Financial Aid

Wellesley Merit Scholarships and Financial Aid

Wellesley reports almost no merit aid: 4 first-year students without financial need received it, averaging $55,716.

Merit aid

Scholarships Wellesley gave to first-year students who had no financial need.

Average merit award

$55,716

Freshmen who got one

4

of 576 in the class

Share of those without need

2%

who received merit aid

Need-based aid

For first-year students the college found to have financial need.

Average need-based grant

$71,018

Average percent of need met

100%

Freshmen with need

56%

320 students

The average total aid package, which can include loans and work-study, was $72,294.

How to read these numbers

  • Merit aid is awarded for grades, scores, or talent. Need-based aid is awarded for family finances. A student can receive both.
  • The merit figures count only students with no financial need, so they show what a family that will not qualify for need-based aid can expect.
  • A grant does not have to be repaid. A package can include loans, which do.

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Frequently asked questions

Does Wellesley give merit scholarships?

Wellesley reports almost no merit aid: 4 first-year students without financial need received it, averaging $55,716.

Does Wellesley meet full financial need?

Wellesley reports meeting 100% of need on average for first-year students who were awarded need-based aid.

What share of Wellesley freshmen have financial need?

320 of 576 first-time, full-time freshmen, or 56%, were found to have financial need.

Source: Wellesley’s own Common Data Set 2025-26, Section H, for first-time, full-time freshmen. Last checked 2026-10-08. These are averages for one entering class, and some colleges report the prior year’s class in this section. Your own offer depends on your family’s finances and your application.