More selective than 44% of Indiana colleges we cover.
College Scorecard, Fall 2024 entering class
Average after grants for all families receiving federal aid. Pick your income above.
Sticker price $41,838. College Scorecard.
Higher than 75% of Indiana colleges we cover and 77% of colleges nationwide. U.S. median 54%.
Within 6 years · College Scorecard
Higher than 15% of Indiana colleges we cover and 27% of colleges nationwide. U.S. median $53,263.
Median, 10 years after starting · College Scorecard
Grace College and Theological Seminary acceptance rate & admissions
Of 4,111 applicants, Grace College and Theological Seminary admitted 3,321 and 452 enrolled (IPEDS, Fall 2023 entering class). The middle half of enrolled first-year students scored 1000–1200 on the SAT or 21–27 on the ACT.
IPEDS Admissions, Fall 2023 entering class
Test scores: College Scorecard, Fall 2024. Other figures: College Scorecard; IPEDS
Grace College and Theological Seminary tuition, cost & net price
What families actually pay per year, by income
Average net price after grants and scholarships for students who receive federal aid. Tap your income band.
College Scorecard, latest reported year (federal aid recipients)
Sticker price (before aid)
IPEDS 2023-24 cost items; total from College Scorecard
College Scorecard; Urban Institute Education Data Portal
What Grace College and Theological Seminary costs to finish, and how fast it pays back
Graduates of Grace College and Theological Seminary took 4.0 years on average to finish, so the yearly price adds up to the total below. Payback compares former students' earnings with what high school graduates earn in Indiana. The figures follow your residency and income choices above.
| Family income | Net price / yr | Cost to finish | Years to pay back |
|---|---|---|---|
| $0–30k | $10,998 | $44,212 | 4.5 years |
| $30–48k | $12,459 | $50,085 | 5.1 years |
| $48–75k | $17,103 | $68,754 | 7.0 years |
| $75–110k | $22,963 | $92,311 | 9.3 years |
| $110k+ | $26,884 | $108,074 | 10.9 years |
Cost to finish = yearly price × 4.0 years, the average time graduates took (68% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of former students 10 years after starting ($45,411) minus $35,534 for high school graduates ages 25-34 in IN (Census ACS 2020-2024), a gain of $9,877 a year. Before taxes, loan interest and earnings given up while in school. Method
College Scorecard (net price, earnings); IPEDS Graduation Rates (time to finish); U.S. Census Bureau ACS (high school earnings). Calculated by EducationGuide.
Grace College and Theological Seminary majors, earnings & careers
Grace College and Theological Seminary offers 57 bachelor's majors across 10 areas. Earnings below are for this school's graduates of each major, four years after finishing.
- Business & Finance · 12
- Humanities & Languages · 9
- Science & Math · 8
- Arts & Design · 6
- Social Sciences & Public Service · 6
- Communications & Media · 4
- Education · 4
- Health & Medicine · 3
- Technology & Computing · 3
- Engineering · 2
Highest-earning majors at Grace College and Theological Seminary
| Major | Earnings, 4 yrs | Median debt |
|---|---|---|
| Engineering Physics | $74,337 | — |
| Business Administration | $66,597 | $20,104 |
| Accounting | $65,541 | $19,500 |
| Marketing | $54,734 | $19,000 |
| Graphic / Interior / Fashion Design | $51,338 | — |
| Special Education | $50,212 | — |
| Education (Elementary / Secondary) | $48,406 | $15,250 |
| Pastoral Counseling / Ministry | $44,733 | $25,500 |
Quick list of all 57 majors
- Accounting$65,541
- Agricultural Business—
- Agricultural Production Operations—
- Allied Health (Imaging / Therapy / Tech)—
- Bible Studies—
- Biological and Physical Sciences—
- Biology—
- Broadcasting / Digital Media—
- Business—
- Business Administration$66,597
- Chemistry—
- Communications—
- Community / Environmental / Socially-Engaged Art—
- Computer Science—
- Criminal Justice$42,932
- Ecology and Evolutionary Biology—
- Education (Elementary / Secondary)$48,406
- Education (Subject Teaching)—
- Education, Other—
- Engineering Physics$74,337
- English—
- Entrepreneurship—
- Environmental Science / Conservation—
- Film and Photography—
- Finance—
- Graphic / Interior / Fashion Design$51,338
- History—
- Hospitality Management—
- Human Services$40,727
- Interdisciplinary Studies—
- International Business—
- Journalism—
- Kinesiology / Exercise Science$42,123
- Liberal Arts / General Studies—
- Linguistics—
- Management Information Systems—
- Management Science / Analytics—
- Marketing$54,734
- Mathematics—
- Mathematics and Computer Science—
- Mechanical Engineering—
- Missions / Missionary Studies and Missiology—
- Music—
- Pastoral Counseling / Ministry$44,733
- Political Science—
- Pre-Med / Pre-Health—
- Psychology$44,424
- Psychology (Clinical / Counseling)$39,291
- Public Relations and Advertising—
- Sociology—
- Software and Media Applications—
- Spanish / French / Romance Languages—
- Special Education$50,212
- Specialized Sales, Merchandising and Marketing Operations—
- Studio Art—
- Systems Science and Theory—
- Visual and Performing Arts—
— means too few graduates to report earnings.
