Grace School of Theology

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2023 Undergraduate Tuition
$6,240
2020 Default Rate
1.96%
on Student Loans
2023 Enrolled Students
593
5.4% Full-Time

About

Grace School of Theology is a higher education institution located in Montgomery County, TX. In 2023, the most popular Masters Degree concentrations at Grace School of Theology were Other Theological & Ministerial Studies (31 degrees awarded), Biblical Studies (26 degrees), and Divinity & Ministry (7 degrees).

In 2023, 86 degrees were awarded across all undergraduate and graduate programs at Grace School of Theology. 30.2% of these degrees were awarded to women, and 69.8% awarded men. The most common race/ethnicity group of degree recipients was white (8 degrees), 1.14 times more than then the next closest race/ethnicity group, black or african american (7 degrees).

The median undergraduate tuition at Grace School of Theology is $6,240, which is $−8,924 less than the national average for Special Focus Institutions ($15,164).

In 2020 the default rate for borrower's at Grace School of Theology was 1.96%, corresponding to 1 out of the 51 total borrowers.

Costs

In 2023, the median undergraduate tuition at Grace School of Theology is $6,240, which is $8,924 less than the national average for Special Focus Institutions ($15,164).

In 2023, 14% of undergraduate students attending Grace School of Theology received financial aid through grants. Comparatively, 8% of undergraduate students received financial aid through loans.

Tuition Costs

$6,240
2023 Undergraduate Tuition

In 2023, the cost of tuition at Grace School of Theology was $6,240. The cost of tuition at Grace School of Theology is $−8,924 less than than the overall (public and private) national average for Special Focus Institutions ($15,164).

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Average Net Price

100%
1 Year Growth

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

$12,394
Room and Board
$5,000
Books and Supplies

The average yearly cost of room and board at Grace School of Theology was of $12,394 in 2023. The cost of room and board increased by 8.06% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $5,000. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

14%
Undergraduates Receiving Financial Aid through Grants
8%
Undergraduates Receiving Financial Aid through Loans

14% of undergraduate students at Grace School of Theology received financial aid through grants or loans in 2023. This represents a decline of 81.8% with respect to 2022, when 77% 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.
1.96%
2020 Default Rate
1
Number of Defaults

In 2020 the default rate for borrower's at Grace School of Theology was 1.96%, which represents 1 out of the 51 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 had a total enrollment of 593 students in 2023. The full-time enrollment at Grace School of Theology is 32 students and the part-time enrollment is 561. This means that 5.4% 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 14% White, 7.08% Black or African American, 2.87% Hispanic or Latino, 0.337% Asian, and 0.169% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Grace School of Theology in full-time Undergraduate programs are most commonly White Male (23.1%), followed by White Female (7.69%) and Hispanic or Latino Male (3.85%). Students enrolled in full-time Graduate programs are most commonly White Male (9.2%), followed by White Female (4.6%) and Black or African American Female (4.6%).

Full-Time vs Part-Time Enrollment

5.4%
Full-Time Enrollment

The total enrollment at Grace School of Theology in 2023, both undergraduate and graduate, is 593 students. The full-time enrollment at Grace School of Theology is 32 and the part-time enrollment is 561. This means that 5.4% of students enrolled at Grace School of Theology 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 Grace School of Theology (in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    83 enrolled students
  2. Black or African American
    42 enrolled students
  3. Hispanic or Latino
    17 enrolled students

The enrolled student population at Grace School of Theology is 14% White, 7.08% Black or African American, 2.87% Hispanic or Latino, 0.337% Asian, and 0.169% Native Hawaiian or Other Pacific Islanders. 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.

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Graduates

In 2023, 34 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 white (8 degrees awarded). There were 1.14 times more white recipients than the next closest race/ethnicity group, black or african american (7 degrees).

The most common Masters Degree concentration at Grace School of Theology is Other Theological & Ministerial Studies (31 degrees awarded), followed by Biblical Studies (26 degrees) and Divinity & Ministry (7 degrees).

In 2023,  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 (86 degrees awarded).

