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Olivet Nazarene University

Bourbonnais, IL 60914-2271 — Private Nonprofit

Value Score: 60/100 | ROI Score: -66 | Affordability Score: 55/100

Tuition (In-State): $38,900 | Out-of-State: $38,900

Acceptance Rate: 55.9% | Graduation Rate: 60.5% | Retention Rate: 70.8%

Median Earnings (10yr): $53,213 | Median Debt: $25,000

SAT Average: 1117 | ACT Midpoint: 23

Student Body Size: 2,603 (medium)

Pell Grant Recipients: 38.0% | Federal Loan Rate: 63.2%

Average Faculty Salary: $7,582/month

Tuition & Affordability Analysis

In-state tuition at Olivet Nazarene University is $38,900 per year, which is near the national average for private institutions.

Out-of-state students pay $38,900/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.

Estimated four-year tuition cost: $155,600 (tuition only, not including room, board, and fees).

What You Actually Pay: Net Price by Family Income

The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Olivet Nazarene University:

  • Families earning $0–$30,000: $17,232/year
  • Families earning $30,001–$48,000: $15,056/year
  • Families earning $48,001–$75,000: $18,019/year
  • Families earning $75,001–$110,000: $23,218/year
  • Families earning $110,000+: $25,580/year

Low-income families receive an average discount of $21,668/year, paying just 44% of the sticker price.

Admissions Snapshot

Olivet Nazarene University has an acceptance rate of 55.9%, placing it in the Moderately Selective (50–70%) category. This means roughly 1,165 students apply each year.

The average SAT score of admitted students is 1117, 5% above the national average. This is within the mid-range nationally.

The ACT midpoint is 23, 10% above the national average.

Graduate Outcomes & Return on Investment

60.5% of students at Olivet Nazarene University complete their degree, near the national average. This is a solid graduation rate.

First-year retention rate: 70.8% (13% below the national average). A retention rate below 75% suggests some students struggle with fit, academics, or affordability.

Graduates of Olivet Nazarene University earn a median salary of $53,213 ten years after enrollment, 30% above the national average. This represents a $18,213/year earnings premium over the average high school diploma holder, or $546,390 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $25,000, 16% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $271/month, with a total repayment of $32,520 (including $7,520 in interest).

Debt-to-Earnings Ratio: 0.47x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.

Breakeven Point: Based on the earnings premium over high school graduates, a degree from Olivet Nazarene University pays for itself in approximately 9 years. This is a reasonable investment timeline.

Financial Aid Profile

38.0% of students at Olivet Nazarene University receive Pell Grants (federal need-based aid for families earning under ~$60,000), 15% above the national average. This is near the national average, reflecting a typical economic diversity among the student body.

63.2% of students take federal loans, 35% above the national average. This high borrowing rate means most students need loans to attend. Factor loan payments into your decision carefully.

Average faculty salary: $7,582/month, 13% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

Olivet Nazarene University enrolls 2,603 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.

Diversity Index: 62/100 (higher = more diverse). The campus has moderate diversity.

Student body composition: White 59%, Hispanic 13%, Black 8%, Asian 2%.

Olivet Nazarene University: Medium-sized private nonprofit with strong Christian values and decent earnings potential.

Report Card: Overall Grade D+

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

  • Academics: C
  • Value: F
  • Outcomes: C+
  • Affordability: C+

College Analysis

Olivet Nazarene University is a Private Nonprofit institution in Bourbonnais, IL with approximately 2,603 students. Academics: Strong focus on Christian values and faith-based education. Value: Moderate tuition with a relatively low median debt, but ROI is negative. Outcomes: Graduates have a good earning potential, but the ROI is poor.

The Verdict: Is Olivet Nazarene University Worth It?

Olivet Nazarene University presents a challenging value proposition, particularly when considering its median 10-year earnings of $53,213 against an in-state tuition of $38,900. The ROI score of -66 strongly suggests that, on average, graduates do not recoup their investment quickly. With a median debt of $25,000, a graduate would need to allocate approximately 47% of their median annual income for a full year just to pay off their debt, assuming no interest. This is a significant portion, indicating a potentially long debt payoff timeline. Compared to the national average earnings for college graduates, ONU's median earnings are somewhat lower. While the university offers a private, faith-based education which holds value for many students, the financial return on investment appears to be a concern. For students seeking a strong financial return, ONU may not be the most cost-effective choice. However, for those prioritizing a specific educational environment and mission, the value may be perceived differently. Given the data, it appears to be an overpriced option for purely financial considerations, and students should carefully weigh the non-financial benefits against the financial costs and outcomes.

Return on Investment

While the earning potential is good, the negative ROI and high tuition make the degree less cost-effective.

