Wells College

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2020 Undergraduate Tuition
$30,300
3.06% growth from 2019
2020 Average Net Price
$20,066
After Financial Aid
2018 Student Loan
6.59%
Default Rate
2020 Acceptance Rate
64.4%
1,998 Applicants
2020 Enrolled Students
357
98.3% Full-Time
2020 Graduation Rate
55.8%
91 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 (16 degrees awarded), General Biological Sciences (14 degrees), and General Business Administration & Management (14 degrees).

In 2020, 86 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 most common race/ethnicity group of degree recipients was white (55 degrees), 4.23 times more than then the next closest race/ethnicity group, hispanic or latino (13 degrees).

The median undergraduate tuition at Wells College is $30,300, which is $1,900 more than the national average for Baccalaureate Colleges ($28,400).

Costs

The median undergraduate tuition at Wells College is $30,300, which is $1,900 more than the national average for Baccalaureate Colleges ($28,400).

After taking grants and loans into account, the average net price for students is $20,066.

In 2020, 98% of undergraduate students received federal grants, while 85% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$30,300
2020 Undergraduate Tuition

In 2020, the cost of tuition at Wells College was $30,300. The cost of tuition at Wells College is $1,900 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,400).

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Average Net Price

$20,066
2020 Value
8.59%
1 Year Growth

In 2020 Wells College had an average net price — the price paid after factoring in grants and loans — of $20,066. Between 2019 and 2020, the average net price of Wells College grew by 8.59%.

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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

$14,100
Room and Board
$1,050
Books and Supplies

The average yearly cost of room and board at Wells College was of $14,100 in 2020. During the same period, the average yearly cost of books and supplies was $1,050. The cost of room and board decreased by 1.4% between 2019 and 2020. 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
85%
Of Undergraduates Receive Federal Loans

98% of undergraduate students at Wells College received grants or loans in 2020. This represents a growth of 1.03% with respect to 2019, when 97% 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.
6.59%
2018 Default Rate
12
Number of Defaults

In 2018 the default rate for borrower's at Wells College was 6.59%, which represents 12 out of the 182 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 1,998 undergraduate applications in 2020, which represents a 8.12% annual growth. Out of those 1,998 applicants, 1,286 students were accepted for enrollment, representing a 64.4% acceptance rate.

There were 357 students enrolled at Wells College in 2020, and 0% of first-time enrollees submitted SAT scores with their applications.

Wells College has an overall enrollment yield of 9.56%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

64.4%
Acceptance Rate in 2020
1,286
Accepted Out of 1,998

In 2020, the undergraduate acceptance rate of Wells College was 64.4% (1,286 admissions from 1,998 applications). This is lower than the acceptance rate of 2019, which was 83.2%. Between 2019 and 2020, the number of applicants grew by 8.12%, while admissions declined by −16.3%.

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

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SAT Scores

0%
Submission Percentage
0
Scores Submitted

0% of enrolled first-time students at Wells College in 2020 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 357 students. 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 54.1% White, 18.2% Hispanic or Latino, 12.3% Black or African American, 3.92% Two or More Races, 2.52% Asian, 1.96% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Wells College in full-time Undergraduate programs are most commonly White Female (35.6%), followed by White Male (18.5%) and Hispanic or Latino Female (12.3%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

98.3%
Full-Time Enrollment

The total enrollment at Wells College, 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 80.1% 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

52%
2020 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 52%. 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
    193
  2. Hispanic or Latino
    65
  3. Black or African American
    44

The enrolled student population at Wells College is 54.1% White, 18.2% Hispanic or Latino, 12.3% Black or African American, 3.92% Two or More Races, 2.52% Asian, 1.96% 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 54.8% White, 13.8% Black or African American, and 13.4% 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, 24 students (6.72%) did not report their race.

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Graduates

In 2020, 30 more women than men received degrees from Wells College. The most common race/ethnicity group of degree recipients at Wells College is white (55 degrees awarded). There were 4.23 times more white graduates than the next closest race/ethnicity group, hispanic or latino (13 degrees).

The most common Bachelor's Degree concentration at Wells College is General Psychology (16 degrees awarded), followed by General Biological Sciences (14 degrees) and General Business Administration & Management (14 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 Cultural & Gender Studies (3 degrees awarded), English (7 degrees), and History (3 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 (445,722 people), Other managers (275,915 people), Elementary & middle school teachers (267,744 people), Postsecondary teachers (251,917 people), and Lawyers, & judges, magistrates, & other judicial workers (239,064 people).

