Iowa Wesleyan University

https://www.iw.edu

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2022 Undergraduate Tuition

$33,550

3.07% growth from 2021

2022 Average Net Price

$20,074

After Financial Aid

2019 Default Rate

4.97%

on Student Loans

2022 Acceptance Rate

80.8%

2,975 Applicants

2022 Enrolled Students

871

88.1% Full-Time

2022 Graduation Rate

29.7%

60 Graduates

About

Iowa Wesleyan University is a higher education institution located in Henry County, IA. In 2022, the most popular Bachelors Degree concentrations at Iowa Wesleyan University were General Business Administration & Management (29 degrees awarded), Criminal Justice - Law Enforcement Administration (17 degrees), and Elementary Education & Teaching (13 degrees).

In 2022, 144 degrees were awarded across all undergraduate and graduate programs at Iowa Wesleyan University. 59% of these degrees were awarded to women, and 41% awarded men. The most common race/ethnicity group of degree recipients was white (85 degrees), 5 times more than then the next closest race/ethnicity group, black or african american (17 degrees).

The median undergraduate tuition at Iowa Wesleyan University is $33,550, which is $4,270 more than the national average for Baccalaureate Colleges ($29,280).

In 2019 the default rate for borrower's at Iowa Wesleyan University was 4.97%, corresponding to 8 out of the 161 total borrowers.

Baccalaureate Colleges: Diverse Fields Baccalaureate Colleges

Costs

In 2022, the median undergraduate tuition at Iowa Wesleyan University is $33,550.

After taking grants and loans into account, the average net price for students is $20,074.

In 2022, 84% of undergraduate students attending Iowa Wesleyan University received financial aid through grants. Comparatively, 65% of undergraduate students received financial aid through loans.

Tuition Costs

$33,550

2022 Undergraduate Tuition

In 2022, the cost of tuition at Iowa Wesleyan University was $33,550.

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

Average Net Price

$20,074

2022 Value

42.6%

1 Year Growth

In 2022 Iowa Wesleyan University had an average net price — the price paid after factoring in grants and loans — of $20,074. Between 2021 and 2022, the average net price of Iowa Wesleyan University grew by 42.6%.

This chart compares the average net price of Iowa 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

$9,225

Room and Board

The average yearly cost of room and board at Iowa Wesleyan University was of $9,225 in 2022. The cost of room and board increased by 8.47% between 2021 and 2022.

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

Financial Aid by Income Level

84%

Undergraduates Receiving Financial Aid through Grants

65%

Undergraduates Receiving Financial Aid through Loans

84% of undergraduate students at Iowa Wesleyan University received financial aid through grants or loans in 2022. This represents a decline of 4.55% with respect to 2021, when 88% of undergraduate students received financial aid.

This chart compares the average award discount at Iowa 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.

4.97%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Iowa Wesleyan University was 4.97%, which represents 8 out of the 161 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

Iowa Wesleyan University received 2,975 undergraduate applications in 2022, which represents a 24.4% annual growth. Out of those 2,975 applicants, 2,404 students were accepted for enrollment, representing a 80.8% acceptance rate.

There were 871 students enrolled at Iowa Wesleyan University in 2022. 9% of first-time enrollees submitted SAT scores with their applications.

Iowa Wesleyan University has an overall enrollment yield of 8.03%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

80.8%

Acceptance Rate in 2022

2,404

Accepted Out of 2,975

In 2022, the undergraduate acceptance rate of Iowa Wesleyan University was 80.8% (2,404 admissions from 2,975 applications). This is lower than the acceptance rate of 2021, which was 81.9%. Between 2021 and 2022, the number of applicants declined by 24.4%, while admissions declined by 25.4%.

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

SAT Scores

Submission Percentage (2022)

Scores Submitted (2022)

9% of enrolled first-time students at Iowa Wesleyan University in 2022 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

Iowa Wesleyan University had a total enrollment of 871 students in 2022. The full-time enrollment at Iowa Wesleyan University is 767 students and the part-time enrollment is 104. This means that 88.1% of students enrolled at Iowa Wesleyan University are enrolled full-time.

The enrolled student population at Iowa Wesleyan University, both undergraduate and graduate, is 43.2% White, 16.5% Black or African American, 13.4% Two or More Races, 5.86% Hispanic or Latino, 0.344% Native Hawaiian or Other Pacific Islanders, 0.23% American Indian or Alaska Native, and 0.23% Asian.

Students enrolled at Iowa Wesleyan University in full-time Undergraduate programs are most commonly White Female (22.4%), followed by White Male (19.5%) and Black or African American Male (14.7%). Students enrolled in full-time Graduate programs are most commonly White Female (19.3%), followed by White Male (18.2%) and Black or African American Male (12.5%).

Full-Time vs Part-Time Enrollment

88.1%

Full-Time Enrollment

The total enrollment at Iowa Wesleyan University in 2022, both undergraduate and graduate, is 871 students. The full-time enrollment at Iowa Wesleyan University is 767 and the part-time enrollment is 104. This means that 88.1% of students enrolled at Iowa 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 Iowa Wesleyan University (in red) compares to similar universities.

Retention Rate over Time

54%

2022 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 Iowa Wesleyan University was 54%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Iowa Wesleyan University had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
376 enrolled students
Black or African American
144 enrolled students
Two or More Races
117 enrolled students

The enrolled student population at Iowa Wesleyan University is 43.2% White, 16.5% Black or African American, 13.4% Two or More Races, 5.86% Hispanic or Latino, 0.344% Native Hawaiian or Other Pacific Islanders, 0.23% American Indian or Alaska Native, and 0.23% Asian. 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, 43 students (4.94%) did not report their race.

