Grace College and Theological Seminary — acceptance rate 81%, tuition $27,992
ℹ️
Rating Context:⚠️ Limited Data Available. Some metrics for this institution are incomplete or unavailable, which may affect the overall grade. Consider researching this school directly for the most current information.
Suggested Focus: For this type of institution, we recommend prioritizing the
Outcomes Score (B+)
which measures graduation and job placement rates — the most relevant metrics for career programs.
Graduation Rate: 70%
Outcomes
B+
79/100
Affordability
F
25/100
Resources
D
41/100
Experience
B+
78/100
Prestige
D
39/100
Two ratings: the overall grade compares colleges the conventional way (outcomes, cost, resources, experience, reputation). The Outcome Rating asks what students earn: 60% wage-adjusted earnings 10 years after enrolling, 25% graduation, 15% retention. Methodology
Quick Stats
2,271
Total Enrollment
70%
Graduation Rate
80%
Retention Rate
23.0:1
Student-Faculty Ratio
81%
Acceptance Rate
N/A
Avg Net Price
Earnings, Debt & Completion
What happens to students who enroll at Grace College and Theological Seminary, from the U.S. Department of Education’s College Scorecard.
$45,411
Median earnings 10 yrs after entry
$41,463
Median earnings 6 yrs after entry
$19,500
Median debt at graduation
68.8%
Completion rate (within 150% of normal time)
1,119
Average SAT
23
Median ACT
29.1%
Students receiving Pell grants
Typical debt at graduation equals about 43% of one year’s median earnings ten years after entry.
Earnings rank: 25th percentile among bachelor’s-degree-focused colleges after a partial adjustment for local wage levels (IN wage index 0.87). This drives the Outcome Rating.
Source: U.S. Department of Education College Scorecard, retrieved Oct 2026. Earnings are for federally aided students who enrolled, whether or not they graduated.
Earnings by Major at Grace College and Theological Seminary
Median pay of bachelor's degree graduates by field of study, and how each program ranks against every college reporting that major — by raw pay and adjusted for state wage levels. Same school, very different paychecks.
Source: U.S. Department of Education College Scorecard, field-of-study data. Earnings are for graduates who received federal aid and were working; small programs are not reported.
For parents & investors
The Grace College and Theological Seminary Town Property Report
Avg home value near campus: $311,773
Avg rent near campus: $1,241/mo — vs ~$611/mo campus room rate
Top nearby ZIP by cap rate: 46582 (4.6% cap, Warsaw)
Get the free 1-page report: rent-vs-dorm math, the 3 best nearby ZIPs by yield,
and the “kiddie condo” strategy parents use.
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Costs & Financial Aid
Tuition & Fees
Category
In-State
Out-of-State
Tuition
$27,992
$27,992
Room
$5,502
Board
$5,210
Total Cost (On-Campus)
$42,746
$42,746
Financial Aid
96%
Receive Any Aid
33%
Receive Pell Grants
64%
Take Out Loans
N/A
Avg Net Price
Programs & Career Paths
Top Degree Programs
Programs ranked by number of degrees awarded annually.
What is the acceptance rate at Grace College and Theological Seminary?
Grace College and Theological Seminary has an acceptance rate of 81%.
This indicates a less selective admissions process with good chances for qualified applicants.
How much does it cost to attend Grace College and Theological Seminary?
Tuition at Grace College and Theological Seminary is
$27,992 for in-state students
and $27,992 for out-of-state students
.
What is the graduation rate at Grace College and Theological Seminary?
The graduation rate at Grace College and Theological Seminary is 70%.
This is a solid graduation rate, showing that most students who enroll successfully complete their degrees.
Is Grace College and Theological Seminary a good school?
Grace College and Theological Seminary has a Repit College Score of 52/100 (Grade: C).
Our rating evaluates five key factors:
Outcomes (B+): Graduation and retention rates
Affordability (F): Net cost and financial aid access
Resources (D): Class sizes and selectivity
Experience (B+): Campus life and learning format
Prestige (D): Reputation and recognition
Note: As a smaller institution, we recommend focusing on the Outcomes score when evaluating this school.
How many students attend Grace College and Theological Seminary?
Grace College and Theological Seminary has a total enrollment of 2,271 students.
Most students (83%) are traditional college-age (18-24).
Deciding between a dorm and buying near campus? Run the numbers for Grace College and Theological Seminary — four years of dorm costs vs. owning, including what you’d recover at resale. Buy vs Dorm calculator →
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