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University of Evansville

Evansville, IN — Private Nonprofit

Value Score: 30/100

Tuition (In-State): $44,172 | Out-of-State: $44,172

Acceptance Rate: 77.6% | Graduation Rate: 67.7%

Median Earnings (10yr): $53,770 | Median Debt: $24,606

Student Body Size: 1,539

University of Evansville: Moderate Graduation Rate, Below Average Financial ROI

Report Card: Overall Grade D+

University of Evansville receives an overall grade of D+ based on six dimensions:

College Analysis

The University of Evansville, a small private nonprofit institution, presents a mixed picture regarding its academic offerings and student outcomes. While it boasts a respectable graduation rate of 67.7%, its admission rate of 77.6% suggests a less selective environment. The median earnings for graduates 10 years after entry stand at $53,770, which, when compared to the median debt of $24,606 at graduation, results in a negative ROI score of -70, indicating that the financial return on investment is currently unfavorable. The affordability score of 35 further underscores concerns about the cost relative to potential earnings. The student experience at Evansville is shaped by its small size and a predominantly white student body (72.5%), with smaller percentages of Black (4.6%), Hispanic (6.2%), and Asian (3.0%) students.

The Verdict: Is University of Evansville Worth It?

The University of Evansville presents a complex value proposition. With an out-of-state tuition of $44,172 and a median 10-year earning potential of $53,770, the immediate return on investment appears modest, especially considering the median debt of $24,606. The ROI score of -70 further highlights a potential financial strain. To illustrate, if a graduate earns the median salary and dedicates 15% of their income towards debt repayment (a common benchmark), it would take approximately 4-5 years to pay off the median debt, assuming no interest accrues and no other expenses. However, this calculation doesn't account for potential salary growth or the value of a private education's smaller class sizes and personalized attention. For students who leverage UE's strong programs, secure high-paying internships, and enter in-demand fields, the financial outcome can be significantly better. For those seeking purely a high financial ROI, other institutions might offer a more direct path. UE is not a clear 'good deal' nor is it 'overpriced' for everyone; it's a potentially solid investment for students who are strategic about their major choice and career path, and who can secure financial aid. A clear recommendation hinges on individual career aspirations and financial planning.

Return on Investment

With median 10-year earnings of $53,770 and median debt of $24,606, the University of Evansville shows a negative ROI, suggesting the degree may not be financially worth the cost based on current data.

Debt Reality Check

Median student debt at University of Evansville: $24,606. Monthly payment on a standard 10-year plan: $279/month. Total repaid: $33,480 ($8,874 in interest).

Breakeven vs high school diploma: 1 years. Debt burden: Manageable. Salary needed for comfortable repayment: $33,480.

Strengths

Weaknesses

Academic Profile

UE prides itself on providing a personalized academic experience, a hallmark of its private, liberal arts-focused identity. While the university offers a range of programs, its strengths lie in areas like Engineering, Business, and Health Sciences. The College of Engineering and Computer Science is particularly well-regarded, offering hands-on learning opportunities and strong industry connections. The School of Business offers specialized tracks, and the College of Education and Health Sciences is known for its robust nursing and physical therapy programs. With a student-faculty ratio that is likely quite low given the small student population, students can expect direct interaction with professors. While faculty salary data isn't provided, the emphasis on undergraduate teaching at institutions like UE typically means faculty are accessible and invested in student success. Research opportunities are available, especially for students in STEM fields, often involving faculty mentorship. The Honors Program offers a challenging curriculum and enriched experiences for high-achieving students, including priority registration and unique research projects. UE also has a strong commitment to global learning, with numerous study abroad programs, including its own campus in Northern Ireland, a unique offering that provides an immersive international experience. Academic support is readily available through the Center for Academic Success, offering tutoring, academic advising, and resources for students needing extra help.

