Grace College and Theological Seminary
Grace College is situated in the lakeside town of Winona Lake, Indiana, offering a traditional campus environment. The college maintains a Christian atmosphere with a diverse student body from various denominational backgrounds. Grace is distinctive for its integration of the college and Grace Theological Seminary, providing opportunities for students interested in ministry studies. The institution's presence in Winona Lake allows access to the town's recreational opportunities and community events.
Financial Aid
The sticker price is rarely what families actually pay. Grace College and Theological Seminary's grant and scholarship aid lowers the net price for most income brackets. 29% of students receive Pell Grants; 51% take federal loans.
Average net price across income brackets is $16,215, roughly 46% lower than the published tuition.
Net Price by Family Income
Academic Year 2025| Income Bracket | Avg Net Price | 4-Year Net Cost |
|---|---|---|
| $0 – $30K | $6,409 | $25,636 |
| $30K – $48K | $10,952 | $43,808 |
| $48K – $75K | $15,080 | $60,320 |
| $75K – $110K | $22,537 | $90,148 |
| $110K+ | $26,101 | $104,404 |
| Sticker price (no aid) | $30,034 | $120,136 |
Programs at Grace College and Theological Seminary
8 degree programs ranked by DegreeOutlook Score. Click any program for AI scenario analysis and 10-year earnings projections.
| Degree Program | DW Score | 1-yr Earnings | AI Risk | ROI |
|---|---|---|---|---|
|
Accounting
Accounting and Related Services Compare across schools → |
66
|
$55,997/yr | Very High | 4.7x |
|
Business Administration
Business Administration, Management and Operations Compare across schools → |
58
|
$62,251/yr | High | 3.5x |
|
Teacher Education
Teacher Education and Professional Development, Specific Levels and Methods Compare across schools → |
50
|
$41,955/yr | High | 2.5x |
| Marketing Compare across schools → |
43
|
$41,436/yr | Very High | 3.3x |
|
Criminal Justice
Criminal Justice and Corrections Compare across schools → |
38
|
$32,381/yr | Moderate | 2.5x |
|
Health & Physical Education
Health and Physical Education/Fitness Compare across schools → |
29
|
$32,549/yr | Moderate | 2.4x |
|
Psychology
Psychology, General Compare across schools → |
23
|
$27,357/yr | High | 2.3x |
|
Pastoral Counseling
Pastoral Counseling and Specialized Ministries Compare across schools → |
20
|
$25,060/yr | Moderate | 3.2x |
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