$5,446

Avg. Federal Grant

$3,988

Avg. Federal Loan

$55,736,084

Total Aid Awarded

Williams College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

55%

Total Aid Amount Average Total Aid Awarded per year.

$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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

22%

State Grant Aid

3%

Institution Grant Aid

53%

Pell Grant

22%

Average Aid Awarded

Federal Grant Aid

$5,446

State Grant Aid

$2,941

Institution Grant Aid

$49,745

Pell Grant

$4,890

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$66,906

$30,001 - $48,000

$66,367

$48,001 - $75,000

$61,835

$75,001 - $110,000

$52,559

Over $110,000

$27,293

Student Loans for Williams College

Average Loan Amount Average Loan Amount received per year.

$5,060/Year

Students Taking Out Loans

24%

Loan Default Rate

0.4%

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