$4,403

Avg. Federal Grant

$5,644

Avg. Federal Loan

$42,141,446

Total Aid Awarded

Indiana Wesleyan University (IWU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

83%

Total Aid Amount Average Total Aid Awarded per year.

$42.141M

Financial Aid Official Website

https://www.indwes.edu/Financial-Aid/

The Indiana Wesleyan University (IWU) - Marion aims to provide Indiana Wesleyan university financial aid to each and every qualified student who capable and promising enough. The Indiana Wesleyan financial aid programs provide the students with ample amount of assistance for their career growth. The students taking courses in IWU National & Global program are always encouraged to apply for a variety of student financial aid options under the IWU financial aid schemes. The university understands the process of availing the financials aid can still be a very complex task for the students and parents so for this reason Indiana Wesleyan financial aid office is set up to help the student. The IWU financial aid office helps the students at every step of the financial aid availing process starting from the form fill up process to the completion of availing of IWU financial aid. On top of this facilities the IWU financial aid office provided the students with IWU financial aid office phone number which is mentioned below.

Indiana Wesleyan University financial aid phone number – 800-621-8667 / 765-677-2516.

An amount of $42141446 is awarded under Indiana Wesleyan University financial aid programs as Total aid by Indiana Wesleyan University - Marion. The university also gives provision of refunds to financial aids availed under some special conditions of Indiana Wesleyan financial aid refund criteria whose details can be acquired from IWU financial aid office via email or contacting them on the IWU financial aid office phone number mentioned above.

There are various types of financials aids present in the university-

      Grants

  •       Federal Pell Grant

  •       Federal Supplemental Educational Opportunity Grant (FSEOG)

  •       Teacher Education Assistance for College and Higher Education (TEACH) Grant

  •       Indiana State Grants

  •       Kentucky State Grants

  •       Kentucky National Guard Tuition Award Program

  •       Ohio State Grants

      Scholarships and Discounts

  •       Alumni Scholarship

  •       IWU Partner Discounts

  •       Military Preferred Tuition

  •       Pastoral Discounts

  •       Indiana State Minority Teacher

  •       Grants and Scholarships from Outside Sources

  •       Military/Veteran Benefits

  •       Indiana Vocational Rehabilitation Services (VRS)

  •       Tuition Reimbursement/Employer Assistance

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

33%

State Grant Aid

26%

Institution Grant Aid

96%

Pell Grant

33%

Average Aid Awarded

Federal Grant Aid

$4,403

State Grant Aid

$7,445

Institution Grant Aid

$13,759

Pell Grant

$4,333

The above mentioned table shows that the IWU financial aid is segregated in four different categories which are provided by the Indiana Wesleyan University these are Federal Grants, Pell Grants, State Grants and Institutional Grants. Among all these grants under Indiana Wesleyan university financial aid schemes that are provided by the university the financial aid that covers the maximum percentage of students is the Institutional Grants which is about 96% in terms of coverage. This is not the only thing about Institutional Grants but the average grant amount provided under the Institutional Grants of Indiana Wesleyan University is the highest among all four categories of grants and sums up to $13,759.

And for the case of state grant aid it is the lowest among all four about 26% and the average amount that is granted under the State grant scheme is $7,445. For the case of Federal grant aid and Pell grant aid both of them have the same percentage coverage about 33% each. The amount provided under Federal grant aid and Pell grant aid are $4,403 and $4,333 respectively.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$23,086

$30,001 - $48,000

$22,569

$48,001 - $75,000

$20,086

$75,001 - $110,000

$15,932

Over $110,000

$11,925

The mentioned above table shows that a student from a low-income family is considered for higher Indiana Wesleyan financial aid provided by the University. For the students with a family income less than $30,000, the amount of financial aid is of $23,086 whereas those students who fall under the category of family income over $110,000 the IWU financial aid amounts sum up to $11,925 as they are able to tackle the financial situations in a better way. These federal aids help students of low-income backgrounds to complete their degrees with much ease.

Student Loans for Indiana Wesleyan University (IWU)

Average Loan Amount Average Loan Amount received per year.

$7,628/Year

Students Taking Out Loans

63%

Loan Default Rate

6.9%

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