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Winona Lake, IN · Hanover, IN
| Grace College and Theological Seminary | Hanover College | |
|---|---|---|
| Cost | ||
| Price after aid (average) | $19,932/yr | $21,829/yr |
| Price after aid (family income under $30k) | $10,998/yr | $16,832/yr |
| Typical loan debt at graduation | $19,500 | $25,250 |
| Price after aid ($30k–$48k income) | $12,459/yr | $18,773/yr |
| Price after aid ($48k–$75k income) | $17,103/yr | $16,944/yr |
| Price after aid ($75k–$110k income) | $22,963/yr | $23,824/yr |
| Price after aid (income over $110k) | $26,884/yr | $27,030/yr |
| Typical loan payment after graduation | $207/mo | $268/mo |
| Room & board (on campus) | $10,980/yr | $14,123/yr |
| Room & board (off campus) | $9,000/yr | $10,850/yr |
| Borrowers who default | 0% | 0% |
| Books & supplies | $1,000/yr | $1,200/yr |
| Other living costs (on campus) | $1,000/yr | $1,578/yr |
| Sticker price (before aid) | $41,838/yr | $58,821/yr |
| Tuition (in-state) | $31,200/yr | $44,638/yr |
| Tuition (out-of-state) | $31,200/yr | $44,638/yr |
| Students with Pell Grants | 29% | 26% |
| Students taking federal loans | 50% | 52% |
| Getting in | ||
| Students who get accepted | 82% | 84% |
| SAT range (middle 50%) | 1000–1200 | 1110–1280 |
| SAT average | 1119 | 1201 |
| ACT range (middle 50%) | 21–27 | 23–29 |
| ACT sections (middle 50%) | English 20–29 · Math 19–27 | No data reported |
| Admissions data from | Fall 2023 | Fall 2023 |
| Applications received | 4,111 | 2,702 |
| Students accepted | 3,321 | 2,269 |
| Students who enrolled | 452 | 264 |
| Accepted students who enroll | 14% | 12% |
| Enrolled who sent SAT scores | 30% | 27% |
| Enrolled who sent ACT scores | 8% | 14% |
| High-school GPA | Required | Required |
| High-school transcript | Required | Required |
| Essay | Required | Optional (considered if sent) |
| Recommendation letters | Optional (considered if sent) | Required |
| Class rank | Optional (considered if sent) | Optional (considered if sent) |
| College-prep program | Optional (considered if sent) | Optional (considered if sent) |
| Demonstrated competencies | Not considered | Not considered |
| Work experience | Not considered | Not considered |
| English proficiency test | Not considered | Required |
| Other admission tests | Not considered | Not considered |
| Legacy considered | Not considered | Not considered |
| SAT/ACT policy | Optional (considered if sent) | Optional (considered if sent) |
| Graduation & earnings | ||
| Students who graduate | 69% | 67% |
| Freshmen who come back | 77% | 82% |
| Typical earnings 10 years in | $45,411/yr | $53,957/yr |
| Earnings range 10 years in | $30,731–$64,018 | $39,840–$72,874 |
| Finish within 8 years (anywhere) | 65% | 69% |
| White students graduating | 72% | 71% |
| Black students graduating | 38% | 40% |
| Hispanic students graduating | 38% | 85% |
| Asian students graduating | 25% | 33% |
| Typical earnings 6 years in | $41,463/yr | $42,876/yr |
| Earn more than a HS grad | 61% | 81% |
| Graduate on time | 66% | 63% |
| Pell students who graduate | 63% | 58% |
| First-gen students who finish | 62% | 63% |
| Low-income students who finish | 46% | 67% |
| Typical earnings 8 years in | $44,909/yr | $49,769/yr |
| Majors & programs | ||
| Top 3 programs | Business, Management & Marketing 27% · Psychology 12% · Theology & Religious Vocations 11% | Business, Management & Marketing 20% · Parks, Recreation & Fitness 18% · Biological & Biomedical Sciences 14% |
| Most popular program | Business, Management & Marketing — 27% of degrees | Business, Management & Marketing — 20% of degrees |
| 2nd most popular program | Psychology — 12% of degrees | Parks, Recreation & Fitness — 18% of degrees |
| 3rd most popular program | Theology & Religious Vocations — 11% of degrees | Biological & Biomedical Sciences — 14% of degrees |
