Midwestern Baptist Theological Seminary

https://www.mbts.edu

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2023 Undergraduate Tuition
$10,020
9.87% growth from 2022
2023 Average Net Price
$25,380
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Acceptance Rate
94.3%
141 Applicants
2023 Enrolled Students
3,840
52.2% Full-Time
2023 Graduation Rate
66.7%
20 Graduates

About

Midwestern Baptist Theological Seminary is a higher education institution located in Clay County, MO. In 2023, the most popular Masters Degree concentrations at Midwestern Baptist Theological Seminary were Theological Studies (182 degrees awarded), Divinity & Ministry (174 degrees), and Pastoral Studies & Counseling (21 degrees).

In 2023, 700 degrees were awarded across all undergraduate and graduate programs at Midwestern Baptist Theological Seminary. 17.7% of these degrees were awarded to women, and 82.3% awarded men. The most common race/ethnicity group of degree recipients was white (444 degrees), 13.9 times more than then the next closest race/ethnicity group, hispanic or latino (32 degrees).

The median undergraduate tuition at Midwestern Baptist Theological Seminary is $10,020, which is $−5,144 less than the national average for Special Focus Institutions ($15,164).

In 2020 the default rate for borrower's at Midwestern Baptist Theological Seminary was 0%, corresponding to 0 out of the 232 total borrowers.

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

Costs

In 2023, the median undergraduate tuition at Midwestern Baptist Theological Seminary is $10,020, which is $5,144 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 $25,380.

In 2023, 40% of undergraduate students attending Midwestern Baptist Theological Seminary received financial aid through grants. Comparatively, 26% of undergraduate students received financial aid through loans.

Tuition Costs

$10,020
2023 Undergraduate Tuition

In 2023, the cost of tuition at Midwestern Baptist Theological Seminary was $10,020. The cost of tuition at Midwestern Baptist Theological Seminary is $−5,144 less than than the overall (public and private) national average for Special Focus Institutions ($15,164).

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

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Average Net Price

$25,380
2023 Value
8.84%
1 Year Growth

In 2023 Midwestern Baptist Theological Seminary had an average net price — the price paid after factoring in grants and loans — of $25,380. Between 2022 and 2023, the average net price of Midwestern Baptist Theological Seminary grew by 8.84%.

This chart compares the average net price of Midwestern Baptist 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

$14,641
Room and Board
$1,248
Books and Supplies

The average yearly cost of room and board at Midwestern Baptist Theological Seminary was of $14,641 in 2023. The cost of room and board increased by 5.25% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,248. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

40%
Undergraduates Receiving Financial Aid through Grants
26%
Undergraduates Receiving Financial Aid through Loans

40% of undergraduate students at Midwestern Baptist Theological Seminary received financial aid through grants or loans in 2023. This represents a decline of 16.7% with respect to 2022, when 48% of undergraduate students received financial aid.

This chart compares the average award discount at Midwestern Baptist 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 Midwestern Baptist Theological Seminary was 0%, which represents 0 out of the 232 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

Midwestern Baptist Theological Seminary received 141 undergraduate applications in 2023, which represents a 34.3% annual growth. Out of those 141 applicants, 133 students were accepted for enrollment, representing a 94.3% acceptance rate.

There were 3,840 students enrolled at Midwestern Baptist Theological Seminary in 2023. 3% of first-time enrollees submitted SAT scores with their applications.

Midwestern Baptist Theological Seminary has an overall enrollment yield of 63.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

94.3%
Acceptance Rate in 2023
133
Accepted Out of 141

In 2023, the undergraduate acceptance rate of Midwestern Baptist Theological Seminary was 94.3% (133 admissions from 141 applications). This is higher than the acceptance rate of 2022, which was 94.3%. Between 2022 and 2023, the number of applicants grew by 34.3%, while admissions grew by 34.3%.

This chart compares the acceptance rate of Midwestern Baptist 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

3%
Submission Percentage (2019)
2
Scores Submitted (2019)

3% of enrolled first-time students at Midwestern Baptist Theological Seminary in 2019 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

Midwestern Baptist Theological Seminary had a total enrollment of 3,840 students in 2023. The full-time enrollment at Midwestern Baptist Theological Seminary is 2,006 students and the part-time enrollment is 1,834. This means that 52.2% of students enrolled at Midwestern Baptist Theological Seminary are enrolled full-time.

