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Scholarships & Aid | Financial Aid

Wabash College has a long tradition of offering one of the most generous scholarship programs of any college or university in the country. The extraordinary generosity of Wabash alumni and friends over the years has enabled us to maintain this outstanding merit scholarship program. The information contained here should answer your basic questions about Merit Scholarships and our policies governing the same.

College Cost Transparency Initiative

 

Wabash College commits to the principles and standards within The College Cost Transparency Initiative. Wabash provides students with financial aid offers that are transparent, clear, accurate, and contain consumer-friendly information about college costs and financial aid eligibility.  

THE WABASH COLLEGE PROMISE

The Wabash Promise is based on our historic commitment to provide a superior liberal arts education to qualified men regardless of their financial circumstances. Our need-based aid and merit scholarships fulfill this promise.

Need-Based Financial Aid for Indiana Students

  • Academically qualified Federal Pell Grant recipients from Indiana will receive grants to reduce the balance in direct costs to $3,000 annually after utilizing Federal Loans.
  • Academically qualified students from families residing in Indiana with adjusted gross incomes up to $125,000 will receive grants to lower the Wabash tuition and fees equivalent to tuition and fees at the state’s flagship university.

Need-Based Financial Aid for students from Chicago, northern Illinois, southern Wisconsin and eastern Iowa

  • Academically qualified Federal Pell Grant recipients will receive grants to cover the balance of all tuition and fees not covered by government grants.
  • Application for admission must be completed by March 1, 2024.

Wabash College Merit-Based Scholarships

  • For Domestic Students Entering Wabash in 2024-2025
  • Scholarship amounts are renewable for 4 years.
  • Grades and test scores will be reviewed through May 1, 2024.
Unweighted
High School GPA
 
3.85+ up to $30,000 PRESIDENT'S SCHOLARSHIP
3.65–3.84 up to $27,000 PRESIDENT'S SCHOLARSHIP
3.45–3.64 up to $24,000 DEAN'S SCHOLARSHIP
3.25–3.44 up to $21,000 DEAN'S SCHOLARSHIP
3.00–3.24 up to $18,000 ALUMNI AWARD
  • Scholarship amounts within the ranges are determined by a holistic review of your academic achievements, including grade trend, strength of curriculum, test scores (if submitted), and class rank (if available)
  • If your scores or GPA are not on this list, contact us at admissions@wabash.edu or call 800-345-5385.
  • Wabash College practices test-optional admission. Applicants are not required to submit standardized test scores as part of their application for admission.
  • This review will place additional weight on the rigor of the applicant’s high school curriculum as well as his performance in his college preparatory courses.
  • All standardized test score submissions will be super scored.

Wabash Scholarships

Scholarship Value How to apply Selection Criteria
Early Decision Scholarship $3,000 in addition to your merit scholarship. Apply Early Decision to the College by November 15, 2023. A holistic review of your academic achievements, including grade trend, strength of curriculum, test scores (if submitted), and class rank (if available).
Wabash College Lilly Awards Tuition, standard fees, on-campus housing and food each year. More than $240,000 over four years.

Apply for admission and submit the Lilly Award application by January 7, 2024.

Based on character, creativity, and academic accomplishment. Applicants must meet 1 out of 3 of following criteria to apply:

  • a GPA of 3.5 (4.0 scale)
  • rank within the top 10 percent of your senior class
  • an SAT score of at least 1240 (EBR + M), or an ACT composite of 26

Finalists interviewed February 25-26, 2024.

Please read the application carefully for all requirements.

Honors Scholarships

$2,000 scholarship guaranteed (renewable for 4 yrs) with possibility of up to a full-tuition scholarship.

*Early Decision Applicants and Snodell Scholarship Eligible Students are not guaranteed $2,000 for this event. If you have questions please contact admissions@wabash.edu
Must apply for admission to the College by December 1, 2023. Attend Scarlet Honors Weekend, 
December 1-2, 2023 OR February 18-19, 2024.
Snodell Scholarships Up to $10,000 added to amount received in scholarship grid above. Awards are annually renewable for 4 years.

Complete application for admission.

Complete the FAFSA by March 1, 2024.

Based on residence in Chicago, northern Illinois, southern Wisconsin, and eastern Iowa.

Academically qualified Federal Pell Grant recipients will receive grants to cover the balance of all tuition and fees not covered by government grants.

Army ROTC Scholarship A value of $240,000 over four years. Complete application. For more information about this scholarship and requirements, see the bottom of this page.
  • Wabash College is a member of the NCAA Division III. Consequently, we cannot consider athletic participation, ability, or leadership roles in the awarding of Wabash Scholarships.
  • Free Application for Federal Student Aid (FAFSA) should be filed and include Wabash College school code 001844.

