Wells College

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2017 Undergraduate Tuition

$38,100

2.89% growth from 2016

2017 Average Net Price

$23,445

After Financial Aid

2016 Student Loan

6.98%

Default Rate

2017 Acceptance Rate

79.7%

1,693 Applicants

2017 Enrolled Students

488

98.6% Full-Time

2016 Graduation Rate

53%

87 Graduates

About

Wells College is a higher education institution located in Cayuga County, NY. In 2016, the most popular Bachelor's Degree concentrations at Wells College were General Psychology (17 degrees awarded), General Biological Sciences (14 degrees), and General Business Administration & Management (12 degrees).

In 2017, 123 degrees were awarded across all undergraduate and graduate programs at Wells College. 73.2% of these degrees were awarded to women, and 26.8% awarded men. The majority of degree recipients were white (83 degrees), 5.93 times more than then the next closest race/ethnicity group, unknown (14 degrees).

The median undergraduate tuition at Wells College is $38,100, which is $12,906 more than the national average for Baccalaureate Colleges ($25,194).

Costs

The median undergraduate tuition at Wells College is $38,100, which is $12,906 more than the national average for Baccalaureate Colleges ($25,194).

After taking grants and loans into account, the average net price for students is $23,445.

In 2017, 99% of undergraduate students received federal grants, while 90% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$38,100

2017 Undergraduate Tuition

In 2017, the cost of tuition at Wells College was $38,100. The cost of tuition at Wells College is $12,906 more than than the overall (public and private) national average for Baccalaureate Colleges ($25,194).

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Average Net Price

$23,445

2017 Value

22.1%

1 Year Growth

In 2017 Wells College had an average net price — the price paid after factoring in grants and loans — of $23,445. Between 2016 and 2017, the average net price of Wells College grew by 22.1%.

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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.

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Other Student Expenses

$13,930

Room and Board

$1,050

Books and Supplies

The average yearly cost of room and board at Wells College was of $13,930 in 2017. During the same period, the average yearly cost of books and supplies was $1,050. The cost of room and board increased by 1.31% between 2016 and 2017. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

99%

Of Undergraduates Receive Grants

90%

Of Undergraduates Receive Federal Loans

99% of undergraduate students at Wells College received grants or loans in 2017. This represents a growth of 1.02% with respect to 2016, when 98% 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.

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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.

6.98%

2016 Default Rate

12

Number of Defaults

In 2016 the default rate for borrower's at Wells College was 6.98%, which represents 12 out of the 172 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.

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Admissions

Wells College received 1,693 undergraduate applications in 2017, which represents a 44.1% annual growth. Out of those 1,693 applicants, 1,350 students were accepted for enrollment, representing a 79.7% acceptance rate.

There were 488 students enrolled at Wells College in 2017, and N/A% of first-time enrollees submitted SAT scores with their applications.

Wells College has an overall enrollment yield of 10.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

79.7%

Acceptance Rate in 2017

1,350

Accepted Out of 1,693

In 2017, the undergraduate acceptance rate of Wells College was 79.7% (1,350 admissions from 1,693 applications). This is lower than the acceptance rate of 2016, which was 92.4%. Between 2016 and 2017, the number of applicants grew by 44.1%, while admissions grew by 24.3%.

This chart compares the acceptance rate of Wells College (in red) with that of other similar universities.

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SAT Scores

N/A%

Submission Percentage

0

Scores Submitted

N/A% of enrolled first-time students at Wells College in 2017 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Wells College has a total enrollment of 488 students. The full-time enrollment at Wells College is 481 students and the part-time enrollment is 7. This means that 98.6% of students enrolled at Wells College are enrolled full-time.

The enrolled student population at Wells College, both undergraduate and graduate, is 60.7% White, 13.5% Hispanic or Latino, 13.3% Black or African American, 2.25% Two or More Races, 1.84% Asian, 1.02% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Wells College in full-time Undergraduate programs are majority White Female (41%), followed by White Male (20.2%) and Hispanic or Latino Female (8.94%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

98.6%

Full-Time Enrollment

The total enrollment at Wells College, both undergraduate and graduate, is 488 students. The full-time enrollment at Wells College is 481 and the part-time enrollment is 7. This means that 98.6% of students enrolled at Wells College are enrolled full-time compared with 80.6% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

70%

2017 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 70%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    296

  2. Hispanic or Latino

    66

  3. Black or African American

    65

The enrolled student population at Wells College is 60.7% White, 13.5% Hispanic or Latino, 13.3% Black or African American, 2.25% Two or More Races, 1.84% Asian, 1.02% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 54.9% White, 14% Black or African American, and 12.6% Hispanic or Latino.

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, 36 students (7.38%) did not report their race.

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Graduates

In 2017, 57 more women than men received degrees from Wells College. The majority of degree recipients at Wells College are white (83 degrees awarded). There were 5.93 times more white graduates than the next closest race/ethnicity group, unknown (14 degrees).

The most common Bachelor's Degree concentration at Wells College is General Psychology (17 degrees awarded), followed by General Biological Sciences (14 degrees) and General Business Administration & Management (12 degrees).

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 Natural Resources & Conservation (8 degrees awarded), Biology (24 degrees), and Cultural & Gender Studies (2 degrees).

Workforce

Common Jobs by Major

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 Physicians (395,552 people), Elementary & middle school teachers (306,659 people), Postsecondary teachers (237,871 people), Other managers (227,561 people), and Lawyers, & judges, magistrates, & other judicial workers (120,342 people).

