Faith Baptist Bible College and Theological Seminary

https://www.faith.edu

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2022 Undergraduate Tuition

$17,990

2.92% growth from 2021

2022 Average Net Price

$14,845

After Financial Aid

2020 Default Rate

on Student Loans

2022 Acceptance Rate

52.4%

286 Applicants

2022 Enrolled Students

448

69.4% Full-Time

2022 Graduation Rate

39.5%

15 Graduates

About

Faith Baptist Bible College and Theological Seminary is a higher education institution located in Polk County, IA. In 2022, the most popular Associates Degree concentrations at Faith Baptist Bible College and Theological Seminary were Biblical Studies (15 degrees awarded), General Administrative Assistant & Secretarial Science (6 degrees), and Missionary Studies & Missiology (1 degrees).

In 2022, 89 degrees were awarded across all undergraduate and graduate programs at Faith Baptist Bible College and Theological Seminary. 50.6% of these degrees were awarded to women, and 49.4% awarded men. The most common race/ethnicity group of degree recipients was white (77 degrees), 25.7 times more than then the next closest race/ethnicity group, black or african american (3 degrees).

The median undergraduate tuition at Faith Baptist Bible College and Theological Seminary is $17,990, which is $3,049 more than the national average for Special Focus Institutions ($14,942).

In 2020 the default rate for borrower's at Faith Baptist Bible College and Theological Seminary was 0%, corresponding to 0 out of the 59 total borrowers.

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

Costs

In 2022, the median undergraduate tuition at Faith Baptist Bible College and Theological Seminary is $17,990, which is $3,049 more than the national average for Special Focus Institutions ($14,942).

After taking grants and loans into account, the average net price for students is $14,845.

In 2022, 81% of undergraduate students attending Faith Baptist Bible College and Theological Seminary received financial aid through grants. Comparatively, 19% of undergraduate students received financial aid through loans.

Tuition Costs

$17,990

2022 Undergraduate Tuition

In 2022, the cost of tuition at Faith Baptist Bible College and Theological Seminary was $17,990. The cost of tuition at Faith Baptist Bible College and Theological Seminary is $3,049 more than than the overall (public and private) national average for Special Focus Institutions ($14,942).

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

Average Net Price

$14,845

2022 Value

11.9%

1 Year Growth

In 2022 Faith Baptist Bible College and Theological Seminary had an average net price — the price paid after factoring in grants and loans — of $14,845. Between 2021 and 2022, the average net price of Faith Baptist Bible College and Theological Seminary grew by 11.9%.

This chart compares the average net price of Faith Baptist Bible 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

$7,318

Room and Board

$1,323

Books and Supplies

The average yearly cost of room and board at Faith Baptist Bible College and Theological Seminary was of $7,318 in 2022. The cost of room and board increased by 2.93% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,323. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

81%

Undergraduates Receiving Financial Aid through Grants

19%

Undergraduates Receiving Financial Aid through Loans

81% of undergraduate students at Faith Baptist Bible College and Theological Seminary received financial aid through grants or loans in 2022. This represents a decline of 10% with respect to 2021, when 90% of undergraduate students received financial aid.

This chart compares the average award discount at Faith Baptist Bible 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Faith Baptist Bible College and Theological Seminary was 0%, which represents 0 out of the 59 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

Faith Baptist Bible College and Theological Seminary received 286 undergraduate applications in 2022, which represents a 25.4% annual growth. Out of those 286 applicants, 150 students were accepted for enrollment, representing a 52.4% acceptance rate.

There were 448 students enrolled at Faith Baptist Bible College and Theological Seminary in 2022. 14% of first-time enrollees submitted SAT scores with their applications.

Faith Baptist Bible College and Theological Seminary has an overall enrollment yield of 70.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

52.4%

Acceptance Rate in 2022

150

Accepted Out of 286

In 2022, the undergraduate acceptance rate of Faith Baptist Bible College and Theological Seminary was 52.4% (150 admissions from 286 applications). This is lower than the acceptance rate of 2021, which was 56.1%. Between 2021 and 2022, the number of applicants grew by 25.4%, while admissions grew by 17.2%.

