Grace College and Theological Seminary
Winona Lake, IN · Private nonprofit · Graduate degree-granting
Located in Winona Lake, Indiana, Grace College and Theological Seminary is a private nonprofit institution, accredited by the Higher Learning Commission. With 1,464 students, it is a small institution. Graduates earn a median of $45,411 ten years after enrollment, which is 11% above the national median of $40,747. On the academic side, the graduation rate is 69.4%. For cost considerations, median graduate debt is $19,500, yielding an earnings-to-debt ratio of 2.33x. The average net price after financial aid is $19,932 per year. The most popular programs include Business Administration & Management, Psychology, Sports & Fitness, Mental Health Services, and Liberal Arts & Sciences.
Key Outcomes
Median Earnings (10yr)
$45,411
Graduation Rate
69.4%
Median Debt
$19,500
Average Net Price
$19,932
Earnings-to-Cost Ratio
0.57x
Earnings-to-Debt Ratio
2.33x
Admissions & Enrollment
Total Enrollment
1,464
Admission Rate
82.2%
Average SAT
1119
Retention Rate
77.4%
Cost
In-State Tuition
$31,200
Out-of-State Tuition
$31,200
Pell Grant Rate
29.1%
Federal Loan Rate
49.8%
Net Cost by Family Income
Income $0–$30K
$10,998
Income $30K–$48K
$12,459
Income $48K–$75K
$17,103
Income $110K+
$26,884
Student Demographics
Women
62.9%
White
80.3%
Black
3.1%
Hispanic
7.5%
Asian
1.4%
Two or More Races
2.3%
Student Loan Performance
Repayment Rate (3yr)
79.8%
Accreditations
- Commission on Accrediting of the Association of Theological Schools — Theology (THEOL) - Freestanding schools, as well as programs affiliated with larger institutions, offering graduate professional education for ministry and graduate study of theology (Accredited)
- Higher Learning Commission — Institutional Accreditation (Accredited)
- National Association of Schools of Music, Commission on Accreditation — Music (MUS) (Accredited)
- National Council for Accreditation of Teacher Education — Teacher Education (TED) - Baccalaureate and graduate programs for the preparation of teachers and other professional personnel for elementary and secondary schools (Accredited)
Programs (53)
Bachelor (28)
| Program | Median Earnings | Completers |
|---|---|---|
| Psychology | $44,424 | 34 |
| Business Administration & Management | $66,597 | 30 |
| Sports & Fitness | $42,123 | 29 |
| Teacher Education | $48,406 | 22 |
| Bible/Biblical Studies | Not reported | 20 |
| Pastoral Counseling and Specialized Ministries | $44,733 | 20 |
| Communications | Not reported | 16 |
| Design & Applied Arts | $51,338 | 14 |
| Accounting | $65,541 | 13 |
| Marketing | $54,734 | 12 |
| Health Services Administration & Management | Not reported | 11 |
| Cognitive Psychology | $39,291 | 9 |
| Public Administration | $40,727 | 8 |
| Finance | Not reported | 8 |
| Special Education | $50,212 | 6 |
| Secondary Education | Not reported | 6 |
| Music | Not reported | 6 |
| History | Not reported | 5 |
| Agricultural Business | Not reported | 4 |
| Natural Resources Conservation | Not reported | 4 |
| English Language & Literature | Not reported | 4 |
| Visual & Performing Arts | Not reported | 4 |
| Mechanical Engineering | Not reported | 3 |
| Romance Languages | Not reported | 3 |
| Biology | Not reported | 3 |
| International Business | Not reported | 3 |
| Criminal Justice & Corrections | $42,932 | 2 |
| Engineering Physics | $74,337 | Not reported |
Master (6)
| Program | Median Earnings | Completers |
|---|---|---|
| Business Administration & Management | $66,779 | 47 |
| Mental Health Services | $55,598 | 25 |
| Sports & Fitness | Not reported | 22 |
| Pastoral Counseling and Specialized Ministries | Not reported | 17 |
| Theological and Ministerial Studies | Not reported | 11 |
| Educational Administration | Not reported | 5 |
Doctoral (1)
| Program | Median Earnings | Completers |
|---|---|---|
| Missions/Missionary Studies and Missiology | Not reported | 3 |
Associate (1)
| Program | Median Earnings | Completers |
|---|---|---|
| Liberal Arts & Sciences | Not reported | 24 |
Show 17 additional programs with limited data
| Program | Level | Completers |
|---|---|---|
| Journalism | Bachelor | 2 |
| Theological and Ministerial Studies | Doctoral | 2 |
| Fine Arts | Bachelor | 2 |
| Entrepreneurship | Bachelor | 2 |
| Management Sciences and Quantitative Methods | Bachelor | 2 |
| Agricultural Business | Associate | 1 |
| Radio, Television & Film | Bachelor | 1 |
| Interdisciplinary Studies | Bachelor | 1 |
| Bible/Biblical Studies | Master | 1 |
| Missions/Missionary Studies and Missiology | Master | 1 |
| Chemistry | Bachelor | 1 |
| Political Science | Bachelor | 1 |
| Sociology | Bachelor | 1 |
| Film, Video & Photographic Arts | Bachelor | 1 |
| Allied Health Diagnostic & Treatment | Bachelor | 1 |
| Hospitality Management | Bachelor | 1 |
| Management Information Systems | Bachelor | 1 |
Rankings Featuring This Institution
- Highest Earning Master's Nursing & Health Programs in Indiana
- Highest Earning Master's Business Programs in Indiana
- Highest Earning Bachelor's Psychology Programs in Indiana
- Highest Earning Bachelor's Education Programs in Indiana
- Highest Earning Bachelor's Visual & Performing Arts Programs in Indiana
- Highest Earning Bachelor's Parks & Recreation Programs in Indiana
- Highest Earning Bachelor's Public Administration Programs in Indiana
- Highest Earning Colleges in Indiana
- Lowest Debt Colleges in Indiana
- Highest Graduation Rate Colleges in Indiana
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