[Last update: December 11, 2025]

1,921 students (92% of total 2,079 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Indiana Wesleyan University-Marion (IWU). The average amount of the aid awarded is $21,751.

For the first-time, full-time beginning students (freshmen), 100% of total 497 enrolled students have received any kind of financial aid and its average amount of aid received is $21,405.

All Undergraduate Financial Aid

At Indiana Wesleyan University-Marion, 1,921 undergraduate students (92% of total 2,079 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $21,751.

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 Scholarship1,92192% $41,783,178$21,751
Pell Grants56327% $2,857,350$5,075
Federal Student Loan1,48171% $9,100,588$6,145

Beginning Undergraduate Students (Freshmen) Financial Aid

497 beginning undergraduate students (100% of total 497 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Indiana Wesleyan University-Marion. The average amount of aid received is $21,405.

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 Aid497100% --
Grants or Scholarships497100%$10,638,248$21,405
Federal Grants16132%$987,529$6,134
Pell Grants16032%$786,469$4,915
Other Federal Grants7114%$201,060$2,832
State/Local Grants14229%$1,310,331$9,228
Institutional Grants497100%$8,340,388$16,781
Student Loan Aid40882%$2,990,443$7,330
Federal Student Loans40281%$2,030,869$5,052
Other Student Loans7515%$959,574$12,794

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