Memphis Theological Seminary

www.memphisseminary.edu

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2020 Default Rate

on Student Loans

2023 Enrolled Students

195

78.5% Full-Time

About

Memphis Theological Seminary is a higher education institution located in Shelby County, TN. In 2023, the most popular Masters Degree concentrations at Memphis Theological Seminary were Religious Studies (17 degrees awarded).

In 2023, 29 degrees were awarded across all undergraduate and graduate programs at Memphis Theological Seminary. 62.1% of these degrees were awarded to women, and 37.9% awarded men. The most common race/ethnicity group of degree recipients was black or african american (19 degrees), 2.71 times more than then the next closest race/ethnicity group, white (7 degrees).

In 2020 the default rate for borrower's at Memphis Theological Seminary was 0%, corresponding to 0 out of the 52 total borrowers.

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

Costs

Tuition Costs

2023 Undergraduate Tuition

In 2023, the cost of tuition at Memphis Theological Seminary was $0. The cost of tuition at Memphis Theological Seminary is $−15,164 less than than the overall (public and private) national average for Special Focus Institutions ($15,164).

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

Other Student Expenses

The average yearly cost of room and board at Memphis Theological Seminary was of $0 in 2023. The cost of room and board remained the same by NaNd% between 2022 and 2023.

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

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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Memphis Theological Seminary was 0%, which represents 0 out of the 52 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.

Enrollment

Memphis Theological Seminary had a total enrollment of 195 students in 2023. The full-time enrollment at Memphis Theological Seminary is 153 students and the part-time enrollment is 42. This means that 78.5% of students enrolled at Memphis Theological Seminary are enrolled full-time.

The enrolled student population at Memphis Theological Seminary, both undergraduate and graduate, is 57.9% Black or African American, 35.4% White, 3.08% Two or More Races, 2.56% Asian, and 1.03% Hispanic or Latino.

Students enrolled in full-time Graduate programs are most commonly Black or African American Female (36.6%), followed by Black or African American Male (26.4%) and White Female (17.5%).

Full-Time vs Part-Time Enrollment

78.5%

Full-Time Enrollment

The total enrollment at Memphis Theological Seminary in 2023, both undergraduate and graduate, is 195 students. The full-time enrollment at Memphis Theological Seminary is 153 and the part-time enrollment is 42. This means that 78.5% of students enrolled at Memphis Theological Seminary are enrolled full-time compared with 70.4% at similar Special Focus Institutions.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

Black or African American
113 enrolled students
White
69 enrolled students
Two or More Races
6 enrolled students

The enrolled student population at Memphis Theological Seminary is 57.9% Black or African American, 35.4% White, 3.08% Two or More Races, 2.56% Asian, and 1.03% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 41.6% White, 19.6% Hispanic or Latino, and 14.5% Black or African American.

Graduates

In 2023, 7 more women than men received degrees from Memphis Theological Seminary. The most common race/ethnicity group of degree recipients at Memphis Theological Seminary is black or african american (19 degrees awarded). There were 2.71 times more black or african american recipients than the next closest race/ethnicity group, white (7 degrees).

The most common Masters Degree concentration at Memphis Theological Seminary is Religious Studies (17 degrees awarded).

In 2023, the most specialized majors across all degree types at Memphis Theological Seminary, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Philosophy and Religious Studies (17 degrees awarded) and Theology (12 degrees).

Common Jobs by Major

Clergy

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Memphis Theological Seminary are Clergy (103,504 people), Lawyers, & judges, magistrates, & other judicial workers (29,894 people), Postsecondary teachers (22,906 people), Other managers (20,531 people), and Elementary & middle school teachers (18,116 people).

The most specialized majors at Memphis Theological Seminary in 2023 are Philosophy and Religious Studies (17 degrees awarded) and Theology (12 degrees) (as of 2023).

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 Memphis Theological Seminary are Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, Dentists, and Physicians

The most specialized majors at Memphis Theological Seminary are Philosophy and Religious Studies (17 degrees awarded) and Theology (12 degrees) (as of 2023).

