Eureka College

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2022 Undergraduate Tuition
$27,450
2022 Average Net Price
$19,443
After Financial Aid
2019 Default Rate
1.38%
on Student Loans
2022 Acceptance Rate
86.7%
934 Applicants
2022 Enrolled Students
559
93.7% Full-Time
2022 Graduation Rate
51%
78 Graduates

About

Eureka College is a higher education institution located in Woodford County, IL. In 2022, the most popular Bachelors Degree concentrations at Eureka College were General Business Administration & Management (22 degrees awarded), Criminal Justice And Corrections, General (19 degrees), and Elementary Education & Teaching (15 degrees).

In 2022, 143 degrees were awarded across all undergraduate and graduate programs at Eureka College. 53.8% of these degrees were awarded to women, and 46.2% awarded men. The most common race/ethnicity group of degree recipients was white (119 degrees), 10.8 times more than then the next closest race/ethnicity group, black or african american (11 degrees).

The median undergraduate tuition at Eureka College is $27,450, which is $−880 less than the national average for Baccalaureate Colleges ($28,330).

Costs

In 2022, the median undergraduate tuition at Eureka College is $27,450, which is $−880 less than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $19,443.

In 2022, 98% of undergraduate students attending Eureka College received financial aid through grants. Comparatively, 67% of undergraduate students received financial aid through loans.

Tuition Costs

$27,450
2022 Undergraduate Tuition

In 2022, the cost of tuition at Eureka College was $27,450. The cost of tuition at Eureka College is $−880 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

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

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Average Net Price

$19,443
2022 Value
7.11%
1 Year Growth

In 2022 Eureka College had an average net price — the price paid after factoring in grants and loans — of $19,443. Between 2021 and 2022, the average net price of Eureka College grew by 7.11%.

This chart compares the average net price of Eureka 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.

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Other Student Expenses

$10,229
Room and Board
$1,200
Books and Supplies

The average yearly cost of room and board at Eureka College was of $10,229 in 2022. The cost of room and board increased by 2.24% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

98%
Undergraduates Receiving Financial Aid through Grants
67%
Undergraduates Receiving Financial Aid through Loans

98% of undergraduate students at Eureka College received financial aid through grants or loans in 2022. This represents a growth of 1.03% with respect to 2021, when 97% of undergraduate students received financial aid.

This chart compares the average award discount at Eureka 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.

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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.
1.38%
2019 Default Rate
3
Number of Defaults

In 2019 the default rate for borrower's at Eureka College was 1.38%, which represents 3 out of the 217 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

Eureka College received 934 undergraduate applications in 2022, which represents a 6.5% annual growth. Out of those 934 applicants, 810 students were accepted for enrollment, representing a 86.7% acceptance rate.

There were 559 students enrolled at Eureka College in 2022. 48% of first-time enrollees submitted SAT scores with their applications.

Eureka College has an overall enrollment yield of 18.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

86.7%
Acceptance Rate in 2022
810
Accepted Out of 934

In 2022, the undergraduate acceptance rate of Eureka College was 86.7% (810 admissions from 934 applications). This is higher than the acceptance rate of 2021, which was 86.7%. Between 2021 and 2022, the number of applicants grew by 6.5%, while admissions grew by 6.58%..

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

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SAT Scores

48%
Submission Percentage (2021)
57
Scores Submitted (2021)

48% of enrolled first-time students at Eureka College in 2021 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.

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Enrollment

Eureka College had a total enrollment of 559 students in 2022. The full-time enrollment at Eureka College is 524 students and the part-time enrollment is 35. This means that 93.7% of students enrolled at Eureka College are enrolled full-time.

The enrolled student population at Eureka College, both undergraduate and graduate, is 71% White, 12.2% Black or African American, 8.23% Hispanic or Latino, 1.97% Two or More Races, 1.25% American Indian or Alaska Native, 0.358% Asian, and 0.179% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Eureka College in full-time Undergraduate programs are most commonly White Female (37%), followed by White Male (33%) and Black or African American Male (11.3%).

Full-Time vs Part-Time Enrollment

93.7%
Full-Time Enrollment

The total enrollment at Eureka College in 2022, both undergraduate and graduate, is 559 students. The full-time enrollment at Eureka College is 524 and the part-time enrollment is 35. This means that 93.7% of students enrolled at Eureka College are enrolled full-time compared with 79.6% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

57%
2022 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 Eureka College was 57%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Eureka College had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    397 enrolled students
  2. Black or African American
    68 enrolled students
  3. Hispanic or Latino
    46 enrolled students

The enrolled student population at Eureka College is 71% White, 12.2% Black or African American, 8.23% Hispanic or Latino, 1.97% Two or More Races, 1.25% American Indian or Alaska Native, 0.358% Asian, and 0.179% 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 Baccalaureate Colleges is 54.3% White, 13.8% Hispanic or Latino, and 13.1% 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, 21 students (3.76%) did not report their race.

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Graduates

In 2022, 11 more women than men received degrees from Eureka College. The most common race/ethnicity group of degree recipients at Eureka College is white (119 degrees awarded). There were 10.8 times more white recipients than the next closest race/ethnicity group, black or african american (11 degrees).

The most common Bachelor's Degree concentration at Eureka College is General Business Administration & Management (22 degrees awarded), followed by Criminal Justice And Corrections, General (19 degrees) and Elementary Education & Teaching (15 degrees).

