Millikin University

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2017 Undergraduate Tuition

$32,274

4% growth from 2016

2017 Average Net Price

$20,988

After Financial Aid

2016 Student Loan

7.86%

Default Rate

2017 Acceptance Rate

64.6%

3,431 Applicants

2017 Enrolled Students

2,040

93.3% Full-Time

2017 Graduation Rate

60.6%

261 Graduates

About

Millikin University is a higher education institution located in Macon County, IL. In 2016, the most popular Bachelor's Degree concentrations at Millikin University were Registered Nursing (56 degrees awarded), General Music Performance (41 degrees), and General Drama & Theater Arts (31 degrees).

In 2017, 566 degrees were awarded across all undergraduate and graduate programs at Millikin University. 63.6% of these degrees were awarded to women, and 36.4% awarded men. The majority of degree recipients were white (434 degrees), 8.04 times more than then the next closest race/ethnicity group, black or african american (54 degrees).

The median undergraduate tuition at Millikin University is $32,274, which is $7,080 more than the national average for Baccalaureate Colleges ($25,194).

Costs

The median undergraduate tuition at Millikin University is $32,274, which is $7,080 more than the national average for Baccalaureate Colleges ($25,194).

After taking grants and loans into account, the average net price for students is $20,988.

In 2017, 92% of undergraduate students received federal grants, while 72% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$32,274

2017 Undergraduate Tuition

In 2017, the cost of tuition at Millikin University was $32,274. The cost of tuition at Millikin University is $7,080 more than than the overall (public and private) national average for Baccalaureate Colleges ($25,194).

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

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Average Net Price

$20,988

2017 Value

4.32%

1 Year Growth

In 2017 Millikin University had an average net price — the price paid after factoring in grants and loans — of $20,988. Between 2016 and 2017, the average net price of Millikin University grew by 4.32%.

This chart compares the average net price of Millikin 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

$11,190

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Millikin University was of $11,190 in 2017. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board increased by 8.78% between 2016 and 2017. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

92%

Of Undergraduates Receive Grants

72%

Of Undergraduates Receive Federal Loans

92% of undergraduate students at Millikin University received grants or loans in 2017. This represents a decline of 1.08% with respect to 2016, when 93% of undergraduate students received financial aid.

This chart compares the average award discount at Millikin 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.

7.86%

2016 Default Rate

50

Number of Defaults

In 2016 the default rate for borrower's at Millikin University was 7.86%, which represents 50 out of the 636 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

Millikin University received 3,431 undergraduate applications in 2017, which represents a 4.91% annual decline. Out of those 3,431 applicants, 2,216 students were accepted for enrollment, representing a 64.6% acceptance rate.

There were 2,040 students enrolled at Millikin University in 2017, and 4% of first-time enrollees submitted SAT scores with their applications.

Millikin University has an overall enrollment yield of 21.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

64.6%

Acceptance Rate in 2017

2,216

Accepted Out of 3,431

In 2017, the undergraduate acceptance rate of Millikin University was 64.6% (2,216 admissions from 3,431 applications). This is higher than the acceptance rate of 2016, which was 63.8%. Between 2016 and 2017, the number of applicants declined by -4.91%, while admissions declined by -3.74%.

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

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SAT Scores

4%

Submission Percentage

21

Scores Submitted

4% of enrolled first-time students at Millikin University in 2017 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

Millikin University has a total enrollment of 2,040 students. The full-time enrollment at Millikin University is 1,904 students and the part-time enrollment is 136. This means that 93.3% of students enrolled at Millikin University are enrolled full-time.

The enrolled student population at Millikin University, both undergraduate and graduate, is 69.1% White, 14.6% Black or African American, 6.67% Hispanic or Latino, 3.97% Two or More Races, 1.62% Asian, 0.098% American Indian or Alaska Native, and 0.049% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Millikin University in full-time Undergraduate programs are majority White Female (42.1%), followed by White Male (26.3%) and Black or African American Male (8.75%). Students enrolled in full-time Graduate programs are majority White Female (43.8%), followed by White Male (31.3%) and Black or African American Female (10.9%).

Full-Time vs Part-Time Enrollment

93.3%

Full-Time Enrollment

The total enrollment at Millikin University, both undergraduate and graduate, is 2,040 students. The full-time enrollment at Millikin University is 1,904 and the part-time enrollment is 136. This means that 93.3% of students enrolled at Millikin University are enrolled full-time compared with 80.6% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

76%

2017 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 Millikin University was 76%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), Millikin University had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    1,409

  2. Black or African American

    297

  3. Hispanic or Latino

    136

The enrolled student population at Millikin University is 69.1% White, 14.6% Black or African American, 6.67% Hispanic or Latino, 3.97% Two or More Races, 1.62% Asian, 0.098% American Indian or Alaska Native, and 0.049% 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 54.9% White, 14% Black or African American, and 12.6% Hispanic or Latino.

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, 27 students (1.32%) did not report their race.

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Graduates

In 2017, 154 more women than men received degrees from Millikin University. The majority of degree recipients at Millikin University are white (434 degrees awarded). There were 8.04 times more white graduates than the next closest race/ethnicity group, black or african american (54 degrees).

The most common Bachelor's Degree concentration at Millikin University is Registered Nursing (56 degrees awarded), followed by General Music Performance (41 degrees) and General Drama & Theater Arts (31 degrees).

