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These Are The 10 Best Small Colleges In Iowa

By Chris Kolmar
Feb. 1, 2018
Last Modified and Fact Checked on: Jan. 14, 2026

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Top 10 Small Colleges in Iowa for 2026
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Choosing a small college offers numerous benefits: personalized attention from faculty, a close-knit community, and often lower tuition costs. As student debt continues to be a pressing concern, many students are seeking affordable educational opportunities that provide high value.

So, which small college in Iowa stands out as the best?

At Zippia, we analyzed data from 26 higher education institutions in Iowa to identify which colleges offer the best overall student experience. Our focus was on schools with enrollments under 2,000 students, which emphasizes the intimate learning environment small colleges provide.

After thorough analysis, here are the top small colleges and universities in Iowa for 2026:

  1. St Luke’s College
  2. Allen College
  3. Grinnell College
  4. Emmaus Bible College
  5. Mount Mercy University
  6. Faith Baptist Bible College and Theological Seminary
  7. AIB College of Business
  8. William Penn University
  9. Graceland University-Lamoni
  10. Morningside College

If you are attending one of these institutions, you may already appreciate the exceptional opportunities they offer. For those considering their options, read on to discover why these colleges are among the best in Iowa.

For additional resources on Iowa’s job market, check out:

How We Determined the Best Small Colleges in Iowa

In evaluating the best small colleges, we employed a data-driven approach that mirrors the analytical mindset of economics. By comparing various performance metrics, we aimed to help prospective students make informed decisions.

To optimize your selection process, we utilized data from the NCES (National Center for Education Statistics) and College Scorecard from ED.gov, focusing on key indicators of career success:

  • Career Outcomes
    • Mean Earnings After 6 Years
    • Mean Earnings After 10 Years
    • Employment-to-Unemployment Ratio After 10 Years
  • Institutional Performance
    • Admissions Rate (Lower is better)
    • Graduation Rate
    • Average Cost of Attendance (Lower is better)
    • Average Debt Upon Graduation

Ultimately, a selective institution that fosters strong career outcomes is hard to beat.

After aggregating the data, we ranked the 26 small colleges in Iowa based on each criterion, with 1 representing the best performance. The final “Quality Index” score allowed us to determine the top-ranked school.

The highest score was awarded to St Luke’s College, making it Iowa’s premier small college.

1. St Luke’s College

St Luke's College
Enrollment: 97

Located in Sioux City, IA, St Luke’s College stands out as Iowa’s top small college based on comprehensive data analysis.

Graduates from St Luke’s enjoy some of the highest salaries among small colleges in Iowa, ranking 8th statewide even a decade post-graduation. With an admission rate of 24% and the 6th lowest cost of attendance, it presents an excellent value proposition for students.

2. Allen College

Allen College, Iowa
Enrollment: 230

Allen College, located in Waterloo, is a prominent private college noted for its affordability and academic excellence.

It ranks as the 7th cheapest small college in Iowa, features a low admission rate, and boasts an impressive graduation rate, which is the 4th highest among small colleges in the state.

3. Grinnell College

Grinnell College, Iowa
Enrollment: 1,344

Grinnell College is well-regarded throughout Iowa as an elite educational institution. With a graduation rate of 89%, it ranks 2nd among small colleges and maintains a competitive admission rate of 28%.

4. Emmaus Bible College

Emmaus Bible College, Iowa
Enrollment: 294

Located in Dubuque, Emmaus Bible College is recognized for its low admission and high graduation rates, making it a valuable choice for prospective students. Additionally, it ranks as the 3rd least expensive college in Iowa.

5. Mount Mercy University

Mount Mercy University, Iowa
Enrollment: 1,363

Mount Mercy University, situated in Cedar Rapids, excels in providing personalized education and notable graduate salaries.

6. Faith Baptist Bible College and Theological Seminary

Faith Baptist Bible College and Theological Seminary, Iowa
Enrollment: 382

This Ankeny-based private college is celebrated for its low costs and impressive post-graduation employment rates, ranking 2nd in the state.

7. AIB College of Business

AIB College of Business, Iowa
Enrollment: 875

AIB College of Business in Des Moines has an acceptance rate of 59%, indicating its desirability. Graduates enjoy the 16th highest salaries and a solid graduation rate.

8. William Penn University

William Penn University, Iowa
Enrollment: 1,384

William Penn University, located in a picturesque area of Iowa, offers students low debt levels upon graduation and ranks 10th in terms of post-graduation salaries.

9. Graceland University-Lamoni

Graceland University-Lamoni, Iowa
Enrollment: 1,477

Graceland University-Lamoni stands out for its selective admissions process, affordable costs, and high employment rates for graduates.

10. Morningside College

Morningside College, Iowa
Enrollment: 968

Morningside College, another notable private institution, features a competitive admission rate and ranks 8th for post-graduation employment rates in Iowa.

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Author

Chris Kolmar

Chris Kolmar is a co-founder of Zippia and the editor-in-chief of the Zippia career advice blog. He has hired over 50 people in his career, been hired five times, and wants to help you land your next job. His research has been featured on the New York Times, Thrillist, VOX, The Atlantic, and a host of local news. More recently, he's been quoted on USA Today, BusinessInsider, and CNBC.

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