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Private College

Methodist College

Private College in Peoria, IL. Six-year graduation rate 20%. Median 10-year earnings $69,800.

Verdict Mixed outcomes
Methodist College · Campus
Median earnings · 10 yr
$69,800
Median debt at grad
$31,250
Graduation rate
20%
Federal loan default
0%

A decade after enrolling, the median Methodist College student earns $69,800 — comfortably above what the typical bachelor's-granting institution returns. The six-year graduation rate is 20% — low enough that finishing cannot be treated as the default outcome. Graduates leave owing a median of $31,250 — a substantial load to service on these earnings.

Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.

Green Flags
  • ✓ 3-year loan default 0.0% — below national benchmark
Red Flags
  • ! Graduation rate 20% — below national average

Admissions

Acceptance rate
39%
Applicants
18
Yield rate
57.1%

Methodist College admits 39% of applicants and is genuinely selective — roughly three in five applicants are turned away. The applicant pool is small at 18, which makes year-over-year comparisons unreliable. 57% of admitted students actually enroll, which is a high yield by national standards.

Test score bands (middle 50% of submitters)

These bands describe the enrolled first-years who submitted a score, not the entering class. Where most students apply test-optional the submitters are a self-selected, higher-scoring group.

Test 25th–75th percentile Submitted
SAT Evidence-Based Reading — 2 (50%)
SAT Math —
ACT Composite — —

IPEDS Admissions · 2024

Apply at Methodist College →

Academics

Full-time retention
—
Transfer-out rate
40%
Student:faculty
5:1

Only 20% finish within six years, so roughly four in five students leave without the credential. The 40% transfer-out rate is high enough that a large share of this school's students are really passing through. At 5:1, students get materially more instructor contact than at a typical public university. As a private nonprofit four-year college, the relevant comparison is other four-year schools rather than the national average across all institutions. At 374 undergraduates, expect a small, closely-held student body.

Financial Aid

Average net price
$41,787
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
69%
degree- or certificate-seeking undergraduates
% receiving federal loans
82%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 374 degree- or certificate-seeking undergraduates

Students pay $41,787 a year on average after aid, a premium price that the earnings data has to justify. Net price swings hard on family income here, from $14,867 at the $0–30k band to $41,787 at $75–110k. Grant aid reaches 69% of students at an average of $10,726. Most students borrow — 82% take federal loans to cover the gap.

Entering first-year students

A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.

% receiving grants
100%
Average grant
$5,087

IPEDS Student Financial Aid · 2023-24 · 1 students

Net price by family income

The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.

Family income band Average net price
$0–30k $14,867
$30–48k —
$48–75k —
$75–110k $41,787
$110k+ —

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 305 of these 374 students, totalling $3,182,162 — an average of $10,433 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

Typical rents near campus (Peoria County) — budget these against any cost-of-attendance housing estimate.

Studio
$758/mo
1 bedroom
$818/mo
2 bedroom (whole unit)
$1,039/mo

HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026

Veterans & GI Bill

GI Bill students
9
Yellow Ribbon
No
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Methodist College with peer institutions

How we evaluate Methodist College

IPEDS
US Department of Education
College Scorecard
Post-grad earnings
Census PSEO
Earnings by major
Opportunity Insights
Mobility by institution
Read our full methodology →