Indiana Wesleyan University

In 2021, tuition for full-time students at IWU was $29,684 a year.

Tuition increased 2.5% in 2023–from $28,960 the prior year. On average, college tuition goes up about 3% every year.

Remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students owe far less than the sticker price after grants, scholarships, and tuition discounts are applied. And, student loans can make the amount you do have to pay for college feel more doable until you've finishing school and found a job.

Indiana Wesleyan University meets 92% of the demonstrated financial need for undergraduates. First-year students that attend Indiana Wesleyan University full-time are awarded $30,090 a year in financial aid, on average.

Graduates in the class of 2023 had an average of $30,355 in student loans per borrower.

In-state vs. Out-of-state Tuition at Indiana Wesleyan University

Indiana Wesleyan University is a private, religious institution, so it has the same tuition for students from Indiana as it does for students who live in other states.

Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Take the time to confirm your state's guidelines for how to qualify for in-state residency. Every state has its own rules about what makes someone eligible for in-state tuition. The most common requirement is that students must have lived in the state for a full year before starting school. There may be additional requirements too, depending on where you live.

Explore other Indiana colleges

Indiana Wesleyan University International Student Tuition

Indiana Wesleyan University has the same tuition for international students as for those from out of state.

International students are not eligible for federal financial aid, but may qualify for private or Indiana Wesleyan University-specific aid and scholarships. International students with need may qualify for the following types of financial support at Indiana Wesleyan University:

•Indiana Wesleyan University-specific loans •Indiana Wesleyan University-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.

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Indiana Wesleyan University Housing Expenses, Fees, and More

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In addition to tuition, room and board, books, transportation and fees are also costs it consider when planning for college. Let's take a look at what impacts these costs, and what to expect at Indiana Wesleyan University.

Room and Board Costs at Indiana Wesleyan University

Housing and campus dining at Indiana Wesleyan University is $10,050 a year. This number covers the cost of living in dorms or other on-campus housing, and a dining plan that enables you to eat in the school dining halls.

Board costs can depend on how many meals are included in the plan you choose.

Cost of Books at Indiana Wesleyan University

The cost of books often surprises first-year college students. The actual cost of books and supplies depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy used textbooks and materials.

Yearly Fees

Most schools also have fees to help cover the cost of facilties, like the library, gym and computer labs.

There may be optional fees associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Most colleges have ways so that those with financial need to get help covering these costs.

Planes, Trains, and Automobiles: Transportation costs at Indiana Wesleyan University

The total cost of getting around in college can really vary. Will you take a subway, car or an airplane to get to school? Will you need to pay to park on-campus? Is the campus small enough that you can easily walk from class-to-class?? Do you own a car, or will you need to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your estimated cost of transportation. Keeping in mind, first-year students are allowed to park a car on campus.

A school's location can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in an urban area can be pricey, but there may be more trains, busses or low-cost flight options to actually get to school. Indiana Wesleyan Universityis located in a town in Indiana, not far from Indianapolis.

Other Costs

When estimating your budget for college, don’t forget to consider personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.

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Financial Breakdown for Indiana Wesleyan University

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Now, let’s do a rundown of all of the costs associated with college, to get a better idea of how much students can expect to shell out for Indiana Wesleyan University.

Total Cost of Indiana Wesleyan University

What will the cost of attending Indiana Wesleyan University be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$29,684
Room and Board	$10,050
Other expenses	$3,468

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$43,202
Off-Campus	$29,684

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

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Indiana Wesleyan University Financial Aid

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The majority of Indiana Wesleyan University undergrads use financial aid to finance their education. In 2023, 2,051 of the 2,799 undergrads enrolled received financial aid. Indiana Wesleyan University meets 92% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $30,090 a year. Around 73% of Indiana Wesleyan University undergrads take out student loans to cover any remaining costs. Indiana Wesleyan University graduates who have student loans graduate with an average of $30,355 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$23,608
Indiana Wesleyan University-Specific Loans	$5,438
Private Loans	$27,623

Most Common Loans for Indiana Wesleyan University Students
Federal Loans	71%
Institutional Loans	9%
Private loans	17%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Indiana Wesleyan University financial aid, keep reading, or visit their financial aid website.

Scholarships at Indiana Wesleyan University

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Indiana Wesleyan University awarded 1,653 need-based scholarships to students, giving away total of $29 million to help students with financial need cover the cost of school. An additional $14 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Indiana Wesleyan University

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Indiana Wesleyan University students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Indiana Wesleyan University was $30,090 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Indiana Wesleyan University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$13,112
Off-Campus	$-406

Note: a negative number can indicate that a refund will be given to use toward other expenses such as housing, fees, and books. In such cases, be sure to reach out to the school directly for any clarification or questions.

What will attending Indiana Wesleyan University really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Indiana Wesleyan University's net cost calculator on their website.

Indiana Wesleyan University Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Does Indiana Wesleyan University Offer Tuition Waivers?

Schools sometimes waiver tuition for certain groups, to make attending more affordable. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.

Check the financial aid website for more information on payment plans and tuition waivers.

Indiana Wesleyan University's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

For more information about Indiana Wesleyan University's endowment, check with the school directly.

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Learn More About Indiana Wesleyan University

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