| 4th most popular program | Education — 10% of degrees | Social Sciences — 8% of degrees |
| 5th most popular program | Parks, Recreation & Fitness — 10% of degrees | Communication & Journalism — 7% of degrees |
| Highest-paying major (1 year out) | Business Administration, Management and Operations — $62,251/yr | Economics — $45,740/yr |
| Degrees in STEM | 2.5% | 25% |
| Campus & students | ||
| Undergrad enrollment | 1,464 | 1,031 |
| Students per professor | 23 : 1 | 11 : 1 |
| Graduate students | 509 | 208 |
| Average professor pay | $7,538/mo | $8,708/mo |
| Full-time professors | 98% | 100% |
| Fully online | No | No |
| Accredited by | Higher Learning Commission | Higher Learning Commission |
| Median family income | $62,574 | $76,698 |
| Setting | Town (distant) | Town (distant) |
| Location | Winona Lake, IN | Hanover, IN |
| Region | Great Lakes | Great Lakes |
| Founded | 1948 | 1827 |
| Public or private | Private (nonprofit) | Private (nonprofit) |
| Main degree offered | Bachelor's degrees | Bachelor's degrees |
| Carnegie classification | Master's Colleges & Universities: Medium Programs | Baccalaureate Colleges: Arts & Sciences Focus |
| Main or branch campus | Main campus | Main campus |
| International students | 3.8% | 3.6% |
| Men | 41% | 50% |
| Women | 59% | 50% |
| White students | 80% | 80% |
| Black students | 3.1% | 4% |
| Hispanic or Latino students | 7.5% | 4.1% |
| Asian students | 1.4% | 0.4% |
| Two or more races | 2.3% | 5.5% |
| Other / not reported | 1.8% | 2.2% |
| Special type | Religiously affiliated | Religiously affiliated |
| First-generation students | 28% | 25% |
| Part-time students | 1.5% | 1% |
| Students age 25+ | 4.7% | 0.2% |
| Spent on teaching per student | $7,409/yr | $21,982/yr |
| Endowment | $33.2M | $163.7M |
| Campus life | ||
| Campus data from | 2023 | 2023 |
| On-campus housing | Yes — dorms on campus | Yes — dorms on campus |
| Beds in campus housing | 1,127 | 1,150 |
| Required to live on campus | No | No |
| Room charge (campus housing) | $5,502/yr | $6,725/yr |
| Meal plan charge | $5,210/yr | $6,833/yr |
| Meal plan offered | Yes | Yes |
| Meals per week | Varies by week | Varies by week |
| Academic calendar | Semester | Four-one-four plan |
| Religious affiliation | Brethren Church | Presbyterian Church (USA) |
| Federal designation | None | None |
| Study abroad | Yes | Yes |
| Undergraduate research | No | No |
| ROTC | No | No |
| Accepts AP credit | Yes | Yes |
| Accepts dual-enrollment credit | No | No |
| Credit for life experience | Yes | No |
| Online classes | Yes | No |
| Whole degrees online | Yes | No |
| Weekend & evening classes | No | No |
| Teacher certification | Yes | Yes |
| Academic & career counseling | Yes | Yes |
| Job help while you study | Yes | Yes |
| Job placement for graduates | Yes | Yes |
| On-campus day care | No | No |
| Program for students with intellectual disabilities | No | No |
| Yellow Ribbon (GI Bill) school | No | Yes |
| Credit for military training | Yes | No |
| Student veteran organization | Yes | No |
| Tuition payment plan | Yes | Yes |
| Guaranteed (locked) tuition | No | Yes |
| Prepaid tuition plan | No | No |
| Athletics | ||
| Athletics data from | 2024-25 | 2024-25 |
| College sports level | NAIA Division I | NCAA Division III with football |
| Football team | No | Yes |
| Varsity teams | 15 | 22 |
| Student athletes | 290 | 473 |
| Athletic scholarships | $2.3M | $0 |
| Athletics budget | $5.5M | $4.0M |
| Athletics revenue | $5.5M | $4.0M |
| Recruiting spend | $30,571 | $102,926 |
Data: U.S. Department of Education — College Scorecard 2026-06-10, EADA athletics, IPEDS admissions — each on its own survey year. Campus life: IPEDS institutional characteristics, retrieved from the Urban Institute Education Data Portal (ODC-BY 1.0). Founding year and links via Wikidata / Wikipedia. SHMACS is an independent tool and is not affiliated with or endorsed by any institution shown.