Number Received Financial Aid (All Undergraduate)
3,379
Percent Received Financial Aid(All Undergraduate)
50%
Average Aid Amount
$21,498
Number Received Financial Aid (Freshmen)
888
Percent Received Financial Aid (Freshmen)
54%
Financial Aid Information at W & M
For the academic year 2023-2024, a total of 3,379 students (50% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $21,498. For freshmen (Full-time, first-time degree-seeking undergraduate students), 888 students (54% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at William & Mary is $25,734 for Virginia residents and $51,038 for out-of-state students, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 3,379 students (50% of all students) have received grants or scholarships and the average received aid amount is $21,498. 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.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 3,379 | 50% | $21,498 |
| Pell Grants | 821 | 12% | $5,461 |
| Federal Student Loans | 1,587 | 23% | $6,125 |
Beginning Students Financial Aid
a total of 888 beginning students (54% of all freshmen) have received any financial aid and 782 students (48% 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.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 888 | 54% | - |
| Grants or Scholarship from All Sources | 665 | 40% | $20,908 |
| Federal Grants | 149 | 9% | $6,160 |
| Pell Grants | 149 | 9% | $5,395 |
| Other Federal Grants | 29 | 2% | $3,931 |
| State/Local Grants | 177 | 11% | $10,467 |
| Institutional Grants | 623 | 38% | $17,871 |
| Student Loans | 405 | 25% | $9,746 |
| Federal Student Loans | 338 | 21% | $5,930 |
| Other Student Loans | 73 | 4% | $26,610 |
Student Headcounts by Tuition Rates
For academic year 2023-2024, total 975 have paid in-state tuition rates (59% of undergraduate students) and 667 students (41%) have paid the tuition & fee based on out-of-state rates at William & Mary.
| Type of Tuition Rate | Number of Students | Percent | Tuition & Fees |
|---|---|---|---|
| In-State Rate | 975 | 59% | $25,734 |
| Out-of-State Rate | 667 | 41% | $51,038 |
Students Headcount by Living Status
For academic year 2023-2024, total 419 full-time beginning students have enrolled and attended William & Mary. Among them, 419 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.
| Living Status | 2021 | 2022 | 2023 |
|---|---|---|---|
| Living On-Campus | 468 | 753 | 419 |
| Living Off-Campus with Family | 0 | 0 | 0 |
| Living Off-Campus without Family | 0 | 0 | 0 |
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 2023-2024 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 336 | 261 | $6,245,925 | $18,589 |
| $0 - $30,000 | 47 | 47 | $1,621,610 | $34,502 |
| $30,001 - $48,000 | 37 | 37 | $1,284,294 | $34,711 |
| $48,001 - $75,000 | 45 | 45 | $1,283,174 | $28,515 |
| $75,001 - $110,000 | 57 | 57 | $1,178,728 | $20,679 |
| $110,001 or more | 150 | 75 | $878,119 | $5,854 |
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