|Submission Date||Dec. 20, 2019|
PA-8: Affordability and Access
|3.00 / 4.00||
VP for Equity & Inclusion/Title IX Officer
Office for Equity & Inclusion
Percentage of need met, on average, for students who were awarded any need-based aid :
Percentage of students graduating without student loan debt:
Percentage of entering students that are low-income:
Graduation/success rate for low-income students:
A brief description of notable policies or programs to make the institution accessible and affordable to low-income students:
With the exception of one small program for students from specific Asian countries, Wesleyan offers only need-based aid and meets 100% of demonstrated need. Wesleyan awards over $50 million annually in need-based scholarships. A student's/family’s cost is related to their income/assets and ability to pay. Generally, need is met first with a loan and work-study package; all remaining need is met with scholarship. Thus, students with highest financial need receive the maximum scholarship support and would be expected to pay less.
To further support high need students, Wesleyan has made a commitment in several ways:
(1) by eliminating the loan package for students whose families earn less than $60K (increased from $40K in FY15);
(2) by reducing the expected student summer earnings contribution for students whose parental contributions are $4K or less; and
(3) by reducing the loan package for students whose parental contributions are $10K or less and are Federal Pell grant eligible.
The standard loan package for a graduating student reflects approximately $19K in loans; by comparison, the highest need students would graduate with $0 loan.
A brief description of notable policies or programs to support non-traditional students:
Wesleyan’s student population is full-time only and is almost 100% traditional. One exception is the POSSE Military Veterans program. Students in this program are guaranteed tuition & fees scholarships through a combination of veterans educational benefits and institutional funding. Generally, students in this program receive funding that fully covers Wesleyan’s cost of attendance.
Estimated percentage of students that participate in or directly benefit from the institution’s policies and programs to support low-income and non-traditional students:
Website URL where information about the institution’s accessibility and affordability initiatives is available:
Additional documentation to support the submission:
Upward Bound Math-Science: http://www.wesleyan.edu/ubms/math_science/index.html
Ronald E. McNair Post-Baccalaureate Achievement Program: http://www.wesleyan.edu/mcnair/)
Prospect Project: http://www.wesleyan.edu/ubms/prospect/index.html