Grace College and Theological Seminary
Winona Lake, Indiana · Website
$45,411
median earnings, 10 years after starting
$45,411
median earnings, 10 years after starting
Grace College and Theological Seminary is a private nonprofit 4-year college in Winona Lake, Indiana with 1,464 undergraduates and 509 graduate students. Its average net price after grants is $19,932 a year (tuition and fees $31,200). It admits 82% of applicants and 69% of students finish within 6 years. Former students earn a median $45,411 a year 10 years after they started, and graduates leave with a median $19,500 in federal student loans.
Updated Oct 10, 2026 · June 2026 data
Net price
$19,932
US median $17,138
Tuition and fees
$31,200
US median $11,837
Admission rate
82%
US median 78%
Completion rate
69%
Within 6 years, US 58%
Median debt
$19,500
About $207 a month
Earnings at 10 years
$45,411
Rank 1,946 of 5,094 in the US
Cost
What a year costs: posted prices and the average after grants
Net price by family income
Average yearly cost after grants, for students who get aid
- Net price
- $19,932
- Tuition and fees
- $31,200
- Cost of attendance
- $41,838
- Students with a need-based grant
- 29%
- Students with federal loans
- 50%
- Net price, family income under $30K
- $10,998
- Net price, family income $30K to $48K
- $12,459
- Net price, family income $48K to $75K
- $17,103
- Net price, family income $75K to $110K
- $22,963
- Net price, family income over $110K
- $26,884
Net price is what students who get aid pay on average after grants.
Tuition and net price by year
School years 2015-16 to 2024-25. The year on the chart is the year the school year starts.
Yearly cost
Tuition and fees went from $22,450 in 2015-16 to $31,200 in 2024-25.
Admission, completion and retention
Share of applicants admitted, of students who finish and of first-year students who come back
Admission and students
- Admission rate
- 82%
- Average SAT
- 1,119
- SAT reading, middle
- 560
- SAT math, middle
- 545
- ACT, middle
- 23
- Undergraduates
- 1,464
- Graduate students
- 509
- Part-time students
- 1.5%
- Women
- 59%
- Students per teacher
- 23
- Completion rate
- 69%
- Retention rate
- 77%
- Highest degree
- Graduate degree
- Programs
- 80
- Endowment
- $33.2M
- Other
- Religious affiliation
Earnings and debt
Compared with the medians of the colleges of its state, of colleges of the same kind and of all US colleges
Median earnings 10 years after starting rank 1,946 of 5,094 US colleges and 59 of 126 in Indiana (1 = highest).
| Measure | College | IN median | Same kind | US median |
|---|---|---|---|---|
| Net price | $19,932 | $19,432 | $22,320 | $17,138 |
| Tuition in-state | $31,200 | $10,090 | $31,170 | $11,837 |
| Admission rate | 82% | 80% | 74% | 78% |
| Completion rate | 69% | 62% | 57% | 58% |
| Retention rate | 77% | 75% | 77% | 75% |
| Median debt | $19,500 | $16,666 | $24,287 | $13,271 |
| Earnings after 6 years | $41,463 | $36,186 | $44,392 | $35,656 |
| Earnings after 10 years | $45,411 | $43,603 | $52,928 | $40,813 |
Best-paid programs
Median earnings 1 year after graduation
Same kind: US private nonprofit 4-year colleges. Earnings and debt are medians of former students who received federal student aid. 80% of borrowers lowered their balance within 3 years. 72% earn more than a typical high school graduate 6 years after starting.