The most specialized majors at Wells College are Natural Resources & Conservation (8 degrees awarded), Biology (24 degrees), Cultural & Gender Studies (2 degrees), English (7 degrees), and Visual & Performing Arts (15 degrees).

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Highest Paying Jobs by Major

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 Surgeons, Electrical & electronics engineers, Physicians, Sales managers, and Dentists

The most specialized majors at Wells College are Natural Resources & Conservation (8 degrees awarded), Biology (24 degrees), Cultural & Gender Studies (2 degrees), English (7 degrees), and Visual & Performing Arts (15 degrees).

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Common Industries by Major

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 (544,472 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (520,235 people), Colleges, universities & professional schools, including junior colleges (494,893 people), Offices of physicians (191,788 people), and Computer Systems Design (156,853 people).

The most specialized majors at Wells College are Natural Resources & Conservation (8 degrees awarded), Biology (24 degrees), Cultural & Gender Studies (2 degrees), English (7 degrees), and Visual & Performing Arts (15 degrees).

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Degrees

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

  1. 17 degrees awarded

  2. 14 degrees awarded

  3. 12 degrees awarded

In 2017, the most common bachelors degree concentration at Wells College was General Psychology with 17 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 33

  2. 90

In 2017, 33 degrees were awarded to men at Wells College, which is 0.367 times less than the number of degrees awarded to females (90).

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

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Most Common Male Majors

In 2017, 7 degrees were awarded to men at Wells College in General Business Administration & Management, which is 1.4 times more than the 5 female recipients with that same degree.

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Most Common Female Majors

In 2017, 15 degrees were awarded to women at Wells College in General Psychology, which is 7.5 times more than the 2 male recipients with that same degree.

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Time to Complete

43%

100% Completion Time

46%

150% Completion Time

In 2017, 43% of students graduating from Wells College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 46% completed their degrees within 150% of the normal time, and 46% 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Wells College is Female and Asian (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (67.2%).

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.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 6.9% of graduates (6 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    83 degrees awarded

  2. Unknown

    14 degrees awarded

  3. Black or African American

    11 degrees awarded

The most common race/ethnicity at Wells College is white (83 degrees awarded). There were 5.93 times more white recipients than the next closest race/ethnicity group, unknown (14 degrees).

11.4% of degree recipients (14 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    61 degrees awarded

  2. White Male

    22 degrees awarded

  3. Two or More Races Female

    6 degrees awarded

The most common race/ethnicity and gender grouping at Wells College is white female (61 degrees awarded). There were 2.77 times more white female recipients than the next closest race/ethnicity group, white male (22 degrees).

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Operations

Wells College has an endowment valued at nearly $35.9M, as of the end of the 2017 fiscal year. The return on its endowment was of $1.5M (4.19%), compared to the 7.76% average return ($2.88M on $37.1M) across all Baccalaureate Colleges.

In 2017, Wells College had a total expenditure of $22.8M. Of that $22.8M, they spent $8.37M on salaries and $22.8M on benefits.

Wells College employs 14 Professors, 14 Assistant professors, and 9 Associate professors. Most academics at Wells College are Female Assistant professors (9), Male Professors(8), and Female Professors (6).

The most common positions for non-instructional staff at Wells College are: Management, with 23 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 23 employees, and Service with 20 employees.

Finances

Endowment

$35.9M

2017 Endowment

5.52%

growth from 2016

Wells College has an endowment valued at about $35.9M, as of the end of the 2017 fiscal year. The endowment of Wells College grew 5.52% from the previous year. The value of their endowment was $1.24M 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.

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Government Grants and Contracts

Grants & Contracts

  1. $174k - Federal

  2. $39k - State

  3. $0 - Local

As of 2017, Wells College received $174k in grants and contracts from the federal government, $39k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$8.37M

Salary Expenditure

$22.8M

Benefits Expenditure

In 2017, Wells College had a total expenditure of $22.8M. Of that $22.8M, they spent $8.37M on salaries and $22.8M on benefits.

The bar chart shows the share of the primary expenses at Wells College over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Baccalaureate Colleges Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Wells College as a share of total expenditure.

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Salary Expenditure

$8.37M

2017 Salaries

20.4%

growth from 2016

In 2017, Wells College paid a median of $8.37M in salaries, which represents 36.7% of their overall expenditure ($22.8M) and a 20.4% growth from the previous year. This is compared to a 13.6% decline from 2015 and a 0.881% growth from 2014.

The median for similar Baccalaureate Colleges is 14.2M (38.9% of overall expenditures).

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Instructional Salaries

$2.56M

Instructional Salaries

41

Number of Employees

In 2017, Wells College paid a total of $2.56M to 41 employees working as instructors, which represents 30.6% of all salaries paid.

This is compared to a median of $8.01M (34.6%) for similar Baccalaureate Colleges: Arts & Sciences Focus.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

14 Employees

Management

Most Common Non-Instructional Employee

23 Employees

In 2017, the most common positions for instructional staff at Wells College were Professor with 14 employees; Assistant professor with 14 employees; and Assistant professor with 9 employees.

In 2017, the most common positions for non-instructional staff at Wells College were Management with 23 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 23 employees; and Service with 20 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Female Assistant professor

  2. Male Professor

  3. Female Professor

In 2017, the most common demographic for instructional staff at Wells College was Female Assistant professor with 9 employees, Male Professor with 8 employees, and Female Professor with 6 employees.

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

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