Millikin University is a private nonprofit institution offering graduate degrees based in Decatur, Illinois. It enrolls 1,382 students (a small, tight-knit student body), according to IPEDS 2023-24 data. Below you'll find verified data on admissions, cost, student outcomes, programs offered, and what graduates typically earn, all pulled from the U.S. Department of Education's College Scorecard and IPEDS.
US College Data scores each college on four pillars (outcomes, value, affordability, and selectivity) on a 0–100 scale, ranked within its peer group (4-Year Selective). Scores are calculated from verified College Scorecard and IPEDS data, not opinion or paid placement. Where data is missing, that pillar isn't scored.
Good
60/100
UCD Score · 4-Year Selective
Outcomes43
Value34
Affordability52
Selectivity47
Admissions & Acceptance Rate
With an acceptance rate of 66.7%, Millikin University is moderately selective.
Acceptance Rate
66.7%
Moderate
SAT Range (25th–75th)
860 – 1130
Reading + Math combined
ACT Range (25th–75th)
18 – 25
Cumulative composite
Test PolicyNot ConsideredStandardized test scores are not used in admissions decisions.
5-Year Admission Trend
Acceptance rate over the last five admission cycles. The trend tells you whether Millikin University is getting harder, easier, or staying about the same.
Getting more selective ↓
17.2 pts
since 2019
Cost & Financial Aid
The real cost of attending Millikin University isn't the sticker price. It's the net price,which is what most students actually pay after grants and scholarships. According to College Scorecard 2023-24 data, the average net price is $21,989 per year. That's in line with the typical net price for private nonprofit colleges nationally.
Average Net Price
$21,989
Per year, after typical aid
Receive Pell Grants
38%
Need-based federal aid
Receive Federal Loans
56%
Borrowing to attend
Full Cost Breakdown
Published cost of attendance, the sticker price before grants and scholarships. Most students underestimate room & board and other expenses.
Tuition & Fees
$26,892
Room & Board (on-campus)
$13,695
Room & Board (off-campus)
$12,710
Books & Supplies
$1,000
Other Expenses (on-campus)
$2,378
Other Expenses (off-campus)
$2,378
Total Cost of Attendance
$57,475
Net Price by Family Income
Aid is need-based, so net price varies by family income. Here's what each bracket typically pays after grants and scholarships.
Under $30,000
$18,659
$30,001 – $48,000
$15,629
$48,001 – $75,000
$23,053
$75,001 – $110,000
$24,622
Over $110,000
$27,524
Debt at Graduation
Cumulative federal-loan debt across the full borrowing distribution. The 10th and 90th percentiles bracket the typical range; the median sits in the middle.
$5,00010%percentile
$10,50025%percentile
$27,000Medianpercentile
$28,50075%percentile
$36,75090%percentile
Median Debt by Student Type
Median federal-loan debt at graduation broken down by demographic. Each slice's size is proportional to the dollar amount that group typically borrows.
GroupDebtvs Median
Pell recipients $20,904
↓ $6,096
No Pell $14,798
↓ $12,202
Dependent students $17,750
↓ $9,250
Independent students $24,893
↓ $2,107
Female students $20,000
↓ $7,000
Male students $15,250
↓ $11,750
Worth knowing:
Students who don't finish leave with a median debt of $8,216, less than completers ($27,000), but still a meaningful obligation without a degree in hand.
Graduation Rate & Retention
56% of full-time students who enrolled at Millikin University graduate within six years, and 74% return for their second year, per IPEDS 2023-24 completion data.
6-Year Graduation Rate
56%
Of students who graduate within six years
First-Year Retention
74%
Returning for their second year
After Graduation: Earnings & Outcomes
According to College Scorecard 2023-24 data, students who entered Millikin University earn a median of $51,262 ten years after first enrolling. That's close to the national median for U.S. colleges.
