The Southern Baptist Theological Seminary

Private nonprofitSpecial Focus: Faith-RelatedSmall

Fin. Resilience

Resilience score

vs. 233 peers in its group

The Southern Baptist Theological Seminary is a private nonprofit institution in Louisville, KY, classified by Carnegie as “Special Focus: Faith-Related.”

It enrolls about 848 undergraduates and is benchmarked here against 233 peer institutions (Special Focus: Faith-Related · Private nonprofit).

On Ibex's Financial Resilience score it rates 45 out of 100 within that peer group, a transparent composite of endowment per undergraduate, net tuition revenue per student, and instructional spend per student.

That score and the financial health index below are not the same measure and can disagree: the resilience score ranks per-student resource levels against this peer group, while the financial health index scores the institution's own balance sheet and operating result on the CFI scale, independent of peers. A school with modest resources per student can still run a sound balance sheet, and a wealthy one can still post an operating loss.

Its strongest standing relative to peers is states recruited from (27, 100th percentile).

Its weakest is admission yield (62.5%).

Peer group

Special Focus: Faith-Related · Private nonprofit

233 institutions

No cross-metric risk flags triggered.

Percentile profileoutward = stronger vs peers

Each spoke is this institution’s peer-group standing (0–100) on a headline metric, oriented so outward always means stronger (lower net price scores higher). A balanced large shape signals broad strength; a spiky shape flags specific weak spots.

What changedlargest year-over-year moves

Admission rate ▼ -42% 96.9% → 55.9% 2023→2024

In-state tuition & fees ▼ -16% $13,086 → $11,046 2023→2024

Instructional spend / FTE ▲ +10% $4,569 → $5,040 2023→2024

Graduation rate (6-yr · first-time, full-time) ▼ -8% 43.9% → 40.3% 2023→2024

Net tuition revenue / FTE ▲ +4% $7,810 → $8,101 2023→2024

First-year retention ▼ -3% 80.7% → 78.6% 2023→2024

Most recent single-year change in each tracked metric. Green = moved in this metric’s favorable direction, red = unfavorable, grey = size or context, not scored. Each row uses the latest pair of years that metric has, and federal collections release on different schedules, so the years differ from row to row: read the years on the row, not just the ranking. A single year is also not a trend, the multi-year series is on each metric’s card below.

Policy & demographic exposure

How exposed The Southern Baptist Theological Seminary is to the structural shifts reshaping higher ed: a composite structural-risk index plus the 2025 federal budget law’s endowment excise tax, Grad PLUS elimination, new Parent PLUS borrowing cap and new Workforce Pell short-term-credential opportunity, and the demographic enrollment cliff. Only signals that apply to this institution are shown.

Structural risk index

Low

Workforce Pell exposure

Limited

Higher than 6% of schools nationally

Enrollment cliff (home state)

-10.3%

Steep decline

Indicative signals, not forecasts, see each metric’s definition and the methodology. Endowment-tax, Grad PLUS, Parent PLUS and Workforce Pell figures appear only where the institution is actually exposed; “nationally” compares against all schools that report each signal.

Turn these signals into action

Seeing exposure is step one. Ibex builds AI agents that monitor and act on exactly these pressures, explore an interactive demo. Live demos run real workflows; the rest are working mockups we build to your institution’s data.

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Financial Health Index

8.4

on a −4 to 10 scale

Financial Health IndexStrong

NACUBO Composite Financial Index, the balance-sheet health score accreditors and institutional boards use to gauge financial health; bond-rating agencies track similar ratios. 91st percentile of 233 peers.

Primary reserve 35%23 mo

Reserves vs. debt 35%6.03×

Return on net assets 20%4.2%

Operating result 10%12.5%

Composite of four ratios on a strength-factor scale (−4 weak → 10 strong): below 3 falls short of the threshold for financial health, below 1 signals acute stress, and above 6 is strong. Computed from IPEDS FY2022-23, the most recent finance release (it lags the current year by 2–3 years). Branch campuses that report finances at a parent/system level can show distorted ratios. For informational benchmarking, not a credit rating or financial advice.

Enrollment shock

What an enrollment loss would do to the budget

Tuition and fees fund 42% of this institution’s revenue, and it runs a 14.5% operating margin. It could lose about 34.2% of its enrollment before the surplus becomes a deficit, if nothing else changed.

Enrollment loss: 10%

10.7% operating margin after the loss, with costs unchanged

A deliberately simple counterfactual: net tuition per student and total costs stay where the latest IPEDS finance filing put them, so only the tuition line moves. No institution facing this would hold costs flat, which is the point, the figure is the gap that would have to be closed, not a forecast of the margin it would report. A school that responds by discounting harder to hold headcount converts the same problem into a net-price one, and it does not show up here.

Revenue composition

Where the money comes from $53.6M total revenue · IPEDS FY2022-23

Tuition & fees is the largest single source at 42% of revenue.

Tuition & fees42.3%

Private gifts & grants27.7%

Auxiliary enterprises14.8%

Investment return14.3%

Other revenue0.9%

Where each dollar of revenue comes from, as a share of total positive revenue. Sources are standardized across public (GASB) and private (FASB) reporting; a net investment loss in a down market is shown as 0% and excluded from the mix.

Financial Health

The bar under each rank is the spread across the peer group: the shaded box is the middle half, the pale line is their median, and the gold marker is this institution. Hover for the figures.

Net tuition revenue / FTECalculated from filings

Average

$8,101

41st percentile in peer grouppeer median $9,319

higher is better

2024-25 (Scorecard)233 peers

› steady

Instructional spend / FTECalculated from filings

Below peers

$5,040

20th percentile in peer grouppeer median $10,785

higher is better

2024-25 (Scorecard)233 peers

▲ +5% choppy

Endowment (end of year)As filed

Strong

$96.7M

87th percentile in peer grouppeer median $14.9M

higher is better

FY2022-23131 peers

▲ +9% choppy · turning

Value of endowment assets at the end of the fiscal year (IPEDS finance, FY2022-23: FASB F2H02 / GASB F1H02), co-vintage with the other finance-year metrics on this page. Usually filed at the parent campus: most branch and online sub-units show the parent's endowment as a clearly labeled inherited value, and a few report a small endowment of their own alongside it. Multi-year trend from College Scorecard, shown only where it matches the IPEDS filing.

