Affordability, Quality & Value
In the changing landscape of today’s education, “private” no longer equates to “unaffordable.” In fact, private colleges are now more competitive with public institutions than ever before.
By the numbers
- 95% of all SMWC students receive financial aid.
- The National Association of Independent Colleges and Universities reports a $12,460 average total cost to attend a private four-year college in 2013-2014, which is less than half the $30,090 published tuition at those schools.
- SMWC offers a discount rate of over 50% in the cases of some students
“We look at the need of each individual student and try to fill that need. Each student is reviewed individually to ensure all financial aid options have been utilized. We package using a financial aid matrix designed specifically for SMWC. This tool allows us to offer institutional awards that makes our tuition competitive with other private and public colleges – making a private college education attainable.”
SMWC Executive Director of Financial Aid Darla Hopper
Additionally, the value of a private education is apparent in the benefits that it provides students:
- Higher Graduation Rates: Students at Indiana’s private, non-profit campuses are twice as likely to graduate in four years as students at other types of institutions.
- Availability of Financial Aid: More than 90 percent of students at Indiana's private colleges receive one or more types of financial aid (state, federal, institutional aid, and/or special scholarships), making a private college education affordable and often no more expensive (and sometimes even less so) than a state university.
- Personal Attention: Class size at Indiana’s private colleges and universities averages 14 students to one professor, and graduates are more likely to report that they are “highly satisfied” with the quality of their education.
- Opportunities for Leadership: With smaller and more personal learning environments, there are more opportunities for students to be involved in extracurricular activities of all sorts, further developing their leadership skills.
SMWC makes available more than 50 types of scholarships and grants as well as 45 endowments to students who desire a private educational experience. A few of the top opportunities include:
- Wabash Valley High School Scholarship offers a 50 percent tuition scholarship (approximately $14,500) to students who graduated high school in the seven-county area (Clay, Parke, Sullivan, Vermillion or Vigo in Indiana, and Clark or Edgar in Illinois). To qualify, Wabash Valley students must be admitted and attending SMWC full-time in a degree-seeking campus program.
- The 21st Century Scholarship is a needs- and performance-based program that provides students the opportunity to earn up to a four-year scholarship at an Indiana college or university. At SMWC, students may receive $21,000 by maintaining a 3.0 GPA or $15,000 by maintaining a 2.5 GPA.
- Saint Mother Theodore Guerin Scholarship is the College’s most prestigious award. The scholarship is based on academics, community involvement and extracurricular activities. Of the seven annual Saint Mother Theodore Guerin award winners, two students receive full-tuition and five receive $17,000.
For more information on the financial aid opportunities at SMWC, visit Financial Aid or contact Darla Hopper at or (812) 535-5110.