Grace College and Theological Seminary's tuition & fees has increased from $24,670 (2014) to $30,034 (2024), and the rate of tuition increase is 21.74% over the past 10 years. The graduate school tuition & fees has raised from $8,592 (year 2014) to $8,112 (year 2024).
The 2024 tuition & fees have risen more than 5% this year (2024) at Grace College and Theological Seminary.
Grace College and Theological Seminary's tuition increase rate is higher than the Indiana's average increase rate of 5.96%. Compare to all colleges in United States, it's increase rate is lower than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 22.48% from 2014 ($34,900).
For the current academic year 2023-2024, Grace College and Theological Seminary's COA is $42,746, which is increased by 5.63% from last year.
The following table and chart show changes to Grace College and Theological Seminary's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 21.74% for the last 10 years , and the 2024 tuition & fees are $30,034. The following table and chart show the tuition & fees changes at Grace College and Theological Seminary over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,000, and it has decreased -23.08% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,300 | - |
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| 2015-16 | $1,300 | |
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| 2016-17 | $1,000 | -23.08% |
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| 2017-18 | $1,000 | |
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| 2018-19 | $1,000 | |
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| 2019-20 | $1,000 | |
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| 2020-21 | $1,000 | |
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| 2021-22 | $1,000 | |
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| 2022-23 | $1,000 | |
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| 2023-24 | $1,000 | |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 31.15% when a student lives on-campus facilities and 8.93% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Grace College and Theological Seminary.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $8,930 | $11,200 | - |
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| 2015-16 | $9,160 | $11,200 | 2.58% |
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| 2016-17 | $9,404 | $11,200 | 2.66% |
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| 2017-18 | $9,782 | $11,200 | 4.02% |
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| 2018-19 | $10,134 | $11,200 | 3.60% |
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| 2019-20 | $10,316 | $11,200 | 1.80% |
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| 2020-21 | $10,828 | $11,200 | 4.96% |
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| 2021-22 | $10,976 | $11,200 | 1.37% |
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| 2022-23 | $11,276 | $11,200 | 2.73% |
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| 2023-24 | $11,712 | $12,200 | 3.87% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Grace College and Theological Seminary and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Grace College and Theological Seminary | $28,942 | $28,192 | 2.66% |
|---|
|
| University of Notre Dame | $62,693 | $60,301 | 3.97% |
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|
| Indiana Wesleyan University-National & Global | $9,480 | $9,432 | 0.51% |
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|
| Butler University | $45,980 | $44,460 | 3.42% |
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|
| University of Indianapolis | $36,136 | $34,972 | 3.33% |
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|
| Trine University-Regional/Non-Traditional Campuses | $9,576 | $9,576 | - |
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