Grace College and Theological Seminary

www.grace.edu

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2024 Undergraduate Tuition

$28,745

2.69% growth from 2023

2024 Average Net Price

$21,065

After Financial Aid

2024 Acceptance Rate

82.1%

4,643 Applicants

2024 Enrolled Students

2,304

73.5% Full-Time

2024 Graduation Rate

68.8%

218 Graduates

About

Grace College and Theological Seminary is a higher education institution located in Kosciusko County, IN. In 2024, the most popular Masters Degree concentrations at Grace College and Theological Seminary were General Business Administration & Management (50 degrees awarded), Mental Health Counseling (28 degrees), and Sport & Fitness Management (22 degrees).

In 2024, 543 degrees were awarded across all undergraduate and graduate programs at Grace College and Theological Seminary. 58.2% of these degrees were awarded to women, and 41.8% awarded men. The most common race/ethnicity group of degree recipients was white (421 degrees), 11.7 times more than then the next closest race/ethnicity group, hispanic or latino (36 degrees).

The median undergraduate tuition at Grace College and Theological Seminary is $28,745, which is $4,745 more than the national average for Masters Colleges and Universities ($24,000).

Masters Colleges & Universities: Medium Programs Masters Colleges and Universities

Costs

In 2024, the median undergraduate tuition at Grace College and Theological Seminary is $28,745, which is $4,745 more than the national average for Masters Colleges and Universities ($24,000).

After taking grants and loans into account, the average net price for students is $21,065.

In 2024, 81% of undergraduate students attending Grace College and Theological Seminary received financial aid through grants. Comparatively, 50% of undergraduate students received financial aid through loans.

Tuition Costs

$28,745

2024 Undergraduate Tuition

In 2024, the cost of tuition at Grace College and Theological Seminary was $28,745. The cost of tuition at Grace College and Theological Seminary is $4,745 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,000).

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

Average Net Price

$21,065

2024 Value

2.84%

1 Year Growth

In 2024 Grace College and Theological Seminary had an average net price — the price paid after factoring in grants and loans — of $21,065. Between 2023 and 2024, the average net price of Grace College and Theological Seminary grew by 2.84%.

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

$9,856

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Grace College and Theological Seminary was of $9,856 in 2024. The cost of room and board increased by 7.86% between 2023 and 2024.

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

81%

Undergraduates Receiving Financial Aid through Grants

50%

Undergraduates Receiving Financial Aid through Loans

81% of undergraduate students at Grace College and Theological Seminary received financial aid through grants or loans in 2024. This represents a decline of 2.41% with respect to 2023, when 83% 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.

Admissions

Grace College and Theological Seminary received 4,643 undergraduate applications in 2024, which represents a 12.9% annual growth. Out of those 4,643 applicants, 3,814 students were accepted for enrollment, representing a 82.1% acceptance rate.

There were 2,304 students enrolled at Grace College and Theological Seminary in 2024. 96% of first-time enrollees submitted SAT scores with their applications.

Grace College and Theological Seminary has an overall enrollment yield of 11%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

82.1%

Acceptance Rate in 2024

3,814

Accepted Out of 4,643

In 2024, the undergraduate acceptance rate of Grace College and Theological Seminary was 82.1% (3,814 admissions from 4,643 applications). This is higher than the acceptance rate of 2023, which was 80.8%. Between 2023 and 2024, the number of applicants grew by 12.9%, while admissions grew by 14.8%.

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

96%

Submission Percentage (2024)

404

Scores Submitted (2024)

96% of enrolled first-time students at Grace College and Theological Seminary in 2024 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.

Enrollment

Grace College and Theological Seminary had a total enrollment of 2,304 students in 2024. The full-time enrollment at Grace College and Theological Seminary is 1,693 students and the part-time enrollment is 611. This means that 73.5% 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 77.8% White, 7.16% Hispanic or Latino, 3.95% Black or African American, 2.52% Two or More Races, 1.65% Asian, 0.434% American Indian or Alaska Native, and 0.347% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Grace College and Theological Seminary in full-time Undergraduate programs are most commonly White Female (50.1%), followed by White Male (30.4%) and Hispanic or Latino Female (4.4%). Students enrolled in full-time Graduate programs are most commonly White Female (52.6%), followed by White Male (30%) and Black or African American Female (3.24%).

Full-Time vs Part-Time Enrollment

73.5%

Full-Time Enrollment

The total enrollment at Grace College and Theological Seminary in 2024, both undergraduate and graduate, is 2,304 students. The full-time enrollment at Grace College and Theological Seminary is 1,693 and the part-time enrollment is 611. This means that 73.5% of students enrolled at Grace College and Theological Seminary are enrolled full-time compared with 67.1% 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

77%

2024 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 77%. 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 (2024)

White
1,792 enrolled students
Hispanic or Latino
165 enrolled students
Black or African American
91 enrolled students

The enrolled student population at Grace College and Theological Seminary is 77.8% White, 7.16% Hispanic or Latino, 3.95% Black or African American, 2.52% Two or More Races, 1.65% Asian, 0.434% American Indian or Alaska Native, and 0.347% 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 Masters Colleges and Universities is 47.4% White, 18.8% Hispanic or Latino, and 13.6% 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, 42 students (1.82%) did not report their race.

