Grace College and Theological Seminary

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2017 Undergraduate Tuition

$22,918

0.0218% growth from 2016

2017 Average Net Price

$20,324

After Financial Aid

2016 Student Loan

2.64%

Default Rate

2017 Acceptance Rate

82.1%

3,969 Applicants

2017 Enrolled Students

2,156

71.8% Full-Time

2017 Graduation Rate

62.5%

173 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 Business Administration & Management (51 degrees awarded), General Psychology (30 degrees), and General Human Services (28 degrees).

In 2017, 518 degrees were awarded across all undergraduate and graduate programs at Grace College and Theological Seminary. 54.6% of these degrees were awarded to women, and 45.4% awarded men. The majority of degree recipients were white (420 degrees), 11.1 times more than then the next closest race/ethnicity group, black or african american (38 degrees).

The median undergraduate tuition at Grace College and Theological Seminary is $22,918, which is $2,185 more than the national average for Masters Colleges and Universities ($20,733).

Masters Colleges & Universities: Small Programs Masters Colleges and Universities

Costs

The median undergraduate tuition at Grace College and Theological Seminary is $22,918, which is $2,185 more than the national average for Masters Colleges and Universities ($20,733).

After taking grants and loans into account, the average net price for students is $20,324.

In 2017, 76% of undergraduate students received federal grants, while 54% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$22,918

2017 Undergraduate Tuition

In 2017, the cost of tuition at Grace College and Theological Seminary was $22,918. The cost of tuition at Grace College and Theological Seminary is $2,185 more than than the overall (public and private) national average for Masters Colleges and Universities ($20,733).

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

Average Net Price

$20,324

2017 Value

12.5%

1 Year Growth

In 2017 Grace College and Theological Seminary had an average net price — the price paid after factoring in grants and loans — of $20,324. Between 2016 and 2017, the average net price of Grace College and Theological Seminary grew by 12.5%.

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.

Other Student Expenses

$8,202

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Grace College and Theological Seminary was of $8,202 in 2017. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board increased by 1.51% between 2016 and 2017. The cost of books and supplies decreased by 23.1% during the same period.

This chart compares the average student costs at Grace College and Theological Seminary (in red) with that of similar universities.

Financial Aid

Financial Aid by Income Level

76%

Of Undergraduates Receive Grants

54%

Of Undergraduates Receive Federal Loans

76% of undergraduate students at Grace College and Theological Seminary received grants or loans in 2017. This represents a growth of 2.7% with respect to 2016, when 74% 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.

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.

2.64%

2016 Default Rate

Number of Defaults

In 2016 the default rate for borrower's at Grace College and Theological Seminary was 2.64%, which represents 12 out of the 454 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

Grace College and Theological Seminary received 3,969 undergraduate applications in 2017, which represents a 2.74% annual decline. Out of those 3,969 applicants, 3,258 students were accepted for enrollment, representing a 82.1% acceptance rate.

There were 2,156 students enrolled at Grace College and Theological Seminary in 2017, and 67% of first-time enrollees submitted SAT scores with their applications.

Grace College and Theological Seminary has an overall enrollment yield of 10.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

82.1%

Acceptance Rate in 2017

3,258

Accepted Out of 3,969

In 2017, the undergraduate acceptance rate of Grace College and Theological Seminary was 82.1% (3,258 admissions from 3,969 applications). This is higher than the acceptance rate of 2016, which was 78.7%. Between 2016 and 2017, the number of applicants declined by -2.74%, while admissions grew by 1.4%.

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

SAT Scores

67%

Submission Percentage

233

Scores Submitted

67% of enrolled first-time students at Grace College and Theological Seminary 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.

Enrollment

Grace College and Theological Seminary has a total enrollment of 2,156 students. The full-time enrollment at Grace College and Theological Seminary is 1,548 students and the part-time enrollment is 608. This means that 71.8% 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, 5.15% Hispanic or Latino, 4.17% Black or African American, 2.5% Two or More Races, 1.44% Asian, 0.278% American Indian or Alaska Native, and 0.0464% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Grace College and Theological Seminary in full-time Undergraduate programs are majority White Female (51.2%), followed by White Male (32.1%) and Hispanic or Latino Female (3.96%). Students enrolled in full-time Graduate programs are majority White Female (45%), followed by White Male (25.7%) and Black or African American Female (6.42%).

Full-Time vs Part-Time Enrollment

71.8%

Full-Time Enrollment

The total enrollment at Grace College and Theological Seminary, both undergraduate and graduate, is 2,156 students. The full-time enrollment at Grace College and Theological Seminary is 1,548 and the part-time enrollment is 608. This means that 71.8% of students enrolled at Grace College and Theological Seminary are enrolled full-time compared with 68.6% 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.

Retention Rate over Time

79%

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 College and Theological Seminary was 79%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), 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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
1,677
Hispanic or Latino
111
Black or African American
90

The enrolled student population at Grace College and Theological Seminary is 77.8% White, 5.15% Hispanic or Latino, 4.17% Black or African American, 2.5% Two or More Races, 1.44% Asian, 0.278% American Indian or Alaska Native, and 0.0464% 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 54.4% White, 15% Hispanic or Latino, and 13.2% 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, 123 students (5.71%) did not report their race.

Graduates

In 2017, 48 more women than men received degrees from Grace College and Theological Seminary. The majority of degree recipients at Grace College and Theological Seminary are white (420 degrees awarded). There were 11.1 times more white graduates than the next closest race/ethnicity group, black or african american (38 degrees).

