THE VALUE OF
THE WHEATON INVESTMENT
THE BOTTOM LINE There’s a lot of talk these days about the cost of a college education, about what you pay, what you get and the lifelong impact of that exchange. At Wheaton, your college education is an investment we make together: a partnership between the student and our vibrant academic community. This is not a one-sided transaction but a collaboration. College is a significant investment, and we dedicate a great deal of resources to ensure that a Wheaton education is within reach for talented students from every background.
Wheaton also invests in students through the Wheaton Edge: an institutional guarantee that every student will receive funding for an internship, research project or other experiential learning opportunity before graduation. (More on that later.)
In 2015–16, Wheaton students overall received:
• Need-based financial aid $41.4 million • Merit-based awards
The incoming Class of 2020 received:
• Average need-based package $40,533 • Average merit-based award
need is determined using the Free Application for Federal Student Aid (FAFSA) and CSS Profile forms. Need-based aid includes grants, scholarships, loans and work awards from Wheaton as well as federal and state sources.
and merit-based packages are for the Class of 2020, as of July 22, 2016.
I come from a low-income family, but Wheaton has been excellent in finding ways to make tuition more affordable. I had two jobs my first year, one with Arts Events and one in the Physics Department.
Getting a job in the department of my intended major allowed me to get to know some of the upperclassmen and my classmates better. I was able to find mentors and make friends.
— Grace Genszler ’18, Ashland, Wisc. Majors: Physics / prospective dual degree in engineering through Dartmouth College partnership
THE PAYOFF Wheaton graduates have what employers want: field-specific expertise, a broad knowledge base and the ability to think critically and solve problems. Our graduates also leave with less debt. About 65 percent of students borrow to help with educational costs, with an average debt of $29,651 after four years (the average debt for all private colleges in Massachusetts is $29,668). And only 5 percent of first-year students at Wheaton rely on private loans to pay for college, compared to the state average of 11 percent.
Graduate or professional school
Volunteer and national service (AmeriCorps, City Year)
Fellowships: Fulbright (15), Watson (4), Other (2)
Success Rate Success Rate
Data based on a knowledge rate of 76 percent for the classes of 2014 and 2015
A COMPETITIVE EDGE Wheaton understands that the best way to learn is by doing. Since 1986, our Filene Center for Academic Advising and Career Services has been helping students connect to work experiences that teach, excite and guide them down their ideal career paths. Starting with the Class of 2019, Wheaton expanded its internship program with the “Wheaton Edge”—a guarantee that every student will receive the funding necessary to complete an internship or similar opportunity before graduation.
Wheaton invests $1.2 million annually in internship stipends through the Wheaton Edge Many Wheaton students are able to secure paid internships through our vast network of more than 700 career partners around the world, including some of the top employers in the country. Others find paid positions with faculty, working on cutting-edge research funded by organizations such as NASA and the National Science Foundation. Other students will receive stipends from the college to cover travel or housing expenses, equipment and other costs or to ensure they don’t have to choose a paycheck over career experience. These stipends can be applied to programs over summer, winter or spring breaks, during the academic year or as part of a study-abroad program.
Recent Wheaton-funded student internships Africare Atlas Mara
Boston Attention and Learning Laboratory Bottlenose Dolphin Research Institute Brooklyn Boatworks Child Family Health International DanaFarber Cancer Institute Fighting Words Dublin ImprovBoston Legal Aid Society of Cleveland Lexomics Research Group Massachusetts State House MassChallenge Inc. Nantucket Magazine New England Aquarium Newport Hospital Lyme Disease Clinic Rhode Island Hospital Social Innovation Forum South Rivers Watershed Association Southwick’s Zoo Stockholm International Peace Research Institute Tufts University School of Medicine U.S. Attorney’s Office, Southern District of New York U.S. Department of Homeland Security Vermont Refugee Resettlement Program Wellfleet Bay Wildlife Sanctuary White House World Wildlife Fund WPRI 12 Eyewitness News
Attleboro Arts Museum
I used the stipend from my merit-based
Balfour Scholarship to intern at the Library
of Congress in Washington, D.C., and a Davis Fellowship to conduct independent research
on the Irish writer James Joyce for my honors thesis in Dublin, Ireland. I was able to study under Joyce scholars and learn different perspectives, approaches and angles in
Joyce studies. Both of these experiences were excellent and would not have been
possible without Wheaton’s financial support. — Eric Esten ’16, Smithtown, N.Y. Major: English
JOBS ON CAMPUS More than half the student population at Wheaton is employed on campus during the academic year (52 percent in 2015–16). These students work a range of jobs, from building manager to social media assistant, athletic trainer to sustainability advocate. They make money to put toward their educational costs, but they also gain real-world skills and knowledge. Through the Student Employment Program, part of Student Financial Services, Wheaton students can find jobs both on and off campus that fit with their interests and career goals. Students receiving Federal Work-Study funding as part of their financial aid packages typically receive hiring priority, although campus jobs are also open to non work-study applicants, including international students.
Every September, the Student Employment staff hosts a job fair to introduce students to the many work opportunities around the Wheaton campus. Student Employment also maintains an online jobs board.
826 students worked on campus in 2015–16
63 percent of employed students were on Federal Work-Study $1,675 average work-study allotment offered to students
TOP CAMPUS EMPLOYERS – Athletics Department – Biology Department
– Filene Center for Academic Advising and Career Services – Library and Information Services
– The Lyons Den (student-run coffeehouse, pictured at right) – Office of Student Activities, Involvement and Leadership
My job as a student employee with Media Services has been one of my best experiences at Wheaton. I have learned so much about classroom technology and the behind-the-scenes set-ups for events that make Wheaton a spectacular place. I have also developed an amazing
relationship with my boss, who is a great mentor and has helped me in getting great opportunities, such as summer internships. — Marilú De Arcos ’16, Lawndale, Calif. Majors: Economics / Women’s and Gender Studies
The Lyons Den, Wheatonâ€™s student-run coffee house, employs roughly 40 Wheaton students each semester.
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As a Balfour Scholar, I used my merit-based scholarship stipend last summer for an independent research project and was awarded a
Wheaton Fellowship this summer to fund my internship at the Martha’s Vineyard Museum. On campus, I’m a student coordinator with the President’s Office and the senior intern for Wheaton’s Permanent
Collection. Both jobs have been extremely rewarding, for both the
experience I’ve gained and my decision to pursue a graduate degree in museum studies.
— Lauren Robinson ’16, Hadley, Mass. Majors: English / History
Published on May 13, 2016
An overview of the investment partnership within a Wheaton College education, including an overview of internships, research projects and ad...