Grace College and Theological Seminary is a private nonprofit institution offering graduate degrees based in Winona Lake, Indiana. It enrolls 1,464 students (a small, tight-knit student body), according to IPEDS 2023-24 data. Every figure on this page is reported by the federal government, not supplied by the college, so it can be compared like for like against anywhere else you are looking.
These four scores answer one question: compared with similar colleges, is this one worth the money? Each runs 0 to 100 and is judged only against its peer group (4-Year Selective), so a community college is never marked down for not being Harvard. Everything is computed from federal data. Nobody can pay to move a score, and a pillar with missing data is left unscored rather than guessed.
Good
63/100
UCD Score · 4-Year Selective
Outcomes67
Value32
Affordability46
Selectivity39
Admissions & Acceptance Rate
Grace College and Theological Seminary admits 82.2% of applicants, which makes it open to most qualified applicants, so admission is unlikely to be the hurdle.
Acceptance Rate
82.2%
Easy
SAT Range (25th–75th)
1000 – 1200
Reading + Math combined
ACT Range (25th–75th)
21 – 27
Cumulative composite
Test PolicyNot ConsideredStandardized test scores are not used in admissions decisions.
5-Year Admission Trend
Acceptance rate over the last five admission cycles. The trend tells you whether Grace College and Theological Seminary is getting harder, easier, or staying about the same.
Stable ↑
0.9 pts
since 2019
Cost & Financial Aid
Ignore the sticker price. What matters is the net price, which is what a typical family pays here after grants and scholarships come off. At $19,932 a year on average, it sits below what private nonprofit colleges charge nationally. That still leaves most families a gap to cover, but a manageable one. Figures are College Scorecard 2023-24.
Published cost of attendance, the sticker price before grants and scholarships. Most students underestimate room & board and other expenses.
Tuition & Fees
$31,200
Room & Board (on-campus)
$10,980
Room & Board (off-campus)
$9,000
Books & Supplies
$1,000
Other Expenses (on-campus)
$1,000
Other Expenses (off-campus)
$3,200
Total Cost of Attendance
$41,838
Net Price by Family Income
Aid is need-based, so net price varies by family income. Here's what each bracket typically pays after grants and scholarships.
Under $30,000
$10,998
$30,001 – $48,000
$12,459
$48,001 – $75,000
$17,103
$75,001 – $110,000
$22,963
Over $110,000
$26,884
Debt at Graduation
Cumulative federal-loan debt across the full borrowing distribution. The 10th and 90th percentiles bracket the typical range; the median sits in the middle.
$4,02110%percentile
$9,00025%percentile
$19,500Medianpercentile
$25,99475%percentile
$31,90090%percentile
Median Debt by Student Type
Median federal-loan debt at graduation broken down by demographic. Each slice's size is proportional to the dollar amount that group typically borrows.
GroupDebtvs Median
Pell recipients $17,500
↓ $2,000
No Pell $15,727
↓ $3,773
Dependent students $16,740
↓ $2,760
Independent students $17,044
↓ $2,456
Female students $15,750
↓ $3,750
Male students $18,498
↓ $1,002
Worth knowing:
Students who don't finish leave with a median debt of $7,500, less than completers ($19,500), but still a meaningful obligation without a degree in hand.
Graduation Rate & Retention
65% of students who start here finish within six years, and 79% come back after first year. Roughly half finish on that timeline, so budget for the possibility of a longer run. Source: IPEDS 2023-24.
Completion and earnings carry the most weight in this college's score, and how the UCD Score weighs each measure sets out exactly how they are combined.
6-Year Graduation Rate
65%
Of students who graduate within six years
First-Year Retention
79%
Returning for their second year
After Graduation: Earnings & Outcomes
Ten years after starting here, the median student earns $45,411 a year, close to the national median. Typical for most colleges, so what you study will matter more than where. Source: College Scorecard 2023-24.
Median Earnings (10 yrs)
$45,411
Earning > $25K
76%
10 yrs after entry
Earnings Growth After Graduation
Median annual earnings 6, 8, and 10 years after students first enrolled.
Earnings by Demographic
Mean annual earnings 10 years after entry, segmented by demographic. Reveals gaps the headline median can't show.
By Gender
Female graduates
$30,300
Median earnings for female grads ten years after first enrolling here.
Male graduates
$48,800
Median earnings for male grads ten years after first enrolling here.
By Family Income at Entry
Family income (lowest third)
$29,700
Earnings of grads from the bottom-third of family incomes at entry.
Family income (middle third)
$40,900
Earnings of grads from the middle-third of family incomes at entry.
Family income (highest third)
$37,400
Earnings of grads from the top-third of family incomes at entry.
The gender gap:
Male graduates earn $18,500, about 38% more than female graduates ten years out. The gap reflects industry mix, role choice, and structural pay differences that exist across most US colleges.
Loan Repayment Progression
Share of completer-cohort borrowers paying down at least $1 of principal at the 1-, 3-, 5-, and 7-year mark. Climbing rates show graduates settling into careers and managing debt; flat or declining rates are a warning.
Climbing: graduates increasingly paying down debt ↑
15.1 pts
across 6 years
What this signals:
Excellent. 94% of graduates were paying down at least $1 of principal seven years out.
