Private Nonprofit · Winona Lake, Indiana

Grace College and Theological Seminary

Grace College and Theological Seminary is a private nonprofit institution in Winona Lake, Indiana. as a private nonprofit, published Scorecard outcomes cover federal-aid recipients at this campus — endowment and sticker price sit outside those cohort fields.

$45,411
10-yr median earnings
82.2%
Acceptance rate
$19,932
Avg net price / yr
69.4%
150%-time completion

The verdict

Grace College and Theological Seminary pairs above-median former-student earnings with open admission.

According to the U.S. Department of Education's College Scorecard.

Top 38%
former-student earnings, US
82.2%
acceptance rate
69.4%
150%-time completion
+10%
earnings, 6→10 yrs
Town: Distant Carnegie: Master's (M)
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Institution data retrieved July 2026; field-of-study data retrieved March 2026.

How to read this Grace College and Theological Seminary profile

Figures above come from IPEDS institution records published through the College Scorecard (retrieved July 2026 for institution fields; March 2026 for field-of-study). Peer groups and cost cohorts follow IPEDS ownership sector, Carnegie class ("Master's Colleges & Universities: Medium Programs"), and locale, not an editorial shortlist.

Average net price subtracts grant and scholarship aid from cost of attendance for full-time, first-time undergraduate Title IV recipients. It is a defined cohort average, not a personalized price; income-band fields add context but do not replace the school's current net-price calculator.

Earnings use Treasury-linked records for federally aided former students who were working and not enrolled in the measurement year (completers and noncompleters). IPEDS completion and retention use separate first-time, full-time cohorts, so those denominators are not the earnings cohort. Read cost, completion, and earnings as distinct historical measures, not a causal verdict or individual forecast.

College Value Score

C
College Value Score
57/100
Grace College and Theological Seminary

A 6-metric composite of earnings, cost, and completion outcomes benchmarked against every reporting US college, not a ranking of teaching quality, campus life, or fit for any individual student. See the full methodology.

Earnings C
$45,411
10-year median former-student earnings
Net Price F
$19,932
Average annual cost after grants and aid
Completion Rate B
69.4%
Completion within 150% of normal time
Debt F
$19,500
Median federal debt at graduation
Loan Repayment A+
84.7%
Borrowers repaying loans within 3 years
Retention C-
77.4%
First-year students returning for year two
Grace College and Theological Seminary vs. the national benchmark
EarningsNet PriceCompletionDebtRepaymentRetention

Each axis is the percentile score shown in the breakdown at left; the shape shows this school's overall profile at a glance.

10-yr median earnings

$45,411

Federal aid recipients only

Avg net price

$19,932

After grants and scholarships

150%-time completion

69.4%

Full-time, first-time cohort

150%-time completion vs portal median (57.1%) 69.4%

Four-year-institution cohort

College ROI Quadrant - Grace College and Theological Seminary vs peers

Grace College and Theological Seminary positioned by earnings vs cost Two-by-two quadrant chart: x-axis median earnings 10 years after enrollment, y-axis average net price after financial aid. Each dot is a college, colored by completion within 150% of normal time (garnet ≥65%, amber 45-64%, red <45%). Net price increases upward, earnings increase rightward, so: bottom-right = best value (low cost, high earnings); top-right = premium (high cost, high earnings); bottom-left = community college tier (low cost, modest earnings); top-left = cost challenge (high cost, low earnings). Currently plotting 8 colleges. Source: U.S. Department of Education College Scorecard joined to Carnegie Classification. Grace College and Theological Seminary posit… Carnegie Classification: Master's (M) Master's (… COST CHALLENGE PREMIUM COMMUNITY BEST VALUE $39K $62K Median Earnings 10 Years After Enrollment ($) $15K $27K Avg Net Price ($) Grace College and Theological Seminary (you are here): $45K earn · $20K net · 69% grad You are here - Grace College and … Saint Mary's College: $59K earn · $25K net · 73% grad Saint Mary's College Indiana Institute of Technology: $47K earn · $23K net · 38% grad Indiana Institute … University of Evansville: $54K earn · $18K net · 68% grad University of Evan… University of Saint Francis-Fort Wayne: $55K earn · $18K net · 58% grad University of Sain… Huntington University: $47K earn · $19K net · 66% grad Huntington Univers… Anderson University: $49K earn · $25K net · 52% grad Manchester University: $52K earn · $19K net · 45% grad Grad rate (4yr) ≥65% 45-64% <45%
Source: U.S. Department of Education College Scorecard + Carnegie Classification of Institutions of Higher Education

Each dot is a college plotted by 10-year median earnings (x-axis) vs average net price (y-axis), colored by completion within 150% of normal time. Bottom-right = high earnings/lower price; top-left = lower earnings/higher price.

