Scholarships, Grants, and Loan Trends at Wells

Over the past 12 years (2011-2022), the average number of students who received grants aid/scholarships is 467, which is 97.64 % of all undergraduate students. 407 students which is 84.73% of undergraduate students received federal student loans and the average loan amount is $7,015.
For full-time, first-time beginning students (freshmen), 99.55% of students received grants or scholarships and 89% of students received student loans.
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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Wells College since 2011.
For that period, the average number of students who received grants aid/scholarships is 467, which is 97.64 % of all undergraduate students. 407 students which is 84.73% of undergraduate students received federal student loans and the average loan amount is $7,015.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12472 (95%)$22,709231 (47%)$4,426403 (81%)$7,502
2012-13518 (97%)$33,732258 (48%)$4,463438 (82%)$7,511
2013-14518 (97%)$33,574262 (49%)$4,482444 (83%)$7,300
2014-15525 (95%)$28,915258 (47%)$4,645464 (84%)$7,378
2015-16551 (98%)$30,321270 (48%)$4,749501 (89%)$7,065
2016-17503 (99%)$31,093245 (48%)$4,730460 (90%)$7,110
2017-18487 (100%)$31,363252 (52%)$4,782438 (90%)$7,087
2018-19458 (97%)$33,382241 (51%)$4,786402 (85%)$6,764
2019-20411 (98%)$24,811193 (46%)$4,936357 (85%)$6,521
2020-21353 (99%)$25,492186 (52%)$5,032288 (81%)$6,446
2021-22340 (99%)$27,772165 (48%)$5,245281 (82%)$6,480
Average467 (97.64%)$29,379233 (48.73%)$4,752407 (84.73%)$7,015

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

For the last 12 years, on average, 148 (99.55 % of students) received grants or scholarships and its average amount is $29,726. It can cover 84.53% of tuition & fees ($35,166).
In addition, 133 (89.09 % of students) students get helped from the students loans (average amount : $8,259).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12132 (96%)$26,452111 (81%)$8,027
2012-13197 (100%)$27,963167 (85%)$9,028
2013-14161 (100%)$28,642156 (97%)$7,131
2014-15162 (99%)$30,506153 (94%)$8,583
2015-16168 (100%)$33,008158 (94%)$7,818
2016-17132 (100%)$30,207130 (98%)$8,834
2017-18140 (100%)$33,754122 (87%)$7,825
2018-19147 (100%)$34,448126 (86%)$8,996
2019-20132 (100%)$26,477118 (89%)$8,066
2020-21121 (100%)$27,321101 (83%)$8,780
2021-22140 (100%)$28,212121 (86%)$7,762
Average148 (99.55%)$29,726133 (89.09%)$8,259
*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 12 years, on average, 80 (53.36 % of students) received Pell (federal) grants and its average amount is $4,868.
In addition, 80 students received State/local government grants/scholarships (53.36 % 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
2011-1262 (45%)$4,77361 (45%)$81083 (61%)$2,611130 (95%)$22,536
2012-13111 (56%)$4,47666 (34%)$863115 (58%)$2,662197 (100%)$23,598
2013-1482 (51%)$4,58454 (34%)$90688 (55%)$2,511161 (100%)$24,631
2014-1585 (52%)$4,92756 (34%)$1,33689 (55%)$2,845162 (99%)$25,896
2015-16103 (61%)$4,88870 (42%)$859100 (60%)$3,433168 (100%)$27,610
2016-1757 (43%)$4,38937 (28%)$1,50457 (43%)$2,418132 (100%)$26,846
2017-1888 (63%)$4,77458 (41%)$1,18480 (57%)$3,126140 (100%)$28,476
2018-1973 (50%)$4,95754 (37%)$1,09073 (50%)$3,051147 (100%)$30,070
2019-2068 (52%)$5,30757 (43%)$3,38861 (46%)$3,066132 (100%)$20,864
2020-2174 (61%)$4,98836 (30%)$4,83072 (60%)$2,668121 (100%)$21,246
2021-2274 (53%)$5,482140 (100%)$2,31059 (42%)$3,514140 (100%)$21,523
Average80 (53.36%)$4,86863 (42.55%)$1,73580 (53.36%)$2,900148 (99.45%)$24,845
*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 12 years, on average, 133 (89.09 % of students) get any students loan help and its average loan amount is $133.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12111 (81%)$8,027111 (81%)$6,46017 (12%)$10,232
2012-13167 (85%)$9,028166 (84%)$6,60439 (20%)$10,549
2013-14156 (97%)$7,131143 (89%)$6,08023 (14%)$10,565
2014-15153 (94%)$8,583153 (94%)$6,39030 (18%)$11,185
2015-16158 (94%)$7,818158 (94%)$6,00425 (15%)$11,466
2016-17130 (98%)$8,834127 (96%)$5,67130 (23%)$14,271
2017-18122 (87%)$7,825122 (87%)$5,94619 (14%)$12,070
2018-19126 (86%)$8,996126 (86%)$5,53930 (20%)$14,517
2019-20118 (89%)$8,066118 (89%)$5,61821 (16%)$13,754
2020-21101 (83%)$8,780100 (83%)$5,84723 (19%)$13,131
2021-22121 (86%)$7,762121 (86%)$5,79415 (11%)$15,871
Average133 (89.09%)$8,259131 (88.09%)$5,99625 (16.55%)$12,510
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