Montserrat College
of Art
Private College in Beverly, MA. Six-year graduation rate 53%. Median 10-year earnings $33,022.
Ten-year median earnings of $33,022 are on the low side, which raises the bar for what this degree needs to cost. Six-year completion sits at 54%, near the national average for undergraduate institutions. Debt is the pressure point: a median of $27,000 at graduation.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ 3-year loan default 0.0% — below national benchmark
- ! Debt-to-income ratio 0.82 — elevated (above 0.60)
Academics
54% graduate within six years — average, but that average still hides a large group who do not. First-year retention of 91% shows the cohort holds together through the hardest year. That gap between coming back and finishing is where this school loses people — after the first year, not during it. A 8:1 ratio points to small classes and accessible faculty. This is a private nonprofit four-year college, so read every rate on this page against that peer group specifically.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 260 degree- or certificate-seeking undergraduates
Average net price — what students actually pay after grant aid — is $34,166 a year, at the high end of undergraduate cost. Net price swings hard on family income here, from $25,388 at the $0–30k band to $39,001 at $110k+. 100% of students get grant aid averaging $21,495, so the published price is a poor guide to what most pay. Borrowing is widespread: 75% take federal loans.
Entering first-year students
A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.
IPEDS Student Financial Aid · 2023-24 · 55 students
Net price by family income
The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.
| Family income band | Average net price |
|---|---|
| $0–30k | $25,388 |
| $30–48k | $29,977 |
| $48–75k | $32,347 |
| $75–110k | $37,366 |
| $110k+ | $39,001 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 196 of these 260 students, totalling $1,301,639 — an average of $6,641 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Essex County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
VA GI Bill Comparison Tool (Veterans Affairs GIDS)