Illinois College

www.ic.edu

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2023 Undergraduate Tuition

$36,870

3% growth from 2022

2023 Average Net Price

$17,255

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

74.7%

3,660 Applicants

2023 Enrolled Students

958

95.3% Full-Time

2023 Graduation Rate

61.1%

157 Graduates

About

Illinois College is a higher education institution located in Morgan County, IL. In 2023, the most popular Bachelors Degree concentrations at Illinois College were General Psychology (26 degrees awarded), General Business Administration & Management (21 degrees), and Accounting (19 degrees).

In 2023, 337 degrees were awarded across all undergraduate and graduate programs at Illinois College. 58.8% of these degrees were awarded to women, and 41.2% awarded men. The most common race/ethnicity group of degree recipients was white (266 degrees), 9.5 times more than then the next closest race/ethnicity group, hispanic or latino (28 degrees).

The median undergraduate tuition at Illinois College is $36,870, which is $7,590 more than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Illinois College was 0%, corresponding to 0 out of the 279 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Illinois College is $36,870, which is $7,590 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $17,255.

In 2023, 95% of undergraduate students attending Illinois College received financial aid through grants. Comparatively, 85% of undergraduate students received financial aid through loans.

Tuition Costs

$36,870

2023 Undergraduate Tuition

In 2023, the cost of tuition at Illinois College was $36,870. The cost of tuition at Illinois College is $7,590 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

This chart compares the tuition costs of Illinois College (in red) with those of other similar universities.

Average Net Price

$17,255

2023 Value

5.88%

1 Year Growth

In 2023 Illinois College had an average net price — the price paid after factoring in grants and loans — of $17,255. Between 2022 and 2023, the average net price of Illinois College grew by 5.88%.

This chart compares the average net price of Illinois College (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

$8,132

Room and Board

The average yearly cost of room and board at Illinois College was of $8,132 in 2023. The cost of room and board increased by 4.16% between 2022 and 2023.

This chart compares the average student costs at Illinois College (in red) with that of similar universities.

Financial Aid by Income Level

95%

Undergraduates Receiving Financial Aid through Grants

85%

Undergraduates Receiving Financial Aid through Loans

95% of undergraduate students at Illinois College received financial aid through grants or loans in 2023. This represents a decline of 5% with respect to 2022, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at Illinois College (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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Illinois College was 0%, which represents 0 out of the 279 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

Illinois College received 3,660 undergraduate applications in 2023, which represents a 12.9% annual growth. Out of those 3,660 applicants, 2,733 students were accepted for enrollment, representing a 74.7% acceptance rate.

There were 958 students enrolled at Illinois College in 2023. 47% of first-time enrollees submitted SAT scores with their applications.

Illinois College has an overall enrollment yield of 9.26%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

74.7%

Acceptance Rate in 2023

2,733

Accepted Out of 3,660

In 2023, the undergraduate acceptance rate of Illinois College was 74.7% (2,733 admissions from 3,660 applications). This is lower than the acceptance rate of 2022, which was 77.2%. Between 2022 and 2023, the number of applicants grew by 12.9%, while admissions grew by 9.19%.

This chart compares the acceptance rate of Illinois College (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

47%

Submission Percentage (2023)

119

Scores Submitted (2023)

47% of enrolled first-time students at Illinois College in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Illinois College had a total enrollment of 958 students in 2023. The full-time enrollment at Illinois College is 913 students and the part-time enrollment is 45. This means that 95.3% of students enrolled at Illinois College are enrolled full-time.

The enrolled student population at Illinois College, both undergraduate and graduate, is 69.9% White, 9.92% Hispanic or Latino, 9.6% Black or African American, 2.82% Two or More Races, 0.835% Asian, and 0.209% American Indian or Alaska Native.

Students enrolled at Illinois College in full-time Undergraduate programs are most commonly White Female (37.7%), followed by White Male (32.5%) and Black or African American Male (5.68%). Students enrolled in full-time Graduate programs are most commonly White Female (100%).

Full-Time vs Part-Time Enrollment

95.3%

Full-Time Enrollment

The total enrollment at Illinois College in 2023, both undergraduate and graduate, is 958 students. The full-time enrollment at Illinois College is 913 and the part-time enrollment is 45. This means that 95.3% of students enrolled at Illinois College are enrolled full-time compared with 78.8% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Illinois College (in red) compares to similar universities.

Retention Rate over Time

70%

2023 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 Illinois College was 70%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Illinois College had a retention rate lower than its peers.

This chart shows the retention rate over time at Illinois College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
670 enrolled students
Hispanic or Latino
95 enrolled students
Black or African American
92 enrolled students

The enrolled student population at Illinois College is 69.9% White, 9.92% Hispanic or Latino, 9.6% Black or African American, 2.82% Two or More Races, 0.835% Asian, and 0.209% 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 Baccalaureate Colleges is 53.2% White, 14.1% Hispanic or Latino, and 12.9% 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, 10 students (1.04%) did not report their race.

Graduates

In 2023, 59 more women than men received degrees from Illinois College. The most common race/ethnicity group of degree recipients at Illinois College is white (266 degrees awarded). There were 9.5 times more white recipients than the next closest race/ethnicity group, hispanic or latino (28 degrees).

The most common Bachelor's Degree concentration at Illinois College is General Psychology (26 degrees awarded), followed by General Business Administration & Management (21 degrees) and Accounting (19 degrees).

