Grace School of Theology

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2022 Undergraduate Tuition
$6,240
4% growth from 2021
2022 Average Net Price
$12,292
After Financial Aid
2019 Default Rate
6.12%
on Student Loans
2022 Enrolled Students
611
13.3% Full-Time

About

Grace School of Theology is a higher education institution located in Montgomery County, TX. In 2022, the most popular Masters Degree concentrations at Grace School of Theology were Biblical Studies (25 degrees awarded), Other Theological & Ministerial Studies (25 degrees), and Divinity & Ministry (6 degrees).

In 2022, 88 degrees were awarded across all undergraduate and graduate programs at Grace School of Theology. 28.4% of these degrees were awarded to women, and 71.6% awarded men. The most common race/ethnicity group of degree recipients was white (22 degrees), 3.14 times more than then the next closest race/ethnicity group, black or african american (7 degrees).

The median undergraduate tuition at Grace School of Theology is $6,240, which is $−8,701 less than the national average for Special Focus Institutions ($14,942).

Costs

In 2022, the median undergraduate tuition at Grace School of Theology is $6,240, which is $−8,702 less than the national average for Special Focus Institutions ($14,942).

After taking grants and loans into account, the average net price for students is $12,292.

In 2022, 77% of undergraduate students attending Grace School of Theology received financial aid through grants. Comparatively, 7% of undergraduate students received financial aid through loans.

Tuition Costs

$6,240
2022 Undergraduate Tuition

In 2022, the cost of tuition at Grace School of Theology was $6,240. The cost of tuition at Grace School of Theology is $−8,702 less than than the overall (public and private) national average for Special Focus Institutions ($14,942).

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Average Net Price

$12,292
2022 Value
3.2%
1 Year Growth

In 2022 Grace School of Theology had an average net price — the price paid after factoring in grants and loans — of $12,292. Between 2021 and 2022, the average net price of Grace School of Theology grew by 3.2%.

This chart compares the average net price of Grace School of Theology (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$11,470
Room and Board
$5,000
Books and Supplies

The average yearly cost of room and board at Grace School of Theology was of $11,470 in 2022. The cost of room and board increased by 11.1% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $5,000. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

77%
Undergraduates Receiving Financial Aid through Grants
7%
Undergraduates Receiving Financial Aid through Loans

77% of undergraduate students at Grace School of Theology received financial aid through grants or loans in 2022. This represents a decline of 14.4% with respect to 2021, when 90% of undergraduate students received financial aid.

This chart compares the average award discount at Grace School of Theology (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
6.12%
2019 Default Rate
3
Number of Defaults

In 2019 the default rate for borrower's at Grace School of Theology was 6.12%, which represents 3 out of the 49 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Enrollment

Grace School of Theology had a total enrollment of 611 students in 2022. The full-time enrollment at Grace School of Theology is 81 students and the part-time enrollment is 530. This means that 13.3% of students enrolled at Grace School of Theology are enrolled full-time.

The enrolled student population at Grace School of Theology, both undergraduate and graduate, is 13.6% White, 11% Black or African American, 4.75% Hispanic or Latino, 0.327% Native Hawaiian or Other Pacific Islanders, 0.164% Two or More Races, and 0.164% American Indian or Alaska Native.

Students enrolled at Grace School of Theology in full-time Undergraduate programs are most commonly White Male (22.7%), followed by White Female (9.09%) and Black or African American Male (4.55%). Students enrolled in full-time Graduate programs are most commonly White Male (10.2%), followed by Black or African American Male (6.78%) and Black or African American Female (5.08%).

Full-Time vs Part-Time Enrollment

13.3%
Full-Time Enrollment

The total enrollment at Grace School of Theology in 2022, both undergraduate and graduate, is 611 students. The full-time enrollment at Grace School of Theology is 81 and the part-time enrollment is 530. This means that 13.3% of students enrolled at Grace School of Theology are enrolled full-time compared with 71.2% at similar Special Focus Institutions.

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Retention Rate over Time

40%
2022 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Grace School of Theology was 40%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Grace School of Theology had a retention rate lower than its peers.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    83 enrolled students
  2. Black or African American
    67 enrolled students
  3. Hispanic or Latino
    29 enrolled students

The enrolled student population at Grace School of Theology is 13.6% White, 11% Black or African American, 4.75% Hispanic or Latino, 0.327% Native Hawaiian or Other Pacific Islanders, 0.164% Two or More Races, and 0.164% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 42.1% White, 19.3% Hispanic or Latino, and 14.1% Black or African American.

