Grace College and Theological Seminary

www.grace.edu/

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2021 Undergraduate Tuition

$24,144

3.6% growth from 2020

2021 Average Net Price

$18,795

After Financial Aid

2019 Student Loan

0.984%

Default Rate

2021 Acceptance Rate

83.2%

4,152 Applicants

2021 Enrolled Students

1,919

77.8% Full-Time

2021 Graduation Rate

71.5%

251 Graduates

About

Grace College and Theological Seminary is a higher education institution located in Kosciusko County, IN. In 2021, the most popular Masters Degree concentrations at Grace College and Theological Seminary were General Business Administration & Management (53 degrees awarded), Non-Profit, Public, & Organizational Management (23 degrees), and Mental Health Counseling (20 degrees).

In 2021, 598 degrees were awarded across all undergraduate and graduate programs at Grace College and Theological Seminary. 59% of these degrees were awarded to women, and 41% awarded men. The most common race/ethnicity group of degree recipients was white (471 degrees), 13.9 times more than then the next closest race/ethnicity group, hispanic or latino (34 degrees).

The median undergraduate tuition at Grace College and Theological Seminary is $24,144, which is $960 more than the national average for Masters Colleges and Universities ($23,184).

Masters Colleges & Universities: Small Programs Masters Colleges and Universities

Costs

In 2021, the median undergraduate tuition at Grace College and Theological Seminary is $24,144, which is $960 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 $18,795.

In 2021, 83% of undergraduate students attending Grace College and Theological Seminary received financial aid through grants. Comparatively, 53% of undergraduate students received financial aid through loans.

Tuition Costs

$24,144

2021 Undergraduate Tuition

In 2021, the cost of tuition at Grace College and Theological Seminary was $24,144. The cost of tuition at Grace College and Theological Seminary is $960 more than than the overall (public and private) national average for Masters Colleges and Universities ($23,184).

This chart compares the tuition costs of Grace College and Theological Seminary (in red) with those of other similar universities.

Average Net Price

$18,795

2021 Value

7.94%

1 Year Growth

In 2021 Grace College and Theological Seminary had an average net price — the price paid after factoring in grants and loans — of $18,795. Between 2020 and 2021, the average net price of Grace College and Theological Seminary grew by 7.94%.

This chart compares the average net price of Grace College and Theological Seminary (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

$8,914

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Grace College and Theological Seminary was of $8,914 in 2021. The cost of room and board increased by 2.96% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,000. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Grace College and Theological Seminary (in red) with that of similar universities.

Financial Aid by Income Level

83%

Undergraduates Receiving Financial Aid through Grants

53%

Undergraduates Receiving Financial Aid through Loans

83% of undergraduate students at Grace College and Theological Seminary received financial aid through grants or loans in 2021. This represents a decline of 1.19% with respect to 2020, when 84% of undergraduate students received financial aid.

This chart compares the average award discount at Grace College and Theological Seminary (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.

0.984%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Grace College and Theological Seminary was 0.984%, which represents 5 out of the 508 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

Grace College and Theological Seminary received 4,152 undergraduate applications in 2021, which represents a 4.22% annual growth. Out of those 4,152 applicants, 3,453 students were accepted for enrollment, representing a 83.2% acceptance rate.

There were 1,919 students enrolled at Grace College and Theological Seminary in 2021. 20% of first-time enrollees submitted SAT scores with their applications.

Grace College and Theological Seminary has an overall enrollment yield of 12.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

83.2%

Acceptance Rate in 2021

3,453

Accepted Out of 4,152

In 2021, the undergraduate acceptance rate of Grace College and Theological Seminary was 83.2% (3,453 admissions from 4,152 applications). This is higher than the acceptance rate of 2020, which was 74.6%. Between 2020 and 2021, the number of applicants grew by 4.22%, while admissions grew by 16.1%..

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

SAT Scores

20%

Submission Percentage (2021)

Scores Submitted (2021)

20% of enrolled first-time students at Grace College and Theological Seminary 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

Grace College and Theological Seminary had a total enrollment of 1,919 students in 2021. The full-time enrollment at Grace College and Theological Seminary is 1,493 students and the part-time enrollment is 426. This means that 77.8% of students enrolled at Grace College and Theological Seminary are enrolled full-time.

