Decatur, Illinois · Private Non-Profit ·City
Millikin University
At a glance
Basics
- Type
- Private Non-Profit
- Setting
- City
- Enrollment
- 1,382 students
- Women / Men
- 53.6% / 46.4%
Admissions
- Acceptance rate
- 66.7%
- SAT (mid 50%)
- 860–1130
- ACT (mid 50%)
- 18–25
Cost
- Avg net price
- $21,989
- Sticker price
- $57,475
- Tuition (in-state)
- $26,892
- Tuition (out-of-state)
- $26,892
Outcomes
- Graduation rate
- 54.9%
- Retention rate
- 75%
- Median earnings (10y)
- $51,262
- Median debt
- $27,000 (~$293/mo)
Financial aid
- On Pell grants
- 37.6%
- Take federal loans
- 55.8%
All majors at Millikin University
52 programs listed in federal data. Every row opens a school-specific page; listings without a positive program signal stay available for users but out of Google's index.
Cost & ROI
Is Millikin University worth it?
Pay $21,989/yr after aid. Graduates earn a median of $51,262 ten years out — about 2.3× the annual cost. Value grade: C.
- Avg net price
- $21,989/yr
- Median earnings
- $51,262/yr (10y out)
- Median debt
- $27,000~$293/mo
- 4-year est. cost
- $87,956net of aid
Frequently asked questions
What is Millikin University's acceptance rate?
Millikin University admits 66.7% of applicants — accessible on admissions, compared to the national average of 72.3%. Most admitted students score in the 860–1130 range on the SAT.
How much does Millikin University cost per year?
The average annual net price — what students actually pay after grants and scholarships — is $21,989. The sticker price before any aid is $57,475, so most students receive substantial discounts. Over four years that net cost adds up to roughly $87,956.
How much debt do Millikin University graduates have?
Graduates leave Millikin University with a median federal student loan balance of $27,000, which works out to about $293 per month on a standard 10-year repayment plan. About 55.8% of students take federal loans.
Is Millikin University worth the cost?
Ten years after enrolling, Millikin University graduates earn a median of $51,262 per year (national median: $50,834). That's about 2.3× the annual net price. EduGradify assigns Millikin University a value grade of C.
What SAT score do you need for Millikin University?
Admitted students score 860–1130 on the SAT (middle 50% range, out of 1600). That means a quarter of admits scored above the high end of that range, and a quarter scored below it.
What is the graduation rate at Millikin University?
54.9% of full-time undergraduates graduate from Millikin University within six years of enrolling — national average is 49.9%. First-year retention is 75%.
What are the most popular majors at Millikin University?
52 programs are listed in federal data; 41 have positive share data. The largest reported major at Millikin University is Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing (14.7%), followed by Drama/Theatre Arts and Stagecraft (13.3%).
What percent of Millikin University students receive financial aid?
37.6% of Millikin University students receive a federal Pell Grant — the main need-based federal aid program. 55.8% take federal student loans.
You might also consider
Similar colleges to Millikin University
Same state, similar type and ROI grade — explore alternatives.