Veritas Baptist College

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2020 Undergraduate Tuition
$6,216
7.92% growth from 2019
2020 Average Net Price
$9,227
After Financial Aid
2018 Student Loan
21.2%
Default Rate
2020 Acceptance Rate
67.6%
37 Applicants
2020 Enrolled Students
216
34.3% Full-Time
2020 Graduation Rate
33.3%
1 Graduates

About

Veritas Baptist College is a higher education institution located in Dearborn County, IN. In 2016, the most popular Bachelor's Degree concentrations at Veritas Baptist College were Biblical Studies (11 degrees awarded) and Religious Education (4 degrees).

In 2020, 27 degrees were awarded across all undergraduate and graduate programs at Veritas Baptist College. 37% of these degrees were awarded to women, and 63% awarded men. The most common race/ethnicity group of degree recipients was white (24 degrees), 24 times more than then the next closest race/ethnicity group, asian (1 degrees).

The median undergraduate tuition at Veritas Baptist College is $6,216, which is $−8,184 less than the national average for Special Focus Institutions ($14,400).

Costs

The median undergraduate tuition at Veritas Baptist College is $6,216, which is $−8,184 less than the national average for Special Focus Institutions ($14,400).

After taking grants and loans into account, the average net price for students is $9,227.

In 2020, 45% of undergraduate students received federal grants, while 12% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$6,216
2020 Undergraduate Tuition

In 2020, the cost of tuition at Veritas Baptist College was $6,216. The cost of tuition at Veritas Baptist College is $−8,184 less than than the overall (public and private) national average for Special Focus Institutions ($14,400).

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Average Net Price

$9,227
2020 Value
45%
1 Year Growth

In 2020 Veritas Baptist College had an average net price — the price paid after factoring in grants and loans — of $9,227. Between 2019 and 2020, the average net price of Veritas Baptist College grew by 45%.

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.

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Other Student Expenses

$9,173
Room and Board
$800
Books and Supplies

The average yearly cost of room and board at Veritas Baptist College was of $9,173 in 2020. During the same period, the average yearly cost of books and supplies was $800. The cost of room and board increased by 2.19% between 2019 and 2020. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

45%
Of Undergraduates Receive Grants
12%
Of Undergraduates Receive Federal Loans

45% of undergraduate students at Veritas Baptist College received grants or loans in 2020. This represents a growth of 12.5% with respect to 2019, when 40% 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.

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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.
21.2%
2018 Default Rate
7
Number of Defaults

In 2018 the default rate for borrower's at Veritas Baptist College was 21.2%, which represents 7 out of the 33 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.

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Admissions

Veritas Baptist College received 37 undergraduate applications in 2020, which represents a 76.2% annual growth. Out of those 37 applicants, 25 students were accepted for enrollment, representing a 67.6% acceptance rate.

There were 216 students enrolled at Veritas Baptist College in 2020, and N/A% of first-time enrollees submitted SAT scores with their applications.

Veritas Baptist College has an overall enrollment yield of 60%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

67.6%
Acceptance Rate in 2020
25
Accepted Out of 37

In 2020, the undergraduate acceptance rate of Veritas Baptist College was 67.6% (25 admissions from 37 applications). This is lower than the acceptance rate of 2019, which was 100%. Between 2019 and 2020, the number of applicants grew by 76.2%, while admissions grew by 19%.

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SAT Scores

N/A%
Submission Percentage
N/A
Scores Submitted

N/A% of enrolled first-time students at Veritas Baptist College in 2020 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Veritas Baptist College has a total enrollment of 216 students. The full-time enrollment at Veritas Baptist College is 74 students and the part-time enrollment is 142. This means that 34.3% of students enrolled at Veritas Baptist College are enrolled full-time.

The enrolled student population at Veritas Baptist College, both undergraduate and graduate, is 80.6% White, 6.02% Hispanic or Latino, 5.56% Asian, 4.17% Two or More Races, 3.24% Black or African American, 0.463% Native Hawaiian or Other Pacific Islanders, and 0% American Indian or Alaska Native.

Students enrolled at Veritas Baptist College in full-time Undergraduate programs are most commonly White Male (44.8%), followed by White Female (31.3%) and Asian Male (7.46%). Students enrolled in full-time Graduate programs are most commonly White Male (71.4%), followed by Hispanic or Latino Male (14.3%) and White Female (14.3%).

Full-Time vs Part-Time Enrollment

34.3%
Full-Time Enrollment

The total enrollment at Veritas Baptist College, both undergraduate and graduate, is 216 students. The full-time enrollment at Veritas Baptist College is 74 and the part-time enrollment is 142. This means that 34.3% of students enrolled at Veritas Baptist College are enrolled full-time compared with 68.5% 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.

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Retention Rate over Time

67%
2020 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 67%. Compared with the full-time retention rate at similar Special Focus Institutions (71.5%), Veritas Baptist College had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    174
  2. Hispanic or Latino
    13
  3. Asian
    12

The enrolled student population at Veritas Baptist College is 80.6% White, 6.02% Hispanic or Latino, 5.56% Asian, 4.17% Two or More Races, 3.24% Black or African American, 0.463% Native Hawaiian or Other Pacific Islanders, and 0% 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 44% White, 17.3% Hispanic or Latino, and 14.4% Black or African American.

