Millikin University

https://www.millikin.edu

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2021 Undergraduate Tuition

$26,000

33% growth from 2020

2021 Average Net Price

$20,055

After Financial Aid

2019 Student Loan

3.36%

Default Rate

2021 Acceptance Rate

74.8%

3,049 Applicants

2021 Enrolled Students

1,906

92.1% Full-Time

2021 Graduation Rate

54.8%

229 Graduates

About

Millikin University is a higher education institution located in Macon County, IL. In 2021, the most popular Bachelors Degree concentrations at Millikin University were Registered Nursing (65 degrees awarded), General Drama & Theater Arts (35 degrees), and General Music Performance (24 degrees).

In 2021, 527 degrees were awarded across all undergraduate and graduate programs at Millikin University. 61.3% of these degrees were awarded to women, and 38.7% awarded men. The most common race/ethnicity group of degree recipients was white (397 degrees), 8.45 times more than then the next closest race/ethnicity group, black or african american (47 degrees).

The median undergraduate tuition at Millikin University is $26,000, which is $−2,505 less than the national average for Baccalaureate Colleges ($28,505).

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

In 2021, the median undergraduate tuition at Millikin University is $26,000, which is $−2,505 less than the national average for Baccalaureate Colleges ($28,505).

After taking grants and loans into account, the average net price for students is $20,055.

In 2021, 94% of undergraduate students attending Millikin University received financial aid through grants. Comparatively, 65% of undergraduate students received financial aid through loans.

Tuition Costs

$26,000

2021 Undergraduate Tuition

In 2021, the cost of tuition at Millikin University was $26,000. The cost of tuition at Millikin University is $−2,505 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,505).

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

Average Net Price

$20,055

2021 Value

0.536%

1 Year Growth

In 2021 Millikin University had an average net price — the price paid after factoring in grants and loans — of $20,055. Between 2020 and 2021, the average net price of Millikin University grew by 0.536%.

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

$12,210

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Millikin University was of $12,210 in 2021. The cost of room and board increased by 3.32% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,000. 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 by Income Level

94%

Undergraduates Receiving Financial Aid through Grants

65%

Undergraduates Receiving Financial Aid through Loans

94% of undergraduate students at Millikin University received financial aid through grants or loans in 2021. This represents a growth of 1.08% with respect to 2020, when 93% 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.

3.36%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Millikin University was 3.36%, which represents 20 out of the 596 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 3,049 undergraduate applications in 2021, which represents a 0.716% annual growth. Out of those 3,049 applicants, 2,281 students were accepted for enrollment, representing a 74.8% acceptance rate.

There were 1,906 students enrolled at Millikin University in 2021. 30% of first-time enrollees submitted SAT scores with their applications.

Millikin University has an overall enrollment yield of 17.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

74.8%

Acceptance Rate in 2021

2,281

Accepted Out of 3,049

In 2021, the undergraduate acceptance rate of Millikin University was 74.8% (2,281 admissions from 3,049 applications). This is higher than the acceptance rate of 2020, which was 71.1%. Between 2020 and 2021, the number of applicants grew by 0.716%, while admissions grew by 4.39%..

This chart compares the acceptance rate of Millikin University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

30%

Submission Percentage (2021)

123

Scores Submitted (2021)

30% of enrolled first-time students at Millikin University in 2021 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 had a total enrollment of 1,906 students in 2021. The full-time enrollment at Millikin University is 1,755 students and the part-time enrollment is 151. This means that 92.1% of students enrolled at Millikin University are enrolled full-time.

The enrolled student population at Millikin University, both undergraduate and graduate, is 66.9% White, 13.9% Black or African American, 5.77% Hispanic or Latino, 3.57% Two or More Races, 2.26% Asian, 0.262% American Indian or Alaska Native, and 0.157% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Millikin University in full-time Undergraduate programs are most commonly White Female (40.8%), followed by White Male (25.6%) and Black or African American Male (9.45%). Students enrolled in full-time Graduate programs are most commonly White Female (38.7%), followed by White Male (29%) and Black or African American Female (8.06%).

Full-Time vs Part-Time Enrollment

92.1%

Full-Time Enrollment

The total enrollment at Millikin University in 2021, both undergraduate and graduate, is 1,906 students. The full-time enrollment at Millikin University is 1,755 and the part-time enrollment is 151. This means that 92.1% of students enrolled at Millikin University are enrolled full-time compared with 79.9% 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

70%

2021 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 70%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Millikin University had a retention rate lower 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 (2021)

White
1,276 enrolled students
Black or African American
265 enrolled students
Hispanic or Latino
110 enrolled students

The enrolled student population at Millikin University is 66.9% White, 13.9% Black or African American, 5.77% Hispanic or Latino, 3.57% Two or More Races, 2.26% Asian, 0.262% American Indian or Alaska Native, and 0.157% 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, 13.5% Black or African American, and 13.4% 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, 20 students (1.05%) did not report their race.

Graduates

In 2021, 119 more women than men received degrees from Millikin University. The most common race/ethnicity group of degree recipients at Millikin University is white (397 degrees awarded). There were 8.45 times more white recipients than the next closest race/ethnicity group, black or african american (47 degrees).

