FBBC&TS vs. MLC

Should I go to Faith Baptist Bible College and Theological Seminary or Martin Luther College? Compare the two schools' costs, SAT, ACT, GPA, admissions criteria and outcomes to help you determine if FBBC&TS or MLC is the better college for you.

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Faith Baptist Bible College and Theological Seminary vs. Martin Luther College comparison
Faith Baptist Bible College and Theological Seminary Martin Luther College College 3 College 4
Martin Luther College
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Location Ankeny, IA New Ulm, MN
Setting Large Suburban Remote Town
Students 353 972
Type Private 4 Year Private 4 Year
Religious Affiliation Baptist Wisconsin Evangelical Lutheran Synod - -
Status Non-profit Non-profit

Costs

Tuition (In State) $16,274 $15,410
Tuition (Out of State) $16,274 $15,410
Room & Board $6,800 $6,080
Avg Net Price $15,272 $18,503
Avg Grant Aid $12,589 $6,051
% Receiving Grant Aid 100% 81%

Admission and Academics

Acceptance Rate 62.3% 89.3%
Avg High School GPA 3.39 3.49
Admissions Standards Average Challenging
Applicant Competition Low
ACT Range 18/25 21/27
SAT Range 950/1260 1080/1250
Application Deadline

Outcomes

Graduation Rate 34% 73%
Median Earnings (After 10 years) $34,300 $38,000
Making Student Loan Payments 84% 89%
Median Student Loan Debt $15,829 $23,125
Median Loan Payment $163 $239
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Comparable Facts

  • Martin Luther College is larger than than FBBC&TS based on total student enrollment (972 students vs. 353 students)

FBBC&TS vs. MLC Cost Comparison

Which college is more expensive, FBBC&TS or MLC?

  • Faith Baptist Bible College and Theological Seminary is 5.6% more expensive to attend than MLC for in-state tuition ($16,274.00 vs. $15,410.00)
  • Out of state tuition is 5.6% higher at FBBC&TS than Martin Luther College ($16,274.00 vs. $15,410.00)
  • The typical actual cost that students pay to attend (average net price) is less at Faith Baptist Bible College and Theological Seminary than MLC ($15,272 vs. $18,503)
  • Living costs (room and board or off-campus housing budget) at Martin Luther College are 11.8% lower than costs at Faith Baptist Bible College and Theological Seminary ($6,080 vs. $6,800)
  • More students receive financial grant aid at Faith Baptist Bible College and Theological Seminary than Martin Luther College (100% vs. 81%)
  • The average total grant financial aid received by Faith Baptist Bible College and Theological Seminary students is 108% larger than aid received Martin Luther College ($12,589 vs. $6,051)

FBBC&TS vs. MLC Admissions Difficulty Comparison

Which college is harder to get into, FBBC&TS or MLC? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between MLC or FBBC&TS .

  • The average SAT score at Martin Luther College (1145) is 94 points higher than at FBBC&TS (1051)
  • Incoming MLC students have a 2 point higher average ACT score (25) than students at FBBC&TS (23)
  • MLC has a higher acceptance rate (89.3%) than FBBC&TS (62.3%)

FBBC&TS vs. MLC Graduation Outcomes Comparison

Which is better, FBBC&TS or MLC? Graduation rate, salary and amount of student loan debt are indicators of a college which offers better outcomes for its graduates. Compare the following outcomes facts between MLC and FBBC&TS.

  • The graduation rate at MLC is higher that Faith Baptist Bible College and Theological Seminary (73% vs. 34%)
  • Graduates from Martin Luther College earn on average $3,700 more per year than FBBC&TS graduates after ten years. ($38,000 vs. $34,300)
  • Faith Baptist Bible College and Theological Seminary students graduate with a $7,296 lower median federal student loan debt than MLC graduates. ($15,829 vs. $23,125)
  • FBBC&TS graduates are paying $76 less per month on federal student loans than MLC graduates. ($163 vs. $239)
  • More MLC graduates are actively paying back their federal student loan debt than former FBBC&TS students, three years after graduation. (89% vs. 84%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/