Maranatha Baptist University

www.mbu.edu

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2022 Undergraduate Tuition

$17,560

4.52% growth from 2021

2022 Average Net Price

$22,858

After Financial Aid

2020 Default Rate

on Student Loans

2022 Acceptance Rate

75.1%

297 Applicants

2022 Enrolled Students

965

52.7% Full-Time

2022 Graduation Rate

53.4%

94 Graduates

About

Maranatha Baptist University is a higher education institution located in Jefferson County, WI. In 2022, the most popular Masters Degree concentrations at Maranatha Baptist University were General Education (23 degrees awarded), Biblical Studies (21 degrees), and Organizational Leadership (14 degrees).

In 2022, 239 degrees were awarded across all undergraduate and graduate programs at Maranatha Baptist University. 58.6% of these degrees were awarded to women, and 41.4% awarded men. The most common race/ethnicity group of degree recipients was white (206 degrees), 20.6 times more than then the next closest race/ethnicity group, two or more races (10 degrees).

The median undergraduate tuition at Maranatha Baptist University is $17,560, which is $−10,770 less than the national average for Baccalaureate Colleges ($28,330).

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 2022, the median undergraduate tuition at Maranatha Baptist University is $17,560, which is $10,770 less than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $22,858.

In 2022, 68% of undergraduate students attending Maranatha Baptist University received financial aid through grants. Comparatively, 37% of undergraduate students received financial aid through loans.

Tuition Costs

$17,560

2022 Undergraduate Tuition

In 2022, the cost of tuition at Maranatha Baptist University was $17,560. The cost of tuition at Maranatha Baptist University is $−10,770 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

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

Average Net Price

$22,858

2022 Value

11.3%

1 Year Growth

In 2022 Maranatha Baptist University had an average net price — the price paid after factoring in grants and loans — of $22,858. Between 2021 and 2022, the average net price of Maranatha Baptist University grew by 11.3%.

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

$9,760

Room and Board

$1,380

Books and Supplies

The average yearly cost of room and board at Maranatha Baptist University was of $9,760 in 2022. The cost of room and board increased by 2.68% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,380. The cost of books and supplies increased by 2.22% 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

68%

Undergraduates Receiving Financial Aid through Grants

37%

Undergraduates Receiving Financial Aid through Loans

68% of undergraduate students at Maranatha Baptist University received financial aid through grants or loans in 2022. This represents a decline of 4.23% with respect to 2021, when 71% 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 297 undergraduate applications in 2022, which represents a 12.5% annual growth. Out of those 297 applicants, 223 students were accepted for enrollment, representing a 75.1% acceptance rate.

There were 965 students enrolled at Maranatha Baptist University in 2022. 17% of first-time enrollees submitted SAT scores with their applications.

Maranatha Baptist University has an overall enrollment yield of 70.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

75.1%

Acceptance Rate in 2022

223

Accepted Out of 297

In 2022, the undergraduate acceptance rate of Maranatha Baptist University was 75.1% (223 admissions from 297 applications). This is lower than the acceptance rate of 2021, which was 80.3%. Between 2021 and 2022, the number of applicants grew by 12.5%, while admissions grew by 5.19%.

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

17%

Submission Percentage (2022)

Scores Submitted (2022)

17% of enrolled first-time students at Maranatha Baptist University in 2022 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 965 students in 2022. The full-time enrollment at Maranatha Baptist University is 509 students and the part-time enrollment is 456. This means that 52.7% of students enrolled at Maranatha Baptist University are enrolled full-time.

The enrolled student population at Maranatha Baptist University, both undergraduate and graduate, is 84.2% White, 5.91% Hispanic or Latino, 2.07% Two or More Races, 1.76% Black or African American, 1.55% Asian, and 0.415% American Indian or Alaska Native.

Students enrolled at Maranatha Baptist University in full-time Undergraduate programs are most commonly White Female (50.6%), followed by White Male (34.6%) and Hispanic or Latino Female (3.73%). Students enrolled in full-time Graduate programs are most commonly White Male (59.3%), followed by White Female (25.9%) and Hispanic or Latino Male (3.7%).

Full-Time vs Part-Time Enrollment

52.7%

Full-Time Enrollment

The total enrollment at Maranatha Baptist University in 2022, both undergraduate and graduate, is 965 students. The full-time enrollment at Maranatha Baptist University is 509 and the part-time enrollment is 456. This means that 52.7% of students enrolled at Maranatha Baptist University are enrolled full-time compared with 79.6% 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%

2022 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 (72%), 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 (2022)

White
813 enrolled students
Hispanic or Latino
57 enrolled students
Two or More Races
20 enrolled students

The enrolled student population at Maranatha Baptist University is 84.2% White, 5.91% Hispanic or Latino, 2.07% Two or More Races, 1.76% Black or African American, 1.55% Asian, and 0.415% 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 Baccalaureate Colleges is 54.3% White, 13.8% Hispanic or Latino, and 13.1% 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, 27 students (2.8%) did not report their race.