How Grace College and Theological Seminary ranks nationally

Where this school's former-student earnings fall within the full national distribution of every US college that reports to the College Scorecard, not just its peer set.

Grace College and Theological Seminary: former-student earnings vs. every US college

10-year median earnings, College Scorecard

$45,411 Top 38% higher than 62% of 5,103 US colleges

$0–$20,000: 169 US colleges (3%). Below this entry. $20,000–$40,000: 2,245 US colleges (44%). Below this entry. $40,000–$60,000: 1,897 US colleges (37%). This entry sits in this band. $60,000–$80,000: 606 US colleges (12%). Above this entry. $80,000–$100,000: 134 US colleges (3%). Above this entry. $100,000–$120,000: 39 US colleges (1%). Above this entry. $120,000–$140,000: 11 US colleges (0%). Above this entry. $140,000–$160,000: 2 US colleges (0%). Above this entry. This college $0 $160,000 every US college, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US colleges. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Department of Education, College Scorecard · Mar–Jul 2026 retrievals

Metric Grace College and Theological Seminary National rank Percentile
10-yr median earnings $45,411 #1947 of 5103 62nd
Average net price $19,932 #3069 of 5020 39th (lower is better)
150%-time completion 69.4% #1462 of 4858 70th
Undergraduate enrollment 1,464 #1790 of 5462 67th

National ranks count every operating US college reporting each metric to the College Scorecard, separate from the earnings histogram above.

Quick Facts

1,464
Undergraduate enrollment
82.2%
Acceptance rate
1,119
SAT average
69.4%
150%-time completion
$45,411
10-yr median earnings
77.4%
First-year retention

How Grace College and Theological Seminary ranks in Indiana

State rank among 126 reporting Indiana colleges with College Scorecard data, a separate lens from the national distribution above.

Metric Grace College and Theological Seminary State rank Percentile
10-yr median earnings $45,411 #59 of 126 53rd
Average net price $19,932 #53 of 96 45th (lower is better)
150%-time completion 69.4% #22 of 87 75th
Undergraduate enrollment 1,464 #31 of 100 69th

Highest former-student earnings in Indiana

Admissions

Admission Rate 82.2%
SAT Average 1,119
SAT Math (25th-75th) 490 – 590
SAT Reading (25th-75th) 510 – 610
ACT Average 23
ACT (25th-75th) 21 – 27
0%100%82.2%
Share of applicants admitted

Costs & Financial Aid

Net price by family income at Grace College and Theological Seminary

Average annual net price after grants; Title IV recipient cohort by income bracket

net price / yr

What this shows Need-based aid pulls net price down at lower brackets at Grace College and Theological Seminary - compare the bar for your income band, not the overall average alone.

Source U.S. Department of Education, College Scorecard As of Mar–Jul 2026 retrievals

Tuition & Net Price

In-State Tuition $31,200
Out-of-State Tuition $31,200
Average Net Price $19,932
29.1%
Pell Grant Rate
49.8%
Federal Loan Rate
$19,500
Median Debt
$207/mo
Monthly Payment

Net price at Grace College and Theological Seminary swings rather than trends

Across 11 reported years between 2013 and 2023, the average net price here has ranged from $15,799 to $21,452 without settling into a rise or a fall. Comparing only the first and last years would read as +16.5%, but the years in between do not follow that line, so the honest summary is the range rather than a trend. Budget against the upper end, not the average.

Lowest year
$15,799
Highest year
$21,452
Most recent (2023)
$18,406
Average net price, 2013–2023

11 reported years. Nominal dollars, not adjusted for inflation.

2013: $15,7992014: $19,0062015: $17,6052016: $17,8092017: $21,4522018: $20,2602019: $20,8202020: $20,0602021: $18,3932022: $17,8252023: $18,406
2013 · $15,7992023 · $18,406

Over the same years, enrollment went +17.5% (1,286 → 1,511 students).

Source: U.S. Department of Education, College Scorecard, per-year fields (2013–2023). Net price is the average cost after grant and scholarship aid for federally-aided undergraduates.

