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2022 Best Value Colleges for Theological & Ministerial Studies in Illinois (With Aid)

6 Ranked Colleges
816 Degrees Awarded
$24,400 Avg Net Price*
Best Value Theology Schools in Illinois For Those Getting Aid

When pursuing a degree in today’s world, students have many different options to choose from. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Theology Schools in Illinois For Those Getting Aid” ranking is one tool we have developed to help in this regard.

In 2019-2020, 15,051 people earned their degree in theological and ministerial studies, making the major the 55th most popular in the United States. In 2017-2018, theological and ministerial studies graduates who were awarded their degree in 2015-2017, earned an average of $36,911 and had an average of $41,597 in loans still to pay off.

Across Illinois, there were 816 theological and ministerial studies graduates with average earnings and debt of $45,575 and $43,492 respectively.

For this year’s “Best Value Theology Schools in Illinois For Those Getting Aid” ranking, we looked at 6 colleges that offer a degree in theological and ministerial studies. The schools that top this list are recognized because they have great theological and ministerial studies programs and cost less that schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the theological and ministerial studies program at the school. See our ranking methodology to learn more.

One Size Does Not Fit All

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Theology Schools in Illinois For Those Getting Aid” list to help you make the college decision.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Theology Schools in Illinois For Those Getting Aid

The following schools top our list of the Best Best Value Theology Schools in Illinois For Those Getting Aid.

Top 6 Best Value Colleges for Theological & Ministerial Studies in Illinois (With Aid)

#1

Moody Bible Institute

Chicago, Illinois

Out of the 6 schools in the Best Value Theology Schools in Illinois For Those Getting Aid that were part of this year’s ranking, Moody Bible Institute landed the #1 spot on the list. Located in Chicago, Illinois, this small private not-for-profit school awarded 197 diplomas to qualified ’s theology students in 2019-2020.

Moody Theological Seminary and Graduate School also took the #3 spot in our “Best Theological & Ministerial Studies Schools in Illinois” ranking. It costs about $16,646 for illinois theology students with aid per year to attend Moody Bible Institute.

Read more about Theological & Ministerial Studies at Moody Theological Seminary and Graduate School

#2

Olivet Nazarene University

Bourbonnais, Illinois

You’ll join some of the best and brightest minds around if you attend Olivet Nazarene University. The school came in at #2 for the Best Value Theology Schools in Illinois For Those Getting Aid. Olivet Nazarene is a small school located in Bourbonnais, Illinois that handed out 15 ’s theology degrees in 2019-2020.

Olivet Nazarene did well in our major quality rankings, too. It placed #7 on our “Best Theological & Ministerial Studies Schools in Illinois” list. The estimated yearly cost for Olivet Nazarene University is $20,195 for illinois theology students with aid.

The low student loan default rate of 3.4% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read full report on Theological & Ministerial Studies at Olivet Nazarene

You’ll join some of the best and brightest minds around if you attend Trinity International University - Illinois. The school came in at #3 for the Best Value Theology Schools in Illinois For Those Getting Aid. TIU Illinois is a private not-for-profit institution located in Deerfield, Illinois. The school has a small population, and it awarded 111 ’s degrees in 2019-2020.

TIU Illinois not only placed well in this ranking. It is also #9 on our “Best Theological & Ministerial Studies Schools in Illinois” list. The estimated yearly cost for Trinity International University - Illinois is $21,204 for Illinois Theology students with aid.

With a student-to-faculty ratio of 8 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read more about Theological & Ministerial Studies at Trinity International University - Illinois

#4

Wheaton College Illinois

Wheaton, Illinois

Out of the 6 schools in the Best Value Theology Schools in Illinois For Those Getting Aid that were part of this year’s ranking, Wheaton College Illinois landed the #4 spot on the list. Wheaton College Illinois is a small school located in Wheaton, Illinois that handed out 38 ’s theology degrees in 2019-2020.

Wheaton College Illinois did well in our major quality rankings, too. It placed #5 on our “Best Theological & Ministerial Studies Schools in Illinois” list. It costs about $25,358 for illinois theology students with aid per year to attend Wheaton College Illinois.

The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year.

Read full report on Theological & Ministerial Studies at Wheaton College Illinois

#5

University of Chicago

Chicago, Illinois

You’ll join some of the best and brightest minds around if you attend University of Chicago. The school came in at #5 for the Best Value Theology Schools in Illinois For Those Getting Aid. University of Chicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 77 ’s theology degrees in 2019-2020.

In addition to being on our illinois theology students with aid list, UChicago has also earned the #2 rank in our “Best Theological & Ministerial Studies Schools in Illinois” ranking. The estimated yearly cost for University of Chicago is $27,315 for illinois theology students with aid.

With a freshman retention rate of 100%, the school does an excellent job of retaining its students. The impressive student-to-faculty ratio of 5 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The low student loan default rate of 0.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Full University of Chicago Theological & Ministerial Studies Report

#6

Loyola University Chicago

Chicago, Illinois

Loyola University Chicago ranked #6 on this year’s Best Value Theology Schools in Illinois For Those Getting Aid list. Loyola Chicago is a fairly large school located in Chicago, Illinois that handed out 14 ’s theology degrees in 2019-2020.

In addition to being on our illinois theology students with aid list, Loyola Chicago has also earned the #6 rank in our “Best Theological & Ministerial Studies Schools in Illinois” ranking. The estimated yearly cost for Loyola University Chicago is $35,407 for illinois theology students with aid.

The low student loan default rate of 3.4% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year.

Read more about Theological & Ministerial Studies at Loyola University Chicago

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Notes and References

References

  • The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
  • Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
  • Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

  • *Average salary, average net price, and average tuition and fees are for the top schools only.
  • Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

Credits

  • Credit for the banner image above goes to Jonund.

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