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. Below you'll find verified data on admissions, cost, student outcomes, programs offered, and what graduates typically earn, all pulled from the U.S. Department of Education's College Scorecard and IPEDS.
US College Data scores each college on four pillars (outcomes, value, affordability, and selectivity) on a 0–100 scale, ranked within its peer group (4-Year Selective). Scores are calculated from verified College Scorecard and IPEDS data, not opinion or paid placement. Where data is missing, that pillar isn't scored.
Good
63/100
UCD Score · 4-Year Selective
Outcomes67
Value32
Affordability46
Selectivity39
Admissions & Acceptance Rate
With an acceptance rate of 82.2%, Grace College and Theological Seminary is broadly accessible to qualified applicants.
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
The real cost of attending Grace College and Theological Seminary isn't the sticker price. It's the net price,which is what most students actually pay after grants and scholarships. According to College Scorecard 2023-24 data, the average net price is $19,932 per year. That's below the typical net price for private nonprofit colleges nationally.
Average Net Price
$19,932
Per year, after typical aid
Receive Pell Grants
29%
Need-based federal aid
Receive Federal Loans
50%
Borrowing to attend
Full Cost Breakdown
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 full-time students who enrolled at Grace College and Theological Seminary graduate within six years, and 79% return for their second year, per IPEDS 2023-24 completion data.
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
According to College Scorecard 2023-24 data, students who entered Grace College and Theological Seminary earn a median of $45,411 ten years after first enrolling. That's close to the national median for U.S. colleges.
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
Grace College and Theological Seminary is home 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.
Setting
Town: DistantWinona Lake, Indiana
Housing
Strongly residential1,127 beds for 1,464 students
Adult Learners
5%of students are 25 or older
Athletics
NCAAathletic-conference member
Academic Calendar
Semesterscheduling structure
Designation
Religiously affiliated
What You Can Study
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.
The student-to-faculty ratio at Grace College and Theological Seminary is 23:1, high (larger classes are common).
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
A quick at-a-glance summary of how Grace College and Theological Seminary tends to stack up for prospective students,weighing its data, size, setting, and cost profile together.
PROS
Below-average net price
Accessible admissions for most applicants
Tight-knit, close community feel
CONS
Larger class sizes than typical
Fewer clubs, activities, and social options
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
Quick answers to the questions most students and parents ask. Every answer below is calculated from verified government data about Grace College and Theological Seminary.
Is Grace College and Theological Seminary hard to get into?
Grace College and Theological Seminary has open or near-open admissions. Most qualified applicants are accepted. Acceptance rate: 82.2%.
What is the acceptance rate at Grace College and Theological Seminary?
Grace College and Theological Seminary has an acceptance rate of 82.2%, according to College Scorecard 2023-24 admissions data.
What SAT score do you need for Grace College and Theological Seminary?
The middle 50% of admitted students at Grace College and Theological Seminary scored between 1000 and 1200 on the SAT (Reading + Math combined). Scores at the higher end of that range improve admissions odds materially. Per IPEDS 2023-24 data.
What ACT score do you need for Grace College and Theological Seminary?
The middle 50% of admitted students at Grace College and Theological Seminary scored between 21 and 27 on the ACT composite. Scores in the upper half of that range strengthen an application. Source: IPEDS 2023-24.
How much does Grace College and Theological Seminary cost?
The average net price after aid at Grace College and Theological Seminary is $19,932 per year, this is what students typically pay after grants and scholarships are applied. Net price data: College Scorecard 2023-24.
Is Grace College and Theological Seminary worth it?
Moderate return on investment. Graduates earn a median of $45,411 ten years after entering, against an average net price of $19,932 per year. That's roughly 2.3x earnings-to-cost. Source: College Scorecard 2023-24.
What is Grace College and Theological Seminary known for?
Grace College and Theological Seminary is best known for its programs in Business Administration, Psychology, Business Administration. These are the most popular fields by completed degrees, per IPEDS 2023-24 completion data.
What do Grace College and Theological Seminary graduates earn?
Median earnings 10 years after entering Grace College and Theological Seminary are $45,411, based on College Scorecard 2023-24 federal earnings data for Title IV recipients.
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?
Grace College and Theological Seminary enrolls 1,464 students, per IPEDS 2023-24 fall enrollment data.
What is the graduation rate at Grace College and Theological Seminary?
Grace College and Theological Seminary graduates 65% of full-time students within six years, per IPEDS 2023-24 completion data.
Is Grace College and Theological Seminary a public or private college?
Grace College and Theological Seminary is a Private Nonprofit institution.
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?
Grace College and Theological Seminary offers 52 distinct programs. The most popular include Business Administration, Psychology, Business Administration.
What is the student-to-faculty ratio at Grace College and Theological Seminary?
The student-to-faculty ratio at Grace College and Theological Seminary is 23:1, per IPEDS 2023-24 data.
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