Faith Baptist Bible College and Theological Seminary

https://www.faith.edu

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2023 Undergraduate Tuition
$18,740
4.17% growth from 2022
2023 Average Net Price
$18,288
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Acceptance Rate
49.7%
308 Applicants
2023 Enrolled Students
586
61.1% Full-Time
2023 Graduation Rate
48%
24 Graduates

About

Faith Baptist Bible College and Theological Seminary is a higher education institution located in Polk County, IA. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Faith Baptist Bible College and Theological Seminary were Biblical Studies (9 degrees awarded).

In 2023, 73 degrees were awarded across all undergraduate and graduate programs at Faith Baptist Bible College and Theological Seminary. 47.9% of these degrees were awarded to women, and 52.1% awarded men. The most common race/ethnicity group of degree recipients was white (60 degrees), 7.5 times more than then the next closest race/ethnicity group, two or more races (8 degrees).

The median undergraduate tuition at Faith Baptist Bible College and Theological Seminary is $18,740, which is $3,576 more than the national average for Special Focus Institutions ($15,164).

In 2020 the default rate for borrower's at Faith Baptist Bible College and Theological Seminary was 0%, corresponding to 0 out of the 59 total borrowers.

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

Costs

In 2023, the median undergraduate tuition at Faith Baptist Bible College and Theological Seminary is $18,740, which is $3,576 more than the national average for Special Focus Institutions ($15,164).

After taking grants and loans into account, the average net price for students is $18,288.

In 2023, 87% of undergraduate students attending Faith Baptist Bible College and Theological Seminary received financial aid through grants. Comparatively, 26% of undergraduate students received financial aid through loans.

Tuition Costs

$18,740
2023 Undergraduate Tuition

In 2023, the cost of tuition at Faith Baptist Bible College and Theological Seminary was $18,740. The cost of tuition at Faith Baptist Bible College and Theological Seminary is $3,576 more than than the overall (public and private) national average for Special Focus Institutions ($15,164).

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Average Net Price

$18,288
2023 Value
23.2%
1 Year Growth

In 2023 Faith Baptist Bible College and Theological Seminary had an average net price — the price paid after factoring in grants and loans — of $18,288. Between 2022 and 2023, the average net price of Faith Baptist Bible College and Theological Seminary grew by 23.2%.

This chart compares the average net price of Faith Baptist Bible College and Theological Seminary (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

$7,540
Room and Board
$1,323
Books and Supplies

The average yearly cost of room and board at Faith Baptist Bible College and Theological Seminary was of $7,540 in 2023. The cost of room and board increased by 3.03% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,323. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

87%
Undergraduates Receiving Financial Aid through Grants
26%
Undergraduates Receiving Financial Aid through Loans

87% of undergraduate students at Faith Baptist Bible College and Theological Seminary received financial aid through grants or loans in 2023. This represents a growth of 7.41% with respect to 2022, when 81% of undergraduate students received financial aid.

This chart compares the average award discount at Faith Baptist Bible College and Theological Seminary (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.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Faith Baptist Bible College and Theological Seminary was 0%, which represents 0 out of the 59 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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Admissions

Faith Baptist Bible College and Theological Seminary received 308 undergraduate applications in 2023, which represents a 7.69% annual growth. Out of those 308 applicants, 153 students were accepted for enrollment, representing a 49.7% acceptance rate.

There were 586 students enrolled at Faith Baptist Bible College and Theological Seminary in 2023. 13% of first-time enrollees submitted SAT scores with their applications.

Faith Baptist Bible College and Theological Seminary has an overall enrollment yield of 79.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

49.7%
Acceptance Rate in 2023
153
Accepted Out of 308

In 2023, the undergraduate acceptance rate of Faith Baptist Bible College and Theological Seminary was 49.7% (153 admissions from 308 applications). This is lower than the acceptance rate of 2022, which was 52.4%. Between 2022 and 2023, the number of applicants grew by 7.69%, while admissions grew by 2%.

This chart compares the acceptance rate of Faith Baptist Bible College and Theological Seminary (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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SAT Scores

13%
Submission Percentage (2023)
15
Scores Submitted (2023)

13% of enrolled first-time students at Faith Baptist Bible College and Theological Seminary in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

Faith Baptist Bible College and Theological Seminary had a total enrollment of 586 students in 2023. The full-time enrollment at Faith Baptist Bible College and Theological Seminary is 358 students and the part-time enrollment is 228. This means that 61.1% of students enrolled at Faith Baptist Bible College and Theological Seminary are enrolled full-time.