Graduates

In 2022, 26 more women than men received degrees from Iowa Wesleyan University. The most common race/ethnicity group of degree recipients at Iowa Wesleyan University is white (85 degrees awarded). There were 5 times more white recipients than the next closest race/ethnicity group, black or african american (17 degrees).

The most common Bachelor's Degree concentration at Iowa Wesleyan University is General Business Administration & Management (29 degrees awarded), followed by Criminal Justice - Law Enforcement Administration (17 degrees) and Elementary Education & Teaching (13 degrees).

In 2022, the most specialized majors across all degree types at Iowa Wesleyan University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Protective Services (17 degrees awarded), Parks, Recreation, & Leisure (7 degrees), and Education (26 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 Iowa Wesleyan University are Elementary & middle school teachers (1,688,649 people), Accountants & auditors (1,057,251 people), Other managers (921,373 people), Secondary school teachers (612,919 people), and Financial managers (551,190 people).

The most specialized majors at Iowa Wesleyan University in 2022 are Protective Services (17 degrees awarded), Parks, Recreation, & Leisure (7 degrees), Education (26 degrees), Biology (12 degrees), and Business (53 degrees) (as of 2022).

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 Iowa Wesleyan University are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Iowa Wesleyan University are Protective Services (17 degrees awarded), Parks, Recreation, & Leisure (7 degrees), Education (26 degrees), Biology (12 degrees), and Business (53 degrees) (as of 2022).

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 Iowa Wesleyan University are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

Majors Awarded

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

Most Common (2022)

General Business Administration & Management
29 degrees awarded
Criminal Justice - Law Enforcement Administration
17 degrees awarded
Elementary Education & Teaching
13 degrees awarded

In 2022, the most common bachelors degree concentration at Iowa Wesleyan University was General Business Administration & Management with 29 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 59 degrees were awarded to men at Iowa Wesleyan University, which is 0.694 times less than the number of degrees awarded to females (85).

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

Most Common Male Majors

In 2022, 31 degrees were awarded to men at Iowa Wesleyan University in General Business Administration & Management, which is 1.41 times more than the 22 female recipients with that same degree.

Most Common Female Majors

In 2022, 22 degrees were awarded to men at Iowa Wesleyan University in General Business Administration & Management, which is 0.71 times less than the 31 male recipients with that same degree.

Time to Complete

31%

100% Completion Time

31%

150% Completion Time

In 2022, 31% of students graduating from Iowa Wesleyan University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 31% completed their degrees within 150% of the normal time, and 31% 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.

Hispanic or Latino Female

Highest Graduation Rate (50%)

The student demographic with the highest graduation rate in 2022 at Iowa Wesleyan University is Female and Hispanic or Latino (50% 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, 16.7% of graduates (10 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
85 degrees awarded
Black or African American
17 degrees awarded
Two or More Races
11 degrees awarded

The most common race/ethnicity at Iowa Wesleyan University is white (85 degrees awarded). There were 5 times more white recipients than the next closest race/ethnicity group, black or african american (17 degrees).

8.33% of degree recipients (12 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
55 degrees awarded
White Male
30 degrees awarded
Black or African American Female
9 degrees awarded

The most common race/ethnicity and sex grouping at Iowa Wesleyan University is white female (55 degrees awarded). There were 1.83 times more white female recipients than the next closest race/ethnicity group, white male (30 degrees).

Operations

Iowa Wesleyan University has an endowment valued at nearly $19M, as of the end of the 2022 fiscal year. The return on its endowment was of −370k (−1.95%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2022, Iowa Wesleyan University had a total salary expenditure of 19.1M. Iowa Wesleyan University employs 19 Assistant professors, 8 Associate professors and 6 Professors. Most academics at Iowa Wesleyan University are Female Assistant professor (10), Male Assistant professor (9), and Female Associate professor (5).

The most common positions for non-instructional staff at Iowa Wesleyan University are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 31 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 23 employees, and Business and Financial Operations with 12 employees.

Endowment

$19M

2022 Endowment

3.67%

growth from 2021

Iowa Wesleyan University has an endowment valued at about $19M, as of the end of the 2022 fiscal year. The endowment of Iowa Wesleyan University grew 3.67% from the previous year. The value of their endowment was $32.4M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Iowa 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: Diverse Fields Carnegie Classification grouping.

Salary Expenditure

$6.83M

2022 Salaries

10.4%

growth from 2021

In 2022, Iowa Wesleyan University paid a median of $6.83M in salaries, which represents 35.8% of their overall expenditure ($19.1M) and a 10.4% growth from the previous year. This is compared to a 2.71% growth between 2020 and 2021, and a 0.921% decline between 2019 and 2020.

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

Instructional Salaries

$2.12M

Instructional Salaries

Number of Employees

In 2022, Iowa Wesleyan University paid a total of $2.12M to 36 employees working as instructors, which represents 31.1% of all salaries paid.

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

Occupations by Share

Assistant professor

Most Common Instructor

19 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

31 Employees

In 2022, the most common positions for instructional staff at Iowa Wesleyan University were Assistant professor with 19 employees, Associate professor with 8 employees, and Professor with 6 employees.

In 2022, the most common positions for non-instructional staff at Iowa Wesleyan University were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 31 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 23 employees, and Business and Financial Operations with 12 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Assistant professor
Male Assistant professor
Female Associate professor

In 2022, the most common demographic for instructional staff at Iowa Wesleyan University was Female Assistant professor with 10 employees, Male Assistant professor with 9 employees, and Female Associate professor with 5 employees.

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

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