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Saint Elizabeth School of Nursing

Lafayette, IN 47904-9988 — Private Nonprofit

Value Score: 75/100 | ROI Score: -19 | Affordability Score: 75/100

Tuition (In-State): $20,208 | Out-of-State: $20,208

Acceptance Rate: 88.9% | Graduation Rate: 48.9%

Median Earnings (10yr): $65,230 | Median Debt: $26,213

Student Body Size: 145 (small)

Pell Grant Recipients: 51.1% | Federal Loan Rate: 66.4%

Tuition & Affordability Analysis

In-state tuition at Saint Elizabeth School of Nursing is $20,208 per year, which is 49% below the national average for private institutions.

Out-of-state students pay $20,208/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: $80,832 (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 Saint Elizabeth School of Nursing:

  • Families earning $30,001–$48,000: $8,762/year
  • Families earning $48,001–$75,000: $23,034/year
  • Families earning $75,001–$110,000: $21,156/year
  • Families earning $110,000+: $28,157/year

Admissions Snapshot

Saint Elizabeth School of Nursing has an acceptance rate of 88.9%, placing it in the Open Admission (85%+) category.

Saint Elizabeth School of Nursing accepts the majority of applicants, making it an accessible option for students across a range of academic backgrounds.

Graduate Outcomes & Return on Investment

48.9% of students at Saint Elizabeth School of Nursing complete their degree, 21% below the national average. This is below average — prospective students should investigate support services and retention programs.

Graduates of Saint Elizabeth School of Nursing earn a median salary of $65,230 ten years after enrollment, 59% above the national average. This represents a $30,230/year earnings premium over the average high school diploma holder, or $906,900 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $26,213, 22% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $284/month, with a total repayment of $34,080 (including $7,867 in interest).

Debt-to-Earnings Ratio: 0.40x. 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 Saint Elizabeth School of Nursing pays for itself in approximately 3 years. This is an excellent return on investment.

Financial Aid Profile

51.1% of students at Saint Elizabeth School of Nursing receive Pell Grants (federal need-based aid for families earning under ~$60,000), 55% above the national average. This high Pell rate indicates the school serves a large proportion of lower-income students and likely has strong need-based aid programs.

66.4% of students take federal loans, 41% above the national average. This high borrowing rate means most students need loans to attend. Factor loan payments into your decision carefully.

Student Body & Campus Diversity

Saint Elizabeth School of Nursing enrolls 145 undergraduate students. As a small institution, students can expect smaller class sizes, closer faculty relationships, and a tight-knit campus community.

Diversity Index: 40/100 (higher = more diverse). The student body is less diverse than average.

Student body composition: White 77%, Hispanic 9%, Black 7%, Asian 0%.

Saint Elizabeth School of Nursing: Moderate Value with High Earnings Potential

Report Card: Overall Grade C

Saint Elizabeth School of Nursing receives an overall grade of C based on six dimensions:

  • Academics: D
  • Value: F
  • Outcomes: B+
  • Affordability: A

College Analysis

Saint Elizabeth School of Nursing is a Private Nonprofit institution in Lafayette, IN with approximately 145 students. Academics: Offers a specialized nursing program with a strong focus on practical skills and theoretical knowledge. Value: Moderate tuition with a relatively high median earnings after 10 years, but high median debt. Outcomes: Graduation rate is below average, and median earnings are above average for nursing graduates.

The Verdict: Is Saint Elizabeth School of Nursing Worth It?

