Grace University

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2016 Undergraduate Tuition

$21,088

7% growth from 2015

2016 Average Net Price

$18,346

After Financial Aid

2016 Acceptance Rate

56.8%

340 Applicants

2016 Enrolled Students

393

70.7% Full-Time

2016 Graduation Rate

54.8%

34 Graduates

About

Grace University is a higher education institution located in Douglas County, NE. In 2016, the most popular Bachelor's Degree concentrations at Grace University were Biblical Studies (66 degrees awarded), Counseling Psychology (23 degrees), and Elementary Education & Teaching (13 degrees).

In 2016, 166 degrees were awarded across all undergraduate and graduate programs at Grace University. 55.4% of these degrees were awarded to women, and 44.6% awarded men. The majority of degree recipients were white (125 degrees), 6.25 times more than then the next closest race/ethnicity group, hispanic or latino (20 degrees).

The median undergraduate tuition at Grace University is $21,088, which is $-3,327 less than the national average for Baccalaureate Colleges ($24,415).

Costs

The median undergraduate tuition at Grace University is $21,088, which is $-3,327 less than the national average for Baccalaureate Colleges ($24,415).

After taking grants and loans into account, the average net price for students is $18,346.

In 2016, 95% of undergraduate students received federal grants, while 61% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$21,088

2016 Undergraduate Tuition

In 2016, the cost of tuition at Grace University was $21,088. The cost of tuition at Grace University is $-3,327 less than than the overall (public and private) national average for Baccalaureate Colleges ($24,415).

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Average Net Price

$18,346

2016 Value

8.16%

1 Year Growth

In 2016 Grace University had an average net price — the price paid after factoring in grants and loans — of $18,346. Between 2015 and 2016, the average net price of Grace University grew by 8.16%.

This chart compares the average net price of Grace 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

$6,438

Room and Board

$950

Books and Supplies

The average yearly cost of room and board at Grace University was of $6,438 in 2016. During the same period, the average yearly cost of books and supplies was $950. The cost of room and board increased by 1.55% between 2015 and 2016. The cost of books and supplies did not change during the same period.

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

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Financial Aid

Financial Aid by Income Level

95%

Of Undergraduates Receive Grants

61%

Of Undergraduates Receive Federal Loans

95% of undergraduate students at Grace University received grants or loans in 2016. This represents a growth of 10.5% with respect to 2015, when 86% of undergraduate students received financial aid.

This chart compares the average award discount at Grace 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.

N/A%

N/A Default Rate

N/A

Number of Defaults

In N/A the default rate for borrower's at Grace University was N/A%, which represents N/A out of the N/A 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

Grace University received 340 undergraduate applications in 2016, which represents a 54.5% annual growth. Out of those 340 applicants, 193 students were accepted for enrollment, representing a 56.8% acceptance rate.

There were 393 students enrolled at Grace University in 2016, and 10% of first-time enrollees submitted SAT scores with their applications.

Grace University has an overall enrollment yield of 28.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

56.8%

Acceptance Rate in 2016

193

Accepted Out of 340

In 2016, the undergraduate acceptance rate of Grace University was 56.8% (193 admissions from 340 applications). This is lower than the acceptance rate of 2015, which was 58.6%. Between 2015 and 2016, the number of applicants grew by 54.5%, while admissions grew by 49.6%.

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

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SAT Scores

10%

Submission Percentage

4

Scores Submitted

10% of enrolled first-time students at Grace University in 2016 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

Grace University has a total enrollment of 393 students. The full-time enrollment at Grace University is 278 students and the part-time enrollment is 115. This means that 70.7% of students enrolled at Grace University are enrolled full-time.

The enrolled student population at Grace University, both undergraduate and graduate, is 72.5% White, 12.7% Black or African American, 7.63% Hispanic or Latino, 2.8% Asian, 1.78% Two or More Races, 1.27% American Indian or Alaska Native, and 0.509% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Grace University in full-time Undergraduate programs are majority White Female (42.3%), followed by White Male (30.5%) and Black or African American Male (6.69%). Students enrolled in full-time Graduate programs are majority White Female (69.2%), followed by White Male (15.4%) and Black or African American Male (7.69%).

Full-Time vs Part-Time Enrollment

70.7%

Full-Time Enrollment

The total enrollment at Grace University, both undergraduate and graduate, is 393 students. The full-time enrollment at Grace University is 278 and the part-time enrollment is 115. This means that 70.7% of students enrolled at Grace University are enrolled full-time compared with 81% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

73%

2016 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 University was 73%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Grace University had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    285

  2. Black or African American

    50

  3. Hispanic or Latino

    30

The enrolled student population at Grace University is 72.5% White, 12.7% Black or African American, 7.63% Hispanic or Latino, 2.8% Asian, 1.78% Two or More Races, 1.27% American Indian or Alaska Native, and 0.509% 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 55.6% White, 14% Black or African American, and 12.4% Hispanic or Latino.

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

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Graduates

In 2016, 18 more women than men received degrees from Grace University. The majority of degree recipients at Grace University are white (125 degrees awarded). There were 6.25 times more white graduates than the next closest race/ethnicity group, hispanic or latino (20 degrees).

The most common Bachelor's Degree concentration at Grace University is Biblical Studies (66 degrees awarded), followed by Counseling Psychology (23 degrees) and Elementary Education & Teaching (13 degrees).

