Providing the predictability you need to plan your financial future
An important part of the new operating model is predictability for Virginia families when it comes to planning for the cost of tuition.
The plan gives all incoming Virginia undergraduates and their families a four-year promise that tuition won't rise. Once in-state tuition is set for an incoming class, that number will not change for the next four years. There will be some increases in fees and other costs, but tuition, which has historically been the most volatile part of total cost, will be frozen.
The plan guarantees that in-state students enrolled before fall of 2013 will not see their tuition increase by more than the rate of inflation through their graduation year. For academic year 2013-14 that increase was just 1.8%, the lowest in more than a decade. For in-state students who entered William & Mary in fall 2013 or later, their tuition rate is guaranteed for all four years as part of the W&M Promise. Learn more about how the new plan affects current students.
Freshmen and transfer students entering fall 2013
Your tuition was set at $10,428 for each of your 4 years at W&M. The total cost to attend W&M in fall 2013 – tuition, room, board and mandatory fees – is $25,279. This includes $10,428 for tuition, $4,984 for fees and $9816 for room and board.
Freshmen and transfer students entering fall 2014
Your tuition will be set at $12,428 for each of your 4 years at W&M. Other costs, such as mandatory fees and room and board will be established for all students in spring 2014.
Freshmen and transfer students entering fall 2015
Your tuition will be set at $13,978 for each of your 4 years at W&M. Other costs, such as mandatory fees and room and board will be established for all students in spring 2015.
The Board of Visitors approved the guaranteed tuition rates for each class of incoming in-state freshman for fall 2014, 2015 and 2016. While the Board approved three years of guaranteed rates, the plan is for this new operating model to be an ongoing program beyond 2016 with fixed in-state undergraduate tuition rates being built into W&M’s biennial budgeting process.
Out-of-state students saw a 3% tuition increase for fall 2013, the lowest increase in 11 years. W&M will continue to evaluate out-of-state tuition on an annual basis to ensure it is comparable to or less than the tuition charged by the peer universities with which we compete for students. Learn more about how the W&M Promise affects you.