Grace Bible College

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2016 Undergraduate Tuition

$11,890

3.27% growth from 2015

2016 Average Net Price

$13,499

After Financial Aid

2016 Acceptance Rate

80.5%

313 Applicants

2016 Enrolled Students

1,012

94.4% Full-Time

2016 Graduation Rate

29.4%

15 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 (23 degrees awarded), General Human Services (18 degrees), and Other Music (16 degrees).

In 2016, 123 degrees were awarded across all undergraduate and graduate programs at Grace Bible College. 50.4% of these degrees were awarded to women, and 49.6% awarded men. The majority of degree recipients were white (85 degrees), 3.27 times more than then the next closest race/ethnicity group, black or african american (26 degrees).

The median undergraduate tuition at Grace Bible College is $11,890, which is $-910 less than the national average for Baccalaureate/Associates Colleges ($12,800).

Costs

The median undergraduate tuition at Grace Bible College is $11,890, which is $-910 less than the national average for Baccalaureate/Associates Colleges ($12,800).

After taking grants and loans into account, the average net price for students is $13,499.

In 2016, 88% of undergraduate students received federal grants, while 82% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$11,890

2016 Undergraduate Tuition

In 2016, the cost of tuition at Grace Bible College was $11,890. The cost of tuition at Grace Bible College is $-910 less than than the overall (public and private) national average for Baccalaureate/Associates Colleges ($12,800).

This chart compares the tuition costs of Grace Bible College (in red) with those of other similar universities.

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Average Net Price

$13,499

2016 Value

4.73%

1 Year Growth

In 2016 Grace Bible College had an average net price — the price paid after factoring in grants and loans — of $13,499. Between 2015 and 2016, the average net price of Grace Bible College grew by 4.73%.

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

$7,030

Room and Board

$600

Books and Supplies

The average yearly cost of room and board at Grace Bible College was of $7,030 in 2016. During the same period, the average yearly cost of books and supplies was $600. The cost of room and board increased by 1.37% between 2015 and 2016. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

88%

Of Undergraduates Receive Grants

82%

Of Undergraduates Receive Federal Loans

88% of undergraduate students at Grace Bible College received grants or loans in 2016. This represents a growth of 6.02% with respect to 2015, when 83% 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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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.

N/A%

N/A Default Rate

N/A

Number of Defaults

In N/A the default rate for borrower's at Grace Bible College was N/A%, which represents N/A out of the N/A 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

Grace Bible College received 313 undergraduate applications in 2016, which represents a 14% annual decline. Out of those 313 applicants, 252 students were accepted for enrollment, representing a 80.5% acceptance rate.

There were 1,012 students enrolled at Grace Bible College in 2016, and N/A% of first-time enrollees submitted SAT scores with their applications.

Grace Bible College has an overall enrollment yield of 38.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

80.5%

Acceptance Rate in 2016

252

Accepted Out of 313

In 2016, the undergraduate acceptance rate of Grace Bible College was 80.5% (252 admissions from 313 applications). This is lower than the acceptance rate of 2015, which was 81.3%. Between 2015 and 2016, the number of applicants declined by -140%, while admissions declined by -149%.

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 2016 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 1,012 students. The full-time enrollment at Grace Bible College is 955 students and the part-time enrollment is 57. This means that 94.4% of students enrolled at Grace Bible College are enrolled full-time.

The enrolled student population at Grace Bible College, both undergraduate and graduate, is 55.3% White, 27.2% Black or African American, 5.63% Hispanic or Latino, 4.15% Two or More Races, 1.09% Asian, 1.09% American Indian or Alaska Native, and 0.296% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Grace Bible College in full-time Undergraduate programs are majority White Male (27.1%), followed by White Female (27%) and Black or African American Female (18.2%). Students enrolled in full-time Graduate programs are majority White Male (50%), followed by Black or African American Female (30%) and White Female (10%).

Full-Time vs Part-Time Enrollment

94.4%

Full-Time Enrollment

The total enrollment at Grace Bible College, both undergraduate and graduate, is 1,012 students. The full-time enrollment at Grace Bible College is 955 and the part-time enrollment is 57. This means that 94.4% of students enrolled at Grace Bible College are enrolled full-time compared with 44.9% 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

66%

2016 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 66%. Compared with the full-time retention rate at similar Baccalaureate/Associates Colleges (63%), Grace Bible College had a retention rate higher 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

    560

  2. Black or African American

    275

  3. Hispanic or Latino

    57

The enrolled student population at Grace Bible College is 55.3% White, 27.2% Black or African American, 5.63% Hispanic or Latino, 4.15% Two or More Races, 1.09% Asian, 1.09% American Indian or Alaska Native, and 0.296% 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 47.2% White, 23.1% Hispanic or Latino, and 14.6% 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, 49 students (4.84%) did not report their race.

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Graduates

In 2016, 1 more women than men received degrees from Grace Bible College. The majority of degree recipients at Grace Bible College are white (85 degrees awarded). There were 3.27 times more white graduates than the next closest race/ethnicity group, black or african american (26 degrees).

The most common Bachelor's Degree concentration at Grace Bible College is Lay Ministry (23 degrees awarded), followed by General Human Services (18 degrees) and Other Music (16 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 (73 degrees awarded), Public Administration and Social Service (18 degrees), and Visual & Performing Arts (16 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 Grace Bible College are Elementary & middle school teachers (220,160 people), Social workers (202,793 people), Designers (195,747 people), Miscellaneous managers (171,199 people), and Clergy (92,853 people).

