From the President
Tuition and Fees for 2011-12
Over the past few months, several campus committees and the Board of Trustees have
engaged in discussions regarding near-term and long-term budget planning. These conversations
have invariably dealt with striking the right balance between sustaining the high
quality of an Illinois Wesleyan education and keeping the comprehensive fee as low
as possible for our students and their families.
At our February board meeting, a tuition increase of 3.75 percent, or $1,316, was
approved for the 2011-12 academic year. For students living on campus there will
be an additional room and board increase of $370, which brings their total increase
to 3.9 percent. There will be no increase in the $500 on-campus May Term fee that
was introduced this academic year. These increases are among our lowest in recent
years and at the low end of the increases at peer institutions, both regionally and
nationally. You should also be aware that about 15 percent of the total cost of a
Wesleyan education is offset by the income generated from our endowment and annual
gifts made by alumni and friends of the University. A summary of next year’s costs
can be found at www.iwu.edu/bus/studentacct/Tuition11-12.html.
Over the past three years, we have made a number of budget adjustments and increased
our fundraising efforts in order to sustain the high quality of the educational experience
and keep costs down. In this regard, I was pleased to see in the December 2010 issue
of Kiplinger’s Personal Finance that Illinois Wesleyan was ranked the 32nd Best Value among private
liberal arts colleges nationally, up from 37th in 2008 and 34th in 2009. This Kiplinger’s ranking, which is derived from measures of academic quality and affordability, provides
a good indicator of the value you are receiving for your investment with us.
Finally, I would like to remind you that the time to file for need-based financial
aid is now. Should you or your student have questions regarding the application process,
I encourage you to visit the Office of Financial Aid on the Web at www.iwu.edu/finaid/ or call (309) 556-3096.
On behalf of the faculty and staff, I want to thank you for the efforts you are making
to send your son or daughter to Illinois Wesleyan. I can assure you that providing
students with the best possible undergraduate experience remains our highest priority.
Richard F. Wilson