Grace University

https://www.graceuniversity.edu

2017 Undergraduate Tuition

$22,120

4.89% growth from 2016

2017 Average Net Price

$19,798

After Financial Aid

2014 Default Rate

7.03%

on Student Loans

2017 Acceptance Rate

45.9%

159 Applicants

2017 Enrolled Students

298

64.4% Full-Time

2017 Graduation Rate

41.4%

29 Graduates

Costs

In 2017, the median undergraduate tuition at Grace University is $22,120.

After taking grants and loans into account, the average net price for students is $19,798.

In 2017, 93% of undergraduate students attending Grace University received financial aid through grants. Comparatively, 67% of undergraduate students received financial aid through loans.

Tuition Costs

$22,120

2017 Undergraduate Tuition

In 2017, the cost of tuition at Grace University was $22,120.

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

Average Net Price

$19,798

2017 Value

7.91%

1 Year Growth

In 2017 Grace University had an average net price — the price paid after factoring in grants and loans — of $19,798. Between 2016 and 2017, the average net price of Grace University grew by 7.91%.

This chart compares the average net price of Grace University (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

$6,679

Room and Board

$950

Books and Supplies

The average yearly cost of room and board at Grace University was of $6,679 in 2017. The cost of room and board increased by 3.74% between 2016 and 2017.

During the same period, the average yearly cost of books and supplies was $950. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Grace University (in red) with that of similar universities.

Financial Aid by Income Level

93%

Undergraduates Receiving Financial Aid through Grants

67%

Undergraduates Receiving Financial Aid through Loans

93% of undergraduate students at Grace University received financial aid through grants or loans in 2017. This represents a decline of 2.11% with respect to 2016, when 95% of undergraduate students received financial aid.

This chart compares the average award discount at Grace University (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.

7.03%

2014 Default Rate

Number of Defaults

In 2014 the default rate for borrower's at Grace University was 7.03%, which represents 9 out of the 128 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.

Enrollment

Grace University had a total enrollment of 298 students in 2017. The full-time enrollment at Grace University is 192 students and the part-time enrollment is 106. This means that 64.4% of students enrolled at Grace University are enrolled full-time.

The enrolled student population at Grace University, both undergraduate and graduate, is 72.8% White, 11.4% Black or African American, 6.71% Hispanic or Latino, 2.68% Two or More Races, 2.01% Asian, 1.68% American Indian or Alaska Native, and 0.671% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Grace University in full-time Undergraduate programs are most commonly White Female (41.8%), followed by White Male (30.1%) and Black or African American Male (7.09%). Students enrolled in full-time Graduate programs are most commonly White Female (70.7%), followed by White Male (14.7%) and Black or African American Male (5.33%).

Full-Time vs Part-Time Enrollment

64.4%

Full-Time Enrollment

The total enrollment at Grace University in 2017, both undergraduate and graduate, is 298 students. The full-time enrollment at Grace University is 192 and the part-time enrollment is 106. This means that 64.4% of students enrolled at Grace University are enrolled full-time compared with 78.9% at similar Baccalaureate Colleges.

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

Retention Rate over Time

51%

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 University was 51%. Compared with the full-time retention rate at similar Baccalaureate Colleges (75%), Grace University had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2017)

White
217 enrolled students
Black or African American
34 enrolled students
Hispanic or Latino
20 enrolled students

The enrolled student population at Grace University is 72.8% White, 11.4% Black or African American, 6.71% Hispanic or Latino, 2.68% Two or More Races, 2.01% Asian, 1.68% American Indian or Alaska Native, and 0.671% 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 Colleges is 50.5% White, 15.6% 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, 3 students (1.01%) did not report their race.

Graduates

In 2017, 25 more women than men received degrees from Grace University. The most common race/ethnicity group of degree recipients at Grace University is white (159 degrees awarded). There were 12.2 times more white recipients than the next closest race/ethnicity group, hispanic or latino (13 degrees).

The most common Bachelor's Degree concentration at Grace University is Biblical Studies (95 degrees awarded), followed by Counseling Psychology (20 degrees) and General Business Administration & Management (12 degrees).

In 2017, the most specialized majors across all degree types at Grace University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (124 degrees awarded), Psychology (20 degrees), and Education (25 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Grace University are Elementary & middle school teachers (1,702,058 people), Secondary school teachers (574,473 people), Education administrators (363,371 people), Other managers (360,910 people), and Postsecondary teachers (242,459 people).

The most specialized majors at Grace University in 2017 are Theology (124 degrees awarded), Psychology (20 degrees), Education (25 degrees), Communications (7 degrees), and English (1 degrees) (as of 2017).

