About Millikin University
The financial picture looks surprisingly manageable for a private university. Students pay an average net price of $8,837 after aid, making this education accessible despite the $43,670 sticker price. Graduates earn a median of $51,262 ten years after graduation, while carrying typical debt loads of $27,000. The math works in students' favor, with monthly loan payments averaging $286 against solid earning potential.
Millikin operates as a Division III athletic program with 22 varsity sports engaging 457 student-athletes. The 59.1% six-year graduation rate reflects the challenge many small liberal arts colleges face with retention. However, 97.2% of graduates find employment, and the school's performance learning approach gives students real-world experience before they graduate.
Academics & Faculty
Source: College Scorecard / U.S. Department of Education
- Student-to-Faculty Ratio
- 10:1
- Full-Time Faculty
- 71.3%
- Graduation Rate (4-year)
- 58.5%
- Graduation Rate (6-year)
- 59.1%
- Retention Rate
- 73.8%
- Median Earnings (10 years)
- $51,262
- Carnegie Classification
- Baccalaureate College
Popular Programs by Earnings
| Program | Level | Median Earnings |
|---|---|---|
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Master | $197,436 |
| Business Administration, Management and Operations. | Master | $77,715 |
| Management Information Systems and Services. | Bachelor | $58,402 |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Bachelor | $56,521 |
| Accounting and Related Services. | Bachelor | $52,607 |
| Marketing. | Bachelor | $50,439 |
| Business Administration, Management and Operations. | Bachelor | $41,193 |
| Teacher Education and Professional Development, Specific Subject Areas. | Bachelor | $39,369 |
| Teacher Education and Professional Development, Specific Levels and Methods. | Bachelor | $34,908 |
| Communication and Media Studies. | Bachelor | $33,459 |
Campus Life
Weekends often center around the performing arts scene that defines campus culture. Students pack Kirkland Fine Arts Center for theater productions and concerts, reflecting Millikin's strong reputation in music and drama. The Big Blue compete in 22 NCAA Division III sports with 457 total athletes, creating school spirit without athletic scholarships. Greek life provides social opportunities, while the historic campus offers quiet study spots between red-brick buildings. Students frequently drive to Springfield or make weekend trips to Chicago when they need bigger-city entertainment. The 73.76% retention rate suggests most students settle comfortably into this close-knit community where professors know your name and creative expression thrives.
- Setting
- City-Small
- Housing Capacity
- 833 beds
- Calendar System
- Semester
- Study Abroad
- Available
- Founded
- 1901
Campus Safety (2023)
8 total reported incidents. Source: Clery Act / U.S. Department of Education
| Offense | On Campus | Residential | Noncampus | Public Property |
|---|---|---|---|---|
| Motor Vehicle Theft | 5 | 0 | 0 | 0 |
| Dating Violence | 2 | 1 | 0 | 0 |
Climate & Weather
- January Avg
- 19°–36°F
- July Avg
- 65°–87°F
- Annual Precipitation
- 40.3"
- Annual Snowfall
- 16.0"
Student Demographics
- Men
- 45.5%
- Women
- 54.5%
- White
- 66.5%
- Black
- 18.1%
- Hispanic
- 4.7%
- Asian
- 1.9%
- In-State Students
- 68.2%
- Pell Grant Recipients
- 34.7%
Location
- Address
- Decatur, Illinois 62522-2084
After College
Source: College Scorecard / U.S. Department of Education
- Median Earnings (10 years)
- $51,262
- Median Earnings (5 years)
- $51,792
- Mean Earnings (6 years after entry)
- $34,900
- Loan Repayment Rate
- 64.2%
- Monthly Loan Payment
- $286/mo
- Median Debt at Graduation
- $27,000
Frequently Asked Questions
What is the acceptance rate at Millikin University?
Millikin University accepts 75.40% of applicants, making it moderately selective for a private liberal arts school. The average SAT score is 1065, with middle 50% scores ranging from 930 to 1200.
How much does Millikin University cost after financial aid?
The average net price at Millikin is $8,837, lower than the sticker price of $41,222 total cost of attendance. About 35% of students receive Pell Grants, and the school provides substantial institutional aid averaging $30,528 for recipients.
What is the student-faculty ratio at Millikin University?
Millikin maintains a 10:1 student-faculty ratio with total enrollment of 1,458 students. This small liberal arts environment emphasizes personalized education and close mentoring relationships between professors and students.
What are the career outcomes for Millikin University graduates?
Millikin graduates earn a median salary of $51,262 ten years after graduation with a 97.2% employment rate. The school has a 59.1% six-year graduation rate and graduates carry a median debt load of $27,000.
Where is Millikin University located and what is campus life like?
Millikin sits in Decatur, Illinois, a small city setting with on-campus housing for 833 students. The Big Blue compete in 22 NCAA Division III sports with 457 total student-athletes participating across all programs.
What is Millikin University known for academically?
Millikin has built a strong reputation for its performing arts programs since its founding in 1901. The university's emphasis on experiential learning and small class sizes has produced notable alumni including former First Lady Nancy Reagan and actor Dennis Haskins.