Olivet Nazarene University

www.olivet.edu/

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2021 Undergraduate Tuition

$36,450

1.36% growth from 2020

2021 Average Net Price

$20,431

After Financial Aid

2019 Student Loan

0.891%

Default Rate

2021 Acceptance Rate

60.6%

5,881 Applicants

2021 Enrolled Students

3,462

74% Full-Time

2021 Graduation Rate

63.8%

466 Graduates

About

Olivet Nazarene University is a higher education institution located in Kankakee County, IL. In 2021, the most popular Bachelors Degree concentrations at Olivet Nazarene University were Registered Nursing (131 degrees awarded), General Business Administration & Management (54 degrees), and General Engineering (48 degrees).

In 2021, 1,335 degrees were awarded across all undergraduate and graduate programs at Olivet Nazarene University. 67.9% of these degrees were awarded to women, and 32.1% awarded men. The most common race/ethnicity group of degree recipients was white (1,004 degrees), 9.56 times more than then the next closest race/ethnicity group, black or african american (105 degrees).

The median undergraduate tuition at Olivet Nazarene University is $36,450, which is $13,266 more than the national average for Masters Colleges and Universities ($23,184).

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2021, the median undergraduate tuition at Olivet Nazarene University is $36,450, which is $13,266 more than the national average for Masters Colleges and Universities ($23,184).

After taking grants and loans into account, the average net price for students is $20,431.

In 2021, 97% of undergraduate students attending Olivet Nazarene University received financial aid through grants. Comparatively, 72% of undergraduate students received financial aid through loans.

Tuition Costs

$36,450

2021 Undergraduate Tuition

In 2021, the cost of tuition at Olivet Nazarene University was $36,450. The cost of tuition at Olivet Nazarene University is $13,266 more than than the overall (public and private) national average for Masters Colleges and Universities ($23,184).

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

Average Net Price

$20,431

2021 Value

2.12%

1 Year Growth

In 2021 Olivet Nazarene University had an average net price — the price paid after factoring in grants and loans — of $20,431. Between 2020 and 2021, the average net price of Olivet Nazarene University grew by 2.12%.

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.

Other Student Expenses

$10,770

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Olivet Nazarene University was of $10,770 in 2021. The cost of room and board decreased by 0.0464% 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 Olivet Nazarene University (in red) with that of similar universities.

Financial Aid by Income Level

97%

Undergraduates Receiving Financial Aid through Grants

72%

Undergraduates Receiving Financial Aid through Loans

97% of undergraduate students at Olivet Nazarene University received financial aid through grants or loans in 2021. This represents a growth of 1.04% with respect to 2020, 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.

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.

0.891%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Olivet Nazarene University was 0.891%, which represents 14 out of the 1571 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

Olivet Nazarene University received 5,881 undergraduate applications in 2021, which represents a 24.8% annual growth. Out of those 5,881 applicants, 3,561 students were accepted for enrollment, representing a 60.6% acceptance rate.

There were 3,462 students enrolled at Olivet Nazarene University in 2021. 39% of first-time enrollees submitted SAT scores with their applications.

Olivet Nazarene University has an overall enrollment yield of 18.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

60.6%

Acceptance Rate in 2021

3,561

Accepted Out of 5,881

In 2021, the undergraduate acceptance rate of Olivet Nazarene University was 60.6% (3,561 admissions from 5,881 applications). This is lower than the acceptance rate of 2020, which was 66.6%. Between 2020 and 2021, the number of applicants grew by 24.8%, while admissions grew by 13.6%..

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

SAT Scores

39%

Submission Percentage (2021)

260

Scores Submitted (2021)

39% of enrolled first-time students at Olivet Nazarene 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

Olivet Nazarene University had a total enrollment of 3,462 students in 2021. The full-time enrollment at Olivet Nazarene University is 2,562 students and the part-time enrollment is 900. This means that 74% of students enrolled at Olivet Nazarene University are enrolled full-time.

The enrolled student population at Olivet Nazarene University, both undergraduate and graduate, is 69.6% White, 11.8% Hispanic or Latino, 7.83% Black or African American, 3.29% Two or More Races, 2.8% Asian, 0.433% Native Hawaiian or Other Pacific Islanders, and 0.289% American Indian or Alaska Native.

Students enrolled at Olivet Nazarene University in full-time Undergraduate programs are most commonly White Female (40.8%), followed by White Male (29.1%) and Hispanic or Latino Female (7.7%). Students enrolled in full-time Graduate programs are most commonly White Female (37%), followed by White Male (24.1%) and Black or African American Female (9.26%).

Full-Time vs Part-Time Enrollment

74%

Full-Time Enrollment

The total enrollment at Olivet Nazarene University in 2021, both undergraduate and graduate, is 3,462 students. The full-time enrollment at Olivet Nazarene University is 2,562 and the part-time enrollment is 900. This means that 74% of students enrolled at Olivet Nazarene University are enrolled full-time compared with 68.3% 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.

Retention Rate over Time

78%

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 Olivet Nazarene University was 78%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Olivet Nazarene University had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
2,408 enrolled students
Hispanic or Latino
408 enrolled students
Black or African American
271 enrolled students

The enrolled student population at Olivet Nazarene University is 69.6% White, 11.8% Hispanic or Latino, 7.83% Black or African American, 3.29% Two or More Races, 2.8% Asian, 0.433% Native Hawaiian or Other Pacific Islanders, and 0.289% 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 52% White, 16.9% Hispanic or Latino, and 12.8% 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, 93 students (2.69%) did not report their race.

Graduates

In 2021, 479 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 (1,004 degrees awarded). There were 9.56 times more white recipients than the next closest race/ethnicity group, black or african american (105 degrees).

