by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
Curious about the financial aid opportunities at IWU and what you may be eligible for? Explore the answers here.
$5,203.00 is the typical Indiana Wesleyan University - National & Global’s first year financial aid package. Approximately 85% of incoming freshmen obtain financial assistance, with the majority being offered as loans.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at Indiana Wesleyan University - National & Global.
As well as scholarships, 74% of first-year students (581 total) got a federal grant, for about $3,971.00 per person.
These scholarships and grants are composed of primarily federal grants, and some state and local awards.
74% of freshman students at Indiana Wesleyan University - National & Global (581 total) got a federal grant, averaging $3,971.00.
The following table displays scholarship and grant allocations by family income for freshman students receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 55.39% | $5,117.00 |
| Income 30k-48k | 11.03% | $4,925.00 |
| Income 48k-75k | 6.21% | $4,052.00 |
| Income 75k-110k | 1.14% | $1,043.00 |
| Income 110k + | 0.25% | $513.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 789 undergraduate students at Indiana Wesleyan University - National & Global around 85% (596 total) receive some form of grant aid. The typical amount awarded was $5,203.00.The majority of which come in the form of Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.