Millikin University

School Overview

Millikin University is located in Decatur, IL, 62522, set within a city environment that shapes the daily student experience. The university is ranked #15 among National Universities by U.S. News & World Report. It offers programs at the bachelor’s degree level, serving students with a range of academic interests and career aspirations.

With an acceptance rate of 67%, Millikin University offers a realistic pathway for students who have maintained a consistent academic record throughout high school. Successful applicants typically present SAT scores of 860-1130 and ACT scores of 18-25. The average high school GPA among enrolled freshmen is 3.3.

With just 1,496 undergraduates, Millikin University provides an intimate academic setting where small class sizes and close faculty mentorship are central to the student experience. The student-to-faculty ratio is 10:01, meaning professors are accessible for office hours, research mentorship, and one-on-one guidance. Approximately 78% of classes have fewer than 20 students, fostering the kind of seminar-style discussion and hands-on collaboration that deepens real understanding. The institution achieves a four-year graduation rate of 47%, a strong indicator that students receive the support they need to finish on time and move into their careers or further study.

The most popular fields of study at Millikin University include Visual and Performing Arts (21% of students, median early-career salary: $35,442), Business, Management, Marketing, and Related Support Services (18% of students, median early-career salary: $59,166), and Education (15% of students, median early-career salary: $40,735). These enrollment patterns reflect the institution's strengths and the career interests of its student body, giving prospective students a clear sense of the academic culture and post-graduation opportunities available here.

The published tuition and fees are $26,828 per year. Room and board adds approximately $14,686. However, the average net price after financial aid is $9,309, which is the amount most aided students actually pay — often considerably less than the sticker price. Need-based aid averages $25,486 per recipient, demonstrating the institution's commitment to making education financially accessible. For families evaluating the return on a college investment, these figures — combined with Millikin University's academic reputation and graduate outcomes — provide a concrete basis for comparison.

Choosing a college is one of the most significant decisions a student and family will make. Millikin University combines nationally recognized academic quality, a favorable student-to-faculty ratio, a diverse range of popular programs to create an environment where students can grow intellectually, build professional skills, and form lasting connections. We encourage prospective students to explore the detailed data on this page to determine whether Millikin University is the right fit for their academic and personal goals.