Policy on Outside Funding/Scholarships
Outside funding/scholarships reduce/replace the work-study portion of the financial aid award. Outside funding/scholarships in excess of the work-study award reduce/replace the student summer work contribution.* Any funds in excess of replacing work-study and the summer work contribution can help subsidize the University health insurance (if the student does not qualify for institutional grant for this expense) and/or one-time purchase of a personal computer.
Policy on Health Insurance
If students are not covered by a parental insurance plan, then they are required to participate in the University's health insurance plan. Health insurance can be purchased by the student. Students with a total family income of less than $75,000 and typical assets, who do not have comparable health insurance are eligible for grant support to cover this expense. Alternatively, the cost can be met by the student requesting a need-based student loan or by using outside scholarship funds that remain after replacing work-study. 2024-2025 cost: $2,831, not included in Cost of Attendance above.
Policy on Travel Allowance
For students living in the United States, Wesleyan adds a travel allowance to the estimate of the total cost of attendance, and in turn increases the amount of Wesleyan grant offered. The travel allowance amount will vary depending upon the distance between home and Wesleyan. It is expected that this expense will be paid for from the student contribution and/or work-study.
Laptop and Transitional Grant
Students with a parental contribution of less than $7,000 may be eligible for a laptop and additional grant support to assist with the one-time costs related to starting their first semester at Wesleyan. Transitional costs include items such as bedding & sheets and other costs associated with setting up a dorm room, and/or may be applied toward winter clothing purchases for students arriving from warmer climates.
Policy on Student Contribution
Student savings are calculated at a rate of 25% of total student assets. For example, $2,000 in student assets equals a $500 student asset contribution each year. The Wesleyan Grant will be reduced by the amount of the Student Asset Contribution. *Students with a parent contribution of less than $7,000 and typical student assets do not have a summer work contribution or a student asset contribution for the first year.
Requirements Associated with Maintaining this Award
Satisfactory academic progress in accordance with federal and institutional policies.
Policy Regarding Undocumented Students
Wesleyan meets 100% of the demonstrated need of all admitted students. Undocumented students are considered for need-based financial aid like any U.S. citizen or permanent resident. Because federal financial aid is not available for undocumented students, institutional funding is used in its place.