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Graduates

In 2020, 7 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 (24 degrees awarded). There were 24 times more white graduates than the next closest race/ethnicity group, asian (1 degrees).

The most common Bachelor's Degree concentration at Veritas Baptist College is Biblical Studies (11 degrees awarded), followed by Religious Education (4 degrees) and N/A.

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 (27 degrees awarded).

Workforce

Common Jobs by Major

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 (80,970 people), Elementary & middle school teachers (7,988 people), Education administrators (5,540 people), Driver/sales workers & truck drivers (5,290 people), and Other managers (5,217 people).

The most specialized majors at Veritas Baptist College are Theology (27 degrees awarded).

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Highest Paying Jobs by Major

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 Physicians, Sales managers, Personal financial advisors, Computer & information systems managers, and Chief executives & legislators

The most specialized majors at Veritas Baptist College are Theology (27 degrees awarded).

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Common Industries by Major

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 (87,489 people), Elementary & secondary schools (22,205 people), Colleges, universities & professional schools, including junior colleges (11,549 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (8,286 people), and Construction (8,019 people).

The most specialized majors at Veritas Baptist College are Theology (27 degrees awarded).

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Degrees

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
  1. 11 degree-majorss awarded
  2. 4 degree-majorss awarded
  3. N/A
    N/A degree-majorss awarded

In 2020, the most common bachelors degree concentration at Veritas Baptist College was Biblical Studies with 11 degrees awarded.

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

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Sex Breakdown for Common Majors

17
Degrees Awarded to Men
in 2020
10
Degrees Awarded to Women
in 2020

In 2020, 17 degrees were awarded to men at Veritas Baptist College, which is 1.7 times more than the number of degrees awarded to females (10).

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

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Most Common Male Majors

In 2020, 16 degrees were awarded to men at Veritas Baptist College in Biblical Studies, which is 4 times more than the 4 female recipients with that same degree.

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Most Common Female Majors

In 2020, 6 degrees were awarded to women at Veritas Baptist College in Religious Education, which is 6 times more than the 1 male recipients with that same degree.

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Time to Complete

67%
100% Completion Time
67%
150% Completion Time

In 2020, 67% of students graduating from Veritas Baptist College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 67% completed their degrees within 150% of the normal time, and 67% 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.

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Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
White Male
Highest Graduation Rate (33.3%)

The student demographic with the highest graduation rate at Veritas Baptist College is Male and White (33.3% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (72.4%).

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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    24 degrees awarded
  2. Asian
    1 degrees awarded
  3. Hispanic or Latino
    1 degrees awarded

The most common race/ethnicity at Veritas Baptist College is white (24 degrees awarded). There were 24 times more white recipients than the next closest race/ethnicity group, asian (1 degrees).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Male
    14 degrees awarded
  2. White Female
    10 degrees awarded
  3. Asian Male
    1 degrees awarded

The most common race/ethnicity and sex grouping at Veritas Baptist College is white male (14 degrees awarded). There were 1.4 times more white male recipients than the next closest race/ethnicity group, white female (10 degrees).

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Operations

Veritas Baptist College has an endowment valued at nearly $N/A, as of the end of the 2020 fiscal year. The return on its endowment was of $0 (NaNN%), compared to the 1.87% average return ($195k on $10.4M) across all Special Focus Institutions.

In 2020, Veritas Baptist College had a total salary expenditure of $980k. Veritas Baptist College employs 5 Professors, 1 Instructors, and 1 Associate professors. Most academics at Veritas Baptist College are Male Professors (4), Male Instructors(1), and Female Professors (1).

The most common positions for non-instructional staff at Veritas Baptist College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 4 employees, Management, with 2 employees, and Business and Financial Operations with 1 employees.

Finances

Endowment

0%
growth from 2019

This line chart shows how the endowment at Veritas Baptist College (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.

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Government Grants and Contracts

Grants & Contracts
  1. $0 - Federal
  2. $0 - State
  3. $0 - Local

As of 2020, Veritas Baptist College received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$667k
2020 Salaries
19.8%
growth from 2019

In 2020, Veritas Baptist College paid a median of $667k in salaries, which represents 68% of their overall expenditure ($980k) and a 19.8% growth from the previous year. This is compared to a 2.63% growth from 2018 and a 42.7% growth from 2017.

The median for similar Special Focus Institutions is 2.95M (42.1% of overall expenditures).

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Instructional Salaries

$179k
Instructional Salaries
7
Number of Employees

In 2020, Veritas Baptist College paid a total of $179k to 7 employees working as instructors, which represents 26.9% of all salaries paid.

This is compared to a median of $855k (29%) for similar Special Focus Institutions.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
5 Employees
Librarians, Curators, Archivists, and Academic Affairs and Other Education Services
Most Common Non-Instructional Employee
4 Employees

In 2020, the most common positions for instructional staff at Veritas Baptist College were Professor with 5 employees; Instructor with 1 employees; and Instructor with 1 employees.

In 2020, the most common positions for non-instructional staff at Veritas Baptist College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 4 employees; Management with 2 employees; and Business and Financial Operations with 1 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic
  1. Male Professor
  2. Male Instructor
  3. Female Professor

In 2020, the most common demographic for instructional staff at Veritas Baptist College was Male Professor with 4 employees, Male Instructor with 1 employees, and Female Professor with 1 employees.

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

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