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Iowa Wesleyan University was a private university located in Mount Pleasant, Iowa. Founded in 1842, it was the first co-educational institution of higher learning in Iowa and the oldest of its type west of the Mississippi River. The university offered 18 bachelor's degrees and had a total undergraduate enrollment of 785 students, with an acceptance rate of 41-81%. However, it faced financial challenges and closed at the end of the 2022-2023 academic year, with an undergraduate enrollment of approximately 600 full-time students at the time of its closure.
Characteristics | Values |
---|---|
Status | Closed |
Type | Private |
Religious Affiliation | United Methodist |
Location | Mount Pleasant, Iowa |
Year Founded | 1842 |
Acceptance Rate | 41% (2021) |
Total Enrollment | 871 (2022-2023) |
Undergraduate Enrollment | 785 (2022-2023) |
Graduate Enrollment | 86 (2022-2023) |
Male Students | 488 (2022-2023) |
Female Students | 383 (2022-2023) |
Student-Faculty Ratio | 13:1 |
Tuition and Fees | $33,550 |
What You'll Learn
- Iowa Wesleyan University closed in 2023 due to financial challenges
- The university had 871 students enrolled in the 2022-2023 academic year
- Undergraduate enrollment was 785, with 86 students in graduate programs
- The gender distribution was 488 male and 383 female students
- The student body was predominantly white, with 376 white students and 144 Black students
Iowa Wesleyan University closed in 2023 due to financial challenges
Iowa Wesleyan University, a private university in Mount Pleasant, Iowa, closed its doors in 2023 due to financial challenges. The university, which was Iowa's first co-educational institution of higher learning, had a long history of financial struggles, dating back to at least 2013. Despite its efforts to remain open, including seeking donations and loans, the university ultimately could not overcome its budgetary issues.
The decision to close the university was made by the board of trustees, who voted unanimously in favour of the closure. At the time of the announcement, the university had about 850 students, of whom about 30% were from Iowa, 54% were from out-of-state, and the rest were international students. The university employed about 110 full-time staff, including 35 faculty members.
The closure of the university was due to a combination of financial challenges. These included increased operating costs due to inflation, changing enrolment trends, a decline in philanthropic giving, and the rejection of a proposal for federal COVID-19 relief funds by Governor Kim Reynolds. The university had requested $12 million in assistance from the state, but Reynolds determined that a loan of this amount would not be feasible, citing an independent assessment of the university's finances that revealed systemic financial issues.
The university's financial struggles were also impacted by its heavy reliance on tuition and fees for revenue, with only 9% of its revenue coming from private gifts, grants, and contracts during the 2021 fiscal year. Additionally, the university had been experiencing a decline in philanthropic giving and slower enrolment growth, which further contributed to its financial decline.
In the wake of the closure announcement, the university secured agreements with four other private colleges in the region to ensure its students could complete their degrees. These colleges included William Penn University, Upper Iowa University, the University of Dubuque, and Culver-Stockton College. The university also worked to ensure a smooth transition for its employees, with retirement funds remaining in place unless employees chose to transfer them.
The closure of Iowa Wesleyan University is a sad outcome for a university that had been an educational pillar in its community for 181 years. It is a reminder of the financial pressures facing many institutions of higher education and the impact that budgetary challenges can have on students, staff, and the wider community.
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The university had 871 students enrolled in the 2022-2023 academic year
Iowa Wesleyan University, a private university in Mount Pleasant, Iowa, had 871 students enrolled in the 2022-2023 academic year. This was the final year of operation for the university, which closed due to financial challenges.
The student body comprised 785 undergraduate and 86 graduate students. The gender breakdown was 488 male and 383 female students, with a male-to-female ratio of 56:44. The university had a diverse student population, with 376 White, 144 Black, and 2 Asian students enrolled. Additionally, 120 students were enrolled exclusively in online courses, while 226 were enrolled in a mix of online and on-campus classes.
Iowa Wesleyan University's undergraduate enrollment was significantly lower than similar colleges, with an average of 1,143 students for private, not-for-profit Baccalaureate Colleges. The university's admissions were selective, with an acceptance rate of around 41% in 2021 and an 81% acceptance rate for the 2022-2023 academic year.
The university offered 18 bachelor's degree programs and had a student-to-faculty ratio of 13:1. Iowa Wesleyan University had a rich history, founded in 1842, and was Iowa's first co-educational institution of higher learning.
