Grants
Eligibility for grant funding is based on demonstrated financial need and does not need to be repaid. Federal, state and W&M institutional grants are available, and a financial aid package will be developed based on your eligibility. Please refer to How to Apply for Aid for full details on the requirements needed to determine your eligibility for need-based financial aid. Additional documents may be required upon request.
Please note that financial assistance from outside sources may affect your eligibility for financial aid since those resources reduce your financial need.
Institutional Grants & Need-Based Scholarships
W&M offers grant and need-based scholarship assistance from approximately 300 different funds that are part of the institution's endowment, unrestricted fund and gift accounts. These funds often result from the generosity of William & Mary alumni and friends. Students must have financial need to be eligible for these funds.
State Grants
Virginia offers two main programs to assist students and their families with covering a portion of the cost of higher education tuition and fees.
Virginia Tuition Assistance Grant Program
The Virginia Tuition Assistance Grant Program is a state-funded grant for students with demonstrated need who graduate from a Virginia high school and have an academic grade point average of 2.5 or greater. Specific requirements must be met, and the award may be renewed up to three additional years when certain criteria are met.
Virginia Commonwealth Award
The Virginia Commonwealth Award is a state-funded need-based grant that provides assistance to undergraduate and graduate students who are Virginia residents. Undergraduate awards are given through the Financial Aid Office and can be renewed when certain criteria are met.
Federal Grants
Pell Grants
Pell Grants are offered to undergraduate students who have not earned a first bachelor’s degree. This need-based grant is awarded using the family’s Expected Family Contribution (EFC) as determined by the FAFSA. The amount awarded is also based on the number of credits the student is taking (full-time vs. part-time). Pell is generally only available for the regular academic year (fall and spring semesters). Summer Pell is available based on federal determination of funding and requires a Summer Aid Application be submitted.
Supplemental Educational Opportunity Grants
Supplemental Educational Opportunity Grants (SEOG) are federal funds provided by the school to students with exceptional need. First consideration is to students who are eligible for a Pell Grant.
