Types of Scholarships and Grants from Financial Aid
Illinois Wesleyan Scholarships and Grants
The various classes of grants, awards and scholarships are listed below:
ALUMNI SCHOLARSHIP (merit award) renewable four-year scholarship provided by Illinois Wesleyan based on academic information provided with the application for admission. Scholarship range is $10,000 to $22,000 per year.
ALUMNI OPPORTUNITY GRANT (merit award) renewable four-year scholarship provided by Illinois Wesleyan based on academic information provided with the application for admission. Scholarship range is $5,000 to $10,000 per year.
ALUMNI FINE ARTS AWARD (merit award) renewable four-year scholarship provided by Illinois Wesleyan based on the audition or portfolio review and academic information submitted by students majoring in art, music, or theatre arts. Scholarship range is $10,000 to $22,000 per year.
INTERNATIONAL STUDENT AWARDS (merit award) are granted to international students for study on-campus at Illinois Wesleyan in the belief that they will make significant contributions to the University community. These awards consider many qualities in a student’s background, some of which are: prior academic performance, recommendations, testing, and/or artistic talent in music, art, or theatre arts. Scholarships range from $1,000 per year to full tuition. A student must be enrolled full time, maintain a 3.0 cumulative grade point average, and achieve satisfactory academic progress to retain these scholarships. Scholarships are renewable each year for a maximum of 4 years or until a student has earned credit equivalent to a Bachelor of Arts degree. International students also may be offered a combination of loan and/or job only on the basis of merit.
ILLINOIS WESLEYAN ALUMNI GRANTS (need based) are awarded in amounts varying with need. The process begins by completing the IWU financial aid application or the College Board’s Profile. When the student has been accepted for admission, either of these forms will become his or her application for financial assistance. Renewals are available if satisfactory academic progress is maintained and financial need is evident. Application for renewal is made to the Illinois Wesleyan Financial Aid Office. Recipients must be enrolled full time and maintain a specified cumulative grade point average to retain these grants.
JENNINGS MUSIC SCHOLARSHIP for NON-MAJORS (merit award) $1,000 per year awards for non-music majors that also provide free music lessons. The scholarships are renewable for four years. Awards are based on an audition and the requirement that the student participate in an appropriate music ensemble. Satisfactory progress in private lessons is also a condition of the award.
NATIONAL MERIT, NATIONAL ACHIEVEMENT AND NATIONAL HISPANIC SCHOLARSHIP (merit award) $2,000 to $4,000 scholarship per year awarded to students who are named finalists in the National Merit, National Achievement or National Hispanic programs.
THEATRE TECH SCHOLARSHIP for NON-MAJORS (merit award) the $1,000 per year scholarship is available through competitive portfolio interviews and is based on the overall technical needs of the School of Theatre Arts. The scholarship is for students interested in continuing with their technical threatre skills and interests.
State of Illinois Grants and Scholarships
ILLINOIS STATE GRANTS are awarded non-competitively, requiring only that the candidate be accepted or enrolled at an approved Illinois college or university. A Free Application for Federal Student Aid also must be submitted to establish the factor of need. In order to qualify for a grant, a student must be a legal resident of the State of Illinois. Additional specific information concerning citizenship or residency status may be obtained from the University’s Financial Aid Office.
The University urges students to make application for the above assistance by February 1st since awards are granted according to the availability funds. IWU will not provide off-setting assistance to those students who could have, but failed, to make the appropriate application for this Illinois State Monetary Award. A recipient of an Illinois State Monetary Award who enrolls for three course units must contact the Financial Aid Office about reduced award eligibility.
Federal Government Grants
FEDERAL PELL GRANTS supported by the Federal government are available to students who demonstrate significant financial need. Amounts range from $588 to $5775. Students who enroll for less than 3 course units per semester must contact the Financial Aid Office regarding award eligibility.
FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS (SEOG) supported by the Federal government are also available to students from families with significant financial need who would not be able to attend college without this assistance. Amounts range from $200 to $4,000. The awarding of these grants is based on established financial need, availability of Federal funds, and satisfactory academic progress.