[4] A local Bible Study group led by J. Fergus Kirk, a central Alberta Presbyterian farmer, was the precursor to Prairie College.

Maxwell, the Kirks, the McElherans, and other local families saw the school grow to attain an enrolment of over 900 students by 1948 and become Canada's largest Bible college, a position it would hold until 1984.

Graduate level education returned to Prairie in the fall of 2012 through reciprocal academic arrangements with Carey Theological College, an accredited seminary affiliated with the University of British Columbia of Vancouver.

Additionally in 2019, Prairie College entered into a full partnership with Taylor Seminary of Edmonton, Alberta to deliver accelerated hybrid B.A.M., M.Div.

In 2005, the building was demolished so that a new multipurpose facility, The Maxwell Centre, could be built to house administrative offices and classrooms for Prairie College.

As for Prairie Tabernacle Congregation, the fellowship initially moved its meeting place to the local Christian Academy and subsequently migrated to other facilities on the college campus.

These, along with other evangelical churches, employed graduates of Prairie and other rural Bible schools until they were able to establish their own denominational colleges and seminaries with campuses in urban and metropolitan areas of western Canada.

The school currently competes in men's and women's basketball, futsal, and volleyball, as well as cross country running and indoor track.