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Veritas Baptist College

Lawrenceburg, IN | OPEID: 03862600

Private nonprofit4-year or aboveTown near a cityOnline onlyAccredited by Transnational Association of Christian Colleges and Schools
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Admissions & graduation

Selectivity, enrollment, and graduation outcomes.

Acceptance rate

—

Fewer than 30 applicants

Enrolled, first-time

13

Most recent year: 2024

Graduation rate

—

Fewer than 30 students in the cohort

Completion within 8 years, all students

33%

Students who started in 2016-17 (33), including part-time and transfer students

First-time, full-time students: 33% (6)

Student-to-faculty ratio

7:1

Most recent year: 2024

Acceptance rate trend

201920202021202220232024

Source: NCES IPEDS (Admissions)

Who enrolls (fall 2024, all 211 students)

By gender

Women34% (71)
Men66% (140)

By race and ethnicity

White68% (143)
Native Hawaiian or Pacific Islander16% (34)
Hispanic or Latino6% (13)
Asian4% (9)
Black or African American3% (7)
Two or more races2% (4)
American Indian or Alaska Native0% (1)

Undergraduates: 133 (35% women) · Graduate students: 78 (31% women)

From the IPEDS Fall Enrollment (EF) survey, fall 2024 headcount of all enrolled students. IPEDS reports gender as men and women and race and ethnicity in federal categories; nonresident students are not classified by race. Online learning counts students taking distance-education courses in fall 2024 (IPEDS Fall Enrollment, distance education). These figures describe who enrolls, not how any group fares at the school. The Department of Education has not endorsed MajorPays' presentation.

Over the 2023-24 year, 317 different students were enrolled at some point, including 28 high school students taking college courses. Source: NCES IPEDS 12-month Enrollment, 2023-24 (every student enrolled at any time during the year, counted once; high school students are counted in the total; provisional data). A count of people enrolled, not a measure of quality.

Total enrollment trend (fall headcount)

225
216
186
182
200
211
201920202021202220232024

Source: NCES IPEDS Fall Enrollment, total headcount of all students each fall (2019 to 2024; the 2024 figure is provisional). A school that merges, adds or closes a campus, or changes which campuses it reports together, can show a sudden jump that is not a change in students.

Degrees awarded trend

19
26
54
42
40
44
2018-192019-202020-212021-222022-232023-24

Source: NCES IPEDS Completions, degrees awarded each academic year (associate’s, bachelor’s, master’s and doctoral, first majors; 2023-24 is a provisional release): the number of awards, not of people, and not a measure of quality. A school that merges, adds or closes a campus, or changes which campuses it reports together, can show a sudden jump that is not a change in students.

Who attends and how they fare

Part-time undergraduates

62%

Share of undergraduates

Undergraduates age 25 or older

46%

Share of undergraduates

Median family income

$38,283

Students who received federal aid

From the U.S. Dept. of Education College Scorecard (Creative Commons Attribution), most recent release. Retention is the share of first-time, full-time students who return the next fall. First-generation share and median family income describe students who received federal aid. Repayment is the share of student borrowers who had repaid at least $1 of their loan principal within three years of entering repayment, not the share who paid in full. MajorPays has selected and reorganized these figures; the Department of Education has not endorsed them.

Campus and admissions policies

Admission policy

Selective or limited

Has admission requirements

Undergraduate application fee

$40

Academic calendar

Semester

Religious affiliation

Baptist

Offered: Employment services for students · Job placement for graduates

From the IPEDS Institutional Characteristics survey (2024-25 collection, provisional; housing, meal plan and application fee from the Cost component). Open admission means the school admits students without selective criteria for most programs. Services and opportunities are those the school reported offering. The Department of Education has not endorsed MajorPays’ presentation.

How old students are (fall 2024)

Undergraduates

Under 2029% (38)
20 to 2427% (36)
25 to 3422% (29)
35 and older23% (30)

Graduate students

Under 201% (1)
20 to 244% (3)
25 to 3423% (18)
35 and older72% (56)

From the IPEDS Fall Enrollment survey (enrollment by age, fall 2024; the age component is collected in full only in odd years, so some schools show fall 2023), U.S. Dept. of Education, NCES; students of unknown age are left out and levels with fewer than 30 students are not shown. Undergraduates under 20 can include high school students taking college courses. The counts describe who enrolls, and the Department of Education has not endorsed the MajorPays presentation.

