Financial Aid

99% of Wells students receive assistance—in the form of need-based aid or merit-based scholarships. Many receive both!

Let us invest in you!

The Office of Financial Aid works closely with students and families to develop a personal and pragmatic college investment plan. Federal loans, grants, work-study programs, and scholarships based on merit all contribute to our efforts to make your Wells education happen.

Here are some quick facts:

  • By submitting a completed application for admission, all students are automatically considered for merit-based scholarships offered by Wells College. In no way does an application for financial assistance affect your admission to Wells College.
  • To find out what kind of need-based financial aid you are eligible for through state or federal programs, you must submit both a completed application for admission and your FAFSA.
  • Wells College offers several tiers of merit-based scholarships for both first-year students as well as transfer students, and more than 125 endowed grants and awards.
  • Wells College school codes:
    • Free Application for Federal Student Aid (FAFSA): #002901
    • New York State Tuition Assistance Program (TAP): #1050

What are the different types of financial aid?

Financial aid can come from numerous sources — federal or state government, private agencies, and Wells College itself. Types of financial aid include gift aid, which doesn’t have to be repaid, and self-help aid, which are loans that you pay back yourself or through work-study. The amount of financial aid is based on your financial need, and aid packages differ for every student.

What information do I need to apply for financial aid?

When you apply for financial aid, your family will be asked to provide information about income, assets, family size, and the number of family members in college. This information is applied to a federal formula that calculates the amount you and your family can afford to pay for educational expenses for one year. Remember, though, that not all financial awards are based on income. We encourage all students to apply for financial assistance!

You can apply for financial aid by completing the Free Application for Federal Student Aid (FAFSA) after October 1. Unless your family situation changes, you should expect to receive approximately the same amount of financial aid each year. However, other factors can change, such as federal loan requirements, grants and other variables. Because these changes may make a difference in how much aid you receive, you are required to apply for financial aid every year.

Read through our Financial Aid Information pages to find detailed information related to financing options, the types of aid and their sources, our financial aid policies and requirements, and a number of helpful links, or get in touch with our financial aid office by emailing financial-aid@wells.edu.