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National Application Center :: campus tours :: William & Mary costs & financial aid

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William & Mary

William & Mary
P.O. Box 8795
Williamsburg, VA 23187-8795

Official telephone: (757) 221-4000
Website: www.wm.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2014 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Edward P. Irish,
Director of Financial Aid
Contacting the office: 757 221-2420
757 221-2515 (fax)
aid@wm.edu
FAFSA number: 003705
CSS/PROFILE number: 5115

EXPENSES
Undergraduate tuition: $15,674; $36,158 out-of-state
Additional required fees: $5,560
Book fees: $1,350
Miscellaneous expenses: $1,500
Other expenses: Personal and miscellaneous expenses.
Combined room and board expenses: $11,382

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAMarch 1noN/A
CSS/Financial Aid PROFILEMarch 1noN/A

Date award notification begins: March 15
Applied for financial aid:
64% of first-year students
49% of full-time undergraduates
58% of part-time undergraduates
Determined to have financial need:
53% of first-year students
69% of full-time undergraduates
92% of part-time undergraduates
Students determined to have financial need who received any financial aid:
96% of first-year students
97% of full-time undergraduates
96% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
86% of first-year students
85% of full-time undergraduates
83% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
61% of first-year students
65% of full-time undergraduates
61% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
48% of first-year students
36% of full-time undergraduates
17% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
22% of first-year students
22% of full-time undergraduates
13% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
79% for first-year students
81% for full-time undergraduates
57% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$19,128 for first-year students
$19,336 for full-time undergraduates
$10,318 for part-time undergraduates
Average need-based gift award:
$14,761 for first-year students
$15,073 for full-time undergraduates
$8,511 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$3,532 for first-year students
$4,232 for full-time undergraduates
$3,378 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,385 for first-year students
$4,124 for full-time undergraduates
$3,378 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
2% of first-year students
6% of full-time undergraduates
2% of part-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$12,972 for first-year students
$6,425 for full-time undergraduates
$650 for part-time undergraduates
Students who received a non-need-based athletic award:
5% of first-year students
5% of full-time undergraduates
13% of part-time undergraduates
Average non-need-based athletic award:
$23,476 for first-year students
$24,302 for full-time undergraduates
$24,308 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 2%

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
Parent loans packaged to meet need: no
Percent of undergraduates who have borrowed through all loan programs: 37%
Average student debt upon graduation: $26,017
Types of payment plans:
  • school's own payment plan(s)
  • Virginia Prepaid Education Program.
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • academic merit scholarships/grants
  • creative arts/performance
  • special achievements/activities
  • athletic scholarships
  • ROTC scholarships
First-year scholarship/grant award range: $25 - $58,184
Undergraduate scholarship/grant award range: $25 - $58,184
Percent of scholarship aid awarded to out-of-state students: 35%

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