The most common Bachelor's Degree concentration at Olivet Nazarene University is Registered Nursing (131 degrees awarded), followed by General Business Administration & Management (54 degrees) and General Engineering (48 degrees).

In 2021, 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 AND RELIGIOUS VOCATIONS. (83 degrees awarded), EDUCATION. (399 degrees), and Communications (52 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 Olivet Nazarene University are Elementary & middle school teachers (1,684,491 people), Secondary school teachers (433,469 people), Education administrators (287,985 people), Other managers (222,133 people), and Special education teachers (179,352 people).

The most specialized majors at Olivet Nazarene University in 2021 are THEOLOGY AND RELIGIOUS VOCATIONS. (83 degrees awarded), EDUCATION. (399 degrees), Communications (52 degrees), Parks, Recreation, & Leisure (30 degrees), and Public Administration and Social Service (39 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 Olivet Nazarene University are Surgeons, Nuclear medicine technologists and medical dosimetrists, Cardiovascular technologists and technicians, Aircraft pilots & flight engineers, and Physicians

The most specialized majors at Olivet Nazarene University are THEOLOGY AND RELIGIOUS VOCATIONS. (83 degrees awarded), EDUCATION. (399 degrees), Communications (52 degrees), Parks, Recreation, & Leisure (30 degrees), and Public Administration and Social Service (39 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 Olivet Nazarene University are Elementary & secondary schools (2,883,262 people), Colleges, universities & professional schools, including junior colleges (361,437 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (253,516 people), Individual & family services (162,624 people), and Religious organizations (154,219 people).

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 (2021)

Registered Nursing
131 degrees awarded
General Business Administration & Management
54 degrees awarded
General Engineering
48 degrees awarded

In 2021, the most common bachelors degree concentration at Olivet Nazarene University was Registered Nursing with 131 degrees awarded.

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

Sex Breakdown for Common Majors

428

Degrees Awarded to Men

in 2021

907

Degrees Awarded to Women

in 2021

In 2021, 428 degrees were awarded to men at Olivet Nazarene University, which is 0.472 times less than the number of degrees awarded to females (907).

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

Most Common Male Majors

In 2021, 53 degrees were awarded to men at Olivet Nazarene University in General Business Administration & Management, which is 1.02 times more than the 52 female recipients with that same degree.

Most Common Female Majors

In 2021, 134 degrees were awarded to women at Olivet Nazarene University in Reading Teacher Education. There were no male recipients with the same degree.

Time to Complete

54%

100% Completion Time

64%

150% Completion Time

In 2021, 54% of students graduating from Olivet Nazarene University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 64% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Olivet Nazarene University is Male and Asian (100% graduation rate). Across all Masters Colleges and Universities, 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, 2.36% of graduates (11 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
1,004 degrees awarded
Black or African American
105 degrees awarded
Hispanic or Latino
74 degrees awarded

The most common race/ethnicity at Olivet Nazarene University is white (1,004 degrees awarded). There were 9.56 times more white recipients than the next closest race/ethnicity group, black or african american (105 degrees).

5.17% of degree recipients (69 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
669 degrees awarded
White Male
335 degrees awarded
Black or African American Female
74 degrees awarded

The most common race/ethnicity and sex grouping at Olivet Nazarene University is white female (669 degrees awarded). There were 2 times more white female recipients than the next closest race/ethnicity group, white male (335 degrees).

Operations

Olivet Nazarene University has an endowment valued at nearly $57.7M, as of the end of the 2021 fiscal year. The return on its endowment was of 17.5M (30.4%) compared to the 13.1% average return (6.61M on 50.4M) across all Masters Colleges and Universities.

In 2021, Olivet Nazarene University had a total salary expenditure of 85.2M. Olivet Nazarene University employs 39 Associate professors, 38 Professors and 33 Assistant professors. Most academics at Olivet Nazarene University are Male Professor (26), Male Associate professor (24), and Female Assistant professor (19).

The most common positions for non-instructional staff at Olivet Nazarene University are: Office and Administrative Support, with 61 employees, Management, with 56 employees, and Service with 42 employees.

Endowment

$57.7M

2021 Endowment

28%

growth from 2020

Olivet Nazarene University has an endowment valued at about $57.7M, as of the end of the 2021 fiscal year. The endowment of Olivet Nazarene University grew 28% from the previous year. The value of their endowment was $7.23M 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.

Salary Expenditure

$32M

2021 Salaries

4.01%

decline from 2020

In 2021, Olivet Nazarene University paid a median of $32M in salaries, which represents 37.5% of their overall expenditure ($85.2M) and a 4.01% decline from the previous year.

The median for similar Masters Colleges and Universities is 35.1M (41.3% of overall expenditures).

Instructional Salaries

$7.18M

Instructional Salaries

110

Number of Employees

In 2021, Olivet Nazarene University paid a total of $7.18M to 110 employees working as instructors, which represents 22.5% of all salaries paid.

This is compared to a median of $11M (31.3%) for similar Masters Colleges and Universities.

Occupations by Share

Associate professor

Most Common Instructor

39 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

61 Employees

In 2021, the most common positions for instructional staff at Olivet Nazarene University were Associate professor with 39 employees, Professor with 38 employees, and Assistant professor with 33 employees.

In 2021, the most common positions for non-instructional staff at Olivet Nazarene University were Office and Administrative Support with 61 employees, Management with 56 employees, and Service with 42 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Male Associate professor
Female Assistant professor

In 2021, the most common demographic for instructional staff at Olivet Nazarene University was Male Professor with 26 employees, Male Associate professor with 24 employees, and Female Assistant professor with 19 employees.

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