Olivet Nazarene University

www.olivet.edu

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2024 Undergraduate Tuition
$37,910
2.6% growth from 2023
2024 Average Net Price
$21,281
After Financial Aid
2024 Acceptance Rate
55.9%
5,789 Applicants
2024 Enrolled Students
3,339
77.8% Full-Time
2024 Graduation Rate
60.8%
421 Graduates

About

Olivet Nazarene University is a higher education institution located in Kankakee County, IL. In 2024, the most popular Masters Degree concentrations at Olivet Nazarene University were General Business Administration & Management (120 degrees awarded), Family Practice Nurse (51 degrees), and Organizational Leadership (43 degrees).

In 2024, 995 degrees were awarded across all undergraduate and graduate programs at Olivet Nazarene University. 66.3% of these degrees were awarded to women, and 33.7% awarded men. The most common race/ethnicity group of degree recipients was white (711 degrees), 6.97 times more than then the next closest race/ethnicity group, hispanic or latino (102 degrees).

The median undergraduate tuition at Olivet Nazarene University is $37,910, which is $12,622 more than the national average for Masters Colleges and Universities ($25,288).

Masters Colleges & Universities: Larger ProgramsMasters Colleges and Universities

Costs

In 2024, the median undergraduate tuition at Olivet Nazarene University is $37,910, which is $12,622 more than the national average for Masters Colleges and Universities ($25,288).

After taking grants and loans into account, the average net price for students is $21,281.

In 2024, 98% of undergraduate students attending Olivet Nazarene University received financial aid through grants. Comparatively, 63% of undergraduate students received financial aid through loans.

Tuition Costs

$37,910
2024 Undergraduate Tuition

In 2024, the cost of tuition at Olivet Nazarene University was $37,910. The cost of tuition at Olivet Nazarene University is $12,622 more than than the overall (public and private) national average for Masters Colleges and Universities ($25,288).

This chart compares the tuition costs of Olivet Nazarene University (in red) with those of other similar universities.

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Average Net Price

$21,281
2024 Value
6.28%
1 Year Growth

In 2024 Olivet Nazarene University had an average net price — the price paid after factoring in grants and loans — of $21,281. Between 2023 and 2024, the average net price of Olivet Nazarene University grew by 6.28%.

This chart compares the average net price of Olivet Nazarene University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$13,715
Room and Board
$850
Books and Supplies

The average yearly cost of room and board at Olivet Nazarene University was of $13,715 in 2024. The cost of room and board increased by 9.07% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $850. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Olivet Nazarene University (in red) with that of similar universities.

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Financial Aid by Income Level

98%
Undergraduates Receiving Financial Aid through Grants
63%
Undergraduates Receiving Financial Aid through Loans

98% of undergraduate students at Olivet Nazarene University received financial aid through grants or loans in 2024. This represents a growth of 1.03% with respect to 2023, when 97% of undergraduate students received financial aid.

This chart compares the average award discount at Olivet Nazarene University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Admissions

Olivet Nazarene University received 5,789 undergraduate applications in 2024, which represents a 30.8% annual growth. Out of those 5,789 applicants, 3,234 students were accepted for enrollment, representing a 55.9% acceptance rate.

There were 3,339 students enrolled at Olivet Nazarene University in 2024. 29% of first-time enrollees submitted SAT scores with their applications.

Olivet Nazarene University has an overall enrollment yield of 24.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

55.9%
Acceptance Rate in 2024
3,234
Accepted Out of 5,789

In 2024, the undergraduate acceptance rate of Olivet Nazarene University was 55.9% (3,234 admissions from 5,789 applications). This is lower than the acceptance rate of 2023, which was 66.9%. Between 2023 and 2024, the number of applicants grew by 30.8%, while admissions grew by 9.22%.

This chart compares the acceptance rate of Olivet Nazarene University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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SAT Scores

29%
Submission Percentage (2024)
233
Scores Submitted (2024)

29% of enrolled first-time students at Olivet Nazarene University in 2024 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

Olivet Nazarene University had a total enrollment of 3,339 students in 2024. The full-time enrollment at Olivet Nazarene University is 2,597 students and the part-time enrollment is 742. This means that 77.8% of students enrolled at Olivet Nazarene University are enrolled full-time.

