Grace Bible College

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2017 Undergraduate Tuition

$10,969

7.75% growth from 2016

2017 Average Net Price

$13,904

After Financial Aid

2017 Acceptance Rate

64.1%

365 Applicants

2017 Enrolled Students

910

93.6% Full-Time

2017 Graduation Rate

44.3%

31 Graduates

About

Grace Bible College is a higher education institution located in Kent County, MI. In 2016, the most popular Bachelor's Degree concentrations at Grace Bible College were Lay Ministry (26 degrees awarded), General Human Services (14 degrees), and Biblical Studies (9 degrees).

In 2017, 147 degrees were awarded across all undergraduate and graduate programs at Grace Bible College. 53.7% of these degrees were awarded to women, and 46.3% awarded men. The majority of degree recipients were white (94 degrees), 3.03 times more than then the next closest race/ethnicity group, black or african american (31 degrees).

The median undergraduate tuition at Grace Bible College is $10,969, which is $-1,921 less than the national average for Baccalaureate/Associates Colleges ($12,890).

Costs

The median undergraduate tuition at Grace Bible College is $10,969, which is $-1,921 less than the national average for Baccalaureate/Associates Colleges ($12,890).

After taking grants and loans into account, the average net price for students is $13,904.

In 2017, 78% of undergraduate students received federal grants, while 77% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$10,969

2017 Undergraduate Tuition

In 2017, the cost of tuition at Grace Bible College was $10,969. The cost of tuition at Grace Bible College is $-1,921 less than than the overall (public and private) national average for Baccalaureate/Associates Colleges ($12,890).

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Average Net Price

$13,904

2017 Value

3%

1 Year Growth

In 2017 Grace Bible College had an average net price — the price paid after factoring in grants and loans — of $13,904. Between 2016 and 2017, the average net price of Grace Bible College grew by 3%.

This chart compares the average net price of Grace Bible College (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

$7,125

Room and Board

$600

Books and Supplies

The average yearly cost of room and board at Grace Bible College was of $7,125 in 2017. During the same period, the average yearly cost of books and supplies was $600. The cost of room and board increased by 1.35% between 2016 and 2017. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

78%

Of Undergraduates Receive Grants

77%

Of Undergraduates Receive Federal Loans

78% of undergraduate students at Grace Bible College received grants or loans in 2017. This represents a decline of 11.4% with respect to 2016, when 88% of undergraduate students received financial aid.

This chart compares the average award discount at Grace Bible College (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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Admissions

Grace Bible College received 365 undergraduate applications in 2017, which represents a 16.6% annual growth. Out of those 365 applicants, 234 students were accepted for enrollment, representing a 64.1% acceptance rate.

There were 910 students enrolled at Grace Bible College in 2017, and N/A% of first-time enrollees submitted SAT scores with their applications.

Grace Bible College has an overall enrollment yield of 59.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

64.1%

Acceptance Rate in 2017

234

Accepted Out of 365

In 2017, the undergraduate acceptance rate of Grace Bible College was 64.1% (234 admissions from 365 applications). This is lower than the acceptance rate of 2016, which was 80.5%. Between 2016 and 2017, the number of applicants grew by 16.6%, while admissions declined by -7.14%.

This chart compares the acceptance rate of Grace Bible College (in red) with that of other similar universities.

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SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at Grace Bible College in 2017 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

Grace Bible College has a total enrollment of 910 students. The full-time enrollment at Grace Bible College is 852 students and the part-time enrollment is 58. This means that 93.6% of students enrolled at Grace Bible College are enrolled full-time.

The enrolled student population at Grace Bible College, both undergraduate and graduate, is 56.3% White, 26.8% Black or African American, 4.73% Hispanic or Latino, 4.62% Two or More Races, 1.32% Asian, 1.1% American Indian or Alaska Native, and 0.22% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Grace Bible College in full-time Undergraduate programs are majority White Female (29.1%), followed by White Male (25.6%) and Black or African American Female (17.8%). Students enrolled in full-time Graduate programs are majority White Male (50%), followed by Black or African American Male (25%) and White Female (12.5%).

