Financial Aid at W & M
Financial Aid Amount Received
$18,578 (37.60% of tuition)
Percent of Financial Aid Received
58% of 6,797 students
3,804 undergraduate students (58% of all students) have received grants, scholarships, and/or federal student loans at William & Mary. The percentage of students who received financial aid average 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 average (the average of the schools is 64.40%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $18,578 and the average loan amount is $6,070. The average financial aid amount is 37.60% 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 | 3,804 | 58% | $70,669,466 | $18,578 |
| Pell Grants | 834 | 13% | $4,305,598 | $5,163 |
| Federal Students Loans | 1,522 | 23% | $9,238,752 | $6,070 |
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), 1,105 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 $15,134 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,882.
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 | 1,246 | 74% | - | - |
| Grant or scholarship aid | 1,105 | 66% | $16,723,529 | $15,134 |
| Federal Grants | 593 | 35% | $1,391,337 | $2,346 |
| Pell Grants | 199 | 12% | $1,025,190 | $5,152 |
| Other Federal Grants | 432 | 26% | $366,147 | $848 |
| State/Local Grants | 137 | 8% | $1,762,654 | $12,866 |
| Institutional Grants | 700 | 42% | $13,569,538 | $19,385 |
| Student Loans | 445 | 26% | $3,952,441 | $8,882 |
| Federal Student Loans | 427 | 25% | $2,182,599 | $5,111 |
| Other Student Loans | 78 | 5% | $1,769,842 | $22,690 |
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 | - | - | $8,875,067 | $21,182 |
| 0 - $30,000 | 67 | 67 | $2,548,965 | $38,044 |
| $30,001 - $48,000 | 54 | 54 | $1,946,539 | $36,047 |
| $48,001 - $75,000 | 68 | 68 | $2,190,860 | $32,219 |
| $75,001 - $110,000 | 61 | 60 | $1,283,442 | $21,040 |
| $110,001 - more | 169 | 85 | $905,261 | $5,357 |
Paid Tuition Rates by Residency
At William & Mary, for the first-time/full-time students, 1,071 students have paid in-state rate of tuition and 611 students have paid out-of-state tuition rate.
| # of Students | |
|---|---|
| In-District Rate | 0 |
| In-State Rate | 1,071 |
| Out-of-State Rate | 611 |
| Un-known | 0 |
Number of Students by Living Arrangement (Freshmen)
At William & Mary, 753 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 | 753 |
| Living Off-Campus | 0 |
| Living with Family | 0 |
| Un-known | 0 |