Programs
80 fields of study and credentials, with graduates, debt and earnings
| Field of study | Graduates | Median debt | Earnings 1 yr | Earnings 4 yr | US median 4 yr | |
|---|---|---|---|---|---|---|
| Business Administration, Management and OperationsMaster's | Master's | 47 | $25,203 | $54,982 | $66,779 | $103,485 |
| Psychology, GeneralBachelor's | Bachelor's | 34 | $20,500 | $27,357 | $44,424 | $50,706 |
| Business Administration, Management and OperationsBachelor's | Bachelor's | 30 | $18,097 | $62,251 | $66,597 | $68,257 |
| Sports, Kinesiology, and Physical Education/FitnessBachelor's | Bachelor's | 29 | $23,250 | $32,549 | $42,123 | $54,562 |
| Mental and Social Health Services and Allied ProfessionsOnlineMaster's | Master's | 25 | $55,130 | $46,139 | $55,598 | $59,571 |
| Liberal Arts and Sciences, General Studies and HumanitiesAssociate's | Associate's | 24 | Withheld | Withheld | Withheld | $44,125 |
| Teacher Education and Professional Development, Specific Levels and MethodsBachelor's | Bachelor's | 22 | $15,250 | $41,955 | $48,406 | $47,382 |
| Sports, Kinesiology, and Physical Education/FitnessMaster's | Master's | 22 | Withheld | Withheld | Withheld | $62,033 |
| Bible/Biblical StudiesBachelor's | Bachelor's | 20 | Withheld | Withheld | Withheld | $44,533 |
| Pastoral Counseling and Specialized MinistriesBachelor's | Bachelor's | 20 | $23,375 | $25,060 | $44,733 | $42,915 |
| Pastoral Counseling and Specialized MinistriesMaster's | Master's | 17 | Withheld | $43,966 | Withheld | $53,024 |
| Communication and Media StudiesBachelor's | Bachelor's | 16 | Withheld | Withheld | Withheld | $56,359 |
| Design and Applied ArtsBachelor's | Bachelor's | 14 | Withheld | Withheld | $51,338 | $51,490 |
| Accounting and Related ServicesBachelor's | Bachelor's | 13 | $19,500 | $55,997 | $65,541 | $76,194 |
| MarketingBachelor's | Bachelor's | 12 | $19,500 | $41,436 | $54,734 | $69,303 |
| Theological and Ministerial StudiesMaster's | Master's | 11 | Withheld | Withheld | Withheld | $61,300 |
| Health/Medical Preparatory ProgramsBachelor's | Bachelor's | 11 | Withheld | Withheld | Withheld | $61,911 |
| Clinical, Counseling and Applied PsychologyBachelor's | Bachelor's | 9 | $19,500 | Withheld | $39,291 | $50,523 |
| Human Services, GeneralOnlineBachelor's | Bachelor's | 8 | $13,772 | Withheld | $40,727 | $48,597 |
| Finance and Financial Management ServicesBachelor's | Bachelor's | 8 | Withheld | Withheld | Withheld | $83,343 |
| Special Education and TeachingBachelor's | Bachelor's | 6 | Withheld | Withheld | $50,212 | $50,499 |
| Teacher Education and Professional Development, Specific Subject AreasBachelor's | Bachelor's | 6 | Withheld | Withheld | Withheld | $51,389 |
| MusicBachelor's | Bachelor's | 6 | Withheld | Withheld | Withheld | $42,892 |
| Educational Administration and SupervisionOnlineMaster's | Master's | 5 | Withheld | Withheld | Withheld | $71,685 |
| HistoryBachelor's | Bachelor's | 5 | Withheld | Withheld | Withheld | $50,680 |
In the area
- Jobs, pay and new homes: the county of Winona Lake and Indiana on Local Economy
- More colleges: All colleges in Indiana
- Homes: Homes for sale in Indiana
Questions and answers
How much does Grace College and Theological Seminary cost?
$19,932 a year is the average net price at Grace College and Theological Seminary after grants and scholarships. Tuition and fees are $31,200, and the full cost of attendance with housing, food and books is $41,838. Families earning under $30,000 pay $10,998 on average.
What is the acceptance rate at Grace College and Theological Seminary?
82% of applicants are admitted to Grace College and Theological Seminary. The average SAT score of admitted students is 1,119 and the middle ACT score is 23. The median admission rate of colleges in Indiana is 80%.
How much do Grace College and Theological Seminary graduates earn?
$45,411 a year is the median pay of former Grace College and Theological Seminary students who work, 10 years after they started ($41,463 after 6 years). That ranks 1,946 of 5,094 US colleges and 59 of 126 in Indiana. Its best-paid program one year after graduation is Business Administration, Management and Operations (Bachelor's) at $62,251.
How much student debt do Grace College and Theological Seminary graduates have?
$19,500 is the median federal student loan debt of Grace College and Theological Seminary graduates, about $207 a month over 10 years. The median across US colleges is $13,271. 50% of undergraduates take out federal loans.
What is the graduation rate at Grace College and Theological Seminary?
69% of first-time, full-time students at Grace College and Theological Seminary finish within 6 years. 77% of first-year students come back for a second year. The median of private nonprofit 4-year colleges is 57%.
What are the most popular majors at Grace College and Theological Seminary?
Business Administration, Management and Operations (47 master's graduates), Psychology, General (34 bachelor's graduates), Business Administration, Management and Operations (30 bachelor's graduates) had the most graduates in the newest year, out of 80 programs.
Official public data, June 2026 release. Net price is for first-time, full-time students who get aid. Completion counts first-time, full-time students who finish within 150% of the normal time. Debt and earnings are medians of students who received federal student aid, measured a few years after they left, in the dollars of the year measured; earnings count former students who work and are not enrolled, including those who did not finish.