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

SAT Scores

14%

Submission Percentage (2022)

Scores Submitted (2022)

14% of enrolled first-time students at Faith Baptist Bible College and Theological Seminary in 2022 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

Faith Baptist Bible College and Theological Seminary had a total enrollment of 448 students in 2022. The full-time enrollment at Faith Baptist Bible College and Theological Seminary is 311 students and the part-time enrollment is 137. This means that 69.4% of students enrolled at Faith Baptist Bible College and Theological Seminary are enrolled full-time.

The enrolled student population at Faith Baptist Bible College and Theological Seminary, both undergraduate and graduate, is 82.6% White, 4.91% Two or More Races, 3.79% Hispanic or Latino, 1.79% Asian, 1.12% Black or African American, 0.446% American Indian or Alaska Native, and 0.223% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Faith Baptist Bible College and Theological Seminary in full-time Undergraduate programs are most commonly White Female (43.8%), followed by White Male (40.3%) and Two or More Races Female (2.83%). Students enrolled in full-time Graduate programs are most commonly White Male (75%), followed by White Female (7.14%) and Black or African American Male (3.57%).

Full-Time vs Part-Time Enrollment

69.4%

Full-Time Enrollment

The total enrollment at Faith Baptist Bible College and Theological Seminary in 2022, both undergraduate and graduate, is 448 students. The full-time enrollment at Faith Baptist Bible College and Theological Seminary is 311 and the part-time enrollment is 137. This means that 69.4% of students enrolled at Faith Baptist Bible College and Theological Seminary are enrolled full-time compared with 71.2% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Faith Baptist Bible College and Theological Seminary (in red) compares to similar universities.

Retention Rate over Time

88%

2022 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 Faith Baptist Bible College and Theological Seminary was 88%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Faith Baptist Bible College and Theological Seminary had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
370 enrolled students
Two or More Races
22 enrolled students
Hispanic or Latino
17 enrolled students

The enrolled student population at Faith Baptist Bible College and Theological Seminary is 82.6% White, 4.91% Two or More Races, 3.79% Hispanic or Latino, 1.79% Asian, 1.12% Black or African American, 0.446% American Indian or Alaska Native, and 0.223% 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 Special Focus Institutions is 42.1% White, 19.3% Hispanic or Latino, and 14.1% 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, 6 students (1.34%) did not report their race.

Graduates

In 2022, 1 more women than men received degrees from Faith Baptist Bible College and Theological Seminary. The most common race/ethnicity group of degree recipients at Faith Baptist Bible College and Theological Seminary is white (77 degrees awarded). There were 25.7 times more white recipients than the next closest race/ethnicity group, black or african american (3 degrees).

The most common Associates Degree concentration at Faith Baptist Bible College and Theological Seminary is Biblical Studies (15 degrees awarded), followed by General Administrative Assistant & Secretarial Science (6 degrees) and Missionary Studies & Missiology (1 degrees).

In 2022, the most specialized majors across all degree types at Faith Baptist Bible College and Theological Seminary, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (60 degrees awarded), Education (17 degrees), and Business (12 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 Faith Baptist Bible College and Theological Seminary are Elementary & middle school teachers (1,678,451 people), Accountants & auditors (1,041,448 people), Other managers (735,388 people), Financial managers (499,926 people), and Secondary school teachers (499,835 people).

The most specialized majors at Faith Baptist Bible College and Theological Seminary in 2022 are Theology (60 degrees awarded), Education (17 degrees), Business (12 degrees), and Philosophy and Religious Studies (0 degrees) (as of 2022).

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 Faith Baptist Bible College and Theological Seminary are Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, Dentists, and Physicians

The most specialized majors at Faith Baptist Bible College and Theological Seminary are Theology (60 degrees awarded), Education (17 degrees), Business (12 degrees), and Philosophy and Religious Studies (0 degrees) (as of 2022).

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 Faith Baptist Bible College and Theological Seminary are Elementary & secondary schools (3,064,450 people), Colleges, universities & professional schools, including junior colleges (530,772 people), Computer Systems Design (526,632 people), Banking & related activities (494,672 people), and Securities, commodities, funds, trusts & other financial investments (421,296 people).