The most specialized majors across all degree types at Millikin University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (98 degrees awarded), Parks, Recreation, & Leisure (32 degrees), and Communications (26 degrees).

Workforce

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Millikin University are Accountants & auditors (1,130,065 people), Other managers (802,758 people), Elementary & middle school teachers (518,041 people), Financial managers (454,091 people), and Chief executives & legislators (366,957 people).

The most specialized majors at Millikin University are Visual & Performing Arts (98 degrees awarded), Parks, Recreation, & Leisure (32 degrees), Communications (26 degrees), English (12 degrees), and Business (155 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 Millikin University are Surgeons, Electrical & electronics engineers, Physicians, Dentists, and Magnetic resonance imaging technologists

The most specialized majors at Millikin University are Visual & Performing Arts (98 degrees awarded), Parks, Recreation, & Leisure (32 degrees), Communications (26 degrees), English (12 degrees), and Business (155 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 Millikin University are Elementary & secondary schools (995,916 people), Colleges, universities & professional schools, including junior colleges (655,484 people), Computer Systems Design (568,901 people), Banking & related activities (545,663 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (466,205 people).

The most specialized majors at Millikin University are Visual & Performing Arts (98 degrees awarded), Parks, Recreation, & Leisure (32 degrees), Communications (26 degrees), English (12 degrees), and Business (155 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 Millikin University.

Most Common

  1. 56 degrees awarded

  2. 41 degrees awarded

  3. 31 degrees awarded

In 2017, the most common bachelors degree concentration at Millikin University was Registered Nursing with 56 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Millikin University according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 206

  2. 360

In 2017, 206 degrees were awarded to men at Millikin University, which is 0.572 times less than the number of degrees awarded to females (360).

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

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Most Common Male Majors

In 2017, 29 degrees were awarded to men at Millikin University in General Business Administration & Management, which is 1.32 times more than the 22 female recipients with that same degree.

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Most Common Female Majors

In 2017, 53 degrees were awarded to women at Millikin University in Registered Nursing, which is 10.6 times more than the 5 male recipients with that same degree.

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Time to Complete

48%

100% Completion Time

60%

150% Completion Time

In 2017, 48% of students graduating from Millikin University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 60% 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 Baccalaureate Colleges 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 Gender

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Millikin University is Female and Asian (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (68.1%).

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, 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

    434 degrees awarded

  2. Black or African American

    54 degrees awarded

  3. Hispanic or Latino

    29 degrees awarded

The most common race/ethnicity at Millikin University is white (434 degrees awarded). There were 8.04 times more white recipients than the next closest race/ethnicity group, black or african american (54 degrees).

0.707% of degree recipients (4 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    266 degrees awarded

  2. White Male

    168 degrees awarded

  3. Black or African American Female

    43 degrees awarded

The most common race/ethnicity and gender grouping at Millikin University is white female (266 degrees awarded). There were 1.58 times more white female recipients than the next closest race/ethnicity group, white male (168 degrees).

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Operations

Millikin University has an endowment valued at nearly $108M, as of the end of the 2017 fiscal year. The return on its endowment was of $10.2M (9.38%), compared to the 7.76% average return ($2.88M on $37.1M) across all Baccalaureate Colleges.

In 2017, Millikin University had a total salary expenditure of $51.7M. Millikin University employs 45 Associate professors, 41 Assistant professors, and 31 Professors. Most academics at Millikin University are Male Associate professors (23), Female Associate professors(22), and Female Assistant professors (22).

The most common positions for non-instructional staff at Millikin University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 53 employees, Office and Administrative Support, with 48 employees, and Management with 28 employees.

Finances

Endowment

$108M

2017 Endowment

5.9%

decline from 2016

Millikin University has an endowment valued at about $108M, as of the end of the 2017 fiscal year. The endowment of Millikin University declined 5.9% from the previous year. The value of their endowment was $71.3M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Millikin 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: Diverse Fields Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $346k - Federal

  2. $0 - State

  3. $0 - Local

As of 2017, Millikin University received $346k 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

$20.7M

2017 Salaries

3.75%

growth from 2016

In 2017, Millikin University paid a median of $20.7M in salaries, which represents 40% of their overall expenditure ($51.7M) and a 3.75% growth from the previous year. This is compared to a 0.734% growth from 2015 and a 2.16% decline from 2014.

The median for similar Baccalaureate Colleges is 14.2M (38.9% of overall expenditures).

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Instructional Salaries

$9.09M

Instructional Salaries

150

Number of Employees

In 2017, Millikin University paid a total of $9.09M to 150 employees working as instructors, which represents 43.9% of all salaries paid.

This is compared to a median of $3.02M (30.9%) for similar Baccalaureate Colleges: Diverse Fields.

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Faculty and Staff

Occupations by Share

Associate professor

Most Common Instructor

45 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

53 Employees

In 2017, the most common positions for instructional staff at Millikin University were Associate professor with 45 employees; Assistant professor with 41 employees; and Assistant professor with 31 employees.

In 2017, the most common positions for non-instructional staff at Millikin University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 53 employees; Office and Administrative Support with 48 employees; and Management with 28 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Associate professor

  2. Female Associate professor

  3. Female Assistant professor

In 2017, the most common demographic for instructional staff at Millikin University was Male Associate professor with 23 employees, Female Associate professor with 22 employees, and Female Assistant professor with 22 employees.

This chart shows the gender split between each academic rank present at Millikin University.

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