So far we have 125 BFA's auditioning this weekend/ have auditioned and Still have one more weekend of Auditions on the weekend of March 1st. IWU is looking to accept about 20 and expecting around half to attend in the Fall of 08 (I was not told what they are looking for in terms of male vs. female numbers).
As far as financial aid is concerned, I am not as familiar in that catagory, but I know SOTA (school of theatre arts) gives talent scholarships to ( i think ) everyone in the BFA program. I also know of SOTA students who are going here for almost nothing, so i think financial aid depends on a lot of things. You can check out IWU's and IWU's SOTA homepage for more info on the financial Situation.
SOTA Website:
School of Theatre Arts
Hope this helped a little. Feel free to continue to ask questions.
You may also call IWU's SOTA at 309.556.3944.