Number Received Financial Aid (All Undergraduate)
2,100
Percent Received Financial Aid(All Undergraduate)
94%
Average Aid Amount
$19,736
Number Received Financial Aid (Freshmen)
580
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at IWU
For the academic year 2023-2024, a total of 2,100 students (94% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $19,736. For freshmen (Full-time, first-time degree-seeking undergraduate students), 580 students (100% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Indiana Wesleyan University-Marion is $32,352, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 2,100 students (94% of all students) have received grants or scholarships and the average received aid amount is $19,736. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Indiana Wesleyan University-Marion for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 2,100 | 94% | $19,736 |
| Pell Grants | 570 | 25% | $4,776 |
| Federal Student Loans | 1,606 | 72% | $6,129 |
Beginning Students Financial Aid
a total of 580 beginning students (100% of all freshmen) have received any financial aid and 580 students (100% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Indiana Wesleyan University-Marion.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 580 | 100% | - |
| Grants or Scholarship from All Sources | 580 | 100% | $19,595 |
| Federal Grants | 180 | 31% | $6,397 |
| Pell Grants | 177 | 31% | $4,534 |
| Other Federal Grants | 137 | 24% | $2,548 |
| State/Local Grants | 144 | 25% | $7,048 |
| Institutional Grants | 580 | 100% | $15,860 |
| Student Loans | 467 | 81% | $7,015 |
| Federal Student Loans | 460 | 79% | $4,983 |
| Other Student Loans | 82 | 14% | $12,001 |
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