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 University are Surgeons, Physicians, Nuclear medicine technologists and medical dosimetrists, Gaming services workers, and Nurse anesthetists

The most specialized majors at Grace University are Theology (124 degrees awarded), Psychology (20 degrees), Education (25 degrees), Communications (7 degrees), and English (1 degrees) (as of 2017).

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 University are Elementary & secondary schools (3,340,242 people), Colleges, universities & professional schools, including junior colleges (619,754 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (383,835 people), Computer Systems Design (279,301 people), and Outpatient care centers (255,941 people).

The most specialized majors at Grace University are Theology (124 degrees awarded), Psychology (20 degrees), Education (25 degrees), Communications (7 degrees), and English (1 degrees) (as of 2017).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Grace University.

Biblical Studies

Most Common (2017)

3 degrees awarded

In 2017, the most common associates degree concentration at Grace University was Biblical Studies with 3 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Grace University according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2017

112

Degrees Awarded to Women

in 2017

In 2017, 87 degrees were awarded to men at Grace University, which is 0.777 times less than the number of degrees awarded to females (112).

This chart displays the sex disparity between the top 5 majors at Grace University by degrees awarded.

Most Common Male Majors

In 2017, 49 degrees were awarded to men at Grace University in Biblical Studies, which is 0.907 times less than the 54 female recipients with that same degree.

Most Common Female Majors

In 2017, 54 degrees were awarded to men at Grace University in Biblical Studies, which is 1.1 times more than the 49 male recipients with that same degree.

Time to Complete

35%

100% Completion Time

39%

150% Completion Time

In 2017, 35% of students graduating from Grace University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 39% completed their degrees within 150% of the normal time, and 39% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2017)

White
159 degrees awarded
Hispanic or Latino
13 degrees awarded
Black or African American
10 degrees awarded

The most common race/ethnicity at Grace University is white (159 degrees awarded). There were 12.2 times more white recipients than the next closest race/ethnicity group, hispanic or latino (13 degrees).

Race & Ethnicity by Sex

Most Common Sex Demographic (2017)

White Female
110 degrees awarded
White Female
104 degrees awarded
White Female
91 degrees awarded

The most common race/ethnicity and sex grouping at Grace University is white female (110 degrees awarded). There were 1.06 times more white female recipients than the next closest race/ethnicity group, white female (104 degrees).

Operations

Grace University has an endowment valued at nearly $1.96M, as of the end of the 2017 fiscal year. The return on its endowment was of 13.7k (0.7%) compared to the 7.58% average return (3.75M on 49.5M) across all Baccalaureate Colleges.

In 2017, Grace University had a total salary expenditure of 6.72M. Grace University employs 7 Associate professors, 3 Professors and 3 Assistant professors. Most academics at Grace University are Male Associate professor (5), Female Associate professor (2), and Female Assistant professor (2).

The most common positions for non-instructional staff at Grace University are: Office and Administrative Support, with 10 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 7 employees, and Service with 5 employees.

Endowment

$1.96M

2017 Endowment

0.102%

growth from 2016

Grace University has an endowment valued at about $1.96M, as of the end of the 2017 fiscal year. The endowment of Grace University grew 0.102% from the previous year. The value of their endowment was $47.5M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

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

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

Salary Expenditure

$2.85M

2017 Salaries

25.2%

decline from 2016

In 2017, Grace University paid a median of $2.85M in salaries, which represents 42.4% of their overall expenditure ($6.72M) and a 25.2% decline from the previous year. This is compared to a 6.12% decline between 2015 and 2016, and a 6.6% growth between 2014 and 2015.

Instructional Salaries

$727k

Instructional Salaries

Number of Employees

In 2017, Grace University paid a total of $727k to 16 employees working as instructors, which represents 25.5% of all salaries paid.

This is compared to a median of $522k (3.48%) for similar Baccalaureate Colleges.

Occupations by Share

In 2017, the most common positions for non-instructional staff at Grace University were Office and Administrative Support with 10 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 7 employees, and Service with 5 employees.

Grace University

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Grace University

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About

Costs

Tuition Costs

Average Net Price

Other Student Expenses

Financial Aid by Income Level

Student Loan Default Rate

Admissions

Acceptance Rate

SAT Scores

Enrollment

Full-Time vs Part-Time Enrollment

Retention Rate over Time

Enrollment by Race & Ethnicity

Graduates

Common Jobs by Major

Highest Paying Jobs by Major

Common Industries by Major

Majors Awarded

Sex Breakdown for Common Majors

Most Common Male Majors

Most Common Female Majors

Time to Complete

Race & Ethnicity by Share

Race & Ethnicity by Sex

Operations

Endowment

Salary Expenditure

Instructional Salaries

Occupations by Share

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