In-state tuition & feesAs filed

$11,046

49th percentile in peer grouppeer median $11,320

context, not scored

2024-25 (Scorecard)141 peers

▼ -38% steady

Out-of-state tuition & feesAs filed

$11,046

49th percentile in peer grouppeer median $11,320

context, not scored

2024-25 (Scorecard)141 peers

Avg monthly faculty salaryAs filed

Strong

$8,442

85th percentile in peer grouppeer median $5,681

higher is better

2024-25 (Scorecard)223 peers

Average monthly salary of full-time faculty, as reported to IPEDS.

Endowment per undergradCalculated from filings

Strong

$114,070

75th percentile in peer grouppeer median $13,177

higher is better

FY2022-23 endowment / 2024-25 enrollment51 peers

Two collections, two dates: IPEDS reports the endowment for fiscal 2022-23 and the College Scorecard reports the 2024-25 headcount it is divided by. Treat it as an order-of-magnitude comparison, not a to-the-dollar figure.

Operating marginCalculated from filings

Strong

14.5%

64th percentile in peer grouppeer median 8.1%

higher is better

FY2022-23230 peers

Net surplus as a share of total revenue (IPEDS FY2022-23): (total revenues − total expenses) ÷ total revenues. A surplus above 4% is strong; a thin surplus near 0% leaves little margin for shocks.

Tuition dependencyCalculated from filings

42.3%

73rd percentile in peer grouppeer median 25.2%

context, not scored

FY2022-23230 peers

Tuition & fees as a share of total revenue (IPEDS FY2022-23). Higher = more exposed to enrollment swings.

Tuition discount rateCalculated from filings

Moderate

4.5%

20th percentile in peer grouppeer median 27.4%

context, not scored

FY2022-23232 peers

Institutional grant aid as a share of gross tuition & fee revenue (IPEDS FY2022-23, FASB): allowances applied to tuition ÷ (net tuition revenue + those allowances) – the tuition-discount rate enrollment leaders track, i.e. the share of sticker tuition handed back as institutional aid. Private nonprofit institutions only; public (GASB) institutions report tuition differently and are not shown. The national private-college average is roughly 56% (NACUBO); above ~60% signals heavy price competition.

State appropriations shareCalculated from filings

50th percentile in peer grouppeer median 0%

context, not scored

FY2022-23230 peers

State appropriations as a share of total revenue (IPEDS FY2022-23). Material for public institutions; ~0 for private.

Administrative cost shareCalculated from filings

21.6%

29th percentile in peer grouppeer median 28.8%

context, not scored

FY2022-23231 peers

Institutional support, central administration, executive management, governance, general administration, fundraising and (under FASB rules) operation & maintenance of plant, as a share of total expenses (IPEDS FY2022-23, FASB). Private nonprofit institutions only: public (GASB) institutions report functional expenses on a different basis and frequently consolidate large hospital and auxiliary operations, which makes a comparable ratio unreliable, so they are not shown. Because FASB folds plant operations into institutional support, this runs higher than a narrow 'central-office' figure, and schools with sizable hospital or auxiliary operations show a lower ratio as those costs enlarge total expenses. An informational benchmark of administrative intensity, compared within the peer group, not a measure of waste or quality.

Months of operating cushionCalculated from filings

Strong

23 mo

78th percentile in peer grouppeer median 10.9 mo

higher is better

FY2022-23226 peers

How many months of operating expenses the institution could cover from expendable reserves (IPEDS FY2022-23 primary reserve ratio × 12). About 5 months, one semester, is the accreditor benchmark for solid footing; below ~3 months is thin. A negative figure means expendable reserves are themselves negative.

Reserves vs. debtCalculated from filings

Strong

6.03×

71st percentile in peer grouppeer median 2.07×

higher is better

FY2022-2387 peers

Expendable reserves ÷ plant-related debt (IPEDS FY2022-23 viability ratio). At or above 1.25×, reserves fully cover long-term debt. Shown blank when the institution carries little or no plant debt.

Return on net assetsCalculated from filings

Strong

4.2%

54th percentile in peer grouppeer median 3.6%

higher is better

FY2022-23223 peers

Change in total net assets ÷ net assets (IPEDS FY2022-23) – whether the institution grew wealthier over the year. 2–4% is adequate; above 4% is strong.

Endowment per FTE studentCalculated from filings

Average

$33,344

34th percentile in peer grouppeer median $98,488

higher is better

FY2022-23131 peers

End-of-year endowment ÷ 12-month FTE enrollment, endowment wealth per full-time-equivalent student. The FTE-correct companion to endowment-per-undergraduate; FTE counts graduate and part-time load, so research universities look less wealthy on this basis than on a headcount basis. Both sides are FY2022-23: the denominator is the FTE count from the endowment's own year (2022-23), not the newer FTE figure shown in the enrollment section, so dividing the two numbers on this page will not reproduce this one.

Spent on instructionCalculated from filings

28.9%

42nd percentile in peer grouppeer median 31.4%

context, not scored

FY2022-23 (IPEDS)232 peers

Instruction spending divided by total functional expenses (IPEDS Finance, FY2022-23 (FASB)). 'Where the money goes' context, reported here for private-nonprofit (FASB) institutions only, where the functional split is comparable; not computed for public or for-profit institutions. Higher is not automatically better; research universities and those with hospitals or large auxiliaries spread spending across other functions.

Spent on student servicesCalculated from filings

17.4%

81st percentile in peer grouppeer median 9.4%

context, not scored

FY2022-23 (IPEDS)232 peers

Student-services spending (admissions, registrar, student life, counseling) divided by total functional expenses (IPEDS Finance, FY2022-23 (FASB)). Private-nonprofit (FASB) institutions only. Spending-mix context, not a quality measure.

Spent on academic supportCalculated from filings

7.4%

54th percentile in peer grouppeer median 7%

context, not scored

FY2022-23 (IPEDS)232 peers

Academic-support spending (libraries, academic computing, deans' offices) divided by total functional expenses (IPEDS Finance, FY2022-23 (FASB)). Private-nonprofit (FASB) institutions only. Context, not a quality measure.

