Veritas Baptist College (482228)

www.vbc.edu

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2022 Undergraduate Tuition

$7,176

2022 Average Net Price

$10,474

After Financial Aid

2020 Default Rate

10%

on Student Loans

2022 Acceptance Rate

100%

25 Applicants

2022 Enrolled Students

182

23.6% Full-Time

2022 Graduation Rate

33.3%

1 Graduates

About

Veritas Baptist College (482228) is a higher education institution located in Dearborn County, IN. In 2022, the most popular Bachelors Degree concentrations at Veritas Baptist College (482228) were Biblical Studies (18 degrees awarded) and Religious Education (9 degrees).

In 2022, 44 degrees were awarded across all undergraduate and graduate programs at Veritas Baptist College (482228). 38.6% of these degrees were awarded to women, and 61.4% awarded men. The most common race/ethnicity group of degree recipients was white (38 degrees), 9.5 times more than then the next closest race/ethnicity group, hispanic or latino (4 degrees).

The median undergraduate tuition at Veritas Baptist College (482228) is $7,176, which is $−7,765 less than the national average for Special Focus Institutions ($14,942).

In 2020 the default rate for borrower's at Veritas Baptist College (482228) was 10%, corresponding to 8 out of the 80 total borrowers.

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

Costs

In 2022, the median undergraduate tuition at Veritas Baptist College (482228) is $7,176, which is $7,766 less than the national average for Special Focus Institutions ($14,942).

After taking grants and loans into account, the average net price for students is $10,474.

In 2022, 41% of undergraduate students attending Veritas Baptist College (482228) received financial aid through grants. Comparatively, 10% of undergraduate students received financial aid through loans.

Tuition Costs

$7,176

2022 Undergraduate Tuition

In 2022, the cost of tuition at Veritas Baptist College (482228) was $7,176. The cost of tuition at Veritas Baptist College (482228) is $−7,766 less than than the overall (public and private) national average for Special Focus Institutions ($14,942).

This chart compares the tuition costs of Veritas Baptist College (482228) (in red) with those of other similar universities.

Average Net Price

$10,474

2022 Value

36.2%

1 Year Growth

In 2022 Veritas Baptist College (482228) had an average net price — the price paid after factoring in grants and loans — of $10,474. Between 2021 and 2022, the average net price of Veritas Baptist College (482228) grew by 36.2%.

This chart compares the average net price of Veritas Baptist College (482228) (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

$9,650

Room and Board

$800

Books and Supplies

The average yearly cost of room and board at Veritas Baptist College (482228) was of $9,650 in 2022. The cost of room and board increased by 3% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $800. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Veritas Baptist College (482228) (in red) with that of similar universities.

Financial Aid by Income Level

41%

Undergraduates Receiving Financial Aid through Grants

10%

Undergraduates Receiving Financial Aid through Loans

41% of undergraduate students at Veritas Baptist College (482228) received financial aid through grants or loans in 2022. This represents a growth of 5.13% with respect to 2021, when 39% of undergraduate students received financial aid.

This chart compares the average award discount at Veritas Baptist College (482228) (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.

10%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Veritas Baptist College (482228) was 10%, which represents 8 out of the 80 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

Veritas Baptist College (482228) received 25 undergraduate applications in 2022, which represents a 0% annual growth. Out of those 25 applicants, 25 students were accepted for enrollment, representing a 100% acceptance rate.

There were 182 students enrolled at Veritas Baptist College (482228) in 2022.

Veritas Baptist College (482228) has an overall enrollment yield of 64%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

100%

Acceptance Rate in 2022

Accepted Out of 25

In 2022, the undergraduate acceptance rate of Veritas Baptist College (482228) was 100% (25 admissions from 25 applications). This is approximately the same as the acceptance rate of 2021, which was 100%. Between 2021 and 2022, the number of applicants remained the same, while admissiomns remained the same.

This chart compares the acceptance rate of Veritas Baptist College (482228) (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

Enrollment

Veritas Baptist College (482228) had a total enrollment of 182 students in 2022. The full-time enrollment at Veritas Baptist College (482228) is 43 students and the part-time enrollment is 139. This means that 23.6% of students enrolled at Veritas Baptist College (482228) are enrolled full-time.

The enrolled student population at Veritas Baptist College (482228), both undergraduate and graduate, is 81.9% White, 6.04% Hispanic or Latino, 5.49% Asian, 3.85% Black or African American, 1.65% Two or More Races, and 1.1% American Indian or Alaska Native.

Students enrolled at Veritas Baptist College (482228) in full-time Undergraduate programs are most commonly White Male (61.5%), followed by White Female (28.2%) and Hispanic or Latino Male (5.13%). Students enrolled in full-time Graduate programs are most commonly White Male (50%), followed by Asian Male (25%) and White Female (25%).

Full-Time vs Part-Time Enrollment

23.6%

Full-Time Enrollment

The total enrollment at Veritas Baptist College (482228) in 2022, both undergraduate and graduate, is 182 students. The full-time enrollment at Veritas Baptist College (482228) is 43 and the part-time enrollment is 139. This means that 23.6% of students enrolled at Veritas Baptist College (482228) are enrolled full-time compared with 71.2% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Veritas Baptist College (482228) (in red) compares to similar universities.

