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2023 Best Value Theology Schools For Those Getting Aid

69 Ranked Colleges
6,253 Degrees Awarded
$20,600 Avg Net Price*
Best Value Theology Schools For Those Getting Aid

Students have lots of options to chooose from today when trying to decide which college to attend. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Theology Schools For Those Getting Aid” ranking is part of that endeavor.

In 2020-2021, 6,253 people earned their degree in theology, making the major the 127th most popular in the United States.

For this year’s “Best Value Theology Schools For Those Getting Aid” ranking, we looked at 69 colleges that offer a degree in theology. Not only do the schools that top this list have excellent theology programs, but they also cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the theology program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

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The theology school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Theology Schools For Those Getting Aid”.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. 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 For Those Getting Aid

The colleges and universities below are the best for theology students with aid.

Top 25 Best Value Colleges for Theology (With Aid)

1
Moody Theological Seminary and Graduate School crest
Moody Bible Institute
Chicago, Illinois

You’ll be in good company if you decide to attend Moody Bible Institute. It ranked #1 on our 2023 Best Value Theology Schools For Those Getting Aid list. This small school is located in Chicago, Illinois, and it awarded 34 ’s theology degrees in 2020-2021.

Moody Theological Seminary and Graduate School also took the #6 spot in our “Best Theology Schools” ranking. The estimated yearly cost for Moody Bible Institute is $19,679 for Theology students with aid.

The undergrad student loan default rate at the school is 3.3%, which is quite low when compared to the national default rate of 10.1%.

Full Moody Bible Institute Theology Report

2
Yale crest
Yale University
New Haven, Connecticut

Out of the 69 schools in the Best Value Theology Schools For Those Getting Aid that were part of this year’s ranking, Yale University landed the #2 spot on the list. Yale University is a private not-for-profit institution located in New Haven, Connecticut. The school has a fairly large population, and it awarded 15 ’s degrees in 2020-2021.

Yale not only placed well in this ranking. It is also #5 on our “Best Theology Schools” list. The estimated yearly cost for Yale is $15,296 for Theology students with aid.

The school has an impressive undergrad student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%. Since the school has a undergrad student-to-faculty ratio of 4 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Full Yale University Theology Report

3

Out of the 69 schools in the Best Value Theology Schools For Those Getting Aid that were part of this year’s ranking, Midwestern Baptist Theological Seminary landed the #3 spot on the list. Located in Kansas City, Missouri, this small private not-for-profit school handed out 217 degrees to qualified ’s theology students in 2020-2021.

MBTS also made our “Best Theology Schools” list, coming in at #8. The yearly cost to attend Midwestern Baptist Theological Seminary is $19,405 for theology students with aid.

The school has an impressive undergrad student loan default rate. It’s only 2.7%, which is much lower than the national rate of 10.1%.

Read full report on Theology at MBTS

4
Harvard crest
Harvard University
Cambridge, Massachusetts

Out of the 69 schools in the Best Value Theology Schools For Those Getting Aid that were part of this year’s ranking, Harvard University landed the #4 spot on the list. Harvard is located in Cambridge, Massachusetts and, has a large student population. In 2020-2021, this school awarded 64 ’s theology degrees to qualified students.

In addition to being on our theology students with aid list, Harvard has also earned the #14 rank in our “Best Theology Schools” ranking. The yearly cost to attend Harvard University is $13,872 for Theology students with aid.

The undergraduate student-to-faculty ratio of 5 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an impressive undergrad student loan default rate. It’s only 0.9%, which is much lower than the national rate of 10.1%.

Read more about Theology at Harvard University

5
Duke crest
Duke University
Durham, North Carolina

You’ll be in good company if you decide to attend Duke University. It ranked #5 on our 2023 Best Value Theology Schools For Those Getting Aid list. Duke University is located in Durham, North Carolina and, has a fairly large student population. In 2020-2021, this school awarded 160 ’s theology degrees to qualified students.

Duke also made our “Best Theology Schools” list, coming in at #1. The yearly cost to attend Duke University is $32,459 for theology students with aid.

The impressive undergraduate student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The undergrad student loan default rate at the school is 0.3%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Theology at Duke

6
Regent crest
Regent University
Virginia Beach, Virginia

With a ranking of #6, Regent University did quite well on the 2023 Best Value Theology Schools For Those Getting Aid list. Located in Virginia Beach, Virginia, this fairly large private not-for-profit school awarded 87 diplomas to qualified ’s theology students in 2020-2021.

It costs about $24,888 for Theology students with aid per year to attend Regent.

Read more about Theology at Regent

7
CIU crest
Columbia International University
Columbia, South Carolina

Columbia International University ranked #7 on this year’s Best Value Theology Schools For Those Getting Aid list. Columbia International University is a private not-for-profit institution located in Columbia, South Carolina. The school has a small population, and it awarded 12 ’s degrees in 2020-2021.