Where the money goes (expenses, 2023-24)

Total expenses

$1.1 million

2023-24, all purposes

Instruction spending per student

$3,396

131 full-time-equivalent students; includes departmental research and medical instruction not budgeted separately

Instruction38.9%
Research0.0%
Public service0.0%
Academic support6.0%
Student services11.4%
Institutional support43.7%
All other (scholarships and grant aid, auxiliary enterprises, hospitals, independent operations and other)0.0%

From the IPEDS Finance survey (2023-24; forms F1A, F2 or F3 depending on the accounting standard the institution follows) and IPEDS 12-month enrollment (full-time-equivalent students), U.S. Dept. of Education, NCES. Shares are each function as a share of total expenses. Some institutions report finances for several campuses together (their students are added together here), and some values are estimates for institutions that did not report. Institutions with hospitals, large research programs or auxiliary enterprises spend much of their money outside instruction, and accounting rules differ between public and private institutions, so figures are not directly comparable between institutions. Spending is not a measure of quality. MajorPays does not rank institutions and does not provide advice. The Department of Education has not endorsed the MajorPays presentation.

Who works here (staff in full-time equivalents, fall 2024)

Full-time-equivalent staff

24

employees on the payroll, fall 2024, including medical school staff; graduate assistants not counted

Instruction, research and public service62.5% (15)
Librarians, archivists, student and academic affairs and other education services20.8% (5)
Management8.3% (2)
Business and financial operations4.2% (1)
Computer, engineering and science0.0% (0)
Community service, legal, arts and media0.0% (0)
Healthcare practitioners and technical0.0% (0)
All other (service including healthcare support, office, maintenance, sales, production)4.2% (1)

From the IPEDS Human Resources survey (full-time-equivalent staff by occupational category, fall 2024), U.S. Dept. of Education, NCES. Full-time-equivalent staff count each part-time employee as one third of a full-time one; counts include medical school staff where the institution has one but not graduate assistants. Institutions with hospitals, research centers or athletic programs employ many people outside teaching, and some campuses report together (figures for child campuses are estimates allocated from the parent), so counts are not directly comparable between institutions. MajorPays does not rank institutions and does not provide advice. The Department of Education has not endorsed the MajorPays presentation.

Acceptance rate is admitted ÷ applicants; yield rate is enrolled ÷ admitted. Graduation rate is completers within 150% of normal program time ÷ the adjusted cohort size. From IPEDS Admissions (ADM), Graduation Rates (GR), and Fall Enrollment (EF) survey components. Completion within 8 years is from the IPEDS Outcome Measures (OM) component: the share of degree- or certificate-seeking undergraduates who started in 2016-17 and earned any award from this school within eight years, counting part-time and transfer-in students that the standard graduation rate leaves out; the Department of Education has not endorsed MajorPays' presentation.

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Outcomes after enrolling

What students earned and how they repaid federal loans, from the U.S. Dept. of Education College Scorecard.

Median earnings, 6 years after entry

$30,634

Median earnings, 8 years after entry

—

Median earnings, 10 years after entry

—

8% of first-time, full-time students transferred to another school within 150% of normal time. Transfer rate: the share of full-time, first-time degree- or certificate-seeking students who transferred to another school within 150% of normal time (IPEDS Graduation Rates, pooled years, as published in the College Scorecard); students who transfer out are not counted as graduates of this school. Schools report transfers out only when preparing students to transfer is part of their mission, so many schools show none.

Undergraduates with a Pell Grant

30%

Undergraduates with a federal loan

7.9%

Source: U.S. Dept. of Education, College Scorecard (institution-level data, June 2026 release), licensed under Creative Commons Attribution. MajorPays has selected and reorganized these measures; the Department has not endorsed them. Earnings are for students who received federal financial aid and were working and not enrolled 6, 8 and 10 years after first entering the school; family income groups are thirds of students' reported family income. Repayment shows undergraduate federal loan borrowers by status after entering repayment (deferment and forbearance are combined). The monthly amount on the debt card is the Department's calculation of a standard 10-year payment at 4.99% interest on the median federal debt of students who completed; actual payments depend on the repayment plan. A dash means the value is not published, often because too few students were in the group.

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Cost

Tuition, net price, and how it's changed over time.