Spent on researchCalculated from filings

44th percentile in peer grouppeer median 0%

context, not scored

FY2022-23 (IPEDS)232 peers

Research spending divided by total functional expenses (IPEDS Finance, FY2022-23 (FASB)). Private-nonprofit (FASB) institutions only; near zero at teaching-focused colleges and sizeable at research universities. Spending-mix context, not a quality measure.

Room & board (on-campus)As filed

$8,142

78th percentile in peer grouppeer median $5,400

context, not scored

2023-24107 peers

The school's published annual charge for on-campus housing plus its standard meal plan (IPEDS, 2023-24). This is the largest cost of attendance after tuition and the part families compare most directly across residential offers. Reported only for schools that publish on-campus housing charges. A published charge before any aid, so it is shown as context rather than scored: see the sticker-price note.

Full-professor average salaryAs filed

Strong

$81,235

74th percentile in peer grouppeer median $64,573

higher is better

2023-24148 peers

Average salary paid to full professors, the most senior instructional rank (IPEDS Human Resources, 2023-24, 9-month equated). It reflects both the school's pay scale and the seniority of its faculty, and it is a sizeable share of academic cost. Banded against the school's peer group.

Structural risk indexBlended index

Low

FY2022-23 (IPEDS) with WICHE 2024 projections

An indicative 0–100 structural-risk index (higher = more pressure), an equal-weight blend of the stress signals we measure: thin or negative operating margin, low months of operating cushion, high tuition dependency, and a shrinking home-state high-school-graduate pipeline (enrollment cliff). Averaged over whichever signals are available (at least two required). It screens for the financial and demographic pressures that precede closures and mergers, a directional indicator, NOT a prediction that any institution will close, and not a credit rating. Built from the FY2022-23 IPEDS finance filing, the most recent one published, combined with WICHE's high-school-graduate projections. The finance side is two to three years old, so a school that has since raised money, cut costs or lost enrollment will not be reflected here. It is a structural signal, not a current diagnosis, and it is not a prediction that any named institution will close.

Enrollment loss before deficitModelled by Ibex

Wide cushion

34.2%

62nd percentile in peer grouppeer median 18.8%

higher is better

FY2022-23205 peers

The share of its students an institution could lose before its operating surplus becomes a deficit, assuming net tuition per student and total costs stay where they are. It comes straight from two figures in the same IPEDS finance filing: the operating margin, and tuition's share of total revenue. A school with a 3% surplus that funds 85% of itself from tuition can absorb about a 3.5% enrollment loss; the same 3% surplus at a school funding a quarter of itself from tuition absorbs about 12%. Zero means the institution is already running a deficit. It is not a prediction: no institution facing that loss would hold costs flat, and the number is the size of the hole that would have to be closed, not the outcome. Banded against the school's peer group. Higher is better.

Operating margin after a 10% enrollment lossModelled by Ibex

Still in surplus

10.7%

61st percentile in peer grouppeer median 3.9%

higher is better

FY2022-23230 peers

The institution's operating margin recomputed after losing one student in ten, holding net tuition per student and total costs constant. Tuition revenue falls with the students; every other revenue line and the whole cost base stay put. A tenth is the scale of decline the demographic projections already put on several states' high-school graduating classes, so it is a scenario rather than a worst case. Not a forecast: a real institution would cut costs, and this measures the gap it would have to cut, not what it would end up reporting. Built from the operating margin and tuition dependency in the same IPEDS filing. Banded against the school's peer group. Higher is better.

Graduation & completion

Graduation rate · first-time, full-time

40.3%

40.3% graduate within 6 years (150% of normal time)
34.7% on-time, within 4 years (100%)
Counts only students who entered full-time as first-time freshmen and earned a bachelor's here, the conventional headline rate. Excludes part-time entrants and transfer-ins.

Completion rate · all students

43%

43% earned a degree or certificate within 8 years (IPEDS Outcome Measures)
The broader cohort, also counts part-time entrants and transfer-ins, and any credential. More inclusive, so it can run higher than the graduation rate.

Why two numbers? They measure different students over different windows, so they are not directly comparable. The graduation rate is the standard federal headline but tracks only first-time, full-time students through a bachelor's; the all-students completion rate adds the part-time and transfer students it leaves out, over a longer window. Read each for what it covers. Source: U.S. Department of Education, IPEDS Graduation Rates & Outcome Measures, via College Scorecard.

Enrollment & Pipeline

The bar under each rank is the spread across the peer group: the shaded box is the middle half, the pale line is their median, and the gold marker is this institution. Hover for the figures.

Undergraduate enrollmentAs filed

848

95th percentile in peer grouppeer median 93

context, not scored

2024-25 (Scorecard)148 peers

› steady

Admission rateAs filed

55.9%

25th percentile in peer grouppeer median 82.3%

context, not scored

2024-25 (Scorecard)90 peers

▼ -44% choppy

First-year retentionAs filed

Average

78.6%

40th percentile in peer grouppeer median 82.8%

higher is better

2024-25 (Scorecard)120 peers

▼ -4% choppy

Graduation rate (6-yr · first-time, full-time)As filed

Average

40.3%

44th percentile in peer grouppeer median 45.2%

higher is better

2024-25 (Scorecard) · cohort of 15940 peers

▲ +21% choppy · turning

Share of first-time, full-time degree-seeking freshmen who earned a bachelor's at this institution within six years (150% of normal time), per College Scorecard. The number of students in the entering cohort is shown under the figure. Where that cohort is smaller than 30 students no rate is published: a graduation rate over a handful of students moves by whole percentage points per student and is not a result.

Graduation rate (4-yr on-time · first-time, full-time)As filed

Strong

34.7%

81st percentile in peer grouppeer median 1.8%

higher is better

2024-25 (Scorecard) · cohort of 14439 peers

Share of first-time, full-time degree-seeking freshmen who earned a bachelor's within four years (100% of normal time), per College Scorecard. The number of students in the entering cohort is shown under the figure, and no rate is published on a cohort smaller than 30. This rate and the six-year rate are measured on classes that entered two years apart, so at a school whose outcomes are moving they will not always fall in the order you would expect.

