Payback
EarningsPlus
Economic score
Iowa Wesleyan University is a private regional college located in Mount Pleasant, Iowa. Iowa Wesleyan University is very inclusive in their admissions.
Return on educational investment at Iowa Wesleyan University is in the bottom 10% of all ranked schools. The median student earns $45,066 10 years after enrolling, 24th in Iowa, and in the bottom 50% nationally. When adjusted for earning differences by major, Iowa Wesleyan University bachelor students earn 18% less than the national average.
Iowa Wesleyan University’s median net annual cost of $31,971 and average years to graduate of 4.1 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 3 programs at Iowa Wesleyan University sorted by number of graduates - Business Administration, Education, Registered Nursing - are shown below.
Annual net cost
$31,971
Average years to graduate
4.1
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
The average full-time graduate completes their degree in 4.1 years. 43% of all students graduate within 8 years including part-time students. The graduation rate at Iowa Wesleyan University is 22% lower than the state average, and 6% below the average for all regional colleges in the country.
At Iowa Wesleyan University, Pell Grant recipients represent 52% of the measured graduating class, 17% higher than the national average of 35%. The average Pell Grant recipient at Iowa Wesleyan University graduates within 4.1 years.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
Iowa Wesleyan University’s economic mobility score of 4.39 is calculated by adjusting the 12.41 economic score of lower-income students by the 52% pell grant recipients within the student body. Iowa Wesleyan University’s EMS of 4.39 ranks in the bottom 5% nationally. Please note that the economic mobility score considers only students that have graduated.
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Bottom 5%
The average Title IV recipient at Iowa Wesleyan University pays $31,971 a year, $8,819 less than the $40,790 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $31,971
Much of the gap between net price and sticker price is filled by institutional and government grants. At Iowa Wesleyan University, 97% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $31,971 on average to be covered by the student – be it through loans or out of pocket. In total, 92% of students take out loans, federal or private, at an average amount of $4,750. This is 38% more than the national average.
Federal grants
$4,286
Pell grants
$2,648
State grants
$2,586
Institutional grants
$10,172
Iowa Wesleyan University offers 5 online bachelor programs, 2 of which are held exclusively online. At the master’s level Iowa Wesleyan University offers 2 programs, one of which is held exclusively online. We use the IPEDS July '20 — July '21 Distance Education report to determine which programs are online. EarningsPlus data is provided when available.
Online programs
7
Hybrid programs
4
Percentage of programs online
35%
Iowa Wesleyan University's very inclusive admissions are indicated by their 82% acceptance rate. In 2021, the school had 3,934 applicants, of which 3,222 were admitted and 267 enrolled. Iowa Wesleyan University has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
Full time
85%
83%
Female
46%
59%
First time
48%
59%
In-state
17%
68%
1st generation
36%
35%
White
44%
52%
Black
22%
14%
Hispanic
7%
15%
Asian
N/A
5%
American Indian
1%
1.6%
Pacific Islander
N/A
0.3%
Other
26%
12%