Graceland University-Lamoni
Lamoni, IA 50140 — Private Nonprofit
Value Score: 75/100 | ROI Score: -43 | Affordability Score: 75/100
Tuition (In-State): $20,950 | Out-of-State: $20,950
Acceptance Rate: 80.8% | Graduation Rate: 40.2% | Retention Rate: 55.0%
Median Earnings (10yr): $47,361 | Median Debt: $21,212
ACT Midpoint: 20
Student Body Size: 798 (small)
Pell Grant Recipients: 49.2% | Federal Loan Rate: 77.6%
Average Faculty Salary: $6,885/month
Tuition & Affordability Analysis
In-state tuition at Graceland University-Lamoni is $20,950 per year, which is 47% below the national average for private institutions.
Out-of-state students pay $20,950/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.
Estimated four-year tuition cost: $83,800 (tuition only, not including room, board, and fees).
What You Actually Pay: Net Price by Family Income
The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Graceland University-Lamoni:
- Families earning $0–$30,000: $15,875/year
- Families earning $30,001–$48,000: $16,390/year
- Families earning $48,001–$75,000: $20,883/year
- Families earning $75,001–$110,000: $18,345/year
- Families earning $110,000+: $21,560/year
Low-income families receive an average discount of $5,075/year, paying just 76% of the sticker price.
Admissions Snapshot
Graceland University-Lamoni has an acceptance rate of 80.8%, placing it in the Less Selective (70–85%) category. This means roughly 247 students apply each year.
Graceland University-Lamoni accepts the majority of applicants, making it an accessible option for students across a range of academic backgrounds.
The ACT midpoint is 20, 5% below the national average.
Graduate Outcomes & Return on Investment
40.2% of students at Graceland University-Lamoni complete their degree, 35% below the national average. This is below average — prospective students should investigate support services and retention programs.
First-year retention rate: 55.0% (32% below the national average). A retention rate below 75% suggests some students struggle with fit, academics, or affordability.
Graduates of Graceland University-Lamoni earn a median salary of $47,361 ten years after enrollment, 16% above the national average. This represents a $12,361/year earnings premium over the average high school diploma holder, or $370,830 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $21,212, near the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $230/month, with a total repayment of $27,600 (including $6,388 in interest).
Debt-to-Earnings Ratio: 0.45x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.
Breakeven Point: Based on the earnings premium over high school graduates, a degree from Graceland University-Lamoni pays for itself in approximately 7 years. This is a reasonable investment timeline.
Financial Aid Profile
49.2% of students at Graceland University-Lamoni receive Pell Grants (federal need-based aid for families earning under ~$60,000), 49% above the national average. This is near the national average, reflecting a typical economic diversity among the student body.
77.6% of students take federal loans, 65% above the national average. This high borrowing rate means most students need loans to attend. Factor loan payments into your decision carefully.
Average faculty salary: $6,885/month, 21% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
Graceland University-Lamoni enrolls 798 undergraduate students. As a small institution, students can expect smaller class sizes, closer faculty relationships, and a tight-knit campus community.
Diversity Index: 74/100 (higher = more diverse). Graceland University-Lamoni has a highly diverse student body with strong representation across multiple racial and ethnic groups.
Student body composition: White 45%, Hispanic 14%, Black 20%, Asian 1%.
Graceland University-Lamoni: A Small Private Institution with Strong Liberal Arts Focus
- Graceland University: A Deep Dive into Post-Graduation Success and Value
- Beyond the Classroom: Exploring Career Pathways from Graceland University-Lamoni
- Is Graceland University the Right Fit? Analyzing Cost, Outcomes, and Campus Life
Report Card: Overall Grade D+
Graceland University-Lamoni receives an overall grade of D+ based on six dimensions:
- Academics: D
- Value: F
- Outcomes: C+
- Affordability: A
College Analysis
Graceland University-Lamoni is a Private Nonprofit institution in Lamoni, IA with approximately 798 students. Academics: Graceland University offers a range of programs, with a strong emphasis on liberal arts and professional studies. Value: The university provides a relatively affordable education compared to its peers, with a decent affordability score of 75. Outcomes: Graduates have a median earning potential of $47,361 after 10 years, but the graduation rate is lower than average at 40.19%.
The Verdict: Is Graceland University-Lamoni Worth It?
