All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at William & Mary since 2011.
For that period, the average number of students who received grants aid/scholarships is 2,999, which is 47.73 % of all undergraduate students. 1,654 students which is 26.45% of undergraduate students received federal student loans and the average loan amount is $6,278.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-122,600 (43%)$12,612713 (12%)$3,9821,877 (31%)$6,428
2012-132,741 (44%)$13,615725 (12%)$4,0111,817 (29%)$6,457
2013-142,721 (44%)$14,779719 (12%)$4,1761,787 (29%)$6,440
2014-152,769 (44%)$15,596696 (11%)$4,3261,734 (28%)$6,364
2015-162,921 (47%)$16,273711 (11%)$4,2731,672 (27%)$6,270
2016-172,915 (46%)$17,140698 (11%)$4,3241,689 (27%)$6,370
2017-183,051 (49%)$19,009759 (12%)$4,6901,606 (26%)$6,259
2018-193,131 (49%)$19,449750 (12%)$4,7181,602 (25%)$6,114
2019-203,010 (48%)$20,327731 (12%)$4,8671,467 (23%)$6,217
2020-213,331 (53%)$19,403766 (12%)$5,0911,421 (23%)$6,069
2021-223,804 (58%)$18,578834 (13%)$5,1631,522 (23%)$6,070
Average2,999 (47.73%)$16,980737 (11.82%)$4,5111,654 (26.45%)$6,278

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 628 (41.09 % of students) received grants or scholarships and its average amount is $18,468. It can cover 37.38% of tuition & fees ($49,412) based on out-of-state rate.
In addition, 396 (25.82 % of students) students get helped from the students loans (average amount : $7,955).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12458 (31%)$14,382430 (29%)$6,337
2012-13487 (33%)$16,744399 (27%)$6,579
2013-14511 (35%)$16,386390 (26%)$6,842
2014-15537 (36%)$18,179420 (28%)$7,134
2015-16573 (38%)$17,928383 (25%)$8,338
2016-17597 (40%)$18,738408 (27%)$7,636
2017-18681 (45%)$21,792378 (25%)$7,654
2018-19657 (43%)$20,591404 (26%)$7,734
2019-20630 (41%)$21,578343 (22%)$10,462
2020-21672 (44%)$21,700351 (23%)$9,912
2021-221,105 (66%)$15,134445 (26%)$8,882
Average628 (41.09%)$18,468396 (25.82%)$7,955
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 12 years, on average, 160 (10.55 % of students) received Pell (federal) grants and its average amount is $4,569.
In addition, 165 students received State/local government grants/scholarships (10.73 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12131 (9%)$3,9834 (0%)$7,75077 (5%)$8,849446 (30%)$12,002
2012-13163 (11%)$4,02913 (1%)$7,318177 (12%)$7,879439 (30%)$13,685
2013-14144 (10%)$4,37713 (1%)$8,081205 (14%)$8,561399 (27%)$14,744
2014-15146 (10%)$4,1682 (0%)$7,000232 (15%)$10,557422 (28%)$15,854
2015-16135 (9%)$4,30439 (3%)$4,399150 (10%)$10,727496 (33%)$15,950
2016-17160 (11%)$4,29314 (1%)$3,649241 (16%)$10,272477 (32%)$16,715
2017-18194 (13%)$4,8071 (0%)$922135 (9%)$13,218650 (43%)$18,649
2018-19160 (10%)$4,7787 (0%)$3,748162 (10%)$12,733643 (42%)$16,601
2019-20157 (10%)$5,01727 (2%)$2,509145 (9%)$13,692609 (40%)$17,657
2020-21169 (11%)$5,35347 (3%)$2,544152 (10%)$12,132635 (42%)$18,447
2021-22199 (12%)$5,152432 (26%)$848137 (8%)$12,866700 (42%)$19,385
Average160 (10.55%)$4,56954 (5.29%)$4,433165 (10.73%)$11,044538 (35.36%)$16,335
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 12 years, on average, 396 (25.82 % of students) get any students loan help and its average loan amount is $396.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12430 (29%)$6,337425 (29%)$5,14231 (2%)$17,406
2012-13399 (27%)$6,579393 (27%)$5,32130 (2%)$17,803
2013-14390 (26%)$6,842379 (26%)$5,23335 (2%)$19,570
2014-15420 (28%)$7,134412 (27%)$5,47936 (2%)$20,526
2015-16383 (25%)$8,338370 (24%)$5,37059 (4%)$20,454
2016-17408 (27%)$7,636403 (27%)$5,52745 (3%)$19,737
2017-18378 (25%)$7,654369 (24%)$5,24850 (3%)$19,137
2018-19404 (26%)$7,734392 (25%)$5,03957 (4%)$20,165
2019-20343 (22%)$10,462328 (21%)$5,19182 (5%)$22,997
2020-21351 (23%)$9,912329 (22%)$5,13265 (4%)$27,548
2021-22445 (26%)$8,882427 (25%)$5,11178 (5%)$22,690
Average396 (25.82%)$7,955384 (25.18%)$5,25452 (3.27%)$20,730
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