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Private College

Thomas More
College of Liberal Arts

Private College in Merrimack, NH. Six-year graduation rate 63%. Median 10-year earnings $53,565.

Verdict Mixed outcomes
Thomas More College of Liberal Arts · Campus
Median earnings · 10 yr
$53,565
Median debt at grad
$25,000
Graduation rate
62.5%
Federal loan default
0%

Ten years after entry, the median Thomas More College of Liberal Arts student earns $53,565 — a solidly middle-of-the-pack result for an undergraduate institution. Six-year completion sits at 63%, near the national average for undergraduate institutions. Graduates carry a median of $25,000 in debt — in line with the national norm.

Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.

Green Flags
  • ✓ 3-year loan default 0.0% — below national benchmark
Red Flags

Academics

Full-time retention
88%
Transfer-out rate
17%
Student:faculty
10:1

63% graduate within six years — average, but that average still hides a large group who do not. First-year retention of 88% 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. Transfer-out runs to 17% — common enough at this school that the completion rate is measuring a smaller group than the entering class. At 10:1, students get materially more instructor contact than at a typical public university.

Financial Aid

Average net price
$18,140
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
97%
degree- or certificate-seeking undergraduates
% receiving federal loans
82%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 101 degree- or certificate-seeking undergraduates

Net price lands at $18,140 a year on average, neither cheap nor punishing. Aid is steeply need-based: families in the $0–30k band pay $10,433 while those at $110k+ pay $23,826. Most students get help: 97% receive grants worth $22,844 on average. Borrowing is widespread: 82% 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.

% receiving grants
96%
Average grant
$23,993

IPEDS Student Financial Aid · 2023-24 · 25 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 $10,433
$30–48k $12,637
$48–75k $18,222
$75–110k $12,819
$110k+ $23,826

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 83 of these 101 students, totalling $569,000 — an average of $6,855 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

Typical rents near campus (Hillsborough County) — budget these against any cost-of-attendance housing estimate.

Studio
$1,383/mo
1 bedroom
$1,498/mo
2 bedroom (whole unit)
$1,935/mo

HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026

Veterans & GI Bill

GI Bill students
3
Yellow Ribbon
No
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Thomas More College of Liberal Arts with peer institutions

How we evaluate Thomas More College of Liberal Arts

IPEDS
US Department of Education
College Scorecard
Post-grad earnings
Census PSEO
Earnings by major
Opportunity Insights
Mobility by institution
Read our full methodology →