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Grants

The College of William & Mary administers many forms of financial aid, including Federal and State Grants, Federal Work-Study (FWS), and loans from the Direct Loan Program (DL). Upon receipt of your Free Application for Federal Student Aid (FAFSA), we will put together a personal aid package based on your eligibility.  Additional documents may be required.  Adherance to deadlines will guarantee that you receive full consideration for grant aid; if you miss a deadline, you will likely not be awarded full grant aid.

Federal Grants

Pell Grant - Entitlements provided directly by the federal government. They are awarded only to undergraduate students who have not earned a first bachelor’s degree. The Pell Grant is need-based and is awarded using the family’s Expected Family Contribution (EFC) as determined by the FAFSA. The amount awarded is also based on the number of credits the student is taking (full-time vs. part-time).  The maximum Pell-eligible EFC for 2012-13 is $4995.  Pell is generally only available for the regular academic year (Fall and Spring semesters).  Summer Pell awards are only available to students in the event that they have not used their full academic year eligibility during the Fall and Spring.

Supplemental Educational Opportunity Grant (SEOG) - Federal funds provided by the school to students with exceptional need. First consideration is to students who are eligible for a Pell Grant.

State Grants

Virginia Guaranteed Assistance Program (VGAP) - VGAP is a state-funded grant that provides assistance to undergraduate Virginia residents.

VGAP Requirements:

  • Full-time enrollment
  • Meets our FAFSA prority filing deadline
  • In-state resident
  • Dependent student
  • Graduated from a Virginia high school with a high school GPA of 2.5
  • Has need
  • Amount is determined each year based on fund availability
  • May be renewed up to three additional years by meeting the following criteria:
    •  In-state residency
    • 2.0 minimum GPA
    • Financial need
    • Full time continuous enrollment (excluding summer terms)
    • Dependent student
    • Must maintain satisfactory academic progress
    • Student must be enrolled full time

Virginia Commonwealth Grant - The Commonwealth Grant is a state-funded grant that provides assistance to undergraduate Virginia residents. Recipients must enroll for a minimum of 6 credit hours per semester and meet our FAFSA prority filing deadline. Students who have received a first bachelor's degree are NOT eligible to receive a Commonwealth grant. Students must maintain satisfactory academic progress.  Students must have financial need.

Virginia College Scholarship Assistance Program (CSAP) - CSAP is awarded to Virginia residents who have exceptional financial need. Recipients must enroll for a minimum of 6 credit hours per semester and meet our FAFSA prority filing deadline. Students who have received a first bachelor's degree are NOT eligible to receive a Commonwealth grant. Students must maintain satisfactory academic progress.

Institutional Grants

W&M offers grant assistance from approximately 300 different funds that are part of the institution's endowment, unrestricted fund, and gift accounts. Because there are so many different funds, there is frequently a change from your initial award letter. Your total amount of grant award will remain the same.  Students must have financial need to be eligible for these funds.

Gateway William and Mary

Please note that Gateway now applies only to upperclassmen.  Freshmen, new transfer students, and prospective students should all refer to the William & Mary Promise site.

Designed for women and men whose academic promise exceeds their economic means, the program provides a combination of institutional, state, and federal grants for low- and middle-income students who have the desire to attend a world-class university without incurring debt.

Gateway starts where ordinary financial aid programs end. Participants will not have to take out need-based student loans. Instead they can graduate debt-free to move on immediately to graduate school, professional education, or a fulfilling career. Gateway recipients may be given the option to take out Unsubsidized Stafford Loans to help defray the Estimated Family Contribution (EFC), which cannot be covered by grant or other need-based funds.

Most of your questions about Gateway funding can be answered by reading our FAQ.