Faith Baptist Bible College and Theological Seminary

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2020 Undergraduate Tuition
$16,990
1.86% growth from 2019
2020 Average Net Price
$16,896
After Financial Aid
2018 Student Loan
3.33%
Default Rate
2020 Acceptance Rate
67.6%
250 Applicants
2020 Enrolled Students
504
56.3% Full-Time
2020 Graduation Rate
48.3%
29 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 Biblical Studies (10 degrees awarded), Elementary Education & Teaching (8 degrees), and Other Theological & Ministerial Studies (5 degrees).

In 2020, 67 degrees were awarded across all undergraduate and graduate programs at Faith Baptist Bible College and Theological Seminary. 55.2% of these degrees were awarded to women, and 44.8% awarded men. The most common race/ethnicity group of degree recipients was white (59 degrees), 14.8 times more than then the next closest race/ethnicity group, two or more races (4 degrees).

The median undergraduate tuition at Faith Baptist Bible College and Theological Seminary is $16,990, which is $2,590 more than the national average for Special Focus Institutions ($14,400).

Costs

The median undergraduate tuition at Faith Baptist Bible College and Theological Seminary is $16,990, which is $2,590 more than the national average for Special Focus Institutions ($14,400).

After taking grants and loans into account, the average net price for students is $16,896.

In 2020, 86% of undergraduate students received federal grants, while 30% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$16,990
2020 Undergraduate Tuition

In 2020, the cost of tuition at Faith Baptist Bible College and Theological Seminary was $16,990. The cost of tuition at Faith Baptist Bible College and Theological Seminary is $2,590 more than than the overall (public and private) national average for Special Focus Institutions ($14,400).

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Average Net Price

$16,896
2020 Value
11.5%
1 Year Growth

In 2020 Faith Baptist Bible College and Theological Seminary had an average net price — the price paid after factoring in grants and loans — of $16,896. Between 2019 and 2020, the average net price of Faith Baptist Bible College and Theological Seminary grew by 11.5%.

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.

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Other Student Expenses

$6,970
Room and Board
$1,305
Books and Supplies

The average yearly cost of room and board at Faith Baptist Bible College and Theological Seminary was of $6,970 in 2020. During the same period, the average yearly cost of books and supplies was $1,305. The cost of room and board increased by 2.5% between 2019 and 2020. The cost of books and supplies decreased by 1.36% during the same period.

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Financial Aid

Financial Aid by Income Level

86%
Of Undergraduates Receive Grants
30%
Of Undergraduates Receive Federal Loans

86% of undergraduate students at Faith Baptist Bible College and Theological Seminary received grants or loans in 2020. This represents a decline of 3.37% with respect to 2019, 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.

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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.
3.33%
2018 Default Rate
2
Number of Defaults

In 2018 the default rate for borrower's at Faith Baptist Bible College and Theological Seminary was 3.33%, which represents 2 out of the 60 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.

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Admissions

Faith Baptist Bible College and Theological Seminary received 250 undergraduate applications in 2020, which represents a 7.76% annual growth. Out of those 250 applicants, 169 students were accepted for enrollment, representing a 67.6% acceptance rate.

There were 504 students enrolled at Faith Baptist Bible College and Theological Seminary in 2020, and 11% of first-time enrollees submitted SAT scores with their applications.

Faith Baptist Bible College and Theological Seminary has an overall enrollment yield of 56.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

67.6%
Acceptance Rate in 2020
169
Accepted Out of 250

In 2020, the undergraduate acceptance rate of Faith Baptist Bible College and Theological Seminary was 67.6% (169 admissions from 250 applications). This is higher than the acceptance rate of 2019, which was 62.5%. Between 2019 and 2020, the number of applicants grew by 7.76%, while admissions grew by 16.6%.

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SAT Scores

11%
Submission Percentage
10
Scores Submitted

11% of enrolled first-time students at Faith Baptist Bible College and Theological Seminary in 2020 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.

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Enrollment

Faith Baptist Bible College and Theological Seminary has a total enrollment of 504 students. The full-time enrollment at Faith Baptist Bible College and Theological Seminary is 284 students and the part-time enrollment is 220. This means that 56.3% 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 86.7% White, 3.57% Two or More Races, 2.98% Hispanic or Latino, 2.18% Black or African American, 1.98% Asian, 0.397% American Indian or Alaska Native, and 0.198% 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 (47.8%), followed by White Male (40%) and Asian Female (1.96%). Students enrolled in full-time Graduate programs are most commonly White Male (65.5%), followed by Black or African American Male (6.9%) and Asian Male (3.45%).

Full-Time vs Part-Time Enrollment

56.3%
Full-Time Enrollment

The total enrollment at Faith Baptist Bible College and Theological Seminary, both undergraduate and graduate, is 504 students. The full-time enrollment at Faith Baptist Bible College and Theological Seminary is 284 and the part-time enrollment is 220. This means that 56.3% of students enrolled at Faith Baptist Bible College and Theological Seminary are enrolled full-time compared with 68.5% 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.

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Retention Rate over Time

72%
2020 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 72%. Compared with the full-time retention rate at similar Special Focus Institutions (71.5%), 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    437
  2. Two or More Races
    18
  3. Hispanic or Latino
    15

The enrolled student population at Faith Baptist Bible College and Theological Seminary is 86.7% White, 3.57% Two or More Races, 2.98% Hispanic or Latino, 2.18% Black or African American, 1.98% Asian, 0.397% American Indian or Alaska Native, and 0.198% 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% White, 17.3% Hispanic or Latino, and 14.4% 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, 0 students (0%) did not report their race.

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Graduates

In 2020, 7 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 (59 degrees awarded). There were 14.8 times more white graduates than the next closest race/ethnicity group, two or more races (4 degrees).