Considering Saint Elizabeth School of Nursing's data, it presents a **situational value** rather than being an outright 'good deal' or 'overpriced.' With an in-state tuition of $20,208, it's relatively affordable for a private institution, especially for a program that leads directly to a high-demand career. However, the ROI Score of -19 and a graduation rate of 48.9% are significant red flags that prospective students must consider. While the median earnings of $65,230 ten years post-graduation are solid for a diploma-level nurse, the median debt of $26,213 means graduates will be dedicating a substantial portion of their early career earnings to loan repayment. At $65,230 annually, paying off $26,213 in debt is certainly achievable, likely within 3-5 years with diligent budgeting, but it's not an insignificant burden. This school is a focused investment for individuals absolutely committed to becoming a Registered Nurse via a direct, hands-on diploma program. It's not a hidden gem in terms of financial ROI, nor is it grossly overpriced given the career outcomes. It's a practical choice for those who prioritize speed to licensure and immediate employment in a stable field, particularly within the local Indiana healthcare market. However, the low graduation rate suggests that success requires significant dedication and self-discipline. **Recommendation: Proceed with caution and a clear financial plan.** Ensure you understand the commitment required to graduate and have a strategy for managing debt, especially if you plan to pursue further education (BSN) later, which will incur additional costs.

Return on Investment

While the degree is worth the cost given the high earnings potential, the high debt burden is a significant concern.

Debt Reality Check

Median student debt at Saint Elizabeth School of Nursing: $26,213. Monthly payment on a standard 10-year plan: $298/month. Total repaid: $35,760 ($9,547 in interest).

Breakeven vs high school diploma: 0.7 years. Debt burden: Manageable. Salary needed for comfortable repayment: $35,760.

Strengths

  • Strong focus on practical skills and theoretical knowledge in nursing education.
  • Close-knit learning environment due to its small size.

Weaknesses

  • Below-average graduation rate, which may affect job placement and career advancement.
  • High median debt, which could impact financial stability after graduation.

Academic Profile

Saint Elizabeth School of Nursing offers a highly specialized and rigorous academic experience, entirely focused on preparing students for a successful career as a Registered Nurse. As a single-program institution, its strength lies in its singular dedication to nursing education, providing a direct and efficient pathway to licensure. The core curriculum is meticulously designed to meet the demands of modern healthcare, blending foundational sciences with advanced nursing theory and extensive hands-on clinical practice.

The school's most notable program is, of course, its Diploma in Nursing, which prepares graduates to sit for the NCLEX-RN examination. This program is renowned for its intensive clinical rotations, which are a cornerstone of the Saint Elizabeth experience. Students gain invaluable real-world experience across various specialties – medical-surgical, pediatrics, obstetrics, critical care, and mental health – primarily within the state-of-the-art facilities of Franciscan Health Lafayette East, with which the school has a deep historical affiliation. This direct access to a major healthcare system provides unparalleled exposure to diverse patient populations and cutting-edge medical practices.

Faculty quality is a significant highlight. Given the school's professional focus, instructors are not just academics but experienced Registered Nurses, many holding advanced degrees (MSN, DNP). They bring years of practical, bedside experience into the classroom and clinical settings, offering mentorship that goes beyond textbooks. While traditional 'research opportunities' in the sense of a large university are not a primary focus for undergraduate nursing students, the curriculum emphasizes evidence-based practice, encouraging students to critically evaluate research and apply it to patient care. Simulation labs are another academic strength, providing a safe, controlled environment for students to practice complex procedures, critical thinking, and teamwork using high-fidelity mannequins and realistic scenarios before entering actual patient care.

Academic support resources are robust, recognizing the demanding nature of the program. These typically include peer tutoring, faculty office hours, and dedicated skills labs where students can practice procedures. There are no traditional honors programs or study abroad opportunities, as the curriculum is tightly structured and focused on licensure within the U.S. healthcare system. However, the concentrated nature of the program ensures that every course and every clinical hour is directly relevant to becoming a competent and compassionate nurse.

Financial Aid Guide for Saint Elizabeth School of Nursing

Pell Grant recipients: 51.1%. Students taking federal loans: 66.4%.

