Investing in a quality education is one of the most important decisions a family can make. Illinois Wesleyan University is committed to putting the highest quality educational experience in reach for all students.

We know the financial aid process can be quite confusing. At IWU, we have attempted to simplify the process as much as possible. We have a number of benefactors who have generously endowed scholarships for our students and we do not ask that you apply separately for each of these scholarships. Your application for admission and transcripts will put you in consideration for all merit scholarships.

The preferred filing deadline for need-based applications is Feb. 1.

90% of IWU students receive aid

Over 90% of incoming students representing every socioeconomic class 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 2015 entering class shows the number of students (in parentheses) and the amount of aid they received. 


We want to help you understand all of your options and what you have to do to receive them.

Scholarships & Grants

The largest source of gift aid is derived from friends of Illinois Wesleyan University who have provided funds for worthy students who need assistance.


If grants, scholarships, student employment and family assistance don’t cover your college costs, you may need to consider loans. Though student loans must be repaid, interest is typically lower than consumer rates. Learn about student and parent loans, how to apply for them, and the differences in federal and private loans.

Student Employment

A job is a great way to help pay for college. Not only do you make money, you gain valuable work experience. Studies show that students who work while attending college do as well or better in school than their classmates who don’t.

View Current Job Openings