
For the reported 2024-25 academic year, full-time undergraduate tuition was $28,745, with $900 in required fees. The same reported tuition applied to in-state and out-of-state students. Adding the listed typical room and board charge of $11,710 produces $41,355 for those three categories; books, transportation, personal expenses, and any program-specific charges would increase a student's full cost of attendance.
Published charges are not the same as net price after grants and scholarships. Reported average net price varied substantially by family income: it was $12,459 for students from families earning up to $48,000 and $26,884 for those from families earning more than $110,000. These are group averages, not individual aid quotes. A student living at home, taking a different course load, or entering a graduate program needs a different budget.
Financial aid can change the amount paid, but loans must generally be repaid. Grace students may be considered for institutional scholarships and eligible federal or Indiana aid after completing the relevant aid application requirements. The reported aid data show that all students in the measured group received some form of financial aid, while half had student loans; receiving aid therefore does not necessarily mean that attendance is affordable without borrowing.
Grace students can seek campus employment, and eligible students may have access to Federal Work-Study as part of a financial aid package. Work-Study is a need-based federal student employment program, not a grant paid simply for enrolling; students generally earn wages for hours worked and must obtain a qualifying position.
Students should review their aid offer to see whether Work-Study is included, then check current openings and hiring procedures. Ordinary campus jobs may also be available without a Work-Study award. Neither type of job should be assumed to cover an entire semester's bill: available hours, pay, and hiring depend on the position. Career services can separately help students look for internships and other experience connected to their academic interests; an internship is not required of every Grace student.
100% of undergraduates receive aid, $19,069 on average
Yearly living expenses by where students live
Average yearly cost after grants, students awarded federal aid
Typical room charge for academic year
$6,370Typical board charge for academic year
$5,340Total dormitory capacity
1100Institution provide on-campus housing
YesUndergraduate average amount
$19,069All
$20,866Data last updated on November 5, 2026
Data sources: IPEDS 2024-25, Peterson 2026, College Scorecard 10/2026, Clery 2024 (2023-24), OpenAlex 2026
Figures on this profile come from federal and third-party datasets in the editions listed above and are refreshed periodically, so they may differ from what the institution currently reports. Confirm costs, deadlines and requirements with the school before making decisions.