Illinois Wesleyan University

www.iwu.edu

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2023 Undergraduate Tuition

$55,500

3.53% growth from 2022

2023 Average Net Price

$31,310

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

45.2%

6,128 Applicants

2023 Enrolled Students

1,576

99.7% Full-Time

2023 Graduation Rate

82.5%

312 Graduates

About

Illinois Wesleyan University is a higher education institution located in McLean County, IL. In 2023, the most popular Bachelors Degree concentrations at Illinois Wesleyan University were Registered Nursing (46 degrees awarded), General Business (36 degrees), and General Psychology (25 degrees).

In 2023, 376 degrees were awarded across all undergraduate and graduate programs at Illinois Wesleyan University. 55.1% of these degrees were awarded to women, and 44.9% awarded men. The most common race/ethnicity group of degree recipients was white (289 degrees), 8.76 times more than then the next closest race/ethnicity group, asian (33 degrees).

The median undergraduate tuition at Illinois Wesleyan University is $55,500, which is $26,220 more than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Illinois Wesleyan University was 0%, corresponding to 0 out of the 344 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Illinois Wesleyan University is $55,500, which is $26,220 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $31,310.

In 2023, 99% of undergraduate students attending Illinois Wesleyan University received financial aid through grants. Comparatively, 63% of undergraduate students received financial aid through loans.

Tuition Costs

$55,500

2023 Undergraduate Tuition

In 2023, the cost of tuition at Illinois Wesleyan University was $55,500. The cost of tuition at Illinois Wesleyan University is $26,220 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

This chart compares the tuition costs of Illinois Wesleyan University (in red) with those of other similar universities.

Average Net Price

$31,310

2023 Value

4.03%

1 Year Growth

In 2023 Illinois Wesleyan University had an average net price — the price paid after factoring in grants and loans — of $31,310. Between 2022 and 2023, the average net price of Illinois Wesleyan University grew by 4.03%.

This chart compares the average net price of Illinois Wesleyan University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$12,418

Room and Board

$800

Books and Supplies

The average yearly cost of room and board at Illinois Wesleyan University was of $12,418 in 2023. The cost of room and board increased by 2.53% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $800. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Illinois Wesleyan University (in red) with that of similar universities.

Financial Aid by Income Level

99%

Undergraduates Receiving Financial Aid through Grants

63%

Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at Illinois Wesleyan University received financial aid through grants or loans in 2023. This represents a decline of 1% with respect to 2022, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at Illinois Wesleyan University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Illinois Wesleyan University was 0%, which represents 0 out of the 344 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Illinois Wesleyan University received 6,128 undergraduate applications in 2023, which represents a 39% annual growth. Out of those 6,128 applicants, 2,768 students were accepted for enrollment, representing a 45.2% acceptance rate.

There were 1,576 students enrolled at Illinois Wesleyan University in 2023. 26% of first-time enrollees submitted SAT scores with their applications.

Illinois Wesleyan University has an overall enrollment yield of 15.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

45.2%

Acceptance Rate in 2023

2,768

Accepted Out of 6,128

In 2023, the undergraduate acceptance rate of Illinois Wesleyan University was 45.2% (2,768 admissions from 6,128 applications). This is higher than the acceptance rate of 2022, which was 42.2%. Between 2022 and 2023, the number of applicants grew by 39%, while admissions grew by 48.7%.

This chart compares the acceptance rate of Illinois Wesleyan University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

26%

Submission Percentage (2023)

115

Scores Submitted (2023)

26% of enrolled first-time students at Illinois Wesleyan University in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Illinois Wesleyan University had a total enrollment of 1,576 students in 2023. The full-time enrollment at Illinois Wesleyan University is 1,572 students and the part-time enrollment is 4. This means that 99.7% of students enrolled at Illinois Wesleyan University are enrolled full-time.