Navigating financial aid at Saint Elizabeth School of Nursing requires a clear understanding of its unique structure as a specialized private institution. With a tuition of $20,208 for all students, regardless of residency, the school aims to keep its program accessible, but students should anticipate needing assistance beyond this figure for living expenses. The median debt for graduates is around $26,213, which, while significant, is often manageable given the strong median earnings of $65,230 ten years post-graduation.

The primary avenue for financial assistance begins with the Free Application for Federal Student Aid (FAFSA). Completing the FAFSA is crucial as it determines eligibility for federal grants, such as the Pell Grant (though the school's Pell Grant rate is not available, it's a key resource for low-income students), and federal student loans (Stafford Loans). Federal loans typically offer lower interest rates and more flexible repayment options than private loans, making them the preferred borrowing option. For Indiana residents, state-specific grants may also be available, so checking the Indiana Commission for Higher Education website is highly recommended.

Merit-based aid from Saint Elizabeth itself is generally limited compared to larger universities. While the school may offer a few institutional scholarships, these are often highly competitive and might be tied to specific criteria like academic excellence in prerequisite courses or demonstrated commitment to the nursing profession. Students should inquire directly with the financial aid office about any specific nursing scholarships they might offer. Work-study opportunities, while possible, are not as prevalent as at larger institutions due to the intense academic and clinical schedule, which often makes holding a part-time job challenging.

Typical aid packages will vary significantly based on a student's FAFSA results. A student from a lower-income background might receive a combination of Pell Grants and federal loans, potentially covering a substantial portion of tuition and some living costs. A student from a higher-income background might primarily rely on federal unsubsidized loans or private loans. Negotiating aid packages is generally not a realistic expectation at a specialized school of this size and tuition structure; the aid offered is usually based on established federal and institutional policies. Therefore, proactive scholarship searching through external organizations (e.g., nursing associations, community foundations) is highly encouraged to minimize reliance on loans.

Hidden Costs at Saint Elizabeth School of Nursing

  • Off-campus housing in Lafayette can range from $600 to $900 per month for a single room in a shared apartment, or $900-$1,500 for a studio or one-bedroom apartment.
  • Utilities (electricity, gas, internet) typically add an extra $150-$250 per month, depending on usage and apartment size.
  • Groceries and personal care items will likely cost students $350-$550 per month, as there are no meal plans available.
  • Nursing textbooks, specialized supplies (like a stethoscope), and uniforms can easily amount to $1,000-$2,000 per year.
  • Clinical fees, background checks, and health screenings required for rotations often add an additional $300-$600 annually.
  • Transportation costs, including gas, car maintenance, and parking fees (if applicable at clinical sites), can be $100-$250 per month.
  • The NCLEX-RN licensure exam fee, a mandatory cost after graduation, is approximately $200.

Alumni Outcomes & Career Paths

Graduates of Saint Elizabeth School of Nursing are uniquely positioned to enter the high-demand healthcare sector, primarily within Central Indiana. The school's diploma program is intensely focused on clinical practice, ensuring students are job-ready upon licensure. Major employers that actively recruit from Saint Elizabeth include the prominent healthcare systems in the region, such as IU Health Arnett Hospital and Franciscan Health Lafayette East, both located directly in Lafayette. Other significant employers include Ascension St. Vincent and Community Health Network in nearby Indianapolis, which is just an hour's drive away, offering a broader range of specialty units and larger hospital settings. Alumni predominantly cluster in acute care settings (hospitals), long-term care facilities, and various outpatient clinics. The curriculum's emphasis on hands-on experience means graduates are often sought after for roles as Registered Nurses (RNs) in medical-surgical units, critical care, emergency departments, and specialty areas like pediatrics or obstetrics, depending on their clinical interests and post-graduation training.