The most common Bachelor's Degree concentration at Faith Baptist Bible College and Theological Seminary is Biblical Studies (10 degrees awarded), followed by Elementary Education & Teaching (8 degrees) and Other Theological & Ministerial Studies (5 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 (47 degrees awarded), Philosophy and Religious Studies (1 degrees), and Education (11 degrees).

Workforce

Common Jobs by Major

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 (47 degrees awarded), Philosophy and Religious Studies (1 degrees), Education (11 degrees), and Business (8 degrees).

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Highest Paying Jobs by Major

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

The most specialized majors at Faith Baptist Bible College and Theological Seminary are Theology (47 degrees awarded), Philosophy and Religious Studies (1 degrees), Education (11 degrees), and Business (8 degrees).

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Common Industries by Major

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).

The most specialized majors at Faith Baptist Bible College and Theological Seminary are Theology (47 degrees awarded), Philosophy and Religious Studies (1 degrees), Education (11 degrees), and Business (8 degrees).

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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
  1. 10 degree-majorss awarded
  2. 8 degree-majorss awarded
  3. 5 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Faith Baptist Bible College and Theological Seminary was Biblical Studies with 10 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.

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Sex Breakdown for Common Majors

30
Degrees Awarded to Men
in 2020
37
Degrees Awarded to Women
in 2020

In 2020, 30 degrees were awarded to men at Faith Baptist Bible College and Theological Seminary, which is 0.811 times less than the number of degrees awarded to females (37).

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

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Most Common Male Majors

In 2020, 14 degrees were awarded to men at Faith Baptist Bible College and Theological Seminary in Biblical Studies, which is 1.27 times more than the 11 female recipients with that same degree.

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Most Common Female Majors

In 2020, 11 degrees were awarded to women at Faith Baptist Bible College and Theological Seminary in Biblical Studies, which is 0.786 times less than the 14 male recipients with that same degree.

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Time to Complete

38%
100% Completion Time
49%
150% Completion Time

In 2020, 38% 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, 49% completed their degrees within 150% of the normal time, and 49% 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.

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Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
White Female
Highest Graduation Rate (51.9%)

The student demographic with the highest graduation rate at Faith Baptist Bible College and Theological Seminary is Female and White (51.9% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (72.4%).

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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    59 degrees awarded
  2. Two or More Races
    4 degrees awarded
  3. Asian
    2 degrees awarded

The most common race/ethnicity at Faith Baptist Bible College and Theological Seminary is white (59 degrees awarded). There were 14.8 times more white recipients than the next closest race/ethnicity group, two or more races (4 degrees).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Female
    30 degrees awarded
  2. White Male
    29 degrees awarded
  3. Two or More Races Female
    3 degrees awarded

The most common race/ethnicity and sex grouping at Faith Baptist Bible College and Theological Seminary is white female (30 degrees awarded). There were 1.03 times more white female recipients than the next closest race/ethnicity group, white male (29 degrees).

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Operations

Faith Baptist Bible College and Theological Seminary has an endowment valued at nearly $4.58M, as of the end of the 2020 fiscal year. The return on its endowment was of $594k (13%), compared to the 1.87% average return ($195k on $10.4M) across all Special Focus Institutions.

In 2020, Faith Baptist Bible College and Theological Seminary had a total salary expenditure of $7.54M. Faith Baptist Bible College and Theological Seminary employs 9 Assistant professors, 6 Professors, and 4 Associate professors. Most academics at Faith Baptist Bible College and Theological Seminary are Male Assistant professors (7), Male Professors(6), and Male Associate professors (3).

The most common positions for non-instructional staff at Faith Baptist Bible College and Theological Seminary are: Management, with 19 employees, Office and Administrative Support, with 15 employees, and Sales and related with 5 employees.

Finances

Endowment

$4.58M
2020 Endowment
2.33%
growth from 2019

Faith Baptist Bible College and Theological Seminary has an endowment valued at about $4.58M, as of the end of the 2020 fiscal year. The endowment of Faith Baptist Bible College and Theological Seminary grew 2.33% from the previous year. The value of their endowment was $5.85M 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.

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Government Grants and Contracts

Grants & Contracts
  1. $570k - Federal
  2. $405k - State
  3. $0 - Local

As of 2020, Faith Baptist Bible College and Theological Seminary received $570k in grants and contracts from the federal government, $405k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$3.4M
2020 Salaries
7.75%
growth from 2019

In 2020, Faith Baptist Bible College and Theological Seminary paid a median of $3.4M in salaries, which represents 45.1% of their overall expenditure ($7.54M) and a 7.75% growth from the previous year. This is compared to a 6.78% growth from 2018 and a 5.85% growth from 2017.

The median for similar Special Focus Institutions is 2.95M (42.1% of overall expenditures).

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Instructional Salaries

$940k
Instructional Salaries
20
Number of Employees

In 2020, Faith Baptist Bible College and Theological Seminary paid a total of $940k to 20 employees working as instructors, which represents 27.6% of all salaries paid.

This is compared to a median of $855k (29%) for similar Special Focus Institutions.

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Faculty and Staff

Occupations by Share

Assistant professor
Most Common Instructor
9 Employees
Management
Most Common Non-Instructional Employee
19 Employees

In 2020, 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 Professor with 4 employees.

In 2020, the most common positions for non-instructional staff at Faith Baptist Bible College and Theological Seminary were Management with 19 employees; Office and Administrative Support with 15 employees; and Sales and related with 5 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic
  1. Male Assistant professor
  2. Male Professor
  3. Male Associate professor

In 2020, the most common demographic for instructional staff at Faith Baptist Bible College and Theological Seminary was Male Assistant professor with 7 employees, Male Professor with 6 employees, and Male Associate professor with 3 employees.

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

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