Illinois Wesleyan University is committed to putting the highest quality educational
experience in reach for all students.
The Right Investment
Your top goal after graduating is finding a job. And you don’t want just any job -
you want a job in your field of study that pays well. We’ll let the numbers speak
for us. IWU grads make on average $59,100, which led to The Economist ranking us #1in
Illinois for salaries of graduates.
Not only are you likely to get assistance from scholarships and grants, but if you
take out student loans, you’re more empowered to pay it off. Paying off student debt
is directly tied to your ability to find a job, and one that pays well. With the Hart
Career Center and the higher average salary, more IWU grads are able to pay down debt.
More than 95% of IWU students receive aid
That's right. More than 95%
of incoming students from all backgrounds qualify for scholarship or grant assistance.
In fact, on average, over half of tuition is covered by
scholarships and grants
for incoming Illinois Wesleyan students.
Financial Aid Application Process
How to apply for aid
It is now time to begin filling out the 2020-2021 Free Application for Federal Student Aid, (FAFSA) based on
2018 income. IWU's Federal School Code is 001696. Preferential filing deadline is November 1, 2019.
We want to help you understand all of your options and make it simple to receive them.
With generous aid packages from a range of sources, IWU families pay far less than
you might expect. To give you an idea, we offer a net price calculator.
Four Main Types of Financial Assistance
Below are the four main sources of aid with a brief explanation to help you understand
the assistance offered. Please keep in mind, your financial aid award is specific
to you, and may or may not include all of the types of assistance below.
IWU Residential Grant is need-based. Students who live in campus residence halls, fraternities or sororities,
approved study abroad locations, or University-owned off-campus living units are eligible
to be considered for this grant.
Federal Pell Grants provided by the federal government are available to students who demonstrate significant
financial need. For 2019-20, the maximum Pell Grant award is $6,195.
Federal Supllemental Education Opportunity Grants (SEOG), provided by the federal government, are also available to students from families
who demonstrate significant financial need and who would not be able to attend the
University without this assistance. The awarding of these grants is based on Pell
Grant eligibility, availability of federal funds, and satisfactory academic progress.
Amounts typically range from $200 - $1,000 per year.
State of Illinois MAP (Monetary Award Program) Grant is an estiamted award based on information from the Illinois Student Assistance Commission
(ISAC). Eligibility is based on financial need, being an Illinois resident and attending
an Illinois college or university. The amount listed is subject to change until it
is finalized by the Illinois legislature. For the 2019-20 academic year, the maximum
MAP Grant award is $5,340. This award is also based on the assumption that a student
is enrolled in four units per semester at Illinois Wesleyan.
Student Employment or Federal Work Study
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.
IWU is now using Heartland ESCI to service the Federal Nursing Loan and IWU Loan.
You can access more information using this link.
A job on campus helps students pay for their education while gaining 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 work.
Current Job Openings