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A total of 6,081 Indiana Wesleyan University students entered loan repayment in 2017. After three years, 6.9% of these students (425 out of 6,081) defaulted on their loans. The lower the default rate, the better! The chart below compares this college to the average 3-year default rate calculated across all of the 4-year schools we have data for.
Students can also use federal and state aid from Indiana. Updated academic scholarships will be arriving fall 2025, so make sure to stay up to date on what financial aid is available by visiting our website often! Indiana Wesleyan's average financial aid package to campus students is $21,249. Browse Aid Options Financial Aid Forms.
At Indiana Wesleyan University, the median federal loan debt among borrowers who completed their undergraduate degree is $24,250. The median monthly federal loan payment (if it were repaid over 10 ...
- How Much Does Indiana Wesleyan University Cost?
- How Much Financial Aid Do Students at Indiana Wesleyan University get?
- Overall Aid
- Grants and Scholarships
- How Generous Is Indiana Wesleyan University’s Financial Aid?
- How Much Debt Is Typical For Students at Indiana Wesleyan University?
- Loan Overview
- Federal Loans
- Other Private Loans
- What Would It Cost You to Attend Indiana Wesleyan University?
Knowing what a school costs is Step #1 in managing college costs. There’s more to think about than just the tuition—you also have to factor in where you'll live, what you'll eat, and more while attending Indiana Wesleyan University. The "Cost of Attendance" is the total amount of money the average student has to pay, WITHOUT any financial aid, to a...
The Cost of Attendance listed above might be intimidating. The good news is that most students don’t end up paying that full price to attend Indiana Wesleyan University.Financial aid helps make up the difference between the Cost of Attendance and what families can actually afford. Here we'll cover how many students get Indiana Wesleyan University f...
Let's start with the overall numbers. At Indiana Wesleyan University, we know that: This is 12% LOWER than the average for Private not-for-profit schools, which is 92%. This could be bad news - fewer students getting aid could mean students are paying more at Indiana Wesleyan University than they would at other similar schools. It could also mean s...
We’re focusing on grants and scholarships first because they’re the most important forms of financial aid. Grants and scholarships are better than loans because students don’t ever have to pay them back. The more grant/scholarship aid students receive at a particular school, the better off those students are in the long run. At Indiana Wesleyan Uni...
The grant dollar amounts we’ve seen so far have included aid from all sources - both federal and institutional. Schools don’t have much control over how much federal aid students can qualify for (like Pell Grants), but they do their own financial aid dollars and how they’re used. To figure out how strong Indiana Wesleyan University’s own financial ...
Aside from grants, the other major way to pay for college is with student loans. Student loans aren’t free sums of money - you borrow a certain amount to attend Indiana Wesleyan University, and then pay it back with smaller monthly payments after you graduate. The more student loan money you borrow, the more debt you’ll end up with after graduation...
First, let’s talk about how many students at Indiana Wesleyan University actually have to take out any student loans at all. The ideal goal is to graduate with little to no debt. It’s very common for college grads in the US to graduate with some debt, but high percentages of students taking on loans at a particular school is a big red flag. In cont...
Now that you have a handle on the basic loan information for Indiana Wesleyan University, we’ll get into some more nitty-gritty information on the types and amounts of loans that students typically have. We’ll start with federal loans because, in general, federal loans are preferable to private loans. Federal loans tend to have low interest rates, ...
Other loans, or private loans, are the last resource students turn to when paying for college. They’re the least preferable form of financial aid because they have higher interest rates and cost students the most money in the long run. Generally, the fewer students who take private loans, and the lower the amount of the loan, the more affordable In...
Finally, we get to the bottom line: what will Indiana Wesleyan University actually cost YOU? Every family has a different situation, and depending on your income level, you'll have to pay more or less to go to college.
Hours of Operation: 8:00am – 5:00pm, weekdays. Closed for lunch daily, 12-1pm. Office Call Center: 765-677-2411. Email: CAS-studentaccounts@indwes.edu. Student Account Services Portal Page Link: Student Account Services.
For reference, student borrowers who graduated in 2022 accumulated more than $37,000 in undergraduate debt, on average. The institutions on our list whose students have significantly lower average debt are typically more generous with need-based and merit-based aid packages. The following table indicates the median undergraduate debt of an ...
People also ask
How much debt does Indiana Wesleyan University have?
Does Indiana Wesleyan University have financial aid?
What is the average loan amount at Indiana Wesleyan University?
How do I contact Indiana Wesleyan University for financial aid?
How much money does Indiana Wesleyan University give first-year students?
How does Indiana Wesleyan University stack up?
All IWU aid opportunities are generally reflective of policies for students entering the current academic year. For questions, or detailed academic year policies please contact the appropriate Financial Aid Office: Campus Students: 765-677-2116, or finaid@indwes.edu. Online & Seminary Students: 765-677-2516, or IWUfinaid@indwes.edu.
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related to: how much money does indiana wesleyan university owe a student debtIndiana Wesleyan University offers online program options to fit your schedule. Find the degree that's right for you with Indiana Wesleyan. Apply today.
