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Wellesley College
For students with family incomes below $60,000 and parental contributions below $7,000, after the family covers any EFC, the college covers the remaining student budget with grant aid.| For students with family incomes below $60,000. . . | 2009-10 Estimated Student Budget | ||||||||||
| After the family covers any EFC, the college assures enough grant aid to cover these expenses |
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Total Expenses: $52,098
For all other students, after the family covers any EFC and loans of $1600-$2625 for freshmen ($8,650 to $12,825 over four years, depending on income), the college covers the remaining student budget with grant aid.
| For all other students. . . | 2009-10 Estimated Student Budget | ||||||||||
| After the family covers the EFC and loans of $1600-$2625 for freshmen ($8,650 to $12,825 over four years, depending on income), the college covers the remaining student budget with grant aid. |
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Total Expenses: $52,098
About the Financial Aid Pledge (2009-10):
How is EFC determined and used?
Institutional methodology, including a minimum student contribution of $1,250 for freshmen.
Institutional methodology, including a minimum student contribution of $1,250 for freshmen.
How much academic year work and/or need-based loans are included?
$2,100 in work for freshmen.
No loans are packaged for students with family incomes below $60,000 and parental contributions below $7,000. For students with family incomes between $60,000 and $100,000 and parental contributions below $28,000, $1,600 in loans for freshmen, maximum of $8600 over four years. For all other students, $2,625 in loans for freshmen. maximum of $12,825 over four years.
$2,100 in work for freshmen.
No loans are packaged for students with family incomes below $60,000 and parental contributions below $7,000. For students with family incomes between $60,000 and $100,000 and parental contributions below $28,000, $1,600 in loans for freshmen, maximum of $8600 over four years. For all other students, $2,625 in loans for freshmen. maximum of $12,825 over four years.
Does the offer account for the full student budget?
Yes.
Yes.
How are outside scholarships handled?
Outside scholarships reduce the student contribution, then loans, then work according to the student's preferences.
Outside scholarships reduce the student contribution, then loans, then work according to the student's preferences.
About the Institution (2007-08):
Location: Wellesley, MAType: Private 4-Year
Undergraduate enrollment: 2,519
Pell Grant recipients (a measure of low-income enrollment): 13%
Proportion of graduating seniors with student debt: 53%
Average debt: $12,639
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