| Source |
Eligibility
|
Amount |
Comment |
| Wheaton Grant |
Demonstrated need on FAFSA |
Ranges up to $22,000 |
Institutional funding for qualified students |
| Wheaton College Restricted Scholarships |
Demonstrated need on FAFSA |
Ranges up to $25,000
|
Endowed scholarship funds provided by friends of the college, offered to students eligible for Wheaton Grant |
| Federal Pell Grant |
High need on FAFSA |
$4,310 maximum |
Federal Government funding program |
| FSEOG |
High need on FAFSA |
$4,000 maximum |
Federal Government funding program |
| State Scholarships |
Residents of IL, PA, VT, RI, AK, DE |
Varies, IL maximum $4,869 |
Must apply separately by state deadline. IL residents apply by completing FAFSA by August 15 |
| Federal Stafford Loan |
Demonstrated need |
Up to $3500 as Freshmen,
$4,500 as Sophomores, and
$5,500 as Juniors or Seniors |
Fixed interest rate at 6.8%, repayment begins after graduation or if student goes below full-time status, provided by banks or other lending institutions |
| Federal Perkins Loan |
Demonstrated high need |
$2,000 max. for Freshmen,
$1500 max. for Sophomores,
$1000 max. for Juniors and Seniors |
5% interest rate. Repayment begins after graduation, or if student goes below full-time status. Up to 10 years to pay back. |
| Wheaton College Revolving Loan |
Provisions same as Perkins (except for loan cancellation provisions and loan forbearance) |
Amount varies |
5% interest rate. Repayment begins after graduation. Up to 10 years to pay back. |
| Woten Fund |
Students planning to become missionary doctors or nurses |
Amount varies |
Students will be contacted by Financial Aid Office |
| Federal Work Study |
Demonstrated need |
$800 max. (may increase depending on funds available) |
Wage paid by federal government |
