Let's Talk about Value
Earning a college degree is one of the most important investments you will make in your life. According to research by the Federal Reserve Bank of New York, in recent years, the average college graduate with just a bachelor’s degree earned about $78,000 per year, compared to $45,000 for the average worker with only a high school diploma. In other words, a typical college graduate earns a premium of well over $30,000, or nearly 75 percent.*
On average:
- College graduates earn better pay
- Have steadier employment
- Receive better employee benefits
- Live longer and are healthier
- Are more likely to be leaders in their communities
At Indiana Wesleyan, we realize that selecting the right college is not just about finding the best price. We encourage students and families to look at overall fit when making a college choice. However, we do understand the importance of out-of-pocket cost and this is why our financial aid team works individually with each student as they explore investing in an exceptional Christian education from Indiana Wesleyan University. There are numerous resources available to help students with their college investment that will be explored as we navigate this journey together.
It's an Affordable Investment
The “sticker price” (cost prior to subtracting scholarships and grants) at Indiana Wesleyan is competitive when comparing to other like institutions.
Students come to Indiana Wesleyan from across the United States and beyond to form a dynamic community. Our students represent a variety of family economic backgrounds.
Average Financial Aid Package
The financial aid team at Indiana Wesleyan prides itself on exploring all potential financial aid resources for students. Sources of potential aid include scholarships, grants, outside aid, and loans.
Indiana Wesleyan average financial aid package = $21,249
The Value of an IWU Education
- 97% Career Outcomes Rate - 6% higher than the national average for private institutions and 17% higher than the national average for public institutions.
- 67% Graduation Rate - nearly 4% higher than the average graduation rate for the major 4-year degree granting public institutions in Indiana (63.25%).
- #1 Best College Dorms in Indiana (Niche.com)
- #5 Best Undergraduate Teaching Programs in Midwest (U.S. News & World Report, 2018)
- #6 Top Schools for Engagement in America (Wall Street Journal/Times Higher Education, 2018)
- #6 Best Bang for the Buck Colleges in Midwest (Washington Monthly)
- #8 Best College Dorms in America (Niche.com)
FAFSA
Completing the Free Application for Federal Student Aid (FAFSA) is one of the first steps to discovering the best aid options available to making a Christian Education at IWU affordable.
The FAFSA is available online at https://studentaid.gov/h/apply-for-aid/fafsa.
IWU Federal School Code = 001822
December 1 = priority FAFSA filing deadline to get your financial aid award early
April 15 = deadline to guarantee maximum financial aid
FAFSA Resources
The Federal Student Aid ID (FSA ID)
Note: The FSA ID is a secure electronic signature. The FSA ID is used to sign the FAFSA, and to also access other secure federal aid websites. Student FAFSA filers, as well as one parent of students who must report parental data on their FAFSA, need their own unique FSA ID.
Carefully follow the instructions when creating or editing your FSA ID. Each FSA ID must be unique; thus, a different email address must be used when each family member creates their own FSA ID.
TIP 1: Enter your Name (as it appears on your Social Security Card), Date of Birth and Social Security Number!
TIP 2: No one should ever create an FSA ID for another
Completing the FAFSA
When you are unsure of how to answer a question on the FAFSA, there are two sources of additional guidance so that you can answer correctly:
Within the 'Online FAFSA' - look to the 'Helps and Hints' in the upper right corner (this is available for every question of the FAFSA). The Federal Student Aid website serves as a great resource.
*Liberty Street Economics 2019