The most common Bachelor's Degree concentration at Millikin University is Registered Nursing (65 degrees awarded), followed by General Drama & Theater Arts (35 degrees) and General Music Performance (24 degrees).

In 2021, 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 (114 degrees awarded), Parks, Recreation, & Leisure (18 degrees), and Language & Linguistics (7 degrees).

Common Jobs by Major

Postsecondary teachers

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 Postsecondary teachers (207,688 people), Elementary & middle school teachers (196,026 people), Other managers (194,865 people), Secondary school teachers (142,436 people), and Software developers (119,902 people).

The most specialized majors at Millikin University in 2021 are Visual & Performing Arts (114 degrees awarded), Parks, Recreation, & Leisure (18 degrees), Language & Linguistics (7 degrees), Physical Sciences (10 degrees), and Math & Statistics (9 degrees) (as of 2021).

Highest Paying Jobs by Major

Surgeons

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 Surgeons, Physicians, Securities, commodities, & financial services sales agents, Sales engineers, and Chief executives & legislators

The most specialized majors at Millikin University are Visual & Performing Arts (114 degrees awarded), Parks, Recreation, & Leisure (18 degrees), Language & Linguistics (7 degrees), Physical Sciences (10 degrees), and Math & Statistics (9 degrees) (as of 2021).

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 (451,968 people), Colleges, universities & professional schools, including junior colleges (392,099 people), Computer Systems Design (203,726 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (197,694 people), and Management, scientific & technical consulting services (95,551 people).

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 (2021)

Registered Nursing
65 degree-majors awarded
General Drama & Theater Arts
35 degree-majors awarded
General Music Performance
24 degree-majors awarded

In 2021, the most common bachelors degree concentration at Millikin University was Registered Nursing with 65 degrees awarded.

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

Sex Breakdown for Common Majors

204

Degrees Awarded to Men

in 2021

323

Degrees Awarded to Women

in 2021

In 2021, 204 degrees were awarded to men at Millikin University, which is 0.632 times less than the number of degrees awarded to females (323).

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

Most Common Male Majors

In 2021, 26 degrees were awarded to men at Millikin University in General Business Administration & Management, which is 1.08 times more than the 24 female recipients with that same degree.

Most Common Female Majors

In 2021, 56 degrees were awarded to men at Millikin University in Registered Nursing, which is 6.22 times more than the 9 male recipients with that same degree.

Time to Complete

51%

100% Completion Time

59%

150% Completion Time

In 2021, 51% of students graduating from Millikin University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 59% completed their degrees within 150% of the normal time, and 59% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (75%)

The student demographic with the highest graduation rate in 2021 at Millikin University is Male and Asian (75% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (72.9%).

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, 0.873% of graduates (2 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
397 degrees awarded
Black or African American
47 degrees awarded
Hispanic or Latino
24 degrees awarded

The most common race/ethnicity at Millikin University is white (397 degrees awarded). There were 8.45 times more white recipients than the next closest race/ethnicity group, black or african american (47 degrees).

0.949% of degree recipients (5 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
252 degrees awarded
White Male
145 degrees awarded
Black or African American Female
24 degrees awarded

The most common race/ethnicity and sex grouping at Millikin University is white female (252 degrees awarded). There were 1.74 times more white female recipients than the next closest race/ethnicity group, white male (145 degrees).

Operations

Millikin University has an endowment valued at nearly $112M, as of the end of the 2021 fiscal year. The return on its endowment was of 25.9M (23.3%) compared to the 17.4% average return (9.13M on 52.4M) across all Baccalaureate Colleges.

In 2021, Millikin University had a total salary expenditure of 53.4M. Millikin University employs 47 Associate professors, 45 Assistant professors and 30 Professors. Most academics at Millikin University are Male Associate professor (27), Female Assistant professor (27), and Female Associate professor (20).

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 41 employees, and Management with 24 employees.

Endowment

$112M

2021 Endowment

18.3%

growth from 2020

Millikin University has an endowment valued at about $112M, as of the end of the 2021 fiscal year. The endowment of Millikin University grew 18.3% from the previous year. The value of their endowment was $59.1M 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.

Salary Expenditure

$21.8M

2021 Salaries

2.18%

decline from 2020

In 2021, Millikin University paid a median of $21.8M in salaries, which represents 40.7% of their overall expenditure ($53.4M) and a 2.18% decline from the previous year.

The median for similar Baccalaureate Colleges is 15.1M (38.9% of overall expenditures).

Instructional Salaries

$10M

Instructional Salaries

155

Number of Employees

In 2021, Millikin University paid a total of $10M to 155 employees working as instructors, which represents 46.1% of all salaries paid.

This is compared to a median of $4.92M (32.5%) for similar Baccalaureate Colleges.

Occupations by Share

Associate professor

Most Common Instructor

47 Employees

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

Most Common Non-Instructional Employee

54 Employees

In 2021, the most common positions for instructional staff at Millikin University were Associate professor with 47 employees, Assistant professor with 45 employees, and Professor with 30 employees.

In 2021, 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 41 employees, and Management with 24 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Associate professor
Female Assistant professor
Female Associate professor

In 2021, the most common demographic for instructional staff at Millikin University was Male Associate professor with 27 employees, Female Assistant professor with 27 employees, and Female Associate professor with 20 employees.

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