Active Report Report ID: EDU-183275-2026

Thomas More College of Liberal Arts

Merrimack, NH 03054

Tuition$30,400Published sticker
Avg. net price$18,489After aid
Graduation rate62.50%150% time
Median salary$53,56510yr post-entry
ROI624%10yr vs net cost

About Thomas More College of Liberal Arts

Thomas More College of Liberal Arts is a private university in Merrimack, New Hampshire, enrolling about 97 students. Thomas More College of Liberal Arts awards degrees and certificates tracked in federal College Scorecard and IPEDS reporting. Published tuition for full-time study is about $30,400 per year before aid; net price varies by family income. Median earnings about ten years after entry reach about $53,565 among students who received federal aid.

Key findings

  • Thomas More College of Liberal Arts charges 4% above the national private non-profit median tuition ($30,400).
  • Versus the New Hampshire median, sticker tuition is about 1.9×.
  • Completion within 150% of normal time is 62.50%.
  • Median earnings 10 years after entry are $53,565.

Research findings

01

Finding

Modeled return on investment at Thomas More College of Liberal Arts is strong.

Estimated ROI reaches about 624% using Scorecard cost and 10-year earnings fields in this extract.

— Evidence from EDsmart Data analysis

Interpretation: On this institution-wide model, typical graduate earnings over a decade substantially exceed estimated net education cost.

Limitation: ROI is institution-wide and not program-specific; individual outcomes vary by major, aid package, and labor market.

Cost benchmarks

Benchmark Median Tuition Median Net Price Count
Thomas More College of Liberal Arts$30,400$18,4891
Private Non-profit (national median)$29,3251,444
New Hampshire (state median)$15,838$15,62121
Rural (locale median)$14,160$18,7001,649
United States (national median)$11,900$17,156

Compares this campus to school-type, state, and locale medians plus a U.S. national median (College Scorecard–derived). Locale groups campuses by NCES locale type; state tuition is the median published tuition among campuses in that state.

Cost

Average net price is 39% below published tuition at Thomas More College of Liberal Arts

Source College Scorecard + EDsmart aggregatesMethod Sticker vs net; peer mediansUpdated 2026 extractCoverage Undergraduate (Title IV net price)Confidence Federal extract

Key findings

  • Thomas More College of Liberal Arts's average net price ($18,489) is 39% below published tuition ($30,400).
  • Thomas More College of Liberal Arts charges 4% above the national private non-profit median tuition ($30,400).
  • Versus the New Hampshire median, sticker tuition is about 1.9×.
Published sticker

Thomas More College of Liberal Arts tuition

Published undergraduate tuition $30,400

Finding Thomas More College of Liberal Arts charges 4% above the national private non-profit median tuition.

Evidence Published tuition is $30,400. That is 4% above the national private non-profit median ($29,325). Versus the New Hampshire median ($15,838), sticker tuition is about 1.9×. Versus the U.S. median ($11,900), sticker is about 2.6×.

Method Sticker tuition compared with Scorecard-derived medians by ownership, state, locale, and national rollups when available.

Interpretation Published tuition measures sticker price relative to private non-profit and geographic peers; it does not equal what undergraduates typically pay after aid.

Limitation Sticker comparisons omit room, board, and institutional aid; average net price and income-band net prices are the stronger signals of typical family cost.

Evidence: published tuition at Thomas More College of Liberal Arts versus school-type, state, locale, and U.S. medians.

Evidence: average net price at Thomas More College of Liberal Arts versus state, locale, and U.S. medians.

Average net price

What undergraduates typically pay

Finding Average net price at Thomas More College of Liberal Arts is $18,489.

Evidence College Scorecard average net price is $18,489 (cost of attendance minus average grant aid for aided undergraduates). That is about $2,868 above the New Hampshire median net price. Versus rural campuses, net price runs $211 below the locale median.

Method Average net price from College Scorecard; compared with state, locale, and U.S. medians from EDsmart aggregates.

Interpretation Average net price is a stronger institutional cost signal than published tuition because it incorporates grant aid.

Limitation The campus average masks large differences by household income; income-band net prices can diverge sharply from the overall average.

Key takeaway Thomas More College of Liberal Arts’s published tuition substantially overstates typical undergraduate cost: average net price is about 39% lower after grants and scholarships.

School guide

Thomas More College of Liberal Arts: research record

Canonical EDsmart Data findings for Thomas More College of Liberal Arts—costs, outcomes, admissions, and programs—with evidence and methodology notes.

