Maranatha Baptist University

www.mbu.edu

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2023 Undergraduate Tuition

$18,900

7.63% growth from 2022

2023 Average Net Price

$26,001

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

70.9%

206 Applicants

2023 Enrolled Students

977

48.6% Full-Time

2023 Graduation Rate

61.6%

77 Graduates

About

Maranatha Baptist University is a higher education institution located in Jefferson County, WI. In 2023, the most popular Masters Degree concentrations at Maranatha Baptist University were General Education (40 degrees awarded), Biblical Studies (23 degrees), and Organizational Leadership (11 degrees).

In 2023, 233 degrees were awarded across all undergraduate and graduate programs at Maranatha Baptist University. 50.6% of these degrees were awarded to women, and 49.4% awarded men. The most common race/ethnicity group of degree recipients was white (197 degrees), 14.1 times more than then the next closest race/ethnicity group, two or more races (14 degrees).

The median undergraduate tuition at Maranatha Baptist University is $18,900, which is $−10,380 less than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Maranatha Baptist University was 0%, corresponding to 0 out of the 149 total borrowers.

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Maranatha Baptist University is $18,900, which is $10,380 less than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $26,001.

In 2023, 64% of undergraduate students attending Maranatha Baptist University received financial aid through grants. Comparatively, 28% of undergraduate students received financial aid through loans.

Tuition Costs

$18,900

2023 Undergraduate Tuition

In 2023, the cost of tuition at Maranatha Baptist University was $18,900. The cost of tuition at Maranatha Baptist University is $−10,380 less than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

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

Average Net Price

$26,001

2023 Value

13.8%

1 Year Growth

In 2023 Maranatha Baptist University had an average net price — the price paid after factoring in grants and loans — of $26,001. Between 2022 and 2023, the average net price of Maranatha Baptist University grew by 13.8%.

This chart compares the average net price of Maranatha Baptist 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

$8,260

Room and Board

$1,442

Books and Supplies

The average yearly cost of room and board at Maranatha Baptist University was of $8,260 in 2023. The cost of room and board decreased by 15.4% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,442. The cost of books and supplies increased by 4.49% during the same period.

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

Financial Aid by Income Level

64%

Undergraduates Receiving Financial Aid through Grants

28%

Undergraduates Receiving Financial Aid through Loans

64% of undergraduate students at Maranatha Baptist University received financial aid through grants or loans in 2023. This represents a decline of 5.88% with respect to 2022, when 68% of undergraduate students received financial aid.

This chart compares the average award discount at Maranatha Baptist 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Maranatha Baptist University was 0%, which represents 0 out of the 149 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

Maranatha Baptist University received 206 undergraduate applications in 2023, which represents a 30.6% annual growth. Out of those 206 applicants, 146 students were accepted for enrollment, representing a 70.9% acceptance rate.

There were 977 students enrolled at Maranatha Baptist University in 2023. 20% of first-time enrollees submitted SAT scores with their applications.

Maranatha Baptist University has an overall enrollment yield of 69.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

70.9%

Acceptance Rate in 2023

146

Accepted Out of 206

In 2023, the undergraduate acceptance rate of Maranatha Baptist University was 70.9% (146 admissions from 206 applications). This is lower than the acceptance rate of 2022, which was 75.1%. Between 2022 and 2023, the number of applicants declined by 30.6%, while admissions declined by 34.5%.

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

SAT Scores

20%

Submission Percentage (2023)

Scores Submitted (2023)

20% of enrolled first-time students at Maranatha Baptist University in 2023 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

Maranatha Baptist University had a total enrollment of 977 students in 2023. The full-time enrollment at Maranatha Baptist University is 475 students and the part-time enrollment is 502. This means that 48.6% of students enrolled at Maranatha Baptist University are enrolled full-time.

The enrolled student population at Maranatha Baptist University, both undergraduate and graduate, is 80.8% White, 5.94% Hispanic or Latino, 4.91% Asian, 2.66% Two or More Races, 1.43% Black or African American, 0.307% American Indian or Alaska Native, and 0.102% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Maranatha Baptist University in full-time Undergraduate programs are most commonly White Female (50.2%), followed by White Male (34.2%) and Hispanic or Latino Female (3.88%). Students enrolled in full-time Graduate programs are most commonly White Male (45.6%), followed by White Female (26.3%) and Hispanic or Latino Female (7.02%).

Full-Time vs Part-Time Enrollment

48.6%

Full-Time Enrollment

The total enrollment at Maranatha Baptist University in 2023, both undergraduate and graduate, is 977 students. The full-time enrollment at Maranatha Baptist University is 475 and the part-time enrollment is 502. This means that 48.6% of students enrolled at Maranatha Baptist University are enrolled full-time compared with 78.8% at similar Baccalaureate Colleges.

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

Retention Rate over Time

76%

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 Maranatha Baptist University was 76%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Maranatha Baptist University had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
789 enrolled students
Hispanic or Latino
58 enrolled students
Asian
48 enrolled students

The enrolled student population at Maranatha Baptist University is 80.8% White, 5.94% Hispanic or Latino, 4.91% Asian, 2.66% Two or More Races, 1.43% Black or African American, 0.307% American Indian or Alaska Native, and 0.102% 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 53.2% White, 14.1% Hispanic or Latino, and 12.9% 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, 21 students (2.15%) did not report their race.