Given that Saint Elizabeth offers a diploma in nursing, the primary outcome is direct entry into the workforce rather than immediate graduate school placement. While some alumni may eventually pursue a Bachelor of Science in Nursing (BSN) or even a Master of Science in Nursing (MSN) through bridge programs (e.g., ADN-to-BSN, BSN-to-MSN) at institutions like Purdue University or Indiana University, this typically occurs after gaining professional experience. The school's career services, while not a traditional large university department, are highly integrated into the program, focusing on licensure preparation, resume building, interview skills tailored for nursing roles, and connecting students directly with local healthcare recruiters. Clinical rotations serve as the primary 'internship pipeline,' providing invaluable experience and networking opportunities within facilities like IU Health and Franciscan Health. Geographic hiring patterns are heavily concentrated within Indiana, particularly the Lafayette-West Lafayette metropolitan area and the greater Indianapolis region, where the demand for skilled nurses remains consistently high. While specific 'notable alumni' in the traditional sense are less common for a focused diploma program, the school prides itself on producing highly competent, compassionate nurses who become pillars of their local healthcare communities.

Campus Life & Culture at Saint Elizabeth School of Nursing

The student body at Saint Elizabeth School of Nursing is typically composed of highly motivated individuals, predominantly from Indiana and the surrounding Midwest region, who are singularly focused on a career in nursing. While historically female-dominated, the school welcomes and supports a growing number of male students, as well as a mix of recent high school graduates and non-traditional students seeking a career change. The ideal student here is dedicated, resilient, compassionate, thrives in hands-on learning environments, and is eager to collaborate closely with peers and faculty.

Life at Saint Elizabeth School of Nursing is distinctly different from a traditional four-year university, largely shaped by its specialized focus, small size (145 students), and urban location in Lafayette, Indiana. There are no sprawling dormitories, bustling dining halls, or Greek life chapters here. Instead, the 'campus' experience is deeply integrated into the academic and clinical journey, fostering a tight-knit, professionally oriented community.

Students primarily commute from Lafayette and surrounding communities, or live in off-campus apartments. Many choose to live near the Franciscan Health Lafayette East campus, where the school is located, or in other parts of Lafayette, taking advantage of the city's amenities. The absence of on-campus housing means students are responsible for their own living arrangements and meal preparation, which often translates into a more independent, adult-learner environment. Social life isn't about large campus events but rather organic connections forged in study groups, simulation labs, and clinical rotations. These shared intense experiences create strong bonds, and it's common for cohorts to organize their own social outings, whether it's grabbing coffee, studying together at local cafes, or exploring Lafayette's vibrant downtown scene.

The 'vibe' is one of focused dedication and mutual support. Students are here with a clear career goal, and that shared ambition creates a highly collaborative atmosphere. While there aren't traditional student organizations like a debate club or a Quidditch team, there may be student nursing associations (like a local chapter of the National Student Nurses' Association) that offer professional development, community service, and networking opportunities. Given Lafayette's status as a college town (home to Purdue University), Saint Elizabeth students have access to a broader range of cultural, recreational, and dining options than they might in a smaller city, though they typically don't participate in Purdue's campus life directly. Weekends are often a mix of intense studying, clinical preparation, and personal time, with social activities often revolving around decompressing with classmates after a challenging week. The lack of traditional athletics means students pursue fitness and recreation independently, often utilizing local gyms or parks. Ultimately, being a student here means embracing a focused, supportive, and self-directed path toward becoming a registered nurse.

Campus Highlights

  • Direct Path to RN Licensure: A focused, efficient program designed specifically to prepare students for the NCLEX-RN exam and immediate entry into the nursing profession.
  • Exceptional Clinical Experience: Unparalleled access to diverse clinical rotations primarily within the advanced facilities of Franciscan Health Lafayette East.
  • Experienced Faculty: Instruction from seasoned Registered Nurses with extensive real-world experience, offering invaluable mentorship.
  • State-of-the-Art Simulation Labs: High-fidelity simulation technology provides a safe environment to practice complex nursing skills and critical decision-making.
  • Small, Supportive Cohorts: A tight-knit community fosters strong bonds among students and personalized attention from faculty.
  • Strong Local Reputation: A long-standing history and deep roots in the Lafayette healthcare community, enhancing job prospects post-graduation.
  • Career-Focused Environment: Every aspect of the program is geared towards professional development and successful employment as a nurse.