Pell recipient shareAs filed

3rd percentile in peer grouppeer median 41.1%

context, not scored

2024-25 (Scorecard)145 peers

› steady

Completion rate (all students · 8-yr)As filed

Average

43%

49th percentile in peer grouppeer median 43.7%

higher is better

2024-25 (Scorecard)142 peers

Share of ALL entering degree-seeking undergraduates, full- and part-time, first-time and transfer-in, who earned a degree or certificate at this institution within eight years (IPEDS Outcome Measures, via College Scorecard). Broader and more inclusive than the graduation-rate figures, which count only first-time, full-time students entering a bachelor's program, so the two are measured on different groups of students and are not directly comparable.

Average SAT scoreAs filed

1,120

2024-25 (Scorecard)

Average SAT score of enrolled students who submitted scores (College Scorecard, 2024-25). A selectivity and incoming-class signal, not a measure of institutional quality, and reported by fewer than half of institutions in the test-optional era. Schools that are test-optional or open-admission show none.

Adult learners (25+)As filed

10.3%

33rd percentile in peer grouppeer median 27.3%

context, not scored

2023-24 (Scorecard)105 peers

Share of undergraduates aged 25 or older (College Scorecard, 2023-24). Read as context on the student mix: schools serving many working adults look different on persistence and part-time measures than traditional-age campuses, and neither is inherently better. From the College Scorecard 2023-24 data file.

Part-time undergraduatesAs filed

22.1%

71st percentile in peer grouppeer median 0%

context, not scored

2024-25 (Scorecard)144 peers

Share of undergraduates enrolled part-time (College Scorecard, 2024-25). Context, not quality: a high part-time share is common at community and commuter institutions and affects graduation-rate comparisons, which are based only on full-time, first-time students.

Women (share of undergraduates)As filed

43.6%

78th percentile in peer grouppeer median 0%

context, not scored

2024-25 (Scorecard)148 peers

Share of undergraduates who are women (College Scorecard, 2024-25). Reported as context on the student mix, not a measure of quality.

Transfer-out rateAs filed

15th percentile in peer grouppeer median 18.5%

context, not scored

2024-25 (Scorecard)126 peers

Share of students who transfer OUT to a different institution within the tracking window (College Scorecard, 2024-25). Reported as context, not a quality measure: it runs high at access-oriented schools and two-year feeders whose students routinely move on to a four-year program, and it should be read together with the completion and retention figures rather than on its own.

Admission yieldAs filed

Below peers

62.5%

13th percentile in peer grouppeer median 91.4%

higher is better

Fall 202390 peers

Share of admitted students who enrolled (IPEDS Admissions, Fall 2023): students who enrolled ÷ students admitted. A demand signal, how many accepted offers the institution converts to enrollment. Higher yield generally reflects stronger demand, though binding early-decision programs and price positioning can inflate it. Open-admission institutions do not report admissions and show none.

Program concentration (HHI)Calculated from filings

Highly concentrated

8,315

2022-23

How concentrated the institution's degree and certificate output is across academic fields (CIP 2-digit families), as a Herfindahl-Hirschman Index on the latest year's completions: 10,000 means every completion is in one field; lower means output is spread across many. A higher value means the school leans on fewer fields and is more exposed to demand shifts in them; a lower value reflects a broad program portfolio. Shown for institutions reporting at least 100 annual completions. A structural-diversification signal, not a measure of quality.

12-month FTE enrollmentAs filed

2,835

99th percentile in peer grouppeer median 113

context, not scored

2023-24 (IPEDS)233 peers

Full-time-equivalent enrollment over the full 12-month year (IPEDS 12-month enrollment, 2023-24). Counts part-time students at their fractional load, so it runs above fall full-time headcount and is the denominator used for per-student finance measures.

Student-faculty ratioAs filed

16:1

73rd percentile in peer grouppeer median 11:1

context, not scored

Fall 2023148 peers

Students per instructional faculty member (IPEDS, fall 2023). Lower generally means smaller classes and more faculty contact, though the measure mixes undergraduate and graduate teaching and is institution-reported.

SAT 25th percentile (total)As filed

1,010

2024-25 (Scorecard)

Sum of the 25th-percentile SAT reading and math section scores of enrolled students (College Scorecard, 2024-25). With the 75th-percentile figure it shows the middle-50% SAT range. Selectivity context, not a quality measure; reported only where enough students submit SAT scores.

SAT 75th percentile (total)As filed

1,230

2024-25 (Scorecard)

Sum of the 75th-percentile SAT reading and math section scores of enrolled students (College Scorecard, 2024-25). With the 25th-percentile figure it brackets the middle-50% SAT range. Selectivity context, not a quality measure.

ACT 25th percentileAs filed

2024-25 (Scorecard)

25th-percentile ACT composite score of enrolled students (College Scorecard, 2024-25); with the 75th percentile it shows the middle-50% ACT range. Selectivity context, not a quality measure.

ACT 75th percentileAs filed

2024-25 (Scorecard)

75th-percentile ACT composite score of enrolled students (College Scorecard, 2024-25). Selectivity context, not a quality measure.

Submitted SAT scoresAs filed

30%

77th percentile in peer grouppeer median 5%

context, not scored

Fall 2023 (IPEDS)15 peers

Share of enrolled first-time degree-seeking students who submitted SAT scores (IPEDS, Fall 2023). A low share usually signals a test-optional or ACT-dominant institution, not a weakness; read alongside the score bands.

Submitted ACT scoresAs filed

39%

57th percentile in peer grouppeer median 34%

context, not scored

Fall 2023 (IPEDS)15 peers

Share of enrolled first-time degree-seeking students who submitted ACT scores (IPEDS, Fall 2023). A low share usually signals a test-optional or SAT-dominant institution, not a weakness.

Fully online studentsAs filed

22%

62nd percentile in peer grouppeer median 6%

context, not scored

Fall 2023 (IPEDS)233 peers

Share of students enrolled exclusively in distance-education courses (IPEDS, Fall 2023). Describes delivery model, not quality; online-heavy institutions look different on residential measures.

Applicant-pool diversity shiftModelled by Ibex

+6.8 pts

WICHE 2024 (11th ed.)