The enrolled student population at Midwestern Baptist Theological Seminary, both undergraduate and graduate, is 59.1% White, 6.41% Hispanic or Latino, 6.41% Asian, 2.81% Black or African American, 1.41% Two or More Races, 0.573% American Indian or Alaska Native, and 0.13% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Midwestern Baptist Theological Seminary in full-time Undergraduate programs are most commonly White Male (52.9%), followed by White Female (24.8%) and Hispanic or Latino Male (4.26%). Students enrolled in full-time Graduate programs are most commonly White Male (45.7%), followed by Asian Male (6.47%) and Hispanic or Latino Male (4.79%).

Full-Time vs Part-Time Enrollment

52.2%
Full-Time Enrollment

The total enrollment at Midwestern Baptist Theological Seminary in 2023, both undergraduate and graduate, is 3,840 students. The full-time enrollment at Midwestern Baptist Theological Seminary is 2,006 and the part-time enrollment is 1,834. This means that 52.2% of students enrolled at Midwestern Baptist 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 Midwestern Baptist Theological Seminary (in red) compares to similar universities.

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Retention Rate over Time

65%
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 Midwestern Baptist Theological Seminary was 65%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Midwestern Baptist Theological Seminary had a retention rate lower than its peers.

This chart shows the retention rate over time at Midwestern Baptist 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
    2,268 enrolled students
  2. Hispanic or Latino
    246 enrolled students
  3. Asian
    246 enrolled students

The enrolled student population at Midwestern Baptist Theological Seminary is 59.1% White, 6.41% Hispanic or Latino, 6.41% Asian, 2.81% Black or African American, 1.41% Two or More Races, 0.573% American Indian or Alaska Native, and 0.13% 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.

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, 350 students (9.11%) did not report their race.

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Graduates

In 2023, 452 fewer women than men received degrees from Midwestern Baptist Theological Seminary. The most common race/ethnicity group of degree recipients at Midwestern Baptist Theological Seminary is white (444 degrees awarded). There were 13.9 times more white recipients than the next closest race/ethnicity group, hispanic or latino (32 degrees).

The most common Masters Degree concentration at Midwestern Baptist Theological Seminary is Theological Studies (182 degrees awarded), followed by Divinity & Ministry (174 degrees) and Pastoral Studies & Counseling (21 degrees).

In 2023,  the most specialized majors across all degree types at Midwestern Baptist Theological Seminary, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (661 degrees awarded), Interdisciplinary Studies (16 degrees), and Communications (5 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 Midwestern Baptist Theological Seminary are Elementary & middle school teachers (1,697,381 people), Accountants & auditors (1,059,843 people), Other managers (917,437 people), Secondary school teachers (579,735 people), and Financial managers (557,310 people).

The most specialized majors at Midwestern Baptist Theological Seminary in 2023 are Theology (661 degrees awarded), Interdisciplinary Studies (16 degrees), Communications (5 degrees), Education (8 degrees), and Business (9 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 Midwestern Baptist Theological Seminary are Surgeons, Nuclear medicine technologists and medical dosimetrists, Cardiovascular technologists and technicians, Physicians, and Financial examiners

The most specialized majors at Midwestern Baptist Theological Seminary are Theology (661 degrees awarded), Interdisciplinary Studies (16 degrees), Communications (5 degrees), Education (8 degrees), and Business (9 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 Midwestern Baptist Theological Seminary are Elementary & secondary schools (2,984,563 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,676,369 people), Colleges, universities & professional schools, including junior colleges (402,478 people), Outpatient care centers (306,712 people), and Offices of physicians (250,897 people).

The most specialized majors at Midwestern Baptist Theological Seminary are Theology (661 degrees awarded), Interdisciplinary Studies (16 degrees), Communications (5 degrees), Education (8 degrees), and Business (9 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 Midwestern Baptist Theological Seminary.
Most Common (2023)
  1. Theological Studies
    182 degrees awarded
  2. Divinity & Ministry
    174 degrees awarded
  3. Pastoral Studies & Counseling
    21 degrees awarded

In 2023, the most common masters degree concentration at Midwestern Baptist Theological Seminary was Theological Studies with 182 degrees awarded.

