Mount Vernon Nazarene University

www.mvnu.edu/

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2021 Undergraduate Tuition

$23,483

4.83% growth from 2020

2021 Average Net Price

$23,440

After Financial Aid

2019 Student Loan

0.34%

Default Rate

2021 Acceptance Rate

87.2%

1,182 Applicants

2021 Enrolled Students

2,064

76.6% Full-Time

2021 Graduation Rate

58.8%

207 Graduates

About

Mount Vernon Nazarene University is a higher education institution located in Knox County, OH. In 2021, the most popular Bachelors Degree concentrations at Mount Vernon Nazarene University were General Business Administration & Management (75 degrees awarded), Social Work (48 degrees), and Registered Nursing (44 degrees).

In 2021, 621 degrees were awarded across all undergraduate and graduate programs at Mount Vernon Nazarene University. 61.5% of these degrees were awarded to women, and 38.5% awarded men. The most common race/ethnicity group of degree recipients was white (530 degrees), 14.3 times more than then the next closest race/ethnicity group, black or african american (37 degrees).

The median undergraduate tuition at Mount Vernon Nazarene University is $23,483, which is $299 more than the national average for Masters Colleges and Universities ($23,184).

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2021, the median undergraduate tuition at Mount Vernon Nazarene University is $23,483, which is $299 more than the national average for Masters Colleges and Universities ($23,184).

After taking grants and loans into account, the average net price for students is $23,440.

In 2021, 71% of undergraduate students attending Mount Vernon Nazarene University received financial aid through grants. Comparatively, 62% of undergraduate students received financial aid through loans.

Tuition Costs

$23,483

2021 Undergraduate Tuition

In 2021, the cost of tuition at Mount Vernon Nazarene University was $23,483. The cost of tuition at Mount Vernon Nazarene University is $299 more than than the overall (public and private) national average for Masters Colleges and Universities ($23,184).

This chart compares the tuition costs of Mount Vernon Nazarene University (in red) with those of other similar universities.

Average Net Price

$23,440

2021 Value

5.21%

1 Year Growth

In 2021 Mount Vernon Nazarene University had an average net price — the price paid after factoring in grants and loans — of $23,440. Between 2020 and 2021, the average net price of Mount Vernon Nazarene University grew by 5.21%.

This chart compares the average net price of Mount Vernon Nazarene University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$6,695

Room and Board

$1,400

Books and Supplies

The average yearly cost of room and board at Mount Vernon Nazarene University was of $6,695 in 2021. The cost of room and board increased by 3.02% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,400. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Mount Vernon Nazarene University (in red) with that of similar universities.

Financial Aid by Income Level

71%

Undergraduates Receiving Financial Aid through Grants

62%

Undergraduates Receiving Financial Aid through Loans

71% of undergraduate students at Mount Vernon Nazarene University received financial aid through grants or loans in 2021. This represents a decline of 20.2% with respect to 2020, when 89% of undergraduate students received financial aid.

This chart compares the average award discount at Mount Vernon Nazarene University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

0.34%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Mount Vernon Nazarene University was 0.34%, which represents 2 out of the 589 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Mount Vernon Nazarene University received 1,182 undergraduate applications in 2021, which represents a 11.9% annual growth. Out of those 1,182 applicants, 1,031 students were accepted for enrollment, representing a 87.2% acceptance rate.

There were 2,064 students enrolled at Mount Vernon Nazarene University in 2021. 13% of first-time enrollees submitted SAT scores with their applications.

Mount Vernon Nazarene University has an overall enrollment yield of 28.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

87.2%

Acceptance Rate in 2021

1,031

Accepted Out of 1,182

In 2021, the undergraduate acceptance rate of Mount Vernon Nazarene University was 87.2% (1,031 admissions from 1,182 applications). This is higher than the acceptance rate of 2020, which was 72.5%. Between 2020 and 2021, the number of applicants grew by 11.9%, while admissions grew by 6.07%..

This chart compares the acceptance rate of Mount Vernon Nazarene University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

13%

Submission Percentage (2021)

Scores Submitted (2021)

13% of enrolled first-time students at Mount Vernon Nazarene University in 2021 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

Mount Vernon Nazarene University had a total enrollment of 2,064 students in 2021. The full-time enrollment at Mount Vernon Nazarene University is 1,582 students and the part-time enrollment is 482. This means that 76.6% of students enrolled at Mount Vernon Nazarene University are enrolled full-time.

