Grace College and Theological Seminary

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2019 Undergraduate Tuition
$24,078
3.74% growth from 2018
2019 Average Net Price
$21,131
After Financial Aid
2017 Student Loan
4.56%
Default Rate
2019 Acceptance Rate
79.9%
2,149 Applicants
2019 Enrolled Students
1,957
73.5% Full-Time
2018 Graduation Rate
56.7%
194 Graduates

About

Grace College and Theological Seminary is a higher education institution located in Kosciusko County, IN. In 2016, the most popular Bachelor's Degree concentrations at Grace College and Theological Seminary were General Psychology (39 degrees awarded), General Business Administration & Management (32 degrees), and Criminal Justice - Safety Studies (24 degrees).

In 2019, 557 degrees were awarded across all undergraduate and graduate programs at Grace College and Theological Seminary. 59.6% of these degrees were awarded to women, and 40.4% awarded men. The most common race/ethnicity group of degree recipients was white (464 degrees), 14.5 times more than then the next closest race/ethnicity group, hispanic or latino (32 degrees).

The median undergraduate tuition at Grace College and Theological Seminary is $24,078, which is $2,052 more than the national average for Masters Colleges and Universities ($22,027).

Costs

The median undergraduate tuition at Grace College and Theological Seminary is $24,078, which is $2,052 more than the national average for Masters Colleges and Universities ($22,027).

After taking grants and loans into account, the average net price for students is $21,131.

In 2019, 85% of undergraduate students received federal grants, while 58% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$24,078
2019 Undergraduate Tuition

In 2019, the cost of tuition at Grace College and Theological Seminary was $24,078. The cost of tuition at Grace College and Theological Seminary is $2,052 more than than the overall (public and private) national average for Masters Colleges and Universities ($22,027).

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Average Net Price

$21,131
2019 Value
2.69%
1 Year Growth

In 2019 Grace College and Theological Seminary had an average net price — the price paid after factoring in grants and loans — of $21,131. Between 2018 and 2019, the average net price of Grace College and Theological Seminary grew by 2.69%.

This chart compares the average net price of Grace 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

$8,567
Room and Board
$1,000
Books and Supplies

The average yearly cost of room and board at Grace College and Theological Seminary was of $8,567 in 2019. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board increased by 2.1% between 2018 and 2019. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

85%
Of Undergraduates Receive Grants
58%
Of Undergraduates Receive Federal Loans

85% of undergraduate students at Grace College and Theological Seminary received grants or loans in 2019. This represents a growth of 4.94% with respect to 2018, when 81% of undergraduate students received financial aid.

This chart compares the average award discount at Grace 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.
4.56%
2017 Default Rate
24
Number of Defaults

In 2017 the default rate for borrower's at Grace College and Theological Seminary was 4.56%, which represents 24 out of the 526 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 College and Theological Seminary received 2,149 undergraduate applications in 2019, which represents a 42.5% annual decline. Out of those 2,149 applicants, 1,717 students were accepted for enrollment, representing a 79.9% acceptance rate.

There were 1,957 students enrolled at Grace College and Theological Seminary in 2019, and N/A% of first-time enrollees submitted SAT scores with their applications.

Grace College and Theological Seminary has an overall enrollment yield of 21.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

79.9%
Acceptance Rate in 2019
1,717
Accepted Out of 2,149

In 2019, the undergraduate acceptance rate of Grace College and Theological Seminary was 79.9% (1,717 admissions from 2,149 applications). This is lower than the acceptance rate of 2018, which was 81.8%. Between 2018 and 2019, the number of applicants declined by −42.5%, while admissions declined by −43.9%.

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SAT Scores

N/A%
Submission Percentage
0
Scores Submitted

N/A% of enrolled first-time students at Grace 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.

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Enrollment

Grace College and Theological Seminary has a total enrollment of 1,957 students. The full-time enrollment at Grace College and Theological Seminary is 1,439 students and the part-time enrollment is 518. This means that 73.5% of students enrolled at Grace College and Theological Seminary are enrolled full-time.