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Undergraduate enrollment was 785, with 86 students in graduate programs
Iowa Wesleyan University was a private university located in Mount Pleasant, Iowa. It was Iowa's first co-educational institution of higher learning and was affiliated with the United Methodist Church. The university closed at the end of the 2022-23 academic year due to financial challenges.
At the time of its closure, Iowa Wesleyan University had a total undergraduate enrollment of 785 students, with 86 students enrolled in graduate programs. This was an increase from the previous year's total undergraduate enrollment of approximately 600 full-time students. The university offered 18 bachelor's degrees and had a student-to-faculty ratio of 13:1.
Iowa Wesleyan University had a selective admissions process, with an acceptance rate of 81%. The average high school GPA of students entering the university was 3.4, and the university offered a range of academic programs and extracurricular activities. The university was also home to several athletic teams, known as the Tigers, who competed in 16 intercollegiate varsity sports.
The university's closure came after facing financial challenges and potential closure in previous years. Despite receiving donations and a loan from the United States Department of Agriculture, the university ultimately closed after the 2022-23 academic year.
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The gender distribution was 488 male and 383 female students
Iowa Wesleyan University was a private university located in Mount Pleasant, Iowa. It was Iowa's first co-educational institution of higher learning and the oldest of its type west of the Mississippi River. The university was affiliated with the United Methodist Church. Unfortunately, the university closed at the end of the 2022-23 academic year due to financial challenges.
At the time of its closure, Iowa Wesleyan University had approximately 600 full-time students enrolled, with a total student population of 871 when including part-time students. Of these, 488 were male and 383 were female, indicating a fairly even gender distribution with a slight male bias.
The gender distribution at Iowa Wesleyan University was fairly balanced, with a slight majority of male students. For the academic year 2022-2023, the university had 488 male students and 383 female students enrolled. This data includes both full-time and part-time students, as well as undergraduate and graduate programs.
The university had a total undergraduate enrollment of 785 students, with an additional 86 students enrolled in graduate programs. This breakdown is consistent with the overall gender distribution, suggesting that the ratio of male to female students was fairly consistent across both undergraduate and graduate levels.
Iowa Wesleyan University had a long history of providing co-educational opportunities in the state of Iowa. Its closure in 2023 due to financial challenges marked the end of an era for this historic institution. The university's legacy includes being the first co-educational institution of higher learning in Iowa and playing a significant role in the education of both male and female students in the state.
The gender distribution at Iowa Wesleyan University was an important aspect of its overall student population. With a slightly higher number of male students, the university maintained a balanced and diverse learning environment that contributed to the educational experience of all its students.
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The student body was predominantly white, with 376 white students and 144 Black students
Iowa Wesleyan University was a private university in Mount Pleasant, Iowa. It was the state's first co-educational institution of higher learning and the oldest of its type west of the Mississippi River. The university closed at the end of the 2022-23 academic year due to financial challenges.
At the time of its closure, the student body was predominantly white, with 376 white students and 144 Black students. This was out of a total of 871 enrolled students for the 2022-23 academic year, which included 785 undergraduate and 86 graduate students. Iowa Wesleyan University had a higher proportion of male students, with 488 men and 383 women enrolled.
The racial demographics of the student body were predominantly white, with a significant number of Black students as well. There were also a small number of students from other racial backgrounds, including 2 Asian students. The university had a diverse student population, with a mix of races and ethnicities represented on campus.
In addition to its racial diversity, Iowa Wesleyan University also had a range of student ages. Most students, 764 to be exact, were under 25 years old. However, there were also 98 students over 25, and even a couple of students under 18 or over 65. This mix of ages likely contributed to a diverse range of perspectives and experiences in the classroom and campus life.
The university had a long history, dating back to its founding in 1842 as the Mount Pleasant Literary Institute. It faced financial challenges in recent years, ultimately leading to its closure at the end of the 2022-23 academic year. Despite its closure, Iowa Wesleyan University's impact on its students and the community will undoubtedly be long-lasting.
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Frequently asked questions
871 students were enrolled at Iowa Wesleyan University in 2022, with 785 undergraduate and 86 graduate students.
Before closing at the end of the 2022-2023 academic year, Iowa Wesleyan University had approximately 600 full-time students enrolled.
Iowa Wesleyan University had 488 male and 383 female students enrolled in the 2022-2023 academic year, with a male-female ratio of 56:44.
120 students were enrolled exclusively in online courses, and 226 students were enrolled in some online courses at Iowa Wesleyan University.
Iowa Wesleyan University enrolled approximately 651 undergraduate students in 2021.