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Graduates

In 2022, 38 fewer women than men received degrees from Grace School of Theology. The most common race/ethnicity group of degree recipients at Grace School of Theology is white (22 degrees awarded). There were 3.14 times more white recipients than the next closest race/ethnicity group, black or african american (7 degrees).

The most common Masters Degree concentration at Grace School of Theology is Biblical Studies (25 degrees awarded), followed by Other Theological & Ministerial Studies (25 degrees) and Divinity & Ministry (6 degrees).

In 2022,  the most specialized majors across all degree types at Grace School of Theology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (88 degrees awarded).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Grace School of Theology are Clergy (75,499 people), Elementary & middle school teachers (9,354 people), Other managers (6,962 people), Postsecondary teachers (4,622 people), and Education administrators (4,507 people).

The most specialized majors at Grace School of Theology in 2022 are Theology (88 degrees awarded) (as of 2022).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Grace School of Theology are Cardiovascular technologists and technicians, Physicians, Diagnostic medical sonographers, Securities, commodities, & financial services sales agents, and Lawyers, & judges, magistrates, & other judicial workers

The most specialized majors at Grace School of Theology are Theology (88 degrees awarded) (as of 2022).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Grace School of Theology are Religious organizations (82,746 people), Elementary & secondary schools (23,116 people), Colleges, universities & professional schools, including junior colleges (11,032 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (8,773 people), and Construction (8,294 people).

The most specialized majors at Grace School of Theology are Theology (88 degrees awarded) (as of 2022).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Grace School of Theology.
Most Common (2022)
  1. 25 degrees awarded
  2. 25 degrees awarded
  3. 6 degrees awarded

In 2022, the most common masters degree concentration at Grace School of Theology was Biblical Studies with 25 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from masters degree programs at Grace School of Theology according to their major.

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Sex Breakdown for Common Majors

63
Degrees Awarded to Men
in 2022
25
Degrees Awarded to Women
in 2022

In 2022, 63 degrees were awarded to men at Grace School of Theology, which is 2.52 times more than the number of degrees awarded to females (25).

This chart displays the sex disparity between the top 5 majors at Grace School of Theology by degrees awarded.

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Most Common Male Majors

In 2022, 37 degrees were awarded to men at Grace School of Theology in Biblical Studies, which is 3.08 times more than the 12 female recipients with that same degree.

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Most Common Female Majors

In 2022, 12 degrees were awarded to men at Grace School of Theology in Biblical Studies, which is 0.324 times less than the 37 male recipients with that same degree.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    22 degrees awarded
  2. Black or African American
    7 degrees awarded
  3. Hispanic or Latino
    3 degrees awarded

The most common race/ethnicity at Grace School of Theology is white (22 degrees awarded). There were 3.14 times more white recipients than the next closest race/ethnicity group, black or african american (7 degrees).

62.5% of degree recipients (55 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Male
    20 degrees awarded
  2. Black or African American Female
    5 degrees awarded
  3. Black or African American Male
    2 degrees awarded

The most common race/ethnicity and sex grouping at Grace School of Theology is white male (20 degrees awarded). There were 4 times more white male recipients than the next closest race/ethnicity group, black or african american female (5 degrees).

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Operations

Grace School of Theology employs 3 Professors, 1 Associate professors and 1 Assistant professors. Most academics at Grace School of Theology are Male Professor (3), Male Associate professor (1), and Male Assistant professor (1).

The most common positions for non-instructional staff at Grace School of Theology are: Business and Financial Operations, with 6 employees, Management, with 4 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 4 employees.

Salary Expenditure

$2.34M
2022 Salaries
9.67%
decline from 2021

In 2022, Grace School of Theology paid a median of $2.34M in salaries, a 9.67% decline from the previous year.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

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Instructional Salaries

$380k
Instructional Salaries
5
Number of Employees

In 2022, Grace School of Theology paid a total of $380k to 5 employees working as instructors, which represents 16.2% of all salaries paid.

This is compared to a median of $975k (30.7%) for similar Special Focus Institutions.

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Occupations by Share

Professor
Most Common Instructor
3 Employees
Business and Financial Operations
Most Common Non-Instructional Employee
6 Employees

In 2022, the most common positions for instructional staff at Grace School of Theology were Professor with 3 employees, Associate professor with 1 employees, and Assistant professor with 1 employees.

In 2022, the most common positions for non-instructional staff at Grace School of Theology were Business and Financial Operations with 6 employees, Management with 4 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 4 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Male Professor
  2. Male Associate professor
  3. Male Assistant professor

In 2022, the most common demographic for instructional staff at Grace School of Theology was Male Professor with 3 employees, Male Associate professor with 1 employees, and Male Assistant professor with 1 employees.

This chart shows the sex split between each academic rank present at Grace School of Theology.

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