Indiana Wesleyan University-Marion

https://www.indwes.edu

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2023 Undergraduate Tuition

$31,168

5% growth from 2022

2023 Average Net Price

$23,364

After Financial Aid

2020 Default Rate

0.0182%

on Student Loans

2023 Acceptance Rate

82.2%

3,035 Applicants

2023 Enrolled Students

2,207

90.6% Full-Time

2023 Graduation Rate

65.6%

514 Graduates

About

Indiana Wesleyan University-Marion is a higher education institution located in Grant County, IN. In 2023, the most popular Bachelors Degree concentrations at Indiana Wesleyan University-Marion were Registered Nursing (108 degrees awarded), General Marketing & Marketing Management (37 degrees), and Elementary Education & Teaching (30 degrees).

In 2023, 722 degrees were awarded across all undergraduate and graduate programs at Indiana Wesleyan University-Marion. 63.4% of these degrees were awarded to women, and 36.6% awarded men. The most common race/ethnicity group of degree recipients was white (601 degrees), 23.1 times more than then the next closest race/ethnicity group, two or more races (26 degrees).

The median undergraduate tuition at Indiana Wesleyan University-Marion is $31,168, which is $6,593 more than the national average for Masters Colleges and Universities ($24,575).

In 2020 the default rate for borrower's at Indiana Wesleyan University-Marion was 0.0182%, corresponding to 1 out of the 5,490 total borrowers.

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2023, the median undergraduate tuition at Indiana Wesleyan University-Marion is $31,168, which is $6,593 more than the national average for Masters Colleges and Universities ($24,575).

After taking grants and loans into account, the average net price for students is $23,364.

In 2023, 94% of undergraduate students attending Indiana Wesleyan University-Marion received financial aid through grants. Comparatively, 72% of undergraduate students received financial aid through loans.

Tuition Costs

$31,168

2023 Undergraduate Tuition

In 2023, the cost of tuition at Indiana Wesleyan University-Marion was $31,168. The cost of tuition at Indiana Wesleyan University-Marion is $6,593 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

This chart compares the tuition costs of Indiana Wesleyan University-Marion (in red) with those of other similar universities.

Average Net Price

$23,364

2023 Value

7.4%

1 Year Growth

In 2023 Indiana Wesleyan University-Marion had an average net price — the price paid after factoring in grants and loans — of $23,364. Between 2022 and 2023, the average net price of Indiana Wesleyan University-Marion grew by 7.4%.

This chart compares the average net price of Indiana Wesleyan University-Marion (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

$8,541

Room and Board

$1,384

Books and Supplies

The average yearly cost of room and board at Indiana Wesleyan University-Marion was of $8,541 in 2023. The cost of room and board increased by 2.87% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,384. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Indiana Wesleyan University-Marion (in red) with that of similar universities.

Financial Aid by Income Level

94%

Undergraduates Receiving Financial Aid through Grants

72%

Undergraduates Receiving Financial Aid through Loans

94% of undergraduate students at Indiana Wesleyan University-Marion received financial aid through grants or loans in 2023. This represents a growth of 2.17% with respect to 2022, when 92% of undergraduate students received financial aid.

This chart compares the average award discount at Indiana Wesleyan University-Marion (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.

0.0182%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Indiana Wesleyan University-Marion was 0.0182%, which represents 1 out of the 5490 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

Indiana Wesleyan University-Marion received 3,035 undergraduate applications in 2023, which represents a 23.1% annual growth. Out of those 3,035 applicants, 2,495 students were accepted for enrollment, representing a 82.2% acceptance rate.

There were 2,207 students enrolled at Indiana Wesleyan University-Marion in 2023. 61% of first-time enrollees submitted SAT scores with their applications.

Indiana Wesleyan University-Marion has an overall enrollment yield of 20%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

82.2%

Acceptance Rate in 2023

2,495

Accepted Out of 3,035

In 2023, the undergraduate acceptance rate of Indiana Wesleyan University-Marion was 82.2% (2,495 admissions from 3,035 applications). This is lower than the acceptance rate of 2022, which was 86.7%. Between 2022 and 2023, the number of applicants declined by 23.1%, while admissions declined by 27.1%.

