Wheaton Academy is committed to partnering with your family to make Christian education affordable.
Wheaton Academy is committed to accessibility for families at all income levels. The Affordability Initiative allows families to apply for financial aid based on their financial circumstances. By receiving a tuition reduction through financial aid, your family pays the amount of tuition that makes sense for your financial situation.
How does my family apply for Financial Aid?
Wheaton Academy uses FACTS® to process financial aid applications. FACTS® is an independent school service provider that has partnered with over 11,500 schools. If your family is interested in applying for financial aid, you may begin the FACTS® application process as early as November 15. If your family is applying for tax credit scholarships, there are two additional applications to complete beyond the FACTS application.
Next, the Wheaton Academy Financial Aid Committee reviews the recommended aid award from FACTS® for accepted students. The Committee then issues a financial aid award package to your family based on the Financial Aid Award Schedule.
We are committed to keeping your information safe and secure. All discussions, submitted documentation, and award packages remain highly confidential among the Committee members.
How Much Aid Could My Family Receive?
See financial aid award ranges based on last year’s admissions cycle and get answers to all your most pressing questions:
- How do I know if my family is eligible for financial aid?
- If my family receives financial aid this year, will we pay the same amount in future years?
- How do families consisting of multiple households file for financial aid?
Four Ways to Receive Aid
Wheaton Academy offers need-based financial aid through several avenues, all available through the generous contributions of our donors. Your financial aid package is determined through a comprehensive evaluation of your financial health, the number of applicants, and available funds.
The Wheaton Academy Annual Fund
The Wheaton Academy Annual Fund contributes to financial aid awards for families who apply and qualify.
FACTS Application opens in November
Tax Credit Scholarships
Families whose income is at or below the 300% poverty level may qualify for a tax credit scholarship. In order to apply for these scholarships, you will need to fill out an additional application.
See If You Qualify
These scholarships are additional financial aid packages provided by the Wheaton Academy Alumni community. Families who qualify for a financial aid award through the Annual Fund may also qualify for these need-based scholarships.
Application opens in December
These one-time scholarships of $1,000 are awarded only to the incoming freshmen class. Financial need is not considered for these scholarships.
Application opens in March
Financial Aid Timeline
Round One of Awards
- Round one of Academy awards
- Tax Credit Scholarship awards are announced to Priority Families on a rolling basis
Round Two of Awards
- Round two of Academy Awards
Final Round of Awards
- Round three of Academy Awards
- Tax Credit Scholarship awards are announced on a rolling basis to families who do not meet the Priority criteria
Frequently Asked Questions
Begin by completing a confidential financial aid application through FACTS.® This application opens in November every year.
For families applying for tax credit scholarships, there are two additional applications to complete beyond the FACTS application.
After your FACTS application is received and your student has been accepted, the Wheaton Academy Financial Aid Committee will review the recommended aid award. The Committee then issues a financial aid award package to your family for consideration based on the Financial Aid Award Schedule.
Our financial aid application process opens in November. Over 80% of our financial aid is awarded by March 15 each year so we encourage families needing financial aid to submit their applications as soon as possible.
Don’t wait! The financial aid application is separate from the admissions application, and both applications should be completed at the same time in order to receive the greatest consideration for tuition reduction.
Note: The Admissions decision does come first as we only award financial aid to accepted students. Financial aid awards do not impact admissions decisions.
Wheaton Academy offers two additional types of scholarships—Need-Based and Merit-Based.
Need-based scholarships are only awarded to families who have first completed the FACTS application for financial aid. Then, a brief, additional essay may be required from the family. The application for this scholarship typically opens in December.
Merit-based scholarships are one-time scholarships of $1,000 awarded only to students in the incoming freshmen class. Families do not have to complete the FACTS application; they only need to complete a brief essay found on our website. The application for this scholarship typically opens in March.
Illinois passed the Invest In Kids (IIK) Act in 2018. Now, Illinois taxpayers are able to make contributions to Scholarship Granting Organizations (SGOs) and receive a 75% income tax credit. 95% of these contributions are then designated by the contributor to private schools, such as Wheaton Academy. Then, the SGO provides tax credit scholarships for qualifying students and expanded school choice for Illinois families. If your family’s income level is at or below the 300% poverty level, you may qualify for a tax credit scholarship through Invest In Kids.
To see if you qualify for a scholarship through IIK, visit empowerillinois.org/students/do-i-qualify
Wheaton Academy is committed to ensuring that the middle and upper-middle class are represented in our student body. If tuition costs could be a critical factor in your family’s consideration of a Wheaton Academy education, then we encourage you to apply for tuition reduction through the other three aid offerings.
Current families who pay reduced tuition because of financial aid can expect to receive similar levels of funding each year if their financial circumstances remain the same. Typically, families pay part of any annual tuition increase and Wheaton Academy takes on part as well.
However, every family must re-apply for financial aid each year and meet all stated deadlines. This includes families applying for a tax credit scholarship through Empower Illinois.
If the current financial picture for a family changes significantly, the amount of financial aid may be adjusted accordingly to reflect the new amount of demonstrated need.
The Academy is committed to socio-economic diversity; however, we are not able to offer tuition reductions to every student who qualifies for both admission and a reduced tuition. Just as there are more applicants each year than available spaces at the Academy, more families request consideration for financial aid than there are funds available. A student may be admissible to Wheaton Academy but placed in a waitpool for a financial aid award.
Each parent/guardian household must submit a separate FACTS® application along with all tax documents and required forms to be considered for tuition reduction. Consideration of all available resources from both parents/guardians and their spouses will be based upon the family’s ability to contribute, not the willingness to contribute. If there is a court-issued decree stating the percentage of tuition or expenses each parent/guardian is responsible to contribute, that document should be provided to Wheaton Academy. Wheaton Academy will advise FACTS® of the percentage of tuition each household is responsible to contribute so they can conduct their assessment accordingly. All financial information is strictly confidential, and at no time will Wheaton Academy or FACTS® provide one household’s information to the other. If there is no court issued decree, the Wheaton Academy Financial Aid Committee will determine the total tuition reduction for the student, and it is the responsibility of the parents to determine a payment schedule structure.
If a parent is no longer involved in the life of the child in any way, please speak directly with the Admissions Office at Wheaton Academy to determine how to proceed.