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What is the average loan amount at Indiana Wesleyan University Marion?

For the academic year 2022-2023, total 319 full-time, first-time students (56% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 1,327 students (54% of all students) have received federal student loans and the average loan amount is $6,290 at Indiana Wesleyan University-Marion.

Below tables show the number and amount by source of financial aid at Indiana Wesleyan University-Marion.
All Undergraduate Student Financial Aid at Indiana Wesleyan University-Marion
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid2,25692%$20,043
Pell Grants63926%$4,505
Federal Student Loans1,32754%$6,290
Beginning Students (Freshmen) Financial Aid at Indiana Wesleyan University-Marion
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid564100%-
Grants or Scholarship from All Sources564100%$20,194
Federal Grants33159%$4,746
Pell Grants16629%$4,447
Other Federal Grants32958%$2,531
State/Local Grants12422%$6,358
Institutional Grants564100%$16,010
Student Loans31956%$7,623
Federal Student Loans31456%$5,172
Other Student Loans6612%$12,238

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