Olivet Nazarene University

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2020 Undergraduate Tuition
$35,960
0.333% growth from 2019
2020 Average Net Price
$20,006
After Financial Aid
2018 Student Loan
2.72%
Default Rate
2020 Acceptance Rate
66.6%
4,711 Applicants
2020 Enrolled Students
3,764
69.9% Full-Time
2020 Graduation Rate
65.1%
507 Graduates

About

Olivet Nazarene University is a higher education institution located in Kankakee County, IL. In 2016, the most popular Bachelor's Degree concentrations at Olivet Nazarene University were Registered Nursing (152 degrees awarded), General Engineering (79 degrees), and General Business Administration & Management (59 degrees).

In 2020, 1,462 degrees were awarded across all undergraduate and graduate programs at Olivet Nazarene University. 70.5% of these degrees were awarded to women, and 29.5% awarded men. The most common race/ethnicity group of degree recipients was white (1,114 degrees), 9.77 times more than then the next closest race/ethnicity group, hispanic or latino (114 degrees).

The median undergraduate tuition at Olivet Nazarene University is $35,960, which is $13,430 more than the national average for Masters Colleges and Universities ($22,531).

Costs

The median undergraduate tuition at Olivet Nazarene University is $35,960, which is $13,430 more than the national average for Masters Colleges and Universities ($22,531).

After taking grants and loans into account, the average net price for students is $20,006.

In 2020, 96% of undergraduate students attending Olivet Nazarene University received financial aid through grants. Comparatively, 72% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$35,960
2020 Undergraduate Tuition

In 2020, the cost of tuition at Olivet Nazarene University was $35,960. The cost of tuition at Olivet Nazarene University is $13,430 more than than the overall (public and private) national average for Masters Colleges and Universities ($22,531).

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Average Net Price

$20,006
2020 Value
4.93%
1 Year Growth

In 2020 Olivet Nazarene University had an average net price — the price paid after factoring in grants and loans — of $20,006. Between 2019 and 2020, the average net price of Olivet Nazarene University grew by 4.93%.

This chart compares the average net price of Olivet 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.

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Other Student Expenses

$10,775
Room and Board
$1,000
Books and Supplies

The average yearly cost of room and board at Olivet Nazarene University was of $10,775 in 2020. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board increased by 5.38% between 2019 and 2020. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

96%
Undergraduates Receiving Financial Aid through Grants
72%
Undergraduates Receiving Financial Aid through Loans

96% of undergraduate students at Olivet Nazarene University received financial aid through grants or loans in 2020. This represents a growth of 0% with respect to 2019, when 96% of undergraduate students received financial aid.

This chart compares the average award discount at Olivet 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.

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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.
2.72%
2018 Default Rate
43
Number of Defaults

In 2018 the default rate for borrower's at Olivet Nazarene University was 2.72%, which represents 43 out of the 1581 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.

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Admissions

Olivet Nazarene University received 4,711 undergraduate applications in 2020, which represents a 6.14% annual decline. Out of those 4,711 applicants, 3,136 students were accepted for enrollment, representing a 66.6% acceptance rate.

There were 3,764 students enrolled at Olivet Nazarene University in 2020, and 70% of first-time enrollees submitted SAT scores with their applications.

Olivet Nazarene University has an overall enrollment yield of 17.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

66.6%
Acceptance Rate in 2020
3,136
Accepted Out of 4,711

In 2020, the undergraduate acceptance rate of Olivet Nazarene University was 66.6% (3,136 admissions from 4,711 applications). This is higher than the acceptance rate of 2019, which was 57.8%. Between 2019 and 2020, the number of applicants declined by −6.14%, while admissions grew by 8.18%.

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SAT Scores

70%
Submission Percentage
390
Scores Submitted

70% of enrolled first-time students at Olivet Nazarene University in 2020 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.

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Enrollment

Olivet Nazarene University has a total enrollment of 3,764 students. The full-time enrollment at Olivet Nazarene University is 2,632 students and the part-time enrollment is 1,132. This means that 69.9% of students enrolled at Olivet Nazarene University are enrolled full-time.

