Illinois Wesleyan University

Illinois Wesleyan University is a selective private nonprofit university in Bloomington, Illinois. It admits about 1 in 3 applicants, graduates 75% of its students within six years, and its former students earn a median $70,871 ten years after starting college, more than 82% of the Illinois colleges we cover.

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Acceptance rate
39%

More selective than 94% of Illinois colleges we cover.

College Scorecard, Fall 2024 entering class

What your family pays
$28,199 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $70,700. College Scorecard.

Graduation rate
75%

Higher than 87% of Illinois colleges we cover and 85% of colleges nationwide. U.S. median 54%.

Within 6 years · College Scorecard

Earnings after college
$70,871

Higher than 82% of Illinois colleges we cover and 86% of colleges nationwide. U.S. median $53,263.

Median, 10 years after starting · College Scorecard

IWU acceptance rate & admissions

Of 6,128 applicants, Illinois Wesleyan University admitted 2,768 and 441 enrolled (IPEDS, Fall 2023 entering class). The middle half of enrolled first-year students scored 1120–1340 on the SAT or 25–30 on the ACT.

6,128
Applied
2,768
Admitted
441
Enrolled

IPEDS Admissions, Fall 2023 entering class

SAT total, middle 50% of first-years1120–1340
ACT composite, middle 50% of first-years25–30
First-years who sent SAT scores26%
First-year students who return80%
Pell Grant recipients26%
First-generation students18%
Women / men50% / 50%

Test scores: College Scorecard, Fall 2024. Other figures: College Scorecard; IPEDS

IWU tuition, cost & net price

What families actually pay per year, by income

Average net price after grants and scholarships for students who receive federal aid. Tap your income band.

College Scorecard, latest reported year (federal aid recipients)

Sticker price (before aid)

Tuition & fees$57,704
Housing & meals, on campus$12,930
Books & supplies$800
Total cost of attendance$70,700

IPEDS 2023-24 cost items; total from College Scorecard

Median debt at graduation$23,221
Loan default rate2.4%3-year rate, 2017 repayment cohort

College Scorecard; Urban Institute Education Data Portal

Full cost breakdown, in-state vs out-of-state →

What IWU costs to finish, and how fast it pays back

Graduates of Illinois Wesleyan University took 4.1 years on average to finish, so the yearly price adds up to the total below. Payback compares former students' earnings with what high school graduates earn in Illinois. The figures follow your residency and income choices above.

Family incomeNet price / yrCost to finishYears to pay back
$0–30k$17,732$72,1692.1 years
$30–48k$19,057$77,5622.2 years
$48–75k$23,152$94,2292.7 years
$75–110k$27,396$111,5023.2 years
$110k+$37,104$151,0134.3 years

Cost to finish = yearly price × 4.1 years, the average time graduates took (78% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of former students 10 years after starting ($70,871) minus $35,797 for high school graduates ages 25-34 in IL (Census ACS 2020-2024), a gain of $35,074 a year. Before taxes, loan interest and earnings given up while in school. Method

College Scorecard (net price, earnings); IPEDS Graduation Rates (time to finish); U.S. Census Bureau ACS (high school earnings). Calculated by EducationGuide.

Best-value colleges in Illinois for your income →

IWU majors, earnings & careers

Illinois Wesleyan University offers 43 bachelor's majors across 8 areas. Earnings below are for this school's graduates of each major, four years after finishing.

  • Humanities & Languages · 14
  • Business & Finance · 8
  • Science & Math · 7
  • Social Sciences & Public Service · 5
  • Arts & Design · 3
  • Education · 3
  • Health & Medicine · 2
  • Technology & Computing · 1

Highest-earning majors at IWU

MajorEarnings, 4 yrsMedian debt
Finance$101,609$26,000
Accounting$97,022$27,000
Nursing$84,527$27,000
Business Administration$71,088$27,000
Biology$62,541$27,000
Psychology$57,839$27,000
English$51,107—
Theatre$31,172$27,000
Quick list of all 43 majors
  • Accounting$97,022
  • Anthropology—
  • Biochemistry—
  • Biology$62,541
  • Business—
  • Business Administration$71,088
  • Chemistry—
  • Classical and Ancient Studies—
  • Computer Science—
  • Economics—
  • Education—
  • Education (Elementary / Secondary)—
  • Education (Subject Teaching)—
  • English$51,107
  • Entrepreneurship—
  • Environmental Science / Conservation—
  • Ethnic / Gender Studies—
  • Finance$101,609
  • German—
  • History—
  • Interdisciplinary Studies—
  • International / Global Studies—
  • International Business—
  • International Relations—
  • Kinesiology / Exercise Science—
  • Liberal Arts / General Studies—
  • Literature—
  • Marketing—
  • Mathematics—
  • Multi / Interdisciplinary Studies, Other—
  • Music—
  • Neuroscience—
  • Nursing$84,527
  • Philosophy—
  • Physics—
  • Political Science—
  • Psychology$57,839
  • Religious Studies—
  • Sociology—
  • Spanish / French / Romance Languages—
  • Studio Art—
  • Theatre$31,172
  • Writing—

— means too few graduates to report earnings.