The estimated yearly cost for Columbia International University is $18,222 for Theology students with aid.

The undergrad student loan default rate at the school is 4.3%, which is quite low when compared to the national default rate of 10.1%.

Full CIU Theology Report

8

The Baptist College of Florida landed the #8 spot on the 2023 Best Value Theology Schools For Those Getting Aid ranking. This small school is located in Graceville, Florida, and it awarded 16 ’s theology degrees in 2020-2021.

The estimated yearly cost for BCF is $11,764 for theology students with aid.

The undergraduate student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Read full report on Theology at BCF

9
AMU crest
Ave Maria University
Ave Maria, Florida

Ave Maria University came in at #9 in this year’s edition of the Best Value Theology Schools For Those Getting Aid ranking. Located in Ave Maria, Florida, this small private not-for-profit school handed out 37 degrees to qualified ’s theology students in 2020-2021.

It costs about $18,264 for Theology students with aid per year to attend Ave Maria University.

The school has an impressive undergrad student loan default rate. It’s only 4.2%, which is much lower than the national rate of 10.1%.

Read full report on Theology at Ave Maria University

10

With a ranking of #10, Lincoln Christian University did quite well on the 2023 Best Value Theology Schools For Those Getting Aid list. Lincoln, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s theology degrees to 5 students in 2020-2021.

The yearly cost to attend Lincoln Christian College and Seminary is $19,638 for Theology students with aid.

The low undergrad student loan default rate of 5.0% 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 Theology at Lincoln Christian University

11

Oral Roberts University landed the #11 spot on the 2023 Best Value Theology Schools For Those Getting Aid ranking. ORU is located in Tulsa, Oklahoma and, has a small student population. In 2020-2021, this school awarded 10 ’s theology degrees to qualified students.

In addition to being on our theology students with aid list, ORU has also earned the #20 rank in our “Best Theology Schools” ranking. The estimated yearly cost for Oral Roberts University is $19,355 for Theology students with aid.

Read more about Theology at Oral Roberts University

12
Harding crest
Harding University
Searcy, Arkansas

Harding University did quite well in the 2023 Best Value Theology Schools For Those Getting Aid ranking, coming in at #12. Searcy, Arkansas is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s theology degrees to 2 students in 2020-2021.

The estimated yearly cost for Harding is $19,456 for theology students with aid.

Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The undergrad student loan default rate at the school is 3.1%, which is quite low when compared to the national default rate of 10.1%.

Full Harding University Theology Report

13
FHU crest
Freed-Hardeman University
Henderson, Tennessee

Freed-Hardeman University did quite well in the 2023 Best Value Theology Schools For Those Getting Aid ranking, coming in at #13. Located in Henderson, Tennessee, this small private not-for-profit school handed out 2 diplomas to qualified ’s theology students in 2020-2021.

It costs about $17,152 for Theology students with aid per year to attend FHU.

The undergrad student loan default rate at the school is 3.1%, which is quite low when compared to the national default rate of 10.1%.

Full Freed-Hardeman University Theology Report

14
Emory crest
Emory University
Atlanta, Georgia

With a ranking of #14, Emory University did quite well on the 2023 Best Value Theology Schools For Those Getting Aid list. Located in Atlanta, Georgia, this fairly large private not-for-profit school awarded 22 diplomas to qualified ’s theology students in 2020-2021.

Emory did well in our major quality rankings, too. It placed #7 on our “Best Theology Schools” list. It costs about $22,597 for Theology students with aid per year to attend Emory University.

The undergraduate student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year. The undergrad student loan default rate at the school is 1.4%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Theology at Emory

15
SEU crest
Southeastern University
Lakeland, Florida

With a ranking of #15, Southeastern University did quite well on the 2023 Best Value Theology Schools For Those Getting Aid list. SEU is a medium-sized private not-for-profit school situated in Lakeland, Florida. It awarded 10 ’s theology degrees in 2020-2021.

SEU also made our “Best Theology Schools” list, coming in at #10. The estimated yearly cost for SEU is $26,640 for theology students with aid.

Read full report on Theology at SEU

16
Vanderbilt crest
Vanderbilt University
Nashville, Tennessee

Vanderbilt University did quite well in the 2023 Best Value Theology Schools For Those Getting Aid ranking, coming in at #16. Vanderbilt University is a fairly large private not-for-profit school situated in Nashville, Tennessee. It awarded 25 ’s theology degrees in 2020-2021.

Vanderbilt did well in our major quality rankings, too. It placed #12 on our “Best Theology Schools” list. The yearly cost to attend Vanderbilt University is $19,970 for Theology students with aid.

