Grace College and Theological Seminary

Winona Lake, Indiana

Private Nonprofit Town: Distant

Grace College and Theological Seminary is a private nonprofit institution in Winona Lake, Indiana enrolling 1,464 students, according to the U.S. Department of Education College Scorecard. The acceptance rate is 82.2% with an average SAT of 1,119. Graduates earn a median of $45,411 ten years after enrollment, based on U.S. Treasury tax records linked to federal financial aid data. The average net price after financial aid is $19,932. This profile includes admissions data, graduation rates, program-level earnings, and cost breakdowns to help students compare colleges using official federal data.

What the IPEDS & College Scorecard Data Shows for Grace College and Theological Seminary

Grace College and Theological Seminary operates as a private nonprofit institution located in Winona Lake, Indiana (town: distant), with a total reported enrollment of 1,464 students of which 1,890 are undergraduates. Institution-level records in the Integrated Postsecondary Education Data System (IPEDS) classify each school by Carnegie category, ownership sector, and urban/rural locale, which is how this profile’s peer group and cost cohort are determined. Grace College and Theological Seminary is categorized as “19” under the Carnegie classification system, a meaningful signal when comparing like-to-like institutions.

Selectivity and financial signals give context to what applicants can expect. The reported admission rate is 82.2%, drawn from the most recent IPEDS Fall enrollment survey, with an average SAT of 1,119 and an ACT midpoint of 23. The average net price after grants and scholarships is $19,932, with published in-state tuition of $31,200 and a Pell grant recipient share of 29.1%. Median federal student debt at graduation is $19,500, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. The 4-year completion rate is 69.4%, and the first-year retention rate is 77.4%. Graduates earn a median of $45,411 ten years after enrolling, compared with $41,463 six years post-enrollment. Within three years of entering repayment, 64300.0% of borrowers are making progress on their federal loans, and 62.1% of graduates earn above the high-school threshold. Treating these numbers as a single snapshot alongside the cost cohort is the standard approach for evaluating ROI under the College Scorecard methodology.

Quick Facts

1,464
Total enrollment
82.2%
Acceptance rate
1,119
SAT average
69.4%
4-yr graduation rate
$45,411
10-yr median earnings
77.4%
First-year retention

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

Costs & Financial Aid

Tuition & Net Price

In-State Tuition $31,200
Out-of-State Tuition $31,200
Average Net Price $19,932

Net Price by Family Income

$0 – $30,000 $10,998
$30,001 – $48,000 $12,459
$48,001 – $75,000 $17,103
Over $110,000 $26,884
29.1%
Pell Grant Rate
49.8%
Federal Loan Rate
$19,500
Median Debt
$207/mo
Monthly Payment

Student Demographics

White 80.3%
African American 3.1%
Hispanic or Latino 7.5%
Asian 1.4%
American Indian or Alaska Native 0.3%
Pacific Islander 0.3%
Two or More Ethnicities 2.3%
International 3.8%
62.9%
Female
28.1%
First Generation

Outcomes

69.4%
4-Year Completion Rate
77.4%
Retention Rate
$41,463
Median Earnings (6yr)
$45,411
Median Earnings (10yr)
62.1%
Earning Over $25K
64300.0%
Loan Repayment (3yr)

Programs & Earnings

Program Credential Completers Median Earnings Median Debt
Quality Control and Safety Technologies/Technicians Master's 0 $76,460
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
Pastoral Counseling and Specialized Ministries Master's 17 $43,966
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
Bible/Biblical Studies Master's 3 $38,289
Business/Commerce, General Bachelor's 0 $38,010
Teacher Education and Professional Development, Specific Subject Areas Bachelor's 7 $33,637
Communication and Media Studies Bachelor's 3 $29,875
Bible/Biblical Studies Bachelor's 23 $21,052

Frequently Asked Questions

What are the admissions statistics for 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. Total enrollment is 1,464 students.
How much do Grace College and Theological Seminary graduates earn?
Graduates of Grace College and Theological Seminary earn a median of $45,411 ten years after enrollment. Six years after enrollment, median earnings are $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 4-year completion rate of 69.4%. 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 graduates earn a median of $45,411 ten years after enrollment. That debt represents about 43% of first-year post-graduation earnings. 64300.0% of borrowers are repaying their loans within 3 years. Estimated monthly loan payment is $207.

Data Sources

Data as of 2024-25 academic year. Source: U.S. Department of Education College Scorecard.

Primary: U.S. Department of Education, College Scorecard. Data reflects most recent available year.

Institutional characteristics: IPEDS (Integrated Postsecondary Education Data System) institutional characteristics file.

Earnings: Median earnings 6 and 10 years after enrollment, from U.S. Treasury tax records linked to federal student aid data.

Program data: Credential-level earnings from the College Scorecard Field of Study dataset.

All federal data sources used on this page

Earnings data sourced from IRS records via the U.S. Treasury–Department of Education matching used by the College Scorecard.