Percentage-point change in the non-white share of the institution's home-state public high-school graduating class between the class of 2025 (the national peak) and 2037 (WICHE, Knocking at the College Door, 11th ed., public-school race detail). A forward look at who the future applicant pool will be: a positive value means the state's graduating class is projected to grow more racially diverse. Strategic recruiting context, not a forecast of any one school's enrollment, and a college recruits from many states.

Hybrid (some online) enrollmentAs filed

33%

86th percentile in peer grouppeer median 0%

context, not scored

Fall 2023233 peers

Share of all students taking some, but not all, of their courses at a distance (IPEDS, Fall 2023). This is the hybrid middle ground between the fully online share and the fully in-person share, and it signals how far a school has moved coursework online without going exclusively remote. Context metric, not better or worse. Shown as a position within the peer group, not as a score.

Transfer-in share (undergraduate)As filed

0.3%

15th percentile in peer grouppeer median 7.7%

context, not scored

Fall 2023148 peers

Transfer-in students as a share of all undergraduates (IPEDS, Fall 2023). A high share means the school depends on transfer pipelines rather than first-time freshmen, which changes both recruitment strategy and melt/retention risk. Context metric, not better or worse. Shown as a position within the peer group, not as a score.

Graduate share of enrollmentAs filed

76.3%

59th percentile in peer grouppeer median 42%

context, not scored

Fall 2023233 peers

Graduate students as a share of total headcount enrollment (IPEDS, Fall 2023). It separates research-intensive universities with large graduate bodies from undergraduate-focused institutions. Context metric, not better or worse. Shown as a position within the peer group, not as a score.

Women share of facultyAs filed

19.5%

52nd percentile in peer grouppeer median 18.3%

context, not scored

Fall 2023232 peers

Women as a share of all instructional staff, full- and part-time combined (IPEDS Human Resources, Fall 2023). A gender-composition signal for the teaching workforce. Context metric, not better or worse. Shown as a position within the peer group, not as a score.

Faculty of color shareAs filed

50th percentile in peer grouppeer median 7.1%

context, not scored

Fall 2023232 peers

Instructional staff who are American Indian/Alaska Native, Asian, Black, Hispanic, Native Hawaiian/Pacific Islander, or two-or-more races, as a share of all instructional staff (IPEDS Human Resources, Fall 2023). Nonresident and race-unknown staff are excluded from the numerator. Context metric, not better or worse. Shown as a position within the peer group, not as a score.

Women in applicant poolCalculated from filings

40.5%

73rd percentile in peer grouppeer median 0%

context, not scored

Fall 202390 peers

Women as a share of the school's first-time degree-seeking applicant pool (IPEDS Admissions, 2023-24). A read on the funnel's composition, useful for targeting and a proxy for program mix: nursing- and education-heavy schools skew female, engineering- and trade-heavy schools skew male. Neither skew is inherently better. Shown as a position within the peer group, not as a score.

Direct competitors within 100 miCalculated from filings

Average

47th percentile in peer grouppeer median 8

lower is better

2024-25 (Scorecard universe)233 peers

How many institutions of the same type (same Carnegie classification and control, i.e. the schools competing for the same students) sit within roughly 100 miles. A higher count means a more crowded local market and a harder yield fight, which matters most as the regional pool of high school graduates shrinks; a low count means the school has its catchment largely to itself. Distance is straight-line from campus coordinates. Banded against the school's peer group. Fewer is better for recruiting leverage.

States recruited fromCalculated from filings

Strong

100th percentile in peer grouppeer median 3

higher is better

Fall 2022115 peers

How many distinct US states the school's first-time degree-seeking class is drawn from (IPEDS Residence & Migration, Fall 2022). A higher count signals broader geographic reach and less dependence on any single state's shrinking pool of high school graduates; a low count means the school recruits from a narrow region and is more exposed to that region's demographic decline. Banded against the school's peer group.

Foreign first-time shareAs filed

34th percentile in peer grouppeer median 0%

context, not scored

Fall 2022116 peers

Share of the school's first-time degree-seeking class whose legal residence is outside the United States (IPEDS Residence & Migration, Fall 2022). A measure of international reach in the entering class. Neither high nor low is inherently better; it is context for tuition-revenue mix and exposure to visa and geopolitical risk. Shown as a position within the peer group, not as a score.

Metro-area unemployment rateAs filed

Strong

4.3%

17th percentile in peer grouppeer median 5.9%

lower is better

ACS 2019-23231 peers

The civilian unemployment rate in the school's metropolitan or micropolitan area (US Census ACS 2019-23, mapped by the school's federal CBSA code). It is a proxy for local labor demand: a lower rate means a tighter job market, a stronger near-term destination for graduates and a smaller pool of working adults to recruit. It describes the local economy, not the school. Schools outside any metro area are not scored. Banded against the school's peer group.

Enrollment cliff (home state)External projection

Steep decline

-10.3%

WICHE 2024 (11th ed.) projection

Projected change in the number of high-school graduates in the institution's HOME STATE from the class of 2025 (the national peak) to 2041, per WICHE's Knocking at the College Door, 11th Edition (Dec 2024). The 'enrollment cliff' is the post-2008 birth decline reaching college age; the U.S. total is projected to fall about 13% over this window. A college recruits from many states, so its home-state projection is an indicative directional signal of feeder-market pressure, not a forecast of that institution's own enrollment. A projection, not a measurement: WICHE's state-level forecast of high-school graduates. It describes the pool a school recruits from, not the school's own enrollment.

Shown exactly as the institution filed it. The value falls outside the normal range for this measure, which usually means a reporting quirk rather than a real figure, so read it with care.

Workforce Pell exposureModelled by Ibex

Limited

2024-25 (Scorecard completions)

Share of the institution's measured credentials that are undergraduate certificates, the sub-associate tier that the 2025 budget law's new Workforce Pell Grant makes Pell-eligible from July 1, 2026. Workforce Pell extends the Pell Grant to short-term workforce programs of 150 to 600 clock hours offered over 8 to 15 weeks, subject to state-workforce-board and accreditor approval and to job-placement, completion and earnings-value guardrails. This is an opportunity signal: a higher share means more of what the school already produces could draw new federal grant aid, and the upside is greatest where Pell reliance (shown separately) is also high. Computed as undergraduate-certificate completions divided by all credential completions in the College Scorecard Field-of-Study file (most recent release). Scorecard's 'Undergraduate Certificate' level spans certificates of varying length, so the statutory 150-600 clock-hour window is a subset of this tier, read this as an upper-bound exposure proxy, not a count of qualifying programs. Shown only for institutions that confer such certificates above a minimum completions floor.

