Mount Vernon Nazarene University

www.mvnu.edu

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2019 Undergraduate Tuition

$21,047

9.49% growth from 2018

2019 Average Net Price

$21,221

After Financial Aid

2017 Student Loan

4.83%

Default Rate

2019 Acceptance Rate

73%

1,305 Applicants

2019 Enrolled Students

2,205

80.2% Full-Time

2018 Graduation Rate

58.5%

169 Graduates

About

Mount Vernon Nazarene University is a higher education institution located in Knox County, OH. In 2016, the most popular Bachelor's Degree concentrations at Mount Vernon Nazarene University were General Business Administration & Management (79 degrees awarded), Social Work (45 degrees), and Registered Nursing (34 degrees).

In 2019, 543 degrees were awarded across all undergraduate and graduate programs at Mount Vernon Nazarene University. 63.5% of these degrees were awarded to women, and 36.5% awarded men. The most common race/ethnicity group of degree recipients was white (455 degrees), 13 times more than then the next closest race/ethnicity group, black or african american (35 degrees).

The median undergraduate tuition at Mount Vernon Nazarene University is $21,047, which is $−979 less than the national average for Masters Colleges and Universities ($22,027).

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

The median undergraduate tuition at Mount Vernon Nazarene University is $21,047, which is $−979 less than the national average for Masters Colleges and Universities ($22,027).

After taking grants and loans into account, the average net price for students is $21,221.

In 2019, 88% of undergraduate students received federal grants, while 62% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$21,047

2019 Undergraduate Tuition

In 2019, the cost of tuition at Mount Vernon Nazarene University was $21,047. The cost of tuition at Mount Vernon Nazarene University is $−979 less than than the overall (public and private) national average for Masters Colleges and Universities ($22,027).

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

Average Net Price

$21,221

2019 Value

2.88%

1 Year Growth

In 2019 Mount Vernon Nazarene University had an average net price — the price paid after factoring in grants and loans — of $21,221. Between 2018 and 2019, the average net price of Mount Vernon Nazarene University grew by 2.88%.

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

$6,160

Room and Board

$1,400

Books and Supplies

The average yearly cost of room and board at Mount Vernon Nazarene University was of $6,160 in 2019. During the same period, the average yearly cost of books and supplies was $1,400. The cost of room and board increased by 2.63% 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 Mount Vernon Nazarene University (in red) with that of similar universities.

Financial Aid

Financial Aid by Income Level

88%

Of Undergraduates Receive Grants

62%

Of Undergraduates Receive Federal Loans

88% of undergraduate students at Mount Vernon Nazarene University received grants or loans in 2019. This represents a growth of 0% with respect to 2018, when 88% 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.

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.

4.83%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at Mount Vernon Nazarene University was 4.83%, which represents 33 out of the 683 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

Mount Vernon Nazarene University received 1,305 undergraduate applications in 2019, which represents a 8.55% annual decline. Out of those 1,305 applicants, 953 students were accepted for enrollment, representing a 73% acceptance rate.

There were 2,205 students enrolled at Mount Vernon Nazarene University in 2019, and 18% of first-time enrollees submitted SAT scores with their applications.

Mount Vernon Nazarene University has an overall enrollment yield of 34%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

73%

Acceptance Rate in 2019

953

Accepted Out of 1,305

In 2019, the undergraduate acceptance rate of Mount Vernon Nazarene University was 73% (953 admissions from 1,305 applications). This is lower than the acceptance rate of 2018, which was 75.8%. Between 2018 and 2019, the number of applicants declined by −8.55%, while admissions declined by −11.8%.

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

SAT Scores

18%

Submission Percentage

Scores Submitted

18% of enrolled first-time students at Mount Vernon Nazarene 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

Mount Vernon Nazarene University has a total enrollment of 2,205 students. The full-time enrollment at Mount Vernon Nazarene University is 1,768 students and the part-time enrollment is 437. This means that 80.2% 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 84.2% White, 4.35% Black or African American, 3.27% Two or More Races, 3.17% Hispanic or Latino, 0.454% Asian, 0.272% American Indian or Alaska Native, and 0.0907% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Mount Vernon Nazarene University in full-time Undergraduate programs are most commonly White Female (53.1%), followed by White Male (33.5%) and Hispanic or Latino Male (1.6%). Students enrolled in full-time Graduate programs are most commonly White Female (42.3%), followed by White Male (31.8%) and Black or African American Female (9.36%).

Full-Time vs Part-Time Enrollment

80.2%

Full-Time Enrollment

The total enrollment at Mount Vernon Nazarene University, both undergraduate and graduate, is 2,205 students. The full-time enrollment at Mount Vernon Nazarene University is 1,768 and the part-time enrollment is 437. This means that 80.2% of students enrolled at Mount Vernon Nazarene University are enrolled full-time compared with 69.2% 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%

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 Mount Vernon Nazarene University was 79%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), 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

White
1,856
Black or African American
96
Two or More Races
72

The enrolled student population at Mount Vernon Nazarene University is 84.2% White, 4.35% Black or African American, 3.27% Two or More Races, 3.17% Hispanic or Latino, 0.454% Asian, 0.272% American Indian or Alaska Native, and 0.0907% 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 Masters Colleges and Universities is 53.3% White, 16% Hispanic or Latino, and 12.9% 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, 76 students (3.45%) did not report their race.

Graduates

In 2019, 147 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 (455 degrees awarded). There were 13 times more white graduates than the next closest race/ethnicity group, black or african american (35 degrees).