This chart compares the acceptance rate of Indiana Wesleyan University-Marion (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

61%

Submission Percentage (2023)

304

Scores Submitted (2023)

61% of enrolled first-time students at Indiana Wesleyan University-Marion 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

Indiana Wesleyan University-Marion had a total enrollment of 2,207 students in 2023. The full-time enrollment at Indiana Wesleyan University-Marion is 2,000 students and the part-time enrollment is 207. This means that 90.6% of students enrolled at Indiana Wesleyan University-Marion are enrolled full-time.

The enrolled student population at Indiana Wesleyan University-Marion, both undergraduate and graduate, is 80.9% White, 5.03% Black or African American, 4.53% Hispanic or Latino, 2.58% Asian, 2.54% Two or More Races, 0.362% American Indian or Alaska Native, and 0.0453% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Indiana Wesleyan University-Marion in full-time Undergraduate programs are most commonly White Female (53.7%), followed by White Male (28.8%) and Black or African American Male (3.13%). Students enrolled in full-time Graduate programs are most commonly White Female (55.8%), followed by White Male (21.1%) and Black or African American Female (10.2%).

Full-Time vs Part-Time Enrollment

90.6%

Full-Time Enrollment

The total enrollment at Indiana Wesleyan University-Marion in 2023, both undergraduate and graduate, is 2,207 students. The full-time enrollment at Indiana Wesleyan University-Marion is 2,000 and the part-time enrollment is 207. This means that 90.6% of students enrolled at Indiana Wesleyan University-Marion are enrolled full-time compared with 68.2% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at Indiana Wesleyan University-Marion (in red) compares to similar universities.

Retention Rate over Time

79%

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 Indiana Wesleyan University-Marion was 79%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Indiana Wesleyan University-Marion had a retention rate higher than its peers.

This chart shows the retention rate over time at Indiana Wesleyan University-Marion (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,785 enrolled students
Black or African American
111 enrolled students
Hispanic or Latino
100 enrolled students

The enrolled student population at Indiana Wesleyan University-Marion is 80.9% White, 5.03% Black or African American, 4.53% Hispanic or Latino, 2.58% Asian, 2.54% Two or More Races, 0.362% American Indian or Alaska Native, and 0.0453% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 50.1% White, 17.7% Hispanic or Latino, and 13.4% 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, 62 students (2.81%) did not report their race.

Graduates

In 2023, 194 more women than men received degrees from Indiana Wesleyan University-Marion. The most common race/ethnicity group of degree recipients at Indiana Wesleyan University-Marion is white (601 degrees awarded). There were 23.1 times more white recipients than the next closest race/ethnicity group, two or more races (26 degrees).

The most common Bachelor's Degree concentration at Indiana Wesleyan University-Marion is Registered Nursing (108 degrees awarded), followed by General Marketing & Marketing Management (37 degrees) and Elementary Education & Teaching (30 degrees).

In 2023, the most specialized majors across all degree types at Indiana Wesleyan University-Marion, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (47 degrees awarded), Public Administration and Social Service (50 degrees), and Philosophy and Religious Studies (7 degrees).

Common Jobs by Major

Physicians

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Indiana Wesleyan University-Marion are Physicians (412,429 people), Other managers (172,157 people), Social workers, all other (161,806 people), Postsecondary teachers (141,852 people), and Elementary & middle school teachers (119,671 people).

The most specialized majors at Indiana Wesleyan University-Marion in 2023 are Theology (47 degrees awarded), Public Administration and Social Service (50 degrees), Philosophy and Religious Studies (7 degrees), Parks, Recreation, & Leisure (22 degrees), and Biology (50 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 Indiana Wesleyan University-Marion are Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, Aircraft pilots & flight engineers, and Dentists

The most specialized majors at Indiana Wesleyan University-Marion are Theology (47 degrees awarded), Public Administration and Social Service (50 degrees), Philosophy and Religious Studies (7 degrees), Parks, Recreation, & Leisure (22 degrees), and Biology (50 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 Indiana Wesleyan University-Marion are Elementary & secondary schools (2,772,367 people), Colleges, universities & professional schools, including junior colleges (285,640 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (214,193 people), Religious organizations (163,442 people), and Individual & family services (149,969 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Indiana Wesleyan University-Marion.

Most Common (2023)

Registered Nursing
108 degrees awarded
General Marketing & Marketing Management
37 degrees awarded
Elementary Education & Teaching
30 degrees awarded

In 2023, the most common bachelors degree concentration at Indiana Wesleyan University-Marion was Registered Nursing with 108 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Indiana Wesleyan University-Marion according to their major.

