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Millikin University

Decatur, IL · Private Nonprofit

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54.0%
Acceptance
1040
SAT
$51,802
Sticker Price
$7,953
Net Price*
$51,262
Earnings
2 yrs
Payback
4,009
Applicants

*Net price for families earning $48k–$75k. See all income brackets →

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What is Millikin University's acceptance rate?

Down 7.2 percentage points since 2018

With a 54.0% acceptance rate, Millikin University is considered moderately selective. The school has become increasingly competitive over the past five years. Applicants should focus on demonstrating strong academics, meaningful extracurriculars, and authentic personal essays to stand out in the applicant pool.

How many students apply to Millikin University?

Millikin University received 4,009 applications in 2023, down 11% since 2018. High application volume means admissions officers spend limited time per application—typically 8-15 minutes. Make every word count in your essays and ensure your application materials are error-free.

Applications
Admitted

How many admitted students enroll?

The yield rate of 15% is typical for a school of this caliber. Yield rate measures how many admitted students actually enroll—a key indicator of how desirable students find the school. Demonstrating genuine interest through campus visits, attending info sessions, and writing specific "Why Us" essays can improve your chances.

What are the most popular majors at Millikin University?

Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing leads as the most popular major at Millikin University. Your intended major can affect admission chances—some programs are more competitive than others. Research department-specific requirements, faculty research, and career outcomes when choosing your major. Consider how your academic interests align with the school's strengths.

How have majors changed over time?

Degrees awarded by major, 2015-2023

How has tuition changed at Millikin University?

Tuition has increased by 39% since 2015. Total cost of attendance (including fees and room & board) has grown 39% from $37,332 to $51,802.

Tuition Total Cost

How much do Millikin University graduates earn by major?

Graduates in Management Information Systems and Services earn among the highest salaries, with median earnings of $58,402 within two years of graduation. Earnings vary significantly by major—STEM and business fields typically offer higher starting salaries, while humanities and arts may have different career trajectories. Consider both passion and practical outcomes when choosing your field of study.

Management Information Systems... $58,402
$8,056 $113,585
Registered Nursing, Nursing Ad... $56,521
$8,056 $113,585
Accounting and Related Service... $52,607
$8,056 $113,585
Marketing $50,439
$8,056 $113,585
Business Administration, Manag... $41,193
$8,056 $113,585
Teacher Education and Professi... $39,369
$8,056 $113,585
Teacher Education and Professi... $34,908
$8,056 $113,585
Communication and Media Studie... $33,459
$8,056 $113,585
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Millikin University Admissions Statistics (2018-2023)

Each row shows the admissions cycle for that academic year. Applicants is the total number of students who applied for freshman admission. Admitted shows how many received acceptance letters. Rate is the acceptance rate (admitted ÷ applicants) — lower percentages indicate more selective schools. Yield measures the percentage of admitted students who actually enrolled — a high yield (above 50%) suggests the school is a top choice for admitted students, while lower yields indicate students often choose other options. SAT shows the 25th-75th percentile range, meaning the middle 50% of enrolled students scored within this range. Data is sourced from IPEDS, the federal database where all US colleges report annually.

Year Applicants Admitted Rate Yield
2023 4,009 2,167 54.0% 15.2%
2022 2,902 2,188 75.4% 16.5%
2021 3,049 2,281 74.8% 17.9%
2020 3,071 2,185 71.2% 17.7%
2019 3,531 2,516 71.3% 19.4%
2018 4,512 2,764 61.3% 16.9%
2017 3,431 2,216 64.6% 21.4%
2016 3,608 2,302 63.8% 19.5%
2015 3,540 2,124 60.0% 19.8%

Is Millikin University worth it?

Calculate your personal ROI

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Earnings & ROI Range (10yr)
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Estimates based on College Scorecard averages. Use official calculator →

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What do Millikin University graduates earn?

Median Earnings (10 years)
$51,262
Earnings Range (10th - 90th percentile)
$15,000 $51,262 median $81,900

Earnings vary widely: the bottom 10% earn $15,000 while the top 10% earn $81,900. Your outcome depends heavily on major, career path, and individual circumstances.

Median Earnings (6 years)
$43,100
Median Debt
$27,000
6-Year Graduation Rate
59.1%

How much does Millikin University cost?

The total cost of attendance at Millikin University is approximately $51,802 per year. Remember: sticker price rarely equals actual cost. Most students receive financial aid, and net price varies significantly by family income. Use the school's Net Price Calculator for a personalized estimate before ruling out any option based on cost alone.

Tuition
$38,800
Fees
$792
Room & Board
$12,210
Total Cost of Attendance
$51,802

What You'll Actually Pay

Net price represents what families actually pay after grants and scholarships. The figures above are averages—your actual cost depends on family income, assets, and the school's aid policies. Many selective private schools are more affordable than public universities for middle and lower-income families due to generous institutional aid.

$0-30k income $2,842
$30-48k income $5,247
$48-75k income $7,953
$75-110k income $11,190
$110k+ income $14,631

Which majors pay the most?

  • Management Information Systems and Services $58,402
  • Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing $56,521
  • Accounting and Related Services $52,607
  • Marketing $50,439
  • Business Administration, Management and Operations $41,193

Who attends Millikin University?

Millikin University enrolls 1,659 students, with 6% from outside the United States. Women make up 56% of the student body. Campus diversity enriches the educational experience through varied perspectives and backgrounds. Consider how you'll contribute to and benefit from the campus community when crafting your application.

Total Enrollment 1,659
Retention Rate 74%
International 6%
Women 56%
Race/Ethnicity
White 64%
Black 17%
Hispanic 4%
Asian 2%

How much financial aid is available?

93% of students receive some form of financial aid at Millikin University. About 35% receive Pell Grants, indicating support for low-income students. Apply for aid regardless of your family's income level—merit scholarships and institutional grants are available to students at various income levels. Never assume you won't qualify.

Receive Grants 93%
Avg: $29,762 free money/year
Pell Grant Recipients 35%
Federal aid for <$60k income families
Have Federal Loans 61%
Avg: $6,892
School's Own Grants 100%
Avg: $26,625 from school funds

How much do professors earn?

Faculty salaries at Millikin University are near the national average, reflecting the school's investment in attracting and retaining talented professors. Higher faculty compensation often correlates with stronger research programs, better student mentorship, and more resources for academic departments. Look for opportunities to engage with faculty through research, office hours, and smaller seminars.

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