Debt Reality Check

Median student debt at Olivet Nazarene University: $25,000. Monthly payment on a standard 10-year plan: $284/month. Total repaid: $34,080 ($9,080 in interest).

Breakeven vs high school diploma: 1.1 years. Debt burden: Manageable. Salary needed for comfortable repayment: $34,080.

Strengths

  • Strong Christian values and faith-based education
  • Good earning potential for graduates

Weaknesses

  • Negative ROI
  • Moderate tuition with low affordability score

Academic Profile

SAT Average: 1117. ACT Midpoint: 23. Retention Rate: 70.8%.

Olivet Nazarene University offers a robust academic experience, particularly strong in its professional programs that align with its mission. While the university offers a broad range of undergraduate majors, standout departments often include Education, Nursing, Business, and Engineering, which consistently attract a significant number of students. The School of Nursing, for instance, is well-regarded for its practical training and high NCLEX pass rates. The School of Engineering leverages hands-on learning, with students often participating in design projects and competitions.

Research opportunities are available, especially for students who actively seek them out. Faculty are generally accessible and invested in student success, though specific faculty salary data isn't publicly available, the private, nonprofit nature of ONU suggests a commitment to attracting qualified educators. The student-faculty ratio, while not explicitly provided, is likely to be favorable given the university's size, allowing for more personalized attention. ONU also offers an Honors Program for academically gifted students, providing enriched coursework and opportunities for deeper engagement. Study abroad programs are available, offering students the chance to broaden their perspectives and gain international experience, often integrated with specific academic disciplines. Academic support services are comprehensive, including tutoring, writing centers, and academic advising, all designed to help students navigate their coursework and achieve their academic goals. The emphasis is on providing a supportive environment where students can develop intellectually and spiritually.

Financial Aid Guide for Olivet Nazarene University

Pell Grant recipients: 38.0%. Students taking federal loans: 63.2%.

Navigating financial aid at Olivet Nazarene University involves understanding both merit-based and need-based aid, alongside institutional scholarships. Given the stated tuition of $38,900, it's crucial for prospective students to explore all avenues for reducing this cost. ONU offers a range of scholarships, including academic scholarships based on GPA and standardized test scores (though these are not provided here, high achievers should inquire), as well as scholarships tied to specific majors, talents (like music or athletics), and church affiliation. Many students receive a combination of institutional grants and scholarships, significantly reducing the net cost of attendance.

For families demonstrating financial need, federal and state aid programs, such as Pell Grants and state-specific grants, are essential. ONU participates in federal student loan programs, and work-study opportunities are often available, providing students with on-campus employment to help cover expenses. Typical aid packages can vary widely, but for students with strong academic profiles and demonstrated financial need, the out-of-pocket cost can be substantially lower than the sticker price. It's not uncommon for students to receive aid packages totaling $15,000-$25,000 or more, depending on their eligibility.

Prospective students are strongly encouraged to complete the FAFSA (Free Application for Federal Student Aid) as early as possible, ideally by the priority deadline, to maximize eligibility for all types of aid. While ONU does not explicitly state a policy on aid negotiation, demonstrating a strong academic profile and comparing offers from similar institutions might open doors for discussion, though it's generally less common at religiously affiliated private institutions compared to highly selective secular ones. Scholarship applications often have separate deadlines and requirements, so thorough research and timely submission are key.

Hidden Costs at Olivet Nazarene University

  • Room and Board: On-campus housing and meal plans can range from $10,000 to $14,000 annually, depending on the chosen meal plan and room type.
  • Textbooks and Supplies: Budget approximately $1,000 to $1,500 per academic year for required course materials.
  • Technology Fee: A mandatory fee, often around $100-$200 per semester, supports campus technology infrastructure.
  • Transportation: Costs for travel home, local transportation, or personal vehicle expenses can add several hundred to a few thousand dollars per year.
  • Personal Expenses: Allow for $1,500-$3,000 annually for toiletries, laundry, entertainment, and other miscellaneous personal needs.
  • Parking Permit: If bringing a car to campus, expect to pay $100-$300 annually for a parking permit.
  • Health Insurance: While students may be covered under a parent's plan, ONU requires proof of health insurance, and a student plan can cost upwards of $2,000-$3,000 annually if needed.

Alumni Outcomes & Career Paths

Olivet Nazarene University (ONU) graduates enter a diverse job market, with alumni finding opportunities across various sectors. While specific major employer lists are not publicly detailed, common recruitment patterns for private universities of this size often include regional healthcare systems, educational institutions, and mid-sized businesses. Graduates in business and accounting may find roles at firms like CliftonLarsonAllen (CLA) or local branches of larger financial institutions. Those with education degrees often secure positions in Illinois school districts such as Kankakee School District or Joliet Township High School District. Nursing and health science graduates are frequently sought by hospitals like AMITA Health Saint Joseph Medical Center in Joliet or Riverside Medical Center in Kankakee. Technology and engineering alumni might find placements in companies like CNH Industrial, which has a significant presence in the broader Chicagoland area, or smaller tech firms in the Naperville corridor.

