Grace College and Theological Seminary

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2016 Undergraduate Tuition

$22,913

3.11% growth from 2015

2016 Average Net Price

$18,070

After Financial Aid

2015 Student Loan

3.48%

Default Rate

2016 Acceptance Rate

78.7%

4,081 Applicants

2016 Enrolled Students

2,300

71.5% Full-Time

2016 Graduation Rate

61.4%

143 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 (65 degrees awarded), General Psychology (29 degrees), and Other Clinical, Counseling, & Applied Psychology (23 degrees).

In 2016, 502 degrees were awarded across all undergraduate and graduate programs at Grace College and Theological Seminary. 57.2% of these degrees were awarded to women, and 42.8% awarded men. The majority of degree recipients were white (415 degrees), 23.1 times more than then the next closest race/ethnicity group, black or african american (18 degrees).

The median undergraduate tuition at Grace College and Theological Seminary is $22,913, which is $2,753 more than the national average for Masters Colleges and Universities ($20,160).

Costs

The median undergraduate tuition at Grace College and Theological Seminary is $22,913, which is $2,753 more than the national average for Masters Colleges and Universities ($20,160).

After taking grants and loans into account, the average net price for students is $18,070.

In 2016, 74% of undergraduate students received federal grants, while 53% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$22,913

2016 Undergraduate Tuition

In 2016, the cost of tuition at Grace College and Theological Seminary was $22,913. The cost of tuition at Grace College and Theological Seminary is $2,753 more than than the overall (public and private) national average for Masters Colleges and Universities ($20,160).

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Average Net Price

$18,070

2016 Value

0.21%

1 Year Growth

In 2016 Grace College and Theological Seminary had an average net price — the price paid after factoring in grants and loans — of $18,070. Between 2015 and 2016, the average net price of Grace College and Theological Seminary grew by 0.21%.

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

$8,080

Room and Board

$1,300

Books and Supplies

The average yearly cost of room and board at Grace College and Theological Seminary was of $8,080 in 2016. During the same period, the average yearly cost of books and supplies was $1,300. The cost of room and board increased by 1.44% 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

74%

Of Undergraduates Receive Grants

53%

Of Undergraduates Receive Federal Loans

74% of undergraduate students at Grace College and Theological Seminary received grants or loans in 2016. This represents a growth of 4.23% with respect to 2015, when 71% 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.

3.48%

2015 Default Rate

15

Number of Defaults

In 2015 the default rate for borrower's at Grace College and Theological Seminary was 3.48%, which represents 15 out of the 431 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 4,081 undergraduate applications in 2016, which represents a 7.71% annual growth. Out of those 4,081 applicants, 3,213 students were accepted for enrollment, representing a 78.7% acceptance rate.

There were 2,300 students enrolled at Grace College and Theological Seminary in 2016, and 63% of first-time enrollees submitted SAT scores with their applications.

Grace College and Theological Seminary has an overall enrollment yield of 12.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

78.7%

Acceptance Rate in 2016

3,213

Accepted Out of 4,081

In 2016, the undergraduate acceptance rate of Grace College and Theological Seminary was 78.7% (3,213 admissions from 4,081 applications). This is higher than the acceptance rate of 2015, which was 77.4%. Between 2015 and 2016, the number of applicants grew by 7.71%, while admissions grew by 9.58%.

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

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SAT Scores

63%

Submission Percentage

252

Scores Submitted

63% of enrolled first-time students at Grace College and Theological Seminary 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 College and Theological Seminary has a total enrollment of 2,300 students. The full-time enrollment at Grace College and Theological Seminary is 1,644 students and the part-time enrollment is 656. This means that 71.5% 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 74.4% White, 5.7% Black or African American, 4.91% Hispanic or Latino, 2.04% Two or More Races, 1.74% Asian, 0.217% American Indian or Alaska Native, and 0.0435% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Grace College and Theological Seminary in full-time Undergraduate programs are majority White Female (47.8%), followed by White Male (33.7%) and Hispanic or Latino Female (3.56%). Students enrolled in full-time Graduate programs are majority White Female (39.7%), followed by White Male (23.7%) and Asian Male (5.13%).

Full-Time vs Part-Time Enrollment

71.5%

Full-Time Enrollment

The total enrollment at Grace College and Theological Seminary, both undergraduate and graduate, is 2,300 students. The full-time enrollment at Grace College and Theological Seminary is 1,644 and the part-time enrollment is 656. This means that 71.5% of students enrolled at Grace College and Theological Seminary are enrolled full-time compared with 68.7% 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

83%

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 College and Theological Seminary was 83%. 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    1,712

  2. Black or African American

    131

  3. Hispanic or Latino

    113

The enrolled student population at Grace College and Theological Seminary is 74.4% White, 5.7% Black or African American, 4.91% Hispanic or Latino, 2.04% Two or More Races, 1.74% Asian, 0.217% American Indian or Alaska Native, and 0.0435% 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 54.7% White, 14.3% Hispanic or Latino, and 13.3% 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, 185 students (8.04%) did not report their race.

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Graduates

In 2016, 72 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 (415 degrees awarded). There were 23.1 times more white graduates than the next closest race/ethnicity group, black or african american (18 degrees).

The most common Bachelor's Degree concentration at Grace College and Theological Seminary is General Business Administration & Management (65 degrees awarded), followed by General Psychology (29 degrees) and Other Clinical, Counseling, & Applied Psychology (23 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 (75 degrees awarded), Psychology (52 degrees), and Parks, Recreation, & Leisure (17 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 (201,184 people), Miscellaneous managers (176,775 people), Counselors (176,318 people), Social workers (140,906 people), and Physicians & surgeons (94,807 people).

