Indiana Wesleyan University-Marion
Private College in Marion, IN. Six-year graduation rate 67%. Median 10-year earnings $59,986.
The median ten-year earnings figure of $59,986 sits near the national middle rather than at either extreme. The six-year graduation rate of 67% is well above average and the clearest sign this school holds onto its students. Median debt at graduation is $24,250, roughly typical for an undergraduate degree.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ 3-year loan default 0.0% — below national benchmark
Admissions
Indiana Wesleyan University-Marion admits 89% of applicants — effectively open admission, so the application is a formality rather than a hurdle. 3,761 applications came in, enough to make the rates below reasonably stable year to year. A 17% yield rate is low: the admitted pool is much larger than the entering class. Score ranges below describe the middle half of score submitters among enrolled first-years; students who applied test-optional are not represented in them.
Test score bands (middle 50% of submitters)
These bands describe the enrolled first-years who submitted a score, not the entering class. Where most students apply test-optional the submitters are a self-selected, higher-scoring group.
| Test | 25th–75th percentile | Submitted |
|---|---|---|
| SAT Evidence-Based Reading | 480–600 | 322 (57%) |
| SAT Math | 480–580 | |
| ACT Composite | 19–28 | 71 (13%) |
IPEDS Admissions · 2024
Apply at Indiana Wesleyan University-Marion →Academics
A 67% six-year graduation rate is the strongest academic signal on this page. First-year retention of 83% shows the cohort holds together through the hardest year. Retention and completion are close, which places the gap between entering and finishing almost entirely in year one. A 12:1 ratio points to small classes and accessible faculty. As a private nonprofit four-year college, the relevant comparison is other four-year schools rather than the national average across all institutions.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 1,932 degree- or certificate-seeking undergraduates
Students pay an average of $23,402 annually once grants are applied. Net price varies modestly by income — $19,793 at $0–30k against $27,265 at $110k+ — so the average is a fair guide for most families. 99% of students get grant aid averaging $21,826, so the published price is a poor guide to what most pay. 77% of students borrow federally, so debt is the norm rather than the exception.
Entering first-year students
A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.
IPEDS Student Financial Aid · 2023-24 · 497 students
Net price by family income
The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.
| Family income band | Average net price |
|---|---|
| $0–30k | $19,793 |
| $30–48k | $14,896 |
| $48–75k | $18,313 |
| $75–110k | $22,336 |
| $110k+ | $27,265 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 1,481 of these 1,932 students, totalling $9,100,588 — an average of $6,145 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Grant County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
VA GI Bill Comparison Tool (Veterans Affairs GIDS)