The most specialized majors at Wells College are Cultural & Gender Studies (3 degrees awarded), English (7 degrees), History (3 degrees), Psychology (16 degrees), and Biology (14 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, Securities, commodities, & financial services sales agents, Agents & business managers of artists, performers, & athletes, Computer hardware engineers, and Physicians

The most specialized majors at Wells College are Cultural & Gender Studies (3 degrees awarded), English (7 degrees), History (3 degrees), Psychology (16 degrees), and Biology (14 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 (779,265 people), Colleges, universities & professional schools, including junior colleges (617,029 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (610,051 people), Offices of physicians (254,103 people), and Outpatient care centers (235,007 people).

The most specialized majors at Wells College are Cultural & Gender Studies (3 degrees awarded), English (7 degrees), History (3 degrees), Psychology (16 degrees), and Biology (14 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. 16 degree-majorss awarded
  2. 14 degree-majorss awarded
  3. 14 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Wells College was General Psychology with 16 degrees awarded.

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

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Sex Breakdown for Common Majors

28
Degrees Awarded to Men
in 2020
58
Degrees Awarded to Women
in 2020

In 2020, 28 degrees were awarded to men at Wells College, which is 0.483 times less than the number of degrees awarded to females (58).

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

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Most Common Male Majors

In 2020, 11 degrees were awarded to men at Wells College in General Business Administration & Management, which is 3.67 times more than the 3 female recipients with that same degree.

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Most Common Female Majors

In 2020, 12 degrees were awarded to women at Wells College in General Biological Sciences, which is 6 times more than the 2 male recipients with that same degree.

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Time to Complete

58%
100% Completion Time
60%
150% Completion Time

In 2020, 58% of students graduating from Wells College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 60% completed their degrees within 150% of the normal time, and 61% 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 Sex

Showing demographic groups with ≥ 5 graduating students.
American Indian or Alaska Native Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Wells College is Male and American Indian or Alaska Native (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (72.4%).

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, 4.4% of graduates (4 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    55 degrees awarded
  2. Hispanic or Latino
    13 degrees awarded
  3. Black or African American
    9 degrees awarded

The most common race/ethnicity at Wells College is white (55 degrees awarded). There were 4.23 times more white recipients than the next closest race/ethnicity group, hispanic or latino (13 degrees).

6.98% of degree recipients (6 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Female
    37 degrees awarded
  2. White Male
    18 degrees awarded
  3. Hispanic or Latino Female
    9 degrees awarded

The most common race/ethnicity and sex grouping at Wells College is white female (37 degrees awarded). There were 2.06 times more white female recipients than the next closest race/ethnicity group, white male (18 degrees).

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Operations

Wells College has an endowment valued at nearly $27.5M, as of the end of the 2020 fiscal year. The return on its endowment was of $−NaNk (−0.877%), compared to the 2.06% average return ($820k on $39.8M) across all Baccalaureate Colleges.

In 2020, Wells College had a total salary expenditure of $21.7M. Wells College employs 13 Professors, 12 Assistant professors, and 4 Associate professors. Most academics at Wells College are Male Professors (7), Female Assistant professors(7), and Female Professors (6).

The most common positions for non-instructional staff at Wells College are: Management, with 23 employees, Service, with 22 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 19 employees.

Finances

Endowment

$27.5M
2020 Endowment
0.698%
growth from 2019

Wells College has an endowment valued at about $27.5M, as of the end of the 2020 fiscal year. The endowment of Wells College grew 0.698% from the previous year. The value of their endowment was $12.3M 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. $2.46M - Federal
  2. $53.9k - State
  3. $0 - Local

As of 2020, Wells College received $2.46M in grants and contracts from the federal government, $53.9k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$8.16M
2020 Salaries
8.42%
decline from 2019

In 2020, Wells College paid a median of $8.16M in salaries, which represents 37.6% of their overall expenditure ($21.7M) and a 8.42% decline from the previous year. This is compared to a 1.94% growth from 2018 and a 4.4% growth from 2017.

The median for similar Baccalaureate Colleges is 15.4M (40.8% of overall expenditures).

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Instructional Salaries

$1.87M
Instructional Salaries
31
Number of Employees

In 2020, Wells College paid a total of $1.87M to 31 employees working as instructors, which represents 22.9% of all salaries paid.

This is compared to a median of $4.78M (31%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
13 Employees
Management
Most Common Non-Instructional Employee
23 Employees

In 2020, the most common positions for instructional staff at Wells College were Professor with 13 employees; Assistant professor with 12 employees; and Assistant professor with 4 employees.

In 2020, the most common positions for non-instructional staff at Wells College were Management with 23 employees; Service with 22 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 19 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic
  1. Male Professor
  2. Female Assistant professor
  3. Female Professor

In 2020, the most common demographic for instructional staff at Wells College was Male Professor with 7 employees, Female Assistant professor with 7 employees, and Female Professor with 6 employees.

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

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