The most specialized majors at Grace Bible College are Theology (73 degrees awarded), Public Administration and Social Service (18 degrees), Visual & Performing Arts (16 degrees), Interdisciplinary Studies (5 degrees), and Liberal Arts & Humanities (5 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 Grace Bible College are Public relations specialists, Securities, commodities, & financial services sales agents, Aircraft pilots & flight engineers, Physicians & surgeons, and Financial analysts

The most specialized majors at Grace Bible College are Theology (73 degrees awarded), Public Administration and Social Service (18 degrees), Visual & Performing Arts (16 degrees), Interdisciplinary Studies (5 degrees), and Liberal Arts & Humanities (5 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 (412,160 people), Hospitals (213,566 people), Colleges, universities & professional schools, including junior colleges (203,237 people), Individual & family services (126,226 people), and Religious organizations (123,821 people).

The most specialized majors at Grace Bible College are Theology (73 degrees awarded), Public Administration and Social Service (18 degrees), Visual & Performing Arts (16 degrees), Interdisciplinary Studies (5 degrees), and Liberal Arts & Humanities (5 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. 23 degrees awarded

  2. 18 degrees awarded

  3. 16 degrees awarded

In 2016, the most common bachelors degree concentration at Grace Bible College was Lay Ministry with 23 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. 61

  2. 62

In 2016, 61 degrees were awarded to men at Grace Bible College, which is 0.984 times less than the number of degrees awarded to females (62).

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 2016, 31 degrees were awarded to men at Grace Bible College in Lay Ministry, which is 1.15 times more than the 27 female recipients with that same degree.

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Most Common Female Majors

In 2016, 27 degrees were awarded to women at Grace Bible College in Lay Ministry, which is 0.871 times less than the 31 male recipients with that same degree.

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Time to Complete

21%

100% Completion Time

35%

150% Completion Time

In 2016, 21% of students graduating from Grace Bible College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 35% completed their degrees within 150% of the normal time, and 40% 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.

Hispanic or Latino Male

Highest Graduation Rate (50%)

The student demographic with the highest graduation rate at Grace Bible College is Male and Hispanic or Latino (50% graduation rate). Across all Baccalaureate/Associates Colleges, Asian Female students have the highest graduation rate (67.2%).

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.

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

    85 degrees awarded

  2. Black or African American

    26 degrees awarded

  3. Hispanic or Latino

    6 degrees awarded

The most common race/ethnicity at Grace Bible College is white (85 degrees awarded). There were 3.27 times more white recipients than the next closest race/ethnicity group, black or african american (26 degrees).

0.813% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    43 degrees awarded

  2. White Female

    42 degrees awarded

  3. Black or African American Male

    13 degrees awarded

The most common race/ethnicity and gender grouping at Grace Bible College is white male (43 degrees awarded). There were 1.02 times more white male recipients than the next closest race/ethnicity group, white female (42 degrees).

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Operations

Grace Bible College has an endowment valued at nearly $N/A, as of the end of the 2015 fiscal year. The return on its endowment was of $-20.1k (N/A%), compared to the 0.934% average return ($83.5k on $8.94M) across all Baccalaureate/Associates Colleges.

In 2015, Grace Bible College had a total expenditure of $9.16M. Of that $9.16M, they spent $3.51M on salaries and $9.16M on benefits.

Grace Bible College employs 6 Professors, 2 Instructors, and 2 Assistant professors. Most academics at Grace Bible College are Male Professors (5), Male Instructors(2), and Female Professors (1).

The most common positions for non-instructional staff at Grace Bible College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 35 employees, Management, with 10 employees, and Business and Financial Operations with 6 employees.

Finances

Endowment

$N/A

2015 Endowment

0%

growth from 2014

Grace Bible College has an endowment valued at about $N/A, as of the end of the 2015 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. $2.3M - Federal

  2. $393k - State

  3. $0 - Local

As of 2015, Grace Bible College received $2.3M in grants and contracts from the federal government, $393k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$3.51M

Salary Expenditure

$9.16M

Benefits Expenditure

In 2015, Grace Bible College had a total expenditure of $9.16M. Of that $9.16M, they spent $3.51M on salaries and $9.16M on benefits.

The bar chart shows the share of the primary expenses at Grace Bible College over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Baccalaureate/Associates Colleges Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Grace Bible College as a share of total expenditure.

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Salary Expenditure

$3.51M

2015 Salaries

12.8%

growth from 2014

In 2015, Grace Bible College paid a median of $3.51M in salaries, which represents 38.3% of their overall expenditure ($9.16M) and a 12.8% growth from the previous year. This is compared to a 15.3% growth from 2013 and a 33.7% growth from 2012.

The median for similar Baccalaureate/Associates Colleges is 3.29M (34.3% of overall expenditures).

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Instructional Salaries

$491k

Instructional Salaries

12

Number of Employees

In 2015, Grace Bible College paid a total of $491k to 12 employees working as instructors, which represents 14% of all salaries paid.

This is compared to a median of $672k (20.4%) for similar Baccalaureate/Associates Colleges.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

6 Employees

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

Most Common Non-Instructional Employee

35 Employees

In 2016, the most common positions for instructional staff at Grace Bible College were Professor with 6 employees; Instructor with 2 employees; and Instructor with 2 employees.

In 2016, the most common positions for non-instructional staff at Grace Bible College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 35 employees; Management with 10 employees; and Business and Financial Operations with 6 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Male Instructor

  3. Female Professor

In 2016, the most common demographic for instructional staff at Grace Bible College was Male Professor with 5 employees, Male Instructor with 2 employees, and Female Professor with 1 employees.

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

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