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Grace College and Theological Seminary : Overview, Courses, Scholarships & Rankings

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About Grace College and Theological Seminary

Set on the edge of Winona Lake, Grace College and Theological Seminary blends a faith-centered ethos with practical academics. The college has a reputation for a broad liberal arts core alongside strengths in the sciences, business, education, and the social sciences. Classes favor discussion and mentoring. Students tap a well-stocked library, hands-on labs, a modern fitness center, and services like tutoring, counseling, advising, and career coaching.

Life here feels close knit and outdoorsy. Kayaks skim the water, intramurals fill the fields, and concerts bring people together. The culture leans thoughtful, service minded, and open to honest questions. Career prep runs through internships and alumni connections across nearby healthcare, manufacturing, and nonprofit work; the on campus seminary adds depth, and the walkable village brings coffee, galleries, and community festivals into daily life.

Key Institutional Details

Contact & Profile

Location
1 Lancer Way, Winona Lake, Indiana, 46590, USA
Website
grace.edu
Unit ID
150677

Academic & Institutional

Control
Private non-profit institution (tuition + donations)
Accreditation
HLC
Length of Study
Programs under 2 years (e.g. certificate or diploma)
Calendar System
Semester system (two main terms per year)
Award Levels
Associate's
Bachelor's
Postbac Cert.
Master's
Doctorate (O)
Campus Setting
Located in a distant town (10-35 miles from urbanized area)
Carnegie Classification
Master's - Medium programs
Tuition & Fees
In-State
$28,942
Tuition $27,992 + Fee $950
Out-of-State
$28,942
Tuition $27,992 + Fee $950
Student Profile
Total Students 2,271
Undergraduate 1,511
Graduate/Other 760
Male: 957 Female: 1,314
Applications
Total Applicants 4,111
Admitted 3,321
Enrolled 452
Acceptance: 80.8% Yield: 13.6%
Staff
Total Staff 327
Full-time 177
Part-time 150
Full-time: 54.1% Part-time: 45.9%

Academic Programs & Fields of Study

Grace College and Theological Seminary offers 59 degree programs across 21 major academic fields, graduating approximately 538 students annually. The most popular fields by graduate volume are Business (12 programs, 176 graduates), Theology (9 programs, 74 graduates), Psychology (2 programs, 61 graduates), Education (7 programs, 46 graduates) and Kinesiology (3 programs, 43 graduates). Explore program details, award levels, and graduate demographics below.

