Mount Vernon Nazarene University

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2017 Undergraduate Tuition

$18,696

0.36% growth from 2016

2017 Average Net Price

$20,880

After Financial Aid

2016 Student Loan

5.8%

Default Rate

2017 Acceptance Rate

76.7%

1,191 Applicants

2017 Enrolled Students

2,222

74.6% Full-Time

2017 Graduation Rate

62.8%

221 Graduates

About

Mount Vernon Nazarene University is a higher education institution located in Knox County, OH. In 2016, the most popular Bachelor's Degree concentrations at Mount Vernon Nazarene University were General Business Administration & Management (103 degrees awarded), Social Work (63 degrees), and Registered Nursing (46 degrees).

In 2017, 585 degrees were awarded across all undergraduate and graduate programs at Mount Vernon Nazarene University. 62.1% of these degrees were awarded to women, and 37.9% awarded men. The majority of degree recipients were white (495 degrees), 15 times more than then the next closest race/ethnicity group, unknown (33 degrees).

The median undergraduate tuition at Mount Vernon Nazarene University is $18,696, which is $-2,037 less than the national average for Masters Colleges and Universities ($20,733).

Costs

The median undergraduate tuition at Mount Vernon Nazarene University is $18,696, which is $-2,037 less than the national average for Masters Colleges and Universities ($20,733).

After taking grants and loans into account, the average net price for students is $20,880.

In 2017, 84% of undergraduate students received federal grants, while 63% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$18,696

2017 Undergraduate Tuition

In 2017, the cost of tuition at Mount Vernon Nazarene University was $18,696. The cost of tuition at Mount Vernon Nazarene University is $-2,037 less than than the overall (public and private) national average for Masters Colleges and Universities ($20,733).

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

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Average Net Price

$20,880

2017 Value

8.55%

1 Year Growth

In 2017 Mount Vernon Nazarene University had an average net price — the price paid after factoring in grants and loans — of $20,880. Between 2016 and 2017, the average net price of Mount Vernon Nazarene University grew by 8.55%.

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.

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Other Student Expenses

$5,850

Room and Board

$1,400

Books and Supplies

The average yearly cost of room and board at Mount Vernon Nazarene University was of $5,850 in 2017. During the same period, the average yearly cost of books and supplies was $1,400. The cost of room and board increased by 3.45% between 2016 and 2017. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

84%

Of Undergraduates Receive Grants

63%

Of Undergraduates Receive Federal Loans

84% of undergraduate students at Mount Vernon Nazarene University received grants or loans in 2017. This represents a growth of 2.44% with respect to 2016, when 82% 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.

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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.

5.8%

2016 Default Rate

44

Number of Defaults

In 2016 the default rate for borrower's at Mount Vernon Nazarene University was 5.8%, which represents 44 out of the 759 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.

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Admissions

Mount Vernon Nazarene University received 1,191 undergraduate applications in 2017, which represents a 6.66% annual decline. Out of those 1,191 applicants, 914 students were accepted for enrollment, representing a 76.7% acceptance rate.

There were 2,222 students enrolled at Mount Vernon Nazarene University in 2017, and 6% of first-time enrollees submitted SAT scores with their applications.

Mount Vernon Nazarene University has an overall enrollment yield of 36.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

76.7%

Acceptance Rate in 2017

914

Accepted Out of 1,191

In 2017, the undergraduate acceptance rate of Mount Vernon Nazarene University was 76.7% (914 admissions from 1,191 applications). This is higher than the acceptance rate of 2016, which was 74.2%. Between 2016 and 2017, the number of applicants declined by -6.66%, while admissions declined by -3.48%.

This chart compares the acceptance rate of Mount Vernon Nazarene University (in red) with that of other similar universities.

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SAT Scores

6%

Submission Percentage

19

Scores Submitted

6% of enrolled first-time students at Mount Vernon Nazarene University in 2017 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.

