McMonagle finished his career as the 19th three-time All-American in Cornell men’s lacrosse history. A first-team All-America pick as a senior, he was a second-team selection as a junior and earned an honorable mention nod as a sophomore. A three-time first-team All-Ivy pick (the seventh in school history), he finished his career as the winningest goalie in Cornell history and was also the winningest active goalie in Division I in 2007 with 45 career victories. Over four seasons, he posted 45-10 (.818) overall record and a 21-1 (.955) record in the Ivy League. He was the unanimous Ivy League Player of the Year and also earned the Ens. C.M. Kelly Jr. Award as the nation's most outstanding goalkeeper in 2007. McMonagle was named a first team CoSIDA Academic All-American in 2007.
A two-time Tewaaraton Trophy nominee, McMonagle finished his career with 558 saves, good for fifth overall in Cornell history and was also the school record holder for single-season goals against average (5.73 in 2006, third in NCAA history) and stood atop the school's career goals against average list (7.27, third in NCAA history). He also ranked second in Cornell history and fourth in NCAA history in minutes played, logging 3,160 between the pipes. During his career, McMonagle was named Ivy League Player of the Week on three occasions - April 10, 2006, April 23, 2007 and March 12, 2007. Following graduation, he was selected by the Long Island Lizards in the first round of the Major League Lacrosse draft, taken with the 10th overall pick.