Financial Aid Guide for University of Evansville

The University of Evansville offers a blend of merit-based and need-based financial aid to make its private education more accessible. Given the sticker price of $44,172, most students will rely on some form of aid. Merit scholarships are a significant component, often awarded automatically based on academic achievement (GPA and test scores, though these are not provided here). These can range from a few thousand dollars to covering a substantial portion of tuition. For instance, top academic scholarships might approach $20,000-$25,000 annually. Need-based aid, determined by the FAFSA, is also crucial. Families with incomes below $75,000 might see a significant portion of their demonstrated need met through a combination of grants, scholarships, and federal loans. Work-study opportunities are available, providing part-time jobs on campus for students who qualify, typically offering around $2,000-$3,000 per academic year. Typical aid packages for students from middle-income families (e.g., $75,000-$120,000) might include $15,000-$25,000 in merit aid, supplemented by federal loans. Students from lower-income backgrounds could receive upwards of $30,000-$35,000 in grants and scholarships. Scholarship tips include applying early, exploring departmental scholarships, and looking for external scholarships. Negotiating aid at UE is possible, especially if you have competing offers from similarly ranked institutions, but it's generally more effective for merit aid than need-based grants.

Hidden Costs at University of Evansville

Alumni Outcomes & Career Paths

Graduates from the University of Evansville (UE) enter a diverse job market, with many finding opportunities within the Midwest. While specific major employer lists are not publicly detailed, common recruiting grounds often include regional healthcare systems like Deaconess and Ascension St. Vincent, manufacturing firms such as Toyota Motor Manufacturing Indiana and SABIC, and financial institutions like Old National Bank. Alumni tend to cluster in industries that align with UE's strong programs, including healthcare (nursing, physical therapy), engineering (mechanical, electrical), business (finance, marketing), and education. The university emphasizes experiential learning, with robust internship pipelines facilitated by its Career Services. These services actively connect students with local and regional businesses, providing hands-on experience that often leads to full-time offers. Geographic hiring patterns show a strong pull towards Evansville and surrounding Indiana communities, but also extend to larger Midwestern cities like Indianapolis, Louisville, and St. Louis. Graduate school placement rates are generally strong, particularly for students pursuing advanced degrees in health sciences and some STEM fields, though specific percentages vary by program. Notable alumni include figures like former NBA player and coach Jerry Sloan, and various leaders in regional business and public service, underscoring the university's impact on its immediate community and beyond.

Campus Life & Culture at University of Evansville

The University of Evansville attracts a student body that values a personalized, engaged learning environment. While the majority of students are from Indiana, there's a notable representation from other states and a growing international student population, contributing to a diverse campus perspective. Students who thrive here are typically proactive, community-oriented individuals eager to build relationships with faculty and peers and participate actively in campus life.

The University of Evansville (UE) offers a close-knit campus community where personal attention is the norm. With a student body of just over 1,500, you'll quickly recognize faces and build strong relationships. The campus itself is a beautiful, self-contained arboretum, making it a pleasant place to walk between classes. Social life often revolves around campus events, student organizations, and the Greek system, which plays a significant role for many students. UE has four fraternities and four sororities, contributing to a vibrant social calendar with formals, philanthropy events, and mixers. Beyond Greek life, there are over 100 student organizations, ranging from academic clubs and cultural groups to intramural sports and the popular UE Theatre program. The UE Purple Aces compete in NCAA Division I athletics, with basketball being a major draw, filling the Ford Center downtown during games. For housing, most freshmen live on campus in residence halls like Hyde Hall or Powell Hall, with upperclassmen having options for on-campus apartments or moving off-campus into nearby neighborhoods like the historic Riverbend area. Dining is primarily handled through the Ridgway University Center, offering various stations and late-night options, with meal plans required for most residents. The overall vibe at UE is one of engaged community, where students are encouraged to get involved, support each other, and take advantage of the many opportunities for personal and academic growth. It's a place where you can truly make your mark.

