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National Application Center :: campus tours :: Illinois Wesleyan University costs & financial aid

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Illinois Wesleyan University

Illinois Wesleyan University
PO Box 2900
Bloomington, IL 61702-2900


Fax number: (309) 556-3411
Website: https://www.iwu.edu/
Screen last updated on: February 2024

The financial aid information below is valid for the 2023 academic year.

FINANCIAL AID OFFICE
Financial aid homepage: https://
tcc.ruffalonl.com/
Illinois%20Wesleyan%20University/
Freshman-Students

EXPENSES
Undergraduate tuition: $55,500; $55,500 out-of-state
Book fees: $800
Miscellaneous expenses: $200
Other expenses: Estimated expense of transportation for residents.
Combined room and board expenses: $12,880

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSANovember 1noN/A

Applied for financial aid:
85% of first-year students
80% of full-time undergraduates
Determined to have financial need:
83% of first-year students
87% of full-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
Students receiving financial aid who received need-based self-help aid:
68% of first-year students
71% of full-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
39% of first-year students
30% of full-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
25% of first-year students
25% of full-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
87% for first-year students
86% for full-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$43,667 for first-year students
$42,213 for full-time undergraduates
Average need-based gift award:
$39,114 for first-year students
$36,919 for full-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$5,027 for first-year students
$6,405 for full-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$4,323 for first-year students
$5,501 for full-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
27% of first-year students
28% of full-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$33,647 for first-year students
$29,984 for full-time undergraduates
School participates in Federal Work-Study Program: yes

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • FFEL Unsubsidized Stafford Loans
  • Federal Perkins Loans
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
Non-need-based scholarships/grants available:
  • non-need-based (general)

ADDITIONAL INFORMATION

Illinois Wesleyan has long been known for the economic diversity of its student body. Our students come from small towns, big cities, suburbs and faraway places. Their parents range from professionals and family farmers to blue-collar workers and small business owners to shop clerks and government workers. We truly feel that this diversity enhances the learning experience on campus. Therefore, each year Illinois Wesleyan allocates over $27 million to a wide range of financial assistance programs so that talented and deserving students from many different circumstances have the opportunity to attend the University. More than two-thirds of our students are awarded merit or talent scholarships and more than half receive need-based grants, sometimes in addition to a previously offered scholarship. The overwhelming majority of these funds are made possible by the generosity of alumni and friends of the University. Overall, more than 90% of students qualify for some type of gift assistance from Illinois Wesleyan.

 
Data is copyrighted material under license to Peterson's, LLC. Material may contain updates provided solely by the institution to which the updated Data relates. These updates are not independently validated, and no party associated with this website can accept responsibility for their accuracy. Copyright © 2021 by Peterson's, LLC. All rights reserved.