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Enrollment

Mount Vernon Nazarene University has a total enrollment of 2,222 students. The full-time enrollment at Mount Vernon Nazarene University is 1,657 students and the part-time enrollment is 565. This means that 74.6% 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 84.5% White, 4.01% Black or African American, 2.3% Hispanic or Latino, 2.3% Two or More Races, 0.765% Asian, 0.135% Native Hawaiian or Other Pacific Islanders, and 0.09% American Indian or Alaska Native.

Students enrolled at Mount Vernon Nazarene University in full-time Undergraduate programs are majority White Female (54.2%), followed by White Male (30.8%) and Two or More Races Female (1.88%). Students enrolled in full-time Graduate programs are majority White Female (45.2%), followed by White Male (32.3%) and Black or African American Female (7.83%).

Full-Time vs Part-Time Enrollment

74.6%

Full-Time Enrollment

The total enrollment at Mount Vernon Nazarene University, both undergraduate and graduate, is 2,222 students. The full-time enrollment at Mount Vernon Nazarene University is 1,657 and the part-time enrollment is 565. This means that 74.6% of students enrolled at Mount Vernon Nazarene University are enrolled full-time compared with 68.6% 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.

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Retention Rate over Time

79%

2017 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 79%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    1,877

  2. Black or African American

    89

  3. Hispanic or Latino

    51

The enrolled student population at Mount Vernon Nazarene University is 84.5% White, 4.01% Black or African American, 2.3% Hispanic or Latino, 2.3% Two or More Races, 0.765% Asian, 0.135% Native Hawaiian or Other Pacific Islanders, and 0.09% American Indian or Alaska Native. 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 54.4% White, 15% Hispanic or Latino, and 13.2% 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, 122 students (5.49%) did not report their race.

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Graduates

In 2017, 141 more women than men received degrees from Mount Vernon Nazarene University. The majority of degree recipients at Mount Vernon Nazarene University are white (495 degrees awarded). There were 15 times more white graduates than the next closest race/ethnicity group, unknown (33 degrees).

The most common Bachelor's Degree concentration at Mount Vernon Nazarene University is General Business Administration & Management (103 degrees awarded), followed by Social Work (63 degrees) and Registered Nursing (46 degrees).

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 (21 degrees awarded), Theology (22 degrees), and Public Administration and Social Service (63 degrees).

Workforce

Common Jobs by Major

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 (2,024,720 people), Accountants & auditors (1,109,033 people), Other managers (659,518 people), Financial managers (433,866 people), and Chief executives & legislators (339,194 people).

The most specialized majors at Mount Vernon Nazarene University are Philosophy and Religious Studies (21 degrees awarded), Theology (22 degrees), Public Administration and Social Service (63 degrees), Business (218 degrees), and Education (70 degrees).

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Highest Paying Jobs by Major

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, Geoscientists and hydrologists, except geographers, Dentists, Physicians, and Magnetic resonance imaging technologists

The most specialized majors at Mount Vernon Nazarene University are Philosophy and Religious Studies (21 degrees awarded), Theology (22 degrees), Public Administration and Social Service (63 degrees), Business (218 degrees), and Education (70 degrees).

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Common Industries by Major

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 (3,092,216 people), Colleges, universities & professional schools, including junior colleges (525,917 people), Banking & related activities (504,459 people), Computer Systems Design (433,309 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (428,989 people).

The most specialized majors at Mount Vernon Nazarene University are Philosophy and Religious Studies (21 degrees awarded), Theology (22 degrees), Public Administration and Social Service (63 degrees), Business (218 degrees), and Education (70 degrees).

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Degrees

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

  1. 103 degrees awarded

  2. 63 degrees awarded

  3. 46 degrees awarded

In 2017, the most common bachelors degree concentration at Mount Vernon Nazarene University was General Business Administration & Management with 103 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 222

  2. 363

In 2017, 222 degrees were awarded to men at Mount Vernon Nazarene University, which is 0.612 times less than the number of degrees awarded to females (363).

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

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Most Common Male Majors

In 2017, 96 degrees were awarded to men at Mount Vernon Nazarene University in General Business Administration & Management, which is 0.97 times less than the 99 female recipients with that same degree.