The enrolled student population at Olivet Nazarene University, both undergraduate and graduate, is 60.7% White, 12.1% Hispanic or Latino, 8.21% Black or African American, 3.23% Two or More Races, 2.31% Asian, 1.2% Native Hawaiian or Other Pacific Islanders, and 0.299% American Indian or Alaska Native.

Students enrolled at Olivet Nazarene University in full-time Undergraduate programs are most commonly White Female (34.9%), followed by White Male (25.6%) and Hispanic or Latino Female (7.56%). Students enrolled in full-time Graduate programs are most commonly White Female (40%), followed by White Male (24.8%) and Black or African American Female (8.57%).

Full-Time vs Part-Time Enrollment

77.8%
Full-Time Enrollment

The total enrollment at Olivet Nazarene University in 2024, both undergraduate and graduate, is 3,339 students. The full-time enrollment at Olivet Nazarene University is 2,597 and the part-time enrollment is 742. This means that 77.8% of students enrolled at Olivet Nazarene University are enrolled full-time compared with 68.6% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at Olivet Nazarene University (in red) compares to similar universities.

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Retention Rate over Time

71%
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. The retention rate for full-time undergraduates at Olivet Nazarene University was 71%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Olivet Nazarene University had a retention rate lower than its peers.

This chart shows the retention rate over time at Olivet Nazarene University (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)
  1. White
    2,027 enrolled students
  2. Hispanic or Latino
    405 enrolled students
  3. Black or African American
    274 enrolled students

The enrolled student population at Olivet Nazarene University is 60.7% White, 12.1% Hispanic or Latino, 8.21% Black or African American, 3.23% Two or More Races, 2.31% Asian, 1.2% Native Hawaiian or Other Pacific Islanders, and 0.299% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 48.8% White, 18.2% Hispanic or Latino, and 13.7% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 342 students (10.2%) did not report their race.

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Graduates

In 2024, 325 more women than men received degrees from Olivet Nazarene University. The most common race/ethnicity group of degree recipients at Olivet Nazarene University is white (711 degrees awarded). There were 6.97 times more white recipients than the next closest race/ethnicity group, hispanic or latino (102 degrees).

The most common Masters Degree concentration at Olivet Nazarene University is General Business Administration & Management (120 degrees awarded), followed by Family Practice Nurse (51 degrees) and Organizational Leadership (43 degrees).

In 2024,  the most specialized majors across all degree types at Olivet Nazarene University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (30 degrees awarded), Education (216 degrees), and Parks, Recreation, & Leisure (33 degrees).

Common Jobs by Major

Elementary & middle school teachers
Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Olivet Nazarene University are Elementary & middle school teachers (1,646,421 people), Accountants & auditors (1,035,452 people), Other managers (818,551 people), Secondary school teachers (557,745 people), and Financial managers (543,578 people).

The most specialized majors at Olivet Nazarene University in 2024 are Theology (30 degrees awarded), Education (216 degrees), Parks, Recreation, & Leisure (33 degrees), Philosophy and Religious Studies (6 degrees), and Business (257 degrees) (as of 2024).

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Highest Paying Jobs by Major

Magnetic resonance imaging technologists
Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Olivet Nazarene University are Magnetic resonance imaging technologists, Surgeons, Cardiovascular technologists and technicians, Economists, and Securities, commodities, & financial services sales agents

The most specialized majors at Olivet Nazarene University are Theology (30 degrees awarded), Education (216 degrees), Parks, Recreation, & Leisure (33 degrees), Philosophy and Religious Studies (6 degrees), and Business (257 degrees) (as of 2024).

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Common Industries by Major

Elementary & secondary schools
Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Olivet Nazarene University are Elementary & secondary schools (3,181,400 people), Computer Systems Design (614,998 people), Colleges, universities & professional schools, including junior colleges (595,618 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (496,340 people), and Banking & related activities (473,621 people).