Full-Time vs Part-Time Enrollment

93.6%

Full-Time Enrollment

The total enrollment at Grace Bible College, both undergraduate and graduate, is 910 students. The full-time enrollment at Grace Bible College is 852 and the part-time enrollment is 58. This means that 93.6% of students enrolled at Grace Bible College are enrolled full-time compared with 45.4% at similar Baccalaureate/Associates Colleges.

This chart shows the full-time vs part-time enrollment status at Grace Bible College (in red) compares to similar universities.

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Retention Rate over Time

61%

2017 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 Bible College was 61%. Compared with the full-time retention rate at similar Baccalaureate/Associates Colleges (64%), Grace Bible College had a retention rate lower than its peers.

This chart shows the retention rate over time at Grace Bible College (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    512

  2. Black or African American

    244

  3. Hispanic or Latino

    43

The enrolled student population at Grace Bible College is 56.3% White, 26.8% Black or African American, 4.73% Hispanic or Latino, 4.62% Two or More Races, 1.32% Asian, 1.1% American Indian or Alaska Native, and 0.22% 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 Baccalaureate/Associates Colleges is 46.1% White, 24.4% Hispanic or Latino, and 14% 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, 43 students (4.73%) did not report their race.

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Graduates

In 2017, 11 more women than men received degrees from Grace Bible College. The majority of degree recipients at Grace Bible College are white (94 degrees awarded). There were 3.03 times more white graduates than the next closest race/ethnicity group, black or african american (31 degrees).

The most common Bachelor's Degree concentration at Grace Bible College is Lay Ministry (26 degrees awarded), followed by General Human Services (14 degrees) and Biblical Studies (9 degrees).

The most specialized majors across all degree types at Grace Bible College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (81 degrees awarded), Public Administration and Social Service (34 degrees), and Visual & Performing Arts (7 degrees).

Workforce

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Grace Bible College are Accountants & auditors (1,106,062 people), Other managers (687,444 people), Financial managers (432,728 people), Elementary & middle school teachers (367,454 people), and Chief executives & legislators (330,900 people).

The most specialized majors at Grace Bible College are Theology (81 degrees awarded), Public Administration and Social Service (34 degrees), Visual & Performing Arts (7 degrees), Interdisciplinary Studies (2 degrees), and Business (15 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Grace Bible College are Surgeons, Securities, commodities, & financial services sales agents, Physicians, Dentists, and Magnetic resonance imaging technologists

The most specialized majors at Grace Bible College are Theology (81 degrees awarded), Public Administration and Social Service (34 degrees), Visual & Performing Arts (7 degrees), Interdisciplinary Studies (2 degrees), and Business (15 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 Grace Bible College are Elementary & secondary schools (746,789 people), Banking & related activities (508,055 people), Computer Systems Design (479,331 people), Colleges, universities & professional schools, including junior colleges (467,600 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (459,338 people).

The most specialized majors at Grace Bible College are Theology (81 degrees awarded), Public Administration and Social Service (34 degrees), Visual & Performing Arts (7 degrees), Interdisciplinary Studies (2 degrees), and Business (15 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 Grace Bible College.

Most Common

  1. 26 degrees awarded

  2. 14 degrees awarded

  3. 9 degrees awarded

In 2017, the most common bachelors degree concentration at Grace Bible College was Lay Ministry with 26 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Grace Bible College according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 68

  2. 79

In 2017, 68 degrees were awarded to men at Grace Bible College, which is 0.861 times less than the number of degrees awarded to females (79).

This chart displays the gender disparity between the top 5 majors at Grace Bible College by degrees awarded.

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Most Common Male Majors

In 2017, 37 degrees were awarded to men at Grace Bible College in Lay Ministry, which is 1.23 times more than the 30 female recipients with that same degree.