The enrolled student population at Mount Vernon Nazarene University, both undergraduate and graduate, is 86.5% White, 3.34% Black or African American, 3.1% Two or More Races, 2.71% Hispanic or Latino, 1.11% Asian, 0.291% American Indian or Alaska Native, and 0.0484% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Mount Vernon Nazarene University in full-time Undergraduate programs are most commonly White Female (53.1%), followed by White Male (35.2%) and Hispanic or Latino Female (1.77%). Students enrolled in full-time Graduate programs are most commonly White Female (52%), followed by White Male (32.3%) and Black or African American Female (5.83%).

Full-Time vs Part-Time Enrollment

76.6%

Full-Time Enrollment

The total enrollment at Mount Vernon Nazarene University in 2021, both undergraduate and graduate, is 2,064 students. The full-time enrollment at Mount Vernon Nazarene University is 1,582 and the part-time enrollment is 482. This means that 76.6% of students enrolled at Mount Vernon Nazarene University are enrolled full-time compared with 68.3% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at Mount Vernon Nazarene University (in red) compares to similar universities.

Retention Rate over Time

78%

2021 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Mount Vernon Nazarene University was 78%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Mount Vernon Nazarene University had a retention rate higher than its peers.

This chart shows the retention rate over time at Mount Vernon Nazarene University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
1,786 enrolled students
Black or African American
69 enrolled students
Two or More Races
64 enrolled students

The enrolled student population at Mount Vernon Nazarene University is 86.5% White, 3.34% Black or African American, 3.1% Two or More Races, 2.71% Hispanic or Latino, 1.11% Asian, 0.291% American Indian or Alaska Native, and 0.0484% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 52% White, 16.9% Hispanic or Latino, and 12.8% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 44 students (2.13%) did not report their race.

Graduates

In 2021, 143 more women than men received degrees from Mount Vernon Nazarene University. The most common race/ethnicity group of degree recipients at Mount Vernon Nazarene University is white (530 degrees awarded). There were 14.3 times more white recipients than the next closest race/ethnicity group, black or african american (37 degrees).

The most common Bachelor's Degree concentration at Mount Vernon Nazarene University is General Business Administration & Management (75 degrees awarded), followed by Social Work (48 degrees) and Registered Nursing (44 degrees).

In 2021, the most specialized majors across all degree types at Mount Vernon Nazarene University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are PHILOSOPHY AND RELIGIOUS STUDIES. (18 degrees awarded), Public Administration and Social Service (53 degrees), and THEOLOGY AND RELIGIOUS VOCATIONS. (11 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Mount Vernon Nazarene University are Elementary & middle school teachers (1,630,646 people), Secondary school teachers (416,912 people), Education administrators (260,993 people), Special education teachers (172,582 people), and Social workers, all other (168,933 people).

The most specialized majors at Mount Vernon Nazarene University in 2021 are PHILOSOPHY AND RELIGIOUS STUDIES. (18 degrees awarded), Public Administration and Social Service (53 degrees), THEOLOGY AND RELIGIOUS VOCATIONS. (11 degrees), EDUCATION. (128 degrees), and Parks, Recreation, & Leisure (19 degrees) (as of 2021).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Mount Vernon Nazarene University are Surgeons, Cardiovascular technologists and technicians, Aerospace engineers, Computer and information research scientists, and Securities, commodities, & financial services sales agents

The most specialized majors at Mount Vernon Nazarene University are PHILOSOPHY AND RELIGIOUS STUDIES. (18 degrees awarded), Public Administration and Social Service (53 degrees), THEOLOGY AND RELIGIOUS VOCATIONS. (11 degrees), EDUCATION. (128 degrees), and Parks, Recreation, & Leisure (19 degrees) (as of 2021).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Mount Vernon Nazarene University are Elementary & secondary schools (2,758,296 people), Colleges, universities & professional schools, including junior colleges (280,861 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (210,200 people), Religious organizations (162,875 people), and Individual & family services (146,965 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Mount Vernon Nazarene University.

Most Common (2021)

General Business Administration & Management
75 degree-majors awarded
Social Work
48 degree-majors awarded
Registered Nursing
44 degree-majors awarded

In 2021, the most common bachelors degree concentration at Mount Vernon Nazarene University was General Business Administration & Management with 75 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Mount Vernon Nazarene University according to their major.