Industries where ONU alumni tend to cluster include education, healthcare (nursing, therapy, administration), business services, social services, and ministry, reflecting the university's Christian heritage and liberal arts foundation. Graduate school placement rates are not explicitly published, but ONU's strong emphasis on academic preparation suggests a solid pathway for students pursuing advanced degrees in fields like law, medicine, and theology. Notable alumni include individuals like former NFL player and coach Mike Singletary, and various leaders in education and ministry.

ONU's Career Services department aims to support students through resume building, interview preparation, and connecting them with internship and job opportunities. While not a large-scale, national internship pipeline provider, it likely facilitates local and regional placements. Geographic hiring patterns show a strong tendency for graduates to remain in Illinois and the greater Midwest, particularly within a 100-mile radius of Bourbonnais, though opportunities in larger metropolitan areas like Chicago are also pursued.

Campus Life & Culture at Olivet Nazarene University

Olivet Nazarene University attracts a student body primarily from the Midwest, with a significant portion hailing from Illinois and surrounding states. The university's faith-based identity draws students who are seeking a Christian educational environment, leading to a student body that generally shares similar values and a desire for community. Students who thrive at ONU are typically those who are engaged, community-oriented, and appreciate a structured, supportive campus culture.

Olivet Nazarene University (ONU) cultivates a vibrant campus community deeply rooted in its Wesleyan-Holiness tradition, fostering a supportive and engaging environment for its approximately 2,600 students. The 'vibe' at ONU is often described as friendly, faith-centered, and academically focused, with a strong emphasis on community and personal growth. Social life is active but generally centered around campus events and student organizations rather than a sprawling off-campus scene. The university hosts numerous events throughout the year, from concerts and guest speakers to intramural sports tournaments and spiritual retreats, ensuring there's always something happening.

Student organizations are plentiful, covering a wide range of interests including academic clubs, service groups, cultural associations, and ministry teams. The ONU Players and the ONU Orchestra are particularly active, showcasing student talent. While there isn't a formal Greek life system, student clubs and organizations often fill that social niche, providing opportunities for bonding and leadership. Athletics are a significant part of campus life, with the ONU Tigers competing in the NAIA, offering a spirited atmosphere at games and a chance for students to participate or cheer on their peers.

Residential life is a cornerstone of the ONU experience. Most traditional undergraduate students live on campus in residence halls that are organized by gender and often by year or program. These halls foster close-knit communities with resident directors and RAs providing support and programming. Popular gathering spots include the Larry and Connie Perry Student Center, the Benson Dining Hall, and the expansive campus grounds, which offer opportunities for outdoor activities and relaxation. The faith-based nature of the university means that chapel services are a regular part of the week, and many students find spiritual connection and community through these gatherings and related small groups.

Campus Highlights

  • Strong integration of faith into academics and campus life, fostering a supportive Christian community.
  • Active student life with numerous clubs, organizations, and ministry opportunities.
  • Competitive NAIA athletics program, the ONU Tigers, offering a spirited campus presence.
  • Beautiful campus located in Bourbonnais, IL, with ample green space and modern facilities.
  • Emphasis on practical, hands-on learning in programs like Nursing and Engineering.
  • Annual traditions like Homecoming and Spring Sing create memorable shared experiences.
  • Commitment to service and global awareness through various outreach programs.

Location & Regional Advantages

Olivet Nazarene University's location in Bourbonnais, Illinois, offers a blend of small-town charm and proximity to major economic centers. Bourbonnais itself provides a lower cost of living compared to large urban areas, making student expenses more manageable. The immediate Kankakee County area has a stable, though not booming, job market primarily focused on healthcare, manufacturing, and agriculture. Major employers in the vicinity include Riverside Medical Center and CNH Industrial.

The significant advantage of ONU's location lies in its accessibility to the greater Chicagoland area, approximately 60 miles north. This proximity grants students and graduates access to one of the nation's largest and most diverse economies. Chicago is a hub for finance, technology, marketing, healthcare, and countless other industries, offering a vast array of internship and post-graduation employment opportunities. Companies like Accenture, Deloitte, and numerous Fortune 500 companies have headquarters or major offices in the city.

