Cost & financial aid brief
Olivet Nazarene University Tuition, Costs & Financial Aid
How much does Olivet Nazarene University cost after financial aid?
Aid covers about 60% of the published cost for the average aid recipient, so the sticker-to-net gap is $31,252. That average does not describe any one family’s award, but it shows that grants and scholarships account for a large share of published costs among recipients.
Pricing is lowest in the next-lowest income band at $15,056, rather than in the lowest band at $17,232. Average net price then reaches $18,019 in the middle band, $23,218 in the next-highest band, and $25,580 in the highest band.
The $8,348 spread shows aid is concentrated more heavily in the lower income bands overall, though the pattern is not uniform between the two lowest bands.
The published price is only the starting point for aid recipients at Olivet Nazarene University. Cost of attendance is $51,981.
Average net price, what aid recipients pay after grants and scholarships, is $17,232 for the lowest family-income band, $15,056 for the lower-middle family-income band, $18,019 for the middle family-income band, $23,218 for the upper-middle family-income band, and $25,580 for the highest family-income band. The spread between the lowest and highest bands is $8,348.
Azimuth ranks the university #752 for affordability among nonprofit four-year institutions. For the average aid recipient, aid covers about 60% of the published cost, an average savings of $31,252 against the sticker price.
Across all aid recipients, the average net price is $20,729, which is $6,642 below the peer median of $27,371 at comparable institutions (same type and size). Published tuition and fees are $38,900, with room and board listed at $11,090.
Lower average net prices than comparable institutions sit alongside substantial published charges. Among federal-loan borrowers who completed, median federal student loan debt is $25,000.
That is $801 above the $24,199 peer median at comparable institutions (same type and size), and 95.4% of federal aid recipients borrow federal loans. That debt corresponds to an estimated payment of $284 a month if repaid over ten years.
Median Parent PLUS borrowing is $21,966.
Student loans: what does repayment look like?
Federal borrowing reaches 95.4% of federal aid recipients at Olivet Nazarene University, so the debt figures apply to a large share of the undergraduate population. Among completers who borrowed federal loans, median federal student loan debt at completion is $25,000.
The peer median for comparable institutions (same type and size) is $24,199, and the university’s median is $801 above that benchmark. For the separate parent-borrower population, median Parent PLUS borrowing is $21,966.
Borrowing is common, and the federal-debt median sits above the comparable-institution benchmark.
At Olivet Nazarene University, the return picture is mixed: earnings are near expectation, and federal debt is above the peer median. Federally aided completers working and not enrolled earn a median of $64,769 four years after completion, in the 65th percentile among nonprofit four-year institutions.
Graduates earn about $825 less than expects for similar students, effectively at the expected level. Earnings beyond expectations is the gap between what graduates earn and what the model expects for similar students; Azimuth places it in the 52nd percentile among nonprofit four-year institutions.
Program-mix scenarios place earnings at $44,370 in a downside case, $64,769 in a typical case, and $84,028 in an upside case. At completion, median federal student loan debt is $25,000.
It is $801 above the $24,199 peer median for comparable institutions (same type and size). That debt corresponds to an estimated payment of $284 a month if repaid over ten years. Near-expected earnings and above-peer debt make the return picture mixed.
For the separate parent-borrower population, median Parent PLUS borrowing is $21,966. The median federal debt corresponds to an estimated payment of $284 a month if repaid over ten years.
Repayment figures are in the Financial GPS card below. Borrowing populations and model assumptions.
Parent loans: what can the family afford?
How Parent PLUS borrowing affects families
- Median Parent PLUS debt
- $21,966
- Estimated parent payment
- $279/mo
| Household income | Share of income above basic expenses | Risk level |
|---|---|---|
| $35,000 | No room | High pressure |
| $50,000 | No room | High pressure |
| $75,000 | 16.4% | High pressure |
| $100,000 | 7.4% | Caution |
| $150,000 | 3.5% | Safe |
| $200,000 | 2.3% | Safe |
The 10-year payment on the median Parent PLUS balance, as a share of household income above basic expenses ($54,640 a year: 200% of the 2026 federal poverty guideline for a household of three). No room is High pressure. Open the parent tool for your own numbers. Read the assumptions and limits.
Student and parent loans: the monthly payments
Financial GPS
What does repayment look like?
- Institution median student debt
- $25,000
- Institution Parent PLUS debt
- $21,966
Federal loans only; private or institutional loans aren’t included.
- Estimated student payment · monthly
- $284/mo
- Estimated Parent PLUS payment · monthly
- $279/mo
- Modeled student + parent payments
- $563/mo
Payments use school-wide median balances, not a specific major’s.
Student payment as a share of available income
At median graduate earnings of $64,769, with a $23,940 annual allowance for basic expenses:
8.3% of income above the allowance · Good
- Excellent Under 8%
- Good 8–under 12% · selected scenario
- Concerning 12–20%
- High risk Over 20%
How this estimate works
These are modeled earnings scenarios, not observed earnings percentiles. Annual student payments ÷ (earnings − basic-expense allowance). The starting allowance, $23,940, uses the published framework’s 2026 baseline; it is not a current local living-cost estimate. Change it for your budget, including taxes and other obligations. This combines school-level figures for illustration, not a typical individual’s budget or an official school rating. Parent PLUS is separate.
Payment assumptions
Payments are 10-year standard payments on the median balance, before loan fees, used as a yardstick. Rates for newly issued loans may differ, and loans made after July 1, 2026 can repay over a longer term; existing loans keep their original fixed rates.
Data & methodology
Sources and reporting periods: methodology.
Analysis and methodology by Daniel Rogers, founder of College Azimuth.
Explanatory text is AI-assisted drafting checked against those figures; it is not an additional data source.
Figure notes link to sources and limitations. About College Azimuth.
Net price and borrowing. The 2023–24 income-band averages include living costs and cover eligible first-time, full-time aid recipients; public-school figures reflect in-state tuition. They are not individual aid offers. Peer matching supplies overall net prices, not matched income-band averages. College Scorecard data and documentation.
A personal student-risk assessment also needs your major and borrowing plan; these school-level illustrations do not assign you a personal risk zone.
Payments are 10-year standard payments on the median balance, before loan fees, used as a yardstick. Rates for newly issued loans may differ, and loans made after July 1, 2026 can repay over a longer term; existing loans keep their original fixed rates. Private-loan figures from the Common Data Set are separate from these federal repayment illustrations.