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Facts at a Glance


We offer a comprehensive financial aid program to help students fund their William & Mary education. Approximately 41% of freshmen entering in 2021-22 received need-based grants as part of their financial aid offer. Financial aid offers can consist of grants (W&M, State and Federal), Federal Work-Study, Federal Student Loans and scholarships. 

Financial Aid, 2021-22
In-State     
Out-of-State
Entering freshmen receiving any type of aid 65% 46%
Entering freshmen receiving need-based aid 51% 31%
Percentage of entering students receiving loans (excludes parent and private loans) 32% 28%
Average aid offer of freshman receiving need-based aid $27,426 $25,812
Average need-based grant of freshman receiving need-based aid $22,087 $18,572
Average indebtedness of 2019-20 graduates (excludes parent and private loans) $18,502 $18,572