Grace College and Theological Seminary

Grace College and Theological Seminary is a mid-size private non-profit master's university (medium program) located in Winona Lake, Indiana, with an undergraduate enrollment of 1,464. The institution offers master's-level programs across multiple professional and academic fields alongside its undergraduate curriculum, serving students seeking advanced credentials in applied disciplines. As an independently governed, non-profit institution relying on tuition, endowment returns, and philanthropic support, it operates within the broader Indiana postsecondary education landscape and is regionally accredited, making its credits and degrees eligible for federal financial aid. With a 82% acceptance rate, admission is open to most applicants. The 82% acceptance rate reflects a broadly open admissions approach serving a wide range of students. Net price for families earning \$48,001–$75,000 averages $17,103 per year. The highest program-level earnings outcomes are in CIP 00 — 10-year median earnings among aid recipients in these fields reach $76,460. The 4-year graduation rate is 69%, 24 percentage points above the national average of 45%. Among students who received federal financial aid, 10-year median earnings are $45,411.