The enrolled student population at Grace College and Theological Seminary, both undergraduate and graduate, is 77.4% White, 7.56% Hispanic or Latino, 4.53% Black or African American, 2.61% Two or More Races, 1.62% Asian, 0.104% Native Hawaiian or Other Pacific Islanders, and 0.104% American Indian or Alaska Native.

Students enrolled at Grace College and Theological Seminary in full-time Undergraduate programs are most commonly White Female (50.2%), followed by White Male (29.2%) and Hispanic or Latino Female (5.38%). Students enrolled in full-time Graduate programs are most commonly White Female (47.5%), followed by White Male (27.5%) and Hispanic or Latino Female (5%).

Full-Time vs Part-Time Enrollment

77.8%

Full-Time Enrollment

The total enrollment at Grace College and Theological Seminary in 2021, both undergraduate and graduate, is 1,919 students. The full-time enrollment at Grace College and Theological Seminary is 1,493 and the part-time enrollment is 426. This means that 77.8% of students enrolled at Grace College and Theological Seminary 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 Grace College and Theological Seminary (in red) compares to similar universities.

Retention Rate over Time

75%

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 Grace College and Theological Seminary was 75%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Grace College and Theological Seminary had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
1,486 enrolled students
Hispanic or Latino
145 enrolled students
Black or African American
87 enrolled students

The enrolled student population at Grace College and Theological Seminary is 77.4% White, 7.56% Hispanic or Latino, 4.53% Black or African American, 2.61% Two or More Races, 1.62% Asian, 0.104% Native Hawaiian or Other Pacific Islanders, and 0.104% 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 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, 50 students (2.61%) did not report their race.

Graduates

In 2021, 108 more women than men received degrees from Grace College and Theological Seminary. The most common race/ethnicity group of degree recipients at Grace College and Theological Seminary is white (471 degrees awarded). There were 13.9 times more white recipients than the next closest race/ethnicity group, hispanic or latino (34 degrees).

The most common Masters Degree concentration at Grace College and Theological Seminary is General Business Administration & Management (53 degrees awarded), followed by Non-Profit, Public, & Organizational Management (23 degrees) and Mental Health Counseling (20 degrees).

In 2021, the most specialized majors across all degree types at Grace College and Theological Seminary, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are THEOLOGY AND RELIGIOUS VOCATIONS. (87 degrees awarded), Parks, Recreation, & Leisure (37 degrees), and Psychology (54 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 Grace College and Theological Seminary are Elementary & middle school teachers (234,456 people), Other managers (206,133 people), Postsecondary teachers (129,510 people), Social workers, all other (103,579 people), and Clergy (101,288 people).

The most specialized majors at Grace College and Theological Seminary in 2021 are THEOLOGY AND RELIGIOUS VOCATIONS. (87 degrees awarded), Parks, Recreation, & Leisure (37 degrees), Psychology (54 degrees), Natural Resources & Conservation (8 degrees), and Visual & Performing Arts (32 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 Grace College and Theological Seminary are Surgeons, Cardiovascular technologists and technicians, Nuclear medicine technologists and medical dosimetrists, Physicians, and Nurse anesthetists

The most specialized majors at Grace College and Theological Seminary are THEOLOGY AND RELIGIOUS VOCATIONS. (87 degrees awarded), Parks, Recreation, & Leisure (37 degrees), Psychology (54 degrees), Natural Resources & Conservation (8 degrees), and Visual & Performing Arts (32 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 Grace College and Theological Seminary are Elementary & secondary schools (593,440 people), Colleges, universities & professional schools, including junior colleges (330,466 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (279,295 people), Outpatient care centers (186,760 people), and Individual & family services (146,622 people).

Majors Awarded

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

Most Common (2021)

General Psychology
28 degrees awarded
Other Clinical, Counseling, & Applied Psychology
26 degrees awarded
Biblical Studies
22 degrees awarded

In 2021, the most common bachelors degree concentration at Grace College and Theological Seminary was General Psychology with 28 degrees awarded.