Research findings

Interpretation

The combination of completion and 10-year earnings is a multidimensional outcomes signal; it does not measure educational quality by itself.

Financial profile

Annual tuition

$30,400

Avg. net price

$18,489

Net price by family income

Income bracketAvg. annual net price
$0–$30,000$10,433
$30,001–$48,000$12,637
$75,001–$110,000$12,819
$110,001+$23,826

Sticker tuition × four years (estimate, no room/board): $121,600. See cost investigation.

Student outcomes

First-year retention88.0%

Share of first-year students returning the following fall.

$40,173Median earnings (6 years after entry)

Graduation rate and 10-year earnings are in the hero strip above; see Graduates for more.

Is Thomas More College of Liberal Arts a good school?

Data-framed fit—not a prestige rating.

Thomas More College of Liberal Arts is a good school for those looking for strong completion alongside solid mid-career earnings.

EDsmart Data does not assign an opinion score; this framing summarizes the strongest Scorecard signals for this campus.

Earnings outcomes
Campus snapshot

More from the data

Location, control, enrollment, and aid context for Thomas More College of Liberal Arts.

Campus

Location

Merrimack, NH

City / state

ZIP
03054
NCES locale
Rural distant

Compared with Rural campuses nationally, net price is 1% below the median for Rural campuses ($18,700 median).

Control

Institution type

Private Non-profit

Control

Region
New England
Carnegie
Baccalaureate Colleges: Diverse Fields

Size

Enrollment

97

Total enrollment

Undergraduate
99
Full-time share
100%

Student aid

Debt & aid

$25,000

Median federal loan debt

Pell grant share
44.55%
Cost detail

Total Cost, Aid & Default

Total Cost of Attendance

$73,956Estimated 4-year total cost
$18,489Average annual net price (after aid)
$121,6004-year tuition
$11,000Room & board (annual, on-campus estimate)
$600Books & supplies (annual estimate)
$42,000Estimated annual sticker (tuition + room/board + books)
$168,000Estimated 4-year sticker (before aid)

Tuition vs average net price after aid for Thomas More College of Liberal Arts.

Financial Aid by Income Level

44.55% Undergraduates receiving aid through grants
82.18% Undergraduates receiving aid through loans

Financial aid distribution by income level.

Student Loan Default Rate

0.00% 3-year cohort default rate (College Scorecard)

The published 3-year cohort default rate for borrowers at Thomas More College of Liberal Arts was 0.00%.

Cohort default rates account for borrowers who default in the first three years.

Multi-year tracker

Tuition tracker

Published tuition and average net price by reporting year come from the College Scorecard institution file. Values are not adjusted for inflation; missing cells mean the field was not reported or was suppressed for Thomas More College of Liberal Arts in that year.

Reporting years in the table below: 20132023 (Scorecard labels refer to the institutional submission cycle).

Year In-state tuition & fees Out-of-state tuition & fees Average net price
2013$19,800$19,800$18,882
2014$20,400$20,400$13,384
2015$20,400$20,400$16,387
2016$20,400$20,400$20,708
2017$21,000$21,000$16,900
2018$21,600$21,600$16,226
2019$21,600$21,600$17,143
2020$24,600$24,600$12,915
2021$25,200$25,200$15,746
2022$28,000$28,000$15,273
2023$29,300$29,300$21,511

Sticker tuition and net price over time

Where the institution reported separate in-state and out-of-state tuition, both appear. Gaps mean the value was not reported for that year.

College Scorecard reporting-year fields (not inflation-adjusted).

Net price by family income

Brackets follow Scorecard definitions for the series shown (public vs private institution).

Latest income-band net prices available in the processed extract.

Access

How difficult is it to get in?

Acceptance Rate

Acceptance rate data is not available for this institution.

Admissions funnel data is not available for this institution.

Test Scores

Test score data is not available for this institution.

Score distribution is not available for this institution.

Academic Requirements

GPA requirements are not published by this institution. Contact the admissions office for specific academic requirements.

Estimated GPA range is not available for this institution.

Student body

Enrollment & Student Demographics

Thomas More College of Liberal Arts reported total enrollment of about 97 students in the latest College Scorecard extract. The student body is about 46% male and 54% female. Enrollment by race and ethnicity includes White (77.3%), Race/ethnicity unknown (10.3%), and Hispanic or Latino (5.1%). About 44.55% of undergraduates receive Pell Grants.

Full-Time vs Part-Time Enrollment

100.0% Full-Time Enrollment

The total enrollment at Thomas More College of Liberal Arts in 2024 is 97 students.

