Payback
EarningsPlus
Economic score
Olivet Nazarene University is a private regional university located in Bourbonnais, Illinois. Olivet Nazarene University is moderately inclusive in their admissions.
Return on educational investment at Olivet Nazarene University is in the bottom 50% of all ranked schools. The median student earns $47,552 10 years after enrolling, 38th in Illinois, and in the bottom 50% nationally. When adjusted for earning differences by major, Olivet Nazarene University bachelor students earn 6% less than the national average. Olivet Nazarene University is ranked 37th in Illinois.
Olivet Nazarene University’s median net annual cost of $19,470 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 Olivet Nazarene University sorted by number of graduates - Registered Nursing, Business Administration, Engineering, Comms & Media Studies, Social Work, Psychology - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$19,470
Average years to graduate
4.3
Accounting
Rank: #392
Economic score: 3.53
Marketing
Rank: #229
Economic score: 3.99
Religious Education
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 5.7
Education (subject specific)
Rank: #200
Economic score: 6.09
Fine & Studio Arts
Rank: #104
Economic score: 7.66
Criminal Justice
Rank: #341
Economic score: 9.75
Missions/Missionary Studies and Missiology.
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 11.87
Education
Rank: #375
Economic score: 12.22
English Language & Lit
Rank: #376
Economic score: 17.91
Advertising & PR
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 33.77
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 4 graduate programs at Olivet Nazarene University - Education (subject specific), Curriculum and Instruction, Registered Nursing, Business Administration - are shown below.
The average full-time graduate completes their degree in 4.3 years. 65% of all students graduate within 8 years including part-time students. The graduation rate at Olivet Nazarene University is 0% lower than the state average, and 7% above the average for all regional universities in the country.
At Olivet Nazarene University, Pell Grant recipients represent 35% of the measured graduating class, equal to the national average of 35%. The average Pell Grant recipient at Olivet Nazarene University graduates within 4.4 years.
Olivet Nazarene University is in the top 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.
Olivet Nazarene University’s economic mobility score of 15.46 is calculated by adjusting the 4.16 economic score of lower-income students by the 35% pell grant recipients within the student body. Olivet Nazarene University’s EMS of 15.46 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 Olivet Nazarene University pays $19,470 a year, $30,170 less than the $49,640 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 $19,470
Much of the gap between net price and sticker price is filled by institutional and government grants. At Olivet Nazarene University, 100% 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 $19,470 on average to be covered by the student – be it through loans or out of pocket. In total, 78% of students take out loans, federal or private, at an average amount of $7,065. This is 24% more than the national average.
Federal grants
$5,436
Pell grants
$4,690
State grants
$5,071
Institutional grants
$24,267
Olivet Nazarene University offers 7 online bachelor programs, 5 of which are held exclusively online. At the master’s level Olivet Nazarene University offers 12 programs, 10 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
19
Hybrid programs
4
Percentage of programs online
20%
Olivet Nazarene University's moderately inclusive admissions are indicated by their 61% acceptance rate. In 2021, the school had 5,881 applicants, of which 3,561 were admitted and 661 enrolled. Olivet Nazarene University has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
Full time
93%
83%
Female
63%
59%
First time
65%
59%
In-state
58%
68%
1st generation
28%
35%
White
71%
52%
Black
8%
14%
Hispanic
11%
15%
Asian
2%
5%
American Indian
N/A
1.6%
Pacific Islander
N/A
0.3%
Other
7%
12%