Millikin University

https://millikin.edu

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2019 Undergraduate Tuition

$36,262

6% growth from 2018

2019 Average Net Price

$22,138

After Financial Aid

2017 Student Loan

9.33%

Default Rate

2019 Acceptance Rate

71.3%

3,531 Applicants

2019 Enrolled Students

2,083

95.4% Full-Time

2018 Graduation Rate

57.9%

305 Graduates

About

Millikin University is a higher education institution located in Macon County, IL. In 2016, the most popular Bachelor's Degree concentrations at Millikin University were Registered Nursing (43 degrees awarded), General Music Performance (28 degrees), and General Drama & Theater Arts (26 degrees).

In 2019, 493 degrees were awarded across all undergraduate and graduate programs at Millikin University. 60.2% of these degrees were awarded to women, and 39.8% awarded men. The most common race/ethnicity group of degree recipients was white (372 degrees), 6.89 times more than then the next closest race/ethnicity group, black or african american (54 degrees).

The median undergraduate tuition at Millikin University is $36,262, which is $8,982 more than the national average for Baccalaureate Colleges ($27,280).

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

The median undergraduate tuition at Millikin University is $36,262, which is $8,982 more than the national average for Baccalaureate Colleges ($27,280).

After taking grants and loans into account, the average net price for students is $22,138.

In 2019, 91% of undergraduate students received federal grants, while 67% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$36,262

2019 Undergraduate Tuition

In 2019, the cost of tuition at Millikin University was $36,262. The cost of tuition at Millikin University is $8,982 more than than the overall (public and private) national average for Baccalaureate Colleges ($27,280).

This chart compares the tuition costs of Millikin University (in red) with those of other similar universities.

Average Net Price

$22,138

2019 Value

3.7%

1 Year Growth

In 2019 Millikin University had an average net price — the price paid after factoring in grants and loans — of $22,138. Between 2018 and 2019, the average net price of Millikin University grew by 3.7%.

This chart compares the average net price of Millikin University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$11,818

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Millikin University was of $11,818 in 2019. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board increased by 2.78% between 2018 and 2019. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Millikin University (in red) with that of similar universities.

Financial Aid

Financial Aid by Income Level

91%

Of Undergraduates Receive Grants

67%

Of Undergraduates Receive Federal Loans

91% of undergraduate students at Millikin University received grants or loans in 2019. This represents a growth of 0% with respect to 2018, when 91% of undergraduate students received financial aid.

This chart compares the average award discount at Millikin University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

9.33%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at Millikin University was 9.33%, which represents 60 out of the 643 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Millikin University received 3,531 undergraduate applications in 2019, which represents a 21.7% annual decline. Out of those 3,531 applicants, 2,516 students were accepted for enrollment, representing a 71.3% acceptance rate.

There were 2,083 students enrolled at Millikin University in 2019, and 55% of first-time enrollees submitted SAT scores with their applications.

Millikin University has an overall enrollment yield of 19.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

71.3%

Acceptance Rate in 2019

2,516

Accepted Out of 3,531

In 2019, the undergraduate acceptance rate of Millikin University was 71.3% (2,516 admissions from 3,531 applications). This is higher than the acceptance rate of 2018, which was 61.3%. Between 2018 and 2019, the number of applicants declined by -21.7%, while admissions declined by -8.97%.

This chart compares the acceptance rate of Millikin University (in red) with that of other similar universities.

SAT Scores

55%

Submission Percentage

268

Scores Submitted

55% of enrolled first-time students at Millikin University in 2019 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

Millikin University has a total enrollment of 2,083 students. The full-time enrollment at Millikin University is 1,988 students and the part-time enrollment is 95. This means that 95.4% of students enrolled at Millikin University are enrolled full-time.

The enrolled student population at Millikin University, both undergraduate and graduate, is 67.2% White, 13.5% Black or African American, 4.99% Hispanic or Latino, 3.41% Two or More Races, 1.78% Asian, 0.144% American Indian or Alaska Native, and 0.048% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Millikin University in full-time Undergraduate programs are most commonly White Female (40.1%), followed by White Male (27%) and Black or African American Male (8.86%). Students enrolled in full-time Graduate programs are most commonly White Female (40.6%), followed by White Male (23.2%) and Black or African American Male (7.25%).

Full-Time vs Part-Time Enrollment

95.4%

Full-Time Enrollment

The total enrollment at Millikin University, both undergraduate and graduate, is 2,083 students. The full-time enrollment at Millikin University is 1,988 and the part-time enrollment is 95. This means that 95.4% of students enrolled at Millikin University are enrolled full-time compared with 81.1% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Millikin University (in red) compares to similar universities.

Retention Rate over Time

75%

2019 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. The retention rate for full-time undergraduates at Millikin University was 75%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), Millikin University had a retention rate higher than its peers.

This chart shows the retention rate over time at Millikin University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
1,399
Black or African American
282
Hispanic or Latino
104

The enrolled student population at Millikin University is 67.2% White, 13.5% Black or African American, 4.99% Hispanic or Latino, 3.41% Two or More Races, 1.78% Asian, 0.144% American Indian or Alaska Native, and 0.048% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 55% White, 14% Black or African American, and 13.1% Hispanic or Latino.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 79 students (3.79%) did not report their race.

Graduates

In 2019, 101 more women than men received degrees from Millikin University. The most common race/ethnicity group of degree recipients at Millikin University is white (372 degrees awarded). There were 6.89 times more white graduates than the next closest race/ethnicity group, black or african american (54 degrees).