Award Eligibility Amount Comments
Federal Pell Grant Financial need; Must file a FAFSA Up to $7,395 Does not have to be repaid.
Federal SEOG Financial need; Must file a FAFSA $100 - $4000 Does not have to be repaid.
Federal TEACH Grant Must file a FAFSA Up to $4000 Does not have to be repaid unless student fails to carry out required service obligation.
Indiana Grants Indiana resident; Must file a FAFSA by state filing deadline. $900 - $13,300 Does not have to be repaid; Required to meet completion requirements to renew awards.
Wabash Grants Based on financial need as determined annually by the FAFSA Amount varies based on annual FAFSA data FAFSA must be filed annually. Does not have to be repaid.

Award Eligibility Amount Comments
Federal Direct Subsidized Loan Financial need; Must file a FAFSA

Freshman - $3500

Sophomore - $4500

Junior/Senior - $5500

Must be repaid with interest after graduation or separation from college.
Federal Direct Unsubsidized Loan Non-need based; Must file a FAFSA

Freshman - $5500 (less any subsidized funds received for the same period)

Sophomore - $6500 (less and subsidized funds received for the same period)

Junior/Senior - $7500 (less and subsidized funds received for the same period)

Must be repaid with interest after graduation or separation from the College; Additional unsubsidized funds available for students deemed independent by the Department of Education.
Federal Direct PLUS Loan Must file a FAFSA Up to total cost of attendance less other financial assistance received Parent borrows on behalf of the student to cover expected contribution; Must be repaid with interest.
Private Loans Non-need based Up to total cost of attendance less other financial assistance received Must be credit-worthy or have a credit-worthy co-signer; Must be repaid with interest.
Federal Work Study Must file a FAFSA Amount varies Money earned while attending school; Does not have to be repaid.

Tuition Exchange and GLCA Tuition Remission Exchange are tuition benefits for employees of certain post-secondary institutions and their dependents. The employing institution (also called the “home” or “exporting” institution) determines eligibility for either program. Eligible employees should contact the Tuition Exchange or GLCA Tuition Remission Exchange representative at their home institution (typically in the human resources or financial aid offices) to initiate the application process.

Tuition Exchange —Students must apply for admission to Wabash College and designate Wabash on the Tuition Exchange application no later than December 1. Selections are made on a competitive basis; typically, two or three new applications are approved to be imported each year. Applicants are notified by mid-December of the selection committee’s decision. Tuition Exchange is valued at full-tuition each year.

GLCA Tuition Remission Exchange (TRE)—Students should apply for admission to Wabash College no later than December 1. TRE is valued at full-tuition, minus 15% of the mean charge of tuition for the participating colleges.

Both benefits are available for eight semesters and students must make satisfactory academic progress to retain eligibility. The parent/guardian eligible employee must reapply with and be approved by the home institution each year. Students should complete the FAFSA (Free Application for Federal Student Aid) each year to apply for other federal and/or state grant assistance. Recipients of Tuition Exchange and the GLCA Tuition Remission Exchange benefits are not eligible for Wabash merit-based assistance.

Wabash College is an active participant in the Department of Defense Voluntary Education Partnership Memorandum of Understanding.

ARMY ROTC Scholarship Program

The Army ROTC Scholarship program provides up to three scholarships for entering Wabash freshmen each year who are chosen by the Army to participate in the ROTC program. The scholarships will cover the full cost of tuition and on-campus housing and food at Wabash, as well as all costs associated with ROTC courses. Scholarship Cadets are also given a book allowance of $600 per semester along with a $420 per month, tax free stipend allowance during each school year. The value for four-year participants is in excess of $240,000.

Up to five additional freshmen selected for the ROTC program will receive a Wabash ROTC Scholarship and on-campus room and board their first year. These students will receive full-ride scholarships for their remaining three years at the College.

The minimum standards that must be met in order to be eligible for a scholarship are:

  • Be a U.S. citizen
  • Be between the ages of 17 and 26
  • Have a high school or college Cumulative GPA of at least 2.50
  • Have a high school diploma or equivalent
  • Score minimum of 1000 on the SAT or 19 on the ACT
  • Meet the minimum physical standards of the Army Physical Fitness Test
  • Be medically qualified through the Department of Defense Medical Evaluation Review Board (DODMERB) or a Military Entrance Processing Station (MEPS)
  • Agree to accept a commission and serve in the Army on Active Duty or in a Reserve Component - (U.S. Army Reserve or Army National Guard)

When you apply for the Army ROTC program, you will need to select Wabash College, while we are in the process of adding Wabash College as an option on the application. You can access the Army ROTC application HERE.

Should have any difficulty, please contact our partner at Purdue, Paul Heslin at pheslin@purdue.edu.