Wells College

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2016 Undergraduate Tuition

$37,030

2.86% growth from 2015

2016 Average Net Price

$19,209

After Financial Aid

2015 Student Loan

9.41%

Default Rate

2016 Acceptance Rate

92.4%

1,175 Applicants

2016 Enrolled Students

510

99.6% 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 (29 degrees awarded), Sociology & Anthropology (10 degrees), and General Biological Sciences (10 degrees).

In 2016, 141 degrees were awarded across all undergraduate and graduate programs at Wells College. 67.4% of these degrees were awarded to women, and 32.6% awarded men. The majority of degree recipients were white (106 degrees), 8.83 times more than then the next closest race/ethnicity group, black or african american (12 degrees).

The median undergraduate tuition at Wells College is $37,030, which is $12,615 more than the national average for Baccalaureate Colleges ($24,415).

Costs

The median undergraduate tuition at Wells College is $37,030, which is $12,615 more than the national average for Baccalaureate Colleges ($24,415).

After taking grants and loans into account, the average net price for students is $19,209.

In 2016, 98% of undergraduate students received federal grants, while 89% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$37,030

2016 Undergraduate Tuition

In 2016, the cost of tuition at Wells College was $37,030. The cost of tuition at Wells College is $12,615 more than than the overall (public and private) national average for Baccalaureate Colleges ($24,415).

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Average Net Price

$19,209

2016 Value

6.49%

1 Year Growth

In 2016 Wells College had an average net price — the price paid after factoring in grants and loans — of $19,209. Between 2015 and 2016, the average net price of Wells College grew by 6.49%.

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.

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Other Student Expenses

$13,750

Room and Board

$1,050

Books and Supplies

The average yearly cost of room and board at Wells College was of $13,750 in 2016. During the same period, the average yearly cost of books and supplies was $1,050. The cost of room and board increased by 1.1% between 2015 and 2016. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

98%

Of Undergraduates Receive Grants

89%

Of Undergraduates Receive Federal Loans

98% of undergraduate students at Wells College received grants or loans in 2016. This represents a growth of 3.16% with respect to 2015, when 95% 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.

9.41%

2015 Default Rate

16

Number of Defaults

In 2015 the default rate for borrower's at Wells College was 9.41%, which represents 16 out of the 170 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 1,175 undergraduate applications in 2016, which represents a 47.2% annual decline. Out of those 1,175 applicants, 1,086 students were accepted for enrollment, representing a 92.4% acceptance rate.

There were 510 students enrolled at Wells College in 2016, and 85% of first-time enrollees submitted SAT scores with their applications.

Wells College has an overall enrollment yield of 12.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

92.4%

Acceptance Rate in 2016

1,086

Accepted Out of 1,175

In 2016, the undergraduate acceptance rate of Wells College was 92.4% (1,086 admissions from 1,175 applications). This is higher than the acceptance rate of 2015, which was 62.7%. Between 2015 and 2016, the number of applicants declined by -472%, while admissions declined by -222%.

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

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SAT Scores

85%

Submission Percentage

112

Scores Submitted

85% of enrolled first-time students at Wells College in 2016 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 510 students. The full-time enrollment at Wells College is 508 students and the part-time enrollment is 2. This means that 99.6% of students enrolled at Wells College are enrolled full-time.

The enrolled student population at Wells College, both undergraduate and graduate, is 62.2% White, 13.1% Black or African American, 12.7% Hispanic or Latino, 1.57% Asian, 0.392% American Indian or Alaska Native, 0.196% Native Hawaiian or Other Pacific Islanders, and 0.196% Two or More Races.

Students enrolled at Wells College in full-time Undergraduate programs are majority White Female (43.9%), followed by White Male (18.3%) and Hispanic or Latino Female (8.27%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

99.6%

Full-Time Enrollment

The total enrollment at Wells College, both undergraduate and graduate, is 510 students. The full-time enrollment at Wells College is 508 and the part-time enrollment is 2. This means that 99.6% of students enrolled at Wells College are enrolled full-time compared with 81% 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

79%

2016 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 79%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), Wells College had a retention rate higher 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

    317

  2. Black or African American

    67

  3. Hispanic or Latino

    65

The enrolled student population at Wells College is 62.2% White, 13.1% Black or African American, 12.7% Hispanic or Latino, 1.57% Asian, 0.392% American Indian or Alaska Native, 0.196% Native Hawaiian or Other Pacific Islanders, and 0.196% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 55.6% White, 14% Black or African American, and 12.4% 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, 49 students (9.61%) did not report their race.

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Graduates

In 2016, 49 more women than men received degrees from Wells College. The majority of degree recipients at Wells College are white (106 degrees awarded). There were 8.83 times more white graduates than the next closest race/ethnicity group, black or african american (12 degrees).

The most common Bachelor's Degree concentration at Wells College is General Psychology (29 degrees awarded), followed by Sociology & Anthropology (10 degrees) and General Biological Sciences (10 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), English (16 degrees), and History (8 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Wells College are Elementary & middle school teachers (323,407 people), Miscellaneous managers (280,261 people), Postsecondary teachers (240,897 people), Lawyers, & judges, magistrates, & other judicial workers (209,508 people), and Counselors (182,318 people).