Location & Regional Advantages

Saint Elizabeth School of Nursing benefits significantly from its strategic location in Lafayette, Indiana, a vibrant mid-sized city with a robust and growing healthcare sector. The local job market for nurses is exceptionally strong, driven by an aging population and the continuous expansion of healthcare services. Major employers like IU Health Arnett Hospital and Franciscan Health Lafayette East are cornerstone institutions that consistently seek qualified nursing graduates, providing ample entry-level opportunities right within the city. This direct access to clinical sites and potential employers is a distinct advantage, fostering seamless transitions from student to professional.

Lafayette offers a highly attractive cost of living compared to larger metropolitan areas, making it an economical choice for students and new graduates. Housing, transportation, and everyday expenses are generally more affordable, allowing graduates to manage their median debt of $26,213 more effectively on a median starting salary of $65,230. The city's proximity to industry hubs extends beyond Lafayette itself; Indianapolis, a major healthcare hub, is just an hour's drive away, offering a broader spectrum of specialized hospitals and clinics for those seeking diverse career paths or advanced roles later in their careers.

Quality of life in Lafayette is considered good, blending a friendly, community-oriented atmosphere with the cultural and recreational amenities often associated with a college town, largely due to the presence of Purdue University in neighboring West Lafayette. The area experiences four distinct seasons, from warm summers to cold, snowy winters, which can be a factor for those unaccustomed to Midwestern weather. Safety is generally high for a city of its size, contributing to a comfortable living and learning environment. Overall, Lafayette's location directly enhances career opportunities post-graduation by providing a stable, high-demand job market, affordable living, and direct pathways into established healthcare systems, making it an ideal launchpad for a nursing career.

How to Get Into Saint Elizabeth School of Nursing

Gaining admission to Saint Elizabeth School of Nursing, with an 88.9% admission rate, is less about extreme selectivity and more about demonstrating a genuine commitment to the nursing profession and readiness for a rigorous academic program. The admissions office values applicants who show a clear understanding of what a nursing career entails and possess the foundational academic strength to succeed.

While SAT/ACT scores are not required (or at least not reported), your academic record, particularly in science and math prerequisites, will be closely scrutinized. A strong GPA, especially in courses like Anatomy & Physiology, Microbiology, and Chemistry, is crucial. Aim for at least a B average, though higher is always better to show your preparedness for the demanding science-heavy curriculum. The school is looking for students who can handle the academic rigor and the intense pace of a direct-entry nursing program.

Your personal statement or essay is a vital component. This is your opportunity to articulate why you want to be a nurse, what experiences have led you to this path (e.g., volunteering, shadowing, personal experiences with healthcare), and what qualities you believe make you a good fit for the profession. Avoid generic statements; instead, share specific anecdotes that highlight your empathy, resilience, critical thinking, and compassion. The admissions committee wants to see passion and a realistic understanding of the challenges and rewards of nursing.

Demonstrated interest, while not as critical as at highly selective schools, can still be beneficial. Attending any virtual or in-person information sessions, reaching out to the admissions office with thoughtful questions, or even visiting the campus (if possible) shows your seriousness. There are typically no Early Decision or Early Action advantages; applications are usually reviewed on a rolling basis or by specific deadlines for fall and spring cohorts. It's advisable to apply well in advance of the stated deadlines to ensure all your materials are submitted and reviewed promptly, especially as clinical placements can sometimes be limited. Focus on presenting a well-rounded application that highlights your academic readiness and unwavering dedication to becoming a compassionate and competent nurse.

