Dr. Jon S. Kulaga President | Indiana Wesleyan University-Marion
Dr. Jon S. Kulaga President | Indiana Wesleyan University-Marion
Data shows that students paid $19,427 on average to attend higher education courses at the time, $442 more than the previous school year.
Among the three institutions in the county, Taylor University stood out with the highest tuition fees, reaching an average of $37,476. Indiana Wesleyan University-Marion followed with an average of $29,684 per year. Indiana Wesleyan University-National & Global students were offered the lowest annual tuition fees at $8,120.
At the time, a total of $28.3 million in grants or scholarships were awarded to full-time undergraduates who started at the Grant County universities in the 2022-23 school year. Additionally, federal student loans reached $7.8 million.
Currently there are three higher education institutions in Grant County, including Indiana Wesleyan University-Marion, Taylor University, and Indiana Wesleyan University-National & Global.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
Institution | Number of Students Receiving Grants | Total Amount of Grants Received | Average Amount of Grant Per Student | Number of Students Receiving Loans | Total Amount of Loans Received | Average Amount of Loans Per Student |
---|---|---|---|---|---|---|
Indiana Wesleyan University-National & Global | 553 | $3,322,648 | $6,008 | 525 | $3,027,959 | $5,768 |
Taylor University | 519 | $13,612,918 | $26,229 | 203 | $1,512,926 | $7,453 |
Indiana Wesleyan University-Marion | 580 | $11,365,201 | $19,595 | 467 | $3,276,053 | $7,015 |