Lancaster Bible College

https://www.lbc.edu/

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2021 Undergraduate Tuition

$26,690

1.37% growth from 2020

2021 Average Net Price

$22,700

After Financial Aid

2019 Student Loan

2.77%

Default Rate

2021 Acceptance Rate

96%

275 Applicants

2021 Enrolled Students

1,967

38.9% Full-Time

2021 Graduation Rate

56.7%

101 Graduates

About

Lancaster Bible College is a higher education institution located in Lancaster County, PA. In 2021, the most popular Bachelors Degree concentrations at Lancaster Bible College were Biblical Studies (123 degrees awarded), Other Business Administration, Management, & Operations (65 degrees), and Other Communication & Media Studies (19 degrees).

In 2021, 515 degrees were awarded across all undergraduate and graduate programs at Lancaster Bible College. 46.2% of these degrees were awarded to women, and 53.8% awarded men. The most common race/ethnicity group of degree recipients was white (209 degrees), 1.66 times more than then the next closest race/ethnicity group, black or african american (126 degrees).

The median undergraduate tuition at Lancaster Bible College is $26,690, which is $12,190 more than the national average for Special Focus Institutions ($14,500).

Special Focus Four-Year: Faith-Related Institutions Special Focus Institutions

Costs

In 2021, the median undergraduate tuition at Lancaster Bible College is $26,690, which is $12,190 more than the national average for Special Focus Institutions ($14,500).

After taking grants and loans into account, the average net price for students is $22,700.

In 2021, 78% of undergraduate students attending Lancaster Bible College received financial aid through grants. Comparatively, 56% of undergraduate students received financial aid through loans.

Tuition Costs

$26,690

2021 Undergraduate Tuition

In 2021, the cost of tuition at Lancaster Bible College was $26,690. The cost of tuition at Lancaster Bible College is $12,190 more than than the overall (public and private) national average for Special Focus Institutions ($14,500).

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

Average Net Price

$22,700

2021 Value

9.47%

1 Year Growth

In 2021 Lancaster Bible College had an average net price — the price paid after factoring in grants and loans — of $22,700. Between 2020 and 2021, the average net price of Lancaster Bible College grew by 9.47%.

This chart compares the average net price of Lancaster Bible 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

$8,325

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Lancaster Bible College was of $8,325 in 2021. The cost of room and board increased by 4.06% 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 Lancaster Bible College (in red) with that of similar universities.

Financial Aid by Income Level

78%

Undergraduates Receiving Financial Aid through Grants

56%

Undergraduates Receiving Financial Aid through Loans

78% of undergraduate students at Lancaster Bible College received financial aid through grants or loans in 2021. This represents a decline of 13.3% with respect to 2020, when 90% of undergraduate students received financial aid.

This chart compares the average award discount at Lancaster Bible 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.

2.77%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Lancaster Bible College was 2.77%, which represents 16 out of the 577 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

Lancaster Bible College received 275 undergraduate applications in 2021, which represents a 8.64% annual growth. Out of those 275 applicants, 264 students were accepted for enrollment, representing a 96% acceptance rate.

There were 1,967 students enrolled at Lancaster Bible College in 2021. 79% of first-time enrollees submitted SAT scores with their applications.

Lancaster Bible College has an overall enrollment yield of 57.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

96%

Acceptance Rate in 2021

264

Accepted Out of 275

In 2021, the undergraduate acceptance rate of Lancaster Bible College was 96% (264 admissions from 275 applications). This is lower than the acceptance rate of 2020, which was 96.7%. Between 2020 and 2021, the number of applicants grew by 8.64%, while admissions declined by −9.28%..

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

SAT Scores

79%

Submission Percentage (2021)

120

Scores Submitted (2021)

79% of enrolled first-time students at Lancaster Bible College 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

Lancaster Bible College had a total enrollment of 1,967 students in 2021. The full-time enrollment at Lancaster Bible College is 766 students and the part-time enrollment is 1,201. This means that 38.9% of students enrolled at Lancaster Bible College are enrolled full-time.

