Millikin University

Millikin University is a moderately selective private nonprofit university in Decatur, Illinois. It admits most applicants, graduates 55% of its students within six years, and its former students earn a median $51,262 ten years after starting college, more than 20% of the Illinois colleges we cover.

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Acceptance rate
67%

More selective than 67% of Illinois colleges we cover.

College Scorecard, Fall 2024 entering class

What your family pays
$21,989 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $57,475. College Scorecard.

Graduation rate
55%

Higher than 37% of Illinois colleges we cover and 52% of colleges nationwide. U.S. median 54%.

Within 6 years · College Scorecard

Earnings after college
$51,262

Higher than 20% of Illinois colleges we cover and 44% of colleges nationwide. U.S. median $53,263.

Median, 10 years after starting · College Scorecard

Millikin University acceptance rate & admissions

Of 4,009 applicants, Millikin University admitted 2,167 and 329 enrolled (IPEDS, Fall 2023 entering class). The middle half of enrolled first-year students scored 860–1130 on the SAT or 18–25 on the ACT.

4,009
Applied
2,167
Admitted
329
Enrolled

IPEDS Admissions, Fall 2023 entering class

SAT total, middle 50% of first-years860–1130
ACT composite, middle 50% of first-years18–25
First-years who sent SAT scores26%
First-year students who return75%
Pell Grant recipients38%
First-generation students32%
Women / men54% / 46%

Test scores: College Scorecard, Fall 2024. Other figures: College Scorecard; IPEDS

Millikin University tuition, cost & net price

What families actually pay per year, by income

Average net price after grants and scholarships for students who receive federal aid. Tap your income band.

College Scorecard, latest reported year (federal aid recipients)

Sticker price (before aid)

Tuition & fees$26,892
Housing & meals, on campus$13,330
Books & supplies$1,000
Total cost of attendance$57,475

IPEDS 2023-24 cost items; total from College Scorecard

Median debt at graduation$19,000
Loan default rate5.6%3-year rate, 2017 repayment cohort

College Scorecard; Urban Institute Education Data Portal

Full cost breakdown, in-state vs out-of-state →

What Millikin University costs to finish, and how fast it pays back

Graduates of Millikin University took 4.2 years on average to finish, so the yearly price adds up to the total below. Payback compares former students' earnings with what high school graduates earn in Illinois. The figures follow your residency and income choices above.

Family incomeNet price / yrCost to finishYears to pay back
$0–30k$18,659$78,3685.1 years
$30–48k$15,629$65,6424.2 years
$48–75k$23,053$96,8236.3 years
$75–110k$24,622$103,4126.7 years
$110k+$27,524$115,6017.5 years

Cost to finish = yearly price × 4.2 years, the average time graduates took (49% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of former students 10 years after starting ($51,262) minus $35,797 for high school graduates ages 25-34 in IL (Census ACS 2020-2024), a gain of $15,465 a year. Before taxes, loan interest and earnings given up while in school. Method

College Scorecard (net price, earnings); IPEDS Graduation Rates (time to finish); U.S. Census Bureau ACS (high school earnings). Calculated by EducationGuide.

Best-value colleges in Illinois for your income →

Millikin University majors, earnings & careers

Millikin University offers 45 bachelor's majors across 10 areas. Earnings below are for this school's graduates of each major, four years after finishing.

  • Business & Finance · 8
  • Arts & Design · 6
  • Humanities & Languages · 6
  • Health & Medicine · 5
  • Science & Math · 5
  • Social Sciences & Public Service · 5
  • Education · 4
  • Technology & Computing · 3
  • Communications & Media · 2
  • Engineering · 1

Highest-earning majors at Millikin University

MajorEarnings, 4 yrsMedian debt
Nursing$82,200$27,000
Business Administration$71,489$27,000
Marketing$71,399—
Management Information Systems$70,837—
Biology$64,834$20,631
Accounting$60,804$28,320
Education (Subject Teaching)$52,910$27,000
Social Work$52,870$27,000
Quick list of all 45 majors
  • Accounting$60,804
  • Allied Health (Imaging / Therapy / Tech)—
  • Arts and Entertainment Management—
  • Biology$64,834
  • Broadcasting / Digital Media—
  • Business / Corporate Communications—
  • Business Administration$71,489
  • Chemistry—
  • Communications$45,444
  • Computational Science—
  • Computer Science—
  • Criminal Justice—
  • Education (Elementary / Secondary)$45,797
  • Education (Subject Teaching)$52,910
  • Educational Administration and Supervision—
  • Engineering Science—
  • English—
  • Entrepreneurship—
  • Environmental Science / Conservation—
  • Finance—
  • Graphic / Interior / Fashion Design—
  • Health Sciences—
  • History—
  • Information Technology—
  • International Business—
  • Kinesiology / Exercise Science$48,665
  • Management Information Systems$70,837
  • Marketing$71,399
  • Mathematics—
  • Multi / Interdisciplinary Studies, Other—
  • Music$43,388
  • Nursing$82,200
  • Philosophy—
  • Physics—
  • Political Science—
  • Psychology—
  • Rehabilitation / Therapy Sciences—
  • Social Work$52,870
  • Sociology—
  • Spanish / French / Romance Languages—
  • Special Education—
  • Studio Art—
  • Theatre$38,666
  • Visual and Performing Arts, Other$43,858
  • Writing—

— means too few graduates to report earnings.

