Heritage Bible College (198677)

www.heritagebiblecollege.edu

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2022 Undergraduate Tuition

$7,560

2020 Default Rate

8.33%

on Student Loans

2022 Enrolled Students

65.4% Full-Time

About

Heritage Bible College (198677) is a higher education institution located in Harnett County, NC. In 2022, the most popular Bachelors Degree concentrations at Heritage Bible College (198677) were Other Theology & Religious Vocations (11 degrees awarded).

In 2022, 11 degrees were awarded across all undergraduate and graduate programs at Heritage Bible College (198677). 72.7% of these degrees were awarded to women, and 27.3% awarded men. The most common race/ethnicity group of degree recipients was black or african american (8 degrees), 2.67 times more than then the next closest race/ethnicity group, white (3 degrees).

The median undergraduate tuition at Heritage Bible College (198677) is $7,560, which is $−7,381 less than the national average for Special Focus Institutions ($14,942).

In 2020 the default rate for borrower's at Heritage Bible College (198677) was 8.33%, corresponding to 4 out of the 48 total borrowers.

Special Focus Four-Year: Faith-Related Institutions Special Focus Institutions

Costs

In 2022, the median undergraduate tuition at Heritage Bible College (198677) is $7,560, which is $7,382 less than the national average for Special Focus Institutions ($14,942).

In 2022, 75% of undergraduate students attending Heritage Bible College (198677) received financial aid through grants. Comparatively, 97% of undergraduate students received financial aid through loans.

Tuition Costs

$7,560

2022 Undergraduate Tuition

In 2022, the cost of tuition at Heritage Bible College (198677) was $7,560. The cost of tuition at Heritage Bible College (198677) is $−7,382 less than than the overall (public and private) national average for Special Focus Institutions ($14,942).

This chart compares the tuition costs of Heritage Bible College (198677) (in red) with those of other similar universities.

Average Net Price

This chart compares the average net price of Heritage Bible College (198677) (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$9,918

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Heritage Bible College (198677) was of $9,918 in 2022. The cost of room and board did not change between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,000. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Heritage Bible College (198677) (in red) with that of similar universities.

Financial Aid by Income Level

75%

Undergraduates Receiving Financial Aid through Grants

97%

Undergraduates Receiving Financial Aid through Loans

75% of undergraduate students at Heritage Bible College (198677) received financial aid through grants or loans in 2022. This represents a decline of 10.7% with respect to 2021, when 84% of undergraduate students received financial aid.

This chart compares the average award discount at Heritage Bible College (198677) (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

8.33%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Heritage Bible College (198677) was 8.33%, which represents 4 out of the 48 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Enrollment

Heritage Bible College (198677) had a total enrollment of 26 students in 2022. The full-time enrollment at Heritage Bible College (198677) is 17 students and the part-time enrollment is 9. This means that 65.4% of students enrolled at Heritage Bible College (198677) are enrolled full-time.

The enrolled student population at Heritage Bible College (198677), both undergraduate and graduate, is 50% Black or African American, 46.2% White, and 3.85% Hispanic or Latino.

Students enrolled at Heritage Bible College (198677) in full-time Undergraduate programs are most commonly Black or African American Female (29.4%), followed by White Male (29.4%) and Black or African American Male (17.6%).

Full-Time vs Part-Time Enrollment

65.4%

Full-Time Enrollment

The total enrollment at Heritage Bible College (198677) in 2022, both undergraduate and graduate, is 26 students. The full-time enrollment at Heritage Bible College (198677) is 17 and the part-time enrollment is 9. This means that 65.4% of students enrolled at Heritage Bible College (198677) are enrolled full-time compared with 71.2% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Heritage Bible College (198677) (in red) compares to similar universities.

Retention Rate over Time

33%

2022 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Heritage Bible College (198677) was 33%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Heritage Bible College (198677) had a retention rate lower than its peers.

This chart shows the retention rate over time at Heritage Bible College (198677) (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

Black or African American
13 enrolled students
White
12 enrolled students
Hispanic or Latino
1 enrolled students

The enrolled student population at Heritage Bible College (198677) is 50% Black or African American, 46.2% White, and 3.85% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 42.1% White, 19.3% Hispanic or Latino, and 14.1% Black or African American.

Graduates

In 2022, 5 more women than men received degrees from Heritage Bible College (198677). The most common race/ethnicity group of degree recipients at Heritage Bible College (198677) is black or african american (8 degrees awarded). There were 2.67 times more black or african american recipients than the next closest race/ethnicity group, white (3 degrees).

The most common Bachelor's Degree concentration at Heritage Bible College (198677) is Other Theology & Religious Vocations (11 degrees awarded).

In 2022, the most specialized majors across all degree types at Heritage Bible College (198677), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (11 degrees awarded).

Common Jobs by Major

Clergy

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Heritage Bible College (198677) are Clergy (75,499 people), Elementary & middle school teachers (9,354 people), Other managers (6,962 people), Postsecondary teachers (4,622 people), and Education administrators (4,507 people).

