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Grace College and Theological Seminary

#1360 in US ranking Winona Lake, IN
Type:
Private not-for-profit
Programs:
4 years or more

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Cost

Cost / year
$43,458
Tuition & fees
$32,412
Avg. aid
$19,069
Receiving aid
100%

Admissions

Acceptance rate
82%
SAT range
1000–1200
ACT range
21–27

Outcomes

Graduation rate
69%
Median salary
$40,631
1 yr after graduation

What is the cost of studying for a year at Grace College and Theological Seminary?

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.

  • Full-time undergraduate tuition: $28,745
  • Required undergraduate fees: $900
  • Typical room and board: $11,710
  • Combined tuition, fees, and typical room and board: $41,355

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.

What are the work-study opportunities at Grace College and Theological Seminary?

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.

Grace College and Theological Seminary Tuition and Fees

In-state tuition & fees
$32,412
Out-of-state tuition & fees
$32,412
Tuition
$31,512
Fees
$900
Room and board
$11,710

Total Cost

Cost of attendance per year
$43,458
Tuition & fees
$32,412
Housing, food, books & other
$11,046

100% of undergraduates receive aid, $19,069 on average

Grace College and Theological Seminary Cost of Living

Yearly living expenses by where students live

On campus
$11,980
Off campus, not with family
$12,200
Off campus, with family
$2,800

Grace College and Theological Seminary Net Price by Family Income

Average yearly cost after grants, students awarded federal aid

$0–30,000
$10,998
$30,001–48,000
$12,459
$48,001–75,000
$17,103
$75,001–110,000
$22,963
Over $110,000
$26,884

Grace College and Theological Seminary Room and Board Cost

Typical room charge for academic year

$6,370

Typical board charge for academic year

$5,340

Total dormitory capacity

1100

Institution provide on-campus housing

Yes

Grace College and Theological Seminary Financial Aid

Undergraduate average amount

$19,069

All

$20,866

Students Receiving Financial Aid

Share of undergraduate students
100%

Grace College and Theological Seminary Grants, Loans and Debt

Students receiving Pell Grants
29%
Students with federal loans
50%
Median debt at completion
$20,500

Data 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.

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