The most specialized majors across all degree types at Grace University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (90 degrees awarded), Psychology (23 degrees), and Education (23 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 Grace University are Elementary & middle school teachers (2,100,324 people), Secondary school teachers (353,708 people), Education administrators (341,033 people), Miscellaneous managers (325,616 people), and Counselors (266,883 people).

The most specialized majors at Grace University are Theology (90 degrees awarded), Psychology (23 degrees), Education (23 degrees), Communications (4 degrees), and English (1 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Grace University are Aircraft pilots & flight engineers, Physicians & surgeons, Dentists, Chief executives & legislators, and Natural sciences managers

The most specialized majors at Grace University are Theology (90 degrees awarded), Psychology (23 degrees), Education (23 degrees), Communications (4 degrees), and English (1 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 Grace University are Elementary & secondary schools (3,247,460 people), Colleges, universities & professional schools, including junior colleges (546,669 people), Hospitals (353,059 people), Insurance carriers & related activities (216,051 people), and Individual & family services (200,340 people).

The most specialized majors at Grace University are Theology (90 degrees awarded), Psychology (23 degrees), Education (23 degrees), Communications (4 degrees), and English (1 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 Grace University.

Most Common

  1. 66 degrees awarded

  2. 23 degrees awarded

  3. 13 degrees awarded

In 2016, the most common bachelors degree concentration at Grace University was Biblical Studies with 66 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 74

  2. 92

In 2016, 74 degrees were awarded to men at Grace University, which is 0.804 times less than the number of degrees awarded to females (92).

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

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Most Common Male Majors

In 2016, 33 degrees were awarded to men at Grace University in Biblical Studies, which is 0.892 times less than the 37 female recipients with that same degree.

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Most Common Female Majors

In 2016, 37 degrees were awarded to women at Grace University in Biblical Studies, which is 1.12 times more than the 33 male recipients with that same degree.

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Time to Complete

21%

100% Completion Time

52%

150% Completion Time

In 2016, 21% of students graduating from Grace University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 52% completed their degrees within 150% of the normal time, and 53% 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Grace University is Female and American Indian or Alaska Native (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (67.2%).

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

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    125 degrees awarded

  2. Hispanic or Latino

    20 degrees awarded

  3. Black or African American

    15 degrees awarded

The most common race/ethnicity at Grace University is white (125 degrees awarded). There were 6.25 times more white recipients than the next closest race/ethnicity group, hispanic or latino (20 degrees).

0% of degree recipients (0 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    78 degrees awarded

  2. White Male

    47 degrees awarded

  3. Black or African American Male

    12 degrees awarded

The most common race/ethnicity and gender grouping at Grace University is white female (78 degrees awarded). There were 1.66 times more white female recipients than the next closest race/ethnicity group, white male (47 degrees).

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Operations

Grace University has an endowment valued at nearly $1.96M, as of the end of the 2015 fiscal year. The return on its endowment was of $19.4k (0.993%), compared to the 2.13% average return ($717k on $33.6M) across all Baccalaureate Colleges.

In 2015, Grace University had a total expenditure of $9.23M. Of that $9.23M, they spent $4.06M on salaries and $9.23M on benefits.

Grace University employs 9 Associate professors, 3 Professors, and 2 Assistant professors. Most academics at Grace University are Male Associate professors (7), Female Professors(2), and Female Associate professors (2).

The most common positions for non-instructional staff at Grace University are: Office and Administrative Support, with 9 employees, Service, with 6 employees, and Management with 4 employees.

Finances

Endowment

$1.96M

2015 Endowment

0.107%

growth from 2014

Grace University has an endowment valued at about $1.96M, as of the end of the 2015 fiscal year. The endowment of Grace University grew 0.107% from the previous year. The value of their endowment was $31.7M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Grace University (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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Government Grants and Contracts

Grants & Contracts

  1. $0 - Federal

  2. $0 - State

  3. $0 - Local

As of 2015, Grace University received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$4.06M

Salary Expenditure

$9.23M

Benefits Expenditure

In 2015, Grace University had a total expenditure of $9.23M. Of that $9.23M, they spent $4.06M on salaries and $9.23M on benefits.

The bar chart shows the share of the primary expenses at Grace University over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Baccalaureate Colleges Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Grace University as a share of total expenditure.

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Salary Expenditure

$4.06M

2015 Salaries

6.6%

growth from 2014

In 2015, Grace University paid a median of $4.06M in salaries, which represents 43.9% of their overall expenditure ($9.23M) and a 6.6% growth from the previous year. This is compared to a 18.8% growth from 2013 and a 11% growth from 2012.

The median for similar Baccalaureate Colleges is 13.3M (38.4% of overall expenditures).

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Instructional Salaries

$1.21M

Instructional Salaries

24

Number of Employees

In 2015, Grace University paid a total of $1.21M to 24 employees working as instructors, which represents 29.9% of all salaries paid.

This is compared to a median of $4.52M (34%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Associate professor

Most Common Instructor

9 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

9 Employees

In 2016, the most common positions for instructional staff at Grace University were Associate professor with 9 employees; Professor with 3 employees; and Professor with 2 employees.

In 2016, the most common positions for non-instructional staff at Grace University were Office and Administrative Support with 9 employees; Service with 6 employees; and Management with 4 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Associate professor

  2. Female Professor

  3. Female Associate professor

In 2016, the most common demographic for instructional staff at Grace University was Male Associate professor with 7 employees, Female Professor with 2 employees, and Female Associate professor with 2 employees.

This chart shows the gender split between each academic rank present at Grace University.

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