Over the past 9 years (2016-2023), the average number of students who received grants aid/scholarships is 3,374, which is 52.63 % of all undergraduate students. 3,742 students which is 57.63% of undergraduate students received federal student loans and the average loan amount is $8,495.
For full-time, first-time beginning students (freshmen), 72.50% of students received grants or scholarships and 71% of students received student loans.
The following table shows the trends of financial aid for all undergraduate students at Indiana Wesleyan University-National & Global since 2015.
For that period, the average number of students who received grants aid/scholarships is 3,374, which is 52.63 % of all undergraduate students. 3,742 students which is 57.63% of undergraduate students received federal student loans and the average loan amount is $8,495.
| Year | Grant or Scholarship* | Pell Grants | Federal Student Loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2015-16 | 3,424 (46%) | $5,612 | 3,206 (43%) | $3,799 | 4,401 (59%) | $9,223 |
| 2016-17 | 3,244 (47%) | $5,937 | 2,992 (43%) | $3,814 | 4,142 (59%) | $9,165 |
| 2017-18 | 3,178 (48%) | $6,321 | 2,928 (45%) | $4,107 | 3,891 (59%) | $8,961 |
| 2018-19 | 3,179 (52%) | $6,167 | 2,959 (48%) | $4,196 | 3,688 (60%) | $8,681 |
| 2019-20 | 3,477 (50%) | $5,555 | 3,142 (45%) | $4,031 | 3,901 (56%) | $8,571 |
| 2020-21 | 3,741 (58%) | $5,212 | 2,915 (45%) | $3,850 | 3,658 (56%) | $8,362 |
| 2021-22 | 3,720 (65%) | $6,161 | 2,718 (48%) | $3,741 | 3,242 (57%) | $7,647 |
| 2022-23 | 3,025 (55%) | $5,994 | 2,627 (48%) | $3,998 | 3,012 (55%) | $7,349 |
| Average | 3,374 (52.63%) | $5,870 | 2,936 (45.63%) | $3,942 | 3,742 (57.63%) | $8,495 |
For the last 9 years, on average, 500 (72.50 % of students) received grants or scholarships and its average amount is $5,741. It can cover 59.51% of tuition & fees ($9,648).
In addition, 489 (70.75 % of students) students get helped from the students loans (average amount : $6,585).
| Year | Grants or Scholarships* | Student Loans | ||
|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2015-16 | 460 (66%) | $5,356 | 471 (67%) | $7,340 |
| 2016-17 | 414 (63%) | $5,770 | 451 (69%) | $7,376 |
| 2017-18 | 444 (68%) | $6,213 | 456 (70%) | $7,087 |
| 2018-19 | 501 (75%) | $5,983 | 493 (74%) | $6,773 |
| 2019-20 | 596 (76%) | $5,203 | 593 (75%) | $6,340 |
| 2020-21 | 531 (76%) | $5,218 | 511 (73%) | $6,389 |
| 2021-22 | 498 (81%) | $6,179 | 412 (67%) | $5,610 |
| 2022-23 | 553 (75%) | $6,008 | 525 (71%) | $5,768 |
| Average | 500 (72.50%) | $5,741 | 489 (70.75%) | $6,585 |
The following table shows the trends of grants or scholarships over time. For the last 9 years, on average, 479 (69.38 % of students) received Pell (federal) grants and its average amount is $3,985.
In addition, 177 students received State/local government grants/scholarships (25.88 % of students).
| Year | Federal (Pell) Grants | Other Federal | State/Local government | Institutional | ||||
|---|---|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2015-16 | 453 (65%) | $3,976 | 245 (35%) | $301 | 136 (19%) | $4,291 | 2 (0%) | $2,617 |
| 2016-17 | 403 (61%) | $4,085 | 173 (26%) | $311 | 181 (28%) | $3,805 | - | - |
| 2017-18 | 438 (67%) | $4,267 | 167 (26%) | $307 | 193 (30%) | $4,345 | - | - |
| 2018-19 | 488 (73%) | $4,367 | 236 (35%) | $313 | 205 (31%) | $3,859 | 3 (0%) | $586 |
| 2019-20 | 580 (74%) | $3,857 | 261 (33%) | $270 | 176 (22%) | $4,491 | 10 (1%) | $345 |
| 2020-21 | 490 (70%) | $3,774 | 453 (65%) | $729 | 136 (19%) | $4,281 | 8 (1%) | $1,093 |
| 2021-22 | 441 (72%) | $3,590 | 451 (74%) | $1,677 | 157 (26%) | $4,335 | 70 (11%) | $814 |
| 2022-23 | 539 (73%) | $3,960 | 365 (49%) | $280 | 235 (32%) | $4,487 | 31 (4%) | $1,011 |
| Average | 479 (69.38%) | $3,985 | 294 (42.88%) | $524 | 177 (25.88%) | $4,237 | 21 (4.25%) | $1,078 |
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 9 years, on average, 489 (70.75 % of students) get any students loan help and its average loan amount is $489.
| Year | Total | Federal student loans | Other student loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2015-16 | 471 (67%) | $7,340 | 471 (67%) | $7,299 | 2 (0%) | $9,750 |
| 2016-17 | 451 (69%) | $7,376 | 451 (69%) | $7,376 | - | - |
| 2017-18 | 456 (70%) | $7,087 | 456 (70%) | $7,063 | 3 (0%) | $3,674 |
| 2018-19 | 493 (74%) | $6,773 | 493 (74%) | $6,766 | 1 (0%) | $3,500 |
| 2019-20 | 593 (75%) | $6,340 | 593 (75%) | $6,321 | 2 (0%) | $5,763 |
| 2020-21 | 511 (73%) | $6,389 | 510 (73%) | $6,367 | 1 (0%) | $17,771 |
| 2021-22 | 412 (67%) | $5,610 | 411 (67%) | $5,608 | 1 (0%) | $6,465 |
| 2022-23 | 525 (71%) | $5,768 | 524 (71%) | $5,768 | 1 (0%) | $5,757 |
| Average | 489 (70.75%) | $6,585 | 489 (70.75%) | $6,571 | 2 (0.00%) | $7,526 |
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