Luther Rice College & Seminary

www.lutherrice.edu

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2023 Undergraduate Tuition

$9,168

8.52% growth from 2022

2023 Average Net Price

$3,935

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

34.3%

35 Applicants

2023 Enrolled Students

556

19.1% Full-Time

About

Luther Rice College & Seminary is a higher education institution located in DeKalb County, GA. In 2023, the most popular Masters Degree concentrations at Luther Rice College & Seminary were Divinity & Ministry (38 degrees awarded), Pastoral Studies & Counseling (27 degrees), and Other Theological & Ministerial Studies (14 degrees).

In 2023, 146 degrees were awarded across all undergraduate and graduate programs at Luther Rice College & Seminary. 26.7% of these degrees were awarded to women, and 73.3% awarded men. The most common race/ethnicity group of degree recipients was white (83 degrees), 1.63 times more than then the next closest race/ethnicity group, black or african american (51 degrees).

The median undergraduate tuition at Luther Rice College & Seminary is $9,168, which is $−5,996 less than the national average for Special Focus Institutions ($15,164).

In 2020 the default rate for borrower's at Luther Rice College & Seminary was 0%, corresponding to 0 out of the 270 total borrowers.

Special Focus Four-Year: Faith-Related Institutions Special Focus Institutions

Costs

In 2023, the median undergraduate tuition at Luther Rice College & Seminary is $9,168, which is $5,996 less than the national average for Special Focus Institutions ($15,164).

After taking grants and loans into account, the average net price for students is $3,935.

In 2023, 60% of undergraduate students attending Luther Rice College & Seminary received financial aid through grants. Comparatively, 50% of undergraduate students received financial aid through loans.

Tuition Costs

$9,168

2023 Undergraduate Tuition

In 2023, the cost of tuition at Luther Rice College & Seminary was $9,168. The cost of tuition at Luther Rice College & Seminary is $−5,996 less than than the overall (public and private) national average for Special Focus Institutions ($15,164).

This chart compares the tuition costs of Luther Rice College & Seminary (in red) with those of other similar universities.

Average Net Price

$3,935

2023 Value

In 2023 Luther Rice College & Seminary had an average net price — the price paid after factoring in grants and loans — of $3,935.

This chart compares the average net price of Luther Rice College & 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

$17,832

Room and Board

$520

Books and Supplies

The average yearly cost of room and board at Luther Rice College & Seminary was of $17,832 in 2023. The cost of room and board increased by 9.59% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $520. The cost of books and supplies increased by 4.84% during the same period.

This chart compares the average student costs at Luther Rice College & Seminary (in red) with that of similar universities.

Financial Aid by Income Level

60%

Undergraduates Receiving Financial Aid through Grants

50%

Undergraduates Receiving Financial Aid through Loans

60% of undergraduate students at Luther Rice College & Seminary received financial aid through grants or loans in 2023. This represents a growth of 3.45% with respect to 2022, when 58% of undergraduate students received financial aid.

This chart compares the average award discount at Luther Rice College & 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Luther Rice College & Seminary was 0%, which represents 0 out of the 270 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

Luther Rice College & Seminary received 35 undergraduate applications in 2023, which represents a 5.41% annual growth. Out of those 35 applicants, 12 students were accepted for enrollment, representing a 34.3% acceptance rate.

There were 556 students enrolled at Luther Rice College & Seminary in 2023.

Luther Rice College & Seminary has an overall enrollment yield of 75%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

34.3%

Acceptance Rate in 2023

Accepted Out of 35

In 2023, the undergraduate acceptance rate of Luther Rice College & Seminary was 34.3% (12 admissions from 35 applications). This is lower than the acceptance rate of 2022, which was 67.6%. Between 2022 and 2023, the number of applicants declined by 5.41%, while admissions declined by 52%.

This chart compares the acceptance rate of Luther Rice College & Seminary (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

N/A% of enrolled first-time students at Luther Rice College & Seminary in false submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Luther Rice College & Seminary had a total enrollment of 556 students in 2023. The full-time enrollment at Luther Rice College & Seminary is 106 students and the part-time enrollment is 450. This means that 19.1% of students enrolled at Luther Rice College & Seminary are enrolled full-time.

