Heritage Bible College

www.heritagebiblecollege.edu/

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2020 Undergraduate Tuition

$7,560

0% growth from 2019

2018 Student Loan

11.3%

Default Rate

2020 Enrolled Students

74.4% Full-Time

About

Heritage Bible College is a higher education institution located in Harnett County, NC. In 2020, the most popular Bachelor's Degree concentrations at Heritage Bible College were Other Theology & Religious Vocations (9 degrees awarded).

In 2020, 11 degrees were awarded across all undergraduate and graduate programs at Heritage Bible College. 54.5% of these degrees were awarded to women, and 45.5% awarded men. The most common race/ethnicity group of degree recipients was black or african american (8 degrees), 4 times more than then the next closest race/ethnicity group, white (2 degrees).

The median undergraduate tuition at Heritage Bible College is $7,560, which is $−6,840 less than the national average for Special Focus Institutions ($14,400).

Costs

The median undergraduate tuition at Heritage Bible College is $7,560, which is $−6,840 less than the national average for Special Focus Institutions ($14,400).

After taking grants and loans into account, the average net price for students is $0.

In 2020, 73% of undergraduate students attending Heritage Bible College received financial aid through grants. Comparatively, 82% of undergraduate students received financial aid through loans.

Tuition Costs

$7,560

2020 Undergraduate Tuition

In 2020, the cost of tuition at Heritage Bible College was $7,560. The cost of tuition at Heritage Bible College is $−6,840 less than than the overall (public and private) national average for Special Focus Institutions ($14,400).

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

Average Net Price

2020 Value

In 2020 Heritage Bible College had an average net price — the price paid after factoring in grants and loans — of $0. Between 2019 and 2020, the average net price of Heritage Bible College grew by 0%.

This chart compares the average net price of Heritage 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

$9,918

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Heritage Bible College was of $9,918 in 2020. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board did not change between 2019 and 2020. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

73%

Undergraduates Receiving Financial Aid through Grants

82%

Undergraduates Receiving Financial Aid through Loans

73% of undergraduate students at Heritage Bible College received financial aid through grants or loans in 2020. This represents a decline of 17% with respect to 2019, when 88% of undergraduate students received financial aid.

This chart compares the average award discount at Heritage 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.

11.3%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Heritage Bible College was 11.3%, which represents 8 out of the 71 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 has a total enrollment of 43 students. The full-time enrollment at Heritage Bible College is 32 students and the part-time enrollment is 11. This means that 74.4% of students enrolled at Heritage Bible College are enrolled full-time.

The enrolled student population at Heritage Bible College, both undergraduate and graduate, is 69.8% Black or African American, 27.9% White, 2.33% Hispanic or Latino, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, 0% Two or More Races, and 0% American Indian or Alaska Native.

Students enrolled at Heritage Bible College in full-time Undergraduate programs are most commonly Black or African American Female (53.1%), followed by Black or African American Male (21.9%) and White Male (12.5%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

74.4%

Full-Time Enrollment

The total enrollment at Heritage Bible College, both undergraduate and graduate, is 43 students. The full-time enrollment at Heritage Bible College is 32 and the part-time enrollment is 11. This means that 74.4% of students enrolled at Heritage Bible College are enrolled full-time compared with 68.5% at similar Special Focus Institutions.

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

Retention Rate over Time

N/A%

N/A 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 was N/A%. Compared with the full-time retention rate at similar Special Focus Institutions (71.5%), Heritage Bible College had a retention rate approximately the same as its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

Black or African American
30
White
12
Hispanic or Latino
1

The enrolled student population at Heritage Bible College is 69.8% Black or African American, 27.9% White, 2.33% Hispanic or Latino, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, 0% Two or More Races, and 0% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 44% White, 17.3% Hispanic or Latino, and 14.4% Black or African American.

Graduates

In 2020, 1 more women than men received degrees from Heritage Bible College. The most common race/ethnicity group of degree recipients at Heritage Bible College is black or african american (8 degrees awarded). There were 4 times more black or african american graduates than the next closest race/ethnicity group, white (2 degrees).

The most common Bachelor's Degree concentration at Heritage Bible College is Other Theology & Religious Vocations (9 degrees awarded), followed by N/A and N/A.

The most specialized majors across all degree types at Heritage Bible College, 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 are Clergy (74,405 people), Elementary & middle school teachers (9,473 people), Other managers (6,316 people), Postsecondary teachers (4,612 people), and Driver/sales workers & truck drivers (4,375 people).