The enrolled student population at Olivet Nazarene University, both undergraduate and graduate, is 70.4% White, 10.1% Hispanic or Latino, 8.24% Black or African American, 3.16% Two or More Races, 2.68% Asian, 0.239% American Indian or Alaska Native, and 0.106% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Olivet Nazarene University in full-time Undergraduate programs are most commonly White Female (41.9%), followed by White Male (30.7%) and Hispanic or Latino Female (7.18%). Students enrolled in full-time Graduate programs are most commonly White Female (40%), followed by White Male (25.7%) and Black or African American Female (8.57%).

Full-Time vs Part-Time Enrollment

69.9%
Full-Time Enrollment

The total enrollment at Olivet Nazarene University, both undergraduate and graduate, is 3,764 students. The full-time enrollment at Olivet Nazarene University is 2,632 and the part-time enrollment is 1,132. This means that 69.9% of students enrolled at Olivet Nazarene University are enrolled full-time compared with 68.8% at similar Masters Colleges and Universities.

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

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Retention Rate over Time

75%
2020 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 Olivet Nazarene University was 75%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), Olivet Nazarene University had a retention rate approximately the same as its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    2,650
  2. Hispanic or Latino
    381
  3. Black or African American
    310

The enrolled student population at Olivet Nazarene University is 70.4% White, 10.1% Hispanic or Latino, 8.24% Black or African American, 3.16% Two or More Races, 2.68% Asian, 0.239% American Indian or Alaska Native, and 0.106% 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 52.6% White, 16.6% Hispanic or Latino, and 13% 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, 158 students (4.2%) did not report their race.

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Graduates

In 2020, 600 more women than men received degrees from Olivet Nazarene University. The most common race/ethnicity group of degree recipients at Olivet Nazarene University is white (1,114 degrees awarded). There were 9.77 times more white graduates than the next closest race/ethnicity group, hispanic or latino (114 degrees).

The most common Bachelor's Degree concentration at Olivet Nazarene University is Registered Nursing (152 degrees awarded), followed by General Engineering (79 degrees) and General Business Administration & Management (59 degrees).

The most specialized majors across all degree types at Olivet Nazarene University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (48 degrees awarded), Education (516 degrees), and Parks, Recreation, & Leisure (30 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Olivet Nazarene University are Elementary & middle school teachers (1,715,639 people), Secondary school teachers (390,385 people), Other managers (373,926 people), Software developers (366,520 people), and Miscellaneous engineers, including nuclear engineers (316,818 people).

The most specialized majors at Olivet Nazarene University are Theology (48 degrees awarded), Education (516 degrees), Parks, Recreation, & Leisure (30 degrees), Engineering (79 degrees), and Philosophy and Religious Studies (6 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Olivet Nazarene University are Surgeons, Aerospace engineers, Physicians, Nuclear medicine technologists and medical dosimetrists, and Securities, commodities, & financial services sales agents

The most specialized majors at Olivet Nazarene University are Theology (48 degrees awarded), Education (516 degrees), Parks, Recreation, & Leisure (30 degrees), Engineering (79 degrees), and Philosophy and Religious Studies (6 degrees).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Olivet Nazarene University are Elementary & secondary schools (2,750,750 people), Computer Systems Design (433,867 people), Architectural, engineering & related services (408,577 people), Colleges, universities & professional schools, including junior colleges (393,284 people), and Construction (310,193 people).

The most specialized majors at Olivet Nazarene University are Theology (48 degrees awarded), Education (516 degrees), Parks, Recreation, & Leisure (30 degrees), Engineering (79 degrees), and Philosophy and Religious Studies (6 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Olivet Nazarene University.
Most Common
  1. 152 degree-majorss awarded
  2. 79 degree-majorss awarded
  3. 59 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Olivet Nazarene University was Registered Nursing with 152 degrees awarded.

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

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Sex Breakdown for Common Majors

431
Degrees Awarded to Men
in 2020
1,031
Degrees Awarded to Women
in 2020

In 2020, 431 degrees were awarded to men at Olivet Nazarene University, which is 0.418 times less than the number of degrees awarded to females (1,031).

