Grace College and Theological Seminary
Winona Lake, IN · Private Nonprofit
*Net price for families earning $48k–$75k. See all income brackets →
What is Grace College and Theological Seminary's acceptance rate?
Down 1 percentage points since 2018
With a 80.8% acceptance rate, Grace College and Theological Seminary is considered accessible. The school has become increasingly competitive over the past five years. Applicants should focus on demonstrating strong academics, meaningful extracurriculars, and authentic personal essays to stand out in the applicant pool.
How many students apply to Grace College and Theological Seminary?
Grace College and Theological Seminary received 4,111 applications in 2023, up 10% since 2018. High application volume means admissions officers spend limited time per application—typically 8-15 minutes. Make every word count in your essays and ensure your application materials are error-free.
How many admitted students enroll?
The yield rate of 14% is typical for a school of this caliber. Yield rate measures how many admitted students actually enroll—a key indicator of how desirable students find the school. Demonstrating genuine interest through campus visits, attending info sessions, and writing specific "Why Us" essays can improve your chances.
What are the most popular majors at Grace College and Theological Seminary?
Psychology, General leads as the most popular major at Grace College and Theological Seminary. Your intended major can affect admission chances—some programs are more competitive than others. Research department-specific requirements, faculty research, and career outcomes when choosing your major. Consider how your academic interests align with the school's strengths.
How have majors changed over time?
Degrees awarded by major, 2015-2023
How has tuition changed at Grace College and Theological Seminary?
Tuition has increased by 14% since 2015. Total cost of attendance (including fees and room & board) has grown 21% from $30,744 to $37,260.
How much do Grace College and Theological Seminary graduates earn by major?
Graduates in Accounting and Related Services earn among the highest salaries, with median earnings of $55,770 within two years of graduation. Earnings vary significantly by major—STEM and business fields typically offer higher starting salaries, while humanities and arts may have different career trajectories. Consider both passion and practical outcomes when choosing your field of study.
Grace College and Theological Seminary Admissions Statistics (2018-2023)
Each row shows the admissions cycle for that academic year. Applicants is the total number of students who applied for freshman admission. Admitted shows how many received acceptance letters. Rate is the acceptance rate (admitted ÷ applicants) — lower percentages indicate more selective schools. Yield measures the percentage of admitted students who actually enrolled — a high yield (above 50%) suggests the school is a top choice for admitted students, while lower yields indicate students often choose other options. SAT shows the 25th-75th percentile range, meaning the middle 50% of enrolled students scored within this range. Data is sourced from IPEDS, the federal database where all US colleges report annually.
| Year | Applicants | Admitted | Rate | Yield |
|---|---|---|---|---|
| 2023 | 4,111 | 3,321 | 80.8% | 13.6% |
| 2022 | 4,071 | 3,445 | 84.6% | 12.9% |
| 2021 | 4,152 | 3,453 | 83.2% | 12.7% |
| 2020 | 3,984 | 2,974 | 74.7% | 14.3% |
| 2019 | 2,149 | 1,717 | 79.9% | 21.1% |
| 2018 | 3,739 | 3,058 | 81.8% | 10.3% |
| 2017 | 3,969 | 3,258 | 82.1% | 10.7% |
| 2016 | 4,081 | 3,213 | 78.7% | 12.4% |
| 2015 | 3,789 | 2,932 | 77.4% | 12.1% |
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What do Grace College and Theological Seminary graduates earn?
Earnings vary widely: the bottom 10% earn $6,400 while the top 10% earn $68,200. Your outcome depends heavily on major, career path, and individual circumstances.
How much does Grace College and Theological Seminary cost?
The total cost of attendance at Grace College and Theological Seminary is approximately $37,260 per year. Remember: sticker price rarely equals actual cost. Most students receive financial aid, and net price varies significantly by family income. Use the school's Net Price Calculator for a personalized estimate before ruling out any option based on cost alone.
What You'll Actually Pay
Net price represents what families actually pay after grants and scholarships. The figures above are averages—your actual cost depends on family income, assets, and the school's aid policies. Many selective private schools are more affordable than public universities for middle and lower-income families due to generous institutional aid.
What are the top majors?
- 1 Psychology, General
- 2 Teacher Education and Professional Development, Specific Levels and Methods
- 3 Business Administration, Management and Operations
- 4 Bible/Biblical Studies
- 5 Communication and Media Studies
Which majors pay the most?
- Accounting and Related Services $55,770
- Business Administration, Management and Operations $43,240
- Teacher Education and Professional Development, Specific Levels and Methods $36,938
- Marketing $35,060
- Teacher Education and Professional Development, Specific Subject Areas $33,637
Who attends Grace College and Theological Seminary?
Grace College and Theological Seminary enrolls 2,271 students, with 4% from outside the United States. Women make up 58% of the student body. Campus diversity enriches the educational experience through varied perspectives and backgrounds. Consider how you'll contribute to and benefit from the campus community when crafting your application.
How much financial aid is available?
83% of students receive some form of financial aid at Grace College and Theological Seminary. About 29% receive Pell Grants, indicating support for low-income students. Apply for aid regardless of your family's income level—merit scholarships and institutional grants are available to students at various income levels. Never assume you won't qualify.
How much do professors earn?
Faculty salaries at Grace College and Theological Seminary are near the national average, reflecting the school's investment in attracting and retaining talented professors. Higher faculty compensation often correlates with stronger research programs, better student mentorship, and more resources for academic departments. Look for opportunities to engage with faculty through research, office hours, and smaller seminars.
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