Tuition, Cost & Aid
Affordability and Cost
Average Net Price
Average net price for full-time, first-time degree/certificate-seeking undergraduates paying the in-state or in-district tuition rate who were awarded grant or scholarship aid from federal, state or local governments, or the institution. Other sources of grant aid are excluded. Aid awarded anytime during the full aid year is included.
Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
$19,948
Average Net Price By Family Income
Tuition
In-State Tuition In-state tuition is the tuition charged by institutions to those students who meet the state's or institution's residency requirements. In-district tuition is the tuition charged by the institution to those students residing in the locality in which they attend school and may be a lower rate than in-state tuition if offered by the institution. |
$41,532
|
Out-of-State Tuition Out-of-state tuition is the tuition charged by institutions to those students who do not meet the state's or institution's residency requirements. Out-of-district tuition is the tuition charged by the institution to those students not residing in the locality in which they attend school. |
$41,532
|
Additional Costs
Room and Board
The weighted average for room and board and other expenses is generated as follows:
|
$12,836
|
Books and Supplies |
$1,000
|
Tuition Payment Plan |
Yes
|
Financial Aid:
visit page
Financial Aid Email:
[email protected]
Aid & Grants
0
100
87%
Need Met
Students Receiving Gift Aid
Percent of undergraduate students awarded federal gift aid. Federal gift aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
Students Receiving Grants
Percent of undergraduate students awarded grant aid. Grant aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
Students receiving state aid
Students receiving federal aid
36%
Average Aid Per Year
$29,450
36%
Average Federal Grant Aid Per Year
$4,872
Average Institution Grant Aid Per Year
$26,097
32%
Average State Grant Aid Per Year
$4,763
37%
Average Federal Grant Aid Per Year
$4,872
Average Grant & Scholarship By Family Income
Total Needs Based Scholarships/Grants
Total amount of grant or scholarship aid awarded to all undergraduates from the federal government, state/local government, the institution, and other sources known to the institution.
$14,214,654
Total Non-Need-Based Scholarships/Grants
$31,763,465
Student Loans
Students Borrowing Loans
Loans to students - Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally- and privately-sponsored loans. Does not include PLUS and other loans made directly to parents.
70%
Average Loan Amount Per Year
$7,050
Students receiving federal loans
69%
Average Federal Loans Per Year
$5,505
Average Other Loans Per Year
$10,832
Average Debt at Graduation
The median federal debt of undergraduate borrowers who graduated. This figure includes only federal loans; it excludes private student loans and Parent PLUS loans.
$20,000
Loan Default Rate
6%
US National: 7%
Median Monthly Loan Payment
The median monthly loan payment for student borrowers who completed, if it were repaid over 10 years at a 5.05% interest rate.
$258
What Students Are Saying
In terms of education, I feel I am getting what I am paying for. Room and board is extremely expensive, and, although I have a nice-sized room for one person, there is some updating that could happen. I also feel the meal plan is too limiting, especially for the cost. We are paying upwards of $1,000 for the meal plan, yet there are only two places on campus that accept it, and one of them only accepts the meal exchange during a certain time period.
Kristin from Springfield, IL
With the small faculty-to-student ratio, it's so easy to get one-on-one help from teachers (one prefers to go by the nickname T-Dunk!). A traditional school will teach you formulaic answers, but at Millikin, you learn how to be a quick, analytical thinker...something all employers are looking for! However, it can get pretty pricey. If FAFSA screws you over and you don't receive a lot of financial aid, you might end up having a lot of loans upon graduation. If you're not going there for theater, music, nursing, or teaching, I'm not sure it's really worth it...
Hilary from Des Plaines, IL
Of course college is going to be expensive, but this was definitely one of my better options. With good grades, a merit scholarship can help drastically and over all, it's pretty decent as far as price goes.
Meghan from Geneva, IL
It is rather expensive being a private school and all, and the nursing program is a bit more costly; however, everything is much nicer here than at Eastern Illinois University (where I attended college my freshman year).
Amber from Windsor, IL
The education is really worth the tuition. However the room and board can get pretty pricey. Also, the meal plans for freshman is an extremely high amount that most people never use each week, leaving them with wasted meal plans. Millikin does pretty well with handing out scholarships to worthy students.
Anna from Louisville, KY
At Millikin I feel that I am getting a high quality education that is preparing me to be competitive and well qualified within my chosen careerfield. I have professors and advisors that I feel comfortable turning to with any acedmic or career concerns. I get the one on one help that I need and personal feedback on what I have mastered and how I can improve further. Although Millikin's pricetag may initially seem intimidating the university has a strong financial aid support program to help students find scholarships through the university and make good financial plans.
Tiffaney from North Las Vegas, NV
While Millikin is expensive, it is well worth the price. You will get the education that you are paying for, and the dorms are taken care of quite well. The food gets a little boring after a while, but it is still prepared well and tastes good. Millikin is worth going to for the education, the experience, and the friends you'll make.
Nicole from Gilman, IL
You are getting a very personalized education here, as well as many great opportunities for success in the professional world. Millikin also offers plenty of scholarships and financial aid to soften the blow.
Brandon from Round Lake, IL
It is a private college, so tuition is more than a state affiliated college. You definitely get more bang for your buck!
Bryant from Forsyth, IL
Quality education for a reasonable cost--most students receive a good amount of financial aid.
Anon. from the South Suburbs