How Saint Elizabeth School of Nursing Compares to Similar Schools

Similar schools: Ivy Tech Community College (Lafayette Campus), Lutheran College of Health Professions (Fort Wayne, IN), Good Samaritan College of Nursing and Health Sciences (Cincinnati, OH)

Advantages

  • Highly focused, immersive diploma program leading directly to RN licensure.
  • Strong, established relationships with local healthcare systems (IU Health, Franciscan Health) for clinical placements and job opportunities.
  • Smaller class sizes and a dedicated faculty provide personalized attention and a close-knit learning environment.
  • Practical, hands-on curriculum designed for immediate workforce entry.

Disadvantages

  • Offers a diploma, not an Associate's (ADN) or Bachelor's (BSN) degree, which may require further education for career advancement or certain roles.
  • Lower graduation rate (48.9%) compared to many peer institutions, indicating a challenging program or potential support gaps.
  • Limited traditional 'college experience' or campus amenities due to its specialized nature.

Best For

  • Prospective students should consider the high median debt and lower-than-average graduation rate.
  • Students seeking a larger campus with more resources might find other options more suitable.

Avoid If

  • Students looking for a more affordable option with a lower debt burden might want to explore other nursing programs.
  • Those with lower admission rates might find it challenging to get in, as the school has a high acceptance rate.

Frequently Asked Questions about Saint Elizabeth School of Nursing

How much does it cost to attend Saint Elizabeth School of Nursing?

In-state tuition at Saint Elizabeth School of Nursing is $20,208 per year, and out-of-state tuition is $20,208 per year. The median student debt at graduation is $26,213.

What is the acceptance rate at Saint Elizabeth School of Nursing?

Saint Elizabeth School of Nursing has an acceptance rate of 88.9%.

What is the graduation rate at Saint Elizabeth School of Nursing?

Saint Elizabeth School of Nursing has a graduation rate of 48.9%.

How much do Saint Elizabeth School of Nursing graduates earn?

The median earnings for Saint Elizabeth School of Nursing graduates 10 years after enrollment is $65,230. With median debt of $26,213, graduates earn roughly 2.5x their debt level annually.

How big is Saint Elizabeth School of Nursing?

Saint Elizabeth School of Nursing has approximately 145 students and is classified as a small institution. It is located in Lafayette, IN and is a Private Nonprofit institution.

Is Saint Elizabeth School of Nursing worth the cost?

Saint Elizabeth School of Nursing has an ROI score of -19 out of 100. With in-state tuition of $20,208 per year and median post-graduation earnings of $65,230, the data suggests the return on investment may be below average.

Where is Saint Elizabeth School of Nursing located?

Saint Elizabeth School of Nursing is located in Lafayette, IN. It is a Private Nonprofit institution with approximately 145 students.

How much student debt do Saint Elizabeth School of Nursing graduates have?

The median student debt for Saint Elizabeth School of Nursing graduates is $26,213. With median earnings of $65,230 ten years after enrollment, graduates can expect a debt-to-income ratio of 40%.

Is Saint Elizabeth School of Nursing a good college?

Saint Elizabeth School of Nursing has a graduation rate of 48.9% and median post-graduation earnings of $65,230. Graduation rate is 48.94% which is below the national average for nursing schools.

How does Saint Elizabeth School of Nursing compare to similar colleges?

The school has a high median debt of $26,213, which is above the national average. Compared to peer institutions, Saint Elizabeth School of Nursing offers a high earning potential but with a higher debt burden.

What career prospects do Saint Elizabeth School of Nursing graduates have?

Graduates are well-positioned for a career in nursing with above-average earnings, making it a good choice for those prioritizing income.

What should prospective students know about Saint Elizabeth School of Nursing?

Saint Elizabeth School of Nursing is well-placed in the market for nursing education, offering a specialized program with strong earning potential.

What makes Saint Elizabeth School of Nursing stand out?

The school's median earnings after 10 years are above average at $65,230.

What are the pros and cons of attending Saint Elizabeth School of Nursing?

The school is small and private, offering a close-knit learning environment.

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