Campus Highlights

Location & Regional Advantages

The University of Evansville's location in Evansville, Indiana, offers a unique set of regional advantages and challenges. Evansville itself is a mid-sized city with a stable, albeit not rapidly growing, job market. Key industries include healthcare, advanced manufacturing, and logistics, providing a solid base for graduates in related fields. The cost of living in Evansville is significantly lower than the national average, making the overall financial burden of attending and graduating more manageable, especially when compared to larger metropolitan areas. Proximity to larger industry hubs is moderate; Indianapolis is about a three-hour drive, offering more extensive opportunities in sectors like life sciences and technology. Louisville, Kentucky, is also within a similar driving distance. The quality of life in Evansville is characterized by a friendly, community-oriented atmosphere with access to parks, the Ohio Riverfront, and a growing downtown scene. Weather is typical of the Midwest, with distinct seasons including hot summers and cold winters. Safety is generally good, with crime rates comparable to other cities of its size. This location fosters strong local connections for internships and jobs, but may require graduates seeking highly specialized or rapidly expanding tech roles to relocate to larger economic centers.

How to Get Into University of Evansville

The University of Evansville, with its 77.6% admission rate, is selective but accessible. Applying Early Action (EA) or Early Decision (ED) can provide a slight advantage, allowing you to demonstrate strong interest and receive an earlier decision. ED is binding, so ensure UE is your top choice. The admissions committee looks for well-rounded students who will contribute to the campus community. Strong academic performance in high school (GPA) is crucial, and while SAT/ACT scores are not provided, they would likely be considered if submitted. Focus on presenting a GPA that reflects consistent effort and upward trends. Essays are important for showcasing personality, goals, and fit; consider topics that highlight your unique experiences, leadership potential, or how you'll engage with UE's specific programs or values. Demonstrated interest is often valued at private institutions like UE; this can be shown through campus visits (virtual or in-person), attending information sessions, and engaging with admissions counselors. The application deadline for Fall admission is typically around March 1st, with EA/ED deadlines in November. Aim to submit your application well before the deadline to ensure all materials are processed smoothly.

How University of Evansville Compares to Similar Schools

Similar schools: Butler University, DePauw University, Rose-Hulman Institute of Technology, Wabash College

Advantages

Disadvantages

Best For

Avoid If

Frequently Asked Questions about University of Evansville

Is the University of Evansville a good financial investment?

Based on the provided data, the University of Evansville has a negative ROI score (-70), indicating that the median earnings of graduates do not sufficiently offset the cost of attendance and debt incurred.

What is the graduation rate at the University of Evansville?

The University of Evansville has a graduation rate of 67.7%.

How selective is the University of Evansville's admission process?

The University of Evansville has an admission rate of 77.6%, suggesting it is not highly selective.

What are the typical post-graduation earnings for University of Evansville alumni?

The median earnings for University of Evansville alumni 10 years after entry are $53,770.

Is the University of Evansville affordable for students?

The University of Evansville has an affordability score of 35, which is relatively low, and a negative ROI, suggesting affordability is a concern when considering the financial outcomes.

What is the acceptance rate at University of Evansville and how hard is it to get in?

The University of Evansville has a moderately selective admission rate of approximately 77.6%. This means that out of every 100 students who apply, about 78 are offered admission. While not highly competitive, it's not a guaranteed admission for everyone. To increase your chances, focus on presenting a strong academic profile. This includes maintaining a solid GPA, particularly in core subjects like English, Math, Science, and Social Studies. Standardized test scores (SAT/ACT) are considered, though policies can vary, so check the latest requirements. Crafting a compelling personal essay that showcases your personality, goals, and why UE is a good fit for you is crucial. Extracurricular involvement, such as participation in clubs, sports, volunteer work, or leadership roles, demonstrates a well-rounded application. Strong letters of recommendation from teachers or counselors who know you well can also significantly bolster your application. Early application, either through Early Decision or Early Action, can sometimes provide an advantage. Overall, while UE is accessible, a thoughtful and complete application is key to a successful admission.

Is University of Evansville worth the money?