Median Earnings (10 yrs)
$51,262
Earning > $25K
79%
10 yrs after entry
Earnings Growth After Graduation
Median annual earnings 6, 8, and 10 years after students first enrolled.
Earnings by Demographic
Mean annual earnings 10 years after entry, segmented by demographic. Reveals gaps the headline median can't show.
By Gender
Female graduates
$43,700
Median earnings for female grads ten years after first enrolling here.
Male graduates
$52,100
Median earnings for male grads ten years after first enrolling here.
By Family Income at Entry
Family income (lowest third)
$40,500
Earnings of grads from the bottom-third of family incomes at entry.
Family income (middle third)
$46,000
Earnings of grads from the middle-third of family incomes at entry.
Family income (highest third)
$51,200
Earnings of grads from the top-third of family incomes at entry.
The gender gap:
Male graduates earn $8,400, about 16% more than female graduates ten years out. The gap reflects industry mix, role choice, and structural pay differences that exist across most US colleges.
Loan Repayment Progression
Share of completer-cohort borrowers paying down at least $1 of principal at the 1-, 3-, 5-, and 7-year mark. Climbing rates show graduates settling into careers and managing debt; flat or declining rates are a warning.
Climbing: graduates increasingly paying down debt ↑
16.1 pts
across 6 years
What this signals:
Strong. 85% of graduates are actively reducing their debt seven years out.
Who Studies Here
Millikin University is home to 1,382 students, a small, close-knit community. Some distinctive traits: 32% are first-generation college students.
Total Enrolled
1,382
Part-Time
4%
First-Generation
32%
Race & Ethnicity Breakdown
Undergraduate student body composition reported to the US Department of Education.
GroupShareStudents
White 66.9%925
Black 18.0%248
Hispanic 3.8%53
Other 3.5%49
International 2.9%40
Asian 1.6%22
Student Life & Campus Culture
Where students live, learn, and connect at Millikin University. The campus setting, housing profile, and signals that shape day-to-day life here.
Setting
Small CityDecatur, Illinois
Housing
Mostly residential833 beds on campus
Adult Learners
7%of students are 25 or older
Athletics
NCAAathletic-conference member
Academic Calendar
Semesterscheduling structure
What You Can Study
Millikin University offers
an extensive catalog of programs:
46 distinct programs across
21 majors.
Below are its strongest majors, each with flagship programs and typical earnings.
Open a major to explore it in depth, or browse the full program catalog.
The student-to-faculty ratio at Millikin University is 10:1, low (small classes, more faculty contact).
Student : Faculty
10:1
Students per instructional faculty member
Endowment
$214M
Solid financial position
Avg Faculty Salary
$57,785
9-month equivalent across all ranks
Faculty by Rank
116 instructional faculty across 5 ranks.
The rank mix shows how many senior faculty are teaching versus contingent or junior staff, with average salary equated to a 9-month contract.
Rank
Faculty Count
Share
Avg Salary
Full Professors
25
22%
$70,870
Associate Professors
34
29%
$55,810
Assistant Professors
30
26%
$56,833
Instructors
24
21%
$50,640
Lecturers
3
3%
$37,800
Pros & Cons of Millikin University
A quick at-a-glance summary of how Millikin University tends to stack up for prospective students,weighing its data, size, setting, and cost profile together.
PROS
Small classes (low student-faculty ratio)
Tight-knit, close community feel
Solid post-graduation earnings
CONS
Fewer clubs, activities, and social options
Modest first-year retention
Best for:
Based on the data, Millikin University is a fit for
students who thrive in small, close-knit environments.
Frequently Asked Questions about Millikin University
Quick answers to the questions most students and parents ask. Every answer below is calculated from verified government data about Millikin University.
Is Millikin University hard to get into?
Admissions at Millikin University are moderately competitive. The acceptance rate is 66.7%, so most applicants who meet the academic minimums are admitted.
What is the acceptance rate at Millikin University?
