Memphis Theological Seminary

www.memphisseminary.edu

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2019 Default Rate

on Student Loans

2022 Enrolled Students

203

73.9% Full-Time

About

Memphis Theological Seminary is a higher education institution located in Shelby County, TN. In 2022, the most popular Masters Degree concentrations at Memphis Theological Seminary were Divinity & Ministry (14 degrees awarded) and Religious Studies (3 degrees).

In 2022, 29 degrees were awarded across all undergraduate and graduate programs at Memphis Theological Seminary. 44.8% of these degrees were awarded to women, and 55.2% awarded men. The most common race/ethnicity group of degree recipients was black or african american (21 degrees), 3 times more than then the next closest race/ethnicity group, white (7 degrees).

In 2019 the default rate for borrower's at Memphis Theological Seminary was 6%, corresponding to 3 out of the 50 total borrowers.

Special Focus Four-Year: Faith-Related Institutions Special Focus Institutions

Costs

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.

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Memphis Theological Seminary was 6%, which represents 3 out of the 50 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

Memphis Theological Seminary had a total enrollment of 203 students in 2022. The full-time enrollment at Memphis Theological Seminary is 150 students and the part-time enrollment is 53. This means that 73.9% of students enrolled at Memphis Theological Seminary are enrolled full-time.

The enrolled student population at Memphis Theological Seminary, both undergraduate and graduate, is 61.6% Black or African American, 27.6% White, 2.96% Asian, 2.46% Hispanic or Latino, and 2.46% Two or More Races.

Students enrolled in full-time Graduate programs are most commonly Black or African American Female (38.7%), followed by Black or African American Male (26.7%) and White Female (15.3%).

Full-Time vs Part-Time Enrollment

73.9%

Full-Time Enrollment

The total enrollment at Memphis Theological Seminary in 2022, both undergraduate and graduate, is 203 students. The full-time enrollment at Memphis Theological Seminary is 150 and the part-time enrollment is 53. This means that 73.9% of students enrolled at Memphis Theological Seminary are enrolled full-time compared with N/A% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Memphis Theological Seminary (in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

Black or African American
125 enrolled students
White
56 enrolled students
Asian
6 enrolled students

The enrolled student population at Memphis Theological Seminary is 61.6% Black or African American, 27.6% White, 2.96% Asian, 2.46% Hispanic or Latino, and 2.46% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 42.1% White, 19.3% Hispanic or Latino, and 14.1% Black or African American.

Graduates

In 2022, 3 fewer women than men received degrees from Memphis Theological Seminary. The most common race/ethnicity group of degree recipients at Memphis Theological Seminary is black or african american (21 degrees awarded). There were 3 times more black or african american recipients than the next closest race/ethnicity group, white (7 degrees).

The most common Masters Degree concentration at Memphis Theological Seminary is Divinity & Ministry (14 degrees awarded), followed by Religious Studies (3 degrees).

In 2022, the most specialized majors across all degree types at Memphis Theological Seminary, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (26 degrees awarded) and Philosophy and Religious Studies (3 degrees).

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 Memphis Theological Seminary are Clergy (104,556 people), Lawyers, & judges, magistrates, & other judicial workers (28,418 people), Postsecondary teachers (23,262 people), Other managers (18,937 people), and Elementary & middle school teachers (18,730 people).

The most specialized majors at Memphis Theological Seminary in 2022 are Theology (26 degrees awarded) and Philosophy and Religious Studies (3 degrees) (as of 2022).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Memphis Theological Seminary are Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, Dentists, and Physicians

The most specialized majors at Memphis Theological Seminary are Theology (26 degrees awarded) and Philosophy and Religious Studies (3 degrees) (as of 2022).

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 Memphis Theological Seminary are Religious organizations (113,365 people), Elementary & secondary schools (46,328 people), Colleges, universities & professional schools, including junior colleges (42,829 people), Legal services (21,831 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (20,895 people).