The enrolled student population at Lancaster Bible College, both undergraduate and graduate, is 49.6% White, 20.6% Black or African American, 15.2% Two or More Races, 3.86% Hispanic or Latino, 1.83% Asian, and 0.305% American Indian or Alaska Native.

Students enrolled at Lancaster Bible College in full-time Undergraduate programs are most commonly White Female (36.4%), followed by White Male (32.9%) and Two or More Races Female (8.67%). Students enrolled in full-time Graduate programs are most commonly Two or More Races Male (25%), followed by White Female (21.4%) and Black or African American Female (14.3%).

Full-Time vs Part-Time Enrollment

38.9%

Full-Time Enrollment

The total enrollment at Lancaster Bible College in 2021, both undergraduate and graduate, is 1,967 students. The full-time enrollment at Lancaster Bible College is 766 and the part-time enrollment is 1,201. This means that 38.9% of students enrolled at Lancaster Bible College are enrolled full-time compared with 69.7% at similar Special Focus Institutions.

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

Retention Rate over Time

80%

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 Lancaster Bible College was 80%. Compared with the full-time retention rate at similar Special Focus Institutions (69%), Lancaster Bible College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
975 enrolled students
Black or African American
406 enrolled students
Two or More Races
299 enrolled students

The enrolled student population at Lancaster Bible College is 49.6% White, 20.6% Black or African American, 15.2% Two or More Races, 3.86% Hispanic or Latino, 1.83% Asian, and 0.305% 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 Special Focus Institutions is 43.6% White, 18.4% Hispanic or Latino, and 14% 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, 168 students (8.54%) did not report their race.

Graduates

In 2021, 39 fewer women than men received degrees from Lancaster Bible College. The most common race/ethnicity group of degree recipients at Lancaster Bible College is white (209 degrees awarded). There were 1.66 times more white recipients than the next closest race/ethnicity group, black or african american (126 degrees).

The most common Bachelor's Degree concentration at Lancaster Bible College is Biblical Studies (123 degrees awarded), followed by Other Business Administration, Management, & Operations (65 degrees) and Other Communication & Media Studies (19 degrees).

In 2021, the most specialized majors across all degree types at Lancaster Bible College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are THEOLOGY AND RELIGIOUS VOCATIONS. (285 degrees awarded), Communication Technologies (5 degrees), and Public Administration and Social Service (26 degrees).

Common Jobs by Major

Other managers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Lancaster Bible College are Other managers (161,758 people), Social workers, all other (156,304 people), Elementary & middle school teachers (122,336 people), Clergy (91,656 people), and Marketing managers (71,767 people).

The most specialized majors at Lancaster Bible College in 2021 are THEOLOGY AND RELIGIOUS VOCATIONS. (285 degrees awarded), Communication Technologies (5 degrees), Public Administration and Social Service (26 degrees), Communications (19 degrees), and Parks, Recreation, & Leisure (11 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 Lancaster Bible College are Surgeons, Nuclear medicine technologists and medical dosimetrists, Cardiovascular technologists and technicians, Aircraft pilots & flight engineers, and Physicians

The most specialized majors at Lancaster Bible College are THEOLOGY AND RELIGIOUS VOCATIONS. (285 degrees awarded), Communication Technologies (5 degrees), Public Administration and Social Service (26 degrees), Communications (19 degrees), and Parks, Recreation, & Leisure (11 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 Lancaster Bible College are Elementary & secondary schools (311,482 people), Colleges, universities & professional schools, including junior colleges (187,769 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (169,492 people), Individual & family services (121,632 people), and Religious organizations (115,711 people).

Majors Awarded

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

Most Common (2021)

Biblical Studies
123 degree-majors awarded
Other Business Administration, Management, & Operations
65 degree-majors awarded
Other Communication & Media Studies
19 degree-majors awarded

In 2021, the most common bachelors degree concentration at Lancaster Bible College was Biblical Studies with 123 degrees awarded.