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Most Common Female Majors

In 2017, 99 degrees were awarded to women at Mount Vernon Nazarene University in General Business Administration & Management, which is 1.03 times more than the 96 male recipients with that same degree.

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Time to Complete

57%

100% Completion Time

58%

150% Completion Time

In 2017, 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, 58% completed their degrees within 150% of the normal time, and 59% 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Hispanic or Latino Male

Highest Graduation Rate (66.7%)

The student demographic with the highest graduation rate at Mount Vernon Nazarene University is Male and Hispanic or Latino (66.7% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (68.1%).

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, 2.26% of graduates (5 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    495 degrees awarded

  2. Unknown

    33 degrees awarded

  3. Black or African American

    30 degrees awarded

The most common race/ethnicity at Mount Vernon Nazarene University is white (495 degrees awarded). There were 15 times more white recipients than the next closest race/ethnicity group, unknown (33 degrees).

5.64% of degree recipients (33 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    311 degrees awarded

  2. White Male

    184 degrees awarded

  3. Black or African American Female

    21 degrees awarded

The most common race/ethnicity and gender grouping at Mount Vernon Nazarene University is white female (311 degrees awarded). There were 1.69 times more white female recipients than the next closest race/ethnicity group, white male (184 degrees).

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Operations

Mount Vernon Nazarene University has an endowment valued at nearly $19.7M, as of the end of the 2017 fiscal year. The return on its endowment was of $2.12M (10.8%), compared to the 6.94% average return ($2.3M on $33.1M) across all Masters Colleges and Universities.

In 2017, Mount Vernon Nazarene University had a total salary expenditure of $35.2M. Mount Vernon Nazarene University employs 27 Professors, 27 Assistant professors, and 10 Associate professors. Most academics at Mount Vernon Nazarene University are Male Professors (22), Female Assistant professors(17), and Male Assistant professors (10).

The most common positions for non-instructional staff at Mount Vernon Nazarene University are: Management, with 44 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 42 employees, and Office and Administrative Support with 37 employees.

Finances

Endowment

$19.7M

2017 Endowment

13.6%

growth from 2016

Mount Vernon Nazarene University has an endowment valued at about $19.7M, as of the end of the 2017 fiscal year. The endowment of Mount Vernon Nazarene University grew 13.6% from the previous year. The value of their endowment was $13.5M 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.

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Government Grants and Contracts

Grants & Contracts

  1. $152k - Federal

  2. $356k - State

  3. $0 - Local

As of 2017, Mount Vernon Nazarene University received $152k in grants and contracts from the federal government, $356k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$13.6M

2017 Salaries

1.83%

growth from 2016

In 2017, Mount Vernon Nazarene University paid a median of $13.6M in salaries, which represents 38.8% of their overall expenditure ($35.2M) and a 1.83% growth from the previous year. This is compared to a 14.2% decline from 2015 and a 2.23% decline from 2014.

The median for similar Masters Colleges and Universities is 31.4M (40.5% of overall expenditures).

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Instructional Salaries

$3.57M

Instructional Salaries

64

Number of Employees

In 2017, Mount Vernon Nazarene University paid a total of $3.57M to 64 employees working as instructors, which represents 26.1% of all salaries paid.

This is compared to a median of $16.8M (34%) for similar Masters Colleges & Universities: Larger Programs.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

27 Employees

Management

Most Common Non-Instructional Employee

44 Employees

In 2017, the most common positions for instructional staff at Mount Vernon Nazarene University were Professor with 27 employees; Assistant professor with 27 employees; and Assistant professor with 10 employees.

In 2017, the most common positions for non-instructional staff at Mount Vernon Nazarene University were Management with 44 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 42 employees; and Office and Administrative Support with 37 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Female Assistant professor

  3. Male Assistant professor

In 2017, the most common demographic for instructional staff at Mount Vernon Nazarene University was Male Professor with 22 employees, Female Assistant professor with 17 employees, and Male Assistant professor with 10 employees.

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

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