For the academic year 2022-2023, total 1,332 full-time, first-time students (79% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 3,804 students (58% of all students) received grants or scholarships and the average grant amount is $18,578. In addition, 1,522 students received student loans and the average loan amount is $6,070.
Below tables show the number and amount by source of financial aid at William & Mary.
For all undergraduate students, total 3,804 students (58% of all students) received grants or scholarships and the average grant amount is $18,578. In addition, 1,522 students received student loans and the average loan amount is $6,070.
Below tables show the number and amount by source of financial aid at William & Mary.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 3,804 | 58% | $18,578 |
| Pell Grants | 834 | 13% | $5,163 |
| Federal Student Loans | 1,522 | 23% | $6,070 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 1,332 | 79% | - |
| Grants or Scholarship from All Sources | 1,105 | 66% | $15,134 |
| Federal Grants | 593 | 35% | $2,346 |
| Pell Grants | 199 | 12% | $5,152 |
| Other Federal Grants | 432 | 26% | $848 |
| State/Local Grants | 137 | 8% | $12,866 |
| Institutional Grants | 700 | 42% | $19,385 |
| Student Loans | 445 | 26% | $8,882 |
| Federal Student Loans | 427 | 25% | $5,111 |
| Other Student Loans | 78 | 5% | $22,690 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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