Faith Baptist Bible College and Theological Seminary

https://www.faith.edu

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2019 Undergraduate Tuition

$16,680

2.49% growth from 2018

2019 Average Net Price

$15,151

After Financial Aid

2017 Student Loan

3.85%

Default Rate

2019 Acceptance Rate

62.5%

232 Applicants

2019 Enrolled Students

362

68% Full-Time

2018 Graduation Rate

48.9%

23 Graduates

About

Faith Baptist Bible College and Theological Seminary is a higher education institution located in Polk County, IA. In 2016, the most popular Bachelor's Degree concentrations at Faith Baptist Bible College and Theological Seminary were Other Theological & Ministerial Studies (14 degrees awarded), Biblical Studies (11 degrees), and Elementary Education & Teaching (6 degrees).

In 2019, 81 degrees were awarded across all undergraduate and graduate programs at Faith Baptist Bible College and Theological Seminary. 49.4% of these degrees were awarded to women, and 50.6% awarded men. The most common race/ethnicity group of degree recipients was white (78 degrees), 78 times more than then the next closest race/ethnicity group, two or more races (1 degrees).

The median undergraduate tuition at Faith Baptist Bible College and Theological Seminary is $16,680, which is $2,180 more than the national average for Special Focus Institutions ($14,500).

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

Costs

The median undergraduate tuition at Faith Baptist Bible College and Theological Seminary is $16,680, which is $2,180 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 $15,151.

In 2019, 89% of undergraduate students received federal grants, while 33% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$16,680

2019 Undergraduate Tuition

In 2019, the cost of tuition at Faith Baptist Bible College and Theological Seminary was $16,680. The cost of tuition at Faith Baptist Bible College and Theological Seminary is $2,180 more than than the overall (public and private) national average for Special Focus Institutions ($14,500).

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

$15,151

2019 Value

1.32%

1 Year Growth

In 2019 Faith Baptist Bible College and Theological Seminary had an average net price — the price paid after factoring in grants and loans — of $15,151. Between 2018 and 2019, the average net price of Faith Baptist Bible College and Theological Seminary grew by 1.32%.

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

$6,800

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 $6,800 in 2019. During the same period, the average yearly cost of books and supplies was $1,323. The cost of room and board did not change between 2018 and 2019. The cost of books and supplies decreased by 1.19% 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

Financial Aid by Income Level

89%

Of Undergraduates Receive Grants

33%

Of Undergraduates Receive Federal Loans

89% of undergraduate students at Faith Baptist Bible College and Theological Seminary received grants or loans in 2019. This represents a growth of 0% with respect to 2018, when 89% 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.

3.85%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at Faith Baptist Bible College and Theological Seminary was 3.85%, which represents 2 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.

Admissions

Faith Baptist Bible College and Theological Seminary received 232 undergraduate applications in 2019, which represents a 32.6% annual growth. Out of those 232 applicants, 145 students were accepted for enrollment, representing a 62.5% acceptance rate.

There were 362 students enrolled at Faith Baptist Bible College and Theological Seminary in 2019, and N/A% of first-time enrollees submitted SAT scores with their applications.

Faith Baptist Bible College and Theological Seminary has an overall enrollment yield of 57.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

62.5%

Acceptance Rate in 2019

145

Accepted Out of 232

In 2019, the undergraduate acceptance rate of Faith Baptist Bible College and Theological Seminary was 62.5% (145 admissions from 232 applications). This is higher than the acceptance rate of 2018, which was 62.3%. Between 2018 and 2019, the number of applicants grew by 32.6%, while admissions grew by 33%.

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

SAT Scores

N/A%

Submission Percentage

Scores Submitted

N/A% of enrolled first-time students at Faith Baptist Bible College and Theological Seminary in 2019 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

Faith Baptist Bible College and Theological Seminary has a total enrollment of 362 students. The full-time enrollment at Faith Baptist Bible College and Theological Seminary is 246 students and the part-time enrollment is 116. This means that 68% 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 87% White, 4.14% Two or More Races, 3.04% Asian, 1.38% Black or African American, 0.552% Hispanic or Latino, 0.276% American Indian or Alaska Native, and 0% 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 (46.7%), followed by White Male (40%) and Asian Female (2.92%). Students enrolled in full-time Graduate programs are most commonly White Male (50%), followed by White Female (33.3%) and Black or African American Male (16.7%).

Full-Time vs Part-Time Enrollment

68%

Full-Time Enrollment

The total enrollment at Faith Baptist Bible College and Theological Seminary, both undergraduate and graduate, is 362 students. The full-time enrollment at Faith Baptist Bible College and Theological Seminary is 246 and the part-time enrollment is 116. This means that 68% of students enrolled at Faith Baptist Bible College and 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 Faith Baptist Bible College and Theological Seminary (in red) compares to similar universities.

Retention Rate over Time

83%

2019 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 83%. Compared with the full-time retention rate at similar Special Focus Institutions (72%), 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

White
315
Two or More Races
15
Asian
11

The enrolled student population at Faith Baptist Bible College and Theological Seminary is 87% White, 4.14% Two or More Races, 3.04% Asian, 1.38% Black or African American, 0.552% Hispanic or Latino, 0.276% American Indian or Alaska Native, and 0% 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 44.8% White, 15.6% Hispanic or Latino, and 14.5% 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, 3 students (0.829%) did not report their race.

Graduates

In 2019, 1 fewer 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 (78 degrees awarded). There were 78 times more white graduates than the next closest race/ethnicity group, two or more races (1 degrees).

