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Financial Info
A college education is an investment. It’s an investment of time, certainly. And it’s an investment of resources. Before making such expenditure, you must answer a question: Is it worth it?
Wheaton has been a leader in Christian higher education for more than 140 years, but its reputation extends beyond the Christian community. U.S. News & World Report, Peterson’s, National Review, and others rank Wheaton in the top 100 national liberal arts colleges.
The cost of a Wheaton College education is remarkably low compared to costs at private institutions of similar quality:
- Out of 124 colleges classified with us in the top two tiers of National Liberal Arts Colleges in U.S. News & World Report’s Annual Best Colleges, Wheaton’s tuition ranks 108th (a "1" ranking being the most expensive).*
- Out of 13 colleges in the Christian College Consortium, Wheaton’s tuition ranks 5th.
- Publications such as Barron’s and Kiplinger’s consistently rate Wheaton as a “best buy."
Realizing that a private college education is costly, Wheaton is committed to providing the necessary need-based financial aid so students can attend. Last year, Wheaton awarded over $12 million in grants and scholarships and over $5.7 miillion in loans.
In addition, Wheaton recently changed its financial aid policies to:
- Change from a loan-first policy to one awarding grants first to meet need.
- Cap the amount of money in loans a student is awarded by the school at $5,500 per year.
Fifty-five percent of students graduating in the class of 2008 received student loans. Their average college loan at graduation was $20,349. This figure is notably low given that the cost of tuition, room and board for just one year is currently $33,118.
Since its founding, Wheaton has emphasized academic rigor and biblical values, and in this new century dares to continue integrating faith and learning across the disciplines. Few schools approach education this way. Few have better results. A Wheaton education builds into its graduates the ideals and skills that are invaluable in an ever-changing world: integrity, critical thinking, and the capacity to learn throughout a lifetime.
Wheaton College has the resources to uphold such standards – not only with well-equipped facilities, but more importantly with a faculty communitydedicated to teaching and mentoring. Wheaton’s professors understand that the end of the class period does not signal the end of their teaching or their students’ learning. These professors are dedicated to preparing their students to thrive in a world that’s constantly changing.
Is it worth it? Becomes a highly personal question, but year after year, more than 2,400 students and their families answer, “Yes, it is.”
*Figures based on out-of-state tuition for all institutions
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