Other Aid Options
There are several other aid options that might apply to certain students.
|Ch. 33 GI Bill® and Yellow Ribbon||Eligible veterans and dependents.||Annually: Up to full tuition costs,
plus a housing and book stipend.
|For more information, please see the Yellow Ribbon FAQ page.|
|Army ROTC Scholarships||Outstanding Students interested in ROTC||Annually: full tuition, plus book allowance and additional per month living allowance during school year. Recipients are not eligible to receive Wheaton Merit or Wheaton Grant funds.||Contact the Department of Military Science.|
|Air Force ROTC Scholarships||Outstanding students interested in ROTC||Annually: varies and can be awarded up to full tuition, a book allowance, and a monthly living allowance during school year||Contact Department of Aerospace Studies (off campus at 312.567.3525) Air Force ROTC- IIT|
|Federal Direct Unsubsidized Stafford Loans||Students who do not demonstrate need; must complete FAFSA||Up to $5,500 for freshmen; $6,500 for sophomores; $7,500 for juniors and seniors||Student is responsible for interest accrued during in-school deferment; Fixed 3.73% interest rate for loans first disbursed on or after July 1, 2021 and before July 1, 2022; Origination fee of 1.057% for loans first disbursed on or after October 1, 2020 and before October 1, 2022.|
|Federal Direct PLUS Loan for Parents||Available to parents. Not based on need, but parents are subject to credit analysis: FAFSA must be submitted||Cost of attendance less financial aid accepted||Fixed 6.28% interest rate for loans first disbursed on or after July 1, 2020 and before July 1, 2021; Origination fee of 4.228% for loans first disbursed on or after October 1, 2020 and before October 1, 2022.|
|On and off campus employment||Open to all students||Varies||Explore excellent opportunities through The Center for Vocation and Career.|
|Wheaton College Payment Plan||Open to all students/parents||Cost of budget less other financial aid||Monthly plans available. Contact Student Financial Services Office at 630.752.5700|
|Bennett Fund - Debt Relief for Missionaries||Undergraduate student or alumnus with school debt who is called to overseas missions work.||Varies||Loan forgiveness opportunity for graduating students and alumni called to overseas missions work. Details|
|James Dixon Summer Internship Award||Undergraduate students who will be doing a summer internship in a church and demonstrating a commitment to service in the local church.||Award of minimum $2,500 available||The application process begins in the spring preceding the summer in which the internship will be carried out. For details, contact: Dan Haase, Internship Coordinator, in the School of Mission, Ministry, and Leadership at 630.752.7953.|
GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government Web site at https://www.benefits.va.gov/gibill.