Grace University

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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 Graduation Rate
41.4%
29 Graduates

About

Grace University is a higher education institution located in N/A. In 2017, the most popular Bachelors Degree concentrations at Grace University were Biblical Studies (95 degrees awarded), Counseling Psychology (20 degrees), and General Business Administration & Management (12 degrees).

The median undergraduate tuition at Grace University is $22,120.

In 2014 the default rate for borrower's at Grace University was 7.03%, corresponding to 9 out of the 128 total borrowers.

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.

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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%.

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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

$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.

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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.

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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.
7.03%
2014 Default Rate
9
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.

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Admissions

Grace University received 159 undergraduate applications in 2017, which represents a 53.2% annual growth. Out of those 159 applicants, 73 students were accepted for enrollment, representing a 45.9% acceptance rate.

There were N/A students enrolled at Grace University in N/A. N/A

Grace University has an overall enrollment yield of 26%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

45.9%
Acceptance Rate in 2017
73
Accepted Out of 159

In 2017, the undergraduate acceptance rate of Grace University was 45.9% (73 admissions from 159 applications). This is lower than the acceptance rate of 2016, which was 56.8%. Between 2016 and 2017, the number of applicants declined by 53.2%, while admissions declined by 62.2%.

This chart compares the acceptance rate of Grace University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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Enrollment

Grace University had a total enrollment of N/A students in N/A. The full-time enrollment at Grace University is N/A students and the part-time enrollment is N/A. This means that N/A% 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%).

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2017)
  1. White
    217 enrolled students
  2. Black or African American
    34 enrolled students
  3. 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.

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.

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Graduates

In N/A, N/A N/A 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).

Common Jobs by Major

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 (1,690,754 people), Secondary school teachers (580,060 people), Education administrators (360,680 people), Other managers (345,470 people), and Postsecondary teachers (244,882 people).

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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 University are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

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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 University are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Grace University.
Most Common (2017)
  1. 95 degrees awarded
  2. 20 degrees awarded
  3. 12 degrees awarded

In 2017, the most common N/A concentration at Grace University was Biblical Studies with 95 degrees awarded.

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

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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 N/A 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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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Hispanic or Latino Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2017 at Grace University is Female and Hispanic or Latino (100% graduation rate). Across all N/A, Non-resident Alien Male students have the highest graduation rate (65.7%).

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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2017)
  1. White
    159 degrees awarded
  2. Hispanic or Latino
    13 degrees awarded
  3. 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).

0% of degree recipients (0 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2017)
  1. White Female
    91 degrees awarded
  2. White Male
    68 degrees awarded
  3. Black or African American Female
    9 degrees awarded

The most common race/ethnicity and sex grouping at Grace University is white female (91 degrees awarded). There were 1.34 times more white female recipients than the next closest race/ethnicity group, white male (68 degrees).

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Operations

Grace University has an endowment valued at nearly $1.96M, as of the end of the 2017 fiscal year.

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

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 N/A Carnegie Classification grouping.

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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.

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Occupations by Share

Associate professor
Most Common Instructor
7 Employees
Office and Administrative Support
Most Common Non-Instructional Employee
10 Employees

In 2017, the most common positions for instructional staff at Grace University were Associate professor with 7 employees, Professor with 3 employees, and Assistant professor with 3 employees.

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.

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Instructors by Academic Rank and Sex

Most Common Demographic (2017)
  1. Male Associate professor
  2. Female Associate professor
  3. Female Assistant professor

In 2017, the most common demographic for instructional staff at Grace University was Male Associate professor with 5 employees, Female Associate professor with 2 employees, and Female Assistant professor with 2 employees.

This chart shows the sex split between each academic rank present at Grace University.

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