Cost & financial aid brief
Indiana Wesleyan University-Marion Tuition, Costs & Financial Aid
How much does Indiana Wesleyan University-Marion cost after financial aid?
Indiana Wesleyan University-Marion's aid pattern lowers the published $44,776 to an average net price of $22,866 for aid recipients. That $21,910 sticker-to-net difference is an average across recipients, and aid covers about 49% of the published cost for the average aid recipient.
The pattern across income bands is uneven: the lowest-band average is $19,793, followed by $14,896 in the next band and $18,313 in the middle. The next-highest band averages $22,336, while the highest band averages $27,265.
Lower average net prices generally appear in the lower-income bands, although the lowest band does not have the lowest listed price. The figures show how aid is distributed across income bands, not what any individual family will receive.
For families receiving aid, Indiana Wesleyan University-Marion lists a published cost of attendance of $44,776, and prices differ across family-income bands. Average net price, what aid recipients pay after grants and scholarships, is $19,793 in the lowest band, $14,896 in the lower-middle band, $18,313 in the middle band, $22,336 in the upper-middle band, and $27,265 in the highest band.
The spread between the lowest and highest bands is $7,472. Azimuth ranks the university #758 for affordability among nonprofit four-year institutions.
Aid covers about 49% of the published cost for the average aid recipient, offsetting $21,910. Across all aid recipients, the average net price is $22,866.
The peer median, the middle value for comparable institutions (same type and size), is $22,347, making the university's average net price $519 above. Published tuition and fees are $32,352, which sits within the broader cost of attendance.
Among borrowers who completed, median federal student loan debt is $24,250, compared with $25,000 at comparable institutions (same type and size); that is $750 below. 88.6% of federal aid recipients borrow federal loans.
The median Parent PLUS borrowing is $12,987. The median federal student debt corresponds to an estimated payment of $276 a month if repaid over ten years.
Student loans: what does repayment look like?
Federal borrowing is common at Indiana Wesleyan University-Marion, with 88.6% of federal aid recipients taking federal loans. Among borrowers who completed, median federal student loan debt was $24,250.
The peer median, the middle value for comparable institutions (same type and size), is $25,000, placing the university's median $750 below it. For the separate population of Parent PLUS borrowers, the median amount was $12,987.
Indiana Wesleyan University-Marion's return picture centers on earnings that are well above expectation for similar students. Graduates earn a median of $68,838 four years after completion, and Azimuth places that earnings figure in the 74th percentile among nonprofit four-year institutions.
Earnings beyond expectations is also favorable: Graduates earn about $18,916 more than the model expects for similar students. Azimuth places that measure in the 95th percentile among nonprofit four-year institutions.
Earnings scenarios based on the program mix range from $47,005 in a downside scenario to $84,157 in an upside scenario, with $68,838 as the typical scenario. Median debt is below the peer median, and that debt corresponds to an estimated payment of $276 a month if repaid over ten years. Higher-than-expected earnings and lower borrowing point in the same direction.
Parent borrowers had median Parent PLUS borrowing of $12,987, separate from student federal-loan borrowers. For student borrowers, that debt corresponds to an estimated payment of $276 a month if repaid over ten years.
Repayment figures are in the Financial GPS card below. Borrowing populations and model assumptions.
Parent loans: what can the family afford?
How Parent PLUS borrowing affects families
- Median Parent PLUS debt
- $12,987
- Estimated parent payment
- $165/mo
| Household income | Share of income above basic expenses | Risk level |
|---|---|---|
| $35,000 | No room | High pressure |
| $50,000 | No room | High pressure |
| $75,000 | 9.7% | Caution |
| $100,000 | 4.4% | Safe |
| $150,000 | 2.1% | Safe |
| $200,000 | 1.4% | Safe |
The 10-year payment on the median Parent PLUS balance, as a share of household income above basic expenses ($54,640 a year: 200% of the 2026 federal poverty guideline for a household of three). No room is High pressure. Open the parent tool for your own numbers. Read the assumptions and limits.
Student and parent loans: the monthly payments
Financial GPS
What does repayment look like?
- Institution median student debt
- $24,250
- Institution Parent PLUS debt
- $12,987
Federal loans only; private or institutional loans aren’t included.
- Estimated student payment · monthly
- $276/mo
- Estimated Parent PLUS payment · monthly
- $165/mo
- Modeled student + parent payments
- $441/mo
Payments use school-wide median balances, not a specific major’s.
Student payment as a share of available income
At median graduate earnings of $68,838, with a $23,940 annual allowance for basic expenses:
7.4% of income above the allowance · Excellent
- Excellent Under 8% · selected scenario
- Good 8–under 12%
- Concerning 12–20%
- High risk Over 20%
How this estimate works
These are modeled earnings scenarios, not observed earnings percentiles. Annual student payments ÷ (earnings − basic-expense allowance). The starting allowance, $23,940, uses the published framework’s 2026 baseline; it is not a current local living-cost estimate. Change it for your budget, including taxes and other obligations. This combines school-level figures for illustration, not a typical individual’s budget or an official school rating. Parent PLUS is separate.
Payment assumptions
Payments are 10-year standard payments on the median balance, before loan fees, used as a yardstick. Rates for newly issued loans may differ, and loans made after July 1, 2026 can repay over a longer term; existing loans keep their original fixed rates.
Data & methodology
Sources and reporting periods: methodology.
Analysis and methodology by Daniel Rogers, founder of College Azimuth.
Explanatory text is AI-assisted drafting checked against those figures; it is not an additional data source.
Figure notes link to sources and limitations. About College Azimuth.
Net price and borrowing. The 2023–24 income-band averages include living costs and cover eligible first-time, full-time aid recipients; public-school figures reflect in-state tuition. They are not individual aid offers. Peer matching supplies overall net prices, not matched income-band averages. College Scorecard data and documentation.
A personal student-risk assessment also needs your major and borrowing plan; these school-level illustrations do not assign you a personal risk zone.
Payments are 10-year standard payments on the median balance, before loan fees, used as a yardstick. Rates for newly issued loans may differ, and loans made after July 1, 2026 can repay over a longer term; existing loans keep their original fixed rates. Private-loan figures from the Common Data Set are separate from these federal repayment illustrations.