Scholarships, Grants, and Loan Trends at Wellesley

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,454, which is 59.44 % of all undergraduate students. 634 students which is 25.67% of undergraduate students received federal student loans and the average loan amount is $4,136.
For full-time, first-time beginning students (freshmen), 58.22% of students received grants or scholarships and 31% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Wellesley College since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,454, which is 59.44 % of all undergraduate students. 634 students which is 25.67% of undergraduate students received federal student loans and the average loan amount is $4,136.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,448 (59%)$38,172444 (18%)$4,330803 (32%)$3,448
2014-151,402 (60%)$38,888450 (19%)$4,249769 (33%)$4,078
2015-161,444 (58%)$40,468463 (18%)$4,401820 (33%)$3,597
2016-171,455 (59%)$42,930446 (18%)$4,427677 (27%)$4,474
2017-181,380 (55%)$47,105514 (20%)$4,480612 (24%)$4,455
2018-191,469 (58%)$49,685539 (21%)$4,884609 (24%)$4,282
2019-201,504 (60%)$50,990536 (21%)$5,024590 (23%)$4,231
2020-211,489 (65%)$51,147506 (22%)$5,072387 (17%)$4,428
2021-221,496 (61%)$56,816553 (22%)$5,143437 (18%)$4,227
Average1,454 (59.44%)$46,245495 (19.89%)$4,668634 (25.67%)$4,136

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 348 (58.22 % of students) received grants or scholarships and its average amount is $48,607. It can cover 75.57% of tuition & fees ($64,320).
In addition, 185 (31.00 % of students) students get helped from the students loans (average amount : $4,975).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14354 (60%)$37,876198 (34%)$4,418
2014-15344 (58%)$38,950275 (46%)$3,847
2015-16339 (57%)$43,340190 (32%)$4,632
2016-17338 (57%)$45,777202 (34%)$4,497
2017-18342 (57%)$48,208156 (26%)$5,536
2018-19353 (57%)$52,403186 (30%)$5,111
2019-20359 (59%)$54,101183 (30%)$5,843
2020-21348 (60%)$55,483128 (22%)$5,286
2021-22355 (59%)$61,328148 (25%)$5,608
Average348 (58.22%)$48,607185 (31.00%)$4,975
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 125 (20.89 % of students) received Pell (federal) grants and its average amount is $4,776.
In addition, 18 students received State/local government grants/scholarships (3.11 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14113 (19%)$4,23449 (8%)$1,99923 (4%)$1,863353 (60%)$36,229
2014-15102 (17%)$4,24251 (9%)$1,98015 (3%)$2,043341 (58%)$37,638
2015-16120 (20%)$4,48166 (11%)$1,96214 (2%)$2,129339 (57%)$41,284
2016-17114 (19%)$4,45856 (9%)$1,95514 (2%)$1,161337 (57%)$44,032
2017-18125 (21%)$4,88967 (11%)$1,98616 (3%)$1,150340 (56%)$46,248
2018-19142 (23%)$4,954114 (19%)$99640 (7%)$1,703353 (57%)$49,896
2019-20141 (23%)$5,073312 (51%)$93214 (2%)$2,664356 (58%)$51,626
2020-21125 (22%)$5,298310 (53%)$1,2579 (2%)$1,574338 (58%)$53,971
2021-22143 (24%)$5,359321 (53%)$2,34218 (3%)$2,722348 (58%)$58,058
Average125 (20.89%)$4,776150 (24.89%)$1,71218 (3.11%)$1,890345 (57.67%)$46,554
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 185 (31.00 % of students) get any students loan help and its average loan amount is $185.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14198 (34%)$4,418144 (24%)$3,61880 (14%)$4,423
2014-15275 (46%)$3,847186 (31%)$3,50189 (15%)$4,570
2015-16190 (32%)$4,632127 (21%)$3,41981 (14%)$5,504
2016-17202 (34%)$4,497150 (25%)$2,33078 (13%)$7,165
2017-18156 (26%)$5,536112 (19%)$3,61176 (13%)$6,041
2018-19186 (30%)$5,111142 (23%)$3,20973 (12%)$6,779
2019-20183 (30%)$5,843142 (23%)$3,47483 (14%)$6,940
2020-21128 (22%)$5,28676 (13%)$3,99374 (13%)$5,043
2021-22148 (25%)$5,60886 (14%)$3,45979 (13%)$6,740
Average185 (31.00%)$4,975129 (21.44%)$3,40279 (13.44%)$5,912
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