Other Aid Options
There are several other aid options that might apply to certain students.
| Source | Eligibility | Amount | Comment |
|---|---|---|---|
| Ch. 33 GI Bill® and Yellow Ribbon | Eligible veterans and dependents. | Annually: Up to full tuition costs, plus a housing and book stipend. |
For more information, please see the Yellow Ribbon FAQ page. |
| 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. | Contact the Department of Military Science. |
| Air Force ROTC Scholarships | 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. Recipients are not eligible to receive Wheaton Merit or Wheaton Grant funds. | Contact Department of Aerospace Studies (off campus at 312.567.3525) Air Force ROTC- IIT |
| Federal Direct Unsubsidized Stafford Loans | 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 5.50% interest rate for loans first disbursed on or after July 1, 2023 and before July 1, 2024; Origination fee of 1.057% for loans first disbursed on or after October 1, 2020 and before October 1, 2024. |
| Federal Direct PLUS Loan for Parents | 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 8.05% interest rate for loans first disbursed on or after July 1, 2023 and before July 1, 2024; Origination fee of 4.228% for loans first disbursed on or after October 1, 2020 and before October 1, 2024. |
| On and off campus employment | Open to all students | Varies | Explore excellent opportunities through The Center for Vocation and Career. |
| Wheaton College Payment Plan | Open to all students/parents | Cost of budget less other financial aid | Monthly plans available. Contact Student Financial Services Office at 630.752.5700 |
| Outside Scholarships | 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. Details |
| 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 $2,500 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. |
GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government Web site at https://www.benefits.va.gov/gibill.