Why Undertanding Financial Aid is Important
The amount of financial assistance and scholarships or grants you can get can vary based on your needs. Keep reading to find information to help you to understand the amount of aid and scholarships to expect from College of William and Mary.
Common William & Mary FinAid Offer
$25,313 is the normal College of William and Mary's freshman financial aid plan. Around 36.0% of incoming students obtain financial aid, most of which is scholarships and grants.
Loans are a part of financial aid offers, but the only true discount off of the cost of college is a scholarship or grant that you do not have to pay back.
A student loan isn't a true college price reduction, but rather an outcome to consider. Find out how much student loan debt from William & Mary you could end up dealing with.
How Much is Available in Grants & Scholarships?
The stats below refer to aid which is provided by College of William and Mary.
28.0% of new students (422 total) were awarded scholarships at College of William and Mary, averaging $15,854 per student. This puts it in the top 40th percentile of all colleges in the country.147 freshman students were awarded a grant. About 10.0% William & Mary freshmen got grants with an average of $4,235 each recipient.
See the usual volume of scholarships and grants freshmen receive by checking out the chart below.
Scholarships are awarded due to special ability or merit, while grants are given due to financial need.
Financial Aid by Income Level
Determine how much grand and scholarship assistance you may plan to receive according to your earnings. The table below displays freshmen getting federal Title IV aid including PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||9.4%||$3,229|
Financial aid from the government by means of grants, loans, or work study is known as Title IV aid. Get more info on Title IV here..
The Average Undergraduate Receiving a Grant or Scholarship Obtains $15,596
44.0% of the 6,299 undergrads at College of William and Mary qualify for some type of grant aid. A total of approximately 2,769 students receiving an average of $15,596 each.
College of William and Mary Financial Aid Information
|Financial Aid Department Website||www.wm.edu/financialaid/|
|Net Price Calculator||www.wm.edu/financialaid/|