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Sources of 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.

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 cover the balance of all tuition and fees not covered by government grants.
  • 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 to the equivalent to tuition and fees at the state's flagship university.
  • Application for admission must be completed by March 1, 2021.

Need-Based Financial Aid for 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, 2021.

WABASH COLLEGE MERIT-BASED SCHOLARSHIPS                                                             

For Domestic Students Entering Wabash in 2021-2022 

Scholarship amounts are renewable for 4 years. 

Grades and test scores will be reviewed through May 1, 2021.

2021-2022 Scholarship Grid

If your scores or GPA are not on this list, contact us at admissions@wabash.edu or call 800-345-5385.

For the 2020-2021 enrollment cycle, Wabash College will practice test-optional admission. Applicants are not required to submit standardized test scores as part of their application for admission.

Students who choose not to submit standardized test scores will still be considered for merit-based scholarships. 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.

Scholarship Value How to apply Selection Criteria

Wabash College Lilly Awards

Tuition, standard fees, on-campus room and board each year.  More than $200,000 over four years.

Apply for admission and submit the Lilly Award application by January 6, 2021.

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 21-22, 2021. 

Please read the application carefully for all requirements.

Honors Scholarships

$1,000 scholarship guaranteed (renewable for 4 yrs) with possibility of up to a full-tuition scholarship. 

Register for Scarlet Honors Days and attend ONE day of the 3-day event (90 minute session).

For more information about this event and to register, please visit the event page.

Snodell Scholarships

Up to $15,000 added to amount received in scholarship grid above. Awards are annually renewable for 4 years and the maximum amount awarded is $37,500.

Complete application for admission.

Complete the FAFSA by March 1, 2021.

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 requirments, 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 by January 15, 2021 under code 001844.

GRANTS

Award Eligibility Amount Comments
Federal Pell Grant Financial need; Must file a FAFSA Up to $6,345 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 April 15, 2021 $900 - $10,100 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.

LOANS and WORK

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 Remission and Exchange Policy

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.

Department of Defense Voluntary Education Partnership

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 room and board 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 Purdue University, 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