The enrolled student population at Faith Baptist Bible College and Theological Seminary, both undergraduate and graduate, is 83.6% White, 4.27% Hispanic or Latino, 3.75% Two or More Races, 1.88% Asian, 1.19% Black or African American, 0.171% Native Hawaiian or Other Pacific Islanders, and 0.171% American Indian or Alaska Native.

Students enrolled at Faith Baptist Bible College and Theological Seminary in full-time Undergraduate programs are most commonly White Female (44.6%), followed by White Male (39.7%) and Two or More Races Female (2.58%). Students enrolled in full-time Graduate programs are most commonly White Male (66%), followed by White Female (12%) and Hispanic or Latino Male (4%).

Full-Time vs Part-Time Enrollment

61.1%
Full-Time Enrollment

The total enrollment at Faith Baptist Bible College and Theological Seminary in 2023, both undergraduate and graduate, is 586 students. The full-time enrollment at Faith Baptist Bible College and Theological Seminary is 358 and the part-time enrollment is 228. This means that 61.1% of students enrolled at Faith Baptist Bible College and 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 Faith Baptist Bible College and Theological Seminary (in red) compares to similar universities.

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Retention Rate over Time

80%
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 Faith Baptist Bible College and Theological Seminary was 80%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Faith Baptist Bible College and Theological Seminary had a retention rate higher than its peers.

This chart shows the retention rate over time at Faith Baptist Bible College and Theological Seminary (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    490 enrolled students
  2. Hispanic or Latino
    25 enrolled students
  3. Two or More Races
    22 enrolled students

The enrolled student population at Faith Baptist Bible College and Theological Seminary is 83.6% White, 4.27% Hispanic or Latino, 3.75% Two or More Races, 1.88% Asian, 1.19% Black or African American, 0.171% Native Hawaiian or Other Pacific Islanders, and 0.171% 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, 10 students (1.71%) did not report their race.

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Graduates

In 2023, 3 fewer women than men received degrees from Faith Baptist Bible College and Theological Seminary. The most common race/ethnicity group of degree recipients at Faith Baptist Bible College and Theological Seminary is white (60 degrees awarded). There were 7.5 times more white recipients than the next closest race/ethnicity group, two or more races (8 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Faith Baptist Bible College and Theological Seminary is Biblical Studies (9 degrees awarded).

In 2023,  the most specialized majors across all degree types at Faith Baptist Bible College and Theological Seminary, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (49 degrees awarded), Philosophy and Religious Studies (2 degrees), and Education (7 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 Faith Baptist Bible College and Theological Seminary are Elementary & middle school teachers (1,602,698 people), Accountants & auditors (1,028,420 people), Other managers (771,595 people), Secondary school teachers (540,135 people), and Financial managers (526,168 people).

The most specialized majors at Faith Baptist Bible College and Theological Seminary in 2023 are Theology (49 degrees awarded), Philosophy and Religious Studies (2 degrees), Education (7 degrees), and Business (15 degrees) (as of 2023).

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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 Faith Baptist Bible College and Theological Seminary are Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, Dentists, and Physicians

The most specialized majors at Faith Baptist Bible College and Theological Seminary are Theology (49 degrees awarded), Philosophy and Religious Studies (2 degrees), Education (7 degrees), and Business (15 degrees) (as of 2023).

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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 Faith Baptist Bible College and Theological Seminary are Elementary & secondary schools (3,064,450 people), Colleges, universities & professional schools, including junior colleges (530,772 people), Computer Systems Design (526,632 people), Banking & related activities (494,672 people), and Securities, commodities, funds, trusts & other financial investments (421,296 people).

The most specialized majors at Faith Baptist Bible College and Theological Seminary are Theology (49 degrees awarded), Philosophy and Religious Studies (2 degrees), Education (7 degrees), and Business (15 degrees) (as of 2023).

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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 Faith Baptist Bible College and Theological Seminary.
Most Common (2023)
  1. Organizational Leadership
    9 degrees awarded
  2. Other Theological & Ministerial Studies
    7 degrees awarded
  3. Biblical Studies
    7 degrees awarded

In 2023, the most common bachelors degree concentration at Faith Baptist Bible College and Theological Seminary was Organizational Leadership with 9 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Faith Baptist Bible College and Theological Seminary according to their major.

