Grace College and Theological Seminary

Private, Four-years School Located in Winona Lake, IN

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How much is the Grace College and Theological Seminary tuition? For the academic year 2023-2024, Grace College and Theological Seminary's tuition & fees is $30,034.
With indirect costs not billed by school, such as room & boards and personal living expenses, the total cost of attendance for one academic year is $42,310 when a student lives on-campus.

Grace College and Theological Seminary Tuition & Expenses

2022-2023 Rate
Tuition & Fees$30,034
Books & Supplies Costs$1,000
On-campus Room & Board$10,276
On-campus Expenses$1,000
Off-campus Room & Board$8,000
Off-campus Expenses$3,200
2023-2024 Estimates
Tuition & Fees$36,018

How Much Does it Cost to Go to Grace College and Theological Seminary for 4 Years?

For the class of 2027, who entering colleges in 2023, the 4 years tuition & fees is $141,084 at Grace College and Theological Seminary. The estimated tuition rate is based on the changes over last 5 years. With room & board, books, and other personal expenses, the estimated 4 years costs of attendance is $189,356. After receiving financial aid including grants, scholarships, and/or student loans, the 4 years COA is down to $103,406.
The following table computes the 4 years tuition and COA by class of year.
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2023-24)$31,996$43,581$24,088
Sophomore (2024-25)$34,087$45,988$25,222
Junior (2025-26)$36,314$48,540$26,417
Senior (2026-27)$38,687$51,247$27,679
4 Years Total$141,084$189,356$103,406
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2024-25)$34,087$45,988$25,222
Sophomore (2025-26)$36,314$48,540$26,417
Junior (2026-27)$38,687$51,247$27,679
Senior (2027-28)$41,214$54,118$29,010
4 Years Total$150,302$199,893$108,327
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2025-26)$36,314$48,540$26,417
Sophomore (2026-27)$38,687$51,247$27,679
Junior (2027-28)$41,214$54,118$29,010
Senior (2028-29)$43,907$57,164$30,415
4 Years Total$160,123$211,069$113,521
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2026-27)$38,687$51,247$27,679
Sophomore (2027-28)$41,214$54,118$29,010
Junior (2028-29)$43,907$57,164$30,415
Senior (2029-30)$46,776$60,395$31,898
4 Years Total$170,585$222,923$119,002
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2027-28)$41,214$54,118$29,010
Sophomore (2028-29)$43,907$57,164$30,415
Junior (2029-30)$46,776$60,395$31,898
Senior (2030-31)$49,832$63,823$33,465
4 Years Total$181,730$235,499$124,788

Average Tuition By School Type and Comparison

Compared to four-years schools nationwide, Grace College and Theological Seminary' tuition is higher than the average tuition of $20,875. Compared to private, four-years colleges in Indiana, its tuition is slightly higher than the average tuition of $22,132.
In-StateOut-of-State
Grace College and Theological Seminary$30,034
U.S. Four-years Colleges$18,570
Public Schools$7,197$12,949
Private Schools$20,875
Indiana Four-years Colleges$20,114
Public Schools$6,757$15,202
Private Schools$22,132

Compare Similar School's Tuition

The next table compares the tuition & fees between Grace College and Theological Seminary and similar schools. The similar colleges are selected by school type & level (private, four-years), ranking, and comparison frequency by our users. The comparison is based on 2022-2023 tuition rate.
LocationUndergraduateGraduate
Grace College and Theological SeminaryWinona Lake, IN$30,034$8,112
Anderson UniversityAnderson, IN$35,640$10,204
Marian UniversityIndianapolis, IN$39,100$20,569
University of IndianapolisIndianapolis, IN$36,136$42,478
Calumet College of Saint JosephWhiting, IN$22,650$22,100

