Wheaton College

www.wheaton.edu

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2023 Undergraduate Tuition

$43,670

4% growth from 2022

2023 Average Net Price

$31,346

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

90%

1,866 Applicants

2023 Enrolled Students

2,799

80% Full-Time

2023 Graduation Rate

86.6%

502 Graduates

About

Wheaton College is a higher education institution located in DuPage County, IL. In 2023, the most popular Bachelors Degree concentrations at Wheaton College were Business & Managerial Economics (74 degrees awarded), General Psychology (56 degrees), and General English Language & Literature (35 degrees).

In 2023, 806 degrees were awarded across all undergraduate and graduate programs at Wheaton College. 55.5% of these degrees were awarded to women, and 44.5% awarded men. The most common race/ethnicity group of degree recipients was white (550 degrees), 7.86 times more than then the next closest race/ethnicity group, asian (70 degrees).

The median undergraduate tuition at Wheaton College is $43,670, which is $14,390 more than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Wheaton College was 0%, corresponding to 0 out of the 543 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Wheaton College is $43,670, which is $14,390 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $31,346.

In 2023, 89% of undergraduate students attending Wheaton College received financial aid through grants. Comparatively, 47% of undergraduate students received financial aid through loans.

Tuition Costs

$43,670

2023 Undergraduate Tuition

In 2023, the cost of tuition at Wheaton College was $43,670. The cost of tuition at Wheaton College is $14,390 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

This chart compares the tuition costs of Wheaton College (in red) with those of other similar universities.

Average Net Price

$31,346

2023 Value

4.62%

1 Year Growth

In 2023 Wheaton College had an average net price — the price paid after factoring in grants and loans — of $31,346. Between 2022 and 2023, the average net price of Wheaton College grew by 4.62%.

This chart compares the average net price of Wheaton College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$11,690

Room and Board

$670

Books and Supplies

The average yearly cost of room and board at Wheaton College was of $11,690 in 2023. The cost of room and board increased by 5.32% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $670. The cost of books and supplies decreased by 4.29% during the same period.

This chart compares the average student costs at Wheaton College (in red) with that of similar universities.

Financial Aid by Income Level

89%

Undergraduates Receiving Financial Aid through Grants

47%

Undergraduates Receiving Financial Aid through Loans

89% of undergraduate students at Wheaton College received financial aid through grants or loans in 2023. This represents a decline of 10.1% with respect to 2022, when 99% of undergraduate students received financial aid.

This chart compares the average award discount at Wheaton College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Wheaton College was 0%, which represents 0 out of the 543 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Wheaton College received 1,866 undergraduate applications in 2023, which represents a 1.43% annual growth. Out of those 1,866 applicants, 1,679 students were accepted for enrollment, representing a 90% acceptance rate.

There were 2,799 students enrolled at Wheaton College in 2023. 26% of first-time enrollees submitted SAT scores with their applications.

Wheaton College has an overall enrollment yield of 32.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

90%

Acceptance Rate in 2023

1,679

Accepted Out of 1,866

In 2023, the undergraduate acceptance rate of Wheaton College was 90% (1,679 admissions from 1,866 applications). This is higher than the acceptance rate of 2022, which was 88.4%. Between 2022 and 2023, the number of applicants declined by 1.43%, while admissions grew by 0.299%.

This chart compares the acceptance rate of Wheaton College (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

26%

Submission Percentage (2023)

144

Scores Submitted (2023)

26% of enrolled first-time students at Wheaton College in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Wheaton College had a total enrollment of 2,799 students in 2023. The full-time enrollment at Wheaton College is 2,238 students and the part-time enrollment is 561. This means that 80% of students enrolled at Wheaton College are enrolled full-time.

The enrolled student population at Wheaton College, both undergraduate and graduate, is 67.4% White, 8.86% Asian, 7.43% Hispanic or Latino, 5.39% Two or More Races, 2.86% Black or African American, and 0.0715% American Indian or Alaska Native.

Students enrolled at Wheaton College in full-time Undergraduate programs are most commonly White Female (37.8%), followed by White Male (30.7%) and Asian Female (5.65%). Students enrolled in full-time Graduate programs are most commonly White Female (40.9%), followed by White Male (22.8%) and Asian Female (4.51%).

Full-Time vs Part-Time Enrollment

80%

Full-Time Enrollment

The total enrollment at Wheaton College in 2023, both undergraduate and graduate, is 2,799 students. The full-time enrollment at Wheaton College is 2,238 and the part-time enrollment is 561. This means that 80% of students enrolled at Wheaton College are enrolled full-time compared with 78.8% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Wheaton College (in red) compares to similar universities.

Retention Rate over Time

94%

2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Wheaton College was 94%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Wheaton College had a retention rate higher than its peers.

This chart shows the retention rate over time at Wheaton College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,887 enrolled students
Asian
248 enrolled students
Hispanic or Latino
208 enrolled students

The enrolled student population at Wheaton College is 67.4% White, 8.86% Asian, 7.43% Hispanic or Latino, 5.39% Two or More Races, 2.86% Black or African American, and 0.0715% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 53.2% White, 14.1% Hispanic or Latino, and 12.9% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 60 students (2.14%) did not report their race.

Graduates

In 2023, 88 more women than men received degrees from Wheaton College. The most common race/ethnicity group of degree recipients at Wheaton College is white (550 degrees awarded). There were 7.86 times more white recipients than the next closest race/ethnicity group, asian (70 degrees).