The most specialized majors at Olivet Nazarene University are Theology (30 degrees awarded), Education (216 degrees), Parks, Recreation, & Leisure (33 degrees), Philosophy and Religious Studies (6 degrees), and Business (257 degrees) (as of 2024).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Olivet Nazarene University.
Most Common (2024)
  1. Registered Nursing
    69 degrees awarded
  2. General Business Administration & Management
    52 degrees awarded
  3. General Engineering
    36 degrees awarded

In 2024, the most common bachelors degree concentration at Olivet Nazarene University was Registered Nursing with 69 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Olivet Nazarene University according to their major.

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Sex Breakdown for Common Majors

335
Degrees Awarded to Men
in 2024
660
Degrees Awarded to Women
in 2024

In 2024, 335 degrees were awarded to men at Olivet Nazarene University, which is 0.508 times less than the number of degrees awarded to females (660).

This chart displays the sex disparity between the top 5 majors at Olivet Nazarene University by degrees awarded.

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Most Common Male Majors

In 2024, 87 degrees were awarded to men at Olivet Nazarene University in General Business Administration & Management, which is 1.02 times more than the 85 female recipients with that same degree.

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Most Common Female Majors

In 2024, 85 degrees were awarded to men at Olivet Nazarene University in General Business Administration & Management, which is 0.977 times less than the 87 male recipients with that same degree.

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Time to Complete

57%
100% Completion Time
67%
150% Completion Time

In 2024, 57% of students graduating from Olivet Nazarene University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 67% completed their degrees within 150% of the normal time, and 67% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)
  1. White
    711 degrees awarded
  2. Hispanic or Latino
    102 degrees awarded
  3. Black or African American
    74 degrees awarded

The most common race/ethnicity at Olivet Nazarene University is white (711 degrees awarded). There were 6.97 times more white recipients than the next closest race/ethnicity group, hispanic or latino (102 degrees).

2.61% of degree recipients (26 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2024)
  1. White Female
    473 degrees awarded
  2. White Male
    238 degrees awarded
  3. Hispanic or Latino Female
    73 degrees awarded

The most common race/ethnicity and sex grouping at Olivet Nazarene University is white female (473 degrees awarded). There were 1.99 times more white female recipients than the next closest race/ethnicity group, white male (238 degrees).

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Operations

Olivet Nazarene University has an endowment valued at nearly $68.6M, as of the end of the 2024 fiscal year. The return on its endowment was of 13.2M (19.2%) compared to the 9.96% average return (5.41M on 54.3M) across all Masters Colleges and Universities.

In 2024, Olivet Nazarene University had a total salary expenditure of 85.5M. Olivet Nazarene University employs 49 Professors, 33 Associate professors and 28 Assistant professors. Most academics at Olivet Nazarene University are Male Professor (33), Female Associate professor (17), and Female Professor (16).

The most common positions for non-instructional staff at Olivet Nazarene University are: Management, with 69 employees, Office and Administrative Support, with 60 employees, and Computer, Engineering, and Science with 43 employees.

Endowment

$68.6M
2024 Endowment
16.8%
growth from 2023

Olivet Nazarene University has an endowment valued at about $68.6M, as of the end of the 2024 fiscal year. The endowment of Olivet Nazarene University grew 16.8% from the previous year. The value of their endowment was $14.3M higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Olivet Nazarene University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Larger Programs Carnegie Classification grouping.

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Salary Expenditure

$32M
2024 Salaries
0%
growth from 2023

In 2024, Olivet Nazarene University paid a median of $32M in salaries, which represents 37.4% of their overall expenditure ($85.5M) and a 0% growth from the previous year.

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Instructional Salaries

$7.72M
Instructional Salaries
111
Number of Employees

In 2024, Olivet Nazarene University paid a total of $7.72M to 111 employees working as instructors, which represents 24.1% of all salaries paid.

This is compared to a median of $1.15M (2.91%) for similar Masters Colleges and Universities.

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Occupations by Share

In 2024, the most common positions for non-instructional staff at Olivet Nazarene University were Management with 69 employees, Office and Administrative Support with 60 employees, and Computer, Engineering, and Science with 43 employees.

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