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

I have to say, at Wellesley it does seem like most students are posited on either extreme of the financial spectrum. I’m not sure what exactly the numbers are, but certainly the most vocal group on campus in talks about finaid (and a large population at that) are those on full or almost full aid. Those that are most quiet tend to be paying full-tuition (although it’s easy to tell them from others by their attire, upbringing, etc.). And those that are on partial aid generally don’t talk about their financial situations.