by our College Data Analytics TeamGrace College and Theological Seminary is a private not-for-profit institution in Winona Lake, Indiana enrolling 1,464 undergraduates. It accepts 82% of applicants and has an on-time graduation rate of 69%, above the national average of 33%. College Factual ranks it #938 of 5,159 colleges nationwide in its 2027 Best Colleges ranking (top 18%), and its Value for Your Money analysis rates it a Fair Price.
Source: IPEDS 2025; College Scorecard July 2026; College Factual rankings 2027. Data as of: July 2026.
Grace College and Theological Seminary ranks #938 of 5,159 colleges nationwide in College Factual’s 2027 Best Colleges ranking, placing it in the top 18%.
College Factual recognizes the best colleges and universities in its annual rankings. These rankings include categories for best overall colleges, best colleges for each major, best value schools, and much more.
Grace College and Theological Seminary was awarded 20 badges in the 2027 rankings.
According to College Factual’s 2027 analysis, Grace College is ranked #938 out of 5,159 schools in the nation that were analyzed for overall quality. This puts it in the top 20% of all schools in the nation.
Within the state, Grace College holds the #22 spot on the Best Colleges in Indiana ranking.
See all of the rankings for Grace College and Theological Seminary.
Grace College and Theological Seminary has an acceptance rate of 82%, which makes it somewhat selective. Make sure it’s not the only school you apply to, even if it’s your school of choice. Whether you get in or not will largely depend on how you compare to other applicants.
About 96% of students accepted to Grace College submitted their SAT scores. When looking at the 25th through the 75th percentile, SAT Evidence-Based Reading and Writing scores ranged between 510 and 610. Math scores were between 490 and 590.
Grace College received ACT scores from 39% of accepted students. When looking at the 25th through the 75th percentile, ACT Composite scores ranged between 21 and 27.
Learn more about Grace College and Theological Seminary admissions.
At Grace College and Theological Seminary, the student to faculty ratio is 23 to 1. Compared to the national average of 15 to 1, this is somewhat high. This could mean that class sizes may be larger than they are at other colleges or universities or that professors may be required to teach more classes.
When estimating how much access students will have to their teachers, some people like to look at what percentage of faculty members are full time. This is because part-time teachers may not have as much time to spend on campus as their full-time counterparts.
The full-time faculty percentage at Grace College and Theological Seminary is 98%. This is higher than the national average of 47%.
The freshmen retention rate of 77% tells us that most first-year, full-time students like Grace College and Theological Seminary enough to come back for another year. This is a fair bit higher than the national average of 68%. That’s certainly something to check off in the good column about the school.
The on-time graduation rate for someone pursuing a bachelor’s degree is typically four years. This rate at Grace College for first-time, full-time students is 69%, which is better than the national average of 33.3%.
Find out more about the retention and graduation rates at Grace College and Theological Seminary.
During the most recent academic year, there were 1,464 undergraduates at Grace College.
Get more detailed information on the diversity at Grace College and Theological Seminary.
The average net price of Grace College is $17,140. The affordability of the school largely depends on your financial need since net price varies by income group. See the table below for the net price for different income groups.
| $0-30 K | $30K-48K | $48-75 | $75-110K | $110K + |
|---|---|---|---|---|
| $10,998 | $12,459 | $17,103 | $22,963 | $26,884 |
The net price is calculated by adding tuition, room, board and other costs and subtracting financial aid. Note that the net price is typically less than the published price for a school. For more information on the sticker price of Grace College, see our tuition and fees and room and board pages.
While almost two-thirds of students nationwide take out loans to pay for college, the percentage may be quite different for the school you plan on attending. At Grace College, approximately 50% of students took out student loans averaging $6,278 a year. That adds up to $25,112 over four years for those students. The student loan default rate is 2.3%. This is significantly lower than the national default rate of 10.1%, which is a good sign that you’ll be able to pay back your student loans. Get more details about paying for Grace College and Theological Seminary.
Yearly salaries vary depending on what you major in, but on average, bachelor’s degree recipients from Grace College and Theological Seminary make around $45,411 per year during the early years of their employment. This is right on par with the average college graduate’s salary of $49,219 per year. Also, graduates in your major field may make more.
See which majors at Grace College and Theological Seminary make the most money.
Grace College and Theological Seminary is an private not-for-profit institution located in Winona Lake, Indiana. The surrounding location of Winona Lake is ideal for students who enjoy the charms of a college town. Get more details about the location of Grace College and Theological Seminary.
Contact details for Grace College and Theological Seminary can be found below.
| Contact Details | |
|---|---|
| Address: | 1 Lancer Way, Winona Lake, IN 46590-1274 |
| Phone: | 5743725100 |
| Website: | www.grace.edu |
| Wikipedia: | en.wikipedia.org/wiki/Grace_College |
| Facebook: | www.facebook.com/GraceCollege |
| Twitter: | twitter.com/gracecollege |
In the latest year of available data, students from 22 majors graduated from Grace College and Theological Seminary. The following table lists the most popular undergraduate majors along with the average salary graduates from those majors make.
| Most Popular Majors | Completions | Average Salary of Graduates |
|---|---|---|
| Multi-Disciplinary Studies | 580 | NA |
| Business Administration & Management | 90 | $48,740 |
| Health & Physical Education | 60 | $34,919 |
| Pastoral Specialized Ministries | 48 | $26,348 |
| Mental & Social Health Services | 38 | $37,930 |
| Liberal Arts General Studies | 36 | NA |
| Theological & Ministerial Studies | 32 | NA |
| General Psychology | 26 | $23,733 |
| Marketing | 22 | $26,295 |
| Biblical Studies | 22 | NA |
714 students took at least one online class at Grace College and Theological Seminary.
Online learning options are becoming more and more popular at American colleges and universities. Online classes are great for students who have busy schedules or for those who just want to study on their own time.
Learn more about online learning at Grace College and Theological Seminary.
Interested in comparing Grace College? Match them up using College Combat, our free tool for head-to-head college comparisons.
Footnotes
*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.
References
More about our data sources and methodologies.