Millikin University
Millikin University is a private research university in Decatur, Illinois, enrolling about 1,382 students. Admission is moderately selective, with an acceptance rate of about 66.68% in federal reporting data. Median earnings about ten years after entry reach about $51,262 among students who received federal aid.
Key Facts
- 2024 Undergraduate Tuition: $26,892
- 2024 Average Net Price: $21,989 After Financial Aid
- 2024 Acceptance Rate: 66.68% Moderate Selectivity
- 2024 Enrolled Students: 1,382 95.8% Full-Time
- 2024 Graduation Rate: 54.94%
- Average SAT Score: 1034
Millikin University: what the data shows
Common questions about Millikin University, answered from College Scorecard and IPEDS in this repository.
Where is Millikin University?
Millikin University is located in Decatur, IL (ZIP 62522-2084).
NCES locale classification: Town.
Is Millikin University public or private?
Millikin University is a Private Non-profit institution.
How much does Millikin University cost?
Published tuition: $26,892.
Average net price after aid: $21,989.
| Family income band | Avg. net price |
|---|---|
| Family income $0–$30,000 | $18,659 |
| $30,001–$48,000 | $15,629 |
| $48,001–$75,000 | $23,053 |
| $75,001–$110,000 | $24,622 |
| $110,001+ | $27,524 |
Sticker tuition × four years (estimate, no room/board): $107,568.
How hard is it to get into Millikin University?
Admission rate: 66.68%.
Among enrollees who submitted scores: average SAT 1034 and midpoint ACT 23.
Scorecard does not publish admitted-student GPA for most institutions.
How big is Millikin University?
Total enrollment: 1,382 students.
About 96% enroll full-time in our extract.
What is the graduation rate at Millikin University?
150%-time completion rate: 54.94%.
First-year retention: 75.0%.
What do graduates of Millikin University earn?
Median earnings: $43,100 six years after entry; $51,262 ten years after entry (College Scorecard).
How much debt do students have?
Median federal loan debt among completers: $27,000.
37.57% of students receive Pell grants.
What is Millikin University known for?
Largest IPEDS program completions at this institution:
- Other/Unknown Programs (447 completions)
- CIP 520201 (59 completions)
- Registered Nursing, Nursing Administration, & Nursing Research (31 completions)
- CIP 500501 (21 completions)
- Elementary Education & Teaching (16 completions)
- Teacher Education and Professional Development, Specific Levels and Methods (16 completions)
- CIP 500509 (16 completions)
- General Biological Sciences (15 completions)
- CIP 310504 (15 completions)
- Social Sciences - 45.0401 (15 completions)
See ROI & Programs for more.
Is Millikin University a good school?
We do not score schools on opinion. Federal data in our extract show admission rate 66.68%; completion rate 54.94%; median earnings $51,262 at 10 years; net price $21,989. Compare these figures to your cost, aid, and career goals.
Costs
Tuition Costs
$26,892
2024 Undergraduate Tuition
In 2024, the cost of tuition at Millikin University was $26,892.
Tuition comparison with similar institutions.
Average Net Price
$21,989
2024 Value
In 2024 Millikin University had an average net price — the price paid after factoring in grants and loans — of $21,989.
Average net price comparison with similar institutions.
Total Cost of Attendance
$87,956 Estimated 4-Year Total Cost
$21,989 Average Annual Net Price (after aid)
$107,568 4-Year Tuition
Costs include tuition and fees. Room & board, books, and other expenses are additional.
4-year total cost breakdown for Millikin University.
Financial Aid by Income Level
37.57% Undergraduates Receiving Financial Aid through Grants
55.75% Undergraduates Receiving Financial Aid through Loans
Financial aid distribution by income level.
Student Loan Default Rate
0.00%
3-year cohort default rate (College Scorecard)
The published 3-year cohort default rate for borrowers at Millikin University was 0.00%.
Cohort default rates account for borrowers who default in the first three years.
Tuition tracker
Published tuition and average net price by reporting year come from the College Scorecard institution file. Values are not adjusted for inflation; missing cells mean the field was not reported or was suppressed for Millikin University in that year.
Reporting years in the table below: 2013–2023 (Scorecard labels refer to the institutional submission cycle).
| Year | In-state tuition & fees | Out-of-state tuition & fees | Average net price |
|---|---|---|---|
| 2013 | $28,644 | $28,644 | $19,476 |
| 2014 | $29,620 | $29,620 | $18,388 |
| 2015 | $30,630 | $30,630 | $20,429 |
| 2016 | $31,824 | $31,824 | $21,049 |
| 2017 | $33,066 | $33,066 | $20,435 |
| 2018 | $35,002 | $35,002 | $20,560 |
| 2019 | $37,054 | $37,054 | $21,331 |
| 2020 | $39,592 | $39,592 | $19,135 |
| 2021 | $26,792 | $39,592 | $19,230 |
| 2022 | $26,892 | $41,632 | $9,309 |
| 2023 | $26,892 | $43,670 | $8,837 |
Sticker tuition and net price over time
Where the institution reported separate in-state and out-of-state tuition, both appear. Gaps mean the value was not reported for that year.
College Scorecard reporting-year fields (not inflation-adjusted).
Net price by family income
Brackets follow Scorecard definitions for the series shown (public vs private institution).
Latest income-band net prices available in the processed extract.
