Is it true that Wellesley only offers need-based aid, no merit aid?

My daughter is a first year at Wellesley and is loving it! Our FAFSA form said we should be able to pay $64K a year. Wellesley and most of the women’s and Ivy League colleges ask supplemental questions in addition to the FAFSA. As I recall some where about owning second homes and if we were paying tuition for other non college students. Fortunately or unfortunately, I don’t have a beach house and pay private school tuition & high medical expenses for a younger sibling w autism. After we provided the additional information, we were very pleased with the financial aid offer. Wellesley ended up costing us less than our in-state universities. The included a small loan for our student, $2000 a year, and work study, but the grants were over $50k a year. I expect to get the same this year. We panicked after FAFSA and she applied to Agnes Scott & Hollings for the merit aid, but was able to attend Wellesley. She has been working 8-12 hours a week at an on campus job and is really happy to be at Wellesley. She did apply early decision amd is an under-represented minority - native Pacific Islander, so that might have contributed. She is not an athlete if 1st gen student. We don’t know what she would have gotten from others as she withdrew because of early decision. Good luck, Bruce!!

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