Graceland University-Lamoni presents a challenging value proposition. With a median 10-year earning of $47,361 and a median debt of $21,212, the return on investment (ROI) score of -43 indicates that graduates, on average, do not recoup their educational investment quickly. The total cost of attendance, even with the in-state/out-of-state tuition being the same at $20,950, is substantial relative to the median earnings. A rough calculation suggests that it would take approximately 4-5 years of post-graduation earnings, assuming all income goes towards debt repayment and living expenses, to clear the median debt. This timeline is extended when considering the lower median earnings. The graduation rate of 40.2% is also a significant concern, suggesting that a large percentage of students do not complete their degrees, potentially incurring debt without the intended credential. While the university offers a private education experience, the financial outcomes suggest that it is not a financially sound investment for many students compared to other institutions. It is an overpriced option given the reported earnings and debt levels. Recommendation: Prospective students should carefully weigh the financial implications, explore all available scholarships and grants, and thoroughly research program-specific career outcomes before committing to Graceland University-Lamoni. Consider alternative institutions with stronger ROI metrics.
Return on Investment
While the tuition is affordable, the lower graduation rate and limited specialized programs may impact the return on investment for some students.
Debt Reality Check
Median student debt at Graceland University-Lamoni: $21,212. Monthly payment on a standard 10-year plan: $241/month. Total repaid: $28,920 ($7,708 in interest).
Breakeven vs high school diploma: 1.2 years. Debt burden: Manageable. Salary needed for comfortable repayment: $28,920.
Strengths
- Strong liberal arts and professional studies programs
- Affordable tuition for in-state and out-of-state students
- Diverse student body
Weaknesses
- Lower graduation rate compared to peers
- Limited specialized programs
- Smaller campus size
Academic Profile
ACT Midpoint: 20. Retention Rate: 55.0%.
Graceland University-Lamoni, while a smaller institution, offers a robust academic experience with a focus on personalized attention. The university prides itself on its liberal arts foundation, ensuring students receive a well-rounded education across various disciplines. Notable departments include Business, Education, and Nursing, which often see high enrollment and provide strong career pathways. The relatively low student-faculty ratio, though not explicitly provided, can be inferred to be small given the student population of under 800, suggesting ample opportunity for faculty interaction and mentorship. While specific research opportunities for undergraduates aren't heavily publicized, the intimate class sizes and accessible faculty create an environment conducive to student-faculty collaborative projects. Graceland offers an Honors Program for academically gifted students, providing enriched coursework and unique learning experiences. Study abroad is a significant component of the Graceland experience, with programs designed to broaden students' perspectives and cultural understanding. Academic support services are readily available, including tutoring, writing center assistance, and academic advising, all aimed at ensuring student success. The university's commitment to a holistic education means that academic rigor is balanced with personal development and spiritual growth.
Financial Aid Guide for Graceland University-Lamoni
Pell Grant recipients: 49.2%. Students taking federal loans: 77.6%.
Graceland University-Lamoni aims to make its private education accessible through a combination of merit-based and need-based financial aid. For the incoming class, it's common for students to receive institutional aid, which can significantly reduce the sticker price of $20,950. Merit scholarships are often awarded automatically based on academic achievement, such as GPA and potentially ACT/SAT scores if submitted, though these are not heavily emphasized in the provided data. Need-based grants are determined by the FAFSA and can include federal Pell Grants (if eligible) and state aid. Work-study opportunities are also available, providing students with on-campus jobs to help finance their education. Typical aid packages can vary widely, but for students from middle-income families, a combination of merit aid and federal loans might cover a substantial portion of the tuition. For lower-income students, federal and state grants, along with work-study, could significantly offset costs. Scholarship tips include applying early, exploring external scholarships from community organizations and religious affiliations (given Graceland's heritage), and actively communicating with the financial aid office. Negotiating aid at Graceland is generally less common than at larger, more research-intensive universities, as institutional aid is often awarded based on established criteria. However, presenting a strong case with updated financial information or extenuating circumstances might yield some flexibility.
Hidden Costs at Graceland University-Lamoni
- Room and board costs can range from $8,000 to $10,000 annually, depending on the chosen meal plan and housing assignment.
- Textbooks and course materials can add an estimated $1,000 to $1,500 per academic year.
- Student activity fees, often around $200-$300 per semester, contribute to campus events and organizations.
- Transportation costs, especially for students commuting from further distances or needing personal vehicle use, can be variable but should be budgeted for.
- Personal expenses, including toiletries, laundry, and entertainment, can easily amount to $1,500-$2,000 per year.
- Health insurance, if not covered by a parent's plan, can cost upwards of $2,000 annually.
- Parking permits for students with vehicles typically range from $50 to $100 per semester.