The enrolled student population at Illinois Wesleyan University, both undergraduate and graduate, is 65.5% White, 10.2% Hispanic or Latino, 8.38% Black or African American, 5.65% Asian, 1.9% Two or More Races, 0.127% American Indian or Alaska Native, and 0.0635% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Illinois Wesleyan University in full-time Undergraduate programs are most commonly White Male (34.6%), followed by White Female (32.6%) and Hispanic or Latino Male (5.31%).

Full-Time vs Part-Time Enrollment

99.7%

Full-Time Enrollment

The total enrollment at Illinois Wesleyan University in 2023, both undergraduate and graduate, is 1,576 students. The full-time enrollment at Illinois Wesleyan University is 1,572 and the part-time enrollment is 4. This means that 99.7% of students enrolled at Illinois Wesleyan University are enrolled full-time compared with 78.8% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Illinois Wesleyan University (in red) compares to similar universities.

Retention Rate over Time

85%

2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Illinois Wesleyan University was 85%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Illinois Wesleyan University had a retention rate higher than its peers.

This chart shows the retention rate over time at Illinois Wesleyan University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,033 enrolled students
Hispanic or Latino
160 enrolled students
Black or African American
132 enrolled students

The enrolled student population at Illinois Wesleyan University is 65.5% White, 10.2% Hispanic or Latino, 8.38% Black or African American, 5.65% Asian, 1.9% Two or More Races, 0.127% American Indian or Alaska Native, and 0.0635% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 53.2% White, 14.1% Hispanic or Latino, and 12.9% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 32 students (2.03%) did not report their race.

Graduates

In 2023, 38 more women than men received degrees from Illinois Wesleyan University. The most common race/ethnicity group of degree recipients at Illinois Wesleyan University is white (289 degrees awarded). There were 8.76 times more white recipients than the next closest race/ethnicity group, asian (33 degrees).

The most common Bachelor's Degree concentration at Illinois Wesleyan University is Registered Nursing (46 degrees awarded), followed by General Business (36 degrees) and General Psychology (25 degrees).

In 2023, the most specialized majors across all degree types at Illinois Wesleyan University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are English (19 degrees awarded), Visual & Performing Arts (48 degrees), and Physical Sciences (15 degrees).

Common Jobs by Major

Postsecondary teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Illinois Wesleyan University are Postsecondary teachers (239,133 people), Other managers (226,350 people), Elementary & middle school teachers (216,418 people), Secondary school teachers (173,902 people), and Lawyers, & judges, magistrates, & other judicial workers (150,831 people).

The most specialized majors at Illinois Wesleyan University in 2023 are English (19 degrees awarded), Visual & Performing Arts (48 degrees), Physical Sciences (15 degrees), Language & Linguistics (8 degrees), and Philosophy and Religious Studies (4 degrees) (as of 2023).

Highest Paying Jobs by Major

Diagnostic medical sonographers

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Illinois Wesleyan University are Diagnostic medical sonographers, Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, and Magnetic resonance imaging technologists

The most specialized majors at Illinois Wesleyan University are English (19 degrees awarded), Visual & Performing Arts (48 degrees), Physical Sciences (15 degrees), Language & Linguistics (8 degrees), and Philosophy and Religious Studies (4 degrees) (as of 2023).

Common Industries by Major

Colleges, universities & professional schools, including junior colleges

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Illinois Wesleyan University are Colleges, universities & professional schools, including junior colleges (596,414 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (575,562 people), Elementary & secondary schools (528,329 people), Offices of physicians (237,780 people), and Computer Systems Design (222,409 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Illinois Wesleyan University.

Most Common (2023)

Registered Nursing
46 degrees awarded
General Business
36 degrees awarded
General Psychology
25 degrees awarded

In 2023, the most common bachelors degree concentration at Illinois Wesleyan University was Registered Nursing with 46 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Illinois Wesleyan University according to their major.

