Mount Vernon Nazarene University

mvnu.edu

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2024 Undergraduate Tuition

$26,719

5.57% growth from 2023

2024 Average Net Price

$22,961

After Financial Aid

2024 Acceptance Rate

84.1%

1,230 Applicants

2024 Enrolled Students

1,671

99.3% Full-Time

2024 Graduation Rate

68.1%

252 Graduates

About

Mount Vernon Nazarene University is a higher education institution located in Knox County, OH. In 2024, the most popular Bachelors Degree concentrations at Mount Vernon Nazarene University were General Business Administration & Management (54 degrees awarded), Social Work (41 degrees), and Elementary Education & Teaching (36 degrees).

In 2024, 494 degrees were awarded across all undergraduate and graduate programs at Mount Vernon Nazarene University. 59.7% of these degrees were awarded to women, and 40.3% awarded men. The most common race/ethnicity group of degree recipients was white (444 degrees), 31.7 times more than then the next closest race/ethnicity group, black or african american (14 degrees).

The median undergraduate tuition at Mount Vernon Nazarene University is $26,719, which is $2,719 more than the national average for Masters Colleges and Universities ($24,000).

Masters Colleges & Universities: Medium Programs Masters Colleges and Universities

Costs

In 2024, the median undergraduate tuition at Mount Vernon Nazarene University is $26,719, which is $2,719 more than the national average for Masters Colleges and Universities ($24,000).

After taking grants and loans into account, the average net price for students is $22,961.

In 2024, 73% of undergraduate students attending Mount Vernon Nazarene University received financial aid through grants. Comparatively, 50% of undergraduate students received financial aid through loans.

Tuition Costs

$26,719

2024 Undergraduate Tuition

In 2024, the cost of tuition at Mount Vernon Nazarene University was $26,719. The cost of tuition at Mount Vernon Nazarene University is $2,719 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,000).

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

Average Net Price

$22,961

2024 Value

1.43%

1 Year Growth

In 2024 Mount Vernon Nazarene University had an average net price — the price paid after factoring in grants and loans — of $22,961. Between 2023 and 2024, the average net price of Mount Vernon Nazarene University grew by 1.43%.

This chart compares the average net price of Mount Vernon Nazarene 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

$8,948

Room and Board

$1,400

Books and Supplies

The average yearly cost of room and board at Mount Vernon Nazarene University was of $8,948 in 2024. The cost of room and board increased by 25.5% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,400. The cost of books and supplies decreased by 12.5% during the same period.

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

Financial Aid by Income Level

73%

Undergraduates Receiving Financial Aid through Grants

50%

Undergraduates Receiving Financial Aid through Loans

73% of undergraduate students at Mount Vernon Nazarene University received financial aid through grants or loans in 2024. This represents a decline of 5.19% with respect to 2023, when 77% of undergraduate students received financial aid.

This chart compares the average award discount at Mount Vernon Nazarene 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.

Admissions

Mount Vernon Nazarene University received 1,230 undergraduate applications in 2024, which represents a 8.47% annual growth. Out of those 1,230 applicants, 1,035 students were accepted for enrollment, representing a 84.1% acceptance rate.

There were 1,671 students enrolled at Mount Vernon Nazarene University in 2024. 5% of first-time enrollees submitted SAT scores with their applications.

Mount Vernon Nazarene University has an overall enrollment yield of 29.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

84.1%

Acceptance Rate in 2024

1,035

Accepted Out of 1,230

In 2024, the undergraduate acceptance rate of Mount Vernon Nazarene University was 84.1% (1,035 admissions from 1,230 applications). This is lower than the acceptance rate of 2023, which was 84.3%. Between 2023 and 2024, the number of applicants grew by 8.47%, while admissions grew by 8.26%.

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

SAT Scores

Submission Percentage (2024)

Scores Submitted (2024)

5% of enrolled first-time students at Mount Vernon Nazarene University in 2024 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Mount Vernon Nazarene University had a total enrollment of 1,671 students in 2024. The full-time enrollment at Mount Vernon Nazarene University is 1,660 students and the part-time enrollment is 11. This means that 99.3% of students enrolled at Mount Vernon Nazarene University are enrolled full-time.

The enrolled student population at Mount Vernon Nazarene University, both undergraduate and graduate, is 73.3% White, 3.47% Hispanic or Latino, 2.69% Two or More Races, 2.09% Black or African American, 1.14% Asian, and 0.0598% American Indian or Alaska Native.

Students enrolled at Mount Vernon Nazarene University in full-time Undergraduate programs are most commonly White Female (52.2%), followed by White Male (30.8%) and Hispanic or Latino Female (2.16%). Students enrolled in full-time Graduate programs are most commonly White Female (36.1%), followed by White Male (26%) and Black or African American Female (2.68%).

Full-Time vs Part-Time Enrollment

99.3%

Full-Time Enrollment

The total enrollment at Mount Vernon Nazarene University in 2024, both undergraduate and graduate, is 1,671 students. The full-time enrollment at Mount Vernon Nazarene University is 1,660 and the part-time enrollment is 11. This means that 99.3% of students enrolled at Mount Vernon Nazarene University are enrolled full-time compared with 67.1% at similar Masters Colleges and Universities.

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

Retention Rate over Time

79%

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. The retention rate for full-time undergraduates at Mount Vernon Nazarene University was 79%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Mount Vernon Nazarene University had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
1,225 enrolled students
Hispanic or Latino
58 enrolled students
Two or More Races
45 enrolled students

The enrolled student population at Mount Vernon Nazarene University is 73.3% White, 3.47% Hispanic or Latino, 2.69% Two or More Races, 2.09% Black or African American, 1.14% Asian, and 0.0598% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 47.4% White, 18.8% Hispanic or Latino, and 13.6% Black or African American.

