Over the past 10 years (2013-2022), 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.

For full-time, first-time beginning students (freshmen), 93.78% of students received grants or scholarships and 63% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows 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.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-145,948 (55%)$8,7814,108 (38%)$3,5277,557 (70%)$7,957
2014-155,923 (57%)$9,0914,161 (40%)$3,6577,219 (69%)$8,027
2015-162,299 (78%)$17,155783 (27%)$4,1321,596 (54%)$7,186
2016-172,290 (82%)$16,876806 (29%)$4,2241,651 (59%)$6,788
2017-182,335 (83%)$18,048869 (31%)$4,4241,606 (57%)$6,629
2018-192,592 (91%)$17,536793 (28%)$4,4581,630 (57%)$6,662
2019-202,548 (92%)$17,520767 (28%)$4,4631,616 (59%)$6,629
2020-212,440 (91%)$18,413679 (25%)$4,6071,502 (56%)$6,693
2021-222,256 (92%)$20,043639 (26%)$4,5051,327 (54%)$6,290
Average3,181 (80.11%)$15,9401,512 (30.22%)$4,2222,856 (59.44%)$6,985
*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.

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

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
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,123 (83%)$10,747920 (68%)$7,022
2014-151,204 (83%)$9,9481,015 (70%)$6,947
2015-16605 (89%)$16,539384 (56%)$7,248
2016-17635 (93%)$16,833421 (62%)$6,927
2017-18749 (96%)$17,281494 (63%)$7,628
2018-19717 (100%)$16,864470 (65%)$7,697
2019-20670 (100%)$17,525433 (65%)$8,440
2020-21567 (100%)$18,320353 (62%)$8,307
2021-22564 (100%)$20,194319 (56%)$7,623
Average759 (93.78%)$16,028534 (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.

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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14605 (45%)$3,776153 (11%)$1,281241 (18%)$4,012677 (50%)$12,735
2014-15750 (51%)$3,740186 (13%)$1,085264 (18%)$4,665626 (43%)$12,363
2015-16193 (28%)$4,14019 (3%)$1,538112 (16%)$6,322604 (88%)$14,023
2016-17211 (31%)$4,41823 (3%)$1,217151 (22%)$6,369634 (93%)$13,828
2017-18258 (33%)$4,33326 (3%)$1,203200 (26%)$7,445749 (96%)$13,759
2018-19221 (31%)$4,58768 (9%)$2,879184 (26%)$6,771717 (100%)$13,439
2019-20226 (34%)$4,477109 (16%)$2,891171 (26%)$7,282670 (100%)$13,686
2020-21147 (26%)$4,775314 (55%)$947146 (26%)$7,168567 (100%)$14,712
2021-22166 (29%)$4,447329 (58%)$2,531124 (22%)$6,358564 (100%)$16,010
Average309 (34.22%)$4,299136 (19.00%)$1,730177 (22.22%)$6,266645 (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.

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.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14920 (68%)$7,022915 (67%)$6,20396 (7%)$8,164
2014-151,015 (70%)$6,9471,006 (69%)$6,243114 (8%)$6,768
2015-16384 (56%)$7,248376 (55%)$5,71270 (10%)$9,079
2016-17421 (62%)$6,927411 (60%)$5,77176 (11%)$7,162
2017-18494 (63%)$7,628487 (62%)$5,644109 (14%)$9,354
2018-19470 (65%)$7,697457 (64%)$5,508105 (15%)$10,481
2019-20433 (65%)$8,440430 (64%)$5,458110 (16%)$11,885
2020-21353 (62%)$8,307353 (62%)$5,56077 (14%)$12,593
2021-22319 (56%)$7,623314 (56%)$5,17266 (12%)$12,238
Average534 (63.00%)$7,538528 (62.11%)$5,69791 (11.89%)$9,747

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