Lancaster Bible College

https://www.lbc.edu

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2022 Undergraduate Tuition

$27,760

4.01% growth from 2021

2022 Average Net Price

$21,415

After Financial Aid

2020 Default Rate

on Student Loans

2022 Acceptance Rate

97.2%

351 Applicants

2022 Enrolled Students

2,066

44.7% Full-Time

2022 Graduation Rate

66.9%

105 Graduates

About

Lancaster Bible College is a higher education institution located in Lancaster County, PA. In 2022, the most popular Bachelors Degree concentrations at Lancaster Bible College were Biblical Studies (125 degrees awarded), Other Business Administration, Management, & Operations (55 degrees), and Elementary Education & Teaching (22 degrees).

In 2022, 512 degrees were awarded across all undergraduate and graduate programs at Lancaster Bible College. 50.6% of these degrees were awarded to women, and 49.4% awarded men. The most common race/ethnicity group of degree recipients was white (267 degrees), 2.12 times more than then the next closest race/ethnicity group, black or african american (126 degrees).

The median undergraduate tuition at Lancaster Bible College is $27,760, which is $12,819 more than the national average for Special Focus Institutions ($14,942).

In 2020 the default rate for borrower's at Lancaster Bible College was 0%, corresponding to 0 out of the 543 total borrowers.

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

Costs

In 2022, the median undergraduate tuition at Lancaster Bible College is $27,760, which is $12,819 more than the national average for Special Focus Institutions ($14,942).

After taking grants and loans into account, the average net price for students is $21,415.

In 2022, 89% of undergraduate students attending Lancaster Bible College received financial aid through grants. Comparatively, 53% of undergraduate students received financial aid through loans.

Tuition Costs

$27,760

2022 Undergraduate Tuition

In 2022, the cost of tuition at Lancaster Bible College was $27,760. The cost of tuition at Lancaster Bible College is $12,819 more than than the overall (public and private) national average for Special Focus Institutions ($14,942).

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

Average Net Price

$21,415

2022 Value

5.66%

1 Year Growth

In 2022 Lancaster Bible College had an average net price — the price paid after factoring in grants and loans — of $21,415. Between 2021 and 2022, the average net price of Lancaster Bible College grew by 5.66%.

This chart compares the average net price of Lancaster Bible College (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

$9,102

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Lancaster Bible College was of $9,102 in 2022. The cost of room and board increased by 9.33% 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 Lancaster Bible College (in red) with that of similar universities.

Financial Aid by Income Level

89%

Undergraduates Receiving Financial Aid through Grants

53%

Undergraduates Receiving Financial Aid through Loans

89% of undergraduate students at Lancaster Bible College received financial aid through grants or loans in 2022. This represents a growth of 14.1% with respect to 2021, when 78% of undergraduate students received financial aid.

This chart compares the average award discount at Lancaster Bible College (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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Lancaster Bible College was 0%, which represents 0 out of the 543 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.

Admissions

Lancaster Bible College received 351 undergraduate applications in 2022, which represents a 27.6% annual growth. Out of those 351 applicants, 341 students were accepted for enrollment, representing a 97.2% acceptance rate.

There were 2,066 students enrolled at Lancaster Bible College in 2022. 40% of first-time enrollees submitted SAT scores with their applications.

Lancaster Bible College has an overall enrollment yield of 54%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

97.2%

Acceptance Rate in 2022

341

Accepted Out of 351

In 2022, the undergraduate acceptance rate of Lancaster Bible College was 97.2% (341 admissions from 351 applications). This is higher than the acceptance rate of 2021, which was 96%. Between 2021 and 2022, the number of applicants grew by 27.6%, while admissions grew by 29.2%.

