Alaska Bible College

www.akbible.edu

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2023 Undergraduate Tuition

$10,200

2023 Average Net Price

$14,844

After Financial Aid

2020 Default Rate

on Student Loans

2023 Enrolled Students

27.7% Full-Time

2023 Graduation Rate

100%

1 Graduates

About

Alaska Bible College is a higher education institution located in Matanuska-Susitna Borough, AK. In 2023, the most popular Bachelors Degree concentrations at Alaska Bible College were Biblical Studies (3 degrees awarded).

In 2023, 4 degrees were awarded across all undergraduate and graduate programs at Alaska Bible College. 50% of these degrees were awarded to women, and 50% awarded men. The most common race/ethnicity group of degree recipients was white (3 degrees), 3 times more than then the next closest race/ethnicity group, asian (1 degrees).

The median undergraduate tuition at Alaska Bible College is $10,200, which is $−4,964 less than the national average for Special Focus Institutions ($15,164).

In 2020 the default rate for borrower's at Alaska Bible College was 0%, corresponding to 0 out of the 19 total borrowers.

Special Focus Four-Year: Faith-Related Institutions Special Focus Institutions

Costs

In 2023, the median undergraduate tuition at Alaska Bible College is $10,200, which is $4,964 less than the national average for Special Focus Institutions ($15,164).

After taking grants and loans into account, the average net price for students is $14,844.

In 2023, 82% of undergraduate students attending Alaska Bible College received financial aid through grants. Comparatively, 13% of undergraduate students received financial aid through loans.

Tuition Costs

$10,200

2023 Undergraduate Tuition

In 2023, the cost of tuition at Alaska Bible College was $10,200. The cost of tuition at Alaska Bible College is $−4,964 less than than the overall (public and private) national average for Special Focus Institutions ($15,164).

This chart compares the tuition costs of Alaska Bible College (in red) with those of other similar universities.

Average Net Price

$14,844

2023 Value

13.5%

1 Year Growth

In 2023 Alaska Bible College had an average net price — the price paid after factoring in grants and loans — of $14,844. Between 2022 and 2023, the average net price of Alaska Bible College grew by 13.5%.

This chart compares the average net price of Alaska Bible College (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.

Other Student Expenses

$9,660

Room and Board

$400

Books and Supplies

The average yearly cost of room and board at Alaska Bible College was of $9,660 in 2023. The cost of room and board increased by 19.5% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $400. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Alaska Bible College (in red) with that of similar universities.

Financial Aid by Income Level

82%

Undergraduates Receiving Financial Aid through Grants

13%

Undergraduates Receiving Financial Aid through Loans

82% of undergraduate students at Alaska Bible College received financial aid through grants or loans in 2023. This represents a decline of 7.87% with respect to 2022, when 89% of undergraduate students received financial aid.

This chart compares the average award discount at Alaska Bible College (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.

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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Alaska Bible College was 0%, which represents 0 out of the 19 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.

Enrollment

Alaska Bible College had a total enrollment of 65 students in 2023. The full-time enrollment at Alaska Bible College is 18 students and the part-time enrollment is 47. This means that 27.7% of students enrolled at Alaska Bible College are enrolled full-time.

The enrolled student population at Alaska Bible College, both undergraduate and graduate, is 75.4% White, 7.69% Black or African American, 6.15% Two or More Races, 4.62% Hispanic or Latino, 3.08% American Indian or Alaska Native, and 3.08% Asian.

Students enrolled at Alaska Bible College in full-time Undergraduate programs are most commonly White Male (48.7%), followed by White Female (38.5%) and Black or African American Male (5.13%).

Full-Time vs Part-Time Enrollment

27.7%

Full-Time Enrollment

The total enrollment at Alaska Bible College in 2023, both undergraduate and graduate, is 65 students. The full-time enrollment at Alaska Bible College is 18 and the part-time enrollment is 47. This means that 27.7% of students enrolled at Alaska Bible College are enrolled full-time compared with 70.4% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Alaska Bible College (in red) compares to similar universities.

Retention Rate over Time

33%

2023 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 Alaska Bible College was 33%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Alaska Bible College had a retention rate lower than its peers.

This chart shows the retention rate over time at Alaska Bible College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
49 enrolled students
Black or African American
5 enrolled students
Two or More Races
4 enrolled students

The enrolled student population at Alaska Bible College is 75.4% White, 7.69% Black or African American, 6.15% Two or More Races, 4.62% Hispanic or Latino, 3.08% American Indian or Alaska Native, and 3.08% Asian. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 41.6% White, 19.6% Hispanic or Latino, and 14.5% Black or African American.

Graduates

In 2023, 0 more women than men received degrees from Alaska Bible College. The most common race/ethnicity group of degree recipients at Alaska Bible College is white (3 degrees awarded). There were 3 times more white recipients than the next closest race/ethnicity group, asian (1 degrees).

The most common Bachelor's Degree concentration at Alaska Bible College is Biblical Studies (3 degrees awarded).