Business (12 programs, 176 graduates)
Business Administration, Marketing and Entrepreneurship
Program Name Graduates Gender Distribution Award Levels CIP Code
Business Administration and Management 83
Bachelor's
Master's
52.0201
Accounting 25
Bachelor's
52.0301
Nonprofit and Organizational Management 20
Master's
52.0206
Marketing Management 14
Bachelor's
52.1401
Business Administration and Management 7
Bachelor's
52.0299
Entrepreneurship Studies 6
Bachelor's
52.0701
Finance, General 6
Bachelor's
52.0801
Meeting and Event Planning 6
Bachelor's
52.0907
Management Information Systems 4
Bachelor's
52.1201
Hospitality and Recreation Marketing 3
Bachelor's
52.1910
International Business and Trade 1
Bachelor's
52.1101
Actuarial Science 1
Bachelor's
52.1304
Theology (9 programs, 74 graduates)
Theological Studies, Ministry Preparation and Religious Leadership
Program Name Graduates Gender Distribution Award Levels CIP Code
Biblical Studies 16
Bachelor's
Master's
39.0201
Pastoral Counseling 16
Master's
39.0701
Lay Ministry 15
Bachelor's
Master's
39.0705
Theological Studies 7
Master's
39.0601
Missionary Studies 6
Bachelor's
Master's
Doctorate (O)
39.0301
Divinity and Ministry 5
Master's
Doctorate (O)
39.0602
Youth Ministry 5
Bachelor's
39.0702
Women's Ministry 3
Master's
39.0704
Urban Ministry 1
Bachelor's
39.0703
Psychology (2 programs, 61 graduates)
Psychological Sciences, Mental Health and Behavioral Studies
Program Name Graduates Gender Distribution Award Levels CIP Code
General Psychology 45
Bachelor's
42.0101
Applied Psychology 16
Bachelor's
42.2899
Education (7 programs, 46 graduates)
Educational Sciences, Teaching Methods and Pedagogy
Program Name Graduates Gender Distribution Award Levels CIP Code
Elementary Education 20
Bachelor's
13.1202
Higher Education Administration 7
Master's
13.0406
Special Education Teaching 7
Bachelor's
13.1001
Social Studies Teacher Education 5
Bachelor's
13.1318
English Language Arts Teacher Education 4
Bachelor's
13.1305
Spanish Language Teacher Education 2
Bachelor's
13.1330
Mathematics Teacher Education 1
Bachelor's
13.1311
Kinesiology (3 programs, 43 graduates)
Exercise Science, Sports Medicine and Physical Recreation
Program Name Graduates Gender Distribution Award Levels CIP Code
Sport and Fitness Management 33
Bachelor's
Master's
31.0504
Exercise Science and Kinesiology 6
Bachelor's
31.0505
Sports, Kinesiology, and Physical Education Fitness 4
Bachelor's
31.0599
Health (2 programs, 41 graduates)
Healthcare Professions, Medical Sciences and Clinical Practice
Program Name Graduates Gender Distribution Award Levels CIP Code
Mental Health Counseling 28
Master's
51.1508
Health and Medical Preparatory Programs 13
Bachelor's
51.1199
Liberal Arts (1 programs, 21 graduates)
Liberal Arts Education, General Studies and Humanities
Program Name Graduates Gender Distribution Award Levels CIP Code
Liberal Arts and Sciences 21
Associate's
24.0101
Communication (3 programs, 11 graduates)
Media Communications, Journalism and Public Relations
Program Name Graduates Gender Distribution Award Levels CIP Code
Communication and Media Studies 6
Bachelor's
09.0100
Digital Media and Multimedia 3
Bachelor's
09.0702
Journalism 2
Bachelor's
09.0401
Arts (4 programs, 11 graduates)
Fine Arts, Design Studies and Creative Performance
Program Name Graduates Gender Distribution Award Levels CIP Code
Graphic Design 6
Bachelor's
50.0409
Music 3
Bachelor's
50.0999
Photography 1
Bachelor's
50.0605
Environmental and Social Art 1
Bachelor's
50.1101
Security & Safety (1 programs, 10 graduates)
Emergency Management, Law Enforcement and Public Safety
Program Name Graduates Gender Distribution Award Levels CIP Code
Criminal Justice and Safety Studies 10
Bachelor's
43.0104

Admission Requirements & Test Scores

Comprehensive overview of admission criteria, standardized test score ranges, and application requirements for prospective students at Grace College and Theological Seminary.

Application Requirements

Secondary School GPA
Required
Secondary School Record
Required
Formal Demonstration of Competencies
Neither required nor recommended
English Proficiency Test (TOEFL)
Neither required nor recommended
Personal Statement or Essay
Required
Standardized Test Scores
SAT Scores
The SAT is a standardized college admission test measuring reading, writing, and math skills. Scores range from 400-1600 (combined Evidence-Based Reading & Writing + Math sections).
Composite Score Range
950 - 1200
25th-75th percentile
Evidence-Based Reading & Writing 480 - 600
Median: 550
Math 470 - 600
Median: 530
ACT Scores
The ACT is a standardized test for college admissions assessing English, math, reading, and science reasoning. Scores range from 1-36 (composite of all sections).
Composite Score Range
20 - 27
25th-75th percentile
English 20 - 30
Median: 23
Math 17 - 27
Median: 21

Data based on IPEDS for 2022-2023 academic year. Test score ranges represent the middle 50% of admitted students (25th-75th percentile). Requirements may vary by program.

Tuition, Fees & Estimated Costs

Overview of tuition rates, housing, and other annual education expenses for undergraduate and graduate students

Estimated Total Cost
(In-state)
$41,654
Estimated Total Cost
(Out-state)
$41,654
In-state Tuition (incl. fees)
$28,942
Tuition and fees for students residing in-state
Out-of-state Tuition (incl. fees)
$28,942
Tuition and fees for non-resident students
Room & Board
$10,712 (on) / $9,000 (off)
Housing and meal plan expenses
Books & Supplies
$1,000
Average yearly cost of books and study materials
Other Expenses
$1,000 (on) / $3,200 (off)
Miscellaneous personal and institutional expenses
Other Expenses (with family)
$2,800
Estimated cost for students living with family
Graduate In-state Tuition (incl. fees)
$8,112
Graduate tuition rates for in-state students
Graduate Out-of-state Tuition (incl. fees)
$8,112
Graduate tuition rates for non-resident students

Financial Aid & Student Support

Summary of scholarships, grants, student loans, and financial aid statistics for undergraduate students

26%
FTFT Aid Recipients
Avg. Grant
$18,966
Avg. Loan
$7,971
Avg. Federal Loan
$5,278
Additional
Students with Any Grant
428
Students who received any type of grant aid
Students with Any Loan
284
Students who received any type of loan-based aid
Students with Federal Grant
149
Students who received a federal grant
Avg. Institutional Grant
$14,842
Average amount of institutional grant awarded

Student Success Metrics

Graduation rates and post-graduation earnings to help assess student outcomes and long-term value of education.

