by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
Uncover the various financial aid options provided by Williams and determine which ones you may be eligible for by continuing your exploration.
Williams College average financial aid offer for freshmen students is $53,164.00. 62% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at Williams College.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The next numbers refer to grants and scholarships mainly supplied by the college itself.
52% of first-year students (286 total) were offered scholarships at Williams College, averaging $51,125.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 19% of first-year students (102 total) got a federal grant, for about $5,510.00 per person.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 4.21% | $74,069.00 |
| Income 30k-48k | 5.86% | $70,040.00 |
| Income 48k-75k | 5.86% | $69,944.00 |
| Income 75k-110k | 4.76% | $60,818.00 |
| Income 110k + | 15.20% | $31,553.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
62% of the 546 undergraduates at Williams College receive some sort of grant aid. This is a total of about 286 students getting an average of $53,164.00 per person.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.