Admissions
Acceptance Rate
66.68% Acceptance Rate
This institution has a moderate acceptance rate, accepting most qualified applicants.
Acceptance rate compared to national average.
Test Scores
SAT Average: 1034
ACT Average: 23
Average SAT and ACT scores for admitted students.
Academic Requirements
Estimated GPA Range: 3.0 - 3.4
Estimated Median GPA: 3.20
Note: GPA requirements are estimated based on admission selectivity and test scores. Actual requirements may vary.
Estimated GPA and test score ranges.
Enrollment
Full-Time vs Part-Time Enrollment
95.8% Full-Time Enrollment
The total enrollment at Millikin University in 2024 is 1,382 students.
Full-time vs part-time enrollment comparison.
Retention Rate over Time
75.0%
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.
Retention rate over time compared to similar institutions.
Graduates & Outcomes
Time to Complete
46.57% 100% Completion Time
54.94% 150% Completion Time
In 2024, 46.57% of students graduating from Millikin University completed their program within 100% "normal time".
Completion rates over time compared to similar institutions.
ROI & Programs
Financial value and program information for Millikin University.
Return on Investment
$27,000 Median Student Debt
$51,262 Median Annual Earnings (10 years)
52.67% Debt-to-Earnings Ratio
482.81% Return on Investment
5.3 years Estimated Payback Period
Financial value analysis for Millikin University.
Top Programs by Completions
10 Programs Reporting Data
CIP 52.0201: 59 completions
Registered Nursing, Nursing Administration, & Nursing Research: 31 completions
CIP 50.0501: 21 completions
Elementary Education & Teaching: 16 completions
Teacher Education and Professional Development, Specific Levels and Methods: 16 completions
CIP 50.0509: 16 completions
General Biological Sciences: 15 completions
CIP 31.0504: 15 completions
Social Sciences - 45.0401: 15 completions
Other/Unknown Programs: 447 completions
Most popular programs at Millikin University.
Employment Outcomes
Employment outcome data is not available for this institution.
Earnings outcomes for Millikin University graduates.
About
Millikin University is a private non-profit institution located in Decatur, IL, offering 72 distinct degree programs across various academic disciplines. The institution enrolls approximately 1,382 students. The admission rate is 66.68%. Average SAT scores for admitted students are 1034. The institution maintains a 54.94% graduation rate. Approximately 37.57% of students receive Pell Grants.
Institution Type
Private Non-profit
Location
Decatur, IL 62522-2084
Region: Great Lakes
Insights and Analysis
Diverse Program Offerings: With over 72 distinct degree programs, Millikin University provides students with a wide range of academic options. This diversity allows students to explore various fields and find programs that align with their interests and career goals.
FAQ
How much does Millikin University cost?
Reported in-state tuition is $26,892 and average net price is $21,989 in the latest College Scorecard data.
How hard is it to get into Millikin University?
The admission rate is 66.7% among first-time degree-seeking students reporting admissions data.
What test scores do students need for Millikin University?
Among enrolled students who submitted scores, Millikin University reports midpoint SAT about 1034 and midpoint ACT about 23.
What do graduates of Millikin University earn?
Median earnings are $43,100 six years after entry and $51,262 ten years after entry.
What is the graduation rate at Millikin University?
The 150%-time completion rate is 54.9% for the cohort reported to the College Scorecard.
How much debt do Millikin University students have?
Median federal loan debt among completers is $27,000.
How big is Millikin University?
Total enrollment is about 1,382 students in the latest reporting year.
Is Millikin University public or private?
Millikin University is a private nonprofit institution located in Decatur, IL.
Is Millikin University an HBCU?
No. Millikin University is not flagged as an HBCU in the IPEDS institutional directory.
Is Millikin University a tribal college?
No. Millikin University is not flagged as a tribal college in IPEDS.
Is Millikin University a Hispanic-serving institution (HSI)?
Using a 25% Hispanic enrollment threshold on College Scorecard demographics, Millikin University does not meet that proxy (reported share 3.8%).
Is Millikin University religiously affiliated?
No religious affiliation is reported for Millikin University in IPEDS institutional characteristics.
Data Sources
This page uses data from the following sources:
- College Scorecard - U.S. Department of Education
- Institutional characteristics, costs, completion rates, and earnings data
- Data years: 2015-2024
- Source: collegescorecard.ed.gov
- Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS)
- Employment and wage data by occupation
- Latest data: May 2024
- Source: bls.gov/oes
- O*NET Online - U.S. Department of Labor
- Occupational skills, knowledge, abilities, and work activities
- Database version: 28.0 (August 2023)
- Source: onetcenter.org
- IPEDS (Integrated Postsecondary Education Data System) - National Center for Education Statistics
- Institutional data, completions, enrollment, and financial aid
- Data years: 2015-2024
- Source: nces.ed.gov/ipeds
- Census Bureau American Community Survey (ACS)
- Demographic and workforce data
- Latest data: 2023 ACS 5-Year Estimates
- Source: census.gov/acs
- Related geography & profiles
Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.
Last Updated: Data reflects the most recent available information as of January 2025.
Methodology
Data for this profile is sourced from the U.S. Department of Education's College Scorecard dataset, which provides comprehensive information on institutions of higher education in the United States.
All financial figures are adjusted for inflation and represent the most recent available data. Graduation rates and completion times are calculated according to federal standards.