Graduates

In 2022, 41 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 (206 degrees awarded). There were 20.6 times more white recipients than the next closest race/ethnicity group, two or more races (10 degrees).

The most common Masters Degree concentration at Maranatha Baptist University is General Education (23 degrees awarded), followed by Biblical Studies (21 degrees) and Organizational Leadership (14 degrees).

In 2022, 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 (59 degrees awarded), Interdisciplinary Studies (28 degrees), and History (7 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 (1,697,164 people), Secondary school teachers (547,832 people), Education administrators (305,646 people), Other managers (207,366 people), and Postsecondary teachers (202,138 people).

The most specialized majors at Maranatha Baptist University in 2022 are Theology (59 degrees awarded), Interdisciplinary Studies (28 degrees), History (7 degrees), Education (54 degrees), and English (7 degrees) (as of 2022).

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 (59 degrees awarded), Interdisciplinary Studies (28 degrees), History (7 degrees), Education (54 degrees), and English (7 degrees) (as of 2022).

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 (2022)

General Interdisciplinary Studies
21 degrees awarded
Registered Nursing
14 degrees awarded
Elementary Education & Teaching
10 degrees awarded

In 2022, the most common bachelors degree concentration at Maranatha Baptist University was General Interdisciplinary Studies with 21 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

140

Degrees Awarded to Women

in 2022

In 2022, 99 degrees were awarded to men at Maranatha Baptist University, which is 0.707 times less than the number of degrees awarded to females (140).

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

Most Common Male Majors

In 2022, 31 degrees were awarded to men at Maranatha Baptist University in Biblical Studies, which is 6.2 times more than the 5 female recipients with that same degree.

Most Common Female Majors

In 2022, 19 degrees were awarded to men at Maranatha Baptist University in General Education, which is 2.71 times more than the 7 male recipients with that same degree.

Time to Complete

47%

100% Completion Time

54%

150% Completion Time

In 2022, 47% of students graduating from Maranatha Baptist University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 54% completed their degrees within 150% of the normal time, and 54% 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 Male

Highest Graduation Rate (75%)

The student demographic with the highest graduation rate in 2022 at Maranatha Baptist University is Male and Two or More Races (75% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (73.2%).

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, 3.19% of graduates (3 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
206 degrees awarded
Two or More Races
10 degrees awarded
Hispanic or Latino
8 degrees awarded

The most common race/ethnicity at Maranatha Baptist University is white (206 degrees awarded). There were 20.6 times more white recipients than the next closest race/ethnicity group, two or more races (10 degrees).

2.09% of degree recipients (5 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
119 degrees awarded
White Male
87 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 (119 degrees awarded). There were 1.37 times more white female recipients than the next closest race/ethnicity group, white male (87 degrees).

Operations

Maranatha Baptist University has an endowment valued at nearly $278k, as of the end of the 2022 fiscal year. The return on its endowment was of −352k (−127%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Maranatha Baptist University had a total salary expenditure of 17.6M. Maranatha Baptist University employs 23 Associate professors, 12 No academic ranks and 12 Professors. Most academics at Maranatha Baptist University are Male Associate professor (12), Female Associate professor (11), and Male Professor (10).

The most common positions for non-instructional staff at Maranatha Baptist University are: Management, with 21 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 14 employees, and Office and Administrative Support with 13 employees.

Endowment

$278k

2022 Endowment

0.0644%

growth from 2021

Maranatha Baptist University has an endowment valued at about $278k, as of the end of the 2022 fiscal year. The endowment of Maranatha Baptist University grew 0.0644% from the previous year. The value of their endowment was $49M 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

$6.37M

2022 Salaries

0.577%

decline from 2021

In 2022, Maranatha Baptist University paid a median of $6.37M in salaries, which represents 36.1% of their overall expenditure ($17.6M) and a 0.577% decline from the previous year. This is compared to a 1.7% decline between 2020 and 2021, and a 3.96% growth between 2019 and 2020.

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

Instructional Salaries

$1.76M

Instructional Salaries

Number of Employees

In 2022, Maranatha Baptist University paid a total of $1.76M to 49 employees working as instructors, which represents 27.6% of all salaries paid.

This is compared to a median of $5.04M (32.1%) for similar Baccalaureate Colleges.

Occupations by Share

Associate professor

Most Common Instructor

23 Employees

Management

Most Common Non-Instructional Employee

21 Employees

In 2022, the most common positions for instructional staff at Maranatha Baptist University were Associate professor with 23 employees, No academic rank with 12 employees, and Professor with 12 employees.

In 2022, the most common positions for non-instructional staff at Maranatha Baptist University were Management with 21 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 14 employees, and Office and Administrative Support with 13 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Associate professor
Female Associate professor
Male Professor

In 2022, the most common demographic for instructional staff at Maranatha Baptist University was Male Associate professor with 12 employees, Female Associate professor with 11 employees, and Male Professor with 10 employees.

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

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