Heritage Bible College (198677)

www.heritagebiblecollege.edu

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2023 Undergraduate Tuition

$7,920

4.76% growth from 2022

2023 Average Net Price

$14,219

After Financial Aid

2020 Default Rate

8.33%

on Student Loans

2023 Enrolled Students

36.4% Full-Time

2023 Graduation Rate

25%

1 Graduates

About

Heritage Bible College (198677) is a higher education institution located in Harnett County, NC. In 2023, the most popular Bachelors Degree concentrations at Heritage Bible College (198677) were Other Theology & Religious Vocations (5 degrees awarded).

In 2023, 9 degrees were awarded across all undergraduate and graduate programs at Heritage Bible College (198677). 55.6% of these degrees were awarded to women, and 44.4% awarded men. The most common race/ethnicity group of degree recipients was white (5 degrees), 1.25 times more than then the next closest race/ethnicity group, black or african american (4 degrees).

The median undergraduate tuition at Heritage Bible College (198677) is $7,920, which is $−7,244 less than the national average for Special Focus Institutions ($15,164).

In 2020 the default rate for borrower's at Heritage Bible College (198677) was 8.33%, corresponding to 4 out of the 48 total borrowers.

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

Costs

In 2023, the median undergraduate tuition at Heritage Bible College (198677) is $7,920, which is $7,244 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 $14,219.

In 2023, 100% of undergraduate students attending Heritage Bible College (198677) received financial aid through grants. Comparatively, 96% of undergraduate students received financial aid through loans.

Tuition Costs

$7,920

2023 Undergraduate Tuition

In 2023, the cost of tuition at Heritage Bible College (198677) was $7,920. The cost of tuition at Heritage Bible College (198677) is $−7,244 less than than the overall (public and private) national average for Special Focus Institutions ($15,164).

This chart compares the tuition costs of Heritage Bible College (198677) (in red) with those of other similar universities.

Average Net Price

$14,219

2023 Value

In 2023 Heritage Bible College (198677) had an average net price — the price paid after factoring in grants and loans — of $14,219.

This chart compares the average net price of Heritage Bible College (198677) (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

$9,918

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Heritage Bible College (198677) was of $9,918 in 2023. The cost of room and board did not change between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,000. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Heritage Bible College (198677) (in red) with that of similar universities.

Financial Aid by Income Level

100%

Undergraduates Receiving Financial Aid through Grants

96%

Undergraduates Receiving Financial Aid through Loans

100% of undergraduate students at Heritage Bible College (198677) received financial aid through grants or loans in 2023. This represents a growth of 33.3% with respect to 2022, when 75% of undergraduate students received financial aid.

This chart compares the average award discount at Heritage Bible College (198677) (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.

8.33%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Heritage Bible College (198677) was 8.33%, which represents 4 out of the 48 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

Heritage Bible College (198677) had a total enrollment of 33 students in 2023. The full-time enrollment at Heritage Bible College (198677) is 12 students and the part-time enrollment is 21. This means that 36.4% of students enrolled at Heritage Bible College (198677) are enrolled full-time.

The enrolled student population at Heritage Bible College (198677), both undergraduate and graduate, is 48.5% Black or African American, 48.5% White, and 3.03% Hispanic or Latino.

Students enrolled at Heritage Bible College (198677) in full-time Undergraduate programs are most commonly Black or African American Female (35.7%), followed by White Male (32.1%) and White Female (14.3%). Students enrolled in full-time Graduate programs are most commonly Black or African American Female (100%).

Full-Time vs Part-Time Enrollment

36.4%

Full-Time Enrollment

The total enrollment at Heritage Bible College (198677) in 2023, both undergraduate and graduate, is 33 students. The full-time enrollment at Heritage Bible College (198677) is 12 and the part-time enrollment is 21. This means that 36.4% of students enrolled at Heritage Bible College (198677) 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 Heritage Bible College (198677) (in red) compares to similar universities.

Retention Rate over Time

67%

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 Heritage Bible College (198677) was 67%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Heritage Bible College (198677) had a retention rate lower than its peers.

This chart shows the retention rate over time at Heritage Bible College (198677) (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

Black or African American
16 enrolled students
White
16 enrolled students
Hispanic or Latino
1 enrolled students

The enrolled student population at Heritage Bible College (198677) is 48.5% Black or African American, 48.5% White, and 3.03% Hispanic or Latino. 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, 1 more women than men received degrees from Heritage Bible College (198677). The most common race/ethnicity group of degree recipients at Heritage Bible College (198677) is white (5 degrees awarded). There were 1.25 times more white recipients than the next closest race/ethnicity group, black or african american (4 degrees).