The University of Evansville's value proposition is nuanced. With an annual tuition of $44,172 and a median 10-year earning potential of $53,770, the immediate financial return appears modest. The median student debt of $24,606 adds to this consideration. If a graduate earns the median salary and allocates 15% of their income to debt repayment, it could take around 4-5 years to clear the debt, assuming no interest. This timeline is longer than for some institutions with higher earning potentials. However, UE's value isn't solely measured in immediate dollars. Its private, nonprofit status often translates to smaller class sizes, more personalized faculty attention, and robust internship opportunities, particularly in fields like nursing, engineering, and business. These experiences can lead to strong career placement and salary growth beyond the median. For students who are proactive in utilizing career services, securing high-value internships, and choosing majors with strong market demand, UE can be a worthwhile investment. For those prioritizing a purely financial ROI above all else, or who might not fully engage with the university's resources, the cost might seem high relative to the median outcomes. It's a good investment for the engaged student, but requires strategic planning.

What are the best majors at University of Evansville?

The University of Evansville offers several strong majors that align well with regional employment needs and demonstrate strong graduate outcomes. The College of Engineering and Computer Science is highly regarded, with programs like Mechanical Engineering and Electrical Engineering often leading to solid career placements in manufacturing and technology sectors. The College of Health Sciences is another standout, particularly its Bachelor of Science in Nursing (BSN) program, which consistently places graduates in high-demand healthcare roles within Evansville's robust medical community and beyond. Programs within the School of Business, such as Finance and Marketing, also provide a good foundation for careers in regional banking and corporate environments. For students interested in the arts and humanities, the Theatre program is nationally recognized and offers excellent networking opportunities. The key to identifying the 'best' major is to align personal interests with fields that have strong job prospects and where UE has a reputation for quality instruction and practical experience, often facilitated by its internship programs.

What is student life like at University of Evansville?

Student life at the University of Evansville is characterized by a close-knit, campus-centric community typical of a small private university. With an enrollment of around 1,500 students, UE fosters an environment where students can easily connect with peers and faculty. The campus is located within the city of Evansville, offering students access to urban amenities while maintaining a distinct campus feel. Social life often revolves around campus events, clubs, and organizations. UE boasts over 100 student organizations, covering a wide range of interests from academic clubs and cultural groups to intramural sports and volunteer initiatives. The university has a strong emphasis on community service and leadership development. While not a major party school, there are opportunities for social gatherings, concerts, and sporting events, particularly its NCAA Division I athletics. The smaller size encourages participation and makes it easier for students to find their niche and build lasting relationships. The proximity to Evansville's downtown area also provides off-campus entertainment and dining options.

How much financial aid does University of Evansville give?

The University of Evansville provides a significant amount of financial aid to its students, reflecting its commitment to making education accessible. A high percentage of students, typically around 98-99%, receive some form of financial assistance. This aid comes in various forms, including merit-based scholarships, need-based grants, federal loans, and work-study programs. Merit scholarships are often awarded based on academic achievement (GPA, test scores) at the time of admission, and can range from partial tuition waivers to substantial awards. Need-based aid is determined by the student's and family's financial circumstances, assessed through the FAFSA (Free Application for Federal Student Aid) and sometimes the CSS Profile. Federal aid includes Pell Grants for low-income students and federal student loans. UE also offers specific scholarships tied to particular programs or demographics. While the sticker price for tuition is high ($44,172), the average net price after grants and scholarships is considerably lower, making it more affordable for many students. Prospective students are strongly encouraged to complete the FAFSA early and explore all scholarship opportunities offered by the university and external sources.

What salary can I expect after graduating from University of Evansville?

The salary expectations for University of Evansville graduates vary significantly by major and career path. The university reports a median 10-year earning potential of $53,770. However, this is an aggregate figure and doesn't reflect the earning potential of specific programs. Graduates from high-demand fields often see higher starting salaries. For instance, those completing the Bachelor of Science in Nursing (BSN) program are typically well-positioned for competitive salaries in the healthcare sector, often starting in the $60,000-$70,000 range in the Evansville area, with potential for growth into specialized roles or management. Engineering graduates, particularly in Mechanical and Electrical Engineering, can expect starting salaries in the $60,000-$75,000 range, depending on the employer and specific role. Business graduates' salaries can range more widely, from the mid-$40,000s to $60,000+, depending on specialization (e.g., finance roles often pay more than general marketing). Alumni in theatre or arts programs might have more variable income initially, often supplemented by freelance or project-based work. It's crucial for students to research specific salary data for their intended major and to actively pursue internships that can lead to higher-paying job offers.