Sex Breakdown for Common Majors

169

Degrees Awarded to Men

in 2023

207

Degrees Awarded to Women

in 2023

In 2023, 169 degrees were awarded to men at Illinois Wesleyan University, which is 0.816 times less than the number of degrees awarded to females (207).

This chart displays the sex disparity between the top 5 majors at Illinois Wesleyan University by degrees awarded.

Most Common Male Majors

In 2023, 26 degrees were awarded to men at Illinois Wesleyan University in General Business, which is 2.6 times more than the 10 female recipients with that same degree.

Most Common Female Majors

In 2023, 35 degrees were awarded to men at Illinois Wesleyan University in Registered Nursing, which is 3.18 times more than the 11 male recipients with that same degree.

Time to Complete

76%

100% Completion Time

81%

150% Completion Time

In 2023, 76% of students graduating from Illinois Wesleyan University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 81% completed their degrees within 150% of the normal time, and 82% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Illinois Wesleyan University is Male and Two or More Races (100% graduation rate). Across all Baccalaureate Colleges, Non-resident Alien Male students have the highest graduation rate (65.7%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0.962% of graduates (3 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
289 degrees awarded
Asian
33 degrees awarded
Black or African American
20 degrees awarded

The most common race/ethnicity at Illinois Wesleyan University is white (289 degrees awarded). There were 8.76 times more white recipients than the next closest race/ethnicity group, asian (33 degrees).

0.266% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
162 degrees awarded
White Male
127 degrees awarded
Asian Female
17 degrees awarded

The most common race/ethnicity and sex grouping at Illinois Wesleyan University is white female (162 degrees awarded). There were 1.28 times more white female recipients than the next closest race/ethnicity group, white male (127 degrees).

Operations

Illinois Wesleyan University has an endowment valued at nearly $262M, as of the end of the 2023 fiscal year. The return on its endowment was of 11.9M (4.55%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Illinois Wesleyan University had a total salary expenditure of 76.7M. Illinois Wesleyan University employs 38 Associate professors, 33 Professors and 30 Assistant professors. Most academics at Illinois Wesleyan University are Male Professor (26), Female Associate professor (22), and Male Associate professor (16).

The most common positions for non-instructional staff at Illinois Wesleyan University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 75 employees, Office and Administrative Support, with 50 employees, and Service with 47 employees.

Endowment

$262M

2023 Endowment

2.68%

decline from 2022

Illinois Wesleyan University has an endowment valued at about $262M, as of the end of the 2023 fiscal year. The endowment of Illinois Wesleyan University declined 2.68% from the previous year. The value of their endowment was $211M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Illinois Wesleyan University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Arts & Sciences Focus Carnegie Classification grouping.

Salary Expenditure

$27M

2023 Salaries

18%

growth from 2022

In 2023, Illinois Wesleyan University paid a median of $27M in salaries, which represents 35.3% of their overall expenditure ($76.7M) and a 18% growth from the previous year. This is compared to a 9.69% decline between 2021 and 2022, and a 5.2% decline between 2020 and 2021.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$8.5M

Instructional Salaries

108

Number of Employees

In 2023, Illinois Wesleyan University paid a total of $8.5M to 108 employees working as instructors, which represents 31.4% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

Occupations by Share

Associate professor

Most Common Instructor

38 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

75 Employees

In 2023, the most common positions for instructional staff at Illinois Wesleyan University were Associate professor with 38 employees, Professor with 33 employees, and Assistant professor with 30 employees.

In 2023, the most common positions for non-instructional staff at Illinois Wesleyan University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 75 employees, Office and Administrative Support with 50 employees, and Service with 47 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Professor
Female Associate professor
Male Associate professor

In 2023, the most common demographic for instructional staff at Illinois Wesleyan University was Male Professor with 26 employees, Female Associate professor with 22 employees, and Male Associate professor with 16 employees.

This chart shows the sex split between each academic rank present at Illinois Wesleyan University.

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