Indiana students paid $24,768 to attend the four-year private not-for-profit institution this year – $1,598 more than the $23,170 charged for 2017-18.
Data shows 100 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 349 students received grants or scholarships totaling $4.6 million and 251 students took out student loans totaling more than $2.1 million.
Including all undergraduates (2,029), 1,424 students used grants or scholarships totaling $17.1 million, and 991 students took out $7.1 million in federal student loans.
The cost of attending
| Enrollment | 2015-16 | 2016-17 | 2017-18 | 2018-19 | Change in tuition and fees 2015-16 to 2018-19 | |
|---|---|---|---|---|---|---|
| In-state | ~1,258 | $22,450 | $23,120 | $23,170 | $24,768 | 10.3% |
Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Grace College and Theological Seminary in 2015-16.| Type of Aid | Number of students receiving aid | Percent receiving aid | Total amount of aid received | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 138 | 40% | $612,042 | $4,435 |
| State / local grant or scholarship | 114 | 33% | $810,770 | $7,112 |
| Institutional grants or scholarships | 349 | 100% | $3,128,157 | $8,963 |
| Grant or scholarship aid total | 349 | 100% | $4,550,969 | $13,040 |
| Federal student loans | 250 | 72% | $1,669,762 | $6,679 |
| Other student loans | 35 | 10% | $436,939 | $12,484 |
| Student loan aid | 251 | 72% | $2,106,701 | $8,393 |
| Total student aid | 349 | 100% | - | - |
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