All Undergraduate Financial Aid

At William & Mary, 3,804 undergraduate students (58% of total 6,543 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $18,578.
Financial Aid Statistics (All Undergraduate Students) - W & M
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship3,80458% $70,669,466$18,578
Pell Grants83413% $4,305,598$5,163
Federal Student Loan1,52223% $9,238,752$6,070

Beginning Undergraduate Students (Freshmen) Financial Aid

1,332 beginning undergraduate students (79% of total 1,682 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at William & Mary. The average amount of aid received is $15,134.
Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - W & M
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid1,33279% --
Grants or Scholarships1,10566%$16,723,529$15,134
Federal Grants59335%$1,391,337$2,346
Pell Grants19912%$1,025,190$5,152
Other Federal Grants43226%$366,147$848
State/Local Grants1378%$1,762,654$12,866
Institutional Grants70042%$13,569,538$19,385
Student Loan Aid44526%$3,952,441$8,882
Federal Student Loans42725%$2,182,599$5,111
Other Student Loans785%$1,769,842$22,690

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The next table shows the number of students awarded and the average grants/scholarship aid amount by income level for the academic year 2021-2022 at William & Mary. The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.
Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level419334$8,875,067$21,182
0-30,0006767$2,548,965$38,044
30,001-48,0005454$1,946,539$36,047
48,001-75,0006868$2,190,860$32,219
75,001-110,0006160$1,283,442$21,040
110,001 or more16985$905,261$5,357
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