Alumni Outcomes & Career Paths
Graceland University-Lamoni, a private institution in Iowa, presents a mixed picture for graduate outcomes. While specific data on major employers actively recruiting from Graceland is not readily available, alumni tend to disperse across various sectors, often finding roles within regional healthcare systems, educational institutions, and local businesses. Given its location, many graduates find employment in Iowa and surrounding Midwestern states. Industries where alumni cluster often reflect the university's program strengths, with significant representation in nursing and health sciences, education, and business administration. For instance, graduates from the nursing program might find opportunities at regional hospitals like CHI Health Mercy Hospital in Corning, Iowa, or broader healthcare networks such as UnityPoint Health, which has a strong presence across Iowa. Those with education degrees often seek positions in K-12 school districts within Iowa and Missouri. The university's career services aim to support students through resume building, interview preparation, and connecting them with potential employers. However, the scale of Graceland's operations means it may not have the extensive internship pipelines or direct recruitment relationships with large national corporations that larger universities do. Graduate school placement rates are not prominently published, but students pursuing advanced degrees in fields like physical therapy, physician assistant studies, or advanced nursing often matriculate to programs at universities like Des Moines University or the University of Iowa. Notable alumni are not widely publicized, suggesting a focus on community impact rather than national recognition. Geographic hiring patterns strongly favor the Midwest, with a concentration of alumni working in Iowa, Missouri, and Nebraska, reflecting the university's regional draw and the economic landscape of these areas.
Campus Life & Culture at Graceland University-Lamoni
Graceland University-Lamoni attracts a student body that values community, faith, and personal growth. The majority of students come from Iowa and surrounding Midwestern states, creating a cohesive regional demographic. Students who thrive here are typically those seeking a supportive, smaller campus environment where they can build strong relationships with peers and faculty.
Graceland University-Lamoni offers a close-knit campus community deeply rooted in its Church of the Nazarene heritage, fostering a supportive and faith-centered environment. The 'vibe' here is one of genuine connection and shared purpose, where students often describe feeling like part of a large family. Social life is active but not overwhelming, with a strong emphasis on campus-organized events rather than a sprawling Greek system. Student organizations are plentiful, ranging from academic clubs and service groups like Circle K International to spiritual life organizations and intramural sports teams. The university encourages participation, and getting involved is a key part of the Graceland experience. Housing is primarily on-campus, with traditional residence halls like Herrick Hall and the newer Johnson Hall providing living spaces. Many students live in these halls throughout their four years, contributing to the strong sense of community. Dining services are centralized, offering a convenient way for students to connect during meals in the main dining hall. Athletics play a role, with the Graceland Yellowjackets competing in the NAIA, offering opportunities for student-athletes and spirited support from the student body at games. Lamoni itself is a small town, meaning campus life is the primary social hub for most students. Traditions like Homecoming, with its parade and alumni gatherings, are significant events that bring the community together. The campus is known for its beautiful, sprawling grounds, offering a peaceful setting for study and recreation.
Campus Highlights
- Strong Church of the Nazarene heritage fostering a faith-based community.
- Emphasis on a close-knit, family-like atmosphere.
- Active student life with numerous clubs, organizations, and spiritual development opportunities.
- Beautiful, expansive campus grounds conducive to a peaceful learning environment.
- Commitment to study abroad experiences for all students.
- Small class sizes ensuring personalized attention from faculty.
- Active participation in NAIA athletics with the Graceland Yellowjackets.
Location & Regional Advantages
Graceland University-Lamoni's location in Lamoni, Iowa, offers a distinct set of regional advantages and challenges. The local job market is primarily driven by agriculture, small businesses, and regional healthcare providers. Lamoni itself is a small, rural community, meaning that immediate post-graduation employment opportunities for a broad range of professions may be limited within the town. However, this setting contributes to a lower cost of living compared to major metropolitan areas, making personal finances more manageable for graduates who choose to stay in the region. The university is situated about 90 miles south of Des Moines, Iowa's capital and largest city, which offers a more robust job market with opportunities in finance, technology, and healthcare. Kansas City, Missouri, is also within a reasonable driving distance (approximately 2 hours), providing access to a larger metropolitan economy and a wider array of industries, including advanced manufacturing, animal health, and biosciences. The quality of life in Lamoni is characterized by a quiet, rural atmosphere, which can appeal to students seeking a close-knit community and a slower pace of life. Safety is generally high in such rural settings. Weather in Iowa includes distinct seasons, with cold winters and warm, humid summers. The primary career advantage of this location is its affordability and the potential for graduates to establish themselves in growing regional economies, particularly in healthcare and education, where local needs are consistent. However, the distance from major industry hubs means that students may need to actively seek out internships and networking opportunities in larger cities to broaden their career horizons.
