Wells College

www.wells.edu

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2022 Undergraduate Tuition

$32,362

4.56% growth from 2021

2022 Average Net Price

$20,601

After Financial Aid

2019 Default Rate

2.15%

on Student Loans

2022 Acceptance Rate

87.7%

1,534 Applicants

2022 Enrolled Students

357

98.3% Full-Time

2022 Graduation Rate

50.8%

67 Graduates

About

Wells College is a higher education institution located in Cayuga County, NY. In 2022, the most popular Bachelors Degree concentrations at Wells College were General Biological Sciences (17 degrees awarded), General Business Administration & Management (9 degrees), and Creative Writing (4 degrees).

In 2022, 59 degrees were awarded across all undergraduate and graduate programs at Wells College. 62.7% of these degrees were awarded to women, and 37.3% awarded men. The most common race/ethnicity group of degree recipients was white (32 degrees), 2.67 times more than then the next closest race/ethnicity group, hispanic or latino (12 degrees).

The median undergraduate tuition at Wells College is $32,362, which is $4,032 more than the national average for Baccalaureate Colleges ($28,330).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2022, the median undergraduate tuition at Wells College is $32,362, which is $4,032 more than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $20,601.

In 2022, 99% of undergraduate students attending Wells College received financial aid through grants. Comparatively, 82% of undergraduate students received financial aid through loans.

Tuition Costs

$32,362

2022 Undergraduate Tuition

In 2022, the cost of tuition at Wells College was $32,362. The cost of tuition at Wells College is $4,032 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

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

Average Net Price

$20,601

2022 Value

3.2%

1 Year Growth

In 2022 Wells College had an average net price — the price paid after factoring in grants and loans — of $20,601. Between 2021 and 2022, the average net price of Wells College grew by 3.2%.

This chart compares the average net price of Wells 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

$14,800

Room and Board

$1,050

Books and Supplies

The average yearly cost of room and board at Wells College was of $14,800 in 2022. The cost of room and board increased by 2.07% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,050. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

99%

Undergraduates Receiving Financial Aid through Grants

82%

Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at Wells College received financial aid through grants or loans in 2022. This represents a growth of 0% with respect to 2021, when 99% of undergraduate students received financial aid.

This chart compares the average award discount at Wells 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.

2.15%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Wells College was 2.15%, which represents 4 out of the 186 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

Wells College received 1,534 undergraduate applications in 2022, which represents a 29.2% annual growth. Out of those 1,534 applicants, 1,345 students were accepted for enrollment, representing a 87.7% acceptance rate.

There were 357 students enrolled at Wells College in 2022.

Wells College has an overall enrollment yield of 10.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

87.7%

Acceptance Rate in 2022

1,345

Accepted Out of 1,534

In 2022, the undergraduate acceptance rate of Wells College was 87.7% (1,345 admissions from 1,534 applications). This is higher than the acceptance rate of 2021, which was 68.3%. Between 2021 and 2022, the number of applicants grew by 29.2%, while admissions declined by −9.12%..

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

Enrollment

Wells College had a total enrollment of 357 students in 2022. The full-time enrollment at Wells College is 351 students and the part-time enrollment is 6. This means that 98.3% of students enrolled at Wells College are enrolled full-time.

The enrolled student population at Wells College, both undergraduate and graduate, is 46.2% White, 13.4% Hispanic or Latino, 8.12% Black or African American, 2.8% Two or More Races, 1.96% Asian, and 0.56% American Indian or Alaska Native.

Students enrolled at Wells College in full-time Undergraduate programs are most commonly White Female (30.2%), followed by White Male (16%) and Hispanic or Latino Female (7.12%).

Full-Time vs Part-Time Enrollment

98.3%

Full-Time Enrollment

The total enrollment at Wells College in 2022, both undergraduate and graduate, is 357 students. The full-time enrollment at Wells College is 351 and the part-time enrollment is 6. This means that 98.3% of students enrolled at Wells College are enrolled full-time compared with 79.6% at similar Baccalaureate Colleges.

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

Retention Rate over Time

46%

2022 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 Wells College was 46%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Wells College had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
165 enrolled students
Hispanic or Latino
48 enrolled students
Black or African American
29 enrolled students

The enrolled student population at Wells College is 46.2% White, 13.4% Hispanic or Latino, 8.12% Black or African American, 2.8% Two or More Races, 1.96% Asian, and 0.56% 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 54.3% White, 13.8% Hispanic or Latino, and 13.1% 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, 91 students (25.5%) did not report their race.

Graduates

In 2022, 15 more women than men received degrees from Wells College. The most common race/ethnicity group of degree recipients at Wells College is white (32 degrees awarded). There were 2.67 times more white recipients than the next closest race/ethnicity group, hispanic or latino (12 degrees).

The most common Bachelor's Degree concentration at Wells College is General Biological Sciences (17 degrees awarded), followed by General Business Administration & Management (9 degrees) and Creative Writing (4 degrees).

