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 to honor his or her dedication to studies and to symbolize our institutional commitment to the future and success of every student. The Academic Award serves as the starting point for the overall financial aid offer from IWU. Each student is considered individually for additional aid opportunities based on established criteria for each scholarship and grant.
Academic Awards
Fall 2022/Spring 2023 Start Term
Academic Awards: Freshmen
| Annual Amount | Criteria | Scholarship Name |
|---|---|---|
| $16,000 | National Merit Finalist or Semi-Finalist with a high school GPA of 3.50 or above | National Merit Scholarship |
| $15,000 | Selected as an outstanding Hispanic/Latino student in the National Hispanic Recognition Program with a high school GPA of 3.50 or above | National Hispanic Recognition |
| $13,000 | 4.0 and above high school GPA | President's |
| $11,000 | 3.75 to 3.99 high school GPA | Dean's |
| $9,000 | 3.4 to 3.749 high school GPA | Faculty |
| $7,000 | 2.8 to 3.39 high school GPA | Achievement |
| $4,000 | 2.79 and below high school GPA | Recognition |
Academic Awards: Transfers, Readmits, Transitions
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. The GPA below is based on a student’s cumulative college GPA which considers all college coursework post-high school graduation. Students with less than 12 credits will have their scholarship calculated based upon their high school merits.
Readmit and transition students will have their academic award calculated based on the grid below as well.
| Annual Amount | Criteria | Scholarship Name |
|---|---|---|
| $11,000 | 3.700 - 4.000 | Premier Scholars |
| $9,000 | 3.250 - 3.699 | Distinguished Scholars |
| $7,000 | 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.
