Financial Aid at W & M
Financial Aid Amount Received
$21,498 (43.51% of tuition)
Percent of Financial Aid Received
50% of 6,797 students
3,379 undergraduate students (50% of all students) have received grants, scholarships, and/or federal student loans at William & Mary. The percentage of students who received financial aid higher compared to Public, 4-Years Colleges in Virginia.
Compared to similar schools in rankings such as The University of Texas at Austin and University of Virginia-Main Campus, the percentage of students who received financial aid is higher (the average of the schools is 56.80%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $21,498 and the average loan amount is $6,125. The average financial aid amount is 43.51% of tuition & fees based on out-of-state rate (tuition & fees: $49,412).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 3,379 | 50% | $72,641,685 | $21,498 |
| Pell Grants | 821 | 12% | $4,483,768 | $5,461 |
| Federal Students Loans | 1,587 | 23% | $9,720,986 | $6,125 |
Undergraduate Student Financial Aid Comparison Chart
First-time (full-time) Undergraduate Students Financial Aid
For the full-time, first-time undergraduate students (freshmen, in most cases), 665 students have received one or more types of financial aid at William & Mary.
The average amount of federal, state, local or institutional grant aid is $20,908 and the average amount of student loans awarded to full-time first-time undergraduate students is $9,746.
The following table shows the financial data by type of aid at William & Mary.
First-time Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 782 | 48% | - | - |
| Grant or scholarship aid | 665 | 40% | $13,904,016 | $20,908 |
| Federal Grants | 149 | 9% | $917,869 | $6,160 |
| Pell Grants | 149 | 9% | $803,869 | $5,395 |
| Other Federal Grants | 29 | 2% | $114,000 | $3,931 |
| State/Local Grants | 177 | 11% | $1,852,697 | $10,467 |
| Institutional Grants | 623 | 38% | $11,133,450 | $17,871 |
| Student Loans | 405 | 25% | $3,946,994 | $9,746 |
| Federal Student Loans | 338 | 21% | $2,004,477 | $5,930 |
| Other Student Loans | 73 | 4% | $1,942,517 | $26,610 |
Financial Aid by Income Level
The following table summarizes the number of schools receiving financial aid and its average amount by income levels at William & Mary.
| Income Level | # of Students | # of Students Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| All Income Level | - | - | $6,245,925 | $18,589 |
| 0 - $30,000 | 47 | 47 | $1,621,610 | $34,502 |
| $30,001 - $48,000 | 37 | 37 | $1,284,294 | $34,711 |
| $48,001 - $75,000 | 45 | 45 | $1,283,174 | $28,515 |
| $75,001 - $110,000 | 57 | 57 | $1,178,728 | $20,679 |
| $110,001 - more | 150 | 75 | $878,119 | $5,854 |
Paid Tuition Rates by Residency
At William & Mary, for the first-time/full-time students, 975 students have paid in-state rate of tuition and 667 students have paid out-of-state tuition rate.
| # of Students | |
|---|---|
| In-District Rate | 0 |
| In-State Rate | 975 |
| Out-of-State Rate | 667 |
| Un-known | 0 |
Number of Students by Living Arrangement (Freshmen)
At William & Mary, 419 full-time/first-time students live on-campus such as dormitory and campus-owned apartments, and 0 students live off-campus.
| # of Students | |
|---|---|
| Living On-Campus | 419 |
| Living Off-Campus | 0 |
| Living with Family | 0 |
| Un-known | 0 |