Undergraduate enrollment is about 99 students.

Full-time vs part-time enrollment comparison.

Retention Rate over Time

88.0%
2024 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall.

Retention rate over time compared to similar institutions.

Enrollment by Race & Ethnicity

77.3%White or Caucasian
9Reported race/ethnicity groups

Largest share of total enrollment in our College Scorecard extract.

  • White or Caucasian77.3%
  • Race/ethnicity unknown10.3%
  • Hispanic or Latino5.1%
  • Two or More Races3.1%
  • Asian2.1%
  • Non-Resident Alien2.1%
  • Black or African American0.0%
  • American Indian or Alaska Native0.0%
  • Native Hawaiian or Other Pacific Islander0.0%

College Scorecard student demographics (total enrollment shares).

Outcomes

Do students complete their programs?

Time to Complete

50.00% 100% Completion Time

62.50% 150% Completion Time

In 2024, 50.00% of students graduating from Thomas More College of Liberal Arts completed their program within 100% "normal time".

Completion rates over time compared to similar institutions.

Completions by Sex (Top Programs)

  • Liberal Arts and Sciences, General Studies and Humanities, Other: 38% male / 62% female

IPEDS completions by sex for the five largest programs (aggregate CIPs excluded).

Completions by Race & Ethnicity

18White or Caucasian
7Reported groups

Largest group by summed IPEDS award counts across reported programs.

  • White or Caucasian18
  • Hispanic or Latino1
  • Two or More Races1
  • Black or African American0
  • Asian0
  • American Indian or Alaska Native0
  • Native Hawaiian or Other Pacific Islander0

Summed across program completion records in our extract.

Outcomes & academic profile

Thomas More College of Liberal Arts graduates earn a median of $53,565 ten years after entry

Source College ScorecardMethod Earnings + debt + net price modelsUpdated 2026 extractCoverage Institution-wideConfidence Federal extract

Finding Earnings, debt, and program mix define the financial profile of Thomas More College of Liberal Arts.

Evidence Median earnings 10 years after entry: $53,565. Median federal loan debt: $25,000. Average net price used in cost models: $18,489.

Method College Scorecard median earnings (10-year), median debt, and EDsmart ROI / payback models using campus net price.

Interpretation Institution-wide ROI and debt ratios summarize campus averages; program choice still drives individual outcomes.

Limitation Salary reflects median earnings ten years after entry; ROI is not program-specific.

Key takeaway Thomas More College of Liberal Arts graduates report median earnings of $53,565 ten years after entry—an institution-wide outcomes signal, not a program guarantee.

Return on Investment

624%Modeled return on investment
$25,000Median student debt
$53,565Median annual earnings (10 years)
46.67%Debt-to-earnings ratio
4.7 yearsEstimated payback period

Debt and 4-year net cost vs. cumulative 10-year median earnings for Thomas More College of Liberal Arts.

Top Programs by Completions

Largest 1 programs by IPEDS completions (2 reported codes; aggregate/unknown CIP buckets excluded).

IPEDS award counts for the largest programs at Thomas More College of Liberal Arts.

Employment Outcomes

$53,565Median earnings (10 years after entry)
$40,173Median earnings (6 years after entry)
$30,829Median earnings (8 years after entry)
58.54%Working & not enrolled (8-year cohort share)

Median earnings 6, 8, and 10 years after entry for Thomas More College of Liberal Arts graduates.

How financially powerful is this institution?

Finding: federal finance and Scorecard instructional fields for Thomas More College of Liberal Arts—endowment assets (fiscal year 2023), instructional staffing and expenditure. Compared with state, regional, and U.S. medians from EDsmart Data institutional financials.

Institutional endowment

$3.3M

End-of-year assets · Fiscal year 2023

Start of year: $3.2M

Year change: $46,537

  • New Hampshire median 0.21× the median ($15.7M)
  • New England median 0.08× the median ($42.9M)
  • U.S. median 0.12× the median ($26.4M)

Per FTE: $33,620

  • New Hampshire median 3.2× the median ($10,392)
  • New England median 1.4× the median ($23,268)
  • U.S. median 2.8× the median ($12,100)

Instructional Resources

  • Full-time faculty share: 100.0%
    • New Hampshire median 68.0 pp above median (32.0%)
    • New England median 46.7 pp above median (53.3%)
    • U.S. median 42.0 pp above median (58.0%)
  • Average faculty salary (monthly): $5,762
    • New Hampshire median 0.71× the median ($8,148)
    • New England median 0.62× the median ($9,262)
    • U.S. median 0.76× the median ($7,615)
  • Instructional expenditure per FTE: $13,139
    • New Hampshire median 1.5× the median ($8,614)
    • New England median 1.3× the median ($10,182)
    • U.S. median 1.8× the median ($7,288)

Instructional metrics from College Scorecard. Peer medians are campus-level; see the institutional financials deep dive. Detailed non-instructional staff counts are not included here.

