<p>I know that Wellesley meets 100% of a student’s demonstrated financial need. According to the college, the largest portion of financial aid awards are in scholarships (grants) from the college. You do not pay back grants, as you might know. </p>
<p>Loans are eliminated for a student from family with a calculated income below $60,000.</p>
<p>If you are from a family with a calculated income between $60,000 and $100,000 , your
maximum debt will be $8,600 for a total of 4 years, NOT $8,600/year. </p>
<p>For students from families with a higher income, the maximum loan debt for four
years is $12,825.</p>
<p>Check out [Investing</a> in your Education](<a href=“http://www.wellesley.edu/admission/admission/finaidpolicyFAQ.html]Investing”>http://www.wellesley.edu/admission/admission/finaidpolicyFAQ.html) for a glimpse of financial aid stats
and [Wellesley’s</a> Unwavering Commitment to Financial Aid](<a href=“http://www.wellesley.edu/Admission/financialaid/]Wellesley’s”>http://www.wellesley.edu/Admission/financialaid/) for more in depth
financial aid information.</p>
<p>With respect to your “chance me” question, it would help to know your
SAT IIs and the caliber of your courseload. Your SAT I score is good
although it would help to know the breakdown. Were your math and reading
scores close to each other, or was there a big gap? Having both scores
above 700 is what you want. Your ECs show leadership and commitment,
particularly to drama and the Youth in Government chapter. All in all, if your
SAT IIs are in the 700 range and you have taken a challenging courseload
on top of your ECs listed, then you are in a good position. I hope this information
is helpful. Feel free to post more questions (-:</p>