In 2023, the most specialized majors across all degree types at Illinois College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are English (22 degrees awarded), Agriculture (18 degrees), and History (11 degrees).

Common Jobs by Major

Lawyers, & judges, magistrates, & other judicial workers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Illinois College are Lawyers, & judges, magistrates, & other judicial workers (506,633 people), Physicians (441,532 people), Other managers (439,181 people), Postsecondary teachers (299,724 people), and Elementary & middle school teachers (293,667 people).

The most specialized majors at Illinois College in 2023 are English (22 degrees awarded), Agriculture (18 degrees), History (11 degrees), Social Sciences (39 degrees), and Biology (34 degrees) (as of 2023).

Highest Paying Jobs by Major

Diagnostic medical sonographers

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Illinois College are Diagnostic medical sonographers, Surgeons, Magnetic resonance imaging technologists, Physicians, and Nuclear medicine technologists and medical dosimetrists

The most specialized majors at Illinois College are English (22 degrees awarded), Agriculture (18 degrees), History (11 degrees), Social Sciences (39 degrees), and Biology (34 degrees) (as of 2023).

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 Illinois College are Elementary & secondary schools (777,950 people), Colleges, universities & professional schools, including junior colleges (772,662 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (653,364 people), Legal services (406,861 people), and Computer Systems Design (338,316 people).

The most specialized majors at Illinois College are English (22 degrees awarded), Agriculture (18 degrees), History (11 degrees), Social Sciences (39 degrees), and Biology (34 degrees) (as of 2023).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Illinois College.

Most Common (2023)

General Psychology
26 degrees awarded
General Business Administration & Management
21 degrees awarded
Accounting
19 degrees awarded

In 2023, the most common bachelors degree concentration at Illinois College was General Psychology with 26 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Illinois College according to their major.

Sex Breakdown for Common Majors

139

Degrees Awarded to Men

in 2023

198

Degrees Awarded to Women

in 2023

In 2023, 139 degrees were awarded to men at Illinois College, which is 0.702 times less than the number of degrees awarded to females (198).

This chart displays the sex disparity between the top 5 majors at Illinois College by degrees awarded.

Most Common Male Majors

In 2023, 13 degrees were awarded to men at Illinois College in Criminology, which is 3.25 times more than the 4 female recipients with that same degree.

Most Common Female Majors

In 2023, 21 degrees were awarded to men at Illinois College in General Psychology, which is 4.2 times more than the 5 male recipients with that same degree.

Time to Complete

62%

100% Completion Time

64%

150% Completion Time

In 2023, 62% of students graduating from Illinois College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 64% completed their degrees within 150% of the normal time, and 64% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges 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 2023 at Illinois College is Male and Asian (100% graduation rate). Across all Baccalaureate Colleges, Non-resident Alien Male students have the highest graduation rate (65.7%).

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, 0% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
266 degrees awarded
Hispanic or Latino
28 degrees awarded
Black or African American
25 degrees awarded

The most common race/ethnicity at Illinois College is white (266 degrees awarded). There were 9.5 times more white recipients than the next closest race/ethnicity group, hispanic or latino (28 degrees).

1.19% of degree recipients (4 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
151 degrees awarded
White Male
115 degrees awarded
Hispanic or Latino Female
21 degrees awarded

The most common race/ethnicity and sex grouping at Illinois College is white female (151 degrees awarded). There were 1.31 times more white female recipients than the next closest race/ethnicity group, white male (115 degrees).

Operations

Illinois College has an endowment valued at nearly $139M, as of the end of the 2023 fiscal year. The return on its endowment was of 2.92M (2.1%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Illinois College had a total salary expenditure of 39M. Illinois College employs 25 Assistant professors, 21 Professors and 18 Associate professors. Most academics at Illinois College are Female Assistant professor (18), Male Associate professor (12), and Male Professor (12).

The most common positions for non-instructional staff at Illinois College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 45 employees, Business and Financial Operations, with 33 employees, and Management with 28 employees.

Endowment

$139M

2023 Endowment

4.87%

decline from 2022

Illinois College has an endowment valued at about $139M, as of the end of the 2023 fiscal year. The endowment of Illinois College declined 4.87% from the previous year. The value of their endowment was $88M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Illinois College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Arts & Sciences Focus Carnegie Classification grouping.

Salary Expenditure

$14.6M

2023 Salaries

0.677%

growth from 2022

In 2023, Illinois College paid a median of $14.6M in salaries, which represents 37.4% of their overall expenditure ($39M) and a 0.677% growth from the previous year. This is compared to a 2.97% growth between 2021 and 2022, and a 2.81% growth between 2020 and 2021.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$5.05M

Instructional Salaries

Number of Employees

In 2023, Illinois College paid a total of $5.05M to 73 employees working as instructors, which represents 34.7% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

Occupations by Share

Assistant professor

Most Common Instructor

25 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

45 Employees

In 2023, the most common positions for instructional staff at Illinois College were Assistant professor with 25 employees, Professor with 21 employees, and Associate professor with 18 employees.

In 2023, the most common positions for non-instructional staff at Illinois College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 45 employees, Business and Financial Operations with 33 employees, and Management with 28 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Assistant professor
Male Associate professor
Male Professor

In 2023, the most common demographic for instructional staff at Illinois College was Female Assistant professor with 18 employees, Male Associate professor with 12 employees, and Male Professor with 12 employees.

This chart shows the sex split between each academic rank present at Illinois College.

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