Indiana Wesleyan University-Marion

https://www.indwes.edu

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2024 Undergraduate Tuition

$32,104

3% growth from 2023

2024 Average Net Price

$23,402

After Financial Aid

2022 Default Rate

0.0216%

on Student Loans

2024 Acceptance Rate

88.9%

3,761 Applicants

2024 Enrolled Students

2,204

94% Full-Time

2024 Graduation Rate

65.6%

471 Graduates

About

Indiana Wesleyan University-Marion is a higher education institution located in Grant County, IN. In 2024, the most popular Bachelors Degree concentrations at Indiana Wesleyan University-Marion were Registered Nursing (88 degrees awarded), General Psychology (39 degrees), and Social Work (33 degrees).

In 2024, 674 degrees were awarded across all undergraduate and graduate programs at Indiana Wesleyan University-Marion. 66.6% of these degrees were awarded to women, and 33.4% awarded men. The most common race/ethnicity group of degree recipients was white (564 degrees), 18.2 times more than then the next closest race/ethnicity group, hispanic or latino (31 degrees).

The median undergraduate tuition at Indiana Wesleyan University-Marion is $32,104, which is $8,104 more than the national average for Masters Colleges and Universities ($24,000).

In 2022 the default rate for borrower's at Indiana Wesleyan University-Marion was 0.0216%, corresponding to 1 out of the 4,636 total borrowers.

Masters Colleges & Universities: Small Programs Masters Colleges and Universities

Costs

In 2024, the median undergraduate tuition at Indiana Wesleyan University-Marion is $32,104, which is $8,104 more than the national average for Masters Colleges and Universities ($24,000).

After taking grants and loans into account, the average net price for students is $23,402.

In 2024, 92% of undergraduate students attending Indiana Wesleyan University-Marion received financial aid through grants. Comparatively, 71% of undergraduate students received financial aid through loans.

Tuition Costs

$32,104

2024 Undergraduate Tuition

In 2024, the cost of tuition at Indiana Wesleyan University-Marion was $32,104. The cost of tuition at Indiana Wesleyan University-Marion is $8,104 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,000).

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

Average Net Price

$23,402

2024 Value

0.163%

1 Year Growth

In 2024 Indiana Wesleyan University-Marion had an average net price — the price paid after factoring in grants and loans — of $23,402. Between 2023 and 2024, the average net price of Indiana Wesleyan University-Marion grew by 0.163%.

This chart compares the average net price of Indiana Wesleyan University-Marion (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

$8,793

Room and Board

$1,384

Books and Supplies

The average yearly cost of room and board at Indiana Wesleyan University-Marion was of $8,793 in 2024. The cost of room and board increased by 2.95% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,384. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

92%

Undergraduates Receiving Financial Aid through Grants

71%

Undergraduates Receiving Financial Aid through Loans

92% of undergraduate students at Indiana Wesleyan University-Marion received financial aid through grants or loans in 2024. This represents a decline of 2.13% with respect to 2023, when 94% of undergraduate students received financial aid.

This chart compares the average award discount at Indiana Wesleyan University-Marion (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.

0.0216%

2022 Default Rate

Number of Defaults

In 2022 the default rate for borrower's at Indiana Wesleyan University-Marion was 0.0216%, which represents 1 out of the 4636 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

Indiana Wesleyan University-Marion received 3,761 undergraduate applications in 2024, which represents a 23.9% annual growth. Out of those 3,761 applicants, 3,345 students were accepted for enrollment, representing a 88.9% acceptance rate.

There were 2,204 students enrolled at Indiana Wesleyan University-Marion in 2024. 57% of first-time enrollees submitted SAT scores with their applications.

Indiana Wesleyan University-Marion has an overall enrollment yield of 17%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

88.9%

Acceptance Rate in 2024

3,345

Accepted Out of 3,761

In 2024, the undergraduate acceptance rate of Indiana Wesleyan University-Marion was 88.9% (3,345 admissions from 3,761 applications). This is higher than the acceptance rate of 2023, which was 82.2%. Between 2023 and 2024, the number of applicants grew by 23.9%, while admissions grew by 34.1%.