Who Studies Here
Who you would actually be sitting next to: 1,464 students, a small, close-knit community.
Total Enrolled
1,464
Part-Time
2%
First-Generation
28%
Race & Ethnicity Breakdown
Undergraduate student body composition reported to the US Department of Education.
GroupShareStudents
White 80.3%1,175
Hispanic 7.5%110
International 3.8%55
Black 3.1%45
Other 2.9%42
Asian 1.4%20
Student Life & Campus Culture
Where students live, learn, and connect at Grace College and Theological Seminary. The campus setting, housing profile, and signals that shape day-to-day life here.
Grace College and Theological Seminary offers
an extensive catalog of programs:
52 distinct programs across
21 majors.
Below are its strongest majors, each with flagship programs and typical earnings.
Open a major to explore it in depth, or browse the full program catalog.
There are 23 students for every instructor here: high, so expect big lectures and to work harder for one-to-one time.
Student : Faculty
23:1
Students per instructional faculty member
Endowment
$56M
Modest endowment
Avg Faculty Salary
$70,521
9-month equivalent across all ranks
Faculty by Rank
54 instructional faculty across 4 ranks.
The rank mix shows how many senior faculty are teaching versus contingent or junior staff, with average salary equated to a 9-month contract.
Rank
Faculty Count
Share
Avg Salary
Full Professors
20
37%
$79,605
Associate Professors
10
19%
$72,781
Assistant Professors
17
31%
$63,912
Instructors
7
13%
$57,386
Pros & Cons of Grace College and Theological Seminary
No college is right for everyone. Here is where Grace College and Theological Seminary is likely to suit you and where it may not, based on the same figures shown above.
Best for:
Based on the data, Grace College and Theological Seminary is a fit for
students who want a clear path to start college without a competitive admissions barrier; students who thrive in small, close-knit environments.
Frequently Asked Questions about Grace College and Theological Seminary
The questions families ask most about Grace College and Theological Seminary, answered straight from the federal data rather than from the college's own marketing.
Is Grace College and Theological Seminary hard to get into?
Not especially. Grace College and Theological Seminary admits most qualified applicants, with an acceptance rate of 82.2%. Plan around cost and whether students finish, not your odds of getting in.
What is the acceptance rate at Grace College and Theological Seminary?
82.2% of applicants are admitted. Most applicants who meet the basic requirements are admitted. Source: College Scorecard 2023-24.
What SAT score do you need for Grace College and Theological Seminary?
Aim for 1200 or better. Half of admitted students scored between 1000 and 1200 (Reading plus Math), so anything above the top of that range makes you competitive and anything below the bottom means the rest of your application has to carry more weight. Source: IPEDS 2023-24.
What ACT score do you need for Grace College and Theological Seminary?
Aim for 27 or better. Half of admitted students scored between 21 and 27 on the composite, so the upper half of that band is where you want to land. Source: IPEDS 2023-24.
How much does Grace College and Theological Seminary cost?
Budget around $19,932 a year. That is the net price, what families typically pay once grants and scholarships come off, not the sticker price. Your own figure depends on household income, so treat this as a midpoint rather than a quote. Source: College Scorecard 2023-24.
Is Grace College and Theological Seminary worth it?
On the numbers, yes: moderate return on investment. Ten years in, the median graduate earns $45,411 a year against a net price of $19,932, about 2.3 dollars of earnings for every dollar of annual cost. That ratio ignores whether you finish and what you study, which matter just as much. Source: College Scorecard 2023-24.
What is Grace College and Theological Seminary known for?
Mostly Business Administration, Psychology, Business Administration. Those are the fields where it awards the most degrees, which is a better guide to where the teaching strength sits than any reputation ranking. Source: IPEDS 2023-24.
What do Grace College and Theological Seminary graduates earn?
About $45,411 a year, measured ten years after students first enrolled. Half earn more and half earn less, and what you study moves that figure far more than where you study. Source: College Scorecard 2023-24.
Is Grace College and Theological Seminary accredited?
Yes. Grace College and Theological Seminary is accredited by the Higher Learning Commission.
How many students attend Grace College and Theological Seminary?
1,464 students. Small enough that you will recognize faces across campus, and small enough that course choice can be limited. Source: IPEDS 2023-24.
What is the graduation rate at Grace College and Theological Seminary?
65% finish within six years. That leaves a meaningful share who do not finish on that timeline, so budget for the possibility of a longer run. Source: IPEDS 2023-24.
Is Grace College and Theological Seminary a public or private college?
It is Private Nonprofit. Private nonprofit, so the sticker price is higher but institutional aid is often larger too.
Where is Grace College and Theological Seminary located?
Grace College and Theological Seminary is located in Winona Lake, Indiana.
What programs does Grace College and Theological Seminary offer?
52 different programs, most commonly Business Administration, Psychology, Business Administration. If the subject you want is not among them, check the full list before applying rather than assuming it is offered.
What is the student-to-faculty ratio at Grace College and Theological Seminary?
23 students per instructor. On the high side, so expect big classes and to seek out contact time yourself. Source: IPEDS 2023-24.
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