The most specialized majors at Wells College are Natural Resources & Conservation (8 degrees awarded), English (16 degrees), History (8 degrees), Physical Sciences (9 degrees), and Psychology (29 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 Physicians & surgeons, Securities, commodities, & financial services sales agents, Aircraft pilots & flight engineers, Chief executives & legislators, and Dentists

The most specialized majors at Wells College are Natural Resources & Conservation (8 degrees awarded), English (16 degrees), History (8 degrees), Physical Sciences (9 degrees), and Psychology (29 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 (671,949 people), Colleges, universities & professional schools, including junior colleges (470,579 people), Hospitals (300,877 people), Legal services (180,984 people), and Computer Systems Design (158,490 people).

The most specialized majors at Wells College are Natural Resources & Conservation (8 degrees awarded), English (16 degrees), History (8 degrees), Physical Sciences (9 degrees), and Psychology (29 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. 29 degrees awarded

  2. 10 degrees awarded

  3. 10 degrees awarded

In 2016, the most common bachelors degree concentration at Wells College was General Psychology with 29 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. 46

  2. 95

In 2016, 46 degrees were awarded to men at Wells College, which is 0.484 times less than the number of degrees awarded to females (95).

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 2016, 6 degrees were awarded to men at Wells College in General Business Administration & Management, which is 2 times more than the 3 female recipients with that same degree.

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Most Common Female Majors

In 2016, 23 degrees were awarded to women at Wells College in General Psychology, which is 3.83 times more than the 6 male recipients with that same degree.

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Time to Complete

55%

100% Completion Time

58%

150% Completion Time

In 2016, 55% of students graduating from Wells College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 58% completed their degrees within 150% of the normal time, and 58% 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

    106 degrees awarded

  2. Black or African American

    12 degrees awarded

  3. Hispanic or Latino

    7 degrees awarded

The most common race/ethnicity at Wells College is white (106 degrees awarded). There were 8.83 times more white recipients than the next closest race/ethnicity group, black or african american (12 degrees).

4.96% of degree recipients (7 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    67 degrees awarded

  2. White Male

    39 degrees awarded

  3. Black or African American Female

    10 degrees awarded

The most common race/ethnicity and gender grouping at Wells College is white female (67 degrees awarded). There were 1.72 times more white female recipients than the next closest race/ethnicity group, white male (39 degrees).

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Operations

Wells College has an endowment valued at nearly $34M, as of the end of the 2015 fiscal year. The return on its endowment was of $-621k (-1.83%), compared to the 2.13% average return ($717k on $33.6M) across all Baccalaureate Colleges.

In 2015, Wells College had a total expenditure of $21.9M. Of that $21.9M, they spent $8.05M on salaries and $21.9M on benefits.

Wells College employs 14 Professors, 11 Assistant professors, and 8 Associate professors. Most academics at Wells College are Male Professors (8), Female Assistant professors(8), and Female Professors (6).

The most common positions for non-instructional staff at Wells College are: Management, with 24 employees, Service, with 17 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 17 employees.

Finances

Endowment

$34M

2015 Endowment

0.473%

decline from 2014

Wells College has an endowment valued at about $34M, as of the end of the 2015 fiscal year. The endowment of Wells College declined 0.473% from the previous year. The value of their endowment was $327k higher 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. $75.5k - Federal

  2. $31.9k - State

  3. $0 - Local

As of 2015, Wells College received $75.5k in grants and contracts from the federal government, $31.9k 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.

$8.05M

Salary Expenditure

$21.9M

Benefits Expenditure

In 2015, Wells College had a total expenditure of $21.9M. Of that $21.9M, they spent $8.05M on salaries and $21.9M 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

$8.05M

2015 Salaries

0.881%

growth from 2014

In 2015, Wells College paid a median of $8.05M in salaries, which represents 36.7% of their overall expenditure ($21.9M) and a 0.881% growth from the previous year. This is compared to a 2.97% growth from 2013 and a 0.649% growth from 2012.

The median for similar Baccalaureate Colleges is 13.3M (38.4% of overall expenditures).

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Instructional Salaries

$2.29M

Instructional Salaries

36

Number of Employees

In 2015, Wells College paid a total of $2.29M to 36 employees working as instructors, which represents 28.5% of all salaries paid.

This is compared to a median of $4.52M (34%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

14 Employees

Management

Most Common Non-Instructional Employee

24 Employees

In 2016, the most common positions for instructional staff at Wells College were Professor with 14 employees; Assistant professor with 11 employees; and Assistant professor with 8 employees.

In 2016, the most common positions for non-instructional staff at Wells College were Management with 24 employees; Service with 17 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 17 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Female Assistant professor

  3. Female Professor

In 2016, the most common demographic for instructional staff at Wells College was Male Professor with 8 employees, Female Assistant 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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