Payback
EarningsPlus
Economic score
McKendree University is a private regional university located in Lebanon, Illinois. McKendree University is very inclusive in their admissions.
Return on educational investment at McKendree University is in the bottom 50% of all ranked schools. The median student earns $48,784 10 years after enrolling, 35th in Illinois, and in the top 50% nationally. When adjusted for earning differences by major, McKendree University bachelor students earn 4% less than the national average. McKendree University is ranked 33rd in Illinois.
McKendree University’s median net annual cost of $19,956 and average years to graduate of 4.3 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 6 programs at McKendree University sorted by number of graduates - Registered Nursing, Business Administration, Psychology, Health & Fitness, Quantitative methods Mgmt., Accounting - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$19,956
Average years to graduate
4.3
HR Management
Rank: #86
Economic score: 4.28
Biology
Rank: #279
Economic score: 5.96
Marketing
Rank: #325
Economic score: 6
Sociology
Rank: #197
Economic score: 6.53
Mathematics
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 6.55
Education
Rank: #352
Economic score: 10.02
English Language & Lit
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 12.34
EarningPlus compares the three-year post graduate earnings to the median earnings of the same graduating class, with the same graduate degree. These 2 metrics, debt-to-earnings and EarningsPlus, are combined into an economic score. The lower the economic score the better.
The most popular 5 graduate programs at McKendree University - Business Administration, Educ. Administration, Education, Registered Nursing, Curriculum and Instruction - are shown below.
The average full-time graduate completes their degree in 4.3 years. 61% of all students graduate within 8 years including part-time students. The graduation rate at McKendree University is 3% lower than the state average, and 4% above the average for all regional universities in the country.
At McKendree University, Pell Grant recipients represent 31% of the measured graduating class, 4% lower than the national average of 35%. The average Pell Grant recipient at McKendree University graduates within 4.4 years.
McKendree University is in the bottom 50% of schools for graduating Pell recipients.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
McKendree University’s economic mobility score of 17.95 is calculated by adjusting the 3.15 economic score of lower-income students by the 31% pell grant recipients within the student body. McKendree University’s EMS of 17.95 ranks in the top 50% nationally.false
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Top 50%
The average Title IV recipient at McKendree University pays $19,956 a year, $27,014 less than the $46,970 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $19,956
Much of the gap between net price and sticker price is filled by institutional and government grants. At McKendree University, 94% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $19,956 on average to be covered by the student – be it through loans or out of pocket. In total, 61% of students take out loans, federal or private, at an average amount of $7,857. This is 7% more than the national average.
Federal grants
$6,155
Pell grants
$4,497
State grants
$4,588
Institutional grants
$16,674
McKendree University offers 12 online bachelor programs, 11 of which are held exclusively online. At the master’s level McKendree University offers 5 programs, all of which are held exclusively online. We use the IPEDS July '20 — July '21 Distance Education report to determine which programs are online. EarningsPlus data is provided when available.
Online programs
17
Hybrid programs
1
Percentage of programs online
26%
McKendree University's very inclusive admissions are indicated by their 78% acceptance rate. In 2021, the school had 1,765 applicants, of which 1,371 were admitted and 268 enrolled. McKendree University has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
Full time
68%
83%
Female
54%
59%
First time
43%
59%
In-state
57%
68%
1st generation
33%
35%
White
60%
52%
Black
12%
14%
Hispanic
6%
15%
Asian
1%
5%
American Indian
N/A
1.6%
Pacific Islander
N/A
0.3%
Other
21%
12%