Sex Breakdown for Common Majors

239

Degrees Awarded to Men

in 2021

382

Degrees Awarded to Women

in 2021

In 2021, 239 degrees were awarded to men at Mount Vernon Nazarene University, which is 0.626 times less than the number of degrees awarded to females (382).

This chart displays the sex disparity between the top 5 majors at Mount Vernon Nazarene University by degrees awarded.

Most Common Male Majors

In 2021, 75 degrees were awarded to men at Mount Vernon Nazarene University in General Business Administration & Management, which is 1.47 times more than the 51 female recipients with that same degree.

Most Common Female Majors

In 2021, 51 degrees were awarded to men at Mount Vernon Nazarene University in General Business Administration & Management, which is 0.68 times less than the 75 male recipients with that same degree.

Time to Complete

57%

100% Completion Time

68%

150% Completion Time

In 2021, 57% of students graduating from Mount Vernon Nazarene University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 68% completed their degrees within 150% of the normal time, and 69% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Mount Vernon Nazarene University is Male and Asian (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (72.9%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 1.93% of graduates (4 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
530 degrees awarded
Black or African American
37 degrees awarded
Two or More Races
20 degrees awarded

The most common race/ethnicity at Mount Vernon Nazarene University is white (530 degrees awarded). There were 14.3 times more white recipients than the next closest race/ethnicity group, black or african american (37 degrees).

2.25% of degree recipients (14 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
326 degrees awarded
White Male
204 degrees awarded
Black or African American Female
24 degrees awarded

The most common race/ethnicity and sex grouping at Mount Vernon Nazarene University is white female (326 degrees awarded). There were 1.6 times more white female recipients than the next closest race/ethnicity group, white male (204 degrees).

Operations

Mount Vernon Nazarene University has an endowment valued at nearly $28.8M, as of the end of the 2021 fiscal year. The return on its endowment was of 6.22M (21.6%) compared to the 13.1% average return (6.61M on 50.4M) across all Masters Colleges and Universities.

In 2021, Mount Vernon Nazarene University had a total salary expenditure of 36.1M. Mount Vernon Nazarene University employs 27 Assistant professors, 24 Professors and 13 Associate professors. Most academics at Mount Vernon Nazarene University are Male Professor (18), Female Assistant professor (16), and Male Assistant professor (11).

The most common positions for non-instructional staff at Mount Vernon Nazarene University are: Management, with 59 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 34 employees, and Office and Administrative Support with 34 employees.

Endowment

$28.8M

2021 Endowment

24.1%

growth from 2020

Mount Vernon Nazarene University has an endowment valued at about $28.8M, as of the end of the 2021 fiscal year. The endowment of Mount Vernon Nazarene University grew 24.1% from the previous year. The value of their endowment was $21.6M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Mount Vernon Nazarene University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Larger Programs Carnegie Classification grouping.

Salary Expenditure

$13.7M

2021 Salaries

1.66%

decline from 2020

In 2021, Mount Vernon Nazarene University paid a median of $13.7M in salaries, which represents 37.9% of their overall expenditure ($36.1M) and a 1.66% decline from the previous year.

The median for similar Masters Colleges and Universities is 35.1M (41.3% of overall expenditures).

Instructional Salaries

$3.9M

Instructional Salaries

Number of Employees

In 2021, Mount Vernon Nazarene University paid a total of $3.9M to 66 employees working as instructors, which represents 28.5% of all salaries paid.

This is compared to a median of $11M (31.3%) for similar Masters Colleges and Universities.

Occupations by Share

Assistant professor

Most Common Instructor

27 Employees

Management

Most Common Non-Instructional Employee

59 Employees

In 2021, the most common positions for instructional staff at Mount Vernon Nazarene University were Assistant professor with 27 employees, Professor with 24 employees, and Associate professor with 13 employees.

In 2021, the most common positions for non-instructional staff at Mount Vernon Nazarene University were Management with 59 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 34 employees, and Office and Administrative Support with 34 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Female Assistant professor
Male Assistant professor

In 2021, the most common demographic for instructional staff at Mount Vernon Nazarene University was Male Professor with 18 employees, Female Assistant professor with 16 employees, and Male Assistant professor with 11 employees.

This chart shows the sex split between each academic rank present at Mount Vernon Nazarene University.