Grace College is an accredited, Christ-centered institution of higher education located in the historic lakeside town of Winona Lake, Ind. Affiliated with the Fellowship of Grace Brethren Churches, Grace College was founded in 1948. Today, Grace offers more than 70 undergraduate degrees in both traditional four-year and accelerated three-year degree formats. Grace also offers on-campus and online graduate degrees, a blended four-year bachelor’s and master’s degree program, a bachelor’s degree completion program and associate degrees. Though Grace is a four-year liberal arts college, it also offers academically aggressive students an accelerated 3-year degree option that reduces the cost of a college education by 25% and will place them in their careers sooner. Students may choose to graduate with a bachelor's degree in three years, a master's in four, or a bachelor's in four. In addition to the 3-year degree option, Grace's new game-changing initiative means that tuition lowered 9% in the fall of 2015. On top of that, undergraduate students receive free textbook rentals for every Grace College class. Grace College & Seminary is an evangelical Christian community of higher education which applies biblical values in strengthening character, sharpening competence, and preparing for service.