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

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Most Common Male Majors

In 2020, 64 degrees were awarded to men at Olivet Nazarene University in General Engineering, which is 4.27 times more than the 15 female recipients with that same degree.

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Most Common Female Majors

In 2020, 158 degrees were awarded to women at Olivet Nazarene University in Reading Teacher Education, which is 17.6 times more than the 9 male recipients with that same degree.

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Time to Complete

53%
100% Completion Time
61%
150% Completion Time

In 2020, 53% of students graduating from Olivet Nazarene 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 61% 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.

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Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
American Indian or Alaska Native Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Olivet Nazarene University is Female and American Indian or Alaska Native (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (72.4%).

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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    1,114 degrees awarded
  2. Hispanic or Latino
    114 degrees awarded
  3. Black or African American
    92 degrees awarded

The most common race/ethnicity at Olivet Nazarene University is white (1,114 degrees awarded). There were 9.77 times more white recipients than the next closest race/ethnicity group, hispanic or latino (114 degrees).

3.76% of degree recipients (55 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Female
    766 degrees awarded
  2. White Male
    348 degrees awarded
  3. Hispanic or Latino Female
    87 degrees awarded

The most common race/ethnicity and sex grouping at Olivet Nazarene University is white female (766 degrees awarded). There were 2.2 times more white female recipients than the next closest race/ethnicity group, white male (348 degrees).

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Operations

Olivet Nazarene University has an endowment valued at nearly $45.1M, as of the end of the 2020 fiscal year. The return on its endowment was of $3.04M (6.75%), compared to the 3.19% average return ($1.26M on $39.6M) across all Masters Colleges and Universities.

In 2020, Olivet Nazarene University had a total salary expenditure of $89.7M. Olivet Nazarene University employs 50 Professors, 38 Associate professors, and 35 Assistant professors. Most academics at Olivet Nazarene University are Male Professors (35), Male Associate professors(24), and Female Assistant professors (22).

The most common positions for non-instructional staff at Olivet Nazarene University are: Office and Administrative Support, with 68 employees, Management, with 56 employees, and Service with 43 employees.

Finances

Endowment

$45.1M
2020 Endowment
6.55%
growth from 2019

Olivet Nazarene University has an endowment valued at about $45.1M, as of the end of the 2020 fiscal year. The endowment of Olivet Nazarene University grew 6.55% from the previous year. The value of their endowment was $5.44M higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Olivet 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.

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Government Grants and Contracts

Grants & Contracts
  1. $3.88M - Federal
  2. $0 - State
  3. $0 - Local

As of 2020, Olivet Nazarene University received $3.88M in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$33.3M
2020 Salaries
4.57%
decline from 2019

In 2020, Olivet Nazarene University paid a median of $33.3M in salaries, which represents 37.1% of their overall expenditure ($89.7M) and a 4.57% decline from the previous year. This is compared to a 2.73% decline from 2018 and a 0.486% growth from 2017.

The median for similar Masters Colleges and Universities is 34.6M (40.9% of overall expenditures).

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Instructional Salaries

$8.22M
Instructional Salaries
124
Number of Employees

In 2020, Olivet Nazarene University paid a total of $8.22M to 124 employees working as instructors, which represents 24.7% of all salaries paid.

This is compared to a median of $11M (31.8%) for similar Masters Colleges and Universities.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
50 Employees
Office and Administrative Support
Most Common Non-Instructional Employee
68 Employees

In 2020, the most common positions for instructional staff at Olivet Nazarene University were Professor with 50 employees; Associate professor with 38 employees; and Associate professor with 35 employees.

In 2020, the most common positions for non-instructional staff at Olivet Nazarene University were Office and Administrative Support with 68 employees; Management with 56 employees; and Service with 43 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic
  1. Male Professor
  2. Male Associate professor
  3. Female Assistant professor

In 2020, the most common demographic for instructional staff at Olivet Nazarene University was Male Professor with 35 employees, Male Associate professor with 24 employees, and Female Assistant professor with 22 employees.

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

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