The most common Bachelor's Degree concentration at Grace College and Theological Seminary is General Business Administration & Management (51 degrees awarded), followed by General Psychology (30 degrees) and General Human Services (28 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 (57 degrees awarded), Psychology (52 degrees), and Public Administration and Social Service (28 degrees).

Workforce

Common Jobs by Major

Social workers, all other

Most Common Job

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 Social workers, all other (255,048 people), Elementary & middle school teachers (233,697 people), Other managers (163,771 people), Lawyers, & judges, magistrates, & other judicial workers (161,521 people), and Postsecondary teachers (107,266 people).

The most specialized majors at Grace College and Theological Seminary are Theology (57 degrees awarded), Psychology (52 degrees), Public Administration and Social Service (28 degrees), History (9 degrees), and Natural Resources & Conservation (7 degrees).

Highest Paying Jobs by Major

Surgeons

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, Securities, commodities, & financial services sales agents, Physicians, and Personal financial advisors

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 Grace College and Theological Seminary are Elementary & secondary schools (540,759 people), Colleges, universities & professional schools, including junior colleges (266,548 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (242,634 people), Individual & family services (212,950 people), and Outpatient care centers (179,281 people).

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

General Business Administration & Management
51 degree-majorss awarded
General Psychology
30 degree-majorss awarded
General Human Services
28 degree-majorss awarded

In 2017, the most common bachelors degree concentration at Grace College and Theological Seminary was General Business Administration & Management with 51 degree-majorss awarded.

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

Gender Breakdown for Common Majors

Degrees Awarded to Men

In 2017, 235 degrees were awarded to men at Grace College and Theological Seminary, which is 0.83 times less than the number of degrees awarded to females (283).

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

Most Common Male Majors

In 2017, 33 degrees were awarded to men at Grace College and Theological Seminary in General Business Administration & Management, which is 0.825 times less than the 40 female recipients with that same degree.

Most Common Female Majors

In 2017, 40 degrees were awarded to women at Grace College and Theological Seminary in General Business Administration & Management, which is 1.21 times more than the 33 male recipients with that same degree.

Time to Complete

58%

100% Completion Time

60%

150% Completion Time

In 2017, 58% 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, 60% completed their degrees within 150% of the normal time, and 68% 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.

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 (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, 2.89% of graduates (5 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
420 degrees awarded
Black or African American
38 degrees awarded
Hispanic or Latino
17 degrees awarded

The most common race/ethnicity at Grace College and Theological Seminary is white (420 degrees awarded). There were 11.1 times more white recipients than the next closest race/ethnicity group, black or african american (38 degrees).

2.9% of degree recipients (15 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Female
235 degrees awarded
White Male
185 degrees awarded
Black or African American Female
20 degrees awarded

The most common race/ethnicity and gender grouping at Grace College and Theological Seminary is white female (235 degrees awarded). There were 1.27 times more white female recipients than the next closest race/ethnicity group, white male (185 degrees).

Operations

Grace College and Theological Seminary has an endowment valued at nearly $17.4M, as of the end of the 2017 fiscal year. The return on its endowment was of $744k (4.28%), compared to the 6.94% average return ($2.3M on $33.1M) across all Masters Colleges and Universities.

In 2017, Grace College and Theological Seminary had a total salary expenditure of $40.1M. Grace College and Theological Seminary employs 23 Assistant professors, 10 Associate professors, and 9 Professors. Most academics at Grace College and Theological Seminary are Male Assistant professors (14), Female Assistant professors(9), and Male Professors (7).

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 52 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 25 employees, and Business and Financial Operations with 16 employees.

Finances

Endowment

$17.4M

2017 Endowment

40.9%

growth from 2016

Grace College and Theological Seminary has an endowment valued at about $17.4M, as of the end of the 2017 fiscal year. The endowment of Grace College and Theological Seminary grew 40.9% from the previous year. The value of their endowment was $15.8M 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.

Government Grants and Contracts

Grants & Contracts

$2.49M - Federal
$2.6M - State
$0 - Local

As of 2017, Grace College and Theological Seminary received $2.49M in grants and contracts from the federal government, $2.6M from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$11.5M

2017 Salaries

9.34%

growth from 2016

In 2017, Grace College and Theological Seminary paid a median of $11.5M in salaries, which represents 28.8% of their overall expenditure ($40.1M) and a 9.34% growth from the previous year. This is compared to a 1.62% growth from 2015 and a 6.29% growth from 2014.

The median for similar Masters Colleges and Universities is 31.4M (40.5% of overall expenditures).

Instructional Salaries

$3.01M

Instructional Salaries

Number of Employees

In 2017, Grace College and Theological Seminary paid a total of $3.01M to 49 employees working as instructors, which represents 26.1% of all salaries paid.

This is compared to a median of $10.4M (33%) for similar Masters Colleges and Universities.

Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

23 Employees

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

Most Common Non-Instructional Employee

52 Employees

In 2017, the most common positions for instructional staff at Grace College and Theological Seminary were Assistant professor with 23 employees; Associate professor with 10 employees; and Associate professor with 9 employees.

In 2017, 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 52 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 25 employees; and Business and Financial Operations with 16 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male Assistant professor
Female Assistant professor
Male Professor

In 2017, the most common demographic for instructional staff at Grace College and Theological Seminary was Male Assistant professor with 14 employees, Female Assistant professor with 9 employees, and Male Professor with 7 employees.

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

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