Hello fellow students, I am planning to apply to William and Mary and I'm a little bit worried about the cost of attendance. Can anyone who's there or applied shed some light on this aspect?
Absolutely, you're not alone in your concerns about college affordability, it's a common worry for many students. For in-state students for the 2024 to 2025 academic year, the estimated total cost of attendance is $45,498, and for out-of-state students it is $71,080. While the cost of attending William & Mary can indeed seem high, the important thing to remember is that "sticker price" seldom reflects what you'll actually pay as it doesn't take into account things like financial aid, scholarships, or work-study programs.
William & Mary offers need-based aid to cover the cost of tuition, housing, and other expenses. They take into account factors such as your family income, number of children in college, and other extenuating circumstances. The school also offers a variety of merit-based scholarships that you could consider.
Next, make sure to do a net price calculation. This will give you a more accurate estimation of what you might pay based on your family's specific circumstances. One tool you could use is the net price calculator provided by the school on their website.
Keep in mind it's always worth applying and seeing the financial aid package you're offered before making any final decisions. You could also reach out to their Financial Aid Office if you have specific concerns or questions.
Lastly, remember to apply to a range of schools with varying price tags and to consider the potential return on your investment. Think about your earning potential with a degree from William & Mary versus other institutions you might be considering. That gives a broader picture when looking at it from an investment standpoint. You may find that the outcomes justify the cost.
Good luck with your applications!
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