The enrolled student population at Grace College and Theological Seminary, both undergraduate and graduate, is 77.8% White, 7.36% Hispanic or Latino, 4.29% Black or African American, 1.84% Two or More Races, 1.43% Asian, 0.102% American Indian or Alaska Native, and 0.0511% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Grace College and Theological Seminary in full-time Undergraduate programs are most commonly White Female (51.5%), followed by White Male (31%) and Hispanic or Latino Female (4.33%). Students enrolled in full-time Graduate programs are most commonly White Female (57.4%), followed by White Male (18.5%) and Hispanic or Latino Male (7.41%).

Full-Time vs Part-Time Enrollment

73.5%
Full-Time Enrollment

The total enrollment at Grace College and Theological Seminary, both undergraduate and graduate, is 1,957 students. The full-time enrollment at Grace College and Theological Seminary is 1,439 and the part-time enrollment is 518. This means that 73.5% of students enrolled at Grace College and Theological Seminary are enrolled full-time compared with 69.2% at similar Masters Colleges and Universities.

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

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Retention Rate over Time

84%
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 Grace College and Theological Seminary was 84%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Grace College and Theological Seminary had a retention rate higher than its peers.

This chart shows the retention rate over time at Grace 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
    1,523
  2. Hispanic or Latino
    144
  3. Black or African American
    84

The enrolled student population at Grace College and Theological Seminary is 77.8% White, 7.36% Hispanic or Latino, 4.29% Black or African American, 1.84% Two or More Races, 1.43% Asian, 0.102% American Indian or Alaska Native, and 0.0511% 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 Masters Colleges and Universities is 53.3% White, 16% Hispanic or Latino, and 12.9% 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, 91 students (4.65%) did not report their race.

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Graduates

In 2019, 107 more women than men received degrees from Grace College and Theological Seminary. The most common race/ethnicity group of degree recipients at Grace College and Theological Seminary is white (464 degrees awarded). There were 14.5 times more white graduates than the next closest race/ethnicity group, hispanic or latino (32 degrees).

The most common Bachelor's Degree concentration at Grace College and Theological Seminary is General Psychology (39 degrees awarded), followed by General Business Administration & Management (32 degrees) and Criminal Justice - Safety Studies (24 degrees).

The most specialized majors across all degree types at Grace College and Theological Seminary, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (76 degrees awarded), Parks, Recreation, & Leisure (26 degrees), and Psychology (55 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 College and Theological Seminary are Elementary & middle school teachers (160,584 people), Other managers (148,709 people), Social workers, all other (106,006 people), Postsecondary teachers (104,599 people), and Clergy (101,479 people).

The most specialized majors at Grace College and Theological Seminary are Theology (76 degrees awarded), Parks, Recreation, & Leisure (26 degrees), Psychology (55 degrees), Natural Resources & Conservation (7 degrees), and Language & Linguistics (8 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 College and Theological Seminary are Surgeons, Dentists, Computer hardware engineers, Physicians, and Aircraft pilots & flight engineers

The most specialized majors at Grace College and Theological Seminary are Theology (76 degrees awarded), Parks, Recreation, & Leisure (26 degrees), Psychology (55 degrees), Natural Resources & Conservation (7 degrees), and Language & Linguistics (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 Grace College and Theological Seminary are Elementary & secondary schools (485,674 people), Colleges, universities & professional schools, including junior colleges (265,256 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (228,710 people), Outpatient care centers (172,842 people), and Individual & family services (129,896 people).

The most specialized majors at Grace College and Theological Seminary are Theology (76 degrees awarded), Parks, Recreation, & Leisure (26 degrees), Psychology (55 degrees), Natural Resources & Conservation (7 degrees), and Language & Linguistics (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 Grace College and Theological Seminary.
Most Common
  1. 39 degree-majorss awarded
  2. 32 degree-majorss awarded
  3. 24 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Grace College and Theological Seminary was General Psychology with 39 degrees awarded.

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

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Gender Breakdown for Common Majors

225
Degrees Awarded to Men
in 2019
332
Degrees Awarded to Women
in 2019

In 2019, 225 degrees were awarded to men at Grace College and Theological Seminary, which is 0.678 times less than the number of degrees awarded to females (332).

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

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Most Common Male Majors

In 2019, 25 degrees were awarded to men at Grace College and Theological Seminary in General Business Administration & Management, which is 0.641 times less than the 39 female recipients with that same degree.