The enrolled student population at Luther Rice College & Seminary, both undergraduate and graduate, is 48.9% White, 42.4% Black or African American, 3.42% Hispanic or Latino, 2.52% Asian, and 0.36% American Indian or Alaska Native.

Students enrolled at Luther Rice College & Seminary in full-time Undergraduate programs are most commonly White Male (50%), followed by Black or African American Male (21.2%) and White Female (17.3%). Students enrolled in full-time Graduate programs are most commonly White Male (33.5%), followed by Black or African American Male (27.3%) and Black or African American Female (19.9%).

Full-Time vs Part-Time Enrollment

19.1%

Full-Time Enrollment

The total enrollment at Luther Rice College & Seminary in 2023, both undergraduate and graduate, is 556 students. The full-time enrollment at Luther Rice College & Seminary is 106 and the part-time enrollment is 450. This means that 19.1% of students enrolled at Luther Rice College & Seminary are enrolled full-time compared with 70.4% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Luther Rice College & Seminary (in red) compares to similar universities.

Retention Rate over Time

60%

2023 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 Luther Rice College & Seminary was 60%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Luther Rice College & Seminary had a retention rate lower than its peers.

This chart shows the retention rate over time at Luther Rice College & Seminary (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
272 enrolled students
Black or African American
236 enrolled students
Hispanic or Latino
19 enrolled students

The enrolled student population at Luther Rice College & Seminary is 48.9% White, 42.4% Black or African American, 3.42% Hispanic or Latino, 2.52% Asian, and 0.36% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 41.6% White, 19.6% Hispanic or Latino, and 14.5% Black or African American.

Graduates

In 2023, 68 fewer women than men received degrees from Luther Rice College & Seminary. The most common race/ethnicity group of degree recipients at Luther Rice College & Seminary is white (83 degrees awarded). There were 1.63 times more white recipients than the next closest race/ethnicity group, black or african american (51 degrees).

The most common Masters Degree concentration at Luther Rice College & Seminary is Divinity & Ministry (38 degrees awarded), followed by Pastoral Studies & Counseling (27 degrees) and Other Theological & Ministerial Studies (14 degrees).

In 2023, the most specialized majors across all degree types at Luther Rice College & Seminary, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (146 degrees awarded).

Common Jobs by Major

Clergy

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Luther Rice College & Seminary are Clergy (75,482 people), Elementary & middle school teachers (8,918 people), Other managers (7,258 people), Education administrators (4,917 people), and Secondary school teachers (4,604 people).

The most specialized majors at Luther Rice College & Seminary in 2023 are Theology (146 degrees awarded) (as of 2023).

Highest Paying Jobs by Major

Cardiovascular technologists and technicians

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Luther Rice College & Seminary are Cardiovascular technologists and technicians, Physicians, Diagnostic medical sonographers, Securities, commodities, & financial services sales agents, and Lawyers, & judges, magistrates, & other judicial workers

The most specialized majors at Luther Rice College & Seminary are Theology (146 degrees awarded) (as of 2023).

Common Industries by Major

Religious organizations

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Luther Rice College & Seminary are Religious organizations (82,746 people), Elementary & secondary schools (23,116 people), Colleges, universities & professional schools, including junior colleges (11,032 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (8,773 people), and Construction (8,294 people).

The most specialized majors at Luther Rice College & Seminary are Theology (146 degrees awarded) (as of 2023).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Luther Rice College & Seminary.

Most Common (2023)

Divinity & Ministry
38 degrees awarded
Pastoral Studies & Counseling
27 degrees awarded
Other Theological & Ministerial Studies
14 degrees awarded

In 2023, the most common masters degree concentration at Luther Rice College & Seminary was Divinity & Ministry with 38 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from masters degree programs at Luther Rice College & Seminary according to their major.

Sex Breakdown for Common Majors

107

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 107 degrees were awarded to men at Luther Rice College & Seminary, which is 2.74 times more than the number of degrees awarded to females (39).

This chart displays the sex disparity between the top 5 majors at Luther Rice College & Seminary by degrees awarded.

