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Grace College and Theological Seminary

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Grace College and Theological Seminary Business Programs

Grace College and Theological Seminary is a private not-for-profit institution located in Winona Lake, Indiana. The location of Grace College is a good match for students who are interested in living in a college town while they pursue their degree.

119 Undergraduate Degrees
62 Graduate Degrees
$25,639 Avg Cost After Aid (Undergrad)
82% Acceptance Rate

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Grace College and Theological Seminary Rankings

These rankings may look different from those published by other outlets, because we use an outcomes-based approach rather than a subjective one. We get our data from a number of places, including the Integrated Postsecondary Education Data System (IPEDS) and the College Scorecard. For more information, check out our rankings and methodology page.

Program Level Awards

These are highlights of some of the most noteworthy awards granted to specific programs at Grace College.

Rank Ranking Name Share
#27 Best Value Business Administration & Management Master’s Degree Schools Tweet It - Post It

Awards From Around the Web

The following table lists some notable awards Grace College has earned from around the web.

Rank Ranking Name Source
#46 Best Value Colleges for Business Administration & Management College Factual
#50 Best Value Colleges for Marketing College Factual
#57 Best Value Colleges for Business, Management & Marketing College Factual

Where Is Grace College and Theological Seminary?

Location of Grace College and Theological Seminary

Contact details for Grace College are given below.

Contact Details
Address: 200 Seminary Dr, Winona Lake, IN 46590-1274
Phone: 574-372-5100

How Do I Get Into Grace College?

You can apply to Grace College online at:

Admission Requirements for Grace College

Submission Required?
High School GPA required
High School Rank required
High School Transcript required
College Prep Program neither required nor recommended
Recommendations required
SAT or ACT Scores required
TOEFL required

How Hard Is It To Get Into Grace College?

82% Acceptance Rate
71% Of Accepted Are Women
67% Submit SAT Scores
Grace College has an acceptance rate of 82%, which means that is not quite as selective as some other schools. Still, you'll need good grades and a solid application if you want to be admitted.

Approximately 29% of accepted students are men and 71% are women. The acceptance rate for men is 80%, and the acceptance rate for women is 83%.

Average Test Scores

About 67% of students accepted to Grace College submitted their SAT scores. When looking at the 25th through the 75th percentile, SAT Evidence-Based Reading and Writing scores ranged between 500 and 620. Math scores were between 490 and 600.

SAT Reading and Writing Scores for Grace College and Theological Seminary  ( 500 to 620 )

SAT Math Scores for Grace College and Theological Seminary  ( 490 to 600 )
Grace College received ACT scores from 56% of accepted students. When looking at the 25th through the 75th percentile, ACT English scores ranged between 20 and 27. Math scores were between 19 and 26. Composite scores were between 20 and 27.

ACT English Scores for Grace College and Theological Seminary  ( 20 to 27 )
ACT Math Scores for Grace College and Theological Seminary  ( 19 to 26 )
ACT Composite Scores for Grace College and Theological Seminary  ( 20 to 27 )

Can I Afford Grace College and Theological Seminary?

$25,639 Net Price
72% Take Out Loans
2.6% Loan Default Rate
The overall average net price of Grace College is $25,639. The affordability of the school largely depends on your financial need since net price varies by income group.

The net price is calculated by adding tuition, room, board and other costs and subtracting financial aid.

Student Loan Debt

While almost two-thirds of students nationwide take out loans to pay for college, the percentage may be quite different for the school you plan on attending. At Grace College, approximately 72% of students took out student loans averaging $8,393 a year. That adds up to $33,572 over four years for those students.

The student loan default rate at Grace College is 2.6%. This is significantly lower than the national default rate of 10.1%, which is a good sign that you'll be able to pay back your student loans.

Grace College and Theological Seminary Undergraduate Student Diversity

1,385 Full-Time Undergraduates
61% Women
15% Racial-Ethnic Minorities*
There are 1,619 undergraduate students at Grace College, with 1,385 being full-time and 234 being part-time.

 Full-Time vs. Part-Time Undergraduate Students at  Grace College

There are also 338 graduate students at the school.

Gender Diversity

Of the 1,385 full-time undergraduates at Grace College, 39% are male and 61% are female.

Undergraduate Student Gender Diversity at  Grace College

Racial-Ethnic Diversity

The racial-ethnic breakdown of Grace College and Theological Seminary students is as follows.

Racial-Ethnic Diversity of Grace College Undergraduate Students
Race/Ethnicity Number of Grads
Asian 15
Black or African American 52
Hispanic or Latino 101
White 1,143
International Students 18
Other Races/Ethnicities 56

Geographic Diversity

Indiana students aren't the only ones who study at Grace College and Theological Seminary. At this time, 18 states are represented by the student population at the school.

Over 28 countries are represented at Grace College. The most popular countries sending students to the school are South Korea, Brazil, and India.

Online Learning at Grace College and Theological Seminary

303 Took All Classes Online
779 Took At Least One Class Online
19.2% Avg Growth Over 4 Years
There are 5 bachelor’s degree and 10 master’s degree programs available online at Grace College. In 2017-2018, 779 students took at least one online class at the school.

The following chart shows how the online learning population at Grace College has changed over the last few years.


This school is the 16th most popular in Indiana for online learning according to the online graduations recorded by the Department of Education for the academic year 2017-2018.

Online Growth Rankings of Grace College

The average growth rate over the last four years of online students at Grace College and Theological Seminary was 19.2%. This is the #786 largest growth rate of all schools that are only partially online. This refers to all students at Grace College regardless of major.

The following table shows the 1-year growth rate of Grace College majors that offer at least one online course. This table only includes majors with positive growth.

Major 1-Year Growth Rate
Non-Profit/Public/Organizational Management 67%

The table below shows how the average growth rate over 4 years at Grace College ranks compared to all other partially online schools that offer a specific major. Note that the majors may or may not be offered online at Grace College.

Major Growth Rate Rank
Non-Profit/Public/Organizational Management #14
General Business Administration and Management #221
Business Administration & Management #264

When we speak of partially online, we are referring to schools whose online population is less than 50% of its total student body. Mostly online refers to those with online populations greater than or equal to 50%.

Grace College and Theological Seminary Business Concentrations

The table below shows the number of awards for each concentration.

Major Bachelor’s Master’s TOTAL
General Business Administration and Management 32 32 64
Non-Profit/Public/Organizational Management 0 30 30
Marketing/Marketing Management, General 23 0 23
Accounting 21 0 21
Finance 9 0 9
Interior Design Management 8 0 8
Meeting and Event Planning 8 0 8
General Business/Commerce 4 0 4
General Management Information Systems 4 0 4
Entrepreneurship 3 0 3
International Business/Trade/Commerce 3 0 3
Actuarial Science 3 0 3
Sports Communication 1 0 1
Agribusiness/Agricultural Business Operations 0 0 0
Organizational Leadership 0 0 0
Financial Planning & Services 0 0 0
Hospitality and Recreation Marketing Operations 0 0 0
TOTAL 119 62 181


*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

More about our data sources and methodologies.

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