How IWU's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Indiana Wesleyan University-Marion since 2013.

For that period, the average number of students who received grants aid/scholarships is 3,181, which is 80.11 % of all undergraduate students. 2,856 students which is 59.44% of undergraduate students received federal student loans and the average loan amount is $6,985.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	5,948 (55%)	$8,781	4,108 (38%)	$3,527	7,557 (70%)	$7,957
2014-15	5,923 (57%)	$9,091	4,161 (40%)	$3,657	7,219 (69%)	$8,027
2015-16	2,299 (78%)	$17,155	783 (27%)	$4,132	1,596 (54%)	$7,186
2016-17	2,290 (82%)	$16,876	806 (29%)	$4,224	1,651 (59%)	$6,788
2017-18	2,335 (83%)	$18,048	869 (31%)	$4,424	1,606 (57%)	$6,629
2018-19	2,592 (91%)	$17,536	793 (28%)	$4,458	1,630 (57%)	$6,662
2019-20	2,548 (92%)	$17,520	767 (28%)	$4,463	1,616 (59%)	$6,629
2020-21	2,440 (91%)	$18,413	679 (25%)	$4,607	1,502 (56%)	$6,693
2021-22	2,256 (92%)	$20,043	639 (26%)	$4,505	1,327 (54%)	$6,290
Average	3,181 (80.11%)	$15,940	1,512 (30.22%)	$4,222	2,856 (59.44%)	$6,985

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

Overview

For the last 10 years, on average, 759 (93.78 % of students) received grants or scholarships and its average amount is $16,028. It can cover 51.42% of tuition & fees ($31,168).

In addition, 534 (63.00 % of students) students get helped from the students loans (average amount : $7,538).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,123 (83%)	$10,747	920 (68%)	$7,022
2014-15	1,204 (83%)	$9,948	1,015 (70%)	$6,947
2015-16	605 (89%)	$16,539	384 (56%)	$7,248
2016-17	635 (93%)	$16,833	421 (62%)	$6,927
2017-18	749 (96%)	$17,281	494 (63%)	$7,628
2018-19	717 (100%)	$16,864	470 (65%)	$7,697
2019-20	670 (100%)	$17,525	433 (65%)	$8,440
2020-21	567 (100%)	$18,320	353 (62%)	$8,307
2021-22	564 (100%)	$20,194	319 (56%)	$7,623
Average	759 (93.78%)	$16,028	534 (63.00%)	$7,538

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 309 (34.22 % of students) received Pell (federal) grants and its average amount is $4,299.

In addition, 177 students received State/local government grants/scholarships (22.22 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	605 (45%)	$3,776	153 (11%)	$1,281	241 (18%)	$4,012	677 (50%)	$12,735
2014-15	750 (51%)	$3,740	186 (13%)	$1,085	264 (18%)	$4,665	626 (43%)	$12,363
2015-16	193 (28%)	$4,140	19 (3%)	$1,538	112 (16%)	$6,322	604 (88%)	$14,023
2016-17	211 (31%)	$4,418	23 (3%)	$1,217	151 (22%)	$6,369	634 (93%)	$13,828
2017-18	258 (33%)	$4,333	26 (3%)	$1,203	200 (26%)	$7,445	749 (96%)	$13,759
2018-19	221 (31%)	$4,587	68 (9%)	$2,879	184 (26%)	$6,771	717 (100%)	$13,439
2019-20	226 (34%)	$4,477	109 (16%)	$2,891	171 (26%)	$7,282	670 (100%)	$13,686
2020-21	147 (26%)	$4,775	314 (55%)	$947	146 (26%)	$7,168	567 (100%)	$14,712
2021-22	166 (29%)	$4,447	329 (58%)	$2,531	124 (22%)	$6,358	564 (100%)	$16,010
Average	309 (34.22%)	$4,299	136 (19.00%)	$1,730	177 (22.22%)	$6,266	645 (85.56%)	$13,839

^*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..

Student Loans

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, 534 (63.00 % of students) get any students loan help and its average loan amount is $534.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	920 (68%)	$7,022	915 (67%)	$6,203	96 (7%)	$8,164
2014-15	1,015 (70%)	$6,947	1,006 (69%)	$6,243	114 (8%)	$6,768
2015-16	384 (56%)	$7,248	376 (55%)	$5,712	70 (10%)	$9,079
2016-17	421 (62%)	$6,927	411 (60%)	$5,771	76 (11%)	$7,162
2017-18	494 (63%)	$7,628	487 (62%)	$5,644	109 (14%)	$9,354
2018-19	470 (65%)	$7,697	457 (64%)	$5,508	105 (15%)	$10,481
2019-20	433 (65%)	$8,440	430 (64%)	$5,458	110 (16%)	$11,885
2020-21	353 (62%)	$8,307	353 (62%)	$5,560	77 (14%)	$12,593
2021-22	319 (56%)	$7,623	314 (56%)	$5,172	66 (12%)	$12,238
Average	534 (63.00%)	$7,538	528 (62.11%)	$5,697	91 (11.89%)	$9,747

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Scholarships, Grants, and Loan Trends at IWU

All Undergraduate Students Financial Aid Over Time

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