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Affording Opportunity

Scholarships and applied learning opportunities are among W&M’s top fundraising priorities

William & Mary is committed to increasing access and affordability for its exceptional students, and to ensuring that each undergraduate has the opportunity for a funded internship or other applied learning experience. Since 2011, the university has raised more than $350 million for scholarships, and 35% of undergraduates now receive need-based aid. This support has not gone unnoticed: The Princeton Review has ranked W&M 13th among the best value public colleges.

As part of the university’s commitment to affording opportunity, William & Mary has successfully increased the enrollment of Pell Grant recipients from Virginia. In the 2023-24 academic year, W&M began ensuring scholarship aid to cover at least tuition and fees for all in-state undergraduate Pell Grant-eligible students. According to U.S. Department of Education data, more than 93% of Pell Grant recipients come from families earning less than $60,000 per year, and nearly half of all first-generation college students receive Pell Grants.

Currently, about 18% of in-state students are Pell Grant recipients, a number that has increased 30% over the past decade. Because of the difference in tuition for out-of-state students, scholarships for out-of-state students are also essential to help raise the percentage of undergraduate Pell Grant recipients from outside Virginia, now just over 4%.