Covenant Theological Seminary

www.covenantseminary.edu

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2020 Default Rate

on Student Loans

2023 Enrolled Students

607

32.1% Full-Time

About

Covenant Theological Seminary is a higher education institution located in St. Louis County, MO. In 2023, the most popular Masters Degree concentrations at Covenant Theological Seminary were Counseling Psychology (26 degrees awarded), Divinity & Ministry (24 degrees), and Theological Studies (21 degrees).

In 2023, 105 degrees were awarded across all undergraduate and graduate programs at Covenant Theological Seminary. 40% of these degrees were awarded to women, and 60% awarded men. The most common race/ethnicity group of degree recipients was white (76 degrees), 10.9 times more than then the next closest race/ethnicity group, black or african american (7 degrees).

In 2020 the default rate for borrower's at Covenant Theological Seminary was 0%, corresponding to 0 out of the 65 total borrowers.

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

Costs

Tuition Costs

2023 Undergraduate Tuition

In 2023, the cost of tuition at Covenant Theological Seminary was $0. The cost of tuition at Covenant Theological Seminary is $−15,164 less than than the overall (public and private) national average for Special Focus Institutions ($15,164).

This chart compares the tuition costs of Covenant Theological Seminary (in red) with those of other similar universities.

Other Student Expenses

The average yearly cost of room and board at Covenant Theological Seminary was of $0 in 2023. The cost of room and board remained the same by NaNk% between 2022 and 2023.

This chart compares the average student costs at Covenant Theological Seminary (in red) with that of similar universities.

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 Covenant Theological Seminary was 0%, which represents 0 out of the 65 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

Covenant Theological Seminary had a total enrollment of 607 students in 2023. The full-time enrollment at Covenant Theological Seminary is 195 students and the part-time enrollment is 412. This means that 32.1% of students enrolled at Covenant Theological Seminary are enrolled full-time.

The enrolled student population at Covenant Theological Seminary, both undergraduate and graduate, is 73.6% White, 7.91% Asian, 7.58% Black or African American, 3.29% Hispanic or Latino, 2.97% Two or More Races, and 0.494% American Indian or Alaska Native.

Students enrolled in full-time Graduate programs are most commonly White Male (45.6%), followed by White Female (29%) and Asian Male (4.75%).

Full-Time vs Part-Time Enrollment

32.1%

Full-Time Enrollment

The total enrollment at Covenant Theological Seminary in 2023, both undergraduate and graduate, is 607 students. The full-time enrollment at Covenant Theological Seminary is 195 and the part-time enrollment is 412. This means that 32.1% of students enrolled at Covenant Theological Seminary 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 Covenant Theological Seminary (in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
447 enrolled students
Asian
48 enrolled students
Black or African American
46 enrolled students

The enrolled student population at Covenant Theological Seminary is 73.6% White, 7.91% Asian, 7.58% Black or African American, 3.29% Hispanic or Latino, 2.97% Two or More Races, and 0.494% 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 41.6% White, 19.6% Hispanic or Latino, and 14.5% 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, 20 students (3.29%) did not report their race.

Graduates

In 2023, 21 fewer women than men received degrees from Covenant Theological Seminary. The most common race/ethnicity group of degree recipients at Covenant Theological Seminary is white (76 degrees awarded). There were 10.9 times more white recipients than the next closest race/ethnicity group, black or african american (7 degrees).

The most common Masters Degree concentration at Covenant Theological Seminary is Counseling Psychology (26 degrees awarded), followed by Divinity & Ministry (24 degrees) and Theological Studies (21 degrees).

In 2023, the most specialized majors across all degree types at Covenant Theological Seminary, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (79 degrees awarded) and Psychology (26 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 Covenant Theological Seminary are Elementary & middle school teachers (113,119 people), Other managers (98,363 people), Social workers, all other (92,424 people), Clergy (88,527 people), and Educational, guidance, and career counselors and advisors (69,976 people).