The most common Bachelor's Degree concentration at Faith Baptist Bible College and Theological Seminary is Other Theological & Ministerial Studies (14 degrees awarded), followed by Biblical Studies (11 degrees) and Elementary Education & Teaching (6 degrees).

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 (62 degrees awarded), Philosophy and Religious Studies (2 degrees), and Education (8 degrees).

Workforce

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 (1,562,509 people), Accountants & auditors (994,011 people), Other managers (725,404 people), Secondary school teachers (538,988 people), and Financial managers (497,953 people).

The most specialized majors at Faith Baptist Bible College and Theological Seminary are Theology (62 degrees awarded), Philosophy and Religious Studies (2 degrees), Education (8 degrees), and Business (9 degrees).

Highest Paying Jobs by Major

Securities, commodities, & financial services sales agents

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 Securities, commodities, & financial services sales agents, Surgeons, Physicians, Magnetic resonance imaging technologists, and Actuaries

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 (3,039,133 people), Colleges, universities & professional schools, including junior colleges (520,402 people), Banking & related activities (491,275 people), Computer Systems Design (485,757 people), and Insurance carriers (414,185 people).

Degrees

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

Other Theological & Ministerial Studies
14 degree-majorss awarded
Biblical Studies
11 degree-majorss awarded
Elementary Education & Teaching
6 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Faith Baptist Bible College and Theological Seminary was Other Theological & Ministerial Studies with 14 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.

Gender Breakdown for Common Majors

Degrees Awarded to Men

in 2019

Degrees Awarded to Women

in 2019

In 2019, 41 degrees were awarded to men at Faith Baptist Bible College and Theological Seminary, which is 1.02 times more than the number of degrees awarded to females (40).

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

Most Common Male Majors

In 2019, 15 degrees were awarded to men at Faith Baptist Bible College and Theological Seminary in Biblical Studies, which is 0.833 times less than the 18 female recipients with that same degree.

Most Common Female Majors

In 2019, 18 degrees were awarded to women at Faith Baptist Bible College and Theological Seminary in Biblical Studies, which is 1.2 times more than the 15 male recipients with that same degree.

Time to Complete

35%

100% Completion Time

37%

150% Completion Time

In 2019, 35% 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, 37% completed their degrees within 150% of the normal time, and 37% 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.

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Faith Baptist Bible College and Theological Seminary is Female and Two or More Races (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (69.1%).

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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
78 degrees awarded
Two or More Races
1 degrees awarded
Unknown
1 degrees awarded

The most common race/ethnicity at Faith Baptist Bible College and Theological Seminary is white (78 degrees awarded). There were 78 times more white recipients than the next closest race/ethnicity group, two or more races (1 degrees).

1.23% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Male
40 degrees awarded
White Female
38 degrees awarded
Two or More Races Female
1 degrees awarded

The most common race/ethnicity and gender grouping at Faith Baptist Bible College and Theological Seminary is white male (40 degrees awarded). There were 1.05 times more white male recipients than the next closest race/ethnicity group, white female (38 degrees).

Operations

Faith Baptist Bible College and Theological Seminary has an endowment valued at nearly $4.48M, as of the end of the 2019 fiscal year. The return on its endowment was of $726k (16.2%), compared to the 2.77% average return ($279k on $10.1M) across all Special Focus Institutions.

In 2019, Faith Baptist Bible College and Theological Seminary had a total salary expenditure of $7.6M. Faith Baptist Bible College and Theological Seminary employs 7 Professors, 7 Assistant professors, and 4 Associate professors. Most academics at Faith Baptist Bible College and Theological Seminary are Male Professors (7), Male Assistant professors(5), and Male Associate professors (3).

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 12 employees, and Service with 6 employees.

Finances

Endowment

$4.48M

2019 Endowment

3.11%

growth from 2018

Faith Baptist Bible College and Theological Seminary has an endowment valued at about $4.48M, as of the end of the 2019 fiscal year. The endowment of Faith Baptist Bible College and Theological Seminary grew 3.11% from the previous year. The value of their endowment was $5.63M 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.

Government Grants and Contracts

Grants & Contracts

$581k - Federal
$408k - State
$0 - Local

As of 2019, Faith Baptist Bible College and Theological Seminary received $581k in grants and contracts from the federal government, $408k from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$3.16M

2019 Salaries

6.78%

growth from 2018

In 2019, Faith Baptist Bible College and Theological Seminary paid a median of $3.16M in salaries, which represents 41.5% of their overall expenditure ($7.6M) and a 6.78% growth from the previous year. This is compared to a 5.85% growth from 2017 and a 8.82% growth from 2016.

The median for similar Special Focus Institutions is 2.89M (42.3% of overall expenditures).

Instructional Salaries

$890k

Instructional Salaries

Number of Employees

In 2019, Faith Baptist Bible College and Theological Seminary paid a total of $890k to 19 employees working as instructors, which represents 28.2% of all salaries paid.

This is compared to a median of $857k (29.6%) for similar Special Focus Institutions.

Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

7 Employees

Management

Most Common Non-Instructional Employee

17 Employees

In 2019, the most common positions for instructional staff at Faith Baptist Bible College and Theological Seminary were Professor with 7 employees; Assistant professor with 7 employees; and Assistant professor with 4 employees.

In 2019, 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 12 employees; and Service with 6 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male Professor
Male Assistant professor
Male Associate professor

In 2019, the most common demographic for instructional staff at Faith Baptist Bible College and Theological Seminary was Male Professor with 7 employees, Male Assistant professor with 5 employees, and Male Associate professor with 3 employees.

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

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