Thomas More College of Liberal Arts at a glance

Institution snapshot

Thomas More College of Liberal Arts

Merrimack, NH 03054 · Private Non-profit · New England

Thomas More College of Liberal Arts is a private non-profit institution in Merrimack, NH, classified as Baccalaureate Colleges: Diverse Fields.

Tuition$30,400
Avg. net price$18,489
Enrollment97
Completion (150%)62.50%
Pell Grant share44.55%
Largest programs (IPEDS awards)
Liberal Arts and Sciences, General Studies and Humanities, Other
Largest enrollment groups
White or Caucasian77.3%
Race/ethnicity unknown10.3%
Hispanic or Latino5.1%
Nearby

Schools near Thomas More College of Liberal Arts

Other campuses in Merrimack, NH when available, plus nearby institutions in New Hampshire.

Peers

Similar schools

Peers matched by the same EDsmart outcomes grade (Grade C) within New Hampshire, then by similar ownership and admissions.

Frequently Asked Questions

Where is Thomas More College of Liberal Arts located?

Thomas More College of Liberal Arts is located in Merrimack, NH.

What is Thomas More College of Liberal Arts's tuition?

Thomas More College of Liberal Arts tuition (published undergraduate sticker price) is $30,400 in the latest College Scorecard data. Average net price after grant aid is $18,489 for undergraduates receiving Title IV aid.

How much does Thomas More College of Liberal Arts cost?

Reported tuition is $30,400 and average net price is $18,489 in the latest College Scorecard data. On-campus room and board is estimated at $11,000 annually.

Why is Thomas More College of Liberal Arts's net price so much lower than tuition?

At Thomas More College of Liberal Arts, published tuition is $30,400 while average net price is $18,489—about 39% lower. Average net price subtracts grant and scholarship aid from cost of attendance for undergraduates receiving Title IV aid (College Scorecard). Institutional aid therefore compresses sticker price into a lower typical undergraduate cost signal. The campus average still masks large differences by household income; income-band net prices can diverge sharply from the overall average. EDsmart Data treats the sticker–net gap as an analytical finding, not advice about individual aid offers.

What explains Thomas More College of Liberal Arts's return on investment in EDsmart Data?

EDsmart Data models ROI using campus average net price ($18,489), completion (62.5% within 150% of normal time where reported), and median earnings ten years after entry ($53,565). High completion and strong mid-career earnings relative to net cost raise modeled ROI; the estimate is institution-wide and not program-specific. Debt-to-earnings ratios, when available, further contextualize borrowing pressure. Limitations include suppressed fields, program mix, and labor-market variation over time.

What is the student body demographics at Thomas More College of Liberal Arts?

Thomas More College of Liberal Arts reports undergraduate enrollment of about 99 students, White (77.3%), Race/ethnicity unknown (10.3%) in federal College Scorecard data.

What do graduates of Thomas More College of Liberal Arts earn?

Median earnings are $40,173 six years after entry and $53,565 ten years after entry.

What is the graduation rate at Thomas More College of Liberal Arts?

The 150%-time completion rate is 62.5% for the cohort reported to the College Scorecard.

How much debt do Thomas More College of Liberal Arts students have?

Median federal loan debt among completers is $25,000.

Is Thomas More College of Liberal Arts public or private?

Thomas More College of Liberal Arts is a private nonprofit institution located in Merrimack, NH.

Is Thomas More College of Liberal Arts an HBCU?

No. Thomas More College of Liberal Arts is not flagged as an HBCU in the IPEDS institutional directory.

Is Thomas More College of Liberal Arts a tribal college?

No. Thomas More College of Liberal Arts is not flagged as a tribal college in IPEDS.

Data Sources

This page uses data from the following sources:

Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.

Last Updated: Data reflects the most recent available information as of January 2025.

Methodology & Data Scope

This profile uses institution-level fields from the U.S. Department of Education College Scorecard, merged with IPEDS directory attributes where needed for locale, ownership, and program completions.

Benchmark rows compare this campus to NCES locale-type medians (for example Suburban) from our processed location extract. Implied U.S. medians are derived from locale-vs-national percentage fields in that extract—not a separate national Scorecard table.