In 2022,  the most specialized majors across all degree types at Eureka College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Parks, Recreation, & Leisure (13 degrees awarded), Protective Services (19 degrees), and Language & Linguistics (4 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Eureka College are Elementary & middle school teachers (1,670,563 people), Secondary school teachers (533,826 people), Education administrators (298,108 people), Other managers (204,978 people), and Special education teachers (194,750 people).

The most specialized majors at Eureka College in 2022 are Parks, Recreation, & Leisure (13 degrees awarded), Protective Services (19 degrees), Language & Linguistics (4 degrees), English (6 degrees), and Education (32 degrees) (as of 2022).

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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 Eureka College are Surgeons, Physicians, Nuclear medicine technologists and medical dosimetrists, Photographic process workers & processing machine operators, and Nurse anesthetists

The most specialized majors at Eureka College are Parks, Recreation, & Leisure (13 degrees awarded), Protective Services (19 degrees), Language & Linguistics (4 degrees), English (6 degrees), and Education (32 degrees) (as of 2022).

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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 Eureka College are Elementary & secondary schools (2,992,889 people), Colleges, universities & professional schools, including junior colleges (415,733 people), Justice, public order, & safety activities (384,909 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (223,533 people), and Computer Systems Design (136,313 people).

The most specialized majors at Eureka College are Parks, Recreation, & Leisure (13 degrees awarded), Protective Services (19 degrees), Language & Linguistics (4 degrees), English (6 degrees), and Education (32 degrees) (as of 2022).

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Majors Awarded

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

In 2022, the most common bachelors degree concentration at Eureka College was General Business Administration & Management with 22 degrees awarded.

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

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Sex Breakdown for Common Majors

66
Degrees Awarded to Men
in 2022
77
Degrees Awarded to Women
in 2022

In 2022, 66 degrees were awarded to men at Eureka College, which is 0.857 times less than the number of degrees awarded to females (77).

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

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Most Common Male Majors

In 2022, 15 degrees were awarded to men at Eureka College in General Business Administration & Management, which is 2.14 times more than the 7 female recipients with that same degree.

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Most Common Female Majors

In 2022, 12 degrees were awarded to men at Eureka College in Elementary Education & Teaching, which is 4 times more than the 3 male recipients with that same degree.

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Time to Complete

52%
100% Completion Time
60%
150% Completion Time

In 2022, 52% of students graduating from Eureka College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 60% completed their degrees within 150% of the normal time, and 61% 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
White Female
Highest Graduation Rate (57.6%)

The student demographic with the highest graduation rate in 2022 at Eureka College is Female and White (57.6% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (73.2%).

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, 1.28% of graduates (1 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    119 degrees awarded
  2. Black or African American
    11 degrees awarded
  3. Hispanic or Latino
    4 degrees awarded

The most common race/ethnicity at Eureka College is white (119 degrees awarded). There were 10.8 times more white recipients than the next closest race/ethnicity group, black or african american (11 degrees).

2.1% of degree recipients (3 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    65 degrees awarded
  2. White Male
    54 degrees awarded
  3. Black or African American Female
    8 degrees awarded

The most common race/ethnicity and sex grouping at Eureka College is white female (65 degrees awarded). There were 1.2 times more white female recipients than the next closest race/ethnicity group, white male (54 degrees).

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Operations

Eureka College has an endowment valued at nearly $33M, as of the end of the 2022 fiscal year. The return on its endowment was of −NaNM (−10.4%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Eureka College had a total salary expenditure of 16.4M. Eureka College employs 14 Associate professors, 12 Assistant professors and 5 Professors. Most academics at Eureka College are Female Assistant professor (9), Male Associate professor (7), and Female Associate professor (7).

The most common positions for non-instructional staff at Eureka College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 18 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 16 employees, and Management with 11 employees.

Endowment

$33M
2022 Endowment
12.5%
decline from 2021

Eureka College has an endowment valued at about $33M, as of the end of the 2022 fiscal year. The endowment of Eureka College declined 12.5% from the previous year. The value of their endowment was $16.3M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Eureka 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: Diverse Fields Carnegie Classification grouping.

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Salary Expenditure

$5.49M
2022 Salaries
0.854%
decline from 2021

In 2022, Eureka College paid a median of $5.49M in salaries, which represents 33.4% of their overall expenditure ($16.4M) and a 0.854% decline from the previous year.

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

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Instructional Salaries

$1.61M
Instructional Salaries
31
Number of Employees

In 2022, Eureka College paid a total of $1.61M to 31 employees working as instructors, which represents 29.3% of all salaries paid.

This is compared to a median of $5.04M (32.1%) for similar Baccalaureate Colleges.

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Occupations by Share

Associate professor
Most Common Instructor
14 Employees
Librarians, Curators, Archivists, and Academic Affairs and Other Education Services
Most Common Non-Instructional Employee
18 Employees

In 2022, the most common positions for instructional staff at Eureka College were Associate professor with 14 employees, Assistant professor with 12 employees, and Professor with 5 employees.

In 2022, the most common positions for non-instructional staff at Eureka College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 18 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 16 employees, and Management with 11 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Female Assistant professor
  2. Male Associate professor
  3. Female Associate professor

In 2022, the most common demographic for instructional staff at Eureka College was Female Assistant professor with 9 employees, Male Associate professor with 7 employees, and Female Associate professor with 7 employees.

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

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