Williams College Financial Aid and Scholarships
Students Receiving Aid
55%
Total Aid Amount
$55.736M
Financial Aid Official Website
https://finaid.williams.edu
Such schemes include Heriberto Flores Scholarship, MASSGrant Program, NEEBC Scholarship Award, and QuestBridge National College Match Scholarship. As many as 63% of the students at WC get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,944,232 in a year. More information regarding the financial assistance schemes can be accessed on WC’s official financial aid page at https://finaid.williams.edu. At WC, the total percentage of applicants who receive the Federal Grant stands at 20%. Meanwhile, 51% of the applicants receive the Student Grant and 51% are awarded the Institution Grant, while 20% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,462, the State Grant receivers and Institution Grant beneficiaries get $2,468 and $53,859, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,830. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $65,650 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $64,632 and $60,242, respectively. On the other hand, the average federal aid stands at $52,815 for those with an annual family income between $75,001 and $110,000, and at $23,754 for an income more than $110,000. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. Every year, around 21% of the applicants to Williams College opt for student loans.
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