by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
Discover the financial aid possibilities at Wellesley and learn what assistance you might qualify for by continuing to read.
Wellesley College average financial aid offer for freshmen students is $53,584.00. Financial aid is provided to about 68% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
A student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from Wellesley College you could end up dealing with.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The numbers below apply to scholarships and grants primarily provided by Wellesley College.
58% of first-year students (356 total) were offered scholarships at Wellesley College, averaging $51,626.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 51% of freshmen (315 total) obtained a federal grant, for about $3,194.00 a piece.
Amount of Financial Assistance Per Income Level
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 10.46% | $65,524.00 |
| Income 30k-48k | 6.54% | $67,177.00 |
| Income 48k-75k | 7.52% | $64,406.00 |
| Income 75k-110k | 5.23% | $52,494.00 |
| Income 110k + | 11.44% | $26,658.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 612 undergraduate students at Wellesley College around 68% (359 total) receive some form of grant aid. The typical amount awarded was $53,584.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.