Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,927, which is 80.67 % of all undergraduate students. 1,162 students which is 48.44% of undergraduate students received federal student loans and the average loan amount is $6,503.

For full-time, first-time beginning students (freshmen), 84.22% of students received grants or scholarships and 53% 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 Wheaton College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,927, which is 80.67 % of all undergraduate students. 1,162 students which is 48.44% of undergraduate students received federal student loans and the average loan amount is $6,503.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,815 (74%)$14,506492 (20%)$4,0771,204 (49%)$6,674
2014-151,736 (71%)$17,190484 (20%)$4,2591,161 (48%)$6,541
2015-161,850 (75%)$17,644478 (19%)$4,2161,230 (50%)$6,532
2016-171,962 (80%)$16,999478 (19%)$4,1751,286 (52%)$6,619
2017-181,844 (77%)$16,885488 (20%)$4,2691,189 (50%)$6,959
2018-191,891 (79%)$18,259505 (21%)$4,5011,177 (49%)$6,220
2019-202,015 (84%)$19,262488 (20%)$4,5781,180 (49%)$6,310
2020-211,971 (87%)$19,778494 (22%)$4,813978 (43%)$6,391
2021-222,257 (99%)$20,220476 (21%)$4,7511,054 (46%)$6,284
Average1,927 (80.67%)$17,860487 (20.22%)$4,4041,162 (48.44%)$6,503
*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, 487 (84.22 % of students) received grants or scholarships and its average amount is $19,782. It can cover 45.03% of tuition & fees ($43,930).

In addition, 310 (53.33 % of students) students get helped from the students loans (average amount : $6,922).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14413 (69%)$17,111288 (48%)$7,002
2014-15485 (80%)$15,912320 (53%)$7,045
2015-16486 (80%)$17,344319 (53%)$7,108
2016-17496 (84%)$16,173337 (57%)$7,663
2017-18473 (82%)$19,443319 (55%)$7,616
2018-19531 (87%)$20,409320 (52%)$6,312
2019-20522 (85%)$23,903336 (55%)$6,549
2020-21436 (91%)$23,469252 (52%)$6,575
2021-22545 (100%)$24,272302 (55%)$6,429
Average487 (84.22%)$19,782310 (53.33%)$6,922
*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, 120 (20.56 % of students) received Pell (federal) grants and its average amount is $4,490.

In addition, 35 students received State/local government grants/scholarships (6.00 % 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
2013-14116 (19%)$4,042113 (19%)$96038 (6%)$3,924410 (69%)$15,464
2014-15124 (20%)$4,346123 (20%)$99638 (6%)$3,938483 (80%)$14,298
2015-16123 (20%)$4,368122 (20%)$1,06634 (6%)$4,206486 (80%)$15,676
2016-17100 (17%)$4,291100 (17%)$1,08026 (4%)$4,616496 (84%)$14,849
2017-18130 (22%)$4,359129 (22%)$1,00033 (6%)$4,720473 (82%)$17,643
2018-19146 (24%)$4,614145 (24%)$1,00038 (6%)$4,599531 (87%)$18,538
2019-20135 (22%)$4,710394 (64%)$68642 (7%)$5,336522 (85%)$21,738
2020-21104 (22%)$4,950393 (82%)$1,00927 (6%)$5,253436 (91%)$21,054
2021-22105 (19%)$4,728544 (100%)$1,21139 (7%)$5,160515 (94%)$23,052
Average120 (20.56%)$4,490229 (40.89%)$1,00135 (6.00%)$4,639484 (83.56%)$18,035
*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, 310 (53.33 % of students) get any students loan help and its average loan amount is $310.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14288 (48%)$7,002285 (48%)$6,12619 (3%)$14,239
2014-15320 (53%)$7,045320 (53%)$6,15620 (3%)$14,222
2015-16319 (53%)$7,108318 (53%)$6,14525 (4%)$12,543
2016-17337 (57%)$7,663332 (56%)$6,03627 (5%)$21,419
2017-18319 (55%)$7,616319 (55%)$6,35830 (5%)$13,377
2018-19320 (52%)$6,312318 (52%)$5,11632 (5%)$12,274
2019-20336 (55%)$6,549336 (55%)$5,22226 (4%)$17,148
2020-21252 (52%)$6,575252 (52%)$5,16923 (5%)$15,404
2021-22302 (55%)$6,429302 (55%)$5,23623 (4%)$15,673
Average310 (53.33%)$6,922309 (53.22%)$5,72925 (4.22%)$15,144