Scholarships, Grants, and Loan Trends at IWU

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,737, which is 99.22 % of all undergraduate students. 1,110 students which is 63.44% of undergraduate students received federal student loans and the average loan amount is $7,018.
For full-time, first-time beginning students (freshmen), 100.00% of students received grants or scholarships and 67% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Illinois Wesleyan University since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,737, which is 99.22 % of all undergraduate students. 1,110 students which is 63.44% of undergraduate students received federal student loans and the average loan amount is $7,018.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,951 (97%)$20,236384 (19%)$4,2321,238 (62%)$7,080
2014-151,865 (99%)$21,129367 (19%)$4,2031,166 (62%)$7,217
2015-161,811 (98%)$22,378352 (19%)$4,4011,130 (61%)$7,268
2016-171,755 (99%)$23,681346 (20%)$4,3201,072 (61%)$7,204
2017-181,646 (100%)$25,438366 (22%)$4,4651,039 (63%)$7,199
2018-191,693 (100%)$28,264405 (24%)$4,6431,104 (65%)$6,687
2019-201,628 (100%)$30,052379 (23%)$4,6271,092 (67%)$6,823
2020-211,636 (100%)$32,667388 (24%)$4,9141,087 (66%)$6,922
2021-221,646 (100%)$34,689405 (25%)$4,9771,066 (64%)$6,761
Average1,737 (99.22%)$26,504377 (21.67%)$4,5311,110 (63.44%)$7,018

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 446 (100.00 % of students) received grants or scholarships and its average amount is $28,295. It can cover 50.79% of tuition & fees ($55,704).
In addition, 298 (67.22 % of students) students get helped from the students loans (average amount : $8,592).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14527 (100%)$22,356340 (65%)$8,205
2014-15455 (100%)$21,149276 (61%)$7,805
2015-16450 (100%)$23,390290 (64%)$8,137
2016-17425 (100%)$26,421275 (65%)$8,454
2017-18378 (100%)$27,418267 (71%)$7,567
2018-19494 (100%)$31,827349 (71%)$9,227
2019-20409 (100%)$30,667281 (69%)$10,108
2020-21441 (100%)$34,810307 (70%)$8,964
2021-22433 (100%)$36,614299 (69%)$8,859
Average446 (100.00%)$28,295298 (67.22%)$8,592
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 104 (23.44 % of students) received Pell (federal) grants and its average amount is $4,536.
In addition, 113 students received State/local government grants/scholarships (25.22 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14114 (22%)$4,096107 (20%)$484137 (26%)$4,634520 (99%)$20,438
2014-1586 (19%)$4,37284 (18%)$483110 (24%)$4,576446 (98%)$19,513
2015-1684 (19%)$4,28784 (19%)$54493 (21%)$4,608441 (98%)$21,976
2016-1792 (22%)$4,21989 (21%)$554110 (26%)$4,601421 (99%)$24,430
2017-1895 (25%)$4,71193 (25%)$509104 (28%)$4,699368 (97%)$25,490
2018-19150 (30%)$4,758149 (30%)$413143 (29%)$4,734488 (99%)$29,243
2019-2085 (21%)$4,455344 (84%)$59787 (21%)$5,254406 (99%)$28,329
2020-21113 (26%)$4,658113 (26%)$525120 (27%)$5,083437 (99%)$32,392
2021-22119 (27%)$5,264119 (27%)$573110 (25%)$5,508422 (97%)$34,487
Average104 (23.44%)$4,536131 (30.00%)$520113 (25.22%)$4,855439 (98.33%)$26,255
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 298 (67.22 % of students) get any students loan help and its average loan amount is $298.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14340 (65%)$8,205336 (64%)$6,027109 (21%)$7,017
2014-15276 (61%)$7,805276 (61%)$5,93078 (17%)$6,633
2015-16290 (64%)$8,137286 (64%)$5,746101 (22%)$7,092
2016-17275 (65%)$8,454272 (64%)$5,97289 (21%)$7,870
2017-18267 (71%)$7,567264 (70%)$5,609134 (35%)$4,028
2018-19349 (71%)$9,227345 (70%)$5,754197 (40%)$6,270
2019-20281 (69%)$10,108277 (68%)$5,649143 (35%)$8,920
2020-21307 (70%)$8,964300 (68%)$5,692154 (35%)$6,781
2021-22299 (69%)$8,859294 (68%)$5,453135 (31%)$7,745
Average298 (67.22%)$8,592294 (66.33%)$5,759127 (28.56%)$6,928
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