Payback
EarningsPlus
Economic score
Grace College and Theological Seminary is a private regional university located in Winona Lake, Indiana. Grace College and Theological Seminary is very inclusive in their admissions.
Return on educational investment at Grace College and Theological Seminary is in the bottom 25% of all ranked schools. The median student earns $41,427 10 years after enrolling, 38th in Indiana, and in the bottom 25% nationally. When adjusted for earning differences by major, Grace College and Theological Seminary bachelor students earn 14% less than the national average. Grace College and Theological Seminary is ranked 29th in Indiana.
Grace College and Theological Seminary’s median net annual cost of $20,060 and average years to graduate of 4.1 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 6 programs at Grace College and Theological Seminary sorted by number of graduates - Business Administration, Psychology, Clinical / Counseling Psych, Special Education, Education, Health & Fitness - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$20,060
Average years to graduate
4.1
Accounting
Rank: #240
Economic score: 2.52
Education (subject specific)
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 8.12
Business and Commerce
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 9.16
Marketing
Rank: #380
Economic score: 10.52
Pastoral Counseling
Rank: #6
Economic score: 12.83
Criminal Justice
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 13.47
Comms & Media Studies
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 22.3
Design & Applied Arts
Rank: #242
Economic score: 50.2
EarningPlus compares the three-year post graduate earnings to the median earnings of the same graduating class, with the same graduate degree. These 2 metrics, debt-to-earnings and EarningsPlus, are combined into an economic score. The lower the economic score the better.
The most popular 2 graduate programs at Grace College and Theological Seminary - Business Administration, Mental & Social Health Services - are shown below.
The average full-time graduate completes their degree in 4.1 years. 69% of all students graduate within 8 years including part-time students. The graduation rate at Grace College and Theological Seminary is 9% higher than the state average, and 11% above the average for all regional universities in the country.
At Grace College and Theological Seminary, Pell Grant recipients represent 30% of the measured graduating class, 5% lower than the national average of 35%. The average Pell Grant recipient at Grace College and Theological Seminary graduates within 4.1 years.
Grace College and Theological Seminary is in the top 50% of schools for graduating Pell recipients.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
Grace College and Theological Seminary’s economic mobility score of 6.04 is calculated by adjusting the 7.23 economic score of lower-income students by the 30% pell grant recipients within the student body. Grace College and Theological Seminary’s EMS of 6.04 ranks in the bottom 10% nationally.false
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Bottom 10%
The average Title IV recipient at Grace College and Theological Seminary pays $20,060 a year, $19,200 less than the $39,260 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $20,060
Much of the gap between net price and sticker price is filled by institutional and government grants. At Grace College and Theological Seminary, 100% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $20,060 on average to be covered by the student – be it through loans or out of pocket. In total, 65% of students take out loans, federal or private, at an average amount of $6,913. This is 11% more than the national average.
Federal grants
$5,514
Pell grants
$4,873
State grants
$6,904
Institutional grants
$15,390
Grace College and Theological Seminary offers 8 online bachelor programs, all of which are hybrid format. At the master’s level Grace College and Theological Seminary offers 16 programs, 3 of which are held exclusively online. We use the IPEDS July '20 — July '21 Distance Education report to determine which programs are online. EarningsPlus data is provided when available.
Online programs
24
Hybrid programs
21
Percentage of programs online
26%
Grace College and Theological Seminary's very inclusive admissions are indicated by their 83% acceptance rate. In 2021, the school had 4,152 applicants, of which 3,453 were admitted and 437 enrolled. Grace College and Theological Seminary doesn't have a rolling admissions policy, which means applications are reviewed after a hard admissions deadline.
Full time
88%
83%
Female
63%
59%
First time
80%
59%
In-state
73%
68%
1st generation
28%
35%
White
80%
52%
Black
4%
14%
Hispanic
7%
15%
Asian
1%
5%
American Indian
N/A
1.6%
Pacific Islander
N/A
0.3%
Other
7%
12%