Student Demographics

Race & ethnicity

Student body at a glance

62.9%
Female
28.1%
First Generation

Outcomes

77.4%
Retention Rate
$41,463
Median Earnings (6yr)
62.1%
Earning Over $25K
84.7%
Loan Repayment, Completers (3yr)

Outcomes & debt snapshot

Measure Cohort / horizon Value
Completion within 150% of normal time First-time, full-time 69.4%
First-year retention First-time, full-time freshmen 77.4%
Median earnings 6 years after entry $41,463
Median earnings 10 years after entry $45,411
Share earning over $25,000 Working, not enrolled 62.1%
Loan repayment rate Completers, 3 years after leaving 84.7%
Median federal student debt At completion $19,500
Estimated monthly payment Standard 10-year plan $207/mo

Programs & Earnings

Field-of-study summary by credential

Credential Programs Award count Avg earnings Top earnings Avg debt
Bachelor's 17 204 $51,184 $74,337 $19,599
Master's 5 95 $61,189 $66,779 $40,167

Top programs at Grace College and Theological Seminary by completer earnings

Median earnings of program completers, College Scorecard field-of-study file

median earnings

What this shows The highest-earning programs at a school are not necessarily its most popular ones - a small specialized program can post strong median earnings without reflecting the outcome most students here actually see.

Source U.S. Department of Education, College Scorecard As of Mar–Jul 2026 retrievals

Program Credential Completers Median Earnings Median Debt
Engineering Physics Bachelor's 0 $74,337 -
Business Administration, Management and Operations Master's 55 $66,779 $25,203
Business Administration, Management and Operations Bachelor's 26 $66,597 $18,097
Accounting and Related Services Bachelor's 11 $65,541 $19,500
Mental and Social Health Services and Allied Professions Master's 20 $55,598 $55,130
Marketing Bachelor's 6 $54,734 $19,500
Design and Applied Arts Bachelor's 4 $51,338 -
Special Education and Teaching Bachelor's 7 $50,212 -
Teacher Education and Professional Development, Specific Levels and Methods Bachelor's 17 $48,406 $15,250
Pastoral Counseling and Specialized Ministries Bachelor's 17 $44,733 $23,375
Psychology, General Bachelor's 30 $44,424 $20,500
Criminal Justice and Corrections Bachelor's 18 $42,932 $23,250
Sports, Kinesiology, and Physical Education/Fitness Bachelor's 18 $42,123 $23,250
Human Services, General Bachelor's 7 $40,727 $13,772
Clinical, Counseling and Applied Psychology Bachelor's 10 $39,291 $19,500

Independent Scorecard matches among reporting colleges — not recommendations from the institution or a counselor.

Frequently Asked Questions

What is the acceptance rate at Grace College and Theological Seminary?
Grace College and Theological Seminary is a private nonprofit institution in Winona Lake, Indiana. The acceptance rate is 82.2%. The average SAT score is 1,119. Undergraduate enrollment is 1,464 students.
How much do Grace College and Theological Seminary former students earn?
Federally aided former students at Grace College and Theological Seminary who were working and not enrolled had median earnings of $45,411 ten years after entry; the cohort is not limited to graduates. Six years after entry, the corresponding median is $41,463.
How much does Grace College and Theological Seminary cost?
The average net price at Grace College and Theological Seminary is $19,932. In-state tuition is $31,200 and out-of-state tuition is $31,200. Median student debt at graduation is $19,500.
What is the graduation rate at Grace College and Theological Seminary?
Grace College and Theological Seminary has a 69.4% completion rate within 150% of normal time at a four-year institution (typically six years for a bachelor’s program). The first-year retention rate is 77.4%.
Is Grace College and Theological Seminary worth the student debt?
The median student debt at Grace College and Theological Seminary is $19,500, while former students earn a median of $45,411 ten years after enrollment. That debt represents about 43% of those annual earnings. Among borrowers who completed their program, 84.7% are repaying their loans within 3 years. Estimated monthly loan payment is $207.

Sources & methodology

Private-nonprofit profiles emphasize Scorecard cost-after-aid and completion alongside IPEDS Carnegie class. Endowment, gifts, and sticker price are not Scorecard fields on this page.

Figures are the Mar–Jul 2026 federal retrievals. Nonprofit campuses vary widely in aid practice — net price here is the Title-IV-recipient cohort average, not an individual award letter. Read the full methodology for how the data is sourced, computed, and verified.

Where to go next from Grace College and Theological Seminary

Nonprofit Scorecard medians describe federal-aid recipients who were working and not enrolled — they are not sticker-price ROI and not advice.

Every figure on PlainCollege is rendered directly from the U.S. Department of Education's College Scorecard data, no number is typed in by an editor. Private-nonprofit profiles compile Scorecard net-price and earnings cohorts with IPEDS structure fields — no editor-typed figures. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error on this page. Review the public data changelog. Data current as of Mar–Jul 2026 retrievals.