Scholarships
National Merit Finalist/Semifinalist Scholarship
National Merit Scholarship Qualifying Test finalists and semifinalists may receive a $15,000 award but are not eligible for other IWU academic scholarships. The student must be an entering freshman, submit a copy of the National Merit Certificate, have a 3.5 high school GPA, and enroll full-time each semester. National Merit Scholarships are renewable for up to eight consecutive semesters. To renew, students must be enrolled full-time (at least 12 credit hours fall and spring semesters) and must achieve a 3.2 minimum cumulative GPA. These credits must be completed by the end of May term each year. National Merit Scholarships are not available for enrollment in summer sessions, nor will credits earned or GPA achieved in summer sessions count toward eligibility requirements until the following fall or spring calculation. If lost, the scholarship may be reinstated following completion of the next fall or spring term, if eligibility requirements are met; however, recipient will have fewer semesters of eligibility remaining.
Academic Scholarship
Academic scholarships are available to new first-time freshmen based upon their excellence in their high school studies as shown by their standardized test scores and high school grade point average. These two measures of academic achievement combine to place students into eligibility for the following award levels.
Academic Awards 2013-2014
$12,000/yr.* |
President's Scholarship |
$10,000/yr.* |
Dean's Scholarship |
$8,000/yr.* |
Faculty Scholarship |
$5,000/yr.* |
Achievement Scholarship |
$2,500/yr.* |
Recognition Award |
$2,000/yr.* |
Opportunity Award |
*Must maintain scholarship-specific GPA requirement for renewal.
The National Excellence Scholarship is $15,000 and includes students who are National Merit Semi-Finalists or Finalists, National Achievement recipients or in the National Hispanic Recognition Program.
Sample Freshmen 2013-2014
The table below shows examples of test score and high school GPA levels that can qualify a student for the various awards. These are examples and not necessarily minimum score components for each tier.
President's Scholarship $12,000 |
4.0 GPA |
1410 SAT I**/32 ACT |
Dean's Scholarship $10,000 |
3.9 GPA |
1280 SAT I**/29 ACT |
Faculty Scholarship $8,000 |
3.7 GPA |
1180 SAT I**/27 ACT |
Achievement Scholarship $5,000 |
3.3 GPA |
1040 SAT I**/24 ACT |
**SAT I - Only the scores of the math and reading section are considered.
Transfer Academic Scholarship
A full-time transfer student who has attended at least one full-time semester (at least 12 credit hours) at an approved college or university may qualify with a minimum transfer GPA of at least 3.0 on a 4.0 scale. A GPA on transfer work from more than one college or university will be calculated using a weighted average. A student with less than 12 credit hours must meet the requirements for the freshman Academic Scholarship. It is the student’s responsibility to submit the necessary transcripts and test scores at the time of application for admission to Indiana Wesleyan University.
Transfer Academic Scholarships are renewable for students who enroll full-time (at least 12 credit hours fall and spring semesters) and achieve a 3.0 minimum cumulative GPA. These credits must be completed by the end of May term each year. Transfer Academic Scholarships are not available for enrollment in summer sessions, nor will credits earned or GPA achieved in summer sessions count toward eligibility requirements until the following fall or spring calculation. If lost, the scholarship may be reinstated following completion of the next fall or spring term, if eligibility requirements are met; however, recipient will have fewer semesters of eligibility remaining. Transfer Academic Scholarships are available for renewal for a total of six semesters.
Transfer Academic Scholarship
GPA/GED
|
AMOUNT
|
3.5 - 4.0
|
$8,000 Faculty Scholarship (3.0 Renewal)
|
3.0 - 3.49
|
$5,000 Achievement Scholarship (3.0 Renewal)
|
2.0 - 2.99
|
$2,000 Opportunity Award (Good Academic Standing)
|
Grant County Leadership Scholarship
Funds for these awards are made available through a trust given to Indiana Wesleyan University in memory of Henry M. and Anna Shugart. Awards are given annually to graduates of Grant County, Indiana, high schools who have attained at least a 3.50 cumulative GPA (on a 4.00 scale) and possess positive leadership and citizenship traits. The award amount is $2,000 per year for four years to entering freshmen, full-time students only. Students must apply through the high school guidance office by the announced filing deadline. The student must maintain a 3.50 cumulative GPA to renew the scholarship.
Athletic Service Grant
Several awards are granted each year to both men and women participating in intercollegiate athletics. Awards are made upon recommendation of coaches of the individual sports.
Music Scholarship
Scholarships are available by audition to qualified full-time students majoring in music. Contact the Division of Music for additional information.
Art Scholarship
Scholarships are available to qualified full-time students majoring in art. Contact the Division of Art for additional information.
Theatre Scholarship
Scholarships are available to qualified full-time students. Contact the Division of Communication and Theatre for additional information.
Church Matching Scholarship Program
Indiana Wesleyan University will match a local church’s contribution to its Matching Church Scholarship Fund up to a maximum of $900 per student. To qualify, the church must file an application with the Church Relations Office prior to the first day of classes each academic year.
Indiana Foundation for Home Schooling Scholarship
A $1000 award is available to a home schooled student participating in the IFHS graduation ceremony. Students must submit an application and have a minimum cumulative GPA of 3.0 with SAT score of 1000 or an ACT score of 21. Scholarship renewable by maintaining a 3.0 cumulative GPA.
Indiana Higher Education Award (HEA) - Indiana Residents Only
The Commission for Higher Education (CHE) administers this grant program based on financial need. Potential recipients must submit the FAFSA and have it received at the federal processor by March 10. Recipients must be full-time students. Awards vary and are dependent on the type of diploma received and state funding.
Indiana Freedom-of-Choice Grant (FOC) - Indiana Residents Only
Full-time students who qualify for the Indiana HEA and who attend an approved Indiana private institution, such as Indiana Wesleyan University, are considered for this need-based award. It is not necessary for the applicant to file any forms other than those required for the Indiana HEA award.
Indiana 21st Century Scholars Program - Indiana Residents Only
Potential recipients applied in their 7th or 8th grade year to be part of the program and fulfilled a pledge of good citizenship. Recipients must submit their FAFSA and have it received at the federal processor by March 10. The student must also enroll full-time in an approved Indiana institution. Awards vary based on eligibility received for the Indiana Higher Education Award and Indiana Freedom of Choice Grant. Full renewal requires the student to complete at least 30 credit hours each year.
Family Tuition Grant
The grant will be $1,000 toward tuition only for each full-time undergraduate student from the same family attending the residential campus (the Transition to Nursing Program does not qualify). The definition of family is meant in the traditional, not extended sense. This could be any combination of husband/wife/father/mother/unmarried dependent sons or daughters. It is intended to assist families where two or more "living under the same roof" are attending Indiana Wesleyan University on a full-time basis in traditional programs of study.
Pastor Dependent Grant
A recipient must be a dependent undergraduate child of a full-time ordained minister serving in a local church during the academic year in which the award is granted. The student must enroll full-time; the amount is $1,800 per academic year.