The most common Bachelor's Degree concentration at Heritage Bible College (198677) is Other Theology & Religious Vocations (5 degrees awarded).

In 2023, the most specialized majors across all degree types at Heritage Bible College (198677), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (9 degrees awarded).

Common Jobs by Major

Clergy

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Heritage Bible College (198677) are Clergy (75,482 people), Elementary & middle school teachers (8,918 people), Other managers (7,258 people), Education administrators (4,917 people), and Secondary school teachers (4,604 people).

The most specialized majors at Heritage Bible College (198677) in 2023 are Theology (9 degrees awarded) (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 Heritage Bible College (198677) are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Heritage Bible College (198677) are Theology (9 degrees awarded) (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 Heritage Bible College (198677) are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

The most specialized majors at Heritage Bible College (198677) are Theology (9 degrees awarded) (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 Heritage Bible College (198677).

Other Theology & Religious Vocations

Most Common (2023)

5 degrees awarded

In 2023, the most common bachelors degree concentration at Heritage Bible College (198677) was Other Theology & Religious Vocations with 5 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Heritage Bible College (198677) according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 4 degrees were awarded to men at Heritage Bible College (198677), which is 0.8 times less than the number of degrees awarded to females (5).

This chart displays the sex disparity between the top 5 majors at Heritage Bible College (198677) by degrees awarded.

Most Common Male Majors

In 2023, 4 degrees were awarded to men at Heritage Bible College (198677) in Other Theology & Religious Vocations, which is 0.8 times less than the 5 female recipients with that same degree.

Most Common Female Majors

In 2023, 5 degrees were awarded to men at Heritage Bible College (198677) in Other Theology & Religious Vocations, which is 1.25 times more than the 4 male recipients with that same degree.

Time to Complete

25%

100% Completion Time

25%

150% Completion Time

In 2023, 25% of students graduating from Heritage Bible College (198677) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 25% completed their degrees within 150% of the normal time, and 25% 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 (33.3%)

The student demographic with the highest graduation rate in 2023 at Heritage Bible College (198677) is Female and White (33.3% 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
5 degrees awarded
Black or African American
4 degrees awarded

The most common race/ethnicity at Heritage Bible College (198677) is white (5 degrees awarded). There were 1.25 times more white recipients than the next closest race/ethnicity group, black or african american (4 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

Black or African American Female
3 degrees awarded
White Male
3 degrees awarded
White Female
2 degrees awarded

The most common race/ethnicity and sex grouping at Heritage Bible College (198677) is black or african american female (3 degrees awarded). There were 1 times more black or african american female recipients than the next closest race/ethnicity group, white male (3 degrees).

Operations

Heritage Bible College (198677) has an endowment valued at nearly $10.5k, as of the end of the 2023 fiscal year. The return on its endowment was of 1.4k (13.3%) compared to the 1.93% average return (240k on 12.4M) across all Special Focus Institutions.

In 2023, Heritage Bible College (198677) had a total salary expenditure of 440k. Heritage Bible College (198677) employs 4 Professors. Most academics at Heritage Bible College (198677) are Male Professor (2), and Female Professor (2).

The most common positions for non-instructional staff at Heritage Bible College (198677) are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 3 employees, Business and Financial Operations, with 1 employees, and Management with 1 employees.

Endowment

$10.5k

2023 Endowment

285%

growth from 2022

Heritage Bible College (198677) has an endowment valued at about $10.5k, as of the end of the 2023 fiscal year. The endowment of Heritage Bible College (198677) grew 285% from the previous year. The value of their endowment was $12.4M lower than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Heritage Bible College (198677) (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

$314k

2023 Salaries

19.2%

growth from 2022

In 2023, Heritage Bible College (198677) paid a median of $314k in salaries, which represents 71.4% of their overall expenditure ($440k) and a 19.2% growth from the previous year. This is compared to a 6.23% decline between 2021 and 2022, and a 4.3% decline 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 2023, Heritage Bible College (198677) paid a total of $90k to 4 employees working as instructors, which represents 28.7% of all salaries paid.

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

Occupations by Share

Professor

Most Common Instructor

4 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

3 Employees

In 2023, the most common positions for instructional staff at Heritage Bible College (198677) was Professor with 4 employees.

In 2023, the most common positions for non-instructional staff at Heritage Bible College (198677) were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 3 employees, Business and Financial Operations with 1 employees, and Management with 1 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Professor
Female Professor

In 2023, the most common demographic for instructional staff at Heritage Bible College (198677) was Male Professor with 2 employees, and Female Professor with 2 employees.

This chart shows the sex split between each academic rank present at Heritage Bible College (198677).

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