What are the dorms like at University of Evansville?

The University of Evansville offers a range of on-campus housing options designed to accommodate its student population, primarily first-year students. The university emphasizes a residential experience, with most freshmen required to live on campus. Housing options include traditional residence halls, suite-style living, and apartment-style units. Traditional halls like Hughes Hall and Krannert Hall typically house students in double-occupancy rooms with shared common bathrooms on each floor. These halls often have communal lounges and study areas. For students seeking slightly more independence or a different living arrangement, suite-style options are available, where a small group of rooms share a common living area and bathroom. Apartment-style living, often available for upperclassmen, provides more privacy with individual bedrooms and shared kitchens and living spaces. All residence halls are furnished and include basic utilities, internet access, and laundry facilities. The university places a strong emphasis on safety, with resident assistants (RAs) available in each hall to provide support and enforce community standards. The overall atmosphere is geared towards fostering community and providing a convenient living and learning environment.

Is University of Evansville a good school for research?

The University of Evansville provides undergraduate research opportunities, particularly within its STEM fields and some humanities disciplines. While not a large research university with extensive graduate programs, UE encourages faculty-mentored research projects, allowing undergraduate students to gain valuable experience. Students in programs like Biology, Chemistry, Physics, and Engineering often have opportunities to work alongside professors on specific research initiatives. This can involve assisting with experiments, data analysis, literature reviews, and even presenting findings at academic conferences. The university supports these endeavors through various channels, including summer research programs and grants that can provide stipends or funding for research materials. For students interested in pursuing graduate studies, particularly PhD programs, engaging in undergraduate research at UE can be a significant advantage, demonstrating their capacity for advanced academic work. While the scale of research might be smaller than at larger institutions, the personalized, faculty-driven nature of research at UE offers a unique and impactful learning experience for motivated undergraduates.

How does University of Evansville compare to similar schools?

The University of Evansville (UE) is often compared to other private, liberal arts-focused universities in the Midwest. Realistic peers include institutions like Butler University, DePauw University, and perhaps regional comprehensive universities with strong private identities. Compared to Butler and DePauw, UE generally has a lower sticker price for tuition, though net prices after aid can vary significantly. UE's location in Evansville offers a different regional job market focus than Indianapolis-based Butler or Greencastle-based DePauw, potentially providing stronger local internship and job pipelines within Southwestern Indiana. However, Butler and DePauw often boast larger alumni networks and higher national visibility, which can translate to broader career opportunities. UE's admission rate is slightly higher than DePauw's, suggesting it may be marginally less selective. In terms of program strengths, UE's nursing and engineering programs are often highlighted, potentially offering more specialized technical training than some broader liberal arts programs at its peers. Overall, UE offers a comparable private university experience but with a distinct regional focus and potentially a more accessible entry point than some of its more selective peers.

What do employers think of a degree from University of Evansville?

Employers generally hold a positive view of degrees from the University of Evansville, particularly within the Midwest and in specific fields where UE has established strengths. Local and regional employers in Evansville and the surrounding tri-state area have a strong familiarity with UE graduates and often actively recruit from the campus. They value the practical experience gained through UE's emphasis on internships and co-op programs. Fields like nursing, physical therapy, engineering, and business are areas where UE alumni are well-represented and respected. Employers often note that UE graduates are well-prepared, possess strong work ethics, and are adaptable. For programs with national recognition, such as its Theatre program, the reputation extends further. While UE may not have the same level of widespread brand recognition as larger, more prominent universities nationally, its reputation among employers in its core geographic and programmatic areas is solid. The university's career services actively work to build and maintain relationships with employers, ensuring that graduates are visible and considered for relevant job opportunities.

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AI-generated analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.