This chart compares the acceptance rate of Lancaster Bible College (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

40%

Submission Percentage (2022)

Scores Submitted (2022)

40% of enrolled first-time students at Lancaster Bible College in 2022 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Lancaster Bible College had a total enrollment of 2,066 students in 2022. The full-time enrollment at Lancaster Bible College is 923 students and the part-time enrollment is 1,143. This means that 44.7% of students enrolled at Lancaster Bible College are enrolled full-time.

The enrolled student population at Lancaster Bible College, both undergraduate and graduate, is 56.8% White, 25.1% Black or African American, 4.45% Two or More Races, 2.61% Hispanic or Latino, 2.27% Asian, 0.387% American Indian or Alaska Native, and 0.242% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Lancaster Bible College in full-time Undergraduate programs are most commonly White Female (41%), followed by White Male (35.2%) and Black or African American Male (6.59%). Students enrolled in full-time Graduate programs are most commonly White Female (28.4%), followed by White Male (27.3%) and Black or African American Male (13.6%).

Full-Time vs Part-Time Enrollment

44.7%

Full-Time Enrollment

The total enrollment at Lancaster Bible College in 2022, both undergraduate and graduate, is 2,066 students. The full-time enrollment at Lancaster Bible College is 923 and the part-time enrollment is 1,143. This means that 44.7% of students enrolled at Lancaster Bible College 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 Lancaster Bible College (in red) compares to similar universities.

Retention Rate over Time

81%

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 Lancaster Bible College was 81%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Lancaster Bible College had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
1,173 enrolled students
Black or African American
519 enrolled students
Two or More Races
92 enrolled students

The enrolled student population at Lancaster Bible College is 56.8% White, 25.1% Black or African American, 4.45% Two or More Races, 2.61% Hispanic or Latino, 2.27% Asian, 0.387% American Indian or Alaska Native, and 0.242% Native Hawaiian or Other Pacific Islanders. 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, 6 more women than men received degrees from Lancaster Bible College. The most common race/ethnicity group of degree recipients at Lancaster Bible College is white (267 degrees awarded). There were 2.12 times more white recipients than the next closest race/ethnicity group, black or african american (126 degrees).

The most common Bachelor's Degree concentration at Lancaster Bible College is Biblical Studies (125 degrees awarded), followed by Other Business Administration, Management, & Operations (55 degrees) and Elementary Education & Teaching (22 degrees).

In 2022, the most specialized majors across all degree types at Lancaster Bible College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (272 degrees awarded), Public Administration and Social Service (22 degrees), and Communication Technologies (3 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Lancaster Bible College are Elementary & middle school teachers (1,558,507 people), Secondary school teachers (452,096 people), Education administrators (258,814 people), Special education teachers (186,779 people), and Social workers, all other (174,690 people).

The most specialized majors at Lancaster Bible College in 2022 are Theology (272 degrees awarded), Public Administration and Social Service (22 degrees), Communication Technologies (3 degrees), Parks, Recreation, & Leisure (12 degrees), and Education (49 degrees) (as of 2022).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Lancaster Bible College are Surgeons, Cardiovascular technologists and technicians, Aircraft pilots & flight engineers, Nurse anesthetists, and Physicians

The most specialized majors at Lancaster Bible College are Theology (272 degrees awarded), Public Administration and Social Service (22 degrees), Communication Technologies (3 degrees), Parks, Recreation, & Leisure (12 degrees), and Education (49 degrees) (as of 2022).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Lancaster Bible College are Elementary & secondary schools (2,751,879 people), Colleges, universities & professional schools, including junior colleges (256,424 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (203,580 people), Individual & family services (145,860 people), and Religious organizations (133,678 people).

Majors Awarded

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

Most Common (2022)

Biblical Studies
125 degrees awarded
Other Business Administration, Management, & Operations
55 degrees awarded
Elementary Education & Teaching
22 degrees awarded

In 2022, the most common bachelors degree concentration at Lancaster Bible College was Biblical Studies with 125 degrees awarded.

