Financial Aid at IWU

[Last update: December 11, 2025]

1,570 students (100% of total 1,576 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Illinois Wesleyan University (IWU). The average amount of the aid awarded is $38,601.

For the first-time, full-time beginning students (freshmen), 100% of total 441 enrolled students have received any kind of financial aid and its average amount of aid received is $42,181.

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All Undergraduate Financial Aid

At Illinois Wesleyan University, 1,570 undergraduate students (100% of total 1,576 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $38,601.

Financial Aid Statistics (All Undergraduate Students) - IWU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship1,570100% $60,603,594$38,601
Pell Grants41526% $2,314,770$5,578
Federal Student Loan99863% $6,614,531$6,628

Beginning Undergraduate Students (Freshmen) Financial Aid

441 beginning undergraduate students (100% of total 441 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Illinois Wesleyan University. The average amount of aid received is $42,181.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - IWU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid441100% --
Grants or Scholarships441100%$18,602,022$42,181
Federal Grants14934%$1,004,246$6,740
Pell Grants14733%$837,436$5,697
Other Federal Grants14934%$166,810$1,120
State/Local Grants14132%$1,120,130$7,944
Institutional Grants441100%$16,477,646$37,364
Student Loan Aid32073%$2,776,104$8,675
Federal Student Loans29266%$1,577,769$5,403
Other Student Loans20146%$1,198,335$5,962

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