College Scorecard field of study, latest release

All majors by area with earnings 1 and 4 years out, and debt →

Business Administration → Management analyst

$113,110
Bloomington
$104,270
Illinois
$101,860
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 10.1% from 2025 to 2035.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35

Accounting → Accountant / auditor

$76,510
Bloomington
$80,230
Illinois
$83,680
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 5.0% from 2025 to 2035.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35

Living in Bloomington

Cost of living
6% below the U.S. average

Overall prices in the Bloomington, IL area.

BEA Regional Price Parities, 2024

Off-campus rent, 1 bedroom
$996/mo

2 bedrooms $1,287. Housing costs 25% below the U.S. average.

HUD Fair Market Rent, FY2027

Weather
33° / 86°

January and July average highs. 39 inches of rain a year, 7 inches of snow.

NOAA Climate Normals 1991-2020

Natural hazard risk
Relatively Moderate

Highest: winter weather (relatively high).

FEMA National Risk Index, McLean County

Campus & students

Total enrollment (incl. graduate)1,576
First-year students from Illinois77%
Next most common home statesLouisiana, California, Wisconsin
AthleticsNCAA Division III with football · 12 sports
Undergraduate degrees awarded, 2023-2499% bachelor's · 1% certificates
Campus typeHighly residential
Student bodyWhite 64% · Hispanic 12% · Black 8% · Asian 6%International 5%

IPEDS fall enrollment; Carnegie Classification; EADA via Urban Institute

McLean County at a glance

Population171,556
Median household income$79,905
Adults with a bachelor's degree47%
Median age34

U.S. Census Bureau, ACS 5-year 2024

Compare IWU with similar schools

Similar private colleges in Illinois by selectivity, graduation rate and size. Tap “Why?” to see where the price difference comes from.

SchoolAcceptanceYou'd payGraduationEarnings, 10 yrsPrice gap
Illinois Wesleyan University39%$28,19975%$70,871This school
Principia College44%—74%—
Lake Forest College57%$28,67378%$61,825
Judson University48%$18,55860%$56,313
Illinois Institute of Technology55%$18,42575%$82,592

College Scorecard, latest reported year. “You'd pay” follows your residency and income choices above.

Common questions about IWU

What is the IWU acceptance rate?

Illinois Wesleyan University accepts 39% of applicants (College Scorecard). In the latest IPEDS admissions year, 2,768 of 6,128 applicants were admitted. The middle half of enrolled first-year students scored 1120–1340 on the SAT or 25–30 on the ACT.

How much does Illinois Wesleyan University cost per year?

The sticker price (cost of attendance) is $70,700 a year. After grants and scholarships, students receiving federal aid pay $28,199 a year on average; families earning $0–30k pay $17,732 and families earning $110k+ pay $37,104.

How much do IWU graduates earn?

Former Illinois Wesleyan University students earn a median $70,871 ten years after starting college, compared with a U.S. median of $53,263 across the colleges we cover.

What is the IWU graduation rate?

75% of first-time, full-time students graduate within six years, and 80% return for their second year.

How long does a IWU degree take to pay off?

For a family earning $48–75k, finishing at Illinois Wesleyan University costs about $94,229 after grants ($23,152 a year for 4.1 years, the average time graduates took). Former students earn a median $70,871 ten years after starting, $35,074 more than high school graduates in Illinois ($35,797), so the cost is repaid in 2.7 years of that gain, before taxes and interest (EducationGuide calculation).

Is IWU the right fit for your family?

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Sources on this page: U.S. Department of Education College Scorecard and IPEDS; U.S. Census Bureau (ACS); Bureau of Labor Statistics (OEWS, Employment Projections); Bureau of Economic Analysis; HUD; NOAA; FEMA; Urban Institute Education Data Portal (ODC-By); Wikidata. “Colleges we cover” means colleges awarding bachelor's degrees to at least 100 undergraduates. Averages are not quotes; confirm costs with the school. How we score
Data: download this school's data (JSON) · Markdown · all datasets
Cite this: “Illinois Wesleyan University: cost, admissions and outcomes,” EducationGuide.com, https://educationguide.com/colleges/illinois-wesleyan-university (College Scorecard and IPEDS data).