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

Sex Breakdown for Common Majors

253

Degrees Awarded to Men

in 2022

259

Degrees Awarded to Women

in 2022

In 2022, 253 degrees were awarded to men at Lancaster Bible College, which is 0.977 times less than the number of degrees awarded to females (259).

This chart displays the sex disparity between the top 5 majors at Lancaster Bible College by degrees awarded.

Most Common Male Majors

In 2022, 96 degrees were awarded to men at Lancaster Bible College in Biblical Studies, which is 1.33 times more than the 72 female recipients with that same degree.

Most Common Female Majors

In 2022, 72 degrees were awarded to men at Lancaster Bible College in Biblical Studies, which is 0.75 times less than the 96 male recipients with that same degree.

Time to Complete

49%

100% Completion Time

60%

150% Completion Time

In 2022, 49% of students graduating from Lancaster Bible College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 60% completed their degrees within 150% of the normal time, and 61% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Male

Highest Graduation Rate (75%)

The student demographic with the highest graduation rate in 2022 at Lancaster Bible College is Male and Two or More Races (75% 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)

White
267 degrees awarded
Black or African American
126 degrees awarded
Two or More Races
35 degrees awarded

The most common race/ethnicity at Lancaster Bible College is white (267 degrees awarded). There were 2.12 times more white recipients than the next closest race/ethnicity group, black or african american (126 degrees).

8.98% of degree recipients (46 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Male
140 degrees awarded
White Female
127 degrees awarded
Black or African American Female
64 degrees awarded

The most common race/ethnicity and sex grouping at Lancaster Bible College is white male (140 degrees awarded). There were 1.1 times more white male recipients than the next closest race/ethnicity group, white female (127 degrees).

Operations

Lancaster Bible College has an endowment valued at nearly $16.4M, as of the end of the 2022 fiscal year. The return on its endowment was of 29.2k (0.178%) compared to the 0.21% average return (24.5k on 11.6M) across all Special Focus Institutions.

In 2022, Lancaster Bible College had a total salary expenditure of 35.8M. Lancaster Bible College employs 32 Assistant professors, 18 Professors and 6 Associate professors. Most academics at Lancaster Bible College are Male Professor (18), Male Assistant professor (17), and Female Assistant professor (15).

The most common positions for non-instructional staff at Lancaster Bible College are: Management, with 55 employees, Office and Administrative Support, with 54 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 20 employees.

Endowment

$16.4M

2022 Endowment

9.83%

decline from 2021

Lancaster Bible College has an endowment valued at about $16.4M, as of the end of the 2022 fiscal year. The endowment of Lancaster Bible College declined 9.83% from the previous year. The value of their endowment was $4.79M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Lancaster Bible College (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

$18.1M

2022 Salaries

11.6%

growth from 2021

In 2022, Lancaster Bible College paid a median of $18.1M in salaries, which represents 50.5% of their overall expenditure ($35.8M) and a 11.6% growth from the previous year. This is compared to a 1.65% decline between 2020 and 2021, and a 5.2% growth between 2019 and 2020.

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

Instructional Salaries

$3.79M

Instructional Salaries

Number of Employees

In 2022, Lancaster Bible College paid a total of $3.79M to 58 employees working as instructors, which represents 20.9% of all salaries paid.

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

Occupations by Share

Assistant professor

Most Common Instructor

32 Employees

Management

Most Common Non-Instructional Employee

55 Employees

In 2022, the most common positions for instructional staff at Lancaster Bible College were Assistant professor with 32 employees, Professor with 18 employees, and Associate professor with 6 employees.

In 2022, the most common positions for non-instructional staff at Lancaster Bible College were Management with 55 employees, Office and Administrative Support with 54 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 20 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Professor
Male Assistant professor
Female Assistant professor

In 2022, the most common demographic for instructional staff at Lancaster Bible College was Male Professor with 18 employees, Male Assistant professor with 17 employees, and Female Assistant professor with 15 employees.

This chart shows the sex split between each academic rank present at Lancaster Bible College.

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