Undergraduate Academic Scholarships

Wheaton College academic scholarships are generally awarded based on significant academic achievement, or excellence in a particular field like music, athletics, or natural sciences. Many of these scholarships are made possible by generous gifts from Wheaton alumni and friends, as well as the Wheaton College endowment.

Undergraduate Need-Based Aid

Need-based grants and scholarships are calculated based on demonstrated financial need and do not need to be repaid. To be considered for need-based aid, you must submit the Free Application for Federal Student Aid (FAFSA). The Student Aid Index (SAI) from the FAFSA is used to determine eligibility for federal grants, state grants, and the Wheaton Grant. Need-based grants and scholarships are awarded on a first-come, first-served basis. 

Students must file a FAFSA each year to determine federal and state eligibility and, in some cases, institutional eligibility.

Undergraduate Loans

Loans are a form of financial aid that must be paid back with interest. Students and families typically use loans to pay any expenses that are not covered by scholarships or grants. There are several types of loans you can consider, including:

  • Federal Direct Subsidized Loans (only accrue interest at the start of the repayment period)
  • Federal Direct Unsubsidized Loans (interest begins accruing as soon as the loan is disbursed)
  • Federal Direct Parent PLUS Loans
  • Education loans from private lenders

Other Aid Programs and Financial Resources

Wheaton partners with other aid programs such as Federal Work-Study (FWS), Post 9/11 GI Bill® and Yellow Ribbon benefits, and ROTC scholarships. Other financial resources include non-FWS employment, semester payment plans, and outside scholarships.

Graduate Scholarships, Loans, and Assistantships

Wheaton offers various aid options beyond standard financial aid, including GI Bill benefits, ROTC scholarships, and the Bennett Fund for missionaries. Additional opportunities include federal loans, on-campus employment (federal work study), and a college payment plan to help students manage educational expenses.