Most Common Male Majors

In 2023, 34 degrees were awarded to men at Luther Rice College & Seminary in Biblical Studies, which is 3.78 times more than the 9 female recipients with that same degree.

Most Common Female Majors

In 2023, 14 degrees were awarded to men at Luther Rice College & Seminary in Pastoral Studies & Counseling, which is 0.933 times less than the 15 male recipients with that same degree.

Time to Complete

N/A%

100% Completion Time

25%

150% Completion Time

In 2022, N/A% of students graduating from Luther Rice College & Seminary completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 25% completed their degrees within 150% of the normal time, and 50% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Male

Highest Graduation Rate (0%)

The student demographic with the highest graduation rate in 2023 at Luther Rice College & Seminary is Male and White (0% graduation rate). Across all Special Focus Institutions, 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
83 degrees awarded
Black or African American
51 degrees awarded
Hispanic or Latino
4 degrees awarded

The most common race/ethnicity at Luther Rice College & Seminary is white (83 degrees awarded). There were 1.63 times more white recipients than the next closest race/ethnicity group, black or african american (51 degrees).

3.42% of degree recipients (5 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Male
67 degrees awarded
Black or African American Male
29 degrees awarded
Black or African American Female
22 degrees awarded

The most common race/ethnicity and sex grouping at Luther Rice College & Seminary is white male (67 degrees awarded). There were 2.31 times more white male recipients than the next closest race/ethnicity group, black or african american male (29 degrees).

Operations

Luther Rice College & Seminary has an endowment valued at nearly $1.3M, as of the end of the 2023 fiscal year. The return on its endowment was of 236k (18.1%) compared to the 1.93% average return (240k on 12.4M) across all Special Focus Institutions.

In 2023, Luther Rice College & Seminary had a total salary expenditure of 3.99M. Luther Rice College & Seminary employs 8 Assistant professors, 7 Associate professors and 5 Professors. Most academics at Luther Rice College & Seminary are Male Assistant professor (8), Male Associate professor (6), and Male Professor (5).

The most common positions for non-instructional staff at Luther Rice College & Seminary are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 6 employees, Business and Financial Operations, with 3 employees, and Computer, Engineering, and Science with 2 employees.

Endowment

$1.3M

2023 Endowment

0.529%

decline from 2022

Luther Rice College & Seminary has an endowment valued at about $1.3M, as of the end of the 2023 fiscal year. The endowment of Luther Rice College & Seminary declined 0.529% from the previous year. The value of their endowment was $11.1M lower than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Luther Rice College & Seminary (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Faith-Related Institutions Carnegie Classification grouping.

Salary Expenditure

$2.29M

2023 Salaries

0.911%

growth from 2022

In 2023, Luther Rice College & Seminary paid a median of $2.29M in salaries, which represents 57.5% of their overall expenditure ($3.99M) and a 0.911% growth from the previous year. This is compared to a 15.3% decline between 2021 and 2022, and a 4.79% growth between 2020 and 2021.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

Instructional Salaries

$1.02M

Instructional Salaries

Number of Employees

In 2023, Luther Rice College & Seminary paid a total of $1.02M to 21 employees working as instructors, which represents 44.4% of all salaries paid.

This is compared to a median of $208k (5.9%) for similar Special Focus Institutions.

Occupations by Share

Assistant professor

Most Common Instructor

8 Employees

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

Most Common Non-Instructional Employee

6 Employees

In 2023, the most common positions for instructional staff at Luther Rice College & Seminary were Assistant professor with 8 employees, Associate professor with 7 employees, and Professor with 5 employees.

In 2023, the most common positions for non-instructional staff at Luther Rice College & Seminary were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 6 employees, Business and Financial Operations with 3 employees, and Computer, Engineering, and Science with 2 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Assistant professor
Male Associate professor
Male Professor

In 2023, the most common demographic for instructional staff at Luther Rice College & Seminary was Male Assistant professor with 8 employees, Male Associate professor with 6 employees, and Male Professor with 5 employees.

This chart shows the sex split between each academic rank present at Luther Rice College & Seminary.

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