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

Highest Paying Jobs by Major

Physicians

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 are Physicians, Diagnostic medical sonographers, Aircraft pilots & flight engineers, Securities, commodities, & financial services sales agents, and Dentists

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

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 are Religious organizations (82,708 people), Elementary & secondary schools (20,551 people), Colleges, universities & professional schools, including junior colleges (11,740 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (8,056 people), and Construction (7,996 people).

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

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.

Most Common

Other Theology & Religious Vocations
9 degree-majorss awarded
N/A
N/A degree-majorss awarded
N/A
N/A degree-majorss awarded

In 2020, the most common bachelors degree concentration at Heritage Bible College was Other Theology & Religious Vocations with 9 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2020

Degrees Awarded to Women

in 2020

In 2020, 5 degrees were awarded to men at Heritage Bible College, which is 0.833 times less than the number of degrees awarded to females (6).

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

Most Common Male Majors

In 2020, 5 degrees were awarded to men at Heritage Bible College in Other Theology & Religious Vocations, which is 0.833 times less than the 6 female recipients with that same degree.

Most Common Female Majors

In 2020, 6 degrees were awarded to women at Heritage Bible College in Other Theology & Religious Vocations, which is 1.2 times more than the 5 male recipients with that same degree.

Time to Complete

100% Completion Time

33%

150% Completion Time

In 2020, 0% of students graduating from Heritage Bible College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 33% completed their degrees within 150% of the normal time, and 33% 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.

N/A

Highest Graduation Rate (N/A%)

The student demographic with the highest graduation rate at Heritage Bible College is N/A and N/A (N/A% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (72.4%).

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.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, N/A% of graduates (N/A students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

Black or African American
8 degrees awarded
White
2 degrees awarded
Hispanic or Latino
1 degrees awarded

The most common race/ethnicity at Heritage Bible College is black or african american (8 degrees awarded). There were 4 times more black or african american recipients than the next closest race/ethnicity group, white (2 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic

Black or African American Male
4 degrees awarded
Black or African American Female
4 degrees awarded
Hispanic or Latino Female
1 degrees awarded

The most common race/ethnicity and sex grouping at Heritage Bible College is black or african american male (4 degrees awarded). There were 1 times more black or african american male recipients than the next closest race/ethnicity group, black or african american female (4 degrees).

Operations

Heritage Bible College has an endowment valued at nearly $9.29k, as of the end of the 2020 fiscal year. The return on its endowment was of $−NaN3 (−8.75%), compared to the 1.87% average return ($195k on $10.4M) across all Special Focus Institutions.

In 2020, Heritage Bible College had a total salary expenditure of $419k. Heritage Bible College employs 3 Professors, 2 Instructors, and 0 N/A. Most academics at Heritage Bible College are Male Professors (3), Female Instructors(2), and Male Instructors (0).

The most common positions for non-instructional staff at Heritage Bible College are: Business and Financial Operations, with 2 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 2 employees, and Management with 1 employees.

Endowment

$9.29k

2020 Endowment

55.9%

decline from 2019

Heritage Bible College has an endowment valued at about $9.29k, as of the end of the 2020 fiscal year. The endowment of Heritage Bible College declined 55.9% from the previous year. The value of their endowment was $10.4M 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 (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.

Government Grants and Contracts

Grants & Contracts

$0 - Federal
$0 - State
$0 - Local

As of 2020, Heritage Bible College received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Salary Expenditure

$293k

2020 Salaries

13.9%

growth from 2019

In 2020, Heritage Bible College paid a median of $293k in salaries, which represents 70% of their overall expenditure ($419k) and a 13.9% growth from the previous year. This is compared to a 30.2% decline from 2018 and a 1.09% decline from 2017.

The median for similar Special Focus Institutions is 2.95M (42.1% of overall expenditures).

Instructional Salaries

$117k

Instructional Salaries

Number of Employees

In 2020, Heritage Bible College paid a total of $117k to 5 employees working as instructors, which represents 39.8% of all salaries paid.

This is compared to a median of $855k (29%) for similar Special Focus Institutions.

Occupations by Share

Professor

Most Common Instructor

3 Employees

Business and Financial Operations

Most Common Non-Instructional Employee

2 Employees

In 2020, the most common positions for instructional staff at Heritage Bible College were Professor with 3 employees; Instructor with 2 employees; and Instructor with 0 employees.

In 2020, the most common positions for non-instructional staff at Heritage Bible College were Business and Financial Operations with 2 employees; Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 2 employees; and Management with 1 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Male Professor
Female Instructor
Male Instructor

In 2020, the most common demographic for instructional staff at Heritage Bible College was Male Professor with 3 employees, Female Instructor with 2 employees, and Male Instructor with 0 employees.

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