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Types of Financial Aid for Graduates
Grants & Scholarship
Need Based Aid
Must complete the FAFSA and Wheaton College Financial Aid Application.
| Type |
Yearly Amount |
Comments |
| Wheaton Grant |
17% of designated need |
Institutional funding for full-time, degree-seeking students. Gift aid with no necessary repayment. Not available to PsyD students. |
| General Endowed Scholarships |
amounts vary |
Given to students meeting specified criteria as part of Wheaton grant. |
| Federal Stafford Loans (subsidized) |
$8,500 max |
No interest payment while enrolled at least half time. Repayment begins 6 months after graduation. Funds provided by banks or other lending institutions. |
| Federal Work Study |
$800 initial award
(may increase depending on funds available) |
Wages paid by Federal government. |
Specific Endowed Scholarships
Must complete FAFSA and Wheaton College Financial Aid Application, but no other application necessary. Awarded on the basis of meeting a designated requirement (i.e., major, professional goal, GPA).
| Type |
Yearly Amount |
Comments |
| Provost Award |
$1000 to $2500 per year |
Based on application for admission and decision of Admission Committee. Criteria: undergrad GPA 3.5 or higher; diversity factor- i.e. ethnicity, age, life experience, career goals. |
| Janice Harrison Endowed Scholarship Fund |
$1000 to $5000 per year |
Full time MA Clinical Psychology student. |
| Psy.D. Scholarship Fund |
$2000 to $5000 per year |
Full time Doctor of Clinical Psychology (PsyD) student. |
| The John Gration Family Scholarship for Missions Students |
$500 per year |
Full time MA Intercultural Studies student with priority given to students planning to serve overseas. |
| The W. Ross and Amilee Phillips Scholarship Fund |
Aid varies |
First year graduate student with plans for ministry among educationally and economically disadvantaged in America. |
Billy Graham Center Scholarship Program
Must complete FAFSA, Wheaton College Financial Aid Application and the BGC Scholarship Application.
| Type |
Yearly Amount |
Comments |
| Furloughing Missionaries |
Full tuition |
Deadline is November 1 prior to fall enrollment. |
| Health Care Workers |
Full tuition |
Deadline is November 1 prior to fall enrollment. |
| Internationals |
Full tuition and assistance with cost of living |
Deadline is November 1 prior to fall enrollment. Internationals do not need to complete FAFSA. |
| Pre-field Missionaries |
83% of tuition |
Deadline is March 1 prior to fall enrollment; September 15 prior to spring enrollment. Payback of principle plus interest if not going to overseas assignment. |
| Urban Missionaries, Kenneth T. Wessner Ethnic/Urban Missions Scholarship Fund |
Full tuition |
Deadline is March 1 prior to fall enrollment. September 15 prior to spring enrollment. Full or part-time North American student with 2 year minimum ministry experience; desires to increase effectiveness in urban ministry; payback of principle plus interest if not returning to urban ministry. |
Graduate Assistantships
| Type |
Yearly Amount |
Comments |
| Graduate Assistantships |
Hourly wage with maximum 10 hours per week |
Returning students given preference. |
| Graduate Assistantships in Residence Life |
Stipend, partial tuition remissions, one-bedroom furnished apartment and other employee benefits. |
Must have Residence Life experience. Contact Student Development & Human Resources for application. Deadline is February 1. |
Other Sources for Financial Aid
Veteran's Benefits
Financial aid is available to veterans and their families through the G.I. Bill, War Orphans Educational Law, and other programs. Widows and children of deceased veterans as well as spouses and children of totally disabled veterans are eligible for educational benefits. Further information can be secured from your local Veterans Administration Office. Students eligible to receive veterans benefits should complete the necessary forms in the Registrar's Office to certify enrollment to the Veterans Administration. Those expecting government checks are reminded that this aid may not be available for two to three months following application.
Canadian Student Loans
Canadian students should check cooperating banks in their home provinces for further information.
Denominational Sources
Some denominations have scholarship and/or loan programs or students who are preparing for full-time Christian ministries. For further information, contact your denomination's headquarters.
Employee Education Benefits
Many companies have a tuition reimbursement program for their employees. Be sure to check with your company's Human Resources Department.
Employment Opportunities
The Wheaton area and surrounding areas offer numerous opportunities for employment. On-campus jobs are also available. The Graduate Student Services Office and Career Services provide job listings for suitable part-time employment.
Wheaton Installment Plan (WIP)
The Wheaton Installment Plan is available for students who wish to make tuition payments throughout the year. The Monthly Budget and Deferred Plan are available. Please contact the Student Accounts Office to arrange a payment plan.
Right of Appeal
If you receive a financial aid award and feel that the determination of financial need is not sufficient, you may be able to appeal the decision. To initiate such a process, contact your financial aid counselor to discuss your situation. Your counselor will determine whether options for additional aid consideration are available. You may be asked to provide supporting documentation. Appeals regarding the determination of financial need must contain new or additional facts not considered at the time need was determined.
Contact the Financial Aid Office
Hours: 8:30 am - 4:30 pm, Monday - Friday
800-362-2674, Outside Illinois
630-752-5021, Inside Illinois
finaid@wheaton.edu
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