Federal & State Grants

General Eligibility Requirements

To receive financial aid from federal and state programs the student must:

  1. Be a U.S. citizen or eligible non-citizen.
  2. Be registered with Selective Service if male, at least 18 years of age and born after December 31, 1959, and not currently a member of the active armed forces. (Register online at www.sss.gov).
  3. Demonstrate financial need if applying for need-based aid.
  4. Be working toward a degree or certificate at Iowa Wesleyan College.
  5. Make satisfactory academic progress as defined by IW’s Satisfactory Academic Progress Policy
  6. Not be in default on any loan or owe a refund on any grant made under Title IV of the Higher Education Act of 1965, as amended, at any institution.

FEDERAL GRANTS

Federal PELL Grant – The Pell Grant is for students from low and middle income families who show financial need as determined by the FAFSA. Amounts are determined by the U.S. Department of Education. 2015-16 Federal PELL Grants range from $626 to $5,775.

Federal Supplemental Educational Opportunity Grant (SEOG) – available to undergraduates receiving PELL and demonstrating exceptional financial need.

IOWA GRANTS

Iowa Tuition Grants are available for Iowa residents who file the FAFSA form on or before July 1. The maximum individual grant award is $5,000* for the 2015-16 academic year with EFC of $13,500 or less.

Iowa Grants are awarded up to $1,000 per academic year to students from Iowa who show high need for financial assistance.

* In the event that available state funds will be insufficient to pay the full amount of each approved grant due to the state’s fiscal condition, the Iowa College Student Aid Commission will administratively reduce the maximum awards to an amount less than the statutory maximum.

Iowa Wesleyan Grants & Scholarships

Merit-Based Scholarships

Iowa Wesleyan offers a range of merit scholarships to all full-time students. Scholarships range from $6,000 to $20,000. To qualify for scholarship assistance, students must first be admitted to the university.

Merit scholarships do not require a separate application. Prospective incoming students will automatically be reviewed for these awards during the acceptance process.

Scholarship Eligibility

Freshmen candidates are awarded based on final GPA, SAT, or ACT scores. Transfer candidates are awarded based on their cumulative GPA from all prior institutions. All awards are renewable for 4 years.

In addition to merit scholarships, Iowa Wesleyan offers other need-based grants and scholarships that students are considered for after their admittance and the receipt of the FAFSA.

A+ Scholarship

If you graduated from a Missouri A+ designated high school, you’re in luck!

Iowa Wesleyan offers an A+ Scholarship worth $1,500 per academic year.

Proof of participation from your high school Guidance Department is required. If you have any questions, please call Mariah at (319) 385-6237 or email mariah.wolfe@iw.edu

Sibling Grants

Students that have a sibling concurrently enrolled at Iowa Wesleyan will receive a $500 grant for each year of simultaneous enrollment on the Mount Pleasant campus.

Legacy Awards

Legacy awards are available to the child or grandchild of an Iowa Wesleyan alums.  Self-certification is required to receive $1,000 per year.

Fine Art & Music Scholarships

The Fine Art and Music Scholarships recognize and reward students who demonstrate talent and wish to participate in art and music at the collegiate level. Students who receive an academic scholarship may not always qualify for these scholarships.

Minimum Qualifications: Applicants must agree to participate in at least one performance group or enroll in at least six hours of fine arts discipline in the first two college semesters.

Award Amount: Up to $2,000 per year.

J & D Schramm Art Scholarship

Present a portfolio of your artwork.

Award Amount: Up to $4,000 per year

Goodell/Music Performance Award

The Goodell Music Scholarship is designated for students majoring in music. Please learn a selection that would best show the capabilities of your voice or instrument. The work need not necessarily be classical and not necessarily be memorized. The music faculty encourages versatility as well as skillful, musical performance.

Award Amount: Up to 6,000 per year.

Music Performance Award

The Music Performance Award is designated for talented non-music majors. Please learn a selection that would best show the capabilities of your voice or instrument. The work need not necessarily be classical and not necessarily be memorized. The music faculty encourages versatility as well as skillful, musical performance.

Award Amount: Up to $2,000 per year

Phi Theta Kappa Transfer Scholarship

The Iowa Wesleyan Phi Theta Kappa Transfer Scholarship is available to active members of Phi Theta Kappa. Please contact the Office of Financial Aid for more information. The Iowa Wesleyan Phi Theta Kappa scholarship awards $2,000 annually to eligible students and can be combined with the academic merit scholarship.

Segal AmeriCorps Education Award

Iowa Wesleyan University will provide a 25% match of the AmeriCorps education award each year for four years. The match will only apply to full-time degree-seeking undergraduate students who are receiving the AmeriCorps award.

International Students

Iowa Wesleyan University awards scholarships to international students based on their academic merit. Calculate your scholarship by visiting the online scholarship calculator. Students applying for financial assistance from Iowa Wesleyan University must submit the Certificate of Finance form. This form will enable the University to determine the amount of financial aid it can award.

Iowa Wesleyan Discounts

Iowa Resident Discount

Enroll in classes and receive a 20% tuition reduction and a full housing scholarship (double occupancy room). This scholarship is available to first-year, full-time students living on campus and will be awarded for eight consecutive semesters as long as the student is making satisfactory academic progress.

Transfer Discount

Enroll in classes and receive a 20% tuition reduction. This scholarship is available to full-time, transfer students who have completed at least 12 credit hours at a community college. This scholarship will be renewable based on transfer credits as long as the student is making satisfactory academic progress.