Grace College and Theological Seminary
Winona Lake, IN200 Seminary Dr, Winona Lake, IN 46590-1274
574-372-5100
Grace College and Theological Seminary is an accredited, non-profit institution of higher education located in Winona Lake, Indiana. The school was founded in 1937 by Dr. William M. Reynolds, a pastor and educator. Grace College offers more than 50 undergraduate majors and graduate programs in business, education, ministry, and the liberal arts. The seminary offers degrees at the master's and doctoral levels. The school's mission is to provide "a Christ-centered higher education experience that develops students in their love for God, in their love for others, and in their love for learning."
Grace College is accredited by the Higher Learning Commission and is a member of the North Central Association of Colleges and Schools. The seminary is accredited by the Association of Theological Schools in the United States and Canada.
The school's campus is located on 200 acres (81 hectares) of land in the town of Winona Lake. The campus includes academic buildings, residence halls, a dining hall, a library, a student center, and athletic facilities.
The school's academic programs are divided into five colleges: the College of Arts and Sciences, the School of Business, the School of Education, the School of Ministry, and the Graduate School.
The College of Arts and Sciences offers degrees in the liberal arts and sciences, including programs in English, history, psychology, and sociology.
The School of Business offers degrees in business administration, accounting, and marketing.
The School of Education offers degrees in elementary education, special education, and educational leadership.
The School of Ministry offers degrees in pastoral ministry, youth ministry, and church music.
The Graduate School offers master's degrees in business administration, education, and ministry, as well as doctoral degrees in educational leadership and ministry.
Grace College and Theological Seminary is committed to providing a Christ-centered education that equips students for lives of service and leadership in the church and the world.
Quick Facts
Enrollment: 1901
Acceptance Rate: 74.65%
Type: Private not-for-profit, 4-year or above
Main Website: https://www.grace.edu/
Financial Aid: https://www.grace.edu/admissions/undergraduate-admissions/financial-aid-scholarships
Annual Costs
Total Cost In-State On-Campus: $35132
Total Cost Out-State On-Campus: $35132
Return on Investment Rating
The estimated cost for four years as an undergraduate at Grace College and Theological Seminary is $130935.64. This includes the average cost of attendance for four years plus the interest on the average loan over a ten year repayment minus the average of grants and scholarships per student.
We then contrast this figure with average early-career and mid-career average incomes of graduates of four year programs at Grace College and Theological Seminary. For graduates of Grace College and Theological Seminary, we saw an average early-career income of $47500.00 and mid-career income of $80100.00. We then ranked the school's value based on how many years of mid-career income it takes to repay the educational costs.