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Most Common Female Majors

In 2017, 30 degrees were awarded to women at Grace Bible College in Lay Ministry, which is 0.811 times less than the 37 male recipients with that same degree.

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Time to Complete

33%

100% Completion Time

53%

150% Completion Time

In 2017, 33% of students graduating from Grace Bible College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 53% completed their degrees within 150% of the normal time, and 58% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate/Associates Colleges 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 Gender

Showing demographic groups with ≥ 5 graduating students.

Black or African American Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Grace Bible College is Male and Black or African American (100% graduation rate). Across all Baccalaureate/Associates Colleges, Asian Female students have the highest graduation rate (68.1%).

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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    94 degrees awarded

  2. Black or African American

    31 degrees awarded

  3. Hispanic or Latino

    8 degrees awarded

The most common race/ethnicity at Grace Bible College is white (94 degrees awarded). There were 3.03 times more white recipients than the next closest race/ethnicity group, black or african american (31 degrees).

3.4% of degree recipients (5 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    48 degrees awarded

  2. White Male

    46 degrees awarded

  3. Black or African American Female

    22 degrees awarded

The most common race/ethnicity and gender grouping at Grace Bible College is white female (48 degrees awarded). There were 1.04 times more white female recipients than the next closest race/ethnicity group, white male (46 degrees).

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Operations

Grace Bible College has an endowment valued at nearly $N/A, as of the end of the 2017 fiscal year. The return on its endowment was of $152k (N/A%), compared to the 1.44% average return ($144k on $10M) across all Baccalaureate/Associates Colleges.

In 2017, Grace Bible College had a total salary expenditure of $11.5M. Grace Bible College employs 6 Professors, 3 Associate professors, and 2 Instructors. Most academics at Grace Bible College are Male Professors (5), Male Instructors(2), and Female Associate professors (2).

The most common positions for non-instructional staff at Grace Bible College are: Office and Administrative Support, with 25 employees, Business and Financial Operations, with 12 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 11 employees.

Finances

Endowment

$N/A

2017 Endowment

0%

growth from 2016

Grace Bible College has an endowment valued at about $N/A, as of the end of the 2017 fiscal year. The endowment of Grace Bible College stayed 0% from the previous year. The value of their endowment was $N/A approximately the same as than the median endowment of Baccalaureate/Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Grace Bible College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate/Associates Colleges: Mixed Baccalaureate/Associates Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $2.59M - Federal

  2. $466k - State

  3. $0 - Local

As of 2017, Grace Bible College received $2.59M in grants and contracts from the federal government, $466k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$4.47M

2017 Salaries

6.63%

growth from 2016

In 2017, Grace Bible College paid a median of $4.47M in salaries, which represents 38.7% of their overall expenditure ($11.5M) and a 6.63% growth from the previous year. This is compared to a 19.5% growth from 2015 and a 12.8% growth from 2014.

The median for similar Baccalaureate/Associates Colleges is 6.2M (33.2% of overall expenditures).

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Instructional Salaries

$600k

Instructional Salaries

13

Number of Employees

In 2017, Grace Bible College paid a total of $600k to 13 employees working as instructors, which represents 13.4% of all salaries paid.

This is compared to a median of $916k (25.3%) for similar Baccalaureate/Associates Colleges: Mixed Baccalaureate/Associates.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

6 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

25 Employees

In 2017, the most common positions for instructional staff at Grace Bible College were Professor with 6 employees; Associate professor with 3 employees; and Associate professor with 2 employees.

In 2017, the most common positions for non-instructional staff at Grace Bible College were Office and Administrative Support with 25 employees; Business and Financial Operations with 12 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 11 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Male Instructor

  3. Female Associate professor

In 2017, the most common demographic for instructional staff at Grace Bible College was Male Professor with 5 employees, Male Instructor with 2 employees, and Female Associate professor with 2 employees.

This chart shows the gender split between each academic rank present at Grace Bible College.

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