Wellesley College

www.wellesley.edu

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2023 Undergraduate Tuition

$64,000

3.92% growth from 2022

2023 Average Net Price

$21,501

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

13.9%

8,184 Applicants

2023 Enrolled Students

2,418

96.6% Full-Time

2023 Graduation Rate

91.2%

550 Graduates

About

Wellesley College is a higher education institution located in Norfolk County, MA. In 2023, the most popular Bachelors Degree concentrations at Wellesley College were Econometrics & Quantitative Economics (97 degrees awarded), General Computer & Information Sciences (67 degrees), and Other Research & Experimental Psychology (53 degrees).

The median undergraduate tuition at Wellesley College is $64,000, which is $34,720 more than the national average for Baccalaureate Colleges ($29,280).

In 2020 the default rate for borrower's at Wellesley College was 0%, corresponding to 0 out of the 288 total borrowers.

Photo by uıɐɾ ʞ ʇɐɯɐs

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Wellesley College is $64,000, which is $34,720 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $21,501.

In 2023, 57% of undergraduate students attending Wellesley College received financial aid through grants. Comparatively, 17% of undergraduate students received financial aid through loans.

In 2023, the cost of tuition at Wellesley College was $64,000. The cost of tuition at Wellesley College is $34,720 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

This chart compares the tuition costs of Wellesley College (in red) with those of other similar universities.

Average Net Price

$21,501

2023 Value

0.651%

1 Year Growth

In 2023 Wellesley College had an average net price — the price paid after factoring in grants and loans — of $21,501. Between 2022 and 2023, the average net price of Wellesley College grew by 0.651%.

This chart compares the average net price of Wellesley College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$10,565

Room and Board

$800

Books and Supplies

The average yearly cost of room and board at Wellesley College was of $10,565 in 2023. The cost of room and board increased by 3.89% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $800. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Wellesley College (in red) with that of similar universities.

Financial Aid by Income Level

57%

Undergraduates Receiving Financial Aid through Grants

17%

Undergraduates Receiving Financial Aid through Loans

57% of undergraduate students at Wellesley College received financial aid through grants or loans in 2023. This represents a decline of 6.56% with respect to 2022, when 61% of undergraduate students received financial aid.

This chart compares the average award discount at Wellesley College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Wellesley College was 0%, which represents 0 out of the 288 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Wellesley College received 8,184 undergraduate applications in 2023, which represents a 3.62% annual growth. Out of those 8,184 applicants, 1,138 students were accepted for enrollment, representing a 13.9% acceptance rate.

There were 2,418 students enrolled at Wellesley College in 2023. 42% of first-time enrollees submitted SAT scores with their applications.

Wellesley College has an overall enrollment yield of 50.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

13.9%

Acceptance Rate in 2023

1,138

Accepted Out of 8,184

In 2023, the undergraduate acceptance rate of Wellesley College was 13.9% (1,138 admissions from 8,184 applications). This is higher than the acceptance rate of 2022, which was 13.6%. Between 2022 and 2023, the number of applicants declined by 3.62%, while admissions declined by 1.22%.

This chart compares the acceptance rate of Wellesley College (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

42%

Submission Percentage (2023)

243

Scores Submitted (2023)

42% of enrolled first-time students at Wellesley College in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Wellesley College had a total enrollment of 2,418 students in 2023. The full-time enrollment at Wellesley College is 2,335 students and the part-time enrollment is 83. This means that 96.6% of students enrolled at Wellesley College are enrolled full-time.

The enrolled student population at Wellesley College, both undergraduate and graduate, is 30.4% White, 23.2% Asian, 15.2% Hispanic or Latino, 8.27% Black or African American, 7.2% Two or More Races, 0.165% Native Hawaiian or Other Pacific Islanders, and 0.124% American Indian or Alaska Native.

Students enrolled at Wellesley College in full-time Undergraduate programs are most commonly White Female (31.3%), followed by Asian Female (23%) and Hispanic or Latino Female (15.4%).

Full-Time vs Part-Time Enrollment

96.6%

Full-Time Enrollment

The total enrollment at Wellesley College in 2023, both undergraduate and graduate, is 2,418 students. The full-time enrollment at Wellesley College is 2,335 and the part-time enrollment is 83. This means that 96.6% of students enrolled at Wellesley College are enrolled full-time compared with 78.8% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Wellesley College (in red) compares to similar universities.

Retention Rate over Time

96%

2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Wellesley College was 96%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Wellesley College had a retention rate higher than its peers.

This chart shows the retention rate over time at Wellesley College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
734 enrolled students
Asian
561 enrolled students
Hispanic or Latino
368 enrolled students

The enrolled student population at Wellesley College is 30.4% White, 23.2% Asian, 15.2% Hispanic or Latino, 8.27% Black or African American, 7.2% Two or More Races, 0.165% Native Hawaiian or Other Pacific Islanders, and 0.124% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 53.2% White, 14.1% Hispanic or Latino, and 12.9% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 32 students (1.32%) did not report their race.

Graduates

In N/A, N/A N/A women than men received degrees from Wellesley College. The most common race/ethnicity group of degree recipients at Wellesley College is white (260 degrees awarded). There were 1.31 times more white recipients than the next closest race/ethnicity group, asian (198 degrees).