College Scorecard field of study, latest release
All majors by area with earnings 1 and 4 years out, and debt →Business Administration → Management analyst
Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 10.1% from 2025 to 2035.
BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35
Marketing → Marketing specialist
Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 7.0% from 2025 to 2035.
BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35
Living in Winona Lake
2 bedrooms $1,162.
HUD Fair Market Rent, FY2027
January and July average highs. 41 inches of rain a year, 32 inches of snow.
NOAA Climate Normals 1991-2020
No hazard rated high.
FEMA National Risk Index, Kosciusko County
Campus & students
IPEDS fall enrollment; Carnegie Classification; EADA via Urban Institute
Kosciusko County at a glance
U.S. Census Bureau, ACS 5-year 2024
Compare Grace College and Theological Seminary with similar schools
Similar private colleges in Indiana by selectivity, graduation rate and size. Tap “Why?” to see where the price difference comes from.
| School | Acceptance | You'd pay | Graduation | Earnings, 10 yrs | Price gap |
|---|---|---|---|---|---|
| Grace College and Theological Seminary | 82% | $19,932 | 69% | $45,411 | This school |
| Hanover College | 84% | $21,829 | 67% | $53,957 | |
| Saint Mary's College | 76% | $25,292 | 69% | $59,354 | |
| University of Evansville | 78% | $18,499 | 64% | $53,770 | |
| Oakland City University | 83% | $15,210 | 66% | $43,283 |
College Scorecard, latest reported year. “You'd pay” follows your residency and income choices above.
Why the price is different
Grace College and Theological Seminary would cost you $1,897 less per year than Hanover College, on average.
- Lower sticker price at Grace College and Theological Seminary, mostly from lower tuition & fees (−$13,438).
- Hanover College gives aided families $15,086 more in grants, on average.
| Per year, Indiana resident | Grace College and Theological Seminary | Hanover College | Difference |
|---|---|---|---|
| Tuition & fees | $31,200 | $44,638 | −$13,438 |
| Books & supplies | $1,000 | $1,200 | −$200 |
| Housing & meals | $10,712 | $13,558 | −$2,846 |
| Personal & travel | $1,000 | $1,500 | −$500 |
| Living-at-home adjustment | −$2,074 | −$2,075 | +$1 |
| Sticker price | $41,838 | $58,821 | −$16,983 |
| Average grants | −$21,906 | −$36,992 | +$15,086 |
| You pay | $19,932 | $21,829 | −$1,897 |
“+” means Grace College and Theological Seminary costs more; “−” means it costs less. Grants are the sticker price minus the net price. Cost items: IPEDS, on-campus budget. Sticker and net price: College Scorecard, latest reported year; the adjustment reconciles the two. Net price is an average for first-time, full-time students receiving federal aid, not a quote.
Common questions about Grace College and Theological Seminary
What is the Grace College and Theological Seminary acceptance rate?
Grace College and Theological Seminary accepts 82% of applicants (College Scorecard). In the latest IPEDS admissions year, 3,321 of 4,111 applicants were admitted. The middle half of enrolled first-year students scored 1000–1200 on the SAT or 21–27 on the ACT.
How much does Grace College and Theological Seminary cost per year?
The sticker price (cost of attendance) is $41,838 a year. After grants and scholarships, students receiving federal aid pay $19,932 a year on average; families earning $0–30k pay $10,998 and families earning $110k+ pay $26,884.
How much do Grace College and Theological Seminary graduates earn?
Former Grace College and Theological Seminary students earn a median $45,411 ten years after starting college, compared with a U.S. median of $53,263 across the colleges we cover.
What is the Grace College and Theological Seminary graduation rate?
69% of first-time, full-time students graduate within six years, and 77% return for their second year.
How long does a Grace College and Theological Seminary degree take to pay off?
For a family earning $48–75k, finishing at Grace College and Theological Seminary costs about $68,754 after grants ($17,103 a year for 4.0 years, the average time graduates took). Former students earn a median $45,411 ten years after starting, $9,877 more than high school graduates in Indiana ($35,534), so the cost is repaid in 7.0 years of that gain, before taxes and interest (EducationGuide calculation).
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Sources on this page: U.S. Department of Education College Scorecard and IPEDS; U.S. Census Bureau (ACS); Bureau of Labor Statistics (OEWS, Employment Projections); Bureau of Economic Analysis; HUD; NOAA; FEMA; Urban Institute Education Data Portal (ODC-By); Wikidata. “Colleges we cover” means colleges awarding bachelor's degrees to at least 100 undergraduates. Averages are not quotes; confirm costs with the school. How we score
Data: download this school's data (JSON) · Markdown · all datasets
Cite this: “Grace College and Theological Seminary: cost, admissions and outcomes,” EducationGuide.com, https://educationguide.com/colleges/grace-college-and-theological-seminary (College Scorecard and IPEDS data).