I
Private 4 Year

Iowa Wesleyan College Tuition & Cost

Mount Pleasant, Iowa

 0 Reviews

How much does it cost to attend?

Sticker Price
$40,790
Costs for Iowa Wesleyan College
Fee Cost
Tuition$24,180
Books and Supplies$1,000
Other Fees$1,100
Room and Board $11,010
Other Expenses Budget$3,500

Annual Prices

The annual list price to attend Iowa Wesleyan College on a full time basis for 2020/2021 is $40,790 for all students regardless of their residency. This fee is comprised of $24,180 for tuition, $11,010 room and board, $1,000 for books and supplies and $1,100 for other fees. Out of state tuition for Iowa Wesleyan College is $24,180, the same as Iowa residents.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend Iowa Wesleyan College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
$31,813
Net Price by Income Iowa Wesleyan College
Family Income Net Price Paid
$0 to $30,000$30,695
$30,001 to $48,000$31,453
$48,001 to $75,000$33,417
$75,001 to $110,000$33,367
$110,000+$33,915

The average reported annual net price for Iowa Wesleyan College for students receiving grants or scholarship aid was $31,813 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

92% of full-time undergrad Iowa Wesleyan College received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $14,181 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 82% of students received Federal Student Loans averaging $3,081 and 9% of undergrads took out private student loans averaging $6,169.

Finanical Aid Iowa Wesleyan College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $14,181 92%
Institutional Grants and Scholarships $11,387 92%
Pell Grants $2,682 66%
Other Federal Grants $250 39%
State and Local Grants $2,849 25%
Federal Student Loans $3,081 82%
Other Student Loans $6,169 9%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Iowa Wesleyan College, we've modeled a ten year student loan with an original principal value of $81,216. The loan balance of $81,216 is a four year multiple of the $20,304 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $775 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $81,216
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $774.89
Total Interest Paid $11,770.83
Sum of All Loan Payments $92,986.83

Projected 4 Year Degree Price

4 Year Sticker Price
$163,160
Year All Residents
1 $40,790
2 $43,645
3 $46,700
4 $49,970

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Iowa Wesleyan College to be $163,160 - assuming graduation in normal time. The estimation assumes a 7% annual increase over the next 4 years which is the national trend.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Iowa Wesleyan College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $678 $2,034 $2,712

Estimated cost for a class at Iowa Wesleyan College based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Iowa Wesleyan College versus other colleges.

Tuition Payment Plans Available

Iowa Wesleyan College Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=153621 IPEDS survey data for Iowa Wesleyan College.