Olivet Nazarene University

What the IPEDS & College Scorecard Data Shows for Olivet Nazarene University

Olivet Nazarene University operates as a private nonprofit institution located in Bourbonnais, Illinois (suburb: small), with a total reported enrollment of 2,603 students of which 2,739 are undergraduates. Institution-level records in the Integrated Postsecondary Education Data System (IPEDS) classify each school by Carnegie category, ownership sector, and urban/rural locale, which is how this profile’s peer group and cost cohort are determined. Olivet Nazarene University is categorized as “18” under the Carnegie classification system, a meaningful signal when comparing like-to-like institutions.

Selectivity and financial signals give context to what applicants can expect. The reported admission rate is 55.9%, drawn from the most recent IPEDS Fall enrollment survey, with an average SAT of 1,117 and an ACT midpoint of 23. The average net price after grants and scholarships is $20,729, with published in-state tuition of $38,900 and a Pell grant recipient share of 38.0%. Median federal student debt at graduation is $25,000, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. The 4-year completion rate is 60.5%, and the first-year retention rate is 70.8%. Graduates earn a median of $53,213 ten years after enrolling, compared with $49,278 six years post-enrollment. Within three years of entering repayment, 163300.0% of borrowers are making progress on their federal loans, and 66.6% of graduates earn above the high-school threshold. Treating these numbers as a single snapshot alongside the cost cohort is the standard approach for evaluating ROI under the College Scorecard methodology.