Other Aid Options
There are several other aid options that might apply to certain students.
Source |
Eligibility |
Amount |
Comment |
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Ch. 33 GI Bill and Yellow Ribbon
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Eligible veterans and dependents. | Annually: Up to full tuition costs, plus a housing and book stipend. |
For more information, please see Yellow Ribbon FAQ | |||
| Army ROTC Scholarships | Outstanding Students interested in ROTC |
Annually: full tuition, plus book allowance and additional per month living allowance during school year. Recipients are not eligible to receive Wheaton Merit or Wheaton Grant funds.
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Contact Department of Military Science | |||
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Outstanding students interested in ROTC | Annually: varies and can be awarded up to full tuition, a book allowance, and a monthly living allowance during school year | Contact Department of Aerospace Studies (off campus at 312.567.3525) Air Force ROTC- IIT | |||
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Federal Direct Unsubsidized Stafford Loans
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Students who do not demonstrate need; must complete FAFSA | Up to $5,500 for freshmen; $6,500 for sophomores; $7,500 for juniors and seniors | Student is responsible for interest accrued during in-school deferment; Fixed 4.45% interest rate for loans first disbursed on or after July 1, 2017 and before July 1, 2018; Origination fee of 1.069% for loans first disbursed on or after 10/1/16 and before 10/1/17. | |||
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Federal Direct PLUS Loan for Parents
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Available to parents. Not based on need, but parents are subject to credit analysis: FAFSA must be submitted | Cost of attendance less financial aid accepted | Fixed 7% interest rate for loans first disbursed on or after July 1, 2017 and before July 1, 2018; Origination fee of 4.276% for loans first disbursed on or after 10/1/16 and before 10/1/17. | |||
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On and off campus employment
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Open to all students | Varies | Explore excellent opportunities through the Center for Vocation and Career. | |||
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Wheaton College Payment Plan
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Open to all students/parents | Cost of budget less other financial aid | Monthly plans available. Contact Student Financial Services Office at 630.752.5700 | |||
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Varies | Varies | ||||
| Bennett Fund--Debt Relief for Missionaries | Undergraduate student or alumnus with school debt who is called to overseas missions work. | Varies |
Loan forgiveness opportunity for graduating students and alumni called to overseas missions work. |
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| James Dixon Summer Internship Award | Undergraduate students who will be doing a summer internship in a church and demonstrating a commitment to service in the local church. | Award of minimum $2,000 available | The application process begins in the spring preceding the summer in which the internship will be carried out. For details, contact: Dan Haase, Internship Coordinator, in the School of Mission, Ministry, and Leadership at 630.752.7953. |