Olivet Nazarene University
Private College in Bourbonnais, IL. Six-year graduation rate 61%. Median 10-year earnings $53,213.
Students who entered Olivet Nazarene University land at a median of $53,213 a decade later, close to what most four-year schools deliver. Six-year completion sits at 61%, near the national average for undergraduate institutions. Median debt at graduation is $25,000, roughly typical for an undergraduate degree.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ 3-year loan default 0.0% — below national benchmark
Admissions
At 56%, the acceptance rate makes Olivet Nazarene University a school worth applying to with alternatives in hand. The applicant pool runs to 5,789, typical for a school of this reach. Yield sits at 25% — the remainder of admitted students enroll elsewhere or not at all. 29% of enrolled first-years submitted an SAT score. The bands below describe the middle half of that group, not of the class.
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 | 490–620 | 233 (29%) |
| SAT Math | 460–600 | |
| ACT Composite | 19–26 | 125 (16%) |
IPEDS Admissions · 2024
Apply at Olivet Nazarene University →Academics
61% graduate within six years — average, but that average still hides a large group who do not. 71% of full-time first-years come back for year two, so about one in three are gone before sophomore year. The 15:1 student-faculty ratio is small enough that seminar-sized classes are the norm. Judge these figures against other institutions of the same type — sector explains more of the variation in completion than any single campus factor. The undergraduate population is 2,571 — big enough for a real range of programs, small enough to navigate.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 2,485 degree- or certificate-seeking undergraduates
Students pay an average of $21,281 annually once grants are applied. Aid is steeply need-based: families in the $0–30k band pay $17,232 while those at $110k+ pay $25,580. Most students get help: 99% receive grants worth $29,585 on average. 65% of students borrow federally, so debt is the norm rather than the exception.
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.
IPEDS Student Financial Aid · 2023-24 · 648 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 | $17,232 |
| $30–48k | $15,056 |
| $48–75k | $18,019 |
| $75–110k | $23,218 |
| $110k+ | $25,580 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 1,626 of these 2,485 students, totalling $10,192,558 — an average of $6,268 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Kankakee County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
VA GI Bill Comparison Tool (Veterans Affairs GIDS)