In 2022, the most specialized majors across all degree types at Wells College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Biology (20 degrees awarded), English (4 degrees), and History (2 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 Wells College are Lawyers, & judges, magistrates, & other judicial workers (507,482 people), Physicians (439,434 people), Other managers (423,554 people), Postsecondary teachers (332,935 people), and Elementary & middle school teachers (328,860 people).

The most specialized majors at Wells College in 2022 are Biology (20 degrees awarded), English (4 degrees), History (2 degrees), Math & Statistics (2 degrees), and Social Sciences (7 degrees) (as of 2022).

Highest Paying Jobs by Major

Diagnostic medical sonographers

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Wells College are Diagnostic medical sonographers, Surgeons, Magnetic resonance imaging technologists, Physicians, and Nuclear medicine technologists and medical dosimetrists

The most specialized majors at Wells College are Biology (20 degrees awarded), English (4 degrees), History (2 degrees), Math & Statistics (2 degrees), and Social Sciences (7 degrees) (as of 2022).

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 Wells College are Elementary & secondary schools (813,877 people), Colleges, universities & professional schools, including junior colleges (714,142 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (607,598 people), Legal services (403,236 people), and Computer Systems Design (353,455 people).

The most specialized majors at Wells College are Biology (20 degrees awarded), English (4 degrees), History (2 degrees), Math & Statistics (2 degrees), and Social Sciences (7 degrees) (as of 2022).

Majors Awarded

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

Most Common (2022)

General Biological Sciences
17 degrees awarded
General Business Administration & Management
9 degrees awarded
Creative Writing
4 degrees awarded

In 2022, the most common bachelors degree concentration at Wells College was General Biological Sciences with 17 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 22 degrees were awarded to men at Wells College, which is 0.595 times less than the number of degrees awarded to females (37).

This chart displays the sex disparity between the top 5 majors at Wells College by degrees awarded.

Most Common Male Majors

In 2022, 5 degrees were awarded to men at Wells College in General Business Administration & Management, which is 1.25 times more than the 4 female recipients with that same degree.

Most Common Female Majors

In 2022, 13 degrees were awarded to men at Wells College in General Biological Sciences, which is 3.25 times more than the 4 male recipients with that same degree.

Time to Complete

54%

100% Completion Time

56%

150% Completion Time

In 2022, 54% of students graduating from Wells College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 56% completed their degrees within 150% of the normal time, and 56% 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.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Wells College is Male and Asian (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (73.2%).

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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
32 degrees awarded
Hispanic or Latino
12 degrees awarded
Black or African American
7 degrees awarded

The most common race/ethnicity at Wells College is white (32 degrees awarded). There were 2.67 times more white recipients than the next closest race/ethnicity group, hispanic or latino (12 degrees).

8.47% of degree recipients (5 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
18 degrees awarded
White Male
14 degrees awarded
Hispanic or Latino Female
9 degrees awarded

The most common race/ethnicity and sex grouping at Wells College is white female (18 degrees awarded). There were 1.29 times more white female recipients than the next closest race/ethnicity group, white male (14 degrees).

Operations

Wells College has an endowment valued at nearly $28.8M, as of the end of the 2022 fiscal year. The return on its endowment was of −NaNM (−20.8%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Wells College had a total salary expenditure of 23.1M. Wells College employs 20 Assistant professors, 9 Professors and 6 Associate professors. Most academics at Wells College are Female Assistant professor (13), Male Assistant professor (7), and Male Professor (6).

The most common positions for non-instructional staff at Wells College are: Service, with 24 employees, Management, with 23 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 21 employees.

Endowment

$28.8M

2022 Endowment

13.3%

decline from 2021

Wells College has an endowment valued at about $28.8M, as of the end of the 2022 fiscal year. The endowment of Wells College declined 13.3% from the previous year. The value of their endowment was $20.5M lower than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Wells 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

$8.56M

2022 Salaries

6.3%

growth from 2021

In 2022, Wells College paid a median of $8.56M in salaries, which represents 37.1% of their overall expenditure ($23.1M) and a 6.3% growth from the previous year.

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

Instructional Salaries

$2.66M

Instructional Salaries

Number of Employees

In 2022, Wells College paid a total of $2.66M to 36 employees working as instructors, which represents 31.1% of all salaries paid.

This is compared to a median of $5.04M (32.1%) for similar Baccalaureate Colleges.

Occupations by Share

Assistant professor

Most Common Instructor

20 Employees

Service

Most Common Non-Instructional Employee

24 Employees

In 2022, the most common positions for instructional staff at Wells College were Assistant professor with 20 employees, Professor with 9 employees, and Associate professor with 6 employees.

In 2022, the most common positions for non-instructional staff at Wells College were Service with 24 employees, Management with 23 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 21 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Assistant professor
Male Assistant professor
Male Professor

In 2022, the most common demographic for instructional staff at Wells College was Female Assistant professor with 13 employees, Male Assistant professor with 7 employees, and Male Professor with 6 employees.

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

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