Graduates

In 2024, 89 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 (421 degrees awarded). There were 11.7 times more white recipients than the next closest race/ethnicity group, hispanic or latino (36 degrees).

The most common Masters Degree concentration at Grace College and Theological Seminary is General Business Administration & Management (50 degrees awarded), followed by Mental Health Counseling (28 degrees) and Sport & Fitness Management (22 degrees).

In 2024, 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 (74 degrees awarded), Parks, Recreation, & Leisure (43 degrees), and Psychology (61 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 (187,937 people), Other managers (176,422 people), Postsecondary teachers (103,586 people), Social workers, all other (97,280 people), and Clergy (95,802 people).

The most specialized majors at Grace College and Theological Seminary in 2024 are Theology (74 degrees awarded), Parks, Recreation, & Leisure (43 degrees), Psychology (61 degrees), Natural Resources & Conservation (9 degrees), and Language & Linguistics (7 degrees) (as of 2024).

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, Diagnostic medical sonographers, Nurse anesthetists, Nuclear medicine technologists and medical dosimetrists, and Gaming services workers

The most specialized majors at Grace College and Theological Seminary are Theology (74 degrees awarded), Parks, Recreation, & Leisure (43 degrees), Psychology (61 degrees), Natural Resources & Conservation (9 degrees), and Language & Linguistics (7 degrees) (as of 2024).

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 (555,066 people), Colleges, universities & professional schools, including junior colleges (286,316 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (280,981 people), Outpatient care centers (222,165 people), and Individual & family services (144,330 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.

Liberal Arts & Sciences

Most Common (2024)

21 degrees awarded

In 2024, the most common associates degree concentration at Grace College and Theological Seminary was Liberal Arts & Sciences with 21 degrees awarded.

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

Sex Breakdown for Common Majors

227

Degrees Awarded to Men

in 2024

316

Degrees Awarded to Women

in 2024

In 2024, 227 degrees were awarded to men at Grace College and Theological Seminary, which is 0.718 times less than the number of degrees awarded to females (316).

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 2024, 36 degrees were awarded to men at Grace College and Theological Seminary in General Business Administration & Management, which is 0.766 times less than the 47 female recipients with that same degree.

Most Common Female Majors

In 2024, 47 degrees were awarded to men at Grace College and Theological Seminary in General Business Administration & Management, which is 1.31 times more than the 36 male recipients with that same degree.

Time to Complete

65%

100% Completion Time

66%

150% Completion Time

In 2024, 65% 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, 66% completed their degrees within 150% of the normal time, and 67% 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
421 degrees awarded
Hispanic or Latino
36 degrees awarded
Black or African American
19 degrees awarded

The most common race/ethnicity at Grace College and Theological Seminary is white (421 degrees awarded). There were 11.7 times more white recipients than the next closest race/ethnicity group, hispanic or latino (36 degrees).

2.03% of degree recipients (11 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Female
315 degrees awarded
White Female
293 degrees awarded
White Female
287 degrees awarded

The most common race/ethnicity and sex grouping at Grace College and Theological Seminary is white female (315 degrees awarded). There were 1.08 times more white female recipients than the next closest race/ethnicity group, white female (293 degrees).

Operations

Grace College and Theological Seminary has an endowment valued at nearly $33.2M, as of the end of the 2024 fiscal year. The return on its endowment was of 3.06M (9.22%) compared to the 9.2% average return (4.22M on 45.9M) across all Masters Colleges and Universities.

In 2024, Grace College and Theological Seminary had a total salary expenditure of 42.4M. Grace College and Theological Seminary employs 19 Assistant professors, 19 Professors and 9 Associate professors. Most academics at Grace College and Theological Seminary are Male Professor (14), Male Assistant professor (11), and Female Assistant professor (8).

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 55 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 26 employees, and Business and Financial Operations with 15 employees.

Endowment

$33.2M

2024 Endowment

20.1%

growth from 2023

Grace College and Theological Seminary has an endowment valued at about $33.2M, as of the end of the 2024 fiscal year. The endowment of Grace College and Theological Seminary grew 20.1% from the previous year. The value of their endowment was $12.7M 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: Medium Programs Carnegie Classification grouping.

Salary Expenditure

$14.3M

2024 Salaries

8.23%

growth from 2023

In 2024, Grace College and Theological Seminary paid a median of $14.3M in salaries, which represents 33.7% of their overall expenditure ($42.4M) and a 8.23% growth from the previous year. This is compared to a 7.88% growth between 2022 and 2023, and a 3.47% growth between 2021 and 2022.

Instructional Salaries

$3.73M

Instructional Salaries

Number of Employees

In 2024, Grace College and Theological Seminary paid a total of $3.73M to 55 employees working as instructors, which represents 26.1% of all salaries paid.

This is compared to a median of $965k (3.13%) for similar Masters Colleges and Universities.

Occupations by Share

In 2024, 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 55 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 26 employees, and Business and Financial Operations with 15 employees.

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