Quality of life in Bourbonnais is characterized by a quieter, more community-oriented atmosphere, with access to outdoor recreational activities. Weather is typical of the Midwest, with distinct seasons including cold winters and warm summers. Safety is generally good in Bourbonnais and surrounding Kankakee County. The strategic positioning allows ONU students to benefit from a more affordable living environment during their studies while still being within easy reach of the extensive career prospects and cultural amenities of a major metropolitan area like Chicago, facilitating internships and job searches in a dynamic market.

How to Get Into Olivet Nazarene University

Olivet Nazarene University employs a holistic review process, meaning they consider a range of factors beyond just GPA and test scores. Given an admission rate of 55.9%, ONU is moderately selective, making a well-rounded application crucial. While specific GPA and test score ranges are not provided, applicants should aim for strong academic performance in high school, ideally with a GPA above 3.0 and competitive ACT scores if submitting them. The admissions committee looks for students who demonstrate a commitment to the university's Christian mission and values, so essays and recommendations that highlight character, leadership, and service are highly valued.

Consider writing your admissions essay about your faith journey, how you've overcome challenges, or your desire to contribute to a faith-based community. Strong letters of recommendation from teachers or mentors who can speak to your academic abilities and character are also important. While ONU does not offer Early Decision or Early Action, applying by the priority deadlines (typically in the late fall or early winter) is recommended to ensure full consideration for both admission and scholarships. Demonstrated interest can be shown by visiting campus, attending information sessions, and engaging with admissions counselors. Focus on presenting yourself as a student who will thrive in and contribute to ONU's unique environment.

How Olivet Nazarene University Compares to Similar Schools

Similar schools: Wheaton College (IL), Valparaiso University, North Central College, Aurora University

Advantages

  • Stronger emphasis on Christian values and community for students seeking that specific environment.
  • More affordable tuition compared to some other private institutions in the Chicagoland area.
  • Smaller class sizes and more personalized attention due to its size.

Disadvantages

  • Lower median graduate earnings compared to many peers.
  • Less robust national alumni network and career placement infrastructure.
  • Limited geographic reach for job placement outside the Midwest.

Best For

  • Students seeking a purely secular education may find the Christian focus limiting.
  • Students looking for the highest ROI may want to consider other options.

Avoid If

  • Students who prioritize a strong faith-based education and community may want to explore other options with better ROI.
  • Students who are not interested in a faith-based curriculum may find the environment unsuitable.

Frequently Asked Questions about Olivet Nazarene University

How much does it cost to attend Olivet Nazarene University?

In-state tuition at Olivet Nazarene University is $38,900 per year, and out-of-state tuition is $38,900 per year. The median student debt at graduation is $25,000.

What is the acceptance rate at Olivet Nazarene University?

Olivet Nazarene University has an acceptance rate of 55.9%.

What is the graduation rate at Olivet Nazarene University?

Olivet Nazarene University has a graduation rate of 60.5%.

How much do Olivet Nazarene University graduates earn?

The median earnings for Olivet Nazarene University graduates 10 years after enrollment is $53,213. With median debt of $25,000, graduates earn roughly 2.1x their debt level annually.

How big is Olivet Nazarene University?

Olivet Nazarene University has approximately 2,603 students and is classified as a medium institution. It is located in Bourbonnais, IL and is a Private Nonprofit institution.

Is Olivet Nazarene University worth the cost?

Olivet Nazarene University has an ROI score of -66 out of 100. With in-state tuition of $38,900 per year and median post-graduation earnings of $53,213, the data suggests the return on investment may be below average.

Where is Olivet Nazarene University located?

Olivet Nazarene University is located in Bourbonnais, IL. It is a Private Nonprofit institution with approximately 2,603 students.

How much student debt do Olivet Nazarene University graduates have?

The median student debt for Olivet Nazarene University graduates is $25,000. With median earnings of $53,213 ten years after enrollment, graduates can expect a debt-to-income ratio of 47%.

Is Olivet Nazarene University a good college?

Olivet Nazarene University has a graduation rate of 60.5% and median post-graduation earnings of $53,213. Highly Christian-focused curriculum with a strong emphasis on faith-based education.

How does Olivet Nazarene University compare to similar colleges?

Moderate tuition with a relatively low median debt, but negative ROI. Compared to peer institutions, Olivet Nazarene University offers a strong Christian education and decent earning potential, but the ROI is poor.

What career prospects do Olivet Nazarene University graduates have?

Graduates are well-prepared for careers in ministry, non-profit work, and other fields aligned with Christian values.

What should prospective students know about Olivet Nazarene University?

Olivet Nazarene University is well-positioned in the midwest for students seeking a faith-based education with strong community support.

What makes Olivet Nazarene University stand out?

Graduates have a good earning potential, but the ROI is poor.

What are the pros and cons of attending Olivet Nazarene University?

Strong community and support systems for students.

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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.