In 2023, the most specialized majors across all degree types at Alaska Bible College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (4 degrees awarded) and Education (0 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Alaska Bible College are Elementary & middle school teachers (1,439,743 people), Secondary school teachers (455,616 people), Education administrators (236,072 people), Special education teachers (194,018 people), and Preschool & kindergarten teachers (178,484 people).

The most specialized majors at Alaska Bible College in 2023 are Theology (4 degrees awarded) and Education (0 degrees) (as of 2023).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Alaska Bible College are Surgeons, Cardiovascular technologists and technicians, Physicians, Diagnostic medical sonographers, and Magnetic resonance imaging technologists

The most specialized majors at Alaska Bible College are Theology (4 degrees awarded) and Education (0 degrees) (as of 2023).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Alaska Bible College are Elementary & secondary schools (2,602,583 people), Colleges, universities & professional schools, including junior colleges (188,586 people), Religious organizations (122,792 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (94,864 people), and Child day care services (94,174 people).

The most specialized majors at Alaska Bible College are Theology (4 degrees awarded) and Education (0 degrees) (as of 2023).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Alaska Bible College.

Biblical Studies

Most Common (2023)

3 degrees awarded

In 2023, the most common bachelors degree concentration at Alaska Bible College was Biblical Studies with 3 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Alaska Bible College according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 2 degrees were awarded to men at Alaska Bible College, which is 1 times approximately the same the number of degrees awarded to females (2).

This chart displays the sex disparity between the top 5 majors at Alaska Bible College by degrees awarded.

Most Common Male Majors

In 2023, 2 degrees were awarded to men at Alaska Bible College in Biblical Studies, which is 1 times approximately the same the 2 female recipients with that same degree.

Most Common Female Majors

In 2023, 2 degrees were awarded to men at Alaska Bible College in Biblical Studies, which is 1 times approximately the same the 2 male recipients with that same degree.

Time to Complete

N/A%

100% Completion Time

33%

150% Completion Time

In 2023, N/A% of students graduating from Alaska Bible College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 33% completed their degrees within 150% of the normal time, and 33% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Alaska Bible College is Female and White (100% graduation rate). Across all Special Focus Institutions, Non-resident Alien Male students have the highest graduation rate (65.7%).

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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
3 degrees awarded
Asian
1 degrees awarded

The most common race/ethnicity at Alaska Bible College is white (3 degrees awarded). There were 3 times more white recipients than the next closest race/ethnicity group, asian (1 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Male
2 degrees awarded
White Female
1 degrees awarded
Asian Female
1 degrees awarded

The most common race/ethnicity and sex grouping at Alaska Bible College is white male (2 degrees awarded). There were 2 times more white male recipients than the next closest race/ethnicity group, white female (1 degrees).

Operations

Alaska Bible College has an endowment valued at nearly $1.75M, as of the end of the 2023 fiscal year. The return on its endowment was of −39.6k (−2.27%) compared to the 1.93% average return (240k on 12.4M) across all Special Focus Institutions.

In 2023, Alaska Bible College had a total salary expenditure of 884k. Alaska Bible College employs 3 Associate professors. Most academics at Alaska Bible College are Male Associate professor (2), and Female Associate professor (1).

The most common positions for non-instructional staff at Alaska Bible College are: Business and Financial Operations, with 2 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 2 employees, and Natural Resources, Construction, and Maintenance with 1 employees.

Endowment

$1.75M

2023 Endowment

1.63%

decline from 2022

Alaska Bible College has an endowment valued at about $1.75M, as of the end of the 2023 fiscal year. The endowment of Alaska Bible College declined 1.63% from the previous year. The value of their endowment was $10.7M lower than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Alaska Bible College (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.

Salary Expenditure

$574k

2023 Salaries

9.93%

decline from 2022

In 2023, Alaska Bible College paid a median of $574k in salaries, which represents 65% of their overall expenditure ($884k) and a 9.93% decline from the previous year. This is compared to a 9.95% growth between 2021 and 2022, and a 10.4% growth between 2020 and 2021.

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

Instructional Salaries

$90k

Instructional Salaries

Number of Employees

In 2019, Alaska Bible College paid a total of $90k to 3 employees working as instructors, which represents 28.9% of all salaries paid.

This is compared to a median of $208k (5.9%) for similar Special Focus Institutions.

Occupations by Share

Associate professor

Most Common Instructor

3 Employees

Business and Financial Operations

Most Common Non-Instructional Employee

2 Employees

In 2019, the most common positions for instructional staff at Alaska Bible College was Associate professor with 3 employees.

In 2023, the most common positions for non-instructional staff at Alaska Bible College were Business and Financial Operations with 2 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 2 employees, and Natural Resources, Construction, and Maintenance with 1 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2019)

Male Associate professor
Female Associate professor

In 2019, the most common demographic for instructional staff at Alaska Bible College was Male Associate professor with 2 employees, and Female Associate professor with 1 employees.

This chart shows the sex split between each academic rank present at Alaska Bible College.

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