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 (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 Grace School of Theology in 2023 are Theology (86 degrees awarded) (as of 2023).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Grace School of Theology are Cardiovascular technologists and technicians, Physicians, Diagnostic medical sonographers, Securities, commodities, & financial services sales agents, and Lawyers, & judges, magistrates, & other judicial workers

The most specialized majors at Grace School of Theology are Theology (86 degrees awarded) (as of 2023).

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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 (82,746 people), Elementary & secondary schools (23,116 people), Colleges, universities & professional schools, including junior colleges (11,032 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (8,773 people), and Construction (8,294 people).

The most specialized majors at Grace School of Theology are Theology (86 degrees awarded) (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 Grace School of Theology.
Most Common (2023)
  1. 31 degrees awarded
  2. 26 degrees awarded
  3. 7 degrees awarded

In 2023, the most common masters degree concentration at Grace School of Theology was Other Theological & Ministerial Studies with 31 degrees awarded.

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

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Sex Breakdown for Common Majors

60
Degrees Awarded to Men
in 2023
26
Degrees Awarded to Women
in 2023

In 2023, 60 degrees were awarded to men at Grace School of Theology, which is 2.31 times more than the number of degrees awarded to females (26).

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 2023, 25 degrees were awarded to men at Grace School of Theology in Biblical Studies, which is 1.47 times more than the 17 female recipients with that same degree.

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Most Common Female Majors

In 2023, 17 degrees were awarded to men at Grace School of Theology in Biblical Studies, which is 0.68 times less than the 25 male recipients with that same degree.

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Time to Complete

N/A%
100% Completion Time
N/A%
150% Completion Time

In 2023, N/A% of students graduating from Grace School of Theology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, N/A% completed their degrees within 150% of the normal time, and N/A% 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.
American Indian or Alaska Native Male
Highest Graduation Rate (0%)

The student demographic with the highest graduation rate in 2021 at Grace School of Theology is Male and American Indian or Alaska Native (0% 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
    8 degrees awarded
  2. Black or African American
    7 degrees awarded
  3. Hispanic or Latino
    5 degrees awarded

The most common race/ethnicity at Grace School of Theology is white (8 degrees awarded). There were 1.14 times more white recipients than the next closest race/ethnicity group, black or african american (7 degrees).

75.6% of degree recipients (65 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. Black or African American Male
    6 degrees awarded
  2. Hispanic or Latino Male
    4 degrees awarded
  3. White Male
    4 degrees awarded

The most common race/ethnicity and sex grouping at Grace School of Theology is black or african american male (6 degrees awarded). There were 1.5 times more black or african american male recipients than the next closest race/ethnicity group, hispanic or latino male (4 degrees).

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Operations

Grace School of Theology employs 3 Professors, 2 Associate professors and 1 Assistant professors. Most academics at Grace School of Theology are Male Professor (3), Male Associate professor (2), and Male Assistant professor (1).

The most common positions for non-instructional staff at Grace School of Theology are: Business and Financial Operations, with 6 employees, Management, with 4 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 3 employees.

Salary Expenditure

$2.52M
2023 Salaries
7.26%
growth from 2022

In 2023, Grace School of Theology paid a median of $2.52M in salaries, a 7.26% growth from the previous year. This is compared to a 9.67% decline between 2021 and 2022, and a 5.38% 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

$435k
Instructional Salaries
6
Number of Employees

In 2023, Grace School of Theology paid a total of $435k to 6 employees working as instructors, which represents 17.3% 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

Professor
Most Common Instructor
3 Employees
Business and Financial Operations
Most Common Non-Instructional Employee
6 Employees

In 2023, the most common positions for instructional staff at Grace School of Theology were Professor with 3 employees, Associate professor with 2 employees, and Assistant professor with 1 employees.

In 2023, the most common positions for non-instructional staff at Grace School of Theology were Business and Financial Operations with 6 employees, Management with 4 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 3 employees.

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Instructors by Academic Rank and Sex

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

In 2023, the most common demographic for instructional staff at Grace School of Theology was Male Professor with 3 employees, Male Associate professor with 2 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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