Wartburg College
Waverly, IA 50677-0903

Financial Aid

Average Institutional Grant

In the 2016-2017 academic year, full-time freshman students of Wartburg College were awarded a total amount of $9,233,152 in grant and $1,625,109 in federal student loans. 97% of freshman students received some type of financial aid either in the form of grant or scholarship from the federal, state or local government and the institution. 73% of the freshman students received federal student loan.

The following tables details the breakdown of all types of financial aid awarded to full-time undergrad students who entered the college in Fall 2016

Grant & Scholarships

Students Receiving Aid Average Amount Total Amount
Pell Grant 97 27% $4,377 $424,526
Other Federal Grant 102 28% $743 $75,834
State Grant/Scholarships 118 32% $5,412 $638,568
Institutional Grant/Scholarships 352 96% $22,995 $8,094,224
Total Grant & Scholarships 354 97% $26,082 $9,233,152

Student Loans

Students Receiving Loans Average Amount Total Amount
Federal Student Loans 268 73% $6,064 $1,625,109
Private Loans 40 11% $12,489 $499,566
Total Loans 268 73% $7,928 $2,124,675

Student Loan Default Rate

Current default rate
Fiscal year - 2014

The following table shows Federal Family Education Loan (FFEL) Program and William D. Ford Federal Direct Loan (Direct Loan) borrowers statistics and default rates for Wartburg College from 2012 to 2014 and comparisons between the school's default rates and similar schools in the state and national average.

Default Rate
Fiscal Year Borrowers Defaulters School State Avg. National Avg.
2014 466 17 3%
2013 465 27 5%
2012 547 22 4%
  • Fiscal Year - October 1 to September 30
  • Borrowers - Total number of borrowers who entered into repayment in the fiscal year.
  • Defaulters - Number of borrowers who defaulted in the fiscal year.
  • School - Wartburg College's default rate
  • State Avg. - Iowa's 4 year colleges average default rate
  • National Avg. - National average default rate of 4 year colleges

Financial Aid by Income Level

This section details the amount of financial aid provided to Wartburg College students over the past 5 years. The data is categorized into 5 income brackets. Click on each income bracket to view the amount of finanical aid provided and the number of recipients for the past 5 years.

Net Price

Average Net Price

Weather your family is financially well-off or unaffluent, you might be eligible for some type of financial aid in the form of grant, loan or scholarship. No matter what your situation is, you should first apply for Federal Student Aid (FAFSA). Colleges and universities use the information from your FAFSA and federal tax return to calculate your Expected Family Contribution (EFC). Your EFC determines how much financial aid you're eligible to receive.

This section details the net prices paid by students in the 2016-2017 academic year at Wartburg College. The amounts are averaged out for 5 family income brackets.

Here is a simple formula to calculate your net price or use the link below to estimate your net price more accurately.

Net Price = Sticker Price - Financial aid

Financial aid include: federal, state or local government grants and institutional grants and scholarships

Average Net Price by Family Income

Family Income Average Net Price
Less than $30,000$15,716
$30,000 to $48,000$15,739
$48,000 to $75,000$20,396
$75,000 to $110,000$24,676
Over $110,000$27,183
Get your personal estimate

Veterans and Service Members

Average Financial Aid

The following section details the amount of financial aid provided to veteran students and their family members at Wartburg College.

Unlike other types of government financial aid, veterans financial aid is available to both undergraduates and graduate students.

Post-9/11 GI Bill

Yellow Ribbon Program

Learn more about financial aid for veterans

Financial Aid Deadlines

March 1

  • Financial aid application (priority)

Campus Location

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Nearby Colleges

Nearby 4 year colleges within 100 mile radius of Wartburg College.

Allen College
15.4 mile away
Upper Iowa University
35.4 mile away
Luther College
53 mile away
Mount Mercy University
65.6 mile away
Coe College
66.2 mile away
Grinnell College
68.8 mile away
Cornell College
77.2 mile away
Divine Word College
81 mile away