Tuition & fees

$10,522

Most recent year: 2024

Net price

$21,695

Most recent year: 2023

Cost of attendance, off campus

$33,386

2024-25 published charges: Tuition & fees $10,522 + books $800 + room & board $6,416 + other $15,648

Graduate tuition & fees (full-time): $7,812

Net price by family income (average price after grants and scholarships)

$0 to $30,000$20,796
$30,001 to $48,000$20,699
$48,001 to $75,000$22,527
$75,001 to $110,000$24,494

Net price by family income is the average price after grants and scholarships for first-time, full-time undergraduates who received federal aid, by family income bracket (College Scorecard, most recent year). Brackets with few students can look out of order; read them as rough guides.

Tuition & fees trend

$4k
$5k
$6k
$6k
$6k
$6k
$6k
$7k
$8k
$8k
$9k
$11k
2009201020112012201320142015201620172018201920202021202220232024

Source: U.S. Dept. of Education College Affordability & Transparency Center (CATC)

Net price trend

$6k
$12k
$13k
$9k
$13k
$17k
$9k
$16k
$10k
$17k
$22k
2008200920102011201220132014201520162017201820192020202120222023

Source: U.S. Dept. of Education College Affordability & Transparency Center (CATC)

Tuition & fees is the institution's published sticker price; net price is the average price after grants and scholarships for first-time, full-time undergraduates receiving aid (lags tuition by one year in CATC's own reporting).

Cost of attendance adds the school’s published charges for tuition and fees (in-state), books and supplies, room and board, and other expenses for a full-time undergraduate in 2024-25 (provisional data). It is a sticker total, not what a student pays after grants and scholarships. From the NCES IPEDS Cost component (2024-25 data are provisional); the Department of Education has not endorsed MajorPays' presentation.

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Financial aid

Grants and loans received by full-time first-year students.

Received any aid

89.0%

Most recent year: 2024

Pell grants

56.0%

of students received one

Average award: $2,793

Federal grants

56.0%

of students received one

Average award: $2,793

Student loans

22.0%

of students took one out

Average amount: $2,750

Share of students receiving any aid

59.0%
60.0%
60.0%
57.0%
60.0%
89.0%
201920202021202220232024

Source: NCES IPEDS (Student Financial Aid)

Cohort is full-time, first-time undergraduates (a typical incoming class), not the whole student body. Pell grants are federal need-based grants for lower-income students; federal grants also includes Pell. Averages are among students who received that type of aid.

Veterans and service members (2023-24)

10 students received Post-9/11 GI Bill benefits ($6,301 on average, $63,012 in all).

Source: U.S. Dept. of Education, NCES, IPEDS Student Financial Aid component, Military Service and Veteran’s Benefits (academic year 2023-24; reported by each school; shown when at least 10 students received the benefit). Recipients can include spouses and dependents, and Yellow Ribbon matching aid is not included. These are counts of students and dollars, not a rating of how a school treats veterans or service members, and they do not say who may enroll. The Department of Education has not endorsed the MajorPays presentation. MajorPays does not provide advice.

Links from the school

How to apply · Financial aid office · Net price calculator · Veterans’ benefits

Web addresses the school itself reported to the U.S. Dept. of Education (IPEDS directory, 2024-25). MajorPays does not control these sites and cannot vouch for them; the addresses may be out of date. Always check the school’s own site for current prices and deadlines. MajorPays does not provide advice.

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Finances

Revenue, expenses, and financial indicators.

Core revenue

$1,206,775

Most recent year: 2024

Core expense

$1,142,588

Total operating expense

Instruction spending

$3,396

Per FTE student

Endowment

—

Not reported for this institution

Equity ratio

73.0%

Equity divided by total assets

Reported as a private nonprofit institution, FASB accounting standard. Core revenue/expense are total operating figures (not per-student). Equity ratio is the share of total assets financed by equity rather than debt (shown only between -100% and 100%; what is typical varies a lot by sector, and this is not a judgment of the institution). From IPEDS Finance survey component.

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Staffing

Faculty salary and staff counts (full-time equivalent).

Average faculty salary

$30,794

All ranks, 2024

Professor: $34,952
Instructor: $22,479

Total staff

24

Full-time equivalent

Instructional staff

15

Full-time equivalent

Average salary is equated to a 9-month contract for full-time instructional staff. FTE (full-time equivalent) staff counts combine full- and part-time staff into a single comparable headcount. From IPEDS Human Resources survey component.