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August 21, 2008

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COLLEGE OF WILLIAM AND MARY

College of William and Mary
PO Box 8795
Williamsburg, VA 23187-8795

Official telephone: (757) 221-4000
Fax number: (757) 221-2749

Website: www.wm.edu


Options:
Screen last updated on: September 10, 2007

The financial aid information below is valid for the 2007 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Edward P. Irish,
Director of Financial Aid
Contacting the office: 757 221-2420
757 221-2515 (fax)
finaid@wm.edu
FAFSA number: 003705

EXPENSES
Undergraduate tuition: $5,549; $23,110 out-of-state
Other expenses: personal expenses
Combined room and board expenses: $7,385

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAFebruary 15noMarch 15

Date award notification begins: April 1
Applied for financial aid:
59% of first-year students
46% of full-time undergraduates
Determined to have financial need:
46% of first-year students
59% of full-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
Students determined to have financial need who received any need-based gift aid:
74% of first-year students
81% of full-time undergraduates
Students receiving financial aid who received need-based self-help aid:
77% of first-year students
83% of full-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
48% of first-year students
34% of full-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
44% of first-year students
46% of full-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
84% for first-year students
84% for full-time undergraduates
0% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$12,312 for first-year students
$12,252 for full-time undergraduates
$0 for part-time undergraduates
Average need-based gift award:
$11,727 for first-year students
$11,457 for full-time undergraduates
$0 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$1,991 for first-year students
$2,672 for full-time undergraduates
$0 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$1,722 for first-year students
$2,580 for full-time undergraduates
$0 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
2% of first-year students
5% of full-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$7,222 for first-year students
$5,222 for full-time undergraduates
$0 for part-time undergraduates
Students who received a non-need-based athletic award:
7% of first-year students
6% of full-time undergraduates
Average non-need-based athletic award:
$13,894 for first-year students
$14,384 for full-time undergraduates
$0 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 17%

TYPES OF AID AVAILABLE
Types of loans available:
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
Parent loans packaged to meet need: no
First-year loan package range: $1,741 - $1,761
Undergraduate loan package range: $2,322 - $3,007
Percent of undergraduates who have borrowed through all loan programs: 32%
Average student debt upon graduation: $14,770
Types of payment plans:
  • Tuition Management Systems
  • Virginia Prepaid Education Program
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • academic merit scholarships/grants
  • athletic scholarships
First-year scholarship/grant award range: $6,675 - $8,767
Undergraduate scholarship/grant award range: $6,283 - $7,924
Percent of scholarship aid awarded to out-of-state students: 26%



Data is copyrighted material under license to Wintergreen Orchard House, a division of Alloy Education, which is reproduced on this website by permission of Wintergreen Orchard House. Material may contain updates provided solely by the institution to which the updated Data relates. Copyright © 2006-2008 by Wintergreen Orchard House. All rights reserved.


The information in the Campus Tours is provided and updated by third parties including the respective colleges and universities. While the colleges and universities are able to update the Campus Tours information at any time and this section, thereby, has the potential to offer the most accurate and up-to-date information available, the information is not independently validated, and no party associated with this website can accept responsibility for its accuracy.

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