In-state HS graduatesExternal projection

51,027

9th percentile in peer grouppeer median 137,304

context, not scored

Class of 2025 (WICHE)230 peers

The size of the school's home-state high-school graduating class in 2025 (WICHE Knocking at the College Door, public and private combined). It is the near-term in-state feeder market, the complement to the enrollment-cliff projection, which shows the direction that market is heading. Context metric, not better or worse. Shown as a position within the peer group, not as a score.

Enrollment momentum (CAGR)Modelled by Ibex

Average

43rd percentile in peer grouppeer median 1.5%

higher is better

2016-17 to 2024-25 (Scorecard)144 peers

Compound annual growth rate of undergraduate enrollment over the years the tool tracks (College Scorecard, roughly 2016-2024). Positive means the school is growing; negative means it is shrinking, the leading indicator of demand stress ahead of the demographic cliff. Where the reported count jumps by a merger or a campus consolidation brought under one institution, only the years after that jump are measured, and where too little history follows it no rate is shown. A sharp fall is measured in full: a shrinking count is the signal this metric exists to carry, not an artifact to be cut away. No rate is shown where the enrolment never reaches 25 in the measured window: on a series that small one student is a double-digit annual rate, and a percentile computed from it would rank noise. Banded against the school's peer group. The window shown is the one this school's own figure was measured over: it is shorter where the series starts late, ends early, or is cut at a reporting change, so peers are not all measured over identical years.

Net-price momentum (CAGR)Modelled by Ibex

Strong

-0.1%

32nd percentile in peer grouppeer median 2.4%

lower is better

2016-17 to 2024-25 (Scorecard)223 peers

Compound annual growth rate of net tuition revenue per full-time-equivalent student over the tracked years. A high positive rate means the school's real net price is climbing faster than peers, which can strain affordability and yield. Banded against the school's peer group. Lower is better. The window shown is the one this school's own figure was measured over: it is shorter where the series starts late, ends early, or is cut at a reporting change, so peers are not all measured over identical years.

Shown exactly as the institution filed it. The value falls outside the normal range for this measure, which usually means a reporting quirk rather than a real figure, so read it with care.

Selectivity momentum (CAGR)Modelled by Ibex

Strong

-7%

12th percentile in peer grouppeer median 0%

lower is better

2016-17 to 2024-25 (Scorecard)88 peers

Compound annual growth rate of the admission rate over the tracked years. A negative value means the school is admitting a smaller share of applicants over time (getting more selective); a positive value means its admit rate is rising (getting less selective), often a sign of softening demand. Banded against the school's peer group. The window shown is the one this school's own figure was measured over: it is shorter where the series starts late, ends early, or is cut at a reporting change, so peers are not all measured over identical years.

Shown exactly as the institution filed it. The value falls outside the normal range for this measure, which usually means a reporting quirk rather than a real figure, so read it with care.

Enrollment forecast (5-yr)Modelled by Ibex

Average

-0.3%

49th percentile in peer grouppeer median 0.8%

higher is better

2024-2029 projection127 peers

Projected cumulative change in degree-seeking undergraduate enrollment roughly five years out, modeled by a least-squares log-linear fit on the school's own undergraduate history (IPEDS fall headcount via College Scorecard, 2016-2024). It uses the full multi-year series, so a single shock year (such as 2020) does not drive the result. Where the reported count jumps by a merger or a campus consolidation brought under one institution, only the years after that jump are fitted; a sharp fall is fitted in full. This is a naive trend extrapolation, not a demographic model: where it projects a change beyond plus or minus 60 percent the fit is treated as out of range and no figure is shown. Banded against the school's peer group; higher means projected growth. The window shown is the one this school's own figure was measured over: it is shorter where the series starts late, ends early, or is cut at a reporting change, so peers are not all measured over identical years.

Shown exactly as the institution filed it. The value falls outside the normal range for this measure, which usually means a reporting quirk rather than a real figure, so read it with care.

Enrollment-demand indexBlended index

Below peers

44.0

29th percentile in peer grouppeer median 51.5

higher is better

2024-25 (Scorecard)92 peers

A 0-100 composite of how much demand the school commands relative to its peer group: the average of its peer percentile ranks for admission yield, selectivity (a lower admit rate counts as stronger demand) and recent enrollment trend. Built only where at least two of those three are reported. Higher means stronger pull in the market. Banded against the school's peer group.

Competing enrollment nearbyCalculated from filings

Strong

0.17×

13th percentile in peer grouppeer median 43.73×

lower is better

2024-25 (Scorecard universe)68 peers

For every undergraduate enrolled here, how many are enrolled at directly competing institutions (same Carnegie classification and control) within roughly 100 miles. It is the weight behind the competitor count on the neighbouring card: three tiny colleges nearby and one 40,000-student public are the same number of competitors and a completely different market. A value of 5x means the surrounding same-type market is five times this school's size, so a small shift in where those students choose to go moves this school's class far more than it moves theirs. Straight-line distance from campus coordinates, same 100-mile catchment as the competitor count. Banded against the school's peer group. Lower means more room to grow without taking students from a larger rival.

Consecutive years of enrollment declineModelled by Ibex

Not declining

0 yrs

32nd percentile in peer grouppeer median 0 yrs

lower is better

2016-17 to 2024-25 (Scorecard)147 peers

The number of consecutive years, ending with the most recent one, in which this school's undergraduate headcount fell. Zero means the latest year was flat or up. A single down year is ordinary; three or more in a row is the pattern that precedes program cuts and closures, and it is visible in the federal data years before it becomes public. A fall smaller than 2% counts as flat, because year-to-year reporting noise at that scale would otherwise manufacture streaks. Measured on the same window as enrollment momentum: where a merger or consolidation makes the earlier years a different institution, only the years after it are counted. Banded against the school's peer group. Lower is better. The window shown is the one this school's own figure was measured over: it is shorter where the series starts late, ends early, or is cut at a reporting change, so peers are not all measured over identical years.

