Grace School of Theology

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2020 Undergraduate Tuition
$6,000
0% growth from 2019
2018 Student Loan
4.76%
Default Rate
2020 Enrolled Students
590
11.5% Full-Time

About

Grace School of Theology is a higher education institution located in Montgomery County, TX. In 2016, the most popular Bachelor's Degree concentrations at Grace School of Theology were Biblical Studies (8 degrees awarded).

In 2020, 60 degrees were awarded across all undergraduate and graduate programs at Grace School of Theology. 30% of these degrees were awarded to women, and 70% awarded men. The most common race/ethnicity group of degree recipients was unknown (37 degrees), 3.36 times more than then the next closest race/ethnicity group, black or african american (11 degrees).

The median undergraduate tuition at Grace School of Theology is $6,000, which is $−8,400 less than the national average for Special Focus Institutions ($14,400).

Costs

The median undergraduate tuition at Grace School of Theology is $6,000, which is $−8,400 less than the national average for Special Focus Institutions ($14,400).

After taking grants and loans into account, the average net price for students is $0.

In 2020, 25% of undergraduate students attending Grace School of Theology received financial aid through grants. Comparatively, 8% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$6,000
2020 Undergraduate Tuition

In 2020, the cost of tuition at Grace School of Theology was $6,000. The cost of tuition at Grace School of Theology is $−8,400 less than than the overall (public and private) national average for Special Focus Institutions ($14,400).

This chart compares the tuition costs of Grace School of Theology (in red) with those of other similar universities.

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Average Net Price

$0
2020 Value
100%
1 Year Growth

In 2020 Grace School of Theology had an average net price — the price paid after factoring in grants and loans — of $0. Between 2019 and 2020, the average net price of Grace School of Theology grew by 100%.

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

$10,320
Room and Board
$5,000
Books and Supplies

The average yearly cost of room and board at Grace School of Theology was of $10,320 in 2020. During the same period, the average yearly cost of books and supplies was $5,000. The cost of room and board increased by 2.21% between 2019 and 2020. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

25%
Undergraduates Receiving Financial Aid through Grants
8%
Undergraduates Receiving Financial Aid through Loans

25% of undergraduate students at Grace School of Theology received financial aid through grants or loans in 2020. This represents a growth of 150% with respect to 2019, when 10% 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.
4.76%
2018 Default Rate
2
Number of Defaults

In 2018 the default rate for borrower's at Grace School of Theology was 4.76%, which represents 2 out of the 42 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 has a total enrollment of 590 students. The full-time enrollment at Grace School of Theology is 68 students and the part-time enrollment is 522. This means that 11.5% 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 16.4% White, 9.83% Black or African American, 3.56% Hispanic or Latino, 1.02% Asian, 0.339% Two or More Races, 0% Native Hawaiian or Other Pacific Islanders, and 0% American Indian or Alaska Native.

Students enrolled at Grace School of Theology in full-time Undergraduate programs are most commonly White Male (23.5%), followed by Black or African American Male (5.88%) and Black or African American Female (5.88%). Students enrolled in full-time Graduate programs are most commonly White Male (11.8%), followed by Black or African American Male (1.96%) and Black or African American Female (1.96%).

Full-Time vs Part-Time Enrollment

11.5%
Full-Time Enrollment

The total enrollment at Grace School of Theology, both undergraduate and graduate, is 590 students. The full-time enrollment at Grace School of Theology is 68 and the part-time enrollment is 522. This means that 11.5% of students enrolled at Grace School of Theology are enrolled full-time compared with 68.5% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Grace School of Theology (in red) compares to similar universities.

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Retention Rate over Time

N/A%
N/A 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 N/A%. Compared with the full-time retention rate at similar Special Focus Institutions (71.5%), Grace School of Theology had a retention rate approximately the same as its peers.

This chart shows the retention rate over time at Grace School of Theology (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    97
  2. Black or African American
    58
  3. Hispanic or Latino
    21

The enrolled student population at Grace School of Theology is 16.4% White, 9.83% Black or African American, 3.56% Hispanic or Latino, 1.02% Asian, 0.339% Two or More Races, 0% Native Hawaiian or Other Pacific Islanders, and 0% 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 44% White, 17.3% Hispanic or Latino, and 14.4% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 403 students (68.3%) did not report their race.

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Graduates

In 2020, 24 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 unknown (37 degrees awarded). There were 3.36 times more unknown graduates than the next closest race/ethnicity group, black or african american (11 degrees).

The most common Bachelor's Degree concentration at Grace School of Theology is Biblical Studies (8 degrees awarded), followed by N/A and N/A.