The most common Bachelor's Degree concentration at Millikin University is Registered Nursing (43 degrees awarded), followed by General Music Performance (28 degrees) and General Drama & Theater Arts (26 degrees).

The most specialized majors across all degree types at Millikin University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (85 degrees awarded), Parks, Recreation, & Leisure (28 degrees), and Philosophy and Religious Studies (5 degrees).

Workforce

Common Jobs by Major

Social workers, all other

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Millikin University are Social workers, all other (167,496 people), Elementary & middle school teachers (153,442 people), Other managers (147,885 people), Postsecondary teachers (120,669 people), and Secondary school teachers (100,538 people).

The most specialized majors at Millikin University are Visual & Performing Arts (85 degrees awarded), Parks, Recreation, & Leisure (28 degrees), Philosophy and Religious Studies (5 degrees), Language & Linguistics (9 degrees), and Public Administration and Social Service (20 degrees).

Highest Paying Jobs by Major

Securities, commodities, & financial services sales agents

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Millikin University are Securities, commodities, & financial services sales agents, Dentists, Public relations specialists, Surgeons, and Physicians

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Millikin University are Elementary & secondary schools (393,648 people), Colleges, universities & professional schools, including junior colleges (255,919 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (163,777 people), Individual & family services (122,214 people), and Outpatient care centers (103,175 people).

Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Millikin University.

Most Common

Registered Nursing
43 degree-majorss awarded
General Music Performance
28 degree-majorss awarded
General Drama & Theater Arts
26 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Millikin University was Registered Nursing with 43 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Millikin University according to their major.

Gender Breakdown for Common Majors

196

Degrees Awarded to Men

in 2019

297

Degrees Awarded to Women

in 2019

In 2019, 196 degrees were awarded to men at Millikin University, which is 0.66 times less than the number of degrees awarded to females (297).

This chart displays the gender disparity between the top 5 majors at Millikin University by degrees awarded.

Most Common Male Majors

In 2019, 30 degrees were awarded to men at Millikin University in General Business Administration & Management, which is 1.76 times more than the 17 female recipients with that same degree.

Most Common Female Majors

In 2019, 42 degrees were awarded to women at Millikin University in Registered Nursing, which is 42 times more than the 1 male recipients with that same degree.

Time to Complete

48%

100% Completion Time

61%

150% Completion Time

In 2019, 48% of students graduating from Millikin University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 61% completed their degrees within 150% of the normal time, and 62% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (69.3%)

The student demographic with the highest graduation rate at Millikin University is Female and White (69.3% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (69.1%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
372 degrees awarded
Black or African American
54 degrees awarded
Hispanic or Latino
36 degrees awarded

The most common race/ethnicity at Millikin University is white (372 degrees awarded). There were 6.89 times more white recipients than the next closest race/ethnicity group, black or african american (54 degrees).

0.609% of degree recipients (3 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Female
224 degrees awarded
White Male
148 degrees awarded
Black or African American Female
34 degrees awarded

The most common race/ethnicity and gender grouping at Millikin University is white female (224 degrees awarded). There were 1.51 times more white female recipients than the next closest race/ethnicity group, white male (148 degrees).

Operations

Millikin University has an endowment valued at nearly $107M, as of the end of the 2019 fiscal year. The return on its endowment was of $7.07M (6.62%), compared to the 3.99% average return ($1.62M on $40.7M) across all Baccalaureate Colleges.

In 2019, Millikin University had a total salary expenditure of $55.6M. Millikin University employs 46 Associate professors, 43 Assistant professors, and 30 Professors. Most academics at Millikin University are Female Assistant professors (25), Male Associate professors(23), and Female Associate professors (23).

The most common positions for non-instructional staff at Millikin University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 54 employees, Office and Administrative Support, with 46 employees, and Management with 25 employees.

Finances

Endowment

$107M

2019 Endowment

1.32%

decline from 2018

Millikin University has an endowment valued at about $107M, as of the end of the 2019 fiscal year. The endowment of Millikin University declined 1.32% from the previous year. The value of their endowment was $66.2M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Millikin University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Diverse Fields Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$409k - Federal
$0 - State
$0 - Local

As of 2019, Millikin University received $409k in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$22.5M

2019 Salaries

2.31%

growth from 2018

In 2019, Millikin University paid a median of $22.5M in salaries, which represents 40.5% of their overall expenditure ($55.6M) and a 2.31% growth from the previous year. This is compared to a 6.36% growth from 2017 and a 3.75% growth from 2016.

The median for similar Baccalaureate Colleges is 15.5M (41% of overall expenditures).

Instructional Salaries

$9.65M

Instructional Salaries

153

Number of Employees

In 2019, Millikin University paid a total of $9.65M to 153 employees working as instructors, which represents 42.9% of all salaries paid.

This is compared to a median of $4.89M (31.6%) for similar Baccalaureate Colleges.

Faculty and Staff

Occupations by Share

Associate professor

Most Common Instructor

46 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

54 Employees

In 2019, the most common positions for instructional staff at Millikin University were Associate professor with 46 employees; Assistant professor with 43 employees; and Assistant professor with 30 employees.

In 2019, the most common positions for non-instructional staff at Millikin University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 54 employees; Office and Administrative Support with 46 employees; and Management with 25 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Female Assistant professor
Male Associate professor
Female Associate professor

In 2019, the most common demographic for instructional staff at Millikin University was Female Assistant professor with 25 employees, Male Associate professor with 23 employees, and Female Associate professor with 23 employees.

This chart shows the gender split between each academic rank present at Millikin University.

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