In 2021, tuition for full-time students at Iowa Wesleyan University was $32,550 a year.
In 2023, tuition increased 34.62%–from $24,180 the previous year. Usually, college tuition goes up about 3% every year.
If this information makes going to college sound impossible, remember, the displayed price of tuition doesn't always give you enough information to determine the actual cost of attending any given college. Many students pay way less than the sticker price after grants, scholarships, and tuition discounts are awarded. Plus, student loans can make theprice of collegefeel more doable until after graduation.
Iowa Wesleyan University meets 74% of the demonstrated financial need for undergraduates. First-year students that attend Iowa Wesleyan University full-time are awarded $26,969 a year in financial aid, on average.
In 2020, students graduated with an average of $33,152 in student loans for each student with debt.
Iowa Wesleyan University is a private, religious institution, which means it has the same tuition for students from Iowa as it does for residents from other states.
Public colleges and universities receive funding from the state government. Public insitutions often offer reduced tuition for students who are residents of that state.
Choosing a college where you qualify for in-state residency can cut the cost of college tuition. Don't forget to verify your state's eligibility criteria for in-state residency. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be other criteria too, depending on where you live.
Tuition at Iowa Wesleyan University is the same for all students.
International students are not eligible for federal financial aid, but should research private or Iowa Wesleyan University-specific grants, scholarships, and other funding opportunities. International students with need may qualify for the following types of financial support at Iowa Wesleyan University:
•On-campus jobs •Loans from outsideIowa Wesleyan University •Iowa Wesleyan University-specific scholarships •International Students Tuition Waivers
International students without financial need may be eligible for merit-based institutional scholarships.
Tuition is not the only cost of attending college; there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Iowa Wesleyan University.
Housing and campus dining at Iowa Wesleyan University is $11,340 a year. This includes the cost of living in dorms or other on-campus housing, and a meal plan that allows you to eat all or some of your meals the Iowa Wesleyan University's on-campus cafeterias and dining facilities.
Board costs vary based on on how many meals are included in the plan you choose.
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books and supplies depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
The majority of colleges charge some yearly fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.
Keep in mind, there could also be other costs associated with participating in special activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges offer resources for students with demonstrated need to get help covering these costs.
The cost of getting around in college depends on a few key factors. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus walkable? Do you plan to bring a car or are you planning to use public transportation? All of these questions 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.
The location of a college or university can also have a big effect on the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in an urban area is sometimes pricey, but there may be more trains, busses or low-cost flight options to actually get to school. The Iowa Wesleyan University campus is in a town in Iowa.
When creating a budget for college, be sure to factor in the cost of things like entertainment, clothes, furnishings and toiletries.
Now, let’s look at the breakdown of all expenses, to get a better idea of the actual cost of attending Iowa Wesleyan University.
What will the cost of attending Iowa Wesleyan University be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
---|---|
Tuition | $32,550 |
Room and Board | $11,340 |
Other expenses | $2,300 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Total Estimated Costs | |
---|---|
On-Campus | $47,290 |
Off-Campus | $35,730 |
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.
The majority of Iowa Wesleyan University undergrads use financial aid to to cover the cost of tuition. In 2023, 477 of the 651 undergrads enrolled received financial aid. Iowa Wesleyan University meets 74% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $26,969 a year. Around 75% of Iowa Wesleyan University undergrads take out student loans to cover any remaining costs. Iowa Wesleyan University graduates who have student loans graduate with an average of $33,152 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $30,051 |
Private Loans | $6,684 |
Most Common Loans for Iowa Wesleyan University Students | |
---|---|
Federal Loans | 75% |
Private loans | 22% |
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 Iowa Wesleyan University financial aid, keep reading, or visit their financial aid website.
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, Iowa Wesleyan University awarded 313 need-based scholarships to students, giving away total of $10.6 million to help students with financial need cover the cost of school.
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 Iowa 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 Iowa Wesleyan University was $26,969 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Iowa Wesleyan University seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
On-Campus | $20,321 |
Off-Campus | $8,761 |
What will attending Iowa 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 understand the actual cost of attending that school, based on their financial situation. You can find the Iowa Wesleyan University's net cost calculator on their website.
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.
Schools sometimes waiver tuition for certain groups, to offset the cost of attending. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.
Iowa Wesleyan University has some full or partial tuition waivers available for: - International Students
Check the financial aid website for more information on payment plans and tuition waivers.
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.
As of 2021, the total market value of Iowa Wesleyan University's endowment was $9.7 million. The average college endowment was $905 million in 2021. For each full-time student, Iowa Wesleyan University spends about $13,544 a year.
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Tuition & Fees
$44,990
In State$44,990
Out-of-StateStudents Who Receive Need-Based Aid
Average Financial Aid Package
Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
Total Enrollment
Campus Setting
Acceptance Rate
Fall Freshmen
Application Deadline
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