Richard Bland College of William and Mary Financial Aid and Scholarships
Students Receiving Aid
24%
Total Aid Amount
$3.346M
Financial Aid Official Website
www.rbc.edu/admissions/costs-financial-aid/
As many as 82% of the students at RBC get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,411,904 in a year. At RBC, the total percentage of applicants who receive the Federal Grant stands at 66%. In comparison, 70% of the students are awarded the Student Grant, 24% get the Institution Grant, and 55% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,380, and the same stands at $2,868 for State Grant awardees and $1,709 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,501. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At Richard Bland College, the percentage of candidates who opt to avail of student loans is around 61%.
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