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What is the average loan amount at William & Mary?

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For the academic year 2022-2023, total 445 full-time, first-time students (26% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 1,522 students (23% of all students) have received federal student loans and the average loan amount is $6,070 at William & Mary.

Below tables show the number and amount by source of financial aid at William & Mary.
All 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 (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
see more grants, scholarship, student loans, and other financial aid stats

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