Midwestern Baptist
Theological Seminary
Private College in Kansas City, MO. Six-year graduation rate 64%. Median 10-year earnings $50,535.
Students who entered Midwestern Baptist Theological Seminary land at a median of $50,535 a decade later, close to what most four-year schools deliver. The six-year graduation rate is 64%, meaning about one in three students who start do not finish. Graduates leave owing a median of $15,675 — modest by four-year standards.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ Debt-to-income ratio 0.31 — healthy (below the 0.40 threshold)
- ✓ 3-year loan default 0.0% — below national benchmark
Admissions
With an acceptance rate of 96%, Midwestern Baptist Theological Seminary takes nearly everyone who applies. The applicant pool is small at 139, which makes year-over-year comparisons unreliable. Yield is high — 71% of admitted students go on to enroll, well above the typical rate.
Test score bands (middle 50% of submitters)
These bands describe the enrolled first-years who submitted a score, not the entering class. Where most students apply test-optional the submitters are a self-selected, higher-scoring group.
| Test | 25th–75th percentile | Submitted |
|---|---|---|
| SAT Evidence-Based Reading | — | — |
| SAT Math | — | |
| ACT Composite | — | — |
IPEDS Admissions · 2024
Apply at Midwestern Baptist Theological Seminary →Academics
Six-year completion sits at 64%, meaning about one in three students who enroll leave without finishing. 81% of full-time first-years return for a second year — a healthy figure. Retention and graduation track closely, so most of the attrition shows up in the first year rather than after it. 14% transfer out. IPEDS does not follow them, so whether they finished elsewhere is not recorded either way. Retention drops to 30% for part-time students, a gap worth weighing if full-time study is not realistic.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 775 degree- or certificate-seeking undergraduates
Net price lands at $23,750 a year on average, neither cheap nor punishing. The gap between the $0–30k and $110k+ bands is narrow ($19,818 versus $26,870), meaning aid is not strongly need-weighted. 54% of students receive grant aid, averaging $6,173 — common but not automatic. About 33% borrow federally, roughly the national pattern.
Entering first-year students
A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.
IPEDS Student Financial Aid · 2023-24 · 69 students
Net price by family income
The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.
| Family income band | Average net price |
|---|---|
| $0–30k | $19,818 |
| $30–48k | $21,659 |
| $48–75k | $22,701 |
| $75–110k | $26,461 |
| $110k+ | $26,870 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 257 of these 775 students, totalling $1,877,976 — an average of $7,307 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Clay County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
VA GI Bill Comparison Tool (Veterans Affairs GIDS)