College of William and Mary

Williamsburg, VA, USA

Tuition, Cost & Aid

Affordability and Cost

Average Net Price Average net price for full-time, first-time degree/certificate-seeking undergraduates paying the in-state or in-district tuition rate who were awarded grant or scholarship aid from federal, state or local governments, or the institution. Other sources of grant aid are excluded. Aid awarded anytime during the full aid year is included.

Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
$19,720
Calculate your net cost
Average Net Price By Family Income
Income
Average Amount
< $30k
$5,542
$30k - $48k
$8,772
$48k - $75k
$10,342
$75k - $110k
$19,585
$110k+
$30,981
Tuition
In-State Tuition In-state tuition is the tuition charged by institutions to those students who meet the state's or institution's residency requirements. In-district tuition is the tuition charged by the institution to those students residing in the locality in which they attend school and may be a lower rate than in-state tuition if offered by the institution.
$21,830
Out-of-State Tuition Out-of-state tuition is the tuition charged by institutions to those students who do not meet the state’s or institution’s residency requirements. Out-of-district tuition is the tuition charged by the institution to those students not residing in the locality in which they attend school.
$45,272
Additional Costs
Room and Board The weighted average for room and board and other expenses is generated as follows:
  • (amount for on-campus room, board and other expenses * # of students living on-campus.
  • + amount for off-campus (with family) room, board and other expenses * # of students living off-campus with family
  • + amount for off-campus (not with family) room, board and other expenses * # of students living off-campus not with family)
divided by the total # of students. Students whose living arrangements are unknown are excluded from the calculation. For some institutions the # of students by living arrangement will be known, but dollar amounts will not be known. In this case the # of students with no corresponding dollar amount will be excluded from the denominator.
$12,236
Books and Supplies
$1,425
Tuition Payment Plan
Yes
Financial Aid: visit page
Financial Aid Email: aid@wm.edu

Aid & Grants

0
100
82%
Need Met
Students Receiving Gift Aid Percent of undergraduate students awarded federal gift aid. Federal gift aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
11%
Average Aid Per Year
$18,738
Students Receiving Grants Percent of undergraduate students awarded grant aid. Grant aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
11%
Average Federal Grant Aid Per Year
$4,612
Average Institution Grant Aid Per Year
$16,715
Students receiving state aid
16%
Average State Grant Aid Per Year
$10,272
Students receiving federal aid
11%
Average Federal Grant Aid Per Year
$4,612
Total Needs Based Scholarships/Grants Total amount of grant or scholarship aid awarded to all undergraduates from the federal government, state/local government, the institution, and other sources known to the institution.
$1,954,589
Total Non-Need-Based Scholarships/Grants
$3,784,917

Student Loans

Students Borrowing Loans Loans to students - Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally- and privately-sponsored loans. Does not include PLUS and other loans made directly to parents.
27%
Average Loan Amount Per Year
$7,636
Students receiving federal loans
27%
Average Federal Loans Per Year
$5,527
Average Other Loans Per Year
$19,737
Average Debt at Graduation The median federal debt of undergraduate borrowers who graduated. This figure includes only federal loans; it excludes private student loans and Parent PLUS loans.
$17,248
Loan Default Rate
1%
US National: 7%
Median Monthly Loan Payment The median monthly loan payment for student borrowers who completed, if it were repaid over 10 years at a 5.05% interest rate.
$206

What Students Are Saying

3.87 Average Rating
For in state students, it is the best college deal in the entire country. For out of staters, being a public university has some down falls, but the tuition is still lower than private colleges.
Anna from MI
Paying in-state tuition, I feel that I am definitely getting a bang for the buck. Even for those coming from out-of-state, tuition at WM is close to ten thousand less than tuition at a similar private school. The reason I would give WM 4/5 stars is due to the fact that it is a state school and cannot provide much financial aid beyond what the government is providing. Besides that, this is my greatest monetary investment, and that includes the rain boots I just bought.
Matthew from Fairfax, VA
I am an in-state student, and chose William and Mary partly for the in-state rate, despite its shortage of financial aid. Still, W&M puts students first, and it shows! Not only is a W&M education top-notch, but there is someone on-campus to help you with any conceivable question, dream, problem, or idea - for free. Swem Library is phenomenal, and offers services that I never knew any school could provide, let alone in a library. The on-campus events, organizations, and activities are fantastic, and almost all the flyers advertising meetings or events or clubs usually promise free food.
Madeline from VA
For in-state students, William and Mary is such a bargain! It was recognized by a national magazine as one of the leading public universities. It is even affordable for out-of-state students since it is a public school. Students have the opportunity to take large lecture classes or small classes (15 people or less). Students will be able to know their professors personally and can participate in research.
Andrea from Williamsburg, VA
William and Mary is by far one of the best public schools in the nation. This means that the education surpasses most other universities, however the pricetag isn't painful to look at! Living in Williamsburg is relatively cheap, and the school offers so many free activities that I never feel compelled to spend a lot of money while I am on campus.
Samantha from Chicago, IL
sucks for out-of-state students, great deal for in-state...very high-quality school overall :)
Meha from Colorado
I pay out-of-state tuition, which can be a real bummer, but I have enough financial aid, scholarships, etc. that it's not too much of a burden on my family. For in-state students, the education and experience here are insanely good for the price you're paying. Actually, that's true for me too!
Anna Rose from New Providence, NJ
I am out of state, so tuition is incredibly expensive and the college is pretty stingy when it comes to financial aid. I am certain that I could not get the experience I'm having at W&M for cheaper, though, and I know that the experience will eventually be worth the extra costs and work. For the time being though, the high price is a big worry, and one that I probably wouldn't have at most other universities in the country.
Christiana from Chevy Chase, MD
For in-state students, tuition is great and there are a lot of aid options. Unfortunately, I am from out of state and received no financial aid. The education is well worth the $40,000 ticket price for out-of-state students, but it still hits the pocket pretty hard.
Emily from Yorba Linda, CA

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