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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.

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What does that mean for you?

  • Value

    W&M is ranked the #10 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

    W&M is ranked #7 for public colleges with the highest 40-year ROIs for low-income students with a $1.7-million return on investment by the Center on Education and the Workforce.

$50 million in grants and scholarships are awarded 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.

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


Merit-based awards considered for all 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, room & board, 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

  • # 16

    Top public school for alumni networks

  • # 18

    Best Career Services

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.