Common Industries by Major

Religious organizations

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Memphis Theological Seminary are Religious organizations (113,365 people), Elementary & secondary schools (46,328 people), Colleges, universities & professional schools, including junior colleges (42,829 people), Legal services (21,831 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (20,895 people).

The most specialized majors at Memphis Theological Seminary are Philosophy and Religious Studies (17 degrees awarded) and Theology (12 degrees) (as of 2023).

Majors Awarded

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

Religious Studies

Most Common (2023)

17 degrees awarded

In 2023, the most common masters degree concentration at Memphis Theological Seminary was Religious Studies with 17 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from masters degree programs at Memphis Theological Seminary according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 11 degrees were awarded to men at Memphis Theological Seminary, which is 0.611 times less than the number of degrees awarded to females (18).

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

Most Common Male Majors

In 2023, 6 degrees were awarded to men at Memphis Theological Seminary in Religious Studies, which is 0.545 times less than the 11 female recipients with that same degree.

Most Common Female Majors

In 2023, 11 degrees were awarded to men at Memphis Theological Seminary in Religious Studies, which is 1.83 times more than the 6 male recipients with that same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

Black or African American
19 degrees awarded
White
7 degrees awarded
Hispanic or Latino
1 degrees awarded

The most common race/ethnicity at Memphis Theological Seminary is black or african american (19 degrees awarded). There were 2.71 times more black or african american recipients than the next closest race/ethnicity group, white (7 degrees).

3.45% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

Black or African American Female
12 degrees awarded
Black or African American Male
7 degrees awarded
White Male
4 degrees awarded

The most common race/ethnicity and sex grouping at Memphis Theological Seminary is black or african american female (12 degrees awarded). There were 1.71 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (7 degrees).

Operations

Memphis Theological Seminary has an endowment valued at nearly $14.9M, as of the end of the 2023 fiscal year. The return on its endowment was of 841k (5.64%) compared to the 1.93% average return (240k on 12.4M) across all Special Focus Institutions.

In 2023, Memphis Theological Seminary had a total salary expenditure of 4.05M. Memphis Theological Seminary employs 4 Assistant professors, 2 Professors. Most academics at Memphis Theological Seminary are Female Assistant professor (3), Male Assistant professor (1), and Male Professor (1).

The most common positions for non-instructional staff at Memphis Theological Seminary are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 6 employees, Office and Administrative Support, with 4 employees, and Business and Financial Operations with 3 employees.

Endowment

$14.9M

2023 Endowment

6.16%

growth from 2022

Memphis Theological Seminary has an endowment valued at about $14.9M, as of the end of the 2023 fiscal year. The endowment of Memphis Theological Seminary grew 6.16% from the previous year. The value of their endowment was $2.48M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Memphis 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 Special Focus Four-Year: Faith-Related Institutions Carnegie Classification grouping.

Salary Expenditure

$1.98M

2023 Salaries

growth from 2022

In 2023, Memphis Theological Seminary paid a median of $1.98M in salaries, which represents 48.8% of their overall expenditure ($4.05M) and a 0% growth from the previous year. This is compared to a 1.02% growth between 2021 and 2022, and a 8.87% growth between 2020 and 2021.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

Instructional Salaries

$347k

Instructional Salaries

Number of Employees

In 2023, Memphis Theological Seminary paid a total of $347k to 6 employees working as instructors, which represents 17.5% of all salaries paid.

This is compared to a median of $208k (5.9%) for similar Special Focus Institutions.

Occupations by Share

Assistant professor

Most Common Instructor

4 Employees

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

Most Common Non-Instructional Employee

6 Employees

In 2023, the most common positions for instructional staff at Memphis Theological Seminary were Assistant professor with 4 employees, and Professor with 2 employees.

In 2023, the most common positions for non-instructional staff at Memphis Theological Seminary were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 6 employees, Office and Administrative Support with 4 employees, and Business and Financial Operations with 3 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Assistant professor
Male Assistant professor
Male Professor

In 2023, the most common demographic for instructional staff at Memphis Theological Seminary was Female Assistant professor with 3 employees, Male Assistant professor with 1 employees, and Male Professor with 1 employees.

This chart shows the sex split between each academic rank present at Memphis Theological Seminary.

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