| Source |
Eligibility
|
Amount |
Comment |
| Army ROTC Scholarships |
Outstanding Students interested in ROTC |
Annually: full tuition, plus $900 book allowance and additional $300-500 per month living allowance during school year |
Contact Department of Military Science |
| Air Force ROTC Scholarships |
Outstanding students interested in ROTC |
Annually: varies and can be awarded up to full tuition, $600 book allowance, and from $250 to $400 per month allowance during school year |
Contact Department of Aerospace Studies (off campus at 312.567.3525)
Air Force ROTC - IIT |
Federal Stafford Loan
(unsubsidized) |
Students who do not demonstrate need |
Same as subsidized Stafford loan (see Need-Based aid) |
Student is responsible for interest accrued during in-school deferment |
| Federal PLUS Loan |
Available to parents. Not based on need, but parents are subject to credit analysis |
Cost of education less eligibility for any financial aid |
Fixed 8.5% interest rate. Rates subject to change July 1 each year. Provided by banks and other lenders. Capped at 9% |
| On and off campus employment |
Open to all students |
Varies |
Excellent opportunities are available through Student Employment Office |
| Payment Plan |
Open to all students/parents |
Cost of budget less other financial aid |
Monthly plans available. Contact Student Accounts Office at 630.752.5801 |
| Outside Scholarships |
Varies |
Varies |
|
| Bennett Loan/Grant Program |
A Wheaton College undergrad alumnus with school debt who has been accepted by a recognized overseas missions agency. |
Varies |
25% of loan/ grant will be forgiven for each year of service with a recognized overseas missions agency. For details, see: www.wheaton.edu/alumni/bennett |