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Sex Breakdown for Common Majors

38
Degrees Awarded to Men
in 2023
35
Degrees Awarded to Women
in 2023

In 2023, 38 degrees were awarded to men at Faith Baptist Bible College and Theological Seminary, which is 1.09 times more than the number of degrees awarded to females (35).

This chart displays the sex disparity between the top 5 majors at Faith Baptist Bible College and Theological Seminary by degrees awarded.

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Most Common Male Majors

In 2023, 14 degrees were awarded to men at Faith Baptist Bible College and Theological Seminary in Biblical Studies, which is 1.08 times more than the 13 female recipients with that same degree.

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Most Common Female Majors

In 2023, 13 degrees were awarded to men at Faith Baptist Bible College and Theological Seminary in Biblical Studies, which is 0.929 times less than the 14 male recipients with that same degree.

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Time to Complete

45%
100% Completion Time
53%
150% Completion Time

In 2023, 45% of students graduating from Faith Baptist Bible College and Theological Seminary completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 53% completed their degrees within 150% of the normal time, and 55% 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Two or More Races Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Faith Baptist Bible College and Theological Seminary is Female and Two or More Races (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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    60 degrees awarded
  2. Two or More Races
    8 degrees awarded
  3. Black or African American
    2 degrees awarded

The most common race/ethnicity at Faith Baptist Bible College and Theological Seminary is white (60 degrees awarded). There were 7.5 times more white recipients than the next closest race/ethnicity group, two or more races (8 degrees).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    30 degrees awarded
  2. White Male
    30 degrees awarded
  3. Two or More Races Male
    4 degrees awarded

The most common race/ethnicity and sex grouping at Faith Baptist Bible College and Theological Seminary is white female (30 degrees awarded). There were 1 times more white female recipients than the next closest race/ethnicity group, white male (30 degrees).

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Operations

Faith Baptist Bible College and Theological Seminary has an endowment valued at nearly $4.73M, as of the end of the 2023 fiscal year. The return on its endowment was of 964k (20.4%) compared to the 1.93% average return (240k on 12.4M) across all Special Focus Institutions.

In 2023, Faith Baptist Bible College and Theological Seminary had a total salary expenditure of 9.29M. Faith Baptist Bible College and Theological Seminary employs 9 Assistant professors, 6 Professors and 5 Associate professors. Most academics at Faith Baptist Bible College and Theological Seminary are Male Professor (6), Male Assistant professor (5), and Male Associate professor (4).

The most common positions for non-instructional staff at Faith Baptist Bible College and Theological Seminary are: Management, with 19 employees, Office and Administrative Support, with 16 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 6 employees.

Endowment

$4.73M
2023 Endowment
10.1%
growth from 2022

Faith Baptist Bible College and Theological Seminary has an endowment valued at about $4.73M, as of the end of the 2023 fiscal year. The endowment of Faith Baptist Bible College and Theological Seminary grew 10.1% from the previous year. The value of their endowment was $7.72M lower than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Faith Baptist Bible College and 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.

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Salary Expenditure

$3.94M
2023 Salaries
4.81%
growth from 2022

In 2023, Faith Baptist Bible College and Theological Seminary paid a median of $3.94M in salaries, which represents 42.4% of their overall expenditure ($9.29M) and a 4.81% growth from the previous year. This is compared to a 7.1% growth between 2021 and 2022, and a 3.16% growth between 2020 and 2021.

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

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Instructional Salaries

$1.02M
Instructional Salaries
20
Number of Employees

In 2023, Faith Baptist Bible College and Theological Seminary paid a total of $1.02M to 20 employees working as instructors, which represents 25.9% of all salaries paid.

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

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Occupations by Share

Assistant professor
Most Common Instructor
9 Employees
Management
Most Common Non-Instructional Employee
19 Employees

In 2023, the most common positions for instructional staff at Faith Baptist Bible College and Theological Seminary were Assistant professor with 9 employees, Professor with 6 employees, and Associate professor with 5 employees.

In 2023, the most common positions for non-instructional staff at Faith Baptist Bible College and Theological Seminary were Management with 19 employees, Office and Administrative Support with 16 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 6 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2023)
  1. Male Professor
  2. Male Assistant professor
  3. Male Associate professor

In 2023, the most common demographic for instructional staff at Faith Baptist Bible College and Theological Seminary was Male Professor with 6 employees, Male Assistant professor with 5 employees, and Male Associate professor with 4 employees.

This chart shows the sex split between each academic rank present at Faith Baptist Bible College and Theological Seminary.

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