Students who start out at the school are likely to stick around. The freshman retention rate is 96%. The undergrad student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%. The impressive undergraduate student-to-faculty ratio of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Read more about Theology at Vanderbilt

17
Notre Dame crest
University of Notre Dame
Notre Dame, Indiana

University of Notre Dame ranked #17 on this year’s Best Value Theology Schools For Those Getting Aid list. University of Notre Dame is located in Notre Dame, Indiana and, has a fairly large student population. In 2020-2021, this school awarded 122 ’s theology degrees to qualified students.

Notre Dame also made our “Best Theology Schools” list, coming in at #2. It costs about $31,101 for Theology students with aid per year to attend University of Notre Dame.

Students who start out at the school are likely to stick around. The freshman retention rate is 97%. Since the school has a undergrad student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors. The undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%.

Full University of Notre Dame Theology Report

18
Lee University crest
Lee University
Cleveland, Tennessee

Lee University did quite well in the 2023 Best Value Theology Schools For Those Getting Aid ranking, coming in at #18. Lee University is located in Cleveland, Tennessee and, has a small student population. In 2020-2021, this school awarded 9 ’s theology degrees to qualified students.

The yearly cost to attend Lee University is $18,219 for theology students with aid.

The undergrad student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.

Full Lee University Theology Report

19

Grace College and Theological Seminary did quite well in the 2023 Best Value Theology Schools For Those Getting Aid ranking, coming in at #19. Grace College is a private not-for-profit institution located in Winona Lake, Indiana. The school has a small population, and it awarded 5 ’s degrees in 2020-2021.

It costs about $20,060 for Theology students with aid per year to attend Grace College and Theological Seminary.

The low undergrad student loan default rate of 3.1% 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 more about Theology at Grace College and Theological Seminary

20
Ozark Christian College crest
Ozark Christian College
Joplin, Missouri

Ozark Christian College came in at #20 in this year’s edition of the Best Value Theology Schools For Those Getting Aid ranking. This small school is located in Joplin, Missouri, and it awarded 2 ’s theology degrees in 2020-2021.

It costs about $17,052 for Theology students with aid per year to attend Ozark Christian College.

The low undergrad student loan default rate of 2.9% 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 Ozark Christian College Theology Report

21
Benedictine College crest
Benedictine College
Atchison, Kansas

Benedictine College landed the #21 spot on the 2023 Best Value Theology Schools For Those Getting Aid ranking. Benedictine College is a private not-for-profit institution located in Atchison, Kansas. The school has a small population, and it awarded 42 ’s degrees in 2020-2021.

The estimated yearly cost for Benedictine College is $26,253 for Theology students with aid.

The low undergrad student loan default rate of 4.0% 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 Theology at Benedictine College

22
Lenoir - Rhyne University crest
Lenoir - Rhyne University
Hickory, North Carolina

With a ranking of #22, Lenoir - Rhyne University did quite well on the 2023 Best Value Theology Schools For Those Getting Aid list. Located in Hickory, North Carolina, this small private not-for-profit school handed out 4 diplomas to qualified ’s theology students in 2020-2021.

It costs about $18,772 for theology students with aid per year to attend Lenoir - Rhyne University.

Read more about Theology at Lenoir - Rhyne University

23
Ashland crest
Ashland University
Ashland, Ohio

Ashland University ranked #23 on this year’s Best Value Theology Schools For Those Getting Aid list. Ashland is located in Ashland, Ohio and, has a small student population. In 2020-2021, this school awarded 17 ’s theology degrees to qualified students.

The estimated yearly cost for Ashland University is $20,974 for theology students with aid.

The low undergrad student loan default rate of 4.1% 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 Ashland University Theology Report

24
Drew crest
Drew University
Madison, New Jersey

Drew University landed the #24 spot on the 2023 Best Value Theology Schools For Those Getting Aid ranking. Drew is located in Madison, New Jersey and, has a small student population. In 2020-2021, this school awarded 35 ’s theology degrees to qualified students.

Drew did well in our major quality rankings, too. It placed #9 on our “Best Theology Schools” list. The estimated yearly cost for Drew is $25,776 for Theology students with aid.

The school has an excellent freshman retention rate of 88%, which means students like the school well enough to return for a second year. The undergrad student loan default rate at the school is 3.9%, which is quite low when compared to the national default rate of 10.1%.

Read more about Theology at Drew University

25

Indiana Wesleyan University - National & Global landed the #25 spot on the 2023 Best Value Theology Schools For Those Getting Aid ranking. IWU is a fairly large school located in Marion, Indiana that handed out 25 ’s theology degrees in 2020-2021.

The yearly cost to attend Indiana Wesleyan University - National & Global is $18,904 for theology students with aid.

The school has an impressive undergrad student loan default rate. It’s only 5.0%, which is much lower than the national rate of 10.1%.

Read full report on Theology at IWU

Notes and References

References

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