MyinTuition is working to lift the veil of uncertainty regarding college costs and, for qualified students, dispel the notion that college will cost them an exorbitant amount of money.
In 2007, Wellesley College President H. Kim Bottomly and Phillip Levine, a leading economics professor at Wellesley, discussed the complexity of the financial aid system, and how discouraging the process could be for prospective students and their families. To help alleviate this frustration, President Bottomly commissioned Professor Levine to examine options to simplify the process utilizing the College’s admission data. That investigation led— five years later—to the creation of MyinTuition, the Quick College Cost Estimator, an easy-to-use tool designed to help students and their families understand how much a college education might cost.
Led by Professor Levine and supported by Jennifer Desjarlais, former dean of admission and financial aid, Joy St. John, current dean of admission and financial aid, and Scott Wallace-Juedes, director of student financial services, Wellesley launched MyinTuition in 2013. MyinTuition has garnered praise from prospective students and their families as well as the media.
To expand the impact of the tool, MyinTuition was adapted for use at Williams College and the University of Virginia in 2015. In 2016, MyinTuition received funding from Wellesley College to develop the calculator as a web-based service that could be used by many different schools and organizations throughout the country. In July of 2017, MyinTuition formally separated with Wellesley College and now operates independently as a non-profit corporation. Dozens of schools now use MyinTuition and growth continues.