Majors Awarded

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

Most Common (2022)

Biblical Studies
11 degrees awarded
Other Theological & Ministerial Studies
10 degrees awarded
Elementary Education & Teaching
9 degrees awarded

In 2022, the most common bachelors degree concentration at Faith Baptist Bible College and Theological Seminary was Biblical Studies with 11 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 44 degrees were awarded to men at Faith Baptist Bible College and Theological Seminary, which is 0.978 times less than the number of degrees awarded to females (45).

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

Most Common Male Majors

In 2022, 15 degrees were awarded to men at Faith Baptist Bible College and Theological Seminary in Biblical Studies, which is 0.882 times less than the 17 female recipients with that same degree.

Most Common Female Majors

In 2022, 17 degrees were awarded to men at Faith Baptist Bible College and Theological Seminary in Biblical Studies, which is 1.13 times more than the 15 male recipients with that same degree.

Time to Complete

37%

100% Completion Time

48%

150% Completion Time

In 2022, 37% of students graduating from Faith Baptist Bible College and Theological Seminary completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 48% completed their degrees within 150% of the normal time, and 50% 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.

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Faith Baptist Bible College and Theological Seminary is Female and American Indian or Alaska Native (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (73.2%).

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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
77 degrees awarded
Black or African American
3 degrees awarded
Asian
2 degrees awarded

The most common race/ethnicity at Faith Baptist Bible College and Theological Seminary is white (77 degrees awarded). There were 25.7 times more white recipients than the next closest race/ethnicity group, black or african american (3 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
39 degrees awarded
White Male
38 degrees awarded
Black or African American Male
3 degrees awarded

The most common race/ethnicity and sex grouping at Faith Baptist Bible College and Theological Seminary is white female (39 degrees awarded). There were 1.03 times more white female recipients than the next closest race/ethnicity group, white male (38 degrees).

Operations

Faith Baptist Bible College and Theological Seminary has an endowment valued at nearly $4.29M, as of the end of the 2022 fiscal year. The return on its endowment was of −1.86M (−43.3%) compared to the 0.21% average return (24.5k on 11.6M) across all Special Focus Institutions.

In 2022, Faith Baptist Bible College and Theological Seminary had a total salary expenditure of 8.67M. Faith Baptist Bible College and Theological Seminary employs 9 Assistant professors, 6 Professors and 5 Associate professors. Most academics at Faith Baptist Bible College and Theological Seminary are Male Professor (6), Male Assistant professor (5), and Male Associate professor (4).

The most common positions for non-instructional staff at Faith Baptist Bible College and Theological Seminary are: Management, with 17 employees, Office and Administrative Support, with 15 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 5 employees.

Endowment

$4.29M

2022 Endowment

19.8%

decline from 2021

Faith Baptist Bible College and Theological Seminary has an endowment valued at about $4.29M, as of the end of the 2022 fiscal year. The endowment of Faith Baptist Bible College and Theological Seminary declined 19.8% from the previous year. The value of their endowment was $7.35M lower than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

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

Salary Expenditure

$3.76M

2022 Salaries

7.1%

growth from 2021

In 2022, Faith Baptist Bible College and Theological Seminary paid a median of $3.76M in salaries, which represents 43.3% of their overall expenditure ($8.67M) and a 7.1% growth from the previous year. This is compared to a 3.16% growth between 2020 and 2021, and a 7.75% growth between 2019 and 2020.

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

Instructional Salaries

$991k

Instructional Salaries

Number of Employees

In 2022, Faith Baptist Bible College and Theological Seminary paid a total of $991k to 20 employees working as instructors, which represents 26.4% of all salaries paid.

This is compared to a median of $975k (30.7%) for similar Special Focus Institutions.

Occupations by Share

Assistant professor

Most Common Instructor

9 Employees

Management

Most Common Non-Instructional Employee

17 Employees

In 2022, the most common positions for instructional staff at Faith Baptist Bible College and Theological Seminary were Assistant professor with 9 employees, Professor with 6 employees, and Associate professor with 5 employees.

In 2022, the most common positions for non-instructional staff at Faith Baptist Bible College and Theological Seminary were Management with 17 employees, Office and Administrative Support with 15 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 5 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Professor
Male Assistant professor
Male Associate professor

In 2022, the most common demographic for instructional staff at Faith Baptist Bible College and Theological Seminary was Male Professor with 6 employees, Male Assistant professor with 5 employees, and Male Associate professor with 4 employees.

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

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