Olivet Nazarene University
Bourbonnais, Illinois
Olivet Nazarene University is a private institution in Bourbonnais, Illinois with 2,485 undergraduate students. For nursing students, the useful read is not just whether a program exists, but how its tuition, completion rates, debt, and earnings compare with nearby options.
In-state tuition is $37,940 compared with a Illinois nursing-school average of $17,333. The school reports a graduation rate of 60.3%, median earnings of $53,213, and median federal debt of $25,000.
$37,940 is higher than the state average of $17,333.
60.3% is higher than the state average of 51.1%.
$53,213 is higher than the state average of $46,394.
About Olivet Nazarene University
| Location | Bourbonnais, Illinois |
| Institution Type | Private Nonprofit |
| Highest Degree | graduate |
| Website | www.olivet.edu |
| In-State Tuition | $37,940 |
| Out-of-State Tuition | $37,940 |
| Total Enrollment | 2,485 |
| Acceptance Rate | 66.9% |
| Graduation Rate | 60.3% |
| Retention Rate | 68.1% |
| Median Earnings (10 yrs after) | $53,213 |
| Median Debt at Graduation | $25,000 |
| Est. Monthly Loan Payment | $265 |
| Pell Grant Recipients | 35.3% |
| Students Receiving Loans | 68.0% |
| Loan Default Rate | 0.0% |
| Nursing Program | Available |
Cost and Return Snapshot
Based on published tuition, median debt, and earnings data
A typical graduate debt load would equal about 0.5 years of post-payment earnings capacity using the reported median earnings and 10-year monthly payment estimate.
Affordability Context
35.3% of students receive Pell Grants, a useful signal for how often the school serves lower-income students. 68.0% of students take federal loans, so borrowing is common in the student body. The three-year loan default rate is 0.0%, which helps frame repayment risk alongside earnings and debt.
Cost and Outcomes Context
The value picture at Olivet Nazarene University depends on the relationship between price, borrowing, and outcomes. A simple four-year tuition estimate is $151,760, while the reported median debt is $25,000 with an estimated monthly payment of $265. These figures should be compared with aid offers and program-specific requirements before making a final decision.
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Student Demographics
The student body is largest among White students (61.0%), followed by Hispanic students (14.1%) and Black students (9.6%).
Value Score
Median earnings ($53,213) divided by median debt ($25,000)