Sex Breakdown for Common Majors

264

Degrees Awarded to Men

in 2023

458

Degrees Awarded to Women

in 2023

In 2023, 264 degrees were awarded to men at Indiana Wesleyan University-Marion, which is 0.576 times less than the number of degrees awarded to females (458).

This chart displays the sex disparity between the top 5 majors at Indiana Wesleyan University-Marion by degrees awarded.

Most Common Male Majors

In 2023, 21 degrees were awarded to men at Indiana Wesleyan University-Marion in General Finance, which is 5.25 times more than the 4 female recipients with that same degree.

Most Common Female Majors

In 2023, 94 degrees were awarded to men at Indiana Wesleyan University-Marion in Registered Nursing, which is 6.71 times more than the 14 male recipients with that same degree.

Time to Complete

62%

100% Completion Time

71%

150% Completion Time

In 2023, 62% of students graduating from Indiana Wesleyan University-Marion completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 71% completed their degrees within 150% of the normal time, and 72% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities 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.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Indiana Wesleyan University-Marion is Female and Asian (100% graduation rate). Across all Masters Colleges and Universities, 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, 2.72% of graduates (14 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
601 degrees awarded
Two or More Races
26 degrees awarded
Hispanic or Latino
25 degrees awarded

The most common race/ethnicity at Indiana Wesleyan University-Marion is white (601 degrees awarded). There were 23.1 times more white recipients than the next closest race/ethnicity group, two or more races (26 degrees).

2.63% of degree recipients (19 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
384 degrees awarded
White Male
217 degrees awarded
Hispanic or Latino Female
21 degrees awarded

The most common race/ethnicity and sex grouping at Indiana Wesleyan University-Marion is white female (384 degrees awarded). There were 1.77 times more white female recipients than the next closest race/ethnicity group, white male (217 degrees).

Operations

Indiana Wesleyan University-Marion has an endowment valued at nearly $266M, as of the end of the 2023 fiscal year. The return on its endowment was of 36.5M (13.7%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Indiana Wesleyan University-Marion had a total salary expenditure of 169M. Indiana Wesleyan University-Marion employs 79 Professors, 77 Assistant professors and 59 Associate professors. Most academics at Indiana Wesleyan University-Marion are Female Assistant professor (54), Male Professor (43), and Female Professor (36).

The most common positions for non-instructional staff at Indiana Wesleyan University-Marion are: Management, with 221 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 124 employees, and Office and Administrative Support with 106 employees.

Endowment

$266M

2023 Endowment

15.6%

growth from 2022

Indiana Wesleyan University-Marion has an endowment valued at about $266M, as of the end of the 2023 fiscal year. The endowment of Indiana Wesleyan University-Marion grew 15.6% from the previous year. The value of their endowment was $216M higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Indiana Wesleyan University-Marion (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Larger Programs Carnegie Classification grouping.

Salary Expenditure

$32.4M

2023 Salaries

2.95%

decline from 2022

In 2023, Indiana Wesleyan University-Marion paid a median of $32.4M in salaries, which represents 19.1% of their overall expenditure ($169M) and a 2.95% decline from the previous year. This is compared to a 1.13% growth between 2021 and 2022, and a 2.22% decline between 2020 and 2021.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

Instructional Salaries

$15.5M

Instructional Salaries

218

Number of Employees

In 2023, Indiana Wesleyan University-Marion paid a total of $15.5M to 218 employees working as instructors, which represents 47.7% of all salaries paid.

This is compared to a median of $1.12M (2.97%) for similar Masters Colleges and Universities.

Occupations by Share

Professor

Most Common Instructor

79 Employees

Management

Most Common Non-Instructional Employee

221 Employees

In 2023, the most common positions for instructional staff at Indiana Wesleyan University-Marion were Professor with 79 employees, Assistant professor with 77 employees, and Associate professor with 59 employees.

In 2023, the most common positions for non-instructional staff at Indiana Wesleyan University-Marion were Management with 221 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 124 employees, and Office and Administrative Support with 106 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Assistant professor
Male Professor
Female Professor

In 2023, the most common demographic for instructional staff at Indiana Wesleyan University-Marion was Female Assistant professor with 54 employees, Male Professor with 43 employees, and Female Professor with 36 employees.

This chart shows the sex split between each academic rank present at Indiana Wesleyan University-Marion.

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