Graduates

In 2023, 3 more women than men received degrees from Maranatha Baptist University. The most common race/ethnicity group of degree recipients at Maranatha Baptist University is white (197 degrees awarded). There were 14.1 times more white recipients than the next closest race/ethnicity group, two or more races (14 degrees).

The most common Masters Degree concentration at Maranatha Baptist University is General Education (40 degrees awarded), followed by Biblical Studies (23 degrees) and Organizational Leadership (11 degrees).

In 2023, the most specialized majors across all degree types at Maranatha Baptist University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (76 degrees awarded), Education (63 degrees), and Interdisciplinary Studies (19 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 Maranatha Baptist University are Elementary & middle school teachers (1,619,053 people), Secondary school teachers (588,609 people), Education administrators (311,484 people), Other managers (217,869 people), and Special education teachers (214,846 people).

The most specialized majors at Maranatha Baptist University in 2023 are Theology (76 degrees awarded), Education (63 degrees), Interdisciplinary Studies (19 degrees), English (7 degrees), and History (2 degrees) (as of 2023).

Highest Paying Jobs by Major

Diagnostic medical sonographers

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Maranatha Baptist University are Diagnostic medical sonographers, Surgeons, Magnetic resonance imaging technologists, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at Maranatha Baptist University are Theology (76 degrees awarded), Education (63 degrees), Interdisciplinary Studies (19 degrees), English (7 degrees), and History (2 degrees) (as of 2023).

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 Maranatha Baptist University are Elementary & secondary schools (3,043,049 people), Colleges, universities & professional schools, including junior colleges (429,644 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (237,788 people), Legal services (170,174 people), and Computer Systems Design (156,192 people).

Majors Awarded

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

Most Common (2023)

General Education
40 degrees awarded
Biblical Studies
23 degrees awarded
Organizational Leadership
11 degrees awarded

In 2023, the most common masters degree concentration at Maranatha Baptist University was General Education with 40 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from masters degree programs at Maranatha Baptist University according to their major.

Sex Breakdown for Common Majors

115

Degrees Awarded to Men

in 2023

118

Degrees Awarded to Women

in 2023

In 2023, 115 degrees were awarded to men at Maranatha Baptist University, which is 0.975 times less than the number of degrees awarded to females (118).

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

Most Common Male Majors

In 2023, 32 degrees were awarded to men at Maranatha Baptist University in Biblical Studies, which is 5.33 times more than the 6 female recipients with that same degree.

Most Common Female Majors

In 2023, 32 degrees were awarded to men at Maranatha Baptist University in General Education, which is 2.91 times more than the 11 male recipients with that same degree.

Time to Complete

42%

100% Completion Time

50%

150% Completion Time

In 2023, 42% of students graduating from Maranatha Baptist University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 50% completed their degrees within 150% of the normal time, and 51% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Maranatha Baptist University is Female and Two or More Races (100% graduation rate). Across all Baccalaureate Colleges, 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.

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, 1.3% of graduates (1 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
197 degrees awarded
Two or More Races
14 degrees awarded
Black or African American
6 degrees awarded

The most common race/ethnicity at Maranatha Baptist University is white (197 degrees awarded). There were 14.1 times more white recipients than the next closest race/ethnicity group, two or more races (14 degrees).

2.15% of degree recipients (5 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
102 degrees awarded
White Male
95 degrees awarded
Two or More Races Female
7 degrees awarded

The most common race/ethnicity and sex grouping at Maranatha Baptist University is white female (102 degrees awarded). There were 1.07 times more white female recipients than the next closest race/ethnicity group, white male (95 degrees).

Operations

Maranatha Baptist University has an endowment valued at nearly $281k, as of the end of the 2023 fiscal year. The return on its endowment was of 647k (231%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Maranatha Baptist University had a total salary expenditure of 18M. Maranatha Baptist University employs 23 Associate professors, 11 Professors and 9 No academic ranks. Most academics at Maranatha Baptist University are Male Associate professor (13), Female Associate professor (10), and Male Professor (9).

The most common positions for non-instructional staff at Maranatha Baptist University are: Management, with 20 employees, Service, with 12 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 10 employees.

Endowment

$281k

2023 Endowment

0.935%

growth from 2022

Maranatha Baptist University has an endowment valued at about $281k, as of the end of the 2023 fiscal year. The endowment of Maranatha Baptist University grew 0.935% from the previous year. The value of their endowment was $51.2M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Maranatha Baptist 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

$7.02M

2023 Salaries

10.2%

growth from 2022

In 2023, Maranatha Baptist University paid a median of $7.02M in salaries, which represents 39% of their overall expenditure ($18M) and a 10.2% growth from the previous year. This is compared to a 0.577% decline between 2021 and 2022, and a 1.7% decline between 2020 and 2021.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$1.69M

Instructional Salaries

Number of Employees

In 2023, Maranatha Baptist University paid a total of $1.69M to 46 employees working as instructors, which represents 24% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

Occupations by Share

Associate professor

Most Common Instructor

23 Employees

Management

Most Common Non-Instructional Employee

20 Employees

In 2023, the most common positions for instructional staff at Maranatha Baptist University were Associate professor with 23 employees, Professor with 11 employees, and No academic rank with 9 employees.

In 2023, the most common positions for non-instructional staff at Maranatha Baptist University were Management with 20 employees, Service with 12 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 10 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Associate professor
Female Associate professor
Male Professor

In 2023, the most common demographic for instructional staff at Maranatha Baptist University was Male Associate professor with 13 employees, Female Associate professor with 10 employees, and Male Professor with 9 employees.

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

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