Financial Aid and COA

At Grace College and Theological Seminary, 1,341 students (84%) received grant or scholarship from the federal government, state or local government, the institution, and other sources. The average amount of grant/scholarship received is $18,297.
After receiving financial aid, the cost of attendance (COA) at Grace College and Theological Seminary is $24,013 for students living on-campus and $23,937 for students living off-campus.
For beginning students (i.e. first-time freshmen), 414 students received any type of financial aid including grants/scholarship and student loans. The average amount of grant/scholarship for the first-time students is $21,252 and the average amount of student loans is $6,586.
The financial aid data is based on 2021-2022 statistics from IPEDS.
COA (on-campus)$42,310
COA (off-campus)$42,234
Tuition & Fees$30,034
Indirect Costs (on-campus)$12,276
Indirect Costs (off-campus)$12,200
COA (on-campus) after Receiving Aid$24,013
COA (off-campus) after Receiving Aid$23,937
Average Financial Aid$18,297
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Grant or Scholarship1,34184%$18,297
Pell Grants48230%$5,069
Federal Student Loan82251%$6,299
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Financial Aid41495%-
Grants or Scholarships40793%$21,252
Federal Grants16137%$5,943
Pell Grants16037%$5,429
Other Federal Grants9321%$948
State/Local Grants15435%$7,597
Institutional Grants40392%$16,186
Student Loan Aid26260%$6,586
Federal Student Loans26260%$5,366
Other Student Loans286%$11,418

Admission Stats and Requirements to Apply

Grace College and Theological Seminary's acceptance rate is 83.16%. A total of 4,152 applicants applied to and 3,453 students were accepted. Of the admitted students, 437 enrolled finally, and the yield (i.e. enrollment rate) is 12.66%.
To apply to Grace College and Theological Seminary, 5 items are required - Secondary school GPA, Secondary school rank, Secondary school record, Recommendations and TOEFL (Test of English as a Foreign Language). SAT and ACT scores are considered during the admissions process but are not required to be submitted.
TotalMenWomen
Applicants4,1521,223$2,929
Admitted3,453913$2,540
Enrolled437149$288
Acceptance Rate83.16%74.65%86.72%
Yield (Enrollment Rate)12.66%16.32%11.34%
Secondary school GPARequired
Secondary school rankRequired
Secondary school recordRequired
Completion of college-preparatory programNeither Required Nor Recommended
RecommendationsRequired
Formal demonstration of competenciesNeither Required Nor Recommended
Admission test scoresConsidered But Not Required
TOEFL (Test of English as a Foreign Language)Required
Other Test (Wonderlic, WISC-III, etc.)Neither Required Nor Recommended

SAT and ACT Scores

The SAT and ACT scores are considered but not required to apply to Grace College and Theological Seminary. The average SAT score of the enrolled first-time students is 1,105 and the average ACT score (ACT composite) is 23.
Its SAT score is slightly lower than the national average score of 1,174. The ACT score is similar to the national average score of 25.
Average25th75th
SAT Total1,1059901,220
National Average1,174
Indiana Average1,152
SAT EBRW560500620
SAT Math545490600
ACT Composite231927
National Average25
Indiana Average25
ACT Math221825
ACT English231827

Student Population

Grace College and Theological Seminary has a total of 2,065 students including 1,709 undergraduate and 356 graduate students. By gender, there are 782 male students and 1,137 female students attending Grace College and Theological Seminary. The school offers online degree programs and 339 students enrolled online exclusively (16.42% of all students).
TotalMaleFemale
Total1,919 7821,137
Undergraduate1,598 609989
Graduate321 173148

Directory & Academic Information

Directory Information
Address1 Lancer Way, Winona Lake, IN
Phone574-372-5100
WEBwww.grace.edu/
Degree & Programs
DegreeUndergraduate, Graduate
Program Offered109 Programs
Online Program Offered6 Online Programs
Graduate Program Offered23 Graduate Programs
Academic Stats
Acceptance Rate81.00%
Yield13.99%
Student Population2,065
Graduation Rate66%
Retention Rate79%
Students to Faculty Ratio Rate18 to 1
Faculty & Staffs
Number of Faculties49 (Full-time), 85 (Part-time)
Number of Staffs162 (Full-time), 145 (Part-time)
Average Faculty Salary$67,598
Average Staff Salary$48,914