The most common Bachelor's Degree concentration at Wellesley College is Econometrics & Quantitative Economics (97 degrees awarded), followed by General Computer & Information Sciences (67 degrees) and Other Research & Experimental Psychology (53 degrees).

In 2023, the most specialized majors across all degree types at Wellesley College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Cultural & Gender Studies (43 degrees awarded), Language & Linguistics (30 degrees), and Social Sciences (192 degrees).

Common Jobs by Major

Lawyers, & judges, magistrates, & other judicial workers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Wellesley College are Lawyers, & judges, magistrates, & other judicial workers (379,632 people), Other managers (308,961 people), Postsecondary teachers (209,434 people), Elementary & middle school teachers (156,070 people), and Chief executives & legislators (139,705 people).

The most specialized majors at Wellesley College in 2023 are Cultural & Gender Studies (43 degrees awarded), Language & Linguistics (30 degrees), Social Sciences (192 degrees), Physical Sciences (47 degrees), and Philosophy and Religious Studies (18 degrees) (as of 2023).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Wellesley College are Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, Nuclear medicine technologists and medical dosimetrists, and Physicians

The most specialized majors at Wellesley College are Cultural & Gender Studies (43 degrees awarded), Language & Linguistics (30 degrees), Social Sciences (192 degrees), Physical Sciences (47 degrees), and Philosophy and Religious Studies (18 degrees) (as of 2023).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Wellesley College are Elementary & secondary schools (597,428 people), Colleges, universities & professional schools, including junior colleges (532,811 people), Legal services (346,828 people), Computer Systems Design (282,261 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (230,467 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Wellesley College.

Most Common (2023)

Econometrics & Quantitative Economics
97 degrees awarded
General Computer & Information Sciences
67 degrees awarded
Other Research & Experimental Psychology
53 degrees awarded

In 2023, the most common bachelors degree concentration at Wellesley College was Econometrics & Quantitative Economics with 97 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Wellesley College according to their major.

Time to Complete

84%

100% Completion Time

92%

150% Completion Time

In 2023, 84% of students graduating from Wellesley College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 92% completed their degrees within 150% of the normal time, and 93% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Wellesley College is Female and American Indian or Alaska Native (100% graduation rate). Across all Baccalaureate Colleges, Non-resident Alien Male students have the highest graduation rate (65.7%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0.182% of graduates (1 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
260 degrees awarded
Asian
198 degrees awarded
Hispanic or Latino
97 degrees awarded

The most common race/ethnicity at Wellesley College is white (260 degrees awarded). There were 1.31 times more white recipients than the next closest race/ethnicity group, asian (198 degrees).

0.13% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
260 degrees awarded
Asian Female
198 degrees awarded
Hispanic or Latino Female
97 degrees awarded

The most common race/ethnicity and sex grouping at Wellesley College is white female (260 degrees awarded). There were 1.31 times more white female recipients than the next closest race/ethnicity group, asian female (198 degrees).

Operations

Wellesley College has an endowment valued at nearly $2.89B, as of the end of the 2023 fiscal year. The return on its endowment was of 116M (4%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Wellesley College had a total salary expenditure of 252M. Wellesley College employs 108 Professors, 79 Lecturers and 67 Associate professors. Most academics at Wellesley College are Female Lecturer (55), Female Professor (55), and Male Professor (53).

The most common positions for non-instructional staff at Wellesley College are: Service, with 201 employees, Computer, Engineering, and Science, with 86 employees, and Management with 84 employees.

Endowment

$2.89B

2023 Endowment

1.48%

growth from 2022

Wellesley College has an endowment valued at about $2.89B, as of the end of the 2023 fiscal year. The endowment of Wellesley College grew 1.48% from the previous year. The value of their endowment was $2.84B higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Wellesley College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Arts & Sciences Focus Carnegie Classification grouping.

Salary Expenditure

$111M

2023 Salaries

3.63%

growth from 2022

In 2023, Wellesley College paid a median of $111M in salaries, which represents 44.2% of their overall expenditure ($252M) and a 3.63% growth from the previous year. This is compared to a 2.46% growth between 2021 and 2022, and a 4% decline between 2020 and 2021.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$40.1M

Instructional Salaries

332

Number of Employees

In 2023, Wellesley College paid a total of $40.1M to 332 employees working as instructors, which represents 36% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

Occupations by Share

Professor

Most Common Instructor

108 Employees

Service

Most Common Non-Instructional Employee

201 Employees

In 2023, the most common positions for instructional staff at Wellesley College were Professor with 108 employees, Lecturer with 79 employees, and Associate professor with 67 employees.

In 2023, the most common positions for non-instructional staff at Wellesley College were Service with 201 employees, Computer, Engineering, and Science with 86 employees, and Management with 84 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Lecturer
Female Professor
Male Professor

In 2023, the most common demographic for instructional staff at Wellesley College was Female Lecturer with 55 employees, Female Professor with 55 employees, and Male Professor with 53 employees.

This chart shows the sex split between each academic rank present at Wellesley College.

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