Where students come from

Feeder states 27 states and territories · Fall 2022

KY 18.8%IL 11.5%TN 10.4%FL 9.4%IN 8.3%

Home state of first-time degree-seeking undergraduates (IPEDS residence and migration). Each state is one square of equal size, arranged in the rough shape of the country, so a small state sending many students is as visible as a large one. The institution’s own state is shown in gold and every other state is shaded against the largest of them, not against the home state, which otherwise flattens the rest of the map. Shares are of the whole entering class, so they do not add to 100% where students came from abroad.

Admissions test policy

SAT / ACT requirement IPEDS Fall 2023

Test-blind (not considered)

This school is test-blind: SAT or ACT scores are not considered in admission decisions. Reported to IPEDS for the most recent admissions cycle. Test policy is a live enrollment lever, so it is shown as the school's stated category rather than a peer rank.

Completion by income and entry path

Where the Pell gap actually sits eight-year award rate · 2024-25

Entering group	Pell recipients	Not Pell	Gap
All entering studentsEveryone who enrolled as a degree-seeking undergraduate, however they arrived.	–	43%n=491	–
Entered as first-timeStudents with no prior college enrollment.	–	41%n=255	–
Entered with prior collegeTransfer-in and returning students.	–	45%n=236	–

Federal Outcome Measures: the share of entering degree-seeking undergraduates who had earned an award eight years later, counting part-time students and transfers that the headline graduation rate leaves out. A positive gap means Pell recipients finished less often. Rates are shown only where at least 30 students entered on that side, because a rate over a handful of students is arithmetic rather than a measurement, so a row can be blank on one side. Race crossed with Pell is not published by any federal collection and is deliberately not estimated here.

Student body

Undergraduate race & ethnicity IPEDS 2024-25

White90.0%

International4.7%

Asian2.8%

Black1.9%

Hispanic/Latino0.4%

American Indian/Alaska Native0.1%

Unknown0.1%

Undergraduate enrollment by race and ethnicity, as reported to IPEDS (College Scorecard). “International” denotes nonresident students; “Unknown” means race/ethnicity was not reported.

Student Outcomes & Risk

The bar under each rank is the spread across the peer group: the shaded box is the middle half, the pale line is their median, and the gold marker is this institution. Hover for the figures.

Share taking federal loansAs filed

33rd percentile in peer grouppeer median 0%

context, not scored

2024-25 (Scorecard)145 peers

Full-time faculty shareAs filed

Strong

100%

82nd percentile in peer grouppeer median 79.3%

higher is better

2024-25 (Scorecard)136 peers

Field-demand outlook (10-yr)External projection

Outpaces job-market average

+3.7 pts

14th percentile nationallynational median +4.7 pts

higher is better

BLS EP 2024-34

Projected 10-year (2024-34) change in U.S. employment for the occupations this institution's degrees and certificates feed, blended across its program mix. Built by mapping each CIP 2-digit field to its occupations via the NCES CIP-SOC crosswalk, taking the employment-weighted average of each occupation's BLS-projected percent change, then weighting fields by the institution's latest-year completions. The U.S. all-occupations benchmark is 3.1%, so a higher value means the school's graduates concentrate in faster-growing labor markets. An INDICATIVE field-level signal at broad-field granularity, not a program-specific or graduate-specific projection, and not a placement or earnings guarantee. Shown where at least 50% of completions fall in fields with a coherent occupational mapping and the school reports 100+ annual completions.

Completions in growing fieldsExternal projection

Mostly growth fields

93.4%

74th percentile nationallynational median 67.9%

higher is better

BLS EP 2024-34

The share of this institution's yearly completions that are in broad fields whose occupations the U.S. Bureau of Labor Statistics projects will grow FASTER than the all-occupations average of 3.1% over 2024-34. It answers a different question from the field-demand outlook beside it: that one averages the whole program mix into a single rate, which lets a fast-growing half cancel out a shrinking half. This says how much of the graduating class is on the growing side. The denominator is completions in fields with a coherent occupational mapping, not all completions, because three broad fields map to essentially the whole economy and carry no signal; the share of completions that could be classified at all is shown in the field-mix breakdown. Ranked against every institution in the file rather than against the peer group: what a program mix is worth is set by the national labour market, not by whichever schools happen to share a Carnegie class. An indicative field-level signal, not a placement rate.

Program mix vs the job market

Where this year’s graduates are heading 718 completions · BLS EP 2024-34

92% of completions are in fields projected to grow faster than the job market as a whole.

Faster than average92.3%

Growing, but slower6.6%

No coherent occupation mapping1.1%

Each completion is placed by the broad field of its program, then by whether that field’s occupations are projected to grow faster than the all-occupations average, grow more slowly, or decline. Three broad fields map to essentially the whole economy and carry no field signal, so their completions are shown separately as unclassified rather than being counted either way. The “Completions in growing fields” figure above is 93.4% because it is measured against the 99% of completions that could be classified at all, not against all 718. Field-level and indicative: it describes the labour markets a program mix feeds, not what any individual graduate does.

Where these numbers come from

Every figure on this page carries one of these labels. They are not degrees of confidence: a projection is not a worse number than a filing, it is a different kind of claim, and the distinction is invisible when both are set in the same grey card.

As filedThis is the institution's own figure as filed with a federal collection, or a federal agency's own published figure about it. Ibex has not adjusted it.

Calculated from filingsCalculated by Ibex from figures in the same federal filing, using nothing but arithmetic: a share, a ratio, or an amount per student. It is exactly as sound as the filed numbers it divides.

Blended indexA blend of several other measures on this page, combined by Ibex. The components and how they are weighted are listed in this metric's description. Reasonable people could weight them differently and get a different score.

Modelled by IbexFitted or extrapolated by Ibex from the institution's reported history. This number appears in no federal file: it is a summary of a trend, and it inherits every irregularity in the years it was fitted through.

