Financial Implications of a Wheaton Education

A liberal arts education is an investment of time and money. Here are some of the ways Wheaton College is working to make your investment affordable, and why the cost is more than worth it.

Affordability & Value at a Glance

Forbes Magazine

  • Forbes 2019 gave Wheaton College a financial grade of ‘A’
  • Wheaton ranks #112 on their list of America’s Best Colleges
  • Wheaton ranks #86 in Private Colleges
  • Wheaton ranks #44 for Liberal Arts Colleges

Princeton Review

  • The Princeton Review 2019 lists Wheaton as one of the 384 Best Colleges
  • Wheaton ranks #18 for Best Quality of Life
  • Wheaton ranks #20 for Professors Get High Marks
  • Wheaton ranks #20 for Best College Dorms
  • Wheaton ranks #22 for Best Alumni Network
  • Wheaton ranks #14 for Impact Schools.

Kiplinger's 2019

  • #45 in Best U.S. College Values (view)
  • #25 in Best Values in Liberal Arts Colleges (view)

Colleges That Change Lives

“Wheaton is often called the Harvard of the evangelicals, but that moniker does not do it justice because it is head, shoulders, and heart above Harvard in its concern with good moral compasses and strong value systems, as well as in the percentages of future Ph.D.s it has turned out.”

U. S. News & World Report (2020)

  • 63rd out of 240+ National Liberal Arts Colleges
  • #58 out of 223 National Liberal Arts Colleges (view)
  • #78 out of 103 in Best Value Schools (view)
  • #90 out of 215 in Top Performers on Social Mobility (view)
  • Nearly 30% of the actual cost of a Wheaton education is subsidized in part through our Wheaton fund, supported by alumni, parents, and friends of Wheaton who give at an incredible rate, reducing costs for you and every student by thousands of dollars.
  • Even for those families paying full tuition, for every dollar invested in Wheaton tuition, $1.14 or more is invested back into a student’s education.
  • 88% of new first-year students receive scholarships, grants, and/or loans.
  • 79% of undergrads received scholarships and grants in 2018-2019.
  • Over $34 million awarded in scholarships and grants annually to students in 2018-2019 (includes federal, state, and institutional sources)
  • $27,000: the average financial aid package awarded in 2018-19 to incoming freshmen with financial need.
  • 92.6% freshman retention rate entering fall 2018 as of fall 2019
  • 86% 6-year graduation rate (national 6-year average is 53.8%)
  • 77.6% expected 4-year graduation rate
  • 99% of 2019 graduates landed their first destination (internship, job, grad school, etc.) within six months after graduation
  • $27,661 average 4-year cumulative debt for those who borrow annually (2017 national average was $32,600)
  • Wheaton's loan default rate is .9% (vs. the national average of 10.1%)
    Comparison of FY 2016 Official National Cohort Default Rates to Prior Two Official Cohort Default Rages - Calculated 8.4.19


Learn More

Learn more about the distinct benefits of a liberal arts education from Wheaton College and hear from alumni about the value of their Wheaton experience.

Contact the Financial Aid team for more information about scholarships and aid available to help you finance your Wheaton education. 

Check out some articles highlighting the liberal arts advantage in today's marketplace.