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William & Mary Tuition & Cost

Williamsburg, Virginia

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How much does it cost to attend?

In State Virginia Resident Sticker Price
In State Costs for College of William and Mary
Fee Cost
Books and Supplies$1,000
Other Fees$6,378
Room and Board $13,736
Other Expenses Budget$2,076
Out of State Resident Sticker Price
Out of State Costs for College of William and Mary
Fee Cost
Books and Supplies$1,000
Other Fees$6,378
Room and Board $13,736
Other Expenses Budget$2,076

In-state tuition at College of William and Mary for undergraduate students residing in Virginia is $17,434. Room and board charges total $13,736 per year. Students will also need to budget for books and supplies, which typically amount to $1,000 annually. Other administrative or academic fees are $6,378 for the year. Additionally, students should plan an estimated $2,076 for other miscellaneous expenses throughout the year. In sum, residents attending College of William and Mary full time should expect a total annual cost of $40,624.

Undergraduate tuition at College of William and Mary is $40,089 for out-of-state students. Additionally, out-of-state students are charged $13,736 for room and board, $1,000 for textbooks and educational resources, plus fees of $6,378. Students are advised to budget $2,076 for other expenses. When these costs are combined, annual out-of-state charges total $63,279. This figure is 55.8% higher than what Virginia residents pay.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.

Net Price

The net price provides a more realistic estimate of the true cost of attending College of William and Mary, once common grants and scholarships have been taken into account. It's important to note that this net price can fluctuate based on factors such as family income and individual financial need.

Average Net Price 2019/2020
Net Price by Income College of William and Mary
Family Income Net Price Paid
$0 to $30,000$5,972
$30,001 to $48,000$7,507
$48,001 to $75,000$10,995
$75,001 to $110,000$19,472

The average reported annual net price for College of William and Mary for students receiving grants or scholarship aid was $18,588 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Financial Aid

47% of full-time undergrad College of William and Mary received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $21,578 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 21% of students received Federal Student Loans averaging $5,191 and 5% of undergrads took out private student loans averaging $22,997.

Finanical Aid College of William and Mary
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $21,578 47%
Institutional Grants and Scholarships $17,657 40%
Pell Grants $5,017 10%
Other Federal Grants $2,509 2%
State and Local Grants $13,692 9%
Federal Student Loans $5,191 21%
Other Student Loans $22,997 5%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to College of William and Mary, we've modeled a ten year student loan with an original principal value of $50,640. The loan balance of $50,640 is a four year multiple of the $12,660 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $537 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 4.99%.

Example Loan $50,640
Stafford Loan Interest Rate 4.99%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $536.87
Total Interest Paid $13,784.19
Sum of All Loan Payments $64,424.19

Projected 4 Year Degree Price

4 Year Sticker Price
Year Virginia Residents Non Residents
1 $40,624 $63,279
2 $41,536 $64,700
3 $42,469 $66,153
4 $43,423 $67,639

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at College of William and Mary to be $162,496 - assuming graduation in normal time. The estimation assumes a 2.2% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at College of William and Mary
Price Per Credit 3 Credit Class 4 Credit Class
Virginia Residents $581 $1,743 $2,324
Out of State Residents $1,336 $4,008 $5,344

Estimated cost for a class at College of William and Mary based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at College of William and Mary versus other colleges.

Tuition Payment Plans Available

College of William and Mary Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No
Costs for Similar Colleges 

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=231624 IPEDS survey data for College of William and Mary.