#3 Best Public Universities in America

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$6,194
Room and Board $12,926
Other Expenses Budget$2,041
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$6,194
Room and Board $12,926
Other Expenses Budget$2,041

Residents of Virginia pay an annual total price of $39,595 to attend College of William and Mary on a full time basis. This fee is comprised of $17,434 for tuition, $12,926 room and board, $1,000 for books and supplies and $6,194 for other fees.

Out of state residents are charged a total cost of $62,250 which is 57.2% higher than Virginia residents. The tuition charge is $40,089 while room and board is $12,926, books and supplies are $1,000 and other fees come in at $6,194.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend College of William and Mary when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
Net Price by Income College of William and Mary
Family Income Net Price Paid
$0 to $30,000$4,711
$30,001 to $48,000$4,963
$48,001 to $75,000$11,721
$75,001 to $110,000$20,416

The average reported annual net price for College of William and Mary for students receiving grants or scholarship aid was $18,551 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

43% 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 $20,591 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 25% of students received Federal Student Loans averaging $5,039 and 4% of undergrads took out private student loans averaging $20,165.

Finanical Aid College of William and Mary
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $20,591 43%
Institutional Grants and Scholarships $16,601 42%
Pell Grants $4,778 10%
Other Federal Grants $3,748 0%
State and Local Grants $12,733 10%
Federal Student Loans $5,039 25%
Other Student Loans $20,165 4%

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 $483 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 2.75%.

Example Loan $50,640
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $483.16
Total Interest Paid $7,339.38
Sum of All Loan Payments $57,979.38

Projected 4 Year Degree Price

4 Year Sticker Price
Year Virginia Residents Non Residents
1 $39,595 $62,250
2 $42,785 $67,265
3 $46,232 $72,684
4 $49,956 $78,539

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 $158,380 - assuming graduation in normal time. The estimation assumes a 8.1% 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 $425 $1,275 $1,700
Out of State Residents $1,278 $3,834 $5,112

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

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