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

Sex Breakdown for Common Majors

277

Degrees Awarded to Men

in 2021

238

Degrees Awarded to Women

in 2021

In 2021, 277 degrees were awarded to men at Lancaster Bible College, which is 1.16 times more than the number of degrees awarded to females (238).

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

Most Common Male Majors

In 2021, 105 degrees were awarded to men at Lancaster Bible College in Biblical Studies, which is 1.44 times more than the 73 female recipients with that same degree.

Most Common Female Majors

In 2021, 73 degrees were awarded to men at Lancaster Bible College in Biblical Studies, which is 0.695 times less than the 105 male recipients with that same degree.

Time to Complete

51%

100% Completion Time

59%

150% Completion Time

In 2021, 51% of students graduating from Lancaster Bible College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 59% completed their degrees within 150% of the normal time, and 62% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions 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 Lancaster Bible College is Male and Asian (100% graduation rate). Across all Special Focus Institutions, 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
209 degrees awarded
Black or African American
126 degrees awarded
Two or More Races
107 degrees awarded

The most common race/ethnicity at Lancaster Bible College is white (209 degrees awarded). There were 1.66 times more white recipients than the next closest race/ethnicity group, black or african american (126 degrees).

7.96% of degree recipients (41 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Male
118 degrees awarded
White Female
91 degrees awarded
Black or African American Male
63 degrees awarded

The most common race/ethnicity and sex grouping at Lancaster Bible College is white male (118 degrees awarded). There were 1.3 times more white male recipients than the next closest race/ethnicity group, white female (91 degrees).

Operations

Lancaster Bible College has an endowment valued at nearly $18.2M, as of the end of the 2021 fiscal year. The return on its endowment was of 1.69M (9.26%) compared to the 4.56% average return (574k on 12.6M) across all Special Focus Institutions.

In 2021, Lancaster Bible College had a total salary expenditure of 31M. Lancaster Bible College employs 28 Assistant professors, 24 Professors and 8 Associate professors. Most academics at Lancaster Bible College are Male Professor (23), Male Assistant professor (16), and Female Assistant professor (12).

The most common positions for non-instructional staff at Lancaster Bible College are: Management, with 77 employees, Office and Administrative Support, with 37 employees, and Business and Financial Operations with 9 employees.

Endowment

$18.2M

2021 Endowment

24%

growth from 2020

Lancaster Bible College has an endowment valued at about $18.2M, as of the end of the 2021 fiscal year. The endowment of Lancaster Bible College grew 24% from the previous year. The value of their endowment was $5.62M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Faith-Related Institutions Carnegie Classification grouping.

Salary Expenditure

$16.2M

2021 Salaries

1.65%

decline from 2020

In 2021, Lancaster Bible College paid a median of $16.2M in salaries, which represents 52.4% of their overall expenditure ($31M) and a 1.65% decline from the previous year.

The median for similar Special Focus Institutions is 3.06M (42.8% of overall expenditures).

Instructional Salaries

$3.75M

Instructional Salaries

Number of Employees

In 2021, Lancaster Bible College paid a total of $3.75M to 62 employees working as instructors, which represents 23.1% of all salaries paid.

This is compared to a median of $871k (28.4%) for similar Special Focus Institutions.

Occupations by Share

Assistant professor

Most Common Instructor

28 Employees

Management

Most Common Non-Instructional Employee

77 Employees

In 2021, the most common positions for instructional staff at Lancaster Bible College were Assistant professor with 28 employees, Professor with 24 employees, and Associate professor with 8 employees.

In 2021, the most common positions for non-instructional staff at Lancaster Bible College were Management with 77 employees, Office and Administrative Support with 37 employees, and Business and Financial Operations with 9 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Male Assistant professor
Female Assistant professor

In 2021, the most common demographic for instructional staff at Lancaster Bible College was Male Professor with 23 employees, Male Assistant professor with 16 employees, and Female Assistant professor with 12 employees.

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