Millikin University has an acceptance rate of 66.7%, according to College Scorecard 2023-24 admissions data.
What SAT score do you need for Millikin University?
The middle 50% of admitted students at Millikin University scored between 860 and 1130 on the SAT (Reading + Math combined). Scores at the higher end of that range improve admissions odds materially. Per IPEDS 2023-24 data.
What ACT score do you need for Millikin University?
The middle 50% of admitted students at Millikin University scored between 18 and 25 on the ACT composite. Scores in the upper half of that range strengthen an application. Source: IPEDS 2023-24.
How much does Millikin University cost?
The average net price after aid at Millikin University is $21,989 per year, this is what students typically pay after grants and scholarships are applied. Net price data: College Scorecard 2023-24.
Is Millikin University worth it?
Moderate return on investment. Graduates earn a median of $51,262 ten years after entering, against an average net price of $21,989 per year. That's roughly 2.3x earnings-to-cost. Source: College Scorecard 2023-24.
What is Millikin University known for?
Millikin University is best known for its programs in Nursing, Drama & Theatre, Teaching Specific Subjects. These are the most popular fields by completed degrees, per IPEDS 2023-24 completion data.
What do Millikin University graduates earn?
Median earnings 10 years after entering Millikin University are $51,262, based on College Scorecard 2023-24 federal earnings data for Title IV recipients.
Is Millikin University accredited?
Yes. Millikin University is accredited by the Higher Learning Commission.
How many students attend Millikin University?
Millikin University enrolls 1,382 students, per IPEDS 2023-24 fall enrollment data.
What is the graduation rate at Millikin University?
Millikin University graduates 56% of full-time students within six years, per IPEDS 2023-24 completion data.
Is Millikin University a public or private college?
Millikin University is a Private Nonprofit institution.
Where is Millikin University located?
Millikin University is located in Decatur, Illinois.
What programs does Millikin University offer?
Millikin University offers 46 distinct programs. The most popular include Nursing, Drama & Theatre, Teaching Specific Subjects.
What is the student-to-faculty ratio at Millikin University?
The student-to-faculty ratio at Millikin University is 10:1, per IPEDS 2023-24 data.
Related Colleges in Illinois
Other colleges in Illinois share the same applicant pool, regional economy, and academic landscape. Comparing nearby options puts admissions, costs, and outcomes in context, useful when weighing your fit against local alternatives.
Business Administration
Criminal Justice
Teacher Education (K-12)
Related Guides
Free, data-backed guides to help you decide, built on the same federal data as this profile.
H
How to Build Your College List Pillar
The full process of narrowing from 3,839 US colleges to a shortlist of ~10. Cost, location, size, selectivity, and fit factors that actually predict whether you'll thrive.
What actually makes a college work for first-generation students, the support and aid signals that predict success, and how to find the schools that deliver them using federal data.
How to find the colleges that deliver the strongest return on a STEM degree by weighing earnings outcomes against net cost, rather than chasing the most selective name.
Original data analyses built on the same federal data as this profile. Rankings, outliers, and patterns, no opinions.
American Colleges by the Numbers
One federal dataset, 3,839 colleges. The median school costs $16,371 a year, admits 78% of applicants, and enrolls 1,259 students. The shape of US higher ed.
Higher education data
Net price
College enrollment
Acceptance rate
College ownership
Do Selective Schools Actually Graduate More Students?
Across 1,645 four-year colleges, graduation rates climb steadily with selectivity, from 54% at open-admission schools to 93% at the most exclusive. The gap is real.
Graduation rate
Acceptance rate
Selectivity
Completion
College outcomes
For-Profit Colleges Charge the Most and Pay the Least
For-profit colleges post the highest median net price of any sector and the lowest graduate earnings. They cost more than private nonprofits and pay less than publics.
For-profit colleges
Net price
Earnings
College ROI
College ownership
Continue Exploring
Browse our full directory: every college, major, program, and career we track, all built from verified government data.
