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Affording Opportunity

Costs, Aid & Scholarships

W&M is committed to affording exceptional students the opportunity to attend William & Mary.

An education here provides life-changing experiences and the highest quality teaching, learning and research opportunities for all students, regardless of their financial circumstances.

costs Financial aid Scholar awards Apply Now

What does that mean for you?

  • Value

    W&M is ranked the #13 best value public college in the nation by Princeton Review.

  • Support

    The university’s investment in scholarship support grows every year, and the amount of need-based financial aid offered has doubled over the past decade.

  • Return

    93% of W&M graduates are employed or attending graduate/professional school within six months of graduation (as reported by the Class of 2021).

$50 million in grants and scholarships is distributed annually

To be considered for need-based financial aid, you must complete the Free Application for Federal Student Aid (FAFSA) to receive federal aid and the CSS Profile to receive any additional financial aid.

The Financial Aid Office provides detailed instructions on this application process. All available aid resources (grants, loans and federal work-study) are considered to meet as much student need as possible and to reduce student debt.

William & Mary has a long-standing commitment to meet 100% of the demonstrated financial need of in‑state Virginia residents.

W&M also offers a great value for out-of-state students. Other scholarships are also available.


Merit-based awards considered for all first-year applicants

W&M offers three merit-based awards:

Additional scholarships offered include:

FAFSA or CSS Profile are not required for merit scholarship consideration.

What does it really cost?

Possibly much less than you think. Our financial aid packages are made up of grants, scholarships, work study jobs and need-based loans. The full Cost of Attendance (CoA) includes tuition, fees, housing, food, books, personal expenses and travel. It is a piece of the federal formula we use to calculate your need to process your award:

CoA – EFC (Expected Family Contribution) = Financial Aid Offer

Outstanding return on your investment

Earning a W&M degree can lead to a lifetime of valuable returns. Top employers around
the globe hire our graduates because of the high caliber of a W&M education.

  • 97 %
    Work in jobs that align well with career interests

    as reported by the Class of 2021

  • # 18
    Best Career Services
    Princeton Review
  • # 1
    Bachelors to earn a Ph.D. for a public university
    Washington Monthly

Top 20 Public School for Alumni Networks

Our graduates include former U.S. presidents, executives and innovators at Hulu, Netflix and Apple, Super Bowl and World Cup-winning head coaches, Emmy award-winning actors, leaders of the FBI and CIA, NASA’s chief scientist and groundbreaking producers in gaming.

Sage Stannish

Coming to W&M from Seldovia, Alaska, was no easy feat for Sage Stannish ’22. Learn more about Sage’s 4,500 miles journey and the scholarships that are making it possible for him to pursue his dreams.