Olivet Nazarene University
Bourbonnais, IL, USA

Tuition, Cost & Aid

Affordability and Cost

Average Net Price Average net price for full-time, first-time degree/certificate-seeking undergraduates paying the in-state or in-district tuition rate who were awarded grant or scholarship aid from federal, state or local governments, or the institution. Other sources of grant aid are excluded. Aid awarded anytime during the full aid year is included.

Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
$21,043
Calculate your net cost
Average Net Price By Family Income
Income
Average Amount
< $30k
$17,884
$30k - $48k
$16,837
$48k - $75k
$18,941
$75k - $110k
$22,143
$110k+
$22,996
Tuition
In-State Tuition In-state tuition is the tuition charged by institutions to those students who meet the state's or institution's residency requirements. In-district tuition is the tuition charged by the institution to those students residing in the locality in which they attend school and may be a lower rate than in-state tuition if offered by the institution.
$36,950
Out-of-State Tuition Out-of-state tuition is the tuition charged by institutions to those students who do not meet the state’s or institution’s residency requirements. Out-of-district tuition is the tuition charged by the institution to those students not residing in the locality in which they attend school.
$36,950
Additional Costs
Room and Board The weighted average for room and board and other expenses is generated as follows:
  • (amount for on-campus room, board and other expenses * # of students living on-campus.
  • + amount for off-campus (with family) room, board and other expenses * # of students living off-campus with family
  • + amount for off-campus (not with family) room, board and other expenses * # of students living off-campus not with family)
divided by the total # of students. Students whose living arrangements are unknown are excluded from the calculation. For some institutions the # of students by living arrangement will be known, but dollar amounts will not be known. In this case the # of students with no corresponding dollar amount will be excluded from the denominator.
$8,990
Books and Supplies
$1,000
Tuition Payment Plan
Yes
Financial Aid: visit page
Financial Aid Email: [email protected]

Aid & Grants

0
100
85%
Need Met
Students Receiving Gift Aid Percent of undergraduate students awarded federal gift aid. Federal gift aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
32%
Average Aid Per Year
$25,347
Students Receiving Grants Percent of undergraduate students awarded grant aid. Grant aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
32%
Average Federal Grant Aid Per Year
$4,738
Average Institution Grant Aid Per Year
$22,361
Students receiving state aid
26%
Average State Grant Aid Per Year
$4,560
Students receiving federal aid
38%
Average Federal Grant Aid Per Year
$4,738
Average Grant & Scholarship By Family Income
Income
Average Amount
< $30k
$29,434
$30k - $48k
$31,239
$48k - $75k
$29,052
$75k - $110k
$23,859
$110k+
$21,510
Total Needs Based Scholarships/Grants Total amount of grant or scholarship aid awarded to all undergraduates from the federal government, state/local government, the institution, and other sources known to the institution.
$58,991,640
Total Non-Need-Based Scholarships/Grants
$15,645,201

Student Loans

Students Borrowing Loans Loans to students - Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally- and privately-sponsored loans. Does not include PLUS and other loans made directly to parents.
77%
Average Loan Amount Per Year
$6,818
Students receiving federal loans
77%
Average Federal Loans Per Year
$5,658
Average Other Loans Per Year
$10,649
Average Debt at Graduation The median federal debt of undergraduate borrowers who graduated. This figure includes only federal loans; it excludes private student loans and Parent PLUS loans.
$19,000
Loan Default Rate
4%
US National: 7%
Median Monthly Loan Payment The median monthly loan payment for student borrowers who completed, if it were repaid over 10 years at a 5.05% interest rate.
$259

What Students Are Saying

3.85 Average Rating
It's fairly expensive but it is very nice. And the food really isn't that bad either.
Andy from Peoria, IL
Olivet is fairly expensive compared to state universities. I am responsible for paying for my education and I think ONU is worth all of the student loans that I will have to pay off. The education is top notch and the professors are very student-centered. The dorms were great to live in my freshman year and I am especially liking living in the apartments my sophomore year. Although we complain about the food a lot, it really is not as bad as it could be. There are a lot of different types of food to chose from in the main dining hall. If all else fails, you are pretty safe getting a burger from the grille and a salad.
Nicole
Let's be honest, it is expensive, but for being a private school, it is actually average in price. It is definitely worth the price to go though, the campus is becoming more beautiful everyday, the staff is incredible, and the experience is unrivaled!
Kyle from Springfield, IL
Yea, it's expensive. On a scale of expensive colleges, Olivet is really expensive. But I can see all of my dollars being to put to use all the time. We have tons of resources available for study help, a great chapel where we can all go to service together, wonderful professors, great custodial staff, which makes for clean bathrooms, and really nice sidewalks. There's a ton of campus activities that anyone can participate in, lots of apartments for housing, clean buildings, work study opportunities, and 99% of the students here receive financial aid. It starts off expensive, but they give you a lot of help if you really want to come here, and they put the money to really good use.
Melyssa from Parma, MI
This school is pricey but they help out as much as they can with scholarships and financial aid. They will inform you of any change to your account and also help you understand what your paying and why.
Alexis from Trotwood, OH
Olivet is pretty good about giving out scholarships for academic and sports related things. There are also plenty of scholarships that you can apply for. I don't think that I have wasted any money coming to this school.
Hayley from Normal, IL
Though very costly, there are a variety of scholarships to look into. Army ROTC, and sports scholarship are just two of the many.
Lauren from Modesto, CA
You definitely earn it and feel like a better person!
Virginia from Wheaton, IL

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