What Percentage of Undergrads Receive Financial Aid?
Wellesley College's typical financial aid plan for incoming first year students is $47,972. Approximately 57.0% of new students obtain financial assistance, the majority of which is in the form of scholarships and grants.
Student loans are a part of financial aid packages, however the only true college discount is a scholarship or grant that you don't have to repay.
A student loan is not a genuine college discount, but rather an additional cost consideration. Learn how much student loan debt from Wellesley you may end up taking on.
Number of Wellesley Scholarships & Grants
The following numbers refer to grants and scholarships mainly supplied by Wellesley College.
57.0% of freshmen (339 total) were given scholarships at Wellesley College, averaging $41,284 per student. This puts it in the top 20th percentile of all schools nationwide.
In addition to scholarships, 20.0% of first year students (120 total) got a federal grant, averaging $5,560 a person.
See the typical quantity of grants and scholarships first years get by checking out the graph below.
Scholarships are merit-based, while grants are need based.
How Income Level Affects Aid
The below table shows grant and scholarship distributions by income for freshman students getting any sort of federal Title IV assistance, such as Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||12.8%||$21,066|
Title IV aid features loans, grants, or work-study granted from the federal government generally based on financial need. Learn more here.
$40,468 is the Typical Sum an Undergrad Gets in Scholarships or Grants
58.0% of the 2,510 undergrads at Wellesley College are given some type of grant aid. This is a total around 1,444 students getting about $40,468 each.
Wellesley College Financial Aid Info
|Financial Aid Department Website||www.wellesley.edu/admission/finaid|
|Net Price Calculator||https://npc.collegeboard.org/student/app/wellesley|