Grace Bible Church (GBC) of Conway, Arkansas, was founded by Jeff Johnson in 2000, when a few families met in the living room of his apartment to start a church that would be established upon faithful exposition of Scripture and Christ-centered worship. In 2011, Johnson began an informal theology and ministry class on Wednesday evenings to train men within the church for various leadership roles. This class would be a small seed that the Lord would eventually grow into a seminary.
In 2016, Grace Bible Church hosted two courses in partnership with Reformed Baptist Seminary (RBS). In 2017, Grace Bible Institute was established, which would later be renamed Grace Bible Theological Seminary (GBTS). Classes were offered on a more regular basis and the variety of courses increased each year. In 2019, the seminary's first three students graduated, and the school moved into a new, on-campus facility that was provided by a generous donor.
In 2020, GBTS formally began a Master of Divinity (M.Div.) program, which serves as the flagship degree program of the institution. The seminary now offers three (3) degree programs (M.Div., MAPS, and Cert.) and has a teaching faculty comprised of eight (8) instructors/professors, along with two (2) staff members.
All school policies and decisions are subject to the seminary's confessional documents and statements of faith. As a ministry of Grace Bible Church of Conway, Arkansas, the seminary's employees and volunteers operate in a ministerial capacity and perform ministerial functions. The seminary is under the oversight and supervision of the elders of Grace Bible Church who comprise the Board of Directors ("Trustees") of the seminary.