The Award Notification

All admitted students who applied for financial aid will receive an Award Notification that is available electronically.

First time students who are admitted to Wesleyan will receive a financial aid award offer at the time of the admission decision notification. This offer will be viewable on WesCheck.

Returning students will receive an email notification prompting them to view the financial aid award offer via the SIMON portal.

Subsequent adjustments to the award may be made at any time based on additional information. Students are notified by email when an adjustment occurs and are directed to review their updated award in either WesCheck or SIMON. A student may decline all or a portion of the award(s) by submitting a signed, written statement to the Financial Aid Office. 

View a sample financial aid award notification below.

View a PDF version of award notification.

Understanding Your Award Offer

The financial aid award offer consists of six parts:  

  1. The student’s cost of attendance, which itemizes the cost of attending for the period of the award (usually a full academic year of two semesters) 

  2. A display of the family contribution
    (student and parental obligation), the calculated amount that the family is expected to contribute toward educational expenses 
  3. A listing of the amounts and types of aid for which the student is eligible 

  4. An estimate of the annual net cost
    (the amount of billed charges and indirect expenses in the cost of an admitted student’s attendance not covered by grant aid)

  5. An estimate of the amount admitted students must pay to Wesleyan for the charges billed by the institution 
(sample student statement)
  6. Notes pertaining to your financial aid application and instructions for submitting follow-up documents so that funds may be credited to your account, if applicable 


The financial need listed on the award offer is the difference between the Cost of Attendance and the Expected Family Contribution. Usually, the total amount of financial aid awarded is equal to the financial need.

Requesting a Review

Wesleyan recognizes that occasionally a family may experience a sudden and precipitous change in financial circumstances. In such an event, Wesleyan is willing to review a student’s eligibility for additional assistance at any time. A request for a review must be made in writing and submitted with appropriate documentation to substantiate the change in circumstances. Check out some additional information on the reconsideration process.

Verification of Information

Some financial aid applicants are selected by the U.S. Department of Education to submit additional documentation to the Financial Aid Office to verify information reported on their financial aid application. If you are selected for verification, you may be asked to complete a Verification Worksheet and provide Internal Revenue Service (IRS) Income Verification to our office.  
 
IRS Income Verification can be obtained by requesting a tax transcript through the IRS. If there are discrepancies in information between the original application and the verification worksheet, the award may be adjusted. Check out more detailed instructions on the verification process and what additional documents we may need. Check out more detailed instructions on the verification process and what additional documents you may need.

Wesleyan University
Undergraduate College Financing Plan

May 25, 2021

Jane1 Test, 133337

Total Cost of Attendance 2021-2022
On Campus Residence Off Campus Residence
Tuition and Fees $62,049
Housing and meals $17,531
Books and supplies $2,665
Transportation $150
Other education costs N/A
Cost of Attendance $82,395/ yr N/A

1. The student’s cost of attendance, which itemizes the cost of attending for the period of the award (usually a full academic year of two semesters).

 

Expected Family Contribution
Based on FAFSA
As calculated by the institution using information reported on the FAFSA or to your institution.		 $5,993/ yr
Based on Institutional Methodology
Used by most private institutions in addition to FAFSA		 $9,646 / yr

2. A display of the family contribution
(student and parental obligation), the calculated amount that the family is expected to contribute toward educational expenses .

 

Scholarship and Grant Options
Scholarships and Grants are considered "Gift" aid - no repayment is needed.

Scholarships
Merit-Based Scholarships
Scholarships from your school N/A
Scholarships from your state N/A
Other scholarships N/A
Employer Paid Tuition Benefits N/A
Total Scholarships N/A
Grants
Need-Based Grant Aid
Federal Pell Grants $0
Institutional Grants $69,999
State Grants $0
Other forms of grant aid $0
Total Grants $69,999/yr

3. A listing of the amounts and types of aid for which the student is eligible.

 

College Costs You Will Be Required to Pay
Net Price
(Cost of attendance minus total grants and scholarships)		 $12,396 / yr

4. An estimate of the annual net cost
(the amount of billed charges and indirect expenses in the cost of an admitted student’s attendance not covered by grant aid) 

Loan and Work Options to Pay the Net Price to You
You must repay loans, plus interest and fees

Loan Options*
Federal Direct Subsidized Loan
(3.73% interest rate) (1.057% origination fee) 		 $
Federal Direct Unsubsidized Loan
(3.73% interest rate) (1.057% origination fee)		 $
Private Loan
(check with your lender on interest and fees)
Institutional Loan
(8% interest rate) (no origination fee)
Parents may also apply for the following:
Parent Plus Federal Loan
(6.28% interest rate) (4.228% origination fee)
Total Loan Options

*For federal student loans, origination fees are deducted from loan proceeds. Current loan interest rates are based on loans disbursed before July 1, 2021.

6. Notes pertaining to your financial aid application and instructions for submitting follow-up documents so that funds may be credited to your account, if applicable

Work Options
Work-study
Hours Per Week (estimated)    		 $2,750 / yr
8/week
Other Campus Job N/A
Total Work $2,750 / yr

For More Information

Wesleyan University
Financial Aid Office
237 High Street
Middletown, CT 06459
Telephone: (860) 685-2800
E-mail: finaid@wesleyan.edu
Other Options
Income Share Agreement N/A

* Loan Amounts
Note the maximum amount available to you is based on class year. The amount of loan offered to you may be lower than the maximum amount available. To learn about loan repayment choices and calculate your Federal Loan monthly payment, go to: https://studentaid.gov/h/manageloans.

Next steps

  • Review Notes from your financial aid counselor section to see if any additional documents need to be submitted at this time.
  • If missing documents are listed on your award letter, please submit these documents as soon as possible to finalize your estimated family contribution and financial aid award.
Customized Information from Wesleyan University

Education Tax Benefits

  • American Opportunity Tax Credit (AOTC): Parents or students may qualify to receive up to $2,500 by claiming the American Opportunity Tax Credit on their tax return during the following calendar year.
  • 529 Savings Plan: 529 Savings Plan is a college savings plan that offers tax and financial aid benefits.
  • Prepaid Tuition Plans: Prepaid Tuition Plans let you pre-pay all or part of the costs of an in-state public college education. They may also be converted for use at private and out-of-state colleges. The Private College 529 Plan is a separate prepaid plan for private colleges, sponsored by more than 250 private colleges.
  • Lifetime Learning Credit (LLC): Parents or students may qualify to receive up to $2,000 by claiming the LLC on their tax return. This credit may be taken for an unlimited account of tax years, is non-refundable and cannot be combined with the AOTC in a tax year.
  • Student Loan Interest Deduction: Student loan borrowers may qualify to receive up to $2,500 by claiming the deduction on their tax return if they repay interest on a student loan in a taxable year. This is an above-the-line deduction, meaning it can be taken even if the taxpayer takes the standard deduction. Parents who take out Parent PLUS loans are also eligible to take this deduction.
  • Military and/or National Service Benefits: For information please visit: https://studentaid.gov/understandaid/types/military.
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