The most specialized majors at Heritage Bible College (198677) in 2022 are Theology (11 degrees awarded) (as of 2022).

Highest Paying Jobs by Major

Cardiovascular technologists and technicians

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Heritage Bible College (198677) are Cardiovascular technologists and technicians, Physicians, Diagnostic medical sonographers, Securities, commodities, & financial services sales agents, and Lawyers, & judges, magistrates, & other judicial workers

The most specialized majors at Heritage Bible College (198677) are Theology (11 degrees awarded) (as of 2022).

Common Industries by Major

Religious organizations

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Heritage Bible College (198677) are Religious organizations (82,746 people), Elementary & secondary schools (23,116 people), Colleges, universities & professional schools, including junior colleges (11,032 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (8,773 people), and Construction (8,294 people).

The most specialized majors at Heritage Bible College (198677) are Theology (11 degrees awarded) (as of 2022).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Heritage Bible College (198677).

Other Theology & Religious Vocations

Most Common (2022)

11 degrees awarded

In 2022, the most common bachelors degree concentration at Heritage Bible College (198677) was Other Theology & Religious Vocations with 11 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Heritage Bible College (198677) according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 3 degrees were awarded to men at Heritage Bible College (198677), which is 0.375 times less than the number of degrees awarded to females (8).

This chart displays the sex disparity between the top 5 majors at Heritage Bible College (198677) by degrees awarded.

Most Common Male Majors

In 2022, 3 degrees were awarded to men at Heritage Bible College (198677) in Other Theology & Religious Vocations, which is 0.375 times less than the 8 female recipients with that same degree.

Most Common Female Majors

In 2022, 8 degrees were awarded to men at Heritage Bible College (198677) in Other Theology & Religious Vocations, which is 2.67 times more than the 3 male recipients with that same degree.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Male

Highest Graduation Rate (33.3%)

The student demographic with the highest graduation rate in 2021 at Heritage Bible College (198677) is Male and White (33.3% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (73.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

Black or African American
8 degrees awarded
White
3 degrees awarded

The most common race/ethnicity at Heritage Bible College (198677) is black or african american (8 degrees awarded). There were 2.67 times more black or african american recipients than the next closest race/ethnicity group, white (3 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

Black or African American Female
6 degrees awarded
Black or African American Male
2 degrees awarded
White Female
2 degrees awarded

The most common race/ethnicity and sex grouping at Heritage Bible College (198677) is black or african american female (6 degrees awarded). There were 3 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (2 degrees).

Operations

Heritage Bible College (198677) has an endowment valued at nearly $2.73k, as of the end of the 2022 fiscal year. The return on its endowment was of 36 (1.32%) compared to the 0.21% average return (24.5k on 11.6M) across all Special Focus Institutions.

In 2022, Heritage Bible College (198677) had a total salary expenditure of 449k. Heritage Bible College (198677) employs 3 Instructors, 2 Professors. Most academics at Heritage Bible College (198677) are Female Instructor (3), Male Professor (2), and Male Instructor (0).

The most common positions for non-instructional staff at Heritage Bible College (198677) are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 3 employees, Management, with 1 employees, and Business and Financial Operations with 1 employees.

Endowment

$2.73k

2022 Endowment

61.5%

decline from 2021

Heritage Bible College (198677) has an endowment valued at about $2.73k, as of the end of the 2022 fiscal year. The endowment of Heritage Bible College (198677) declined 61.5% from the previous year. The value of their endowment was $11.6M lower than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Heritage Bible College (198677) (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Faith-Related Institutions Carnegie Classification grouping.

Salary Expenditure

$263k

2022 Salaries

6.23%

decline from 2021

In 2022, Heritage Bible College (198677) paid a median of $263k in salaries, which represents 58.6% of their overall expenditure ($449k) and a 6.23% decline from the previous year. This is compared to a 4.3% decline between 2020 and 2021, and a 13.9% growth between 2019 and 2020.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

Instructional Salaries

$93k

Instructional Salaries

Number of Employees

In 2022, Heritage Bible College (198677) paid a total of $93k to 5 employees working as instructors, which represents 35.3% of all salaries paid.

This is compared to a median of $975k (30.7%) for similar Special Focus Institutions.

Occupations by Share

Instructor

Most Common Instructor

3 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

3 Employees

In 2022, the most common positions for instructional staff at Heritage Bible College (198677) were Instructor with 3 employees, and Professor with 2 employees.

In 2022, the most common positions for non-instructional staff at Heritage Bible College (198677) were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 3 employees, Management with 1 employees, and Business and Financial Operations with 1 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Instructor
Male Professor
Male Instructor

In 2022, the most common demographic for instructional staff at Heritage Bible College (198677) was Female Instructor with 3 employees, Male Professor with 2 employees, and Male Instructor with 0 employees.

This chart shows the sex split between each academic rank present at Heritage Bible College (198677).

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