The most specialized majors at Grace College and Theological Seminary are Theology (75 degrees awarded), Psychology (52 degrees), Parks, Recreation, & Leisure (17 degrees), Natural Resources & Conservation (6 degrees), and Interdisciplinary Studies (17 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 Physicians & surgeons, Aircraft pilots & flight engineers, Surveyors, cartographers, & photogrammetrists, Chief executives & legislators, and Dentists

The most specialized majors at Grace College and Theological Seminary are Theology (75 degrees awarded), Psychology (52 degrees), Parks, Recreation, & Leisure (17 degrees), Natural Resources & Conservation (6 degrees), and Interdisciplinary Studies (17 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 (454,180 people), Hospitals (324,306 people), Colleges, universities & professional schools, including junior colleges (229,140 people), Outpatient care centers (167,514 people), and Individual & family services (141,123 people).

The most specialized majors at Grace College and Theological Seminary are Theology (75 degrees awarded), Psychology (52 degrees), Parks, Recreation, & Leisure (17 degrees), Natural Resources & Conservation (6 degrees), and Interdisciplinary Studies (17 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.

In 2016, the most common bachelors degree concentration at Grace College and Theological Seminary was General Business Administration & Management with 65 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 215

  2. 287

In 2016, 215 degrees were awarded to men at Grace College and Theological Seminary, which is 0.749 times less than the number of degrees awarded to females (287).

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 2016, 48 degrees were awarded to men at Grace College and Theological Seminary in General Business Administration & Management, which is 1.23 times more than the 39 female recipients with that same degree.

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Most Common Female Majors

In 2016, 39 degrees were awarded to women at Grace College and Theological Seminary in General Business Administration & Management, which is 0.813 times less than the 48 male recipients with that same degree.

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Time to Complete

62%

100% Completion Time

68%

150% Completion Time

In 2016, 62% 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, 68% 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Grace College and Theological Seminary is Female and Asian (100% graduation rate). Across all Masters Colleges and Universities, 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, 2.1% of graduates (3 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    415 degrees awarded

  2. Black or African American

    18 degrees awarded

  3. Unknown

    15 degrees awarded

The most common race/ethnicity at Grace College and Theological Seminary is white (415 degrees awarded). There were 23.1 times more white recipients than the next closest race/ethnicity group, black or african american (18 degrees).

2.99% of degree recipients (15 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    240 degrees awarded

  2. White Male

    175 degrees awarded

  3. Black or African American Female

    11 degrees awarded

The most common race/ethnicity and gender grouping at Grace College and Theological Seminary is white female (240 degrees awarded). There were 1.37 times more white female recipients than the next closest race/ethnicity group, white male (175 degrees).

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Operations

Grace College and Theological Seminary has an endowment valued at nearly $11.5M, as of the end of the 2015 fiscal year. The return on its endowment was of $153k (1.33%), compared to the 2.07% average return ($597k on $28.9M) across all Masters Colleges and Universities.

In 2015, Grace College and Theological Seminary had a total expenditure of $35.8M. Of that $35.8M, they spent $10.4M on salaries and $35.8M on benefits.

Grace College and Theological Seminary employs 20 Assistant professors, 12 Associate professors, and 9 Professors. Most academics at Grace College and Theological Seminary are Male Assistant professors (13), Male Associate 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 51 employees, Business and Financial Operations, with 19 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 11 employees.

Finances

Endowment

$11.5M

2015 Endowment

6.69%

growth from 2014

Grace College and Theological Seminary has an endowment valued at about $11.5M, as of the end of the 2015 fiscal year. The endowment of Grace College and Theological Seminary grew 6.69% from the previous year. The value of their endowment was $17.4M 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. $2.4M - Federal

  2. $2.15M - State

  3. $0 - Local

As of 2015, Grace College and Theological Seminary received $2.4M in grants and contracts from the federal government, $2.15M 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.

$10.4M

Salary Expenditure

$35.8M

Benefits Expenditure

In 2015, Grace College and Theological Seminary had a total expenditure of $35.8M. Of that $35.8M, they spent $10.4M on salaries and $35.8M on benefits.

The bar chart shows the share of the primary expenses at Grace College and Theological Seminary over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Masters Colleges and Universities Carnegie Classification grouping.

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Expenditure by Category

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

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Salary Expenditure

$10.4M

2015 Salaries

6.29%

growth from 2014

In 2015, Grace College and Theological Seminary paid a median of $10.4M in salaries, which represents 29% of their overall expenditure ($35.8M) and a 6.29% growth from the previous year. This is compared to a 4.44% growth from 2013 and a 4.69% growth from 2012.

The median for similar Masters Colleges and Universities is 31.3M (42.2% of overall expenditures).

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Instructional Salaries

$3.15M

Instructional Salaries

49

Number of Employees

In 2015, Grace College and Theological Seminary paid a total of $3.15M to 49 employees working as instructors, which represents 30.3% of all salaries paid.

This is compared to a median of $9.7M (31%) for similar Masters Colleges and Universities.

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Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

20 Employees

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

Most Common Non-Instructional Employee

51 Employees

In 2016, the most common positions for instructional staff at Grace College and Theological Seminary were Assistant professor with 20 employees; Associate professor with 12 employees; and Associate professor with 9 employees.

In 2016, 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 51 employees; Business and Financial Operations with 19 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 Assistant professor

  2. Male Associate professor

  3. Male Professor

In 2016, the most common demographic for instructional staff at Grace College and Theological Seminary was Male Assistant professor with 13 employees, Male Associate 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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