Wells College

In 2021, tuition for full-time students at Wells College was $33,862 a year.

In 2023, tuition increased 9.41%–from $30,950 the previous year. On average, colleges raise tuition about 3% each year.

Remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students owe much less than the sticker price after grants, scholarships, and tuition discounts are applied. Plus, student loans can make theactual cost of attending college feel more doable until you've finishing school and found a job.

Wells College meets 83% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Wells College is around $28,553 a year.

In 2020, students graduated with an average of $33,303 in student loans for each student with debt.

Does Wells College Offer In-State and Out-of-State Tuition?

Wells College is a private, nonprofit institution, which means it has the same tuition for students from New York as it does for residents from other states.

Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Attending a college where you are eligible for the reduced tuition offered to state residentscan save students a lot of money on the cost of tuition, as well as loans and interest owed. Take the time to check your state's rules for in-state tuition. Every state has its own rules about what makes someone eligible for in-state tuition. Most states require students to have resided in the state for a certain period of time before qualifying. There may be other criteria too, depending on where you live.

Explore other New York colleges

Tuition for International Students at Wells College

Tuition at Wells College is the same for all students.

International students are not eligible for loans or grants from the U.S. government, but may qualify for private or school-specific aid and scholarships. International students who demonstrate financial need may qualify for the following types of financial support at Wells College:

•On-campus jobs •Wells College-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships.

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Wells College Housing Expenses, Fees, and More

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In addition to the cost of tuition, room and board, books, transportation and fees are also costs it consider when budgeting for college. Let's take a look at what impacts these costs, and what to expect at Wells College.

Room and Board Costs at Wells College

Room and board at Wells College is $14,800 a year. This number covers the cost of living in dorms or other on-campus housing, and a dining plan that allows you to eat all or some of your meals the Wells College's on-campus cafeterias and dining facilities.

Meal-plan costs vary based on on how many meals are included in the plan you choose.

Cost of Books at Wells College

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real cost of books and supplies depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Annual Fees

The majority of colleges also have fees to help cover the cost of facilties, like the library, gym and computer labs.

There may be optional fees associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Many schools offer ways so that those with demonstrated need to get help covering these costs.

Transportation costs

The cost of transportation in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Is on-campus parking free, or will you need to budget for parking? Is the campus easy to get around on foot? Do you own a car, or are you planning to use busses, subways, or other modes of transportation? All of these questions can drastically impact your estimated cost of transportation. At Wells College, freshman are allowed to park on campus.

Where are a college is located can impact transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in an urban area may be pricey, but there may be more trains, busses or low-cost flight options to actually get to school. Wells Collegeis located in a rural area in New York, near Syracuse.

Other Costs

When budgeting for college, be sure to leave some room in your budget for the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.

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Total Tuition and Expenses at Wells College

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Now, let’s go over all of the costs we've covered, to get a better estimate of how much students can expect to shell out for Wells College.

Total Cost of Wells College

What will the cost of attending Wells College be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$33,862
Room and Board	$14,800
Other expenses	$650

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$51,862
Off-Campus	$37,062

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

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Financial Aid at Wells College

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The majority of Wells College undergrads use financial aid to to cover the cost of tuition. In 2023, 304 of the 342 undergrads enrolled received financial aid. Wells College meets 83% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $28,553 a year. Around 88% of Wells College undergrads take out student loans to cover any remaining costs. Wells College graduates who have student loans graduate with an average of $33,303 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$23,042
Private Loans	$40,865

Most Common Loans for Wells College Students
Federal Loans	86%
Private loans	34%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Wells College financial aid, keep reading, or visit their financial aid website.

Scholarships at Wells College

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Wells College awarded 304 need-based scholarships to students, giving away total of $7.6 million to help students with financial need cover the cost of school. An additional $520,000 in merit-based scholarship money was awarded to students without demonstrated financial need.

Wells College Net Cost

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Wells College students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Wells College was $28,553 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Wells College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$23,309
Off-Campus	$8,509

What will attending Wells College really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Wells College's net cost calculator on their website.

Wells College Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Wells College does not have guaranteed tuition.

Wells College offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Does Wells College Offer Tuition Waivers?

Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.

Wells College has some full or partial tuition waivers available for: - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.

Wells College's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

As of 2021, the total market value of Wells College's endowment was $33.2 million. The average college endowment was $905 million in 2021. For each full-time student, Wells College spends about $11,014 a year.

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Learn More About Wells College

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Overview

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