Veritas Baptist College

www.vbc.edu/

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2021 Undergraduate Tuition

$7,176

15.4% growth from 2020

2021 Average Net Price

$16,423

After Financial Aid

2019 Student Loan

13%

Default Rate

2021 Acceptance Rate

100%

25 Applicants

2021 Enrolled Students

186

25.3% Full-Time

2021 Graduation Rate

33.3%

2 Graduates

About

Veritas Baptist College is a higher education institution located in Dearborn County, IN. In 2021, the most popular Bachelors Degree concentrations at Veritas Baptist College were Biblical Studies (20 degrees awarded) and Religious Education (12 degrees).

In 2021, 56 degrees were awarded across all undergraduate and graduate programs at Veritas Baptist College. 39.3% of these degrees were awarded to women, and 60.7% awarded men. The most common race/ethnicity group of degree recipients was white (47 degrees), 15.7 times more than then the next closest race/ethnicity group, hispanic or latino (3 degrees).

The median undergraduate tuition at Veritas Baptist College is $7,176, which is $−7,324 less than the national average for Special Focus Institutions ($14,500).

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

Costs

In 2021, the median undergraduate tuition at Veritas Baptist College is $7,176, which is $−7,324 less than the national average for Special Focus Institutions ($14,500).

After taking grants and loans into account, the average net price for students is $16,423.

In 2021, 39% of undergraduate students attending Veritas Baptist College received financial aid through grants. Comparatively, 9% of undergraduate students received financial aid through loans.

Tuition Costs

$7,176

2021 Undergraduate Tuition

In 2021, the cost of tuition at Veritas Baptist College was $7,176. The cost of tuition at Veritas Baptist College is $−7,324 less than than the overall (public and private) national average for Special Focus Institutions ($14,500).

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

Average Net Price

$16,423

2021 Value

78%

1 Year Growth

In 2021 Veritas Baptist College had an average net price — the price paid after factoring in grants and loans — of $16,423. Between 2020 and 2021, the average net price of Veritas Baptist College grew by 78%.

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

$9,369

Room and Board

$800

Books and Supplies

The average yearly cost of room and board at Veritas Baptist College was of $9,369 in 2021. The cost of room and board increased by 2.14% between 2020 and 2021.

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 (in red) with that of similar universities.

Financial Aid by Income Level

39%

Undergraduates Receiving Financial Aid through Grants

Undergraduates Receiving Financial Aid through Loans

39% of undergraduate students at Veritas Baptist College received financial aid through grants or loans in 2021. This represents a decline of 13.3% with respect to 2020, when 45% of undergraduate students received financial aid.

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

13%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Veritas Baptist College was 13%, which represents 10 out of the 77 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 received 25 undergraduate applications in 2021, which represents a 32.4% annual growth. Out of those 25 applicants, 25 students were accepted for enrollment, representing a 100% acceptance rate.

There were 186 students enrolled at Veritas Baptist College in 2021.

Veritas Baptist College has an overall enrollment yield of 52%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

100%

Acceptance Rate in 2021

Accepted Out of 25

In 2021, the undergraduate acceptance rate of Veritas Baptist College was 100% (25 admissions from 25 applications). This is higher than the acceptance rate of 2020, which was 67.6%. Between 2020 and 2021, the number of applicants grew by 32.4%, while admissions remained the same..

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

Enrollment

Veritas Baptist College had a total enrollment of 186 students in 2021. The full-time enrollment at Veritas Baptist College is 47 students and the part-time enrollment is 139. This means that 25.3% of students enrolled at Veritas Baptist College are enrolled full-time.

The enrolled student population at Veritas Baptist College, both undergraduate and graduate, is 83.9% White, 5.38% Asian, 4.3% Black or African American, 2.69% Hispanic or Latino, 2.69% Two or More Races, and 1.08% American Indian or Alaska Native.

Students enrolled at Veritas Baptist College in full-time Undergraduate programs are most commonly White Male (57.5%), followed by White Female (27.5%) and Asian Male (7.5%). Students enrolled in full-time Graduate programs are most commonly White Female (42.9%), followed by White Male (28.6%) and Black or African American Male (14.3%).

Full-Time vs Part-Time Enrollment

25.3%

Full-Time Enrollment

The total enrollment at Veritas Baptist College in 2021, both undergraduate and graduate, is 186 students. The full-time enrollment at Veritas Baptist College is 47 and the part-time enrollment is 139. This means that 25.3% of students enrolled at Veritas Baptist College are enrolled full-time compared with 69.7% at similar Special Focus Institutions.

