Choosing to attend college at Indiana Wesleyan University – Marion, Ind. Campus is an investment in your future and impacts your career, values, and spiritual formation. Financial Aid helps students at IWU make informed choices about investing in their future.
Indiana Wesleyan University is dedicated to character, scholarship, and leadership. As part of this commitment to our students, the IWU – Marion, Ind. Campus invests $20 million annually in grants and scholarships. Additionally, each student receives an Academic Award based upon the merits of their high school work (GPA) to honor dedication to studies and to symbolize our institutional commitment to the future and success of every student.
To learn which of the Academic Award scholarships you qualify for, visit our Scholarship Calculator. The current Scholarship Calculator is calibrated for the fall of 2020 incoming class. Adjustments will be made in the near future as we move toward merit scholarships in a test-optional environment.
Academic Awards: First-Time Freshman
| Annual Amount | **4-Year Commitment | Scholarship Name |
|---|---|---|
| $14,000 | $56,000 | Heritage |
| $12,000 | $48,000 | President's |
| $10,000 | $40,000 | Dean's |
| $8,000 | $32,000 | Faculty |
| $6,000 | $24,000 | Achievement |
| $4,000 | $16,000 | Recognition |
*Students who receive Tuition Waivers or other full-tuition awards may not be eligible for some or all of the Academic Scholarships or Awards listed above.
** In order to receive the four-year commitment, first-year students must be enrolled full-time each year and maintain a minimum of a 3.2 cumulative GPA for the Heritage and President's Scholarships and a 3.0 cumulative GPA for the Dean's, and Faculty Scholarships. All students must meet Satisfactory Academic Progress requirements to maintain institutional aid.
Academic Awards: Transfers
Transfer Students at the IWU – Marion, Ind. campus are a valued part of our community and receive a similar investment and commitment in their future. Based upon their previous college work, students who are at least a semester removed from high school at the point of admission and who have completed at least 12 college credits will have their academic award calculated based upon the grid below. Students with less than 12 credits will have their scholarship calculated based upon their high school merits.
| Annual Amount | College GPA Range | Scholarship Name |
|---|---|---|
| $10,000 | 3.700 - 4.000 | Premier Scholars |
| $8,000 | 3.250 - 3.699 | Distinguished Scholars |
| $6,000 | 2.701 - 3.249 | Prominent Scholars |
| $4,000 | 2.700 and below | Acclaimed Scholars |
Scholarships and Grants are for IWU-Marion students meeting eligibility requirements.