The most specialized majors at Memphis Theological Seminary are Theology (26 degrees awarded) and Philosophy and Religious Studies (3 degrees) (as of 2022).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Memphis Theological Seminary.

Most Common (2022)

Divinity & Ministry
14 degrees awarded
Religious Studies
3 degrees awarded

In 2022, the most common masters degree concentration at Memphis Theological Seminary was Divinity & Ministry with 14 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from masters degree programs at Memphis Theological Seminary according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 16 degrees were awarded to men at Memphis Theological Seminary, which is 1.23 times more than the number of degrees awarded to females (13).

This chart displays the sex disparity between the top 5 majors at Memphis Theological Seminary by degrees awarded.

Most Common Male Majors

In 2022, 9 degrees were awarded to men at Memphis Theological Seminary in Divinity & Ministry, which is 1.8 times more than the 5 female recipients with that same degree.

Most Common Female Majors

In 2022, 7 degrees were awarded to men at Memphis Theological Seminary in Other Theological & Ministerial Studies, which is 1.4 times more than the 5 male recipients with that same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

Black or African American
21 degrees awarded
White
7 degrees awarded
Asian
1 degrees awarded

The most common race/ethnicity at Memphis Theological Seminary is black or african american (21 degrees awarded). There were 3 times more black or african american recipients than the next closest race/ethnicity group, white (7 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

Black or African American Male
13 degrees awarded
Black or African American Female
8 degrees awarded
White Female
5 degrees awarded

The most common race/ethnicity and sex grouping at Memphis Theological Seminary is black or african american male (13 degrees awarded). There were 1.63 times more black or african american male recipients than the next closest race/ethnicity group, black or african american female (8 degrees).

Operations

Memphis Theological Seminary has an endowment valued at nearly $14.1M, as of the end of the 2022 fiscal year. The return on its endowment was of −1.01M (−7.2%) compared to the 0.21% average return (24.5k on 11.6M) across all Special Focus Institutions.

In 2022, Memphis Theological Seminary had a total salary expenditure of 3.5M. Memphis Theological Seminary employs 4 Professors, 3 Associate professors and 3 Assistant professors. Most academics at Memphis Theological Seminary are Male Professor (2), Female Professor (2), and Male Associate professor (2).

The most common positions for non-instructional staff at Memphis Theological Seminary are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 7 employees, Office and Administrative Support, with 4 employees, and Management with 3 employees.

Endowment

$14.1M

2022 Endowment

8.88%

decline from 2021

This line chart shows how the endowment at Memphis Theological Seminary (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.

Salary Expenditure

$1.98M

2022 Salaries

1.02%

growth from 2021

In 2022, Memphis Theological Seminary paid a median of $1.98M in salaries, which represents 56.5% of their overall expenditure ($3.5M) and a 1.02% growth from the previous year. This is compared to a 8.87% growth between 2020 and 2021, and a 4.81% decline between 2019 and 2020.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

Instructional Salaries

$586k

Instructional Salaries

Number of Employees

In 2022, Memphis Theological Seminary paid a total of $586k to 10 employees working as instructors, which represents 29.6% of all salaries paid.

This is compared to a median of $975k (30.7%) for similar Special Focus Institutions.

Occupations by Share

Professor

Most Common Instructor

4 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

7 Employees

In 2022, the most common positions for instructional staff at Memphis Theological Seminary were Professor with 4 employees, Associate professor with 3 employees, and Assistant professor with 3 employees.

In 2022, the most common positions for non-instructional staff at Memphis Theological Seminary were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 7 employees, Office and Administrative Support with 4 employees, and Management with 3 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Professor
Female Professor
Male Associate professor

In 2022, the most common demographic for instructional staff at Memphis Theological Seminary was Male Professor with 2 employees, Female Professor with 2 employees, and Male Associate professor with 2 employees.

This chart shows the sex split between each academic rank present at Memphis Theological Seminary.

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