External projectionBuilt on an external projection about the future, published by a research body rather than measured. Projections are revised as the underlying assumptions change, and this one describes a scenario, not a fact.

Top fields of study (bachelor's)

The Southern Baptist Theological Seminary’s largest fields by completions, with graduate earnings (4 years out) and debt benchmarked against the same field at its peer group. Sparklines show the 8-year completions trend.

Field	Completions / yr	Median earnings, 4 yrs out	Median debt	Earnings premium	Risk score
Theology & Religious Vocations	54	–	–	–	Moderate · 42
Business, Management & Marketing	21	–	–	–	Low · 0
Communication & Journalism	9	–	–	–	Low · 0
Education	8	–	–	–	Low · 0
Liberal Arts & Humanities	8	–	–	–	Moderate · 40
Philosophy & Religious Studies	6	–	–	–	Low · 0

Earnings-premium status is an indicative estimate: median graduate earnings four years out vs the KY state median earnings of a high-school graduate (undergraduate credentials) or a bachelor’s-degree holder (graduate credentials) from the U.S. Census Bureau’s American Community Survey (2022 ACS 5-year). The official U.S. Department of Education determination uses its own cohort definition and may differ.

The risk score (0–100) is an indicative blend of earnings-premium margin and the five-year completions trend, higher means a field pays closer to (or below) the benchmark and is shrinking. A directional screen, not an official determination.

Major-level detail (CIP 4-digit)

Theology & Religious Vocations – 1 CIP program (4-digit), 0 with earnings

Major (CIP 4-digit)	Compl./yr	Earn 4yr	Earn 1yr	% > threshold	Median debt	Debt/earn	Earnings premium	2 of 3 yrs
Theological and Ministerial StudiesCIP 3906 ›	54	–	–	–	–	–	–	–

Major-level earnings, debt and threshold pass-rates are reported by College Scorecard only where enough graduates exist to protect privacy, so 0 of 1 major shows an earnings figure; the rest read “–”. % > threshold is ED’s own share of graduates out-earning the federal earnings threshold (the do-no-harm pass rate), drawn from the best available measurement window (4-, 5- or 1-year) pooled across all nine College Scorecard Field-of-Study releases; a small chip marks any figure not on the 4-year window, and hovering names the cohort size and source release. 2 of 3 yrs flags fields below the earnings-premium benchmark in two of the latest three reported cohort-years, the statutory trigger under the 2025 test (effective July 1, 2026). Indicative; the Department of Education’s official determination may differ. Source: U.S. Department of Education, College Scorecard Field of Study (2014–15 through 2022–23 cohorts + most-recent snapshot), accessed March 2026.

Business, Management & Marketing – 1 CIP program (4-digit), 0 with earnings

Major (CIP 4-digit)	Compl./yr	Earn 4yr	Earn 1yr	% > threshold	Median debt	Debt/earn	Earnings premium	2 of 3 yrs
Business Administration, Management and OperationsCIP 5202 ›	21	–	–	–	–	–	–	–

Communication & Journalism – 1 CIP program (4-digit), 0 with earnings

Major (CIP 4-digit)	Compl./yr	Earn 4yr	Earn 1yr	% > threshold	Median debt	Debt/earn	Earnings premium	2 of 3 yrs
Communication and Media StudiesCIP 0901 ›	9	–	–	–	–	–	–	–

Education – 1 CIP program (4-digit), 0 with earnings

Major (CIP 4-digit)	Compl./yr	Earn 4yr	Earn 1yr	% > threshold	Median debt	Debt/earn	Earnings premium	2 of 3 yrs
Teacher Education and Professional Development, Specific Levels and MethodsCIP 1312 ›	8	–	–	–	–	–	–	–

Liberal Arts & Humanities – 1 CIP program (4-digit), 0 with earnings

Major (CIP 4-digit)	Compl./yr	Earn 4yr	Earn 1yr	% > threshold	Median debt	Debt/earn	Earnings premium	2 of 3 yrs
Liberal Arts and Sciences, General Studies and HumanitiesCIP 2401 ›	8	–	–	–	–	–	–	–

Philosophy & Religious Studies – 1 CIP program (4-digit), 0 with earnings

Major (CIP 4-digit)	Compl./yr	Earn 4yr	Earn 1yr	% > threshold	Median debt	Debt/earn	Earnings premium	2 of 3 yrs
Philosophy and Religious Studies, GeneralCIP 3800	6	–	–	–	–	–	–	–

See the interactive dashboard for all fields and credential levels (associate through doctoral). Source: College Scorecard Field of Study.

Frequently asked

How financially healthy is The Southern Baptist Theological Seminary?

On the NACUBO Composite Financial Index, the −4 to 10 balance-sheet score accreditors and institutional boards use – The Southern Baptist Theological Seminary scores 8.4 (Strong), computed from its IPEDS FY2022-23 finances. This is informational benchmarking, not a credit rating.

How selective is The Southern Baptist Theological Seminary?

The Southern Baptist Theological Seminary admits about 56% of applicants, and roughly 79% of first-year students return for a second year.

What is The Southern Baptist Theological Seminary's student-faculty ratio?

The Southern Baptist Theological Seminary reports a student-faculty ratio of 16:1 (IPEDS, fall 2023) – that is, about 16 students for every instructional faculty member.

Which schools are The Southern Baptist Theological Seminary's peers?

The Southern Baptist Theological Seminary is benchmarked against 233 institutions in the Special Focus: Faith-Related · Private nonprofit peer group; all percentiles and medians on this page are computed within that group.

Compare with peers

Central Yeshiva Tomchei Tmimim Lubavitz New Orleans Baptist Theological Seminary Be'er Yaakov Talmudic Seminary Midwestern Baptist Theological Seminary Ozark Christian College Talmudical Seminary of Bobov

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Source: U.S. Department of Education, College Scorecard & IPEDS (most recent releases), with the U.S. Census Bureau (ACS), the U.S. Bureau of Labor Statistics (Employment Projections, field-demand outlook) and WICHE (enrollment-cliff projections). Figures lag the current academic year by roughly two to three years. Percentiles and medians are computed within the institution's peer group. Financial Resilience is a transparent composite, see each component above. Compiled by Ibex Insights.