College Scorecard field of study, latest release

All majors by area with earnings 1 and 4 years out, and debt →

Business Administration → Management analyst

$103,690
Decatur
$104,270
Illinois
$101,860
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 10.1% from 2025 to 2035.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35

Nursing → Registered nurse

$87,170
Decatur
$95,990
Illinois
$97,550
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 5.6% from 2025 to 2035.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35

Living in Decatur

Cost of living
12% below the U.S. average

Overall prices in the Decatur, IL area.

BEA Regional Price Parities, 2024

Off-campus rent, 1 bedroom
$857/mo

2 bedrooms $1,091. Housing costs 44% below the U.S. average.

HUD Fair Market Rent, FY2027

Weather
34° / 85°

January and July average highs. 40 inches of rain a year, 14 inches of snow.

NOAA Climate Normals 1991-2020

Natural hazard risk
Relatively Moderate

No hazard rated high.

FEMA National Risk Index, Macon County

Campus & students

Total enrollment (incl. graduate)1,659
First-year students from Illinois74%
Next most common home statesMissouri, Indiana, Tennessee
AthleticsNCAA Division III with football · 14 sports
Undergraduate degrees awarded, 2023-2498% bachelor's · 2% certificates
Campus typePrimarily residential
Student bodyWhite 67% · Black 18% · Hispanic 4% · Two or more 3%International 3%

IPEDS fall enrollment; Carnegie Classification; EADA via Urban Institute

Macon County at a glance

Population101,849
Median household income$62,666
Adults with a bachelor's degree24%
Median age41

U.S. Census Bureau, ACS 5-year 2024

Compare Millikin University with similar schools

Similar private colleges in Illinois by selectivity, graduation rate and size. Tap “Why?” to see where the price difference comes from.

SchoolAcceptanceYou'd payGraduationEarnings, 10 yrsPrice gap
Millikin University67%$21,98955%$51,262This school
North Park University69%$16,94858%$59,572
McKendree University72%$24,71753%$58,572
University of St Francis65%$13,00667%$63,926
Blackburn College63%$18,46057%$46,802

College Scorecard, latest reported year. “You'd pay” follows your residency and income choices above.

Why the price is different

Millikin University would cost you $5,041 more per year than North Park University, on average.

  • Higher sticker price at Millikin University, mostly from more North Park University students living at home, which lowers its average (+$20,966).
  • Millikin University gives aided families $8,262 more in grants, on average.
Per year, Illinois residentMillikin UniversityNorth Park UniversityDifference
Tuition & fees$26,892$36,710−$9,818
Books & supplies$1,000$1,000$0
Housing & meals$13,330$10,775+$2,555
Personal & travel$2,100$2,500−$400
Living-at-home adjustment+$14,153−$6,813+$20,966
Sticker price$57,475$44,172+$13,303
Average grants−$35,486−$27,224−$8,262
You pay$21,989$16,948+$5,041

“+” means Millikin University costs more; “−” means it costs less. Grants are the sticker price minus the net price. Cost items: IPEDS, on-campus budget. Sticker and net price: College Scorecard, latest reported year; the adjustment reconciles the two. Net price is an average for first-time, full-time students receiving federal aid, not a quote.

Common questions about Millikin University

What is the Millikin University acceptance rate?

Millikin University accepts 67% of applicants (College Scorecard). In the latest IPEDS admissions year, 2,167 of 4,009 applicants were admitted. The middle half of enrolled first-year students scored 860–1130 on the SAT or 18–25 on the ACT.

How much does Millikin University cost per year?

The sticker price (cost of attendance) is $57,475 a year. After grants and scholarships, students receiving federal aid pay $21,989 a year on average; families earning $0–30k pay $18,659 and families earning $110k+ pay $27,524.

How much do Millikin University graduates earn?

Former Millikin University students earn a median $51,262 ten years after starting college, compared with a U.S. median of $53,263 across the colleges we cover.

What is the Millikin University graduation rate?

55% of first-time, full-time students graduate within six years, and 75% return for their second year.

How long does a Millikin University degree take to pay off?

For a family earning $48–75k, finishing at Millikin University costs about $96,823 after grants ($23,053 a year for 4.2 years, the average time graduates took). Former students earn a median $51,262 ten years after starting, $15,465 more than high school graduates in Illinois ($35,797), so the cost is repaid in 6.3 years of that gain, before taxes and interest (EducationGuide calculation).

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Sources on this page: U.S. Department of Education College Scorecard and IPEDS; U.S. Census Bureau (ACS); Bureau of Labor Statistics (OEWS, Employment Projections); Bureau of Economic Analysis; HUD; NOAA; FEMA; Urban Institute Education Data Portal (ODC-By); Wikidata. “Colleges we cover” means colleges awarding bachelor's degrees to at least 100 undergraduates. Averages are not quotes; confirm costs with the school. How we score
Data: download this school's data (JSON) · Markdown · all datasets
Cite this: “Millikin University: cost, admissions and outcomes,” EducationGuide.com, https://educationguide.com/colleges/millikin-university (College Scorecard and IPEDS data).