Financial Aid

College of William & Mary Merit Scholarships and Financial Aid

College of William & Mary gave merit aid averaging $7,696 to 61 first-year students who had no financial need, about 6% of the freshmen without need.

Merit aid

Scholarships College of William & Mary gave to first-year students who had no financial need.

Average merit award

$7,696

Freshmen who got one

61

of 1,613 in the class

Share of those without need

6%

who received merit aid

Need-based aid

For first-year students the college found to have financial need.

Average need-based grant

$22,933

Average percent of need met

82%

Freshmen with need

34%

550 students

The average total aid package, which can include loans and work-study, was $33,452.

How to read these numbers

  • Merit aid is awarded for grades, scores, or talent. Need-based aid is awarded for family finances. A student can receive both.
  • The merit figures count only students with no financial need, so they show what a family that will not qualify for need-based aid can expect.
  • A grant does not have to be repaid. A package can include loans, which do.

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Frequently asked questions

Does College of William & Mary give merit scholarships?

College of William & Mary gave merit aid averaging $7,696 to 61 first-year students who had no financial need, about 6% of the freshmen without need.

How much is the average merit scholarship at College of William & Mary?

$7,696 for first-year students without financial need, according to College of William & Mary's 2025-26 Common Data Set. That is an average across everyone who got an award, so individual offers run higher and lower.

Does College of William & Mary meet full financial need?

College of William & Mary reports meeting 82% of need on average for first-year students who were awarded need-based aid. A figure under 100% means the average student was left with a gap to cover.

What share of College of William & Mary freshmen have financial need?

550 of 1,613 first-time, full-time freshmen, or 34%, were found to have financial need.

Source: College of William & Mary’s own Common Data Set 2025-26, Section H, for first-time, full-time freshmen. Last checked 2026-10-08. These are averages for one entering class, and some colleges report the prior year’s class in this section. Your own offer depends on your family’s finances and your application.