How to Get Into Graceland University-Lamoni
Graceland University-Lamoni employs a holistic review process, meaning they look beyond just grades and test scores. Given an admission rate of 80.8%, Graceland is accessible to a broad range of students, but a strong application still matters. While Early Decision (ED) and Early Action (EA) aren't explicitly mentioned as having significant advantages, applying earlier is always recommended to ensure full consideration for both admission and financial aid. The admissions committee values students who demonstrate a commitment to Graceland's mission and values, often reflected in essays and extracurricular activities. While specific GPA and test score ranges are not provided, aim for a GPA that reflects solid academic performance in high school, and if submitting scores, aim for the midpoint of typical admitted students. Essay topics that resonate often explore personal growth, community involvement, leadership experiences, and how a student's values align with Graceland's. Demonstrated interest can be shown through campus visits (virtual or in-person), attending information sessions, and engaging with admissions counselors. A recommended timeline would be to apply by the priority deadline, typically in the late winter or early spring, to maximize scholarship and aid opportunities.
How Graceland University-Lamoni Compares to Similar Schools
Similar schools: William Penn University, Grand View University, Simpson College, Buena Vista University
Advantages
- Potentially smaller class sizes fostering closer student-faculty interaction.
- A strong emphasis on its specific religious affiliation (Community of Christ) can provide a unique community and value system for like-minded students.
- Lower overall student body size may lead to a more intimate campus experience.
Disadvantages
- Significantly lower graduation rate compared to many peers.
- Lower median earnings post-graduation compared to national averages and some regional competitors.
- Limited geographic reach for career placement and alumni networks compared to larger institutions.
Best For
- Prospective students who prioritize a high graduation rate may want to consider other institutions.
- Students seeking highly specialized programs may find Graceland University's offerings limited.
- Those looking for a larger campus experience may prefer larger institutions.
Avoid If
- Students who are looking for a more affordable education with a strong liberal arts focus should consider Graceland University.
- Prospective students who are interested in a smaller, more personalized educational experience may find Graceland University appealing.
Frequently Asked Questions about Graceland University-Lamoni
How much does it cost to attend Graceland University-Lamoni?
In-state tuition at Graceland University-Lamoni is $20,950 per year, and out-of-state tuition is $20,950 per year. The median student debt at graduation is $21,212.
What is the acceptance rate at Graceland University-Lamoni?
Graceland University-Lamoni has an acceptance rate of 80.8%.
What is the graduation rate at Graceland University-Lamoni?
Graceland University-Lamoni has a graduation rate of 40.2%.
How much do Graceland University-Lamoni graduates earn?
The median earnings for Graceland University-Lamoni graduates 10 years after enrollment is $47,361. With median debt of $21,212, graduates earn roughly 2.2x their debt level annually.
How big is Graceland University-Lamoni?
Graceland University-Lamoni has approximately 798 students and is classified as a small institution. It is located in Lamoni, IA and is a Private Nonprofit institution.
Is Graceland University-Lamoni worth the cost?
Graceland University-Lamoni has an ROI score of -43 out of 100. With in-state tuition of $20,950 per year and median post-graduation earnings of $47,361, the data suggests the return on investment may be below average.
Where is Graceland University-Lamoni located?
Graceland University-Lamoni is located in Lamoni, IA. It is a Private Nonprofit institution with approximately 798 students.
How much student debt do Graceland University-Lamoni graduates have?
The median student debt for Graceland University-Lamoni graduates is $21,212. With median earnings of $47,361 ten years after enrollment, graduates can expect a debt-to-income ratio of 45%.
Is Graceland University-Lamoni a good college?
Graceland University-Lamoni has a graduation rate of 40.2% and median post-graduation earnings of $47,361. Graceland University has a diverse student body with a significant portion of students identifying as white.
How does Graceland University-Lamoni compare to similar colleges?
The university's admission rate is relatively high at 80.83%, indicating a more accessible admissions process. Compared to peer institutions, Graceland University offers a more affordable education with a strong liberal arts focus, but its lower graduation rate may be a concern.
What career prospects do Graceland University-Lamoni graduates have?
Graduates of Graceland University are well-prepared for careers in various fields, particularly those that value a strong liberal arts background.
What should prospective students know about Graceland University-Lamoni?
Graceland University holds a niche position in the market, offering a blend of affordability and a strong liberal arts education.
What makes Graceland University-Lamoni stand out?
Graceland University's tuition is the same for in-state and out-of-state students, making it more affordable for out-of-state students.
What are the pros and cons of attending Graceland University-Lamoni?
The median debt of $21,212 is relatively low compared to the median earnings, suggesting a good return on investment.
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View on College Scorecard (Dept. of Education)
Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.