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

Retention Rate over Time

75%

2021 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 was 75%. Compared with the full-time retention rate at similar Special Focus Institutions (69%), Veritas Baptist College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
156 enrolled students
Asian
10 enrolled students
Black or African American
8 enrolled students

The enrolled student population at Veritas Baptist College is 83.9% White, 5.38% Asian, 4.3% Black or African American, 2.69% Hispanic or Latino, 2.69% Two or More Races, and 1.08% 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 43.6% White, 18.4% Hispanic or Latino, and 14% Black or African American.

Graduates

In 2021, 12 fewer women than men received degrees from Veritas Baptist College. The most common race/ethnicity group of degree recipients at Veritas Baptist College is white (47 degrees awarded). There were 15.7 times more white recipients than the next closest race/ethnicity group, hispanic or latino (3 degrees).

The most common Bachelor's Degree concentration at Veritas Baptist College is Biblical Studies (20 degrees awarded), followed by Religious Education (12 degrees).

In 2021, the most specialized majors across all degree types at Veritas Baptist College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are THEOLOGY AND RELIGIOUS VOCATIONS. (56 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 are Clergy (74,913 people), Elementary & middle school teachers (9,382 people), Other managers (6,124 people), Postsecondary teachers (4,629 people), and Driver/sales workers & truck drivers (4,624 people).

The most specialized majors at Veritas Baptist College in 2021 are THEOLOGY AND RELIGIOUS VOCATIONS. (56 degrees awarded) (as of 2021).

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 are Cardiovascular technologists and technicians, Nuclear medicine technologists and medical dosimetrists, Physicians, Diagnostic medical sonographers, and Securities, commodities, & financial services sales agents

The most specialized majors at Veritas Baptist College are THEOLOGY AND RELIGIOUS VOCATIONS. (56 degrees awarded) (as of 2021).

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 are Religious organizations (82,439 people), Elementary & secondary schools (21,631 people), Colleges, universities & professional schools, including junior colleges (11,207 people), Construction (8,507 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (8,372 people).

The most specialized majors at Veritas Baptist College are THEOLOGY AND RELIGIOUS VOCATIONS. (56 degrees awarded) (as of 2021).

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.

Most Common (2021)

Biblical Studies
20 degree-majors awarded
Religious Education
12 degree-majors awarded

In 2021, the most common bachelors degree concentration at Veritas Baptist College was Biblical Studies with 20 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

In 2021, 34 degrees were awarded to men at Veritas Baptist College, which is 1.55 times more than the number of degrees awarded to females (22).

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

Most Common Male Majors

In 2021, 30 degrees were awarded to men at Veritas Baptist College in Biblical Studies, which is 7.5 times more than the 4 female recipients with that same degree.

Most Common Female Majors

In 2021, 18 degrees were awarded to men at Veritas Baptist College in Religious Education, which is 9 times more than the 2 male recipients with that same degree.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Veritas Baptist College is Female and White (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (72.9%).

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 (2021)

White
47 degrees awarded
Hispanic or Latino
3 degrees awarded
Two or More Races
3 degrees awarded

The most common race/ethnicity at Veritas Baptist College is white (47 degrees awarded). There were 15.7 times more white recipients than the next closest race/ethnicity group, hispanic or latino (3 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Male
28 degrees awarded
White Female
19 degrees awarded
Hispanic or Latino Male
2 degrees awarded

The most common race/ethnicity and sex grouping at Veritas Baptist College is white male (28 degrees awarded). There were 1.47 times more white male recipients than the next closest race/ethnicity group, white female (19 degrees).

Operations

Veritas Baptist College employs 4 Professors, 2 Instructors. Most academics at Veritas Baptist College are Male Professor (3), Male Instructor (1), and Female Instructor (1).

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

Salary Expenditure

$762k

2021 Salaries

14.3%

growth from 2020

In 2021, Veritas Baptist College paid a median of $762k in salaries, a 14.3% growth from the previous year.

The median for similar Special Focus Institutions is 3.06M (42.8% of overall expenditures).

Instructional Salaries

$180k

Instructional Salaries

Number of Employees

In 2021, Veritas Baptist College paid a total of $180k to 6 employees working as instructors, which represents 23.7% of all salaries paid.

This is compared to a median of $871k (28.4%) for similar Special Focus Institutions.

Occupations by Share

Professor

Most Common Instructor

4 Employees

Management

Most Common Non-Instructional Employee

3 Employees

In 2021, the most common positions for instructional staff at Veritas Baptist College were Professor with 4 employees, and Instructor with 2 employees.

In 2021, the most common positions for non-instructional staff at Veritas Baptist College were Management with 3 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 3 employees, and Business and Financial Operations with 1 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Male Instructor
Female Instructor

In 2021, the most common demographic for instructional staff at Veritas Baptist College was Male Professor with 3 employees, Male Instructor with 1 employees, and Female Instructor with 1 employees.

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