Ohio Wesleyan University

https://www.owu.edu

2024 Undergraduate Tuition

$53,624

3.7% growth from 2023

2024 Average Net Price

$23,006

After Financial Aid

2023 Default Rate

0.315%

on Student Loans

2024 Acceptance Rate

55.6%

6,144 Applicants

2024 Enrolled Students

1,525

99.1% Full-Time

2024 Graduation Rate

58.6%

263 Graduates

Costs

In 2024, the median undergraduate tuition at Ohio Wesleyan University is $53,624, which is $25,446 more than the national average for Baccalaureate Colleges ($28,178).

After taking grants and loans into account, the average net price for students is $23,006.

In 2024, 99% of undergraduate students attending Ohio Wesleyan University received financial aid through grants. Comparatively, 62% of undergraduate students received financial aid through loans.

Tuition Costs

$53,624

2024 Undergraduate Tuition

In 2024, the cost of tuition at Ohio Wesleyan University was $53,624. The cost of tuition at Ohio Wesleyan University is $25,446 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,178).

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

Average Net Price

$23,006

2024 Value

3.44%

1 Year Growth

In 2024 Ohio Wesleyan University had an average net price — the price paid after factoring in grants and loans — of $23,006. Between 2023 and 2024, the average net price of Ohio Wesleyan University grew by 3.44%.

This chart compares the average net price of Ohio Wesleyan 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

$10,736

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Ohio Wesleyan University was of $10,736 in 2024. The cost of room and board increased by 3.5% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,000. The cost of books and supplies decreased by 19.4% during the same period.

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

Financial Aid by Income Level

99%

Undergraduates Receiving Financial Aid through Grants

62%

Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at Ohio Wesleyan University received financial aid through grants or loans in 2024. This represents a growth of 0% with respect to 2023, when 99% of undergraduate students received financial aid.

This chart compares the average award discount at Ohio Wesleyan 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.

0.315%

2023 Default Rate

Number of Defaults

In 2023 the default rate for borrower's at Ohio Wesleyan University was 0.315%, which represents 1 out of the 317 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.

Enrollment

Ohio Wesleyan University had a total enrollment of 1,525 students in 2024. The full-time enrollment at Ohio Wesleyan University is 1,511 students and the part-time enrollment is 14. This means that 99.1% of students enrolled at Ohio Wesleyan University are enrolled full-time.

The enrolled student population at Ohio Wesleyan University, both undergraduate and graduate, is 71.1% White, 9.44% Black or African American, 6.23% Hispanic or Latino, 4.13% Two or More Races, 2.36% Asian, 0.0656% American Indian or Alaska Native, and 0.0656% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Ohio Wesleyan University in full-time Undergraduate programs are most commonly White Female (40.7%), followed by White Male (31.5%) and Black or African American Female (4.4%).

Full-Time vs Part-Time Enrollment

99.1%

Full-Time Enrollment

The total enrollment at Ohio Wesleyan University in 2024, both undergraduate and graduate, is 1,525 students. The full-time enrollment at Ohio Wesleyan University is 1,511 and the part-time enrollment is 14. This means that 99.1% of students enrolled at Ohio Wesleyan University are enrolled full-time compared with 78.9% at similar Baccalaureate Colleges.

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

Retention Rate over Time

85%

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 Ohio Wesleyan University was 85%. Compared with the full-time retention rate at similar Baccalaureate Colleges (75%), Ohio Wesleyan University had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
1,085 enrolled students
Black or African American
144 enrolled students
Hispanic or Latino
95 enrolled students

The enrolled student population at Ohio Wesleyan University is 71.1% White, 9.44% Black or African American, 6.23% Hispanic or Latino, 4.13% Two or More Races, 2.36% Asian, 0.0656% American Indian or Alaska Native, and 0.0656% 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 50.5% White, 15.6% Hispanic or Latino, and 13.2% 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, 15 students (0.984%) did not report their race.

Operations

Ohio Wesleyan University has an endowment valued at nearly $306M, as of the end of the 2024 fiscal year. The return on its endowment was of 27.9M (9.11%) compared to the 7.58% average return (3.75M on 49.5M) across all Baccalaureate Colleges.

In 2024, Ohio Wesleyan University had a total salary expenditure of 77.8M. Ohio Wesleyan University employs 34 Professors, 33 Associate professors and 31 Assistant professors. Most academics at Ohio Wesleyan University are Male Professor (24), Female Associate professor (20), and Female Assistant professor (18).

The most common positions for non-instructional staff at Ohio Wesleyan University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 88 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 39 employees, and Business and Financial Operations with 29 employees.

Endowment

$306M

2024 Endowment

7.16%

growth from 2023

Ohio Wesleyan University has an endowment valued at about $306M, as of the end of the 2024 fiscal year. The endowment of Ohio Wesleyan University grew 7.16% from the previous year. The value of their endowment was $257M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Ohio Wesleyan 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: Arts & Sciences Focus Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$2.99M - Federal
$443k - State
$6.87k - Local

As of 2024, Ohio Wesleyan University received $2.99M in grants and contracts from the federal government, $443k from state grants and contracts, and $6.87k from local grants and contracts.

Salary Expenditure

$26.5M

2024 Salaries

8.5%

growth from 2023

In 2024, Ohio Wesleyan University paid a median of $26.5M in salaries, which represents 34.1% of their overall expenditure ($77.8M) and a 8.5% growth from the previous year. This is compared to a 6.91% growth between 2022 and 2023, and a 2.1% decline between 2021 and 2022.

Instructional Salaries

$7.75M

Instructional Salaries

Number of Employees

In 2024, Ohio Wesleyan University paid a total of $7.75M to 98 employees working as instructors, which represents 29.2% of all salaries paid.

This is compared to a median of $522k (3.48%) for similar Baccalaureate Colleges.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Ohio Wesleyan University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 88 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 39 employees, and Business and Financial Operations with 29 employees.

Ohio Wesleyan University

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Ohio Wesleyan University

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About

Costs

Tuition Costs

Average Net Price

Other Student Expenses

Financial Aid by Income Level

Student Loan Default Rate

Admissions

Acceptance Rate

SAT Scores

Enrollment

Full-Time vs Part-Time Enrollment

Retention Rate over Time

Enrollment by Race & Ethnicity

Graduates

Common Jobs by Major

Highest Paying Jobs by Major

Common Industries by Major

Majors Awarded

Sex Breakdown for Common Majors

Most Common Male Majors

Most Common Female Majors

Time to Complete

Race & Ethnicity by Share

Race & Ethnicity by Sex

Operations

Endowment

Government Grants and Contracts

Salary Expenditure

Instructional Salaries

Occupations by Share

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