William & MaryScholarships & Financial Aid 2026
Based on Common Data Set 2023-2024 figures
Merit-Based Aid
Freshmen Receiving Merit Aid
4%
Average Merit Award
$10,058/yr
Need-Based Grants
Freshmen Receiving Need-Based Aid
79%
Average Need-Based Grant
$19,667/yr
Net Price by Family Income
Average annual cost after grants and scholarships, by household income bracket.
Under $30,000$6,616/yr
$30,001 to $48,000$6,407/yr
$48,001 to $75,000$12,603/yr
$75,001 to $110,000$20,439/yr
Over $110,000$35,264/yr
Cost of Attendance
Tuition & Fees$50,467
Room & Board$15,654
Books & Supplies$1,050
Total Estimated Cost$68,971
Frequently Asked Questions
Does William & Mary offer merit scholarships?
Yes. Based on CDS data, 4% of incoming freshmen receive merit-based awards with an average of $10,058 per year. Merit aid is awarded based on academic achievement and other criteria independent of financial need.
How much financial aid does William & Mary give?
79% of freshmen receive need-based institutional grants averaging $19,667 per year. Award amounts depend on demonstrated financial need as determined by the FAFSA and CSS Profile.