The most specialized majors at Covenant Theological Seminary in 2023 are Theology (79 degrees awarded) and Psychology (26 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 Covenant Theological Seminary are Surgeons, Cardiovascular technologists and technicians, Physicians, Diagnostic medical sonographers, and Magnetic resonance imaging technologists

The most specialized majors at Covenant Theological Seminary are Theology (79 degrees awarded) and Psychology (26 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 Covenant Theological Seminary are Elementary & secondary schools (350,751 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (172,555 people), Colleges, universities & professional schools, including junior colleges (167,174 people), Outpatient care centers (148,292 people), and Individual & family services (124,115 people).

The most specialized majors at Covenant Theological Seminary are Theology (79 degrees awarded) and Psychology (26 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 Covenant Theological Seminary.

Most Common (2023)

Counseling Psychology
26 degrees awarded
Divinity & Ministry
24 degrees awarded
Theological Studies
21 degrees awarded

In 2023, the most common masters degree concentration at Covenant Theological Seminary was Counseling Psychology with 26 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from masters degree programs at Covenant Theological Seminary according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 63 degrees were awarded to men at Covenant Theological Seminary, which is 1.5 times more than the number of degrees awarded to females (42).

This chart displays the sex disparity between the top 5 majors at Covenant Theological Seminary by degrees awarded.

Most Common Male Majors

In 2023, 20 degrees were awarded to men at Covenant Theological Seminary in Divinity & Ministry, which is 5 times more than the 4 female recipients with that same degree.

Most Common Female Majors

In 2023, 17 degrees were awarded to men at Covenant Theological Seminary in Counseling Psychology, which is 1.89 times more than the 9 male recipients with that same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
76 degrees awarded
Black or African American
7 degrees awarded
Asian
5 degrees awarded

The most common race/ethnicity at Covenant Theological Seminary is white (76 degrees awarded). There were 10.9 times more white recipients than the next closest race/ethnicity group, black or african american (7 degrees).

8.57% of degree recipients (9 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Male
43 degrees awarded
White Female
33 degrees awarded
Black or African American Male
5 degrees awarded

The most common race/ethnicity and sex grouping at Covenant Theological Seminary is white male (43 degrees awarded). There were 1.3 times more white male recipients than the next closest race/ethnicity group, white female (33 degrees).

Operations

Covenant Theological Seminary has an endowment valued at nearly $44M, as of the end of the 2023 fiscal year. The return on its endowment was of 3.84M (8.72%) compared to the 1.93% average return (240k on 12.4M) across all Special Focus Institutions.

In 2023, Covenant Theological Seminary had a total salary expenditure of 9.23M. Covenant Theological Seminary employs 7 Professors, 6 Associate professors and 2 Assistant professors. Most academics at Covenant Theological Seminary are Male Associate professor (6), Male Professor (6), and Male Assistant professor (1).

The most common positions for non-instructional staff at Covenant Theological Seminary are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 12 employees, Management, with 8 employees, and Service with 7 employees.

Endowment

$44M

2023 Endowment

7.3%

growth from 2022

Covenant Theological Seminary has an endowment valued at about $44M, as of the end of the 2023 fiscal year. The endowment of Covenant Theological Seminary grew 7.3% from the previous year. The value of their endowment was $31.5M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Covenant Theological Seminary (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

$4.97M

2023 Salaries

9.87%

decline from 2022

In 2023, Covenant Theological Seminary paid a median of $4.97M in salaries, which represents 53.8% of their overall expenditure ($9.23M) and a 9.87% decline from the previous year. This is compared to a 3.45% growth between 2021 and 2022, and a 7.72% growth between 2020 and 2021.

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

Instructional Salaries

$1.19M

Instructional Salaries

Number of Employees

In 2023, Covenant Theological Seminary paid a total of $1.19M to 15 employees working as instructors, which represents 24% 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

7 Employees

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

Most Common Non-Instructional Employee

12 Employees

In 2023, the most common positions for instructional staff at Covenant Theological Seminary were Professor with 7 employees, Associate professor with 6 employees, and Assistant professor with 2 employees.

In 2023, the most common positions for non-instructional staff at Covenant Theological Seminary were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 12 employees, Management with 8 employees, and Service with 7 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Associate professor
Male Professor
Male Assistant professor

In 2023, the most common demographic for instructional staff at Covenant Theological Seminary was Male Associate professor with 6 employees, Male Professor with 6 employees, and Male Assistant professor with 1 employees.

This chart shows the sex split between each academic rank present at Covenant Theological Seminary.

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