univstats

W & M Financial Aid

Number Received Financial Aid (All Undergraduate) 3,804
Percent Received Financial Aid(All Undergraduate) 58%
Average Aid Amount $18,578
Number Received Financial Aid (Freshmen) 1,332
Percent Received Financial Aid (Freshmen) 79%

Financial Aid Information at W & M

For the academic year 2021-2022, a total of 3,804 students (58% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $18,578. For freshmen (Full-time, first-time degree-seeking undergraduate students), 1,332 students (79% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at William & Mary is $25,040 for Virginia residents and $49,412 for out-of-state students, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 3,804 students (58% of all students) have received grants or scholarships and the average received aid amount is $18,578. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at William & Mary for all undergraduate students.
Undergraduate Student Financial Aid at William & Mary
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid3,80458%$18,578
Pell Grants83413%$5,163
Federal Student Loans1,52223%$6,070

Beginning Students Financial Aid

a total of 1,332 beginning students (79% of all freshmen) have received any financial aid and 1,246 students (74% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at William & Mary.
Beginning Students (Freshmen) Financial Aid at William & Mary
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid1,33279%-
Grants or Scholarship from All Sources1,10566%$15,134
Federal Grants59335%$2,346
Pell Grants19912%$5,152
Other Federal Grants43226%$848
State/Local Grants1378%$12,866
Institutional Grants70042%$19,385
Student Loans44526%$8,882
Federal Student Loans42725%$5,111
Other Student Loans785%$22,690

Students Headcount by Living Status

For academic year 2021-2022, total 753 full-time beginning students have enrolled and attended William & Mary. Among them, 753 students have lived on campus and 0 students lived off campus (without family). The following table shows the students count by living status and years.
Student Headcount by Living Location/Setting at William & Mary
Living Status201920202021
Living On-Campus430468753
Living Off-Campus with Family000
Living Off-Campus without Family000

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows number of students who paid the in-state or in-district tuition rate and were awarded any grant/scholarship by income level for academic year 2021-2022 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
Grants of Scholarship Aid Statistics By Income Level at William & Mary
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level419334$8,875,067$21,182
$0 - $30,0006767$2,548,965$38,044
$30,001 - $48,0005454$1,946,539$36,047
$48,001 - $75,0006868$2,190,860$32,219
$75,001 - $110,0006160$1,283,442$21,040
$110,001 or more16985$905,261$5,357