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, 284 students (17%) did not report their race.

Graduates

In 2024, 96 more women than men received degrees from Mount Vernon Nazarene University. The most common race/ethnicity group of degree recipients at Mount Vernon Nazarene University is white (444 degrees awarded). There were 31.7 times more white recipients than the next closest race/ethnicity group, black or african american (14 degrees).

The most common Bachelor's Degree concentration at Mount Vernon Nazarene University is General Business Administration & Management (54 degrees awarded), followed by Social Work (41 degrees) and Elementary Education & Teaching (36 degrees).

In 2024, the most specialized majors across all degree types at Mount Vernon Nazarene University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (30 degrees awarded), Philosophy and Religious Studies (9 degrees), and Public Administration and Social Service (43 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Mount Vernon Nazarene University are Elementary & middle school teachers (1,503,846 people), Secondary school teachers (485,398 people), Education administrators (267,357 people), Special education teachers (201,915 people), and Preschool & kindergarten teachers (183,752 people).

The most specialized majors at Mount Vernon Nazarene University in 2024 are Theology (30 degrees awarded), Philosophy and Religious Studies (9 degrees), Public Administration and Social Service (43 degrees), Parks, Recreation, & Leisure (20 degrees), and Education (85 degrees) (as of 2024).

Highest Paying Jobs by Major

Magnetic resonance imaging technologists

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Mount Vernon Nazarene University are Magnetic resonance imaging technologists, Surgeons, Cardiovascular technologists and technicians, Economists, and Securities, commodities, & financial services sales agents

The most specialized majors at Mount Vernon Nazarene University are Theology (30 degrees awarded), Philosophy and Religious Studies (9 degrees), Public Administration and Social Service (43 degrees), Parks, Recreation, & Leisure (20 degrees), and Education (85 degrees) (as of 2024).

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 Mount Vernon Nazarene University are Elementary & secondary schools (2,792,856 people), Colleges, universities & professional schools, including junior colleges (294,445 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (232,900 people), Religious organizations (158,848 people), and Individual & family services (153,042 people).

Majors Awarded

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

General Studies

Most Common (2024)

17 degrees awarded

In 2024, the most common associates degree concentration at Mount Vernon Nazarene University was General Studies with 17 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Mount Vernon Nazarene University according to their major.

Sex Breakdown for Common Majors

199

Degrees Awarded to Men

in 2024

295

Degrees Awarded to Women

in 2024

In 2024, 199 degrees were awarded to men at Mount Vernon Nazarene University, which is 0.675 times less than the number of degrees awarded to females (295).

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

Most Common Male Majors

In 2024, 56 degrees were awarded to men at Mount Vernon Nazarene University in General Business Administration & Management, which is 1.24 times more than the 45 female recipients with that same degree.

Most Common Female Majors

In 2024, 45 degrees were awarded to men at Mount Vernon Nazarene University in General Business Administration & Management, which is 0.804 times less than the 56 male recipients with that same degree.

Time to Complete

56%

100% Completion Time

68%

150% Completion Time

In 2024, 56% of students graduating from Mount Vernon Nazarene University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 68% completed their degrees within 150% of the normal time, and 69% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
444 degrees awarded
Black or African American
14 degrees awarded
Hispanic or Latino
12 degrees awarded

The most common race/ethnicity at Mount Vernon Nazarene University is white (444 degrees awarded). There were 31.7 times more white recipients than the next closest race/ethnicity group, black or african american (14 degrees).

0.607% of degree recipients (3 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Female
408 degrees awarded
White Female
399 degrees awarded
White Female
397 degrees awarded

The most common race/ethnicity and sex grouping at Mount Vernon Nazarene University is white female (408 degrees awarded). There were 1.02 times more white female recipients than the next closest race/ethnicity group, white female (399 degrees).

Operations

Mount Vernon Nazarene University has an endowment valued at nearly $29.9M, as of the end of the 2024 fiscal year. The return on its endowment was of 4.58M (15.3%) compared to the 9.2% average return (4.22M on 45.9M) across all Masters Colleges and Universities.

In 2024, Mount Vernon Nazarene University had a total salary expenditure of 38.7M. Mount Vernon Nazarene University employs 30 Assistant professors, 20 Professors and 16 Associate professors. Most academics at Mount Vernon Nazarene University are Female Assistant professor (15), Male Assistant professor (15), and Male Professor (14).

The most common positions for non-instructional staff at Mount Vernon Nazarene University are: Management, with 68 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 50 employees, and Service with 36 employees.

Endowment

$29.9M

2024 Endowment

11.6%

growth from 2023

Mount Vernon Nazarene University has an endowment valued at about $29.9M, as of the end of the 2024 fiscal year. The endowment of Mount Vernon Nazarene University grew 11.6% from the previous year. The value of their endowment was $16M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Medium Programs Carnegie Classification grouping.

Salary Expenditure

$15.2M

2024 Salaries

0.609%

growth from 2023

In 2024, Mount Vernon Nazarene University paid a median of $15.2M in salaries, which represents 39.1% of their overall expenditure ($38.7M) and a 0.609% growth from the previous year. This is compared to a 4.58% growth between 2022 and 2023, and a 5.32% growth between 2021 and 2022.

Instructional Salaries

$3.61M

Instructional Salaries

Number of Employees

In 2024, Mount Vernon Nazarene University paid a total of $3.61M to 68 employees working as instructors, which represents 23.8% of all salaries paid.

This is compared to a median of $965k (3.13%) for similar Masters Colleges and Universities.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Mount Vernon Nazarene University were Management with 68 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 50 employees, and Service with 36 employees.

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