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Millikin University: Rankings, Admissions, Cost & Majors

Fair Price Value for Your Money
67% Acceptance Rate
6% Student Loan Default Rate

Millikin University is a private not-for-profit institution in Decatur, Illinois enrolling 1,382 undergraduates. It accepts 67% of applicants and has an on-time graduation rate of 55%, above the national average of 33%. College Factual ranks it #1,299 of 5,159 colleges nationwide in its 2027 Best Colleges ranking (top 25%), and its Value for Your Money analysis rates it a Fair Price.

Source: IPEDS 2025; College Scorecard July 2026; College Factual rankings 2027. Data as of: July 2026.

How Is Millikin University Ranked?

Millikin University ranks #1,299 of 5,159 colleges nationwide in College Factual’s 2027 Best Colleges ranking, placing it in the top 25%.

#1,299 Best Colleges in Nation
#65 Best Colleges in IL
Millikin University ranking badge

2027 Rankings

College Factual recognizes the best colleges and universities in its annual rankings. These rankings include categories for best overall colleges, best colleges for each major, best value schools, and much more.

Overall Quality

According to College Factual’s 2027 analysis, Millikin is ranked #1,299 out of 5,159 schools in the nation that were analyzed for overall quality.

Millikin is also ranked #65 on the Best Colleges in Illinois list.

See all of the rankings for Millikin University.

Is It Hard to Get Into Millikin University?

67% Acceptance Rate
92% Of Accepted Are Women
35% Submit SAT Scores

Acceptance Rate

Millikin University has an acceptance rate of 67%, which means the school is serious about who it admits. Take your time in putting together a strong application that highlights why you are a good fit for Millikin.

Average Test Scores

About 35% of students accepted to Millikin submitted their SAT scores. When looking at the 25th through the 75th percentile, SAT Evidence-Based Reading and Writing scores ranged between 440 and 570. Math scores were between 420 and 560.

SAT Reading and Writing Scores for Millikin University  ( 440 to 570 )
200
800
SAT Math Scores for Millikin University  ( 420 to 560 )
200
800

Millikin received ACT scores from 9% of accepted students. When looking at the 25th through the 75th percentile, ACT Composite scores ranged between 18 and 25.

ACT Composite Scores for Millikin University  ( 18 to 25 )
1
36

Learn more about Millikin University admissions.

What Is the Student-to-Faculty Ratio at Millikin University?

10 to 1 Student to Faculty
71% Full Time Teachers

Student to Faculty Ratio

The student to faculty ratio at Millikin is an impressive 10 to 1. That’s quite good when you compare it to the national average of 15 to 1. This is a good sign that students at the school will have more opportunities for one-on-one interactions with their professors.

Percent of Full-Time Faculty

When estimating how much access students will have to their teachers, some people like to look at what percentage of faculty members are full time. This is because part-time teachers may not have as much time to spend on campus as their full-time counterparts.

The full-time faculty percentage at Millikin University is 71%. This is higher than the national average of 47%.

Full-Time Faculty Percent  71 out of 100
0
100

What Are the Graduation and Retention Rates at Millikin University?

75% Freshmen Retention
55% On-Time Graduation Rate

Freshmen Retention Rate

The freshmen retention rate of 75% tells us that most first-year, full-time students like Millikin University enough to come back for another year. This is a fair bit higher than the national average of 68%. That’s certainly something to check off in the good column about the school.

Freshmen Retention Rate  75 out of 100
0
100

Graduation Rate

Students are considered to have graduated on time if they finish their studies within four years. At Millikin the on-time graduation rate of first-time, full-time students is 55%. That is great when compared to the national average of 33.3%.

On-Time Graduation Rate  55 out of 100
0
100

Find out more about the retention and graduation rates at Millikin University.

How Diverse Is Millikin University?

1,382 Undergraduate Students
25.1% Racial-Ethnic Minorities*
53.7% Percent Women

During the most recent academic year, there were 1,382 undergraduates at Millikin.

Get more detailed information on the diversity at Millikin University.

How Much Does Millikin University Cost?

$17,140 Net Price
56% Take Out Loans
$27,876 Total Student Loans

The overall average net price of Millikin is $17,140. The affordability of the school largely depends on your financial need since net price varies by income group. See the table below for the net price for different income groups.

Net Price by Income Group for Millikin

$0-30 K $30K-48K $48-75 $75-110K $110K +
$18,659 $15,629 $23,053 $24,622 $27,524

The net price is calculated by adding tuition, room, board and other costs and subtracting financial aid. Note that the net price is typically less than the published price for a school. For more information on the sticker price of Millikin, see our tuition and fees and room and board pages.

Student Loan Debt

It’s not uncommon for college students to take out loans to pay for school. In fact, almost 66% of students nationwide depend at least partially on loans. At Millikin, approximately 56% of students took out student loans averaging $6,969 a year. That adds up to $27,876 over four years for those students. The student loan default rate is 5.9%. This is significantly lower than the national default rate of 10.1%, which is a good sign that you’ll be able to pay back your student loans. Get more details about paying for Millikin University.

How Much Do Millikin University Graduates Earn?

$51,262 Avg Salary of Grads
Average Earnings Boost

Although some majors pay more than others, students who graduate from Millikin University with a bachelor’s degree go on to jobs where they make an average salary of $51,262 in their early years. This is right on par with the average college graduate’s salary of $49,219 per year. Also, graduates in your major field may make more. Average Salary for Millikin University Graduates

See which majors at Millikin University make the most money.

Where Is Millikin University Located?

Illinois State
1,382 Undergraduate Students
Small City Campus Setting

Millikin University is a private not-for-profit institution found in Decatur, Illinois. The surrounding area of the school is a good match for students who enjoy city life. Get more details about the location of Millikin University.

Location of Millikin University

Contact details for Millikin University are given below.

Contact Details
Address: 1184 W Main St, Decatur, IL 62522-2084
Phone: 2174246211
Website: www.millikin.edu
Wikipedia: en.wikipedia.org/wiki/Millikin_University
Twitter: www.twitter.com/MillikinU

What Majors Does Millikin University Offer?

21 Majors With Completions
798 Undergraduate Degrees

In the most recent reporting year, students from 21 majors graduated from Millikin University. The following table lists the most popular undergraduate majors along with the average salary graduates from those majors make.

Most Popular Majors Completions Average Salary of Graduates
Multi-Disciplinary Studies 399 NA
Business Administration & Management 46 $52,703
Drama & Theater Arts 35 $21,700
Nursing 34 $60,878
Health & Physical Education 31 $28,165
Teacher Education Subject Specific 23 $36,328
General Biology 21 $34,785
Teacher Education Grade Specific 21 $37,756
Criminology 14 NA
General Psychology 13 NA

Learn more about the majors offered at Millikin University along with which ones have the highest average starting salaries.

Does Millikin Offer Online Classes?

41% Take At Least One Class Online
4% Take All Classes Online

573 students took at least one online class at Millikin University.

Online courses are a great option for busy, working students as well as for those who have scheduling conflicts and want to study on their own time. As time goes by, expect to see more and more online learning options become available.

Learn more about online learning at Millikin University.

Interested in comparing Millikin? Compare them side by side using College Combat, our free tool for head-to-head college comparisons.

Notes and References

Footnotes

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

References

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