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 (58 degrees awarded).

Workforce

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 (74,405 people), Elementary & middle school teachers (9,473 people), Other managers (6,316 people), Postsecondary teachers (4,612 people), and Driver/sales workers & truck drivers (4,375 people).

The most specialized majors at Grace School of Theology are Theology (58 degrees awarded).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Grace School of Theology are Physicians, Diagnostic medical sonographers, Aircraft pilots & flight engineers, Securities, commodities, & financial services sales agents, and Dentists

The most specialized majors at Grace School of Theology are Theology (58 degrees awarded).

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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 (82,708 people), Elementary & secondary schools (20,551 people), Colleges, universities & professional schools, including junior colleges (11,740 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (8,056 people), and Construction (7,996 people).

The most specialized majors at Grace School of Theology are Theology (58 degrees awarded).

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Degrees

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
  1. 8 degree-majorss awarded
  2. N/A
    N/A degree-majorss awarded
  3. N/A
    N/A degree-majorss awarded

In 2020, the most common bachelors degree concentration at Grace School of Theology was Biblical Studies with 8 degrees awarded.

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

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Sex Breakdown for Common Majors

42
Degrees Awarded to Men
in 2020
18
Degrees Awarded to Women
in 2020

In 2020, 42 degrees were awarded to men at Grace School of Theology, which is 2.33 times more than the number of degrees awarded to females (18).

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 2020, 21 degrees were awarded to men at Grace School of Theology in Biblical Studies, which is 2.63 times more than the 8 female recipients with that same degree.

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Most Common Female Majors

In 2020, 9 degrees were awarded to women at Grace School of Theology in Other Theological & Ministerial Studies, which is 0.643 times less than the 14 male recipients with that same degree.

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Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
N/A
Highest Graduation Rate (N/A%)

The student demographic with the highest graduation rate at Grace School of Theology is N/A and N/A (N/A% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (72.4%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, N/A% of graduates (N/A students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. Unknown
    37 degrees awarded
  2. Black or African American
    11 degrees awarded
  3. White
    9 degrees awarded

The most common race/ethnicity at Grace School of Theology is unknown (37 degrees awarded). There were 3.36 times more unknown recipients than the next closest race/ethnicity group, black or african american (11 degrees).

61.7% of degree recipients (37 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Male
    8 degrees awarded
  2. Black or African American Male
    6 degrees awarded
  3. Black or African American Female
    5 degrees awarded

The most common race/ethnicity and sex grouping at Grace School of Theology is white male (8 degrees awarded). There were 1.33 times more white male recipients than the next closest race/ethnicity group, black or african american male (6 degrees).

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Operations

Grace School of Theology has an endowment valued at nearly $N/A, as of the end of the 2020 fiscal year. The return on its endowment was of $0 (NaNN%), compared to the 1.87% average return ($195k on $10.4M) across all Special Focus Institutions.

In 2020, Grace School of Theology had a total salary expenditure of $6.53M. Grace School of Theology employs 5 Professors, 1 Associate professors, and 1 Assistant professors. Most academics at Grace School of Theology are Male Professors (5), Male Associate professors(1), and Male Assistant professors (1).

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

Finances

Endowment

0%
growth from 2019

This line chart shows how the endowment at Grace School of Theology (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Faith-Related Institutions Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $0 - Federal
  2. $0 - State
  3. $0 - Local

As of 2020, Grace School of Theology received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$2.46M
2020 Salaries
1.7%
decline from 2019

In 2020, Grace School of Theology paid a median of $2.46M in salaries, which represents 37.7% of their overall expenditure ($6.53M) and a 1.7% decline from the previous year. This is compared to a 1.07% decline from 2018 and a 14.6% growth from 2017.

The median for similar Special Focus Institutions is 2.95M (42.1% of overall expenditures).

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Instructional Salaries

$482k
Instructional Salaries
7
Number of Employees

In 2020, Grace School of Theology paid a total of $482k to 7 employees working as instructors, which represents 19.6% of all salaries paid.

This is compared to a median of $855k (29%) for similar Special Focus Institutions.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
5 Employees
Management
Most Common Non-Instructional Employee
6 Employees

In 2020, the most common positions for instructional staff at Grace School of Theology were Professor with 5 employees; Associate professor with 1 employees; and Associate professor with 1 employees.

In 2020, the most common positions for non-instructional staff at Grace School of Theology were Management with 6 employees; Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 6 employees; and Business and Financial Operations with 4 employees.

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Instructors by Academic Rank and Sex

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

In 2020, the most common demographic for instructional staff at Grace School of Theology was Male Professor with 5 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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