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

Sex Breakdown for Common Majors

245

Degrees Awarded to Men

in 2021

353

Degrees Awarded to Women

in 2021

In 2021, 245 degrees were awarded to men at Grace College and Theological Seminary, which is 0.694 times less than the number of degrees awarded to females (353).

This chart displays the sex disparity between the top 5 majors at Grace College and Theological Seminary by degrees awarded.

Most Common Male Majors

In 2021, 38 degrees were awarded to men at Grace College and Theological Seminary in General Business Administration & Management, which is 1.03 times more than the 37 female recipients with that same degree.

Most Common Female Majors

In 2021, 37 degrees were awarded to men at Grace College and Theological Seminary in General Business Administration & Management, which is 0.974 times less than the 38 male recipients with that same degree.

Time to Complete

68%

100% Completion Time

69%

150% Completion Time

In 2021, 68% of students graduating from Grace College and Theological Seminary completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 69% 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 Grace College and Theological Seminary 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, 0.398% of graduates (1 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
471 degrees awarded
Hispanic or Latino
34 degrees awarded
Black or African American
23 degrees awarded

The most common race/ethnicity at Grace College and Theological Seminary is white (471 degrees awarded). There were 13.9 times more white recipients than the next closest race/ethnicity group, hispanic or latino (34 degrees).

3.01% of degree recipients (18 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
293 degrees awarded
White Male
178 degrees awarded
Hispanic or Latino Female
22 degrees awarded

The most common race/ethnicity and sex grouping at Grace College and Theological Seminary is white female (293 degrees awarded). There were 1.65 times more white female recipients than the next closest race/ethnicity group, white male (178 degrees).

Operations

Grace College and Theological Seminary has an endowment valued at nearly $22.6M, as of the end of the 2021 fiscal year. The return on its endowment was of 3.55M (15.7%) compared to the 13.1% average return (6.61M on 50.4M) across all Masters Colleges and Universities.

In 2021, Grace College and Theological Seminary had a total salary expenditure of 36.8M. Grace College and Theological Seminary employs 24 Assistant professors, 16 Professors and 6 Associate professors. Most academics at Grace College and Theological Seminary are Male Assistant professor (14), Male Professor (13), and Female Assistant professor (10).

The most common positions for non-instructional staff at Grace College and Theological Seminary are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 53 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 28 employees, and Business and Financial Operations with 12 employees.

Endowment

$22.6M

2021 Endowment

21.2%

growth from 2020

Grace College and Theological Seminary has an endowment valued at about $22.6M, as of the end of the 2021 fiscal year. The endowment of Grace College and Theological Seminary grew 21.2% from the previous year. The value of their endowment was $27.9M 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 Grace College and Theological Seminary (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: Small Programs Carnegie Classification grouping.

Salary Expenditure

$11.8M

2021 Salaries

2.11%

growth from 2020

In 2021, Grace College and Theological Seminary paid a median of $11.8M in salaries, which represents 32.1% of their overall expenditure ($36.8M) and a 2.11% growth from the previous year.

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

Instructional Salaries

$3.34M

Instructional Salaries

Number of Employees

In 2021, Grace College and Theological Seminary paid a total of $3.34M to 49 employees working as instructors, which represents 28.3% 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

24 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

53 Employees

In 2021, the most common positions for instructional staff at Grace College and Theological Seminary were Assistant professor with 24 employees, Professor with 16 employees, and Associate professor with 6 employees.

In 2021, the most common positions for non-instructional staff at Grace College and Theological Seminary were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 53 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 28 employees, and Business and Financial Operations with 12 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Assistant professor
Male Professor
Female Assistant professor

In 2021, the most common demographic for instructional staff at Grace College and Theological Seminary was Male Assistant professor with 14 employees, Male Professor with 13 employees, and Female Assistant professor with 10 employees.

This chart shows the sex split between each academic rank present at Grace College and Theological Seminary.