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Graceland University-Lamoni

Lamoni, IA·Private nonprofit·798 students
Last updated: March 22, 2026

A good fit for students who want accessible admissions and students who want small classes and close faculty access. freshman retention is below 65%. a private nonprofit school with 798 students.

81%
Accept
798
Students
$18,504
Net Price
42%
Grad Rate
$40,200
Earnings
10 yr
$21,212
Debt

About This School

Graceland University-Lamoni is a private nonprofit institution located in Lamoni, Iowa with approximately 798 undergraduate students enrolled. Graceland University-Lamoni has an open or accessible admissions process, with an acceptance rate of 81%. The average net price after financial aid is $18,504 per year. The graduation rate is 42%, and the typical graduate earns $40,200 within 10 years of enrollment.

The numbers tell a mixed story here: the $15,975 average net price and relatively low median debt of $14,209 make this one of the more affordable private college options, but a 38% graduation rate and 64% freshman retention rate suggest many students don't finish — a serious red flag worth pressing the school to explain. Median earnings of $40,200 a decade out are modest but manageable given the debt load, so if you do graduate, you won't be buried. Worth considering only if you've visited, connected with faculty in your specific program, and have a clear plan for staying enrolled.

Setting
Remote rural
Avg Faculty Salary
$6,885

Popular Programs

Health Professions39%
Business & Marketing16%
Education8%
Visual & Performing Arts5%
Psychology5%
Computer Science3%
Biological Sciences2%
Social Sciences1%

Percentage of degrees awarded. Source: College Scorecard.

Admissions

Test Policy: Neither required nor recommended

SAT Scores

Average CompositeN/A

ACT Scores

Midpoint Composite20

Cost & Financial Aid

In-State Tuition
$20,950
Out-of-State Tuition
$20,950
Avg Net Price
$18,504
after aid

Net Price by Family Income

Under $30k$15,875
$30–48k$16,390
$48–75k$20,883
$75–110k$18,345
$110k+$21,560

Average annual cost after grants/scholarships, by household income. Source: U.S. Department of Education College Scorecard.

Financial Aid

Students receiving Pell Grants49%
Median debt at graduation$21,212

Full Cost

After Graduation

Graduation Rate
42%
within 6 years
Retention Rate
55%
freshmen returning
Earnings (10 yr)
$40,200
after enrollment
Median Debt
$21,212
at graduation

Earnings 6 Years After Enrollment, by Gender

Male graduates$38,300
Female graduates$43,100

Gap: -13% less for female graduates. National avg ~16%.

Will This School Pay Off?

Median Debt
$21,212
at graduation
Earnings (6 yr)
$41,400
after enrollment
Earnings (10 yr)
$40,200
after enrollment
Earnings-to-Debt Ratio: 1.9x

Solid return. Earnings outpace debt, though major choice matters.

Earnings data from the U.S. Department of Education College Scorecard. These are means across all graduates, not specific to any major.

Student Body

White45%
Black20%
Hispanic/Latino14%
Asian1%
Two or more races6%
Native Hawaiian/Pacific Islander1%
International11%

Source: U.S. Department of Education College Scorecard (798 undergraduates).

Contact & Location

Address

Graceland University-Lamoni

1 University Place

Lamoni, IA 50140

View on Google Maps →

Other Schools in Iowa

Browse all Iowa schools →

Sources & Methodology

Data

Primary data source: U.S. Department of Education College Scorecard. Accessed via automated sync. Latest values may come from different reporting years depending on the metric.

Important Caveats
  • Earnings figures are institution-level averages, not major-specific.
  • Some metrics are based on Title IV financial aid recipients only.
  • Some values may be privacy-suppressed or rolled up by the Department of Education.
  • Contact the school directly for current admissions requirements and costs.
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