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Most Common Female Majors

In 2019, 39 degrees were awarded to women at Grace College and Theological Seminary in General Business Administration & Management, which is 1.56 times more than the 25 male recipients with that same degree.

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Time to Complete

60%
100% Completion Time
62%
150% Completion Time

In 2019, 60% of students graduating from Grace College and Theological Seminary completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 62% completed their degrees within 150% of the normal time, and 73% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities 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.
Asian Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Grace College and Theological Seminary is Male and Asian (100% graduation rate). Across all Masters Colleges and Universities, 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, 2.06% of graduates (4 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    464 degrees awarded
  2. Hispanic or Latino
    32 degrees awarded
  3. Black or African American
    23 degrees awarded

The most common race/ethnicity at Grace College and Theological Seminary is white (464 degrees awarded). There were 14.5 times more white recipients than the next closest race/ethnicity group, hispanic or latino (32 degrees).

0.359% of degree recipients (2 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Female
    287 degrees awarded
  2. White Male
    177 degrees awarded
  3. Hispanic or Latino Female
    23 degrees awarded

The most common race/ethnicity and gender grouping at Grace College and Theological Seminary is white female (287 degrees awarded). There were 1.62 times more white female recipients than the next closest race/ethnicity group, white male (177 degrees).

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Operations

Grace College and Theological Seminary has an endowment valued at nearly $18.8M, as of the end of the 2019 fiscal year. The return on its endowment was of $996k (5.3%), compared to the 4.44% average return ($1.71M on $38.5M) across all Masters Colleges and Universities.

In 2019, Grace College and Theological Seminary had a total salary expenditure of $39.4M. Grace College and Theological Seminary employs 22 Assistant professors, 17 Professors, and 4 Instructors. Most academics at Grace College and Theological Seminary are Male Professors (13), Male Assistant professors(12), and Female Assistant professors (10).

The most common positions for non-instructional staff at Grace College and Theological Seminary are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 49 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 22 employees, and Business and Financial Operations with 14 employees.

Finances

Endowment

$18.8M
2019 Endowment
0.0845%
growth from 2018

Grace College and Theological Seminary has an endowment valued at about $18.8M, as of the end of the 2019 fiscal year. The endowment of Grace College and Theological Seminary grew 0.0845% from the previous year. The value of their endowment was $19.7M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Grace 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 Masters Colleges & Universities: Small Programs Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $2.48M - Federal
  2. $3.19M - State
  3. $0 - Local

As of 2019, Grace College and Theological Seminary received $2.48M in grants and contracts from the federal government, $3.19M from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$11.9M
2019 Salaries
3.43%
growth from 2018

In 2019, Grace College and Theological Seminary paid a median of $11.9M in salaries, which represents 30.2% of their overall expenditure ($39.4M) and a 3.43% growth from the previous year. This is compared to a 0.33% decline from 2017 and a 9.34% growth from 2016.

The median for similar Masters Colleges and Universities is 34.1M (40.6% of overall expenditures).

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Instructional Salaries

$3.15M
Instructional Salaries
48
Number of Employees

In 2019, Grace College and Theological Seminary paid a total of $3.15M to 48 employees working as instructors, which represents 26.5% of all salaries paid.

This is compared to a median of $11.2M (32.7%) for similar Masters Colleges and Universities.

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Faculty and Staff

Occupations by Share

Assistant professor
Most Common Instructor
22 Employees
Librarians, Curators, Archivists, and Academic Affairs and Other Education Services
Most Common Non-Instructional Employee
49 Employees

In 2019, the most common positions for instructional staff at Grace College and Theological Seminary were Assistant professor with 22 employees; Professor with 17 employees; and Professor with 4 employees.

In 2019, the most common positions for non-instructional staff at Grace College and Theological Seminary were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 49 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 22 employees; and Business and Financial Operations with 14 employees.

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Instructors by Academic Rank and Gender

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

In 2019, the most common demographic for instructional staff at Grace College and Theological Seminary was Male Professor with 13 employees, Male Assistant professor with 12 employees, and Female Assistant professor with 10 employees.

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

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