The most common Bachelor's Degree concentration at Wheaton College is Business & Managerial Economics (74 degrees awarded), followed by General Psychology (56 degrees) and General English Language & Literature (35 degrees).

In 2023, the most specialized majors across all degree types at Wheaton College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (120 degrees awarded), Language & Linguistics (32 degrees), and Philosophy and Religious Studies (15 degrees).

Common Jobs by Major

Postsecondary teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Wheaton College are Postsecondary teachers (161,686 people), Elementary & middle school teachers (158,572 people), Secondary school teachers (151,473 people), Lawyers, & judges, magistrates, & other judicial workers (129,004 people), and Other managers (127,425 people).

The most specialized majors at Wheaton College in 2023 are Theology (120 degrees awarded), Language & Linguistics (32 degrees), Philosophy and Religious Studies (15 degrees), English (35 degrees), and Math & Statistics (31 degrees) (as of 2023).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Wheaton College are Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, Nuclear medicine technologists and medical dosimetrists, and Physicians

The most specialized majors at Wheaton College are Theology (120 degrees awarded), Language & Linguistics (32 degrees), Philosophy and Religious Studies (15 degrees), English (35 degrees), and Math & Statistics (31 degrees) (as of 2023).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Wheaton College are Elementary & secondary schools (381,787 people), Colleges, universities & professional schools, including junior colleges (345,340 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (138,576 people), Religious organizations (137,788 people), and Computer Systems Design (136,275 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Wheaton College.

Most Common (2023)

Business & Managerial Economics
74 degrees awarded
General Psychology
56 degrees awarded
General English Language & Literature
35 degrees awarded

In 2023, the most common bachelors degree concentration at Wheaton College was Business & Managerial Economics with 74 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Wheaton College according to their major.

Sex Breakdown for Common Majors

359

Degrees Awarded to Men

in 2023

447

Degrees Awarded to Women

in 2023

In 2023, 359 degrees were awarded to men at Wheaton College, which is 0.803 times less than the number of degrees awarded to females (447).

This chart displays the sex disparity between the top 5 majors at Wheaton College by degrees awarded.

Most Common Male Majors

In 2023, 51 degrees were awarded to men at Wheaton College in Business & Managerial Economics, which is 2.22 times more than the 23 female recipients with that same degree.

Most Common Female Majors

In 2023, 43 degrees were awarded to men at Wheaton College in General Psychology, which is 3.31 times more than the 13 male recipients with that same degree.

Time to Complete

82%

100% Completion Time

88%

150% Completion Time

In 2023, 82% of students graduating from Wheaton College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 88% completed their degrees within 150% of the normal time, and 88% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (90.2%)

The student demographic with the highest graduation rate in 2023 at Wheaton College is Female and White (90.2% graduation rate). Across all Baccalaureate Colleges, Non-resident Alien Male students have the highest graduation rate (65.7%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0.598% of graduates (3 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
550 degrees awarded
Asian
70 degrees awarded
Hispanic or Latino
50 degrees awarded

The most common race/ethnicity at Wheaton College is white (550 degrees awarded). There were 7.86 times more white recipients than the next closest race/ethnicity group, asian (70 degrees).

1.36% of degree recipients (11 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
301 degrees awarded
White Male
249 degrees awarded
Asian Female
43 degrees awarded

The most common race/ethnicity and sex grouping at Wheaton College is white female (301 degrees awarded). There were 1.21 times more white female recipients than the next closest race/ethnicity group, white male (249 degrees).

Operations

Wheaton College has an endowment valued at nearly $558M, as of the end of the 2023 fiscal year. The return on its endowment was of 58.4M (10.5%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Wheaton College had a total salary expenditure of 135M. Wheaton College employs 84 Associate professors, 64 Professors and 40 Assistant professors. Most academics at Wheaton College are Male Associate professor (55), Male Professor (48), and Female Associate professor (29).

The most common positions for non-instructional staff at Wheaton College are: Office and Administrative Support, with 88 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 70 employees, and Service with 59 employees.

Endowment

$558M

2023 Endowment

5.45%

growth from 2022

Wheaton College has an endowment valued at about $558M, as of the end of the 2023 fiscal year. The endowment of Wheaton College grew 5.45% from the previous year. The value of their endowment was $507M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Wheaton College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Arts & Sciences Focus Carnegie Classification grouping.

Salary Expenditure

$61M

2023 Salaries

2.99%

growth from 2022

In 2023, Wheaton College paid a median of $61M in salaries, which represents 45.3% of their overall expenditure ($135M) and a 2.99% growth from the previous year. This is compared to a 3.46% decline between 2021 and 2022, and a 2.15% growth between 2020 and 2021.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$17.8M

Instructional Salaries

192

Number of Employees

In 2023, Wheaton College paid a total of $17.8M to 192 employees working as instructors, which represents 29.1% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

Occupations by Share

Associate professor

Most Common Instructor

84 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

88 Employees

In 2023, the most common positions for instructional staff at Wheaton College were Associate professor with 84 employees, Professor with 64 employees, and Assistant professor with 40 employees.

In 2023, the most common positions for non-instructional staff at Wheaton College were Office and Administrative Support with 88 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 70 employees, and Service with 59 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Associate professor
Male Professor
Female Associate professor

In 2023, the most common demographic for instructional staff at Wheaton College was Male Associate professor with 55 employees, Male Professor with 48 employees, and Female Associate professor with 29 employees.

This chart shows the sex split between each academic rank present at Wheaton College.

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