Grace College and Theological Seminary
Winona Lake, Indiana · Private nonprofit · 4-year · Town
Official websiteAt a glance
- Average net price
- $19,932What students typically pay per year after grants and scholarships.
- Acceptance rate
- 82%
- Graduation rate
- 69%Share of students who finish within 150% of the normal time.
- Undergraduates
- 1,464
- In-state tuition
- $31,200Published price before aid.
- Out-of-state tuition
- $31,200
- SAT midpoint
- 1,105
- Median earnings, 10 yrs
- $45,411Median earnings of former students ten years after they first enrolled.
Source: U.S. Department of Education College Scorecard. Data year: 2022-23 academic year. Updated September 2026. Figures are averages across all students and will differ from what any individual pays.
How it compares to similar colleges
Each rating covers one measure against private nonprofit 4-year colleges nationally. Five stars means the top fifth on that measure. There is no overall score, because which of these matters is your call.
Affordability
$19,9324/5
Better than 67% of private nonprofit 4-year colleges (1092 compared).
Completion
69%4/5
Better than 74% of private nonprofit 4-year colleges (1063 compared).
Earnings
$45,4112/5
Better than 24% of private nonprofit 4-year colleges (1087 compared).
Debt at graduation
$19,5005/5
Better than 84% of private nonprofit 4-year colleges (1020 compared).
What these ratings are based on
- Affordability
- Based on average net price: what students receiving federal aid actually paid, after grants and scholarships. Your own cost depends on your family's finances.
- Completion
- Based on the share of first-time, full-time students who graduate within 150% of normal time. It excludes transfer and part-time students, which understates colleges serving many of them.
- Earnings
- Based on median earnings ten years after students first enrolled. It reflects the subjects a college teaches and the region it sits in as much as its teaching.
- Debt at graduation
- Based on median federal loan debt among students who completed. Private and parent loans are not included, so real totals are often higher.
- Why there is no rating for selectivity
- A lower acceptance rate is selectivity, not quality. Awarding stars for it would be us inventing a value judgement and hiding it behind a number.
What it actually costs
Published cost
$41,838
The sticker price: tuition, fees, housing, food and books for one academic year, before any aid.
Average net price
$19,932
What students receiving federal aid actually paid on average, after grants and scholarships. This is the more useful number, though your own figure depends on your family’s finances.
Outcomes
| Graduation rateWithin 150% of normal time | 69% |
|---|---|
| Retention rateFirst-year students who return | 77% |
| Median debt at graduationFederal loans only, students who completed | $19,500 |
| Median earnings, 10 years after entryFormer students, working and not enrolled | $45,411 |
What graduates of each major earn
Median earnings one year after finishing, for people who took that subject here. This is the figure a college-wide median hides: the spread between subjects at one college is usually far wider than the spread between colleges.
| Major | Earnings, 1 yr | Degrees awarded |
|---|---|---|
| Business Administration, Management and Operations | $62,251 | 30 |
| Accounting and Related Services | $55,997 | 13 |
| Teacher Education and Professional Development, Specific Levels and Methods | $41,955 | 22 |
| Marketing | $41,436 | 12 |
| Sports, Kinesiology, and Physical Education/Fitness | $32,549 | 29 |
| Criminal Justice and Corrections | $32,381 | 2 |
| Psychology, General | $27,357 | 34 |
| Pastoral Counseling and Specialized Ministries | $25,060 | 20 |
| Bible/Biblical Studies | Not reported | 20 |
| Communication and Media Studies | Not reported | 16 |
| Design and Applied Arts | Not reported | 14 |
| Health/Medical Preparatory Programs | Not reported | 11 |
| Clinical, Counseling and Applied Psychology | Not reported | 9 |
| Finance and Financial Management Services | Not reported | 8 |
| Human Services, General | Not reported | 8 |
| Teacher Education and Professional Development, Specific Subject Areas | Not reported | 6 |
| Music | Not reported | 6 |
| Special Education and Teaching | Not reported | 6 |
| History | Not reported | 5 |
| Agricultural Business and Management | Not reported | 4 |
| Visual and Performing Arts, General | Not reported | 4 |
| Natural Resources Conservation and Research | Not reported | 4 |
| English Language and Literature, General | Not reported | 4 |
| International Business | Not reported | 3 |
| Romance Languages, Literatures, and Linguistics | Not reported | 3 |
| Mechanical Engineering | Not reported | 3 |
| Biology, General | Not reported | 3 |
| Entrepreneurial and Small Business Operations | Not reported | 2 |
| Journalism | Not reported | 2 |
| Fine and Studio Arts | Not reported | 2 |
| Management Sciences and Quantitative Methods | Not reported | 2 |
| Management Information Systems and Services | Not reported | 1 |
| Allied Health Diagnostic, Intervention, and Treatment Professions | Not reported | 1 |
| Hospitality Administration/Management | Not reported | 1 |
| Sociology | Not reported | 1 |
| Radio, Television, and Digital Communication | Not reported | 1 |
| Film/Video and Photographic Arts | Not reported | 1 |
| Political Science and Government | Not reported | 1 |
| Chemistry | Not reported | 1 |
| Multi-/Interdisciplinary Studies, General | Not reported | 1 |
| Linguistic, Comparative, and Related Language Studies and Services | Not reported | Not reported |
| Agricultural Production Operations | Not reported | Not reported |
| Education, Other | Not reported | Not reported |
| Public Relations, Advertising, and Applied Communication | Not reported | Not reported |
| Ecology, Evolution, Systematics, and Population Biology | Not reported | Not reported |
| Computer Science | Not reported | Not reported |
| Business/Commerce, General | Not reported | Not reported |
| Community/Environmental/Socially-Engaged Art | Not reported | Not reported |
| Systems Science and Theory | Not reported | Not reported |
| Mathematics and Computer Science | Not reported | Not reported |
| Liberal Arts and Sciences, General Studies and Humanities | Not reported | Not reported |
| Specialized Sales, Merchandising and Marketing Operations | Not reported | Not reported |
| Mathematics | Not reported | Not reported |
| Computer Software and Media Applications | Not reported | Not reported |
| Engineering Physics | Not reported | Not reported |
| Biological and Physical Sciences | Not reported | Not reported |
| Missions/Missionary Studies and Missiology | Not reported | Not reported |
All 57 bachelor’s programs this college reported.
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