70%
Graduation Rate
Percentage of students who successfully graduate from the institution
80%
First-Year Retention Rate
Percentage of first-year students who continue for a second year
Median Earnings Over Time
$30,731 – $64,018
Salary Range (25th–75th Percentile, 10 Years)
$30,731 (25th %) $64,018 (75th %)
*Median Salary After 10 Years: $45,411
Median Salary After 6 Years
$41,463
Average annual earnings of former students six years after starting college.
Median Salary After 10 Years
$45,411
Average annual earnings of former students ten years after starting college.

Loan Burden & Repayment Outcomes

Breakdown of loan repayment rates and student debt levels by income and dependency status.

3-Year Loan Repayment Rate
79.8%
Share of borrowers who repaid loans within 3 years
Repayment Rate (Graduates Only)
84.7%
Repayment rate among students who completed their program
Median Student Loan Debt
$19,500
Median federal loan debt of undergraduate completers at time of graduation.
Repayment by Income
Low 70.7%
Middle 80.8%
High 84.8%
Repayment by Dependency
Dependent 81.9%
Independent 68.0%

Frequently Asked Questions

Find answers to the most common questions about Grace College and Theological Seminary

How much does it cost to attend Grace College and Theological Seminary?

The annual tuition at Grace College and Theological Seminary is $28,942 for in-state students. When including room and board, books, and other expenses, the total estimated cost is approximately $41,654 for in-state students. Additional costs include room and board $10,712 (on) / $9,000 (off) and books and supplies $1,000.

Data based on IPEDS program completions for 2022-2023 academic year. Tuition and cost estimates are approximate and may not include all fees, personal expenses, or transportation costs.

What academic programs and degree levels does Grace College and Theological Seminary offer?

Grace College and Theological Seminary offers 59 academic programs across 21 major fields of study, with available degree levels: Associate's, Bachelor's, Postbac Cert., Master's, Doctorate (Other).

Most popular program areas include:

  • Business Administration, Marketing and Entrepreneurship (12 programs)
  • Theological Studies, Ministry Preparation and Religious Leadership (9 programs)
  • Psychological Sciences, Mental Health and Behavioral Studies (2 programs)
  • Educational Sciences, Teaching Methods and Pedagogy (7 programs)
  • Exercise Science, Sports Medicine and Physical Recreation (3 programs)

Data based on IPEDS program completions for 2023-2024 academic year. Numbers reflect programs where students graduated, not all offered programs.

What is the acceptance rate for Grace College and Theological Seminary?

Grace College and Theological Seminary has an 80.8% acceptance rate and a 13.6% yield rate, making it moderately selective.

Admission statistics breakdown:

  • Total applicants: 4,111
  • Students admitted: 3,321
  • Students enrolled: 452

Data based on IPEDS for 2022-2023 academic year. Admission statistics may vary by program and application cycle.

What financial aid and scholarships are available at Grace College and Theological Seminary?

Grace College and Theological Seminary provides financial aid to 26% of first-time, full-time students, with average grants of $18,966 and average loans of $7,971.

Average financial aid amounts by type:

  • Pell grants: $5,015
  • State/Local grants: $7,195
  • Institutional grants: $14,842
  • Federal loans: $5,278

The university supports 428 students with grants and 284 students with loans annually.

Data based on IPEDS for 2022-2023 academic year. Financial aid amounts and percentages may vary by program, enrollment status, and individual circumstances.

What is the average salary for Grace College and Theological Seminary graduates?

Grace College and Theological Seminary graduates earn a median salary of $41,463 after 6 years and $45,411 after 10 years.

The salary range 10 years after graduation spans from $30,731 (25th percentile) to $64,018 (75th percentile), with top earners reaching $68,200 (90th percentile).

Data based on IPEDS for 2022-2023 academic year. Salary data reflects graduates who received federal financial aid (approximately 60% of all graduates). Actual earnings may vary significantly based on program, location, and individual circumstances.

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