The most common Bachelor's Degree concentration at Mount Vernon Nazarene University is General Business Administration & Management (79 degrees awarded), followed by Social Work (45 degrees) and Registered Nursing (34 degrees).

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 Philosophy and Religious Studies (31 degrees awarded), Theology (20 degrees), and Public Administration and Social Service (46 degrees).

Workforce

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 (1,580,227 people), Accountants & auditors (998,788 people), Other managers (749,575 people), Secondary school teachers (542,803 people), and Financial managers (501,650 people).

The most specialized majors at Mount Vernon Nazarene University are Philosophy and Religious Studies (31 degrees awarded), Theology (20 degrees), Public Administration and Social Service (46 degrees), Education (83 degrees), and Business (194 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 Mount Vernon Nazarene University are Securities, commodities, & financial services sales agents, Surgeons, Physicians, Magnetic resonance imaging technologists, and Public relations specialists

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 (3,102,907 people), Colleges, universities & professional schools, including junior colleges (548,056 people), Banking & related activities (495,443 people), Computer Systems Design (491,059 people), and Insurance carriers (428,247 people).

Degrees

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.

Most Common

General Business Administration & Management
79 degree-majorss awarded
Social Work
45 degree-majorss awarded
Registered Nursing
34 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Mount Vernon Nazarene University was General Business Administration & Management with 79 degrees awarded.

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

Gender Breakdown for Common Majors

198

Degrees Awarded to Men

in 2019

345

Degrees Awarded to Women

in 2019

In 2019, 198 degrees were awarded to men at Mount Vernon Nazarene University, which is 0.574 times less than the number of degrees awarded to females (345).

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

Most Common Male Majors

In 2019, 74 degrees were awarded to men at Mount Vernon Nazarene University in General Business Administration & Management, which is 0.914 times less than the 81 female recipients with that same degree.

Most Common Female Majors

In 2019, 81 degrees were awarded to women at Mount Vernon Nazarene University in General Business Administration & Management, which is 1.09 times more than the 74 male recipients with that same degree.

Time to Complete

58%

100% Completion Time

63%

150% Completion Time

In 2019, 58% 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, 63% completed their degrees within 150% of the normal time, and 64% 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.

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Hispanic or Latino Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Mount Vernon Nazarene University is Male and Hispanic or Latino (100% graduation rate). Across all Masters Colleges and Universities, 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, 1.18% of graduates (2 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
455 degrees awarded
Black or African American
35 degrees awarded
Unknown
17 degrees awarded

The most common race/ethnicity at Mount Vernon Nazarene University is white (455 degrees awarded). There were 13 times more white recipients than the next closest race/ethnicity group, black or african american (35 degrees).

3.13% of degree recipients (17 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Female
297 degrees awarded
White Male
158 degrees awarded
Black or African American Female
20 degrees awarded

The most common race/ethnicity and gender grouping at Mount Vernon Nazarene University is white female (297 degrees awarded). There were 1.88 times more white female recipients than the next closest race/ethnicity group, white male (158 degrees).

Operations

Mount Vernon Nazarene University has an endowment valued at nearly $22.6M, as of the end of the 2019 fiscal year. The return on its endowment was of $2.14M (9.46%), compared to the 4.44% average return ($1.71M on $38.5M) across all Masters Colleges and Universities.

In 2019, Mount Vernon Nazarene University had a total salary expenditure of $38.7M. Mount Vernon Nazarene University employs 26 Professors, 23 Assistant professors, and 8 Associate professors. Most academics at Mount Vernon Nazarene University are Male Professors (20), Female Assistant professors(15), and Male Assistant professors (8).

The most common positions for non-instructional staff at Mount Vernon Nazarene University are: Management, with 60 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 42 employees, and Office and Administrative Support with 37 employees.

Finances

Endowment

$22.6M

2019 Endowment

6.83%

growth from 2018

Mount Vernon Nazarene University has an endowment valued at about $22.6M, as of the end of the 2019 fiscal year. The endowment of Mount Vernon Nazarene University grew 6.83% from the previous year. The value of their endowment was $15.8M 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: Larger Programs Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$158k - Federal
$0 - State
$0 - Local

As of 2019, Mount Vernon Nazarene University received $158k in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$14.5M

2019 Salaries

3.55%

growth from 2018

In 2019, Mount Vernon Nazarene University paid a median of $14.5M in salaries, which represents 37.4% of their overall expenditure ($38.7M) and a 3.55% growth from the previous year. This is compared to a 2.3% growth from 2017 and a 1.83% growth from 2016.

The median for similar Masters Colleges and Universities is 34.1M (40.6% of overall expenditures).

Instructional Salaries

$3M

Instructional Salaries

Number of Employees

In 2019, Mount Vernon Nazarene University paid a total of $3M to 59 employees working as instructors, which represents 20.8% of all salaries paid.

This is compared to a median of $11.2M (32.7%) for similar Masters Colleges and Universities.

Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

26 Employees

Management

Most Common Non-Instructional Employee

60 Employees

In 2019, the most common positions for instructional staff at Mount Vernon Nazarene University were Professor with 26 employees; Assistant professor with 23 employees; and Assistant professor with 8 employees.

In 2019, the most common positions for non-instructional staff at Mount Vernon Nazarene University were Management with 60 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 42 employees; and Office and Administrative Support with 37 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male Professor
Female Assistant professor
Male Assistant professor

In 2019, the most common demographic for instructional staff at Mount Vernon Nazarene University was Male Professor with 20 employees, Female Assistant professor with 15 employees, and Male Assistant professor with 8 employees.

This chart shows the gender split between each academic rank present at Mount Vernon Nazarene University.

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