Retention Rate over Time

50%

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 Veritas Baptist College (482228) was 50%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Veritas Baptist College (482228) had a retention rate lower than its peers.

This chart shows the retention rate over time at Veritas Baptist College (482228) (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
149 enrolled students
Hispanic or Latino
11 enrolled students
Asian
10 enrolled students

The enrolled student population at Veritas Baptist College (482228) is 81.9% White, 6.04% Hispanic or Latino, 5.49% Asian, 3.85% Black or African American, 1.65% Two or More Races, and 1.1% 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 42.1% White, 19.3% Hispanic or Latino, and 14.1% Black or African American.

Graduates

In 2022, 10 fewer women than men received degrees from Veritas Baptist College (482228). The most common race/ethnicity group of degree recipients at Veritas Baptist College (482228) is white (38 degrees awarded). There were 9.5 times more white recipients than the next closest race/ethnicity group, hispanic or latino (4 degrees).

The most common Bachelor's Degree concentration at Veritas Baptist College (482228) is Biblical Studies (18 degrees awarded), followed by Religious Education (9 degrees).

In 2022, the most specialized majors across all degree types at Veritas Baptist College (482228), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (44 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 Veritas Baptist College (482228) are Clergy (75,499 people), Elementary & middle school teachers (9,354 people), Other managers (6,962 people), Postsecondary teachers (4,622 people), and Education administrators (4,507 people).

The most specialized majors at Veritas Baptist College (482228) in 2022 are Theology (44 degrees awarded) (as of 2022).

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 Veritas Baptist College (482228) 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 Veritas Baptist College (482228) are Theology (44 degrees awarded) (as of 2022).

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 Veritas Baptist College (482228) 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 Veritas Baptist College (482228) are Theology (44 degrees awarded) (as of 2022).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Veritas Baptist College (482228).

Most Common (2022)

Biblical Studies
18 degrees awarded
Religious Education
9 degrees awarded

In 2022, the most common bachelors degree concentration at Veritas Baptist College (482228) was Biblical Studies with 18 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Veritas Baptist College (482228) according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 27 degrees were awarded to men at Veritas Baptist College (482228), which is 1.59 times more than the number of degrees awarded to females (17).

This chart displays the sex disparity between the top 5 majors at Veritas Baptist College (482228) by degrees awarded.

Most Common Male Majors

In 2022, 24 degrees were awarded to men at Veritas Baptist College (482228) in Biblical Studies, which is 6 times more than the 4 female recipients with that same degree.

Most Common Female Majors

In 2022, 13 degrees were awarded to men at Veritas Baptist College (482228) in Religious Education, which is 4.33 times more than the 3 male recipients with that same degree.

Time to Complete

33%

100% Completion Time

33%

150% Completion Time

In 2022, 33% of students graduating from Veritas Baptist College (482228) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 33% completed their degrees within 150% of the normal time, and 33% 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.

Asian Male

Highest Graduation Rate (0%)

The student demographic with the highest graduation rate in 2022 at Veritas Baptist College (482228) is Male and Asian (0% graduation rate). Across all Special Focus Institutions, 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, 0% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
38 degrees awarded
Hispanic or Latino
4 degrees awarded
Asian
1 degrees awarded

The most common race/ethnicity at Veritas Baptist College (482228) is white (38 degrees awarded). There were 9.5 times more white recipients than the next closest race/ethnicity group, hispanic or latino (4 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Male
23 degrees awarded
White Female
15 degrees awarded
Hispanic or Latino Male
3 degrees awarded

The most common race/ethnicity and sex grouping at Veritas Baptist College (482228) is white male (23 degrees awarded). There were 1.53 times more white male recipients than the next closest race/ethnicity group, white female (15 degrees).

Operations

Veritas Baptist College (482228) employs 4 Professors, 1 Instructors. Most academics at Veritas Baptist College (482228) are Male Professor (2), Female Professor (2), and Male Instructor (1).

The most common positions for non-instructional staff at Veritas Baptist College (482228) are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 3 employees, Management, with 2 employees, and Business and Financial Operations with 1 employees.

Salary Expenditure

$796k

2022 Salaries

4.46%

growth from 2021

In 2022, Veritas Baptist College (482228) paid a median of $796k in salaries, a 4.46% growth from the previous year. This is compared to a 14.3% growth between 2020 and 2021, and a 19.8% growth between 2019 and 2020.

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

Instructional Salaries

$171k

Instructional Salaries

Number of Employees

In 2022, Veritas Baptist College (482228) paid a total of $171k to 5 employees working as instructors, which represents 21.5% of all salaries paid.

This is compared to a median of $975k (30.7%) for similar Special Focus Institutions.

Occupations by Share

Professor

Most Common Instructor

4 Employees

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

Most Common Non-Instructional Employee

3 Employees

In 2022, the most common positions for instructional staff at Veritas Baptist College (482228) were Professor with 4 employees, and Instructor with 1 employees.

In 2022, the most common positions for non-instructional staff at Veritas Baptist College (482228) were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 3 employees, Management with 2 employees, and Business and Financial Operations with 1 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Professor
Female Professor
Male Instructor

In 2022, the most common demographic for instructional staff at Veritas Baptist College (482228) was Male Professor with 2 employees, Female Professor with 2 employees, and Male Instructor with 1 employees.

This chart shows the sex split between each academic rank present at Veritas Baptist College (482228).

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