Financial Scenarios

Funding Your Next Vocational Step

Graduate school is a significant investment of time, energy, and money. We want to honor both the education you receive and how you plan your budget.

Our student financial services office aims to serve you. They can assist you in understanding how much your graduate studies will cost and what scholarships, loans, and aid may be available to you.  If you have questions or concerns: email sfs@wheaton.edu or Schedule an Appointment with SFS.

Though each person’s financial situation is different, here are three potential scenarios and ideas to help you consider your next vocational step.

NOTE: These examples are for illustrative purposes; individual circumstances may differ. The calculations below are based on the 2023 - 24 M.A. per credit hour tuition and do not reflect indirect costs, such as moving or living expenses or travel costs associated with in-person intensives for hybrid students. Please see Graduate School Tuition and Fees for current tuition costs.

1-Year Scenario (on campus)

$23,160 net cost
Tuition of $29,160 minus $6,000 from part-time work = $23,160. Many of our students work about 10 hours a week, often in humanitarian-related jobs. Savings, loans, scholarships, or other sources cover the rest.
A student will take 12 courses (36 credits) in 4 semesters.

2-Year Scenario (hybrid or on campus)

Year 1 - $12,580 net cost
Tuition of $14,580 minus $2,000 if a student’s organization provides this in professional development support.
A student will take 5 courses (18 credits) in 3 semesters.

Year 2 - $12,580 net cost
Tuition of $14,580 minus $2,000 if a student’s organization provides this in professional development support. 
A student will take 7 courses (18 credits) in 4 semesters.

 

3-Year Scenario (hybrid)

Year 1 $7,720 net cost
Tuition of $9,720 minus $2,000 if a student’s organization provides this in professional development support.
A student will take 3 courses (12 credits) in 3 semesters.

Year 2 $6,100 net cost
Tuition of $8,100 minus $2,000 if a student’s organization provides this in professional development support.
A student will take 4 courses (10 credits) in 3 semesters.

Year 3 $9,340 net cost
Tuition of $11,340 minus $2,000 if a student’s organization provides this in professional development support.
A student will take 5 courses (14 credits) in 3 semesters.

Notable Scholarships Such as These Are Available for this Program 

  • Billy Graham Scholarship Program
  • Harry and Nora Lockwood Scholarship
  • Pansy E. Campbell Memorial Scholarship

See the full list here

Other Potential Financial Opportunities

  • Research and Teaching Assistantships (limited number)
  • On-campus student jobs
  • Partnerships: Ask your admissions counselor about options if you are working for a faith-based organization that partners with Wheaton.
  • Cohorts: Looking to study with a group from your organization or region of the world? Ask your admissions counselor about cohort discounts.

See Wheaton College scholarship and financial aid information here.

See outside Scholarships and Resources here.