Grace College and Theological Seminary
Winona Lake, Indiana
Grace College and Theological Seminary is a private institution in Winona Lake, Indiana with 1,511 undergraduate students. For nursing students, the useful read is not just whether a program exists, but how its tuition, completion rates, debt, and earnings compare with nearby options.
In-state tuition is $30,034 compared with a Indiana nursing-school average of $25,080. The school reports a graduation rate of 69.9%, median earnings of $45,411, and median federal debt of $19,500.
$30,034 is higher than the state average of $25,080.
69.9% is higher than the state average of 57.3%.
$45,411 is lower than the state average of $48,899.
About Grace College and Theological Seminary
| Location | Winona Lake, Indiana |
| Institution Type | Private Nonprofit |
| Highest Degree | graduate |
| Website | www.grace.edu |
| In-State Tuition | $30,034 |
| Out-of-State Tuition | $30,034 |
| Total Enrollment | 1,511 |
| Acceptance Rate | 80.8% |
| Graduation Rate | 69.9% |
| Retention Rate | 80.4% |
| Median Earnings (10 yrs after) | $45,411 |
| Median Debt at Graduation | $19,500 |
| Est. Monthly Loan Payment | $206 |
| Pell Grant Recipients | 28.7% |
| Students Receiving Loans | 51.3% |
| Loan Default Rate | 0.0% |
| Nursing Program | Available |
Cost and Return Snapshot
Based on published tuition, median debt, and earnings data
A typical graduate debt load would equal about 0.5 years of post-payment earnings capacity using the reported median earnings and 10-year monthly payment estimate.
Affordability Context
28.7% of students receive Pell Grants, a useful signal for how often the school serves lower-income students. 51.3% of students take federal loans, so borrowing is common in the student body. The three-year loan default rate is 0.0%, which helps frame repayment risk alongside earnings and debt.
Cost and Outcomes Context
The value picture at Grace College and Theological Seminary depends on the relationship between price, borrowing, and outcomes. A simple four-year tuition estimate is $120,136, while the reported median debt is $19,500 with an estimated monthly payment of $206. These figures should be compared with aid offers and program-specific requirements before making a final decision.
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Student Demographics
The student body is largest among White students (80.6%), followed by Hispanic students (7.0%) and Black students (2.9%).
Value Score
Median earnings ($45,411) divided by median debt ($19,500)