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

SAT Scores

57%

Submission Percentage (2024)

322

Scores Submitted (2024)

57% of enrolled first-time students at Indiana Wesleyan University-Marion in 2024 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

Indiana Wesleyan University-Marion had a total enrollment of 2,204 students in 2024. The full-time enrollment at Indiana Wesleyan University-Marion is 2,072 students and the part-time enrollment is 132. This means that 94% of students enrolled at Indiana Wesleyan University-Marion are enrolled full-time.

The enrolled student population at Indiana Wesleyan University-Marion, both undergraduate and graduate, is 81.1% White, 5.63% Black or African American, 4.76% Hispanic or Latino, 2.54% Two or More Races, 2.27% Asian, 0.272% American Indian or Alaska Native, and 0.0907% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Indiana Wesleyan University-Marion in full-time Undergraduate programs are most commonly White Female (52%), followed by White Male (30%) and Black or African American Male (3.3%). Students enrolled in full-time Graduate programs are most commonly White Female (50.9%), followed by White Male (26.8%) and Black or African American Female (5.26%).

Full-Time vs Part-Time Enrollment

94%

Full-Time Enrollment

The total enrollment at Indiana Wesleyan University-Marion in 2024, both undergraduate and graduate, is 2,204 students. The full-time enrollment at Indiana Wesleyan University-Marion is 2,072 and the part-time enrollment is 132. This means that 94% of students enrolled at Indiana Wesleyan University-Marion are enrolled full-time compared with 67.1% at similar Masters Colleges and Universities.

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

Retention Rate over Time

83%

2024 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 Indiana Wesleyan University-Marion was 83%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Indiana Wesleyan University-Marion had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
1,787 enrolled students
Black or African American
124 enrolled students
Hispanic or Latino
105 enrolled students

The enrolled student population at Indiana Wesleyan University-Marion is 81.1% White, 5.63% Black or African American, 4.76% Hispanic or Latino, 2.54% Two or More Races, 2.27% Asian, 0.272% American Indian or Alaska Native, and 0.0907% 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 Masters Colleges and Universities is 47.4% White, 18.8% Hispanic or Latino, and 13.6% 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, 42 students (1.91%) did not report their race.

Graduates

In 2024, 224 more women than men received degrees from Indiana Wesleyan University-Marion. The most common race/ethnicity group of degree recipients at Indiana Wesleyan University-Marion is white (564 degrees awarded). There were 18.2 times more white recipients than the next closest race/ethnicity group, hispanic or latino (31 degrees).

The most common Bachelor's Degree concentration at Indiana Wesleyan University-Marion is Registered Nursing (88 degrees awarded), followed by General Psychology (39 degrees) and Social Work (33 degrees).

In 2024, the most specialized majors across all degree types at Indiana Wesleyan University-Marion, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (51 degrees awarded), Public Administration and Social Service (73 degrees), and Education (71 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Indiana Wesleyan University-Marion are Elementary & middle school teachers (1,604,792 people), Secondary school teachers (572,085 people), Physicians (422,068 people), Education administrators (312,035 people), and Other managers (273,772 people).

The most specialized majors at Indiana Wesleyan University-Marion in 2024 are Theology (51 degrees awarded), Public Administration and Social Service (73 degrees), Education (71 degrees), English (10 degrees), and Biology (35 degrees) (as of 2024).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Indiana Wesleyan University-Marion are Surgeons, Cardiovascular technologists and technicians, Physicians, Geoscientists and hydrologists, except geographers, and Nuclear medicine technologists and medical dosimetrists

The most specialized majors at Indiana Wesleyan University-Marion are Theology (51 degrees awarded), Public Administration and Social Service (73 degrees), Education (71 degrees), English (10 degrees), and Biology (35 degrees) (as of 2024).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Indiana Wesleyan University-Marion are Elementary & secondary schools (3,051,983 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (665,387 people), Colleges, universities & professional schools, including junior colleges (617,790 people), Offices of physicians (224,659 people), and Outpatient care centers (207,334 people).

