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Financial Estimates

All international students in F-1 or J-1 visa status must show adequate funding for their program at William & Mary or VIMS. This is a US government requirement.

These financial estimates do not guarantee actual costs and are only used for issuing the I-20 and DS-2019 immigration documents. Do not rely on these figures for your own planning. 

  • Please check the tuition and fees website for the most accurate information; graduate students should also check with their program.
  • F-1 and J-1 international students will be charged a one-time New International Student Fee of $165 at the beginning of the student's program. They will also incur a $85 Service Fee for each enrolled semester with the exception of summer sessions. For more information on these fees, please view the International Student Fees website.

You must provide copies of financial documents that show that you have adequate funds to study for the upcoming year, using the table below. Your funding is expected to be available during your studies.

You will upload your financial documents through iStart, and we will use that information to issue your I-20 or DS-2019.

Funding Requirements for issuing the I-20 or DS-2019
  • Academic Year 2022-2023: Students who will begin studies during Summer 2022, Fall semester 2022, or Spring semester 2023.
  • Academic Year 2021-2022: Students who will begin studies during Summer 2021, Fall semester 2021, or Spring semester 2022.
Financial Estimates

Academic Year 2022-2023:  International Student Financial Estimates for issuing I-20/DS-2019 Document

These financial estimates do not guarantee actual costs and are only used for issuing the I-20 and DS-2019 immigration documents. Do not rely on these figures for your own planning.

Please check the tuition and fees website for the most accurate information; graduate students should also check with their program.
Program Tuition & Fees Estimates
Living Expenses Estimates
TOTAL
Undergraduate
(Degree Seeking)
48,944 20,245 $69,189
St Andrews-W&M Joint Degree* 43,958 20,245 $64,202
Graduate Arts & Sciences, Education and Marine Science 36,462 22,278 $58,740
Law (LLM, JD) 53,687 22,278 $75,965
Master of Accounting (MAcc) 47,866 22,533 $70,399
MBA 47,783 22,533 $70,316
MS Business Analytics (MSBA) 52,109 22,533 $74,642

Exchange student, 
Non-Degree

(Undergraduate & Law)

10,122/semester

$10,122/semester

Dependents (spouse/child) in F-2 or

J-2 status

6,500/person

6,500/person

 
Financial Estimates

Academic Year 2021-2022:  International Student Financial Estimates for issuing I-20/DS-2019 Document

These financial estimates do not guarantee actual costs and are only used for issuing the I-20 and DS-2019 immigration documents. Do not rely on these figures for your own planning.

Please check the tuition and fees website for the most accurate information; graduate students should also check with their program.
Program Tuition & Fees Estimates
Living Expenses Estimates TOTAL
Undergraduate
(Degree Seeking)
48,784 19,940 $68,724
Graduate Arts & Sciences, Education 36,308 18,482 $54,790
Graduate Public Policy (M.P.P) 40,132 18,482 $58,614
Law (LLM, JD) 45,830 18,482 $64,312
MBA 47,629 20,027 $67,656
Master of Accounting 47,712 18,482 $66,194
MS Business Analytics 51,955 18,482 $70,437
Marine Science (VIMS) 36,308 17,250 $53,558
St Andrews-W&M Joint Degree* 42,715* 19,940 $62,655

Exchange student, 
Non-Degree

(Undergraduate & Law)

9,970/semester

$9,970/semester

Dependents (spouse/child) in F-2 or

J-2 status

6,450/person

6,450/person


Joint Degree

*Students beginning the joint degree program at St Andrews University will pay tuition to St Andrews directly and must only show funds for living expenses. Students beginning the program at W&M must show both tuition and living expenses.

Tuition & Fees

These tuition and fees figures are estimates based on a 3.5% increase of the tuition and fees rates for each academic year. They do not guarantee actual costs and are only used for issuing your I-20 or DS-2019. Please check the tuition and fees website for the most accurate information; graduate students should also check with their program.

Financial estimates for issuing the I-20 or DS-2019 immigration document is usually updated in January for ISSP begins issuing documents for new international students in mid-February. The W&M Board of Visitors Executive Committee usually approves the upcoming academic year's tuition and fees in May. However, we do not update the financial estimates after the BOV approval so that the funding requirements are consistent for all new international students for the purpose of issuing the I-20 or DS-2019 document.

Living Expenses

Living expenses include estimated costs for housing, food, health insurance, and personal expenses (e.g., cell phone, transportation, travel, books, clothes, etc.).

Funding Documents

You will submit all documents through iStart. Your documents must be legible and not more than 6 months old at the time of admission and must be in English. Scanned copies are acceptable, but you must bring the original documents when applying for your visa, and may need them when entering the US.

Acceptable Documents
Acceptable Not Acceptable
  • Bank statements
  • Scholarship/funding letters
  • Graduate/teaching assistantship letter
  • Certificate of deposits
  • Liquid investment accounts
  • Loan confirmation letters
  • Pay stubs
  • Property deeds/titles
  • Salary confirmations