*** Notice *** IWU is now using Heartland ESCI to service the Federal Nursing Loan, Federal Perkins Loan and IWU Loan. Please click here for more information.
Illinois Wesleyan University is committed to putting the highest quality educational experience in reach for all students.
Financial Aid Application Process
The 2018-19 Free Application for Federal Student Aid (FAFSA) is available October 1, 2017 and will be based on 2016 income. IWU's Federal School Code is 001696 and the preferential filing deadline is November 1, 2017.
90% of IWU students receive aid
Over 90% of incoming students from all backgrounds qualify for scholarship or grant assistance.
Over half of tuition, on average, is covered by scholarships and grants for incoming Illinois Wesleyan students.
Average Aid Awarded by Family Income
This family income chart for the fall 2016 entering class shows the amount of aid received (number of students in parentheses)
We want to help you understand all of your options and make it simple to receive them.
The largest source of gift aid is derived from friends of Illinois Wesleyan University who have provided funds for worthy students who need assistance.
You do not have to apply separately for these generously endowed scholarships.
When you first submit your application for admission along with your transcripts, you will be considered for all merit scholarships.
Interest for student loans is typically lower than consumer rates. The success rate of Illinois Wesleyan graduates paying their loans is over 99%, well above the national average.