Majors Awarded

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

Most Common (2024)

General Studies
7 degrees awarded
General Computer Programming
2 degrees awarded

In 2024, the most common associates degree concentration at Indiana Wesleyan University-Marion was General Studies with 7 degrees awarded.

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

Sex Breakdown for Common Majors

225

Degrees Awarded to Men

in 2024

449

Degrees Awarded to Women

in 2024

In 2024, 225 degrees were awarded to men at Indiana Wesleyan University-Marion, which is 0.501 times less than the number of degrees awarded to females (449).

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

Most Common Male Majors

In 2024, 26 degrees were awarded to men at Indiana Wesleyan University-Marion in General Finance, which is 8.67 times more than the 3 female recipients with that same degree.

Most Common Female Majors

In 2024, 80 degrees were awarded to men at Indiana Wesleyan University-Marion in Registered Nursing, which is 10 times more than the 8 male recipients with that same degree.

Time to Complete

57%

100% Completion Time

66%

150% Completion Time

In 2024, 57% of students graduating from Indiana Wesleyan University-Marion completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 66% completed their degrees within 150% of the normal time, and 66% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
564 degrees awarded
Hispanic or Latino
31 degrees awarded
Black or African American
24 degrees awarded

The most common race/ethnicity at Indiana Wesleyan University-Marion is white (564 degrees awarded). There were 18.2 times more white recipients than the next closest race/ethnicity group, hispanic or latino (31 degrees).

1.63% of degree recipients (11 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Female
3,032 degrees awarded
White Female
2,807 degrees awarded
White Female
2,790 degrees awarded

The most common race/ethnicity and sex grouping at Indiana Wesleyan University-Marion is white female (3,032 degrees awarded). There were 1.08 times more white female recipients than the next closest race/ethnicity group, white female (2,807 degrees).

Operations

Indiana Wesleyan University-Marion has an endowment valued at nearly $289M, as of the end of the 2024 fiscal year. The return on its endowment was of 34.9M (12.1%) compared to the 9.2% average return (4.22M on 45.9M) across all Masters Colleges and Universities.

In 2024, Indiana Wesleyan University-Marion had a total salary expenditure of 182M. Indiana Wesleyan University-Marion employs 80 Professors, 72 Assistant professors and 59 Associate professors. Most academics at Indiana Wesleyan University-Marion are Female Assistant professor (46), Male Professor (45), and Female Professor (35).

The most common positions for non-instructional staff at Indiana Wesleyan University-Marion are: Management, with 250 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 149 employees, and Office and Administrative Support with 116 employees.

Endowment

$289M

2024 Endowment

8.6%

growth from 2023

Indiana Wesleyan University-Marion has an endowment valued at about $289M, as of the end of the 2024 fiscal year. The endowment of Indiana Wesleyan University-Marion grew 8.6% from the previous year. The value of their endowment was $243M higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Small Programs Carnegie Classification grouping.

Salary Expenditure

$34.1M

2024 Salaries

5.17%

growth from 2023

In 2024, Indiana Wesleyan University-Marion paid a median of $34.1M in salaries, which represents 18.7% of their overall expenditure ($182M) and a 5.17% growth from the previous year. This is compared to a 2.95% decline between 2022 and 2023, and a 1.13% growth between 2021 and 2022.

Instructional Salaries

$15.9M

Instructional Salaries

214

Number of Employees

In 2024, Indiana Wesleyan University-Marion paid a total of $15.9M to 214 employees working as instructors, which represents 46.6% of all salaries paid.

This is compared to a median of $965k (3.13%) for similar Masters Colleges and Universities.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Indiana Wesleyan University-Marion were Management with 250 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 149 employees, and Office and Administrative Support with 116 employees.

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