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

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Sex Breakdown for Common Majors

576
Degrees Awarded to Men
in 2023
124
Degrees Awarded to Women
in 2023

In 2023, 576 degrees were awarded to men at Midwestern Baptist Theological Seminary, which is 4.65 times more than the number of degrees awarded to females (124).

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

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Most Common Male Majors

In 2023, 220 degrees were awarded to men at Midwestern Baptist Theological Seminary in Theological Studies, which is 6.11 times more than the 36 female recipients with that same degree.

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Most Common Female Majors

In 2023, 36 degrees were awarded to men at Midwestern Baptist Theological Seminary in Theological Studies, which is 0.164 times less than the 220 male recipients with that same degree.

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Time to Complete

12%
100% Completion Time
33%
150% Completion Time

In 2023, 12% of students graduating from Midwestern Baptist Theological Seminary 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 36% 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.
Hispanic or Latino Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Midwestern Baptist Theological Seminary is Male and Hispanic or Latino (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
    444 degrees awarded
  2. Hispanic or Latino
    32 degrees awarded
  3. Asian
    27 degrees awarded

The most common race/ethnicity at Midwestern Baptist Theological Seminary is white (444 degrees awarded). There were 13.9 times more white recipients than the next closest race/ethnicity group, hispanic or latino (32 degrees).

10.1% of degree recipients (71 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Male
    378 degrees awarded
  2. White Female
    66 degrees awarded
  3. Hispanic or Latino Male
    28 degrees awarded

The most common race/ethnicity and sex grouping at Midwestern Baptist Theological Seminary is white male (378 degrees awarded). There were 5.73 times more white male recipients than the next closest race/ethnicity group, white female (66 degrees).

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Operations

Midwestern Baptist Theological Seminary has an endowment valued at nearly $30.6M, as of the end of the 2023 fiscal year. The return on its endowment was of 1.63M (5.34%) compared to the 1.93% average return (240k on 12.4M) across all Special Focus Institutions.

In 2023, Midwestern Baptist Theological Seminary had a total salary expenditure of 25.1M. Midwestern Baptist Theological Seminary employs 22 Assistant professors, 14 Professors and 9 Associate professors. Most academics at Midwestern Baptist Theological Seminary are Male Assistant professor (19), Male Professor (14), and Male Associate professor (8).

The most common positions for non-instructional staff at Midwestern Baptist Theological Seminary are: Office and Administrative Support, with 24 employees, Management, with 22 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 21 employees.

Endowment

$30.6M
2023 Endowment
14.3%
growth from 2022

Midwestern Baptist Theological Seminary has an endowment valued at about $30.6M, as of the end of the 2023 fiscal year. The endowment of Midwestern Baptist Theological Seminary grew 14.3% from the previous year. The value of their endowment was $18.1M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Midwestern Baptist 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

$12.1M
2023 Salaries
10.6%
growth from 2022

In 2023, Midwestern Baptist Theological Seminary paid a median of $12.1M in salaries, which represents 48% of their overall expenditure ($25.1M) and a 10.6% growth from the previous year. This is compared to a 4.48% growth between 2021 and 2022, and a 2.05% 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

$3.89M
Instructional Salaries
45
Number of Employees

In 2023, Midwestern Baptist Theological Seminary paid a total of $3.89M to 45 employees working as instructors, which represents 32.3% 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

Assistant professor
Most Common Instructor
22 Employees
Office and Administrative Support
Most Common Non-Instructional Employee
24 Employees

In 2023, the most common positions for instructional staff at Midwestern Baptist Theological Seminary were Assistant professor with 22 employees, Professor with 14 employees, and Associate professor with 9 employees.

In 2023, the most common positions for non-instructional staff at Midwestern Baptist Theological Seminary were Office and Administrative Support with 24 employees, Management with 22 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 21 employees.

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Instructors by Academic Rank and Sex

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

In 2023, the most common demographic for instructional staff at Midwestern Baptist Theological Seminary was Male Assistant professor with 19 employees, Male Professor with 14 employees, and Male Associate professor with 8 employees.

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

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