G
Private 4 Year

Grace College and Theological Seminary Tuition & Cost

Winona Lake, Indiana

 2 Reviews

How much does it cost to attend?

Sticker Price
$39,778
Costs for Grace College and Theological Seminary
Fee Cost
Tuition$25,512
Books and Supplies$1,000
Other Fees$750
Estimated Off Campus Cost of Living $9,316
Other Expenses Budget$3,200

Annual Prices

The annual list price to attend Grace College and Theological Seminary on a full time basis for 2018/2019 is $39,778 for all students regardless of their residency. This fee is comprised of $25,512 for tuition, $9,316 room and board, $1,000 for books and supplies and $750 for other fees. Out of state tuition for Grace College and Theological Seminary is $25,512, the same as Indiana residents.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
Will you get accepted?

Find out how likely you are to get accepted at Grace College and Theological Seminary based on your GPA, test scores, and even extracurricular activities. Then, get custom recommendations for how to improve your odds - completely for free.

Calculate My Chances

Sponsored by CollegeVine

Net Price

Net price is indicative of what it actually costs to attend Grace College and Theological Seminary when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$21,131
Net Price by Income Grace College and Theological Seminary
Family Income Net Price Paid
$0 to $30,000$17,874
$30,001 to $48,000$15,373
$48,001 to $75,000$20,903
$75,001 to $110,000$23,897
$110,000+$24,509

The average reported annual net price for Grace College and Theological Seminary for students receiving grants or scholarship aid was $21,131 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Connect with Grace College and Theological Seminary

Let Grace College and Theological Seminary know that you're interested in learning more about the school.

Sponsored by CollegeXpress

Costs for Similar Colleges

Financial Aid

97% of full-time undergrad Grace College and Theological Seminary received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $14,331 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 71% of students received Federal Student Loans averaging $5,180 and 10% of undergrads took out private student loans averaging $13,407.

Finanical Aid Grace College and Theological Seminary
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $14,331 97%
Institutional Grants and Scholarships $10,520 93%
Pell Grants $4,402 39%
Other Federal Grants $1,000 2%
State and Local Grants $6,831 35%
Federal Student Loans $5,180 71%
Other Student Loans $13,407 10%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Grace College and Theological Seminary, we've modeled a ten year student loan with an original principal value of $67,060. The loan balance of $67,060 is a four year multiple of the $16,765 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $640 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $67,060
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $639.83
Total Interest Paid $9,719.16
Sum of All Loan Payments $76,779.16

Projected 4 Year Degree Price

4 Year Sticker Price
$159,112
Year All Residents
1 $39,778
2 $40,050
3 $40,323
4 $40,598

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Grace College and Theological Seminary to be $159,112 - assuming graduation in normal time. The estimation assumes a 0.7% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Grace College and Theological Seminary
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $908 $2,724 $3,632

Estimated cost for a class at Grace College and Theological Seminary based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Grace College and Theological Seminary versus other colleges.

Tuition Payment Plans Available

Grace College and Theological Seminary Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=150677 IPEDS survey data for Grace College and Theological Seminary.