Financial Aid at William & Mary - Meeting Need?

[Anonymous]

I read somewhere that W&M meets needs for families making under $150k. So if you have an SAI of $20k, does that mean that W&M will meet $23k (assuming that the COA is $43k in-state), with $5,500 being loans? Like most people, we haven't received any financial information, but not sure how it works at W&M.

[Anonymous]

WM meets 100% of demonstrated need for instate residents. https://www.wm.edu/admission/undergraduateadmission/costs-aid/

[Anonymous]

Anonymous wrote:WM meets 100% of demonstrated need for instate residents. https://www.wm.edu/admission/undergraduateadmission/costs-aid/

Just so I understand - does "meeting need" mean that the school will pay the difference between the SAI amount and the COA amount? Sorry - I'm so new to understanding how the financial aid process works.

[Anonymous]

Yes. The COA - SAI will be your cost

[Anonymous]

Sorry...I mean the COA-SAI will be what WM covers

[Anonymous]

Anonymous wrote:Sorry...I mean the COA-SAI will be what WM covers

That's great. At first I thought that W&M would be completely unaffordable and Virginia in-state schools go, but that definitely makes a difference.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Sorry...I mean the COA-SAI will be what WM covers

That's great. At first I thought that W&M would be completely unaffordable and Virginia in-state schools go, but that definitely makes a difference.

For families making under 100K, it typically ends up being the cheapest option in state

[Anonymous]

Now if only Fafsa can get processed so that financial aid letters can come out. But it seems like there was an error that affected many applications.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sorry...I mean the COA-SAI will be what WM covers

That's great. At first I thought that W&M would be completely unaffordable and Virginia in-state schools go, but that definitely makes a difference.

For families making under 100K, it typically ends up being the cheapest option in state

+1 See net prices here:

https://tamingthehighcostofcollege.com/net-price-of-virginia-colleges-by-income/

[Anonymous]

Our HHI is under $100k (in state) and UVA was cheaper than W&M. But this was several years ago.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sorry...I mean the COA-SAI will be what WM covers

That's great. At first I thought that W&M would be completely unaffordable and Virginia in-state schools go, but that definitely makes a difference.

For families making under 100K, it typically ends up being the cheapest option in state

+1 See net prices here:

https://tamingthehighcostofcollege.com/net-price-of-virginia-colleges-by-income/

Wow. That’s actually ridiculous how cheap it is for the lower ends. Wonder why.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sorry...I mean the COA-SAI will be what WM covers

That's great. At first I thought that W&M would be completely unaffordable and Virginia in-state schools go, but that definitely makes a difference.

For families making under 100K, it typically ends up being the cheapest option in state

+1 See net prices here:

https://tamingthehighcostofcollege.com/net-price-of-virginia-colleges-by-income/

Wow. That’s actually ridiculous how cheap it is for the lower ends. Wonder why.

But it's a huge jump after $110k. I thought that the jump would be more graduated. What if you make $109k?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sorry...I mean the COA-SAI will be what WM covers

That's great. At first I thought that W&M would be completely unaffordable and Virginia in-state schools go, but that definitely makes a difference.

For families making under 100K, it typically ends up being the cheapest option in state

+1 See net prices here:

https://tamingthehighcostofcollege.com/net-price-of-virginia-colleges-by-income/

Wow. That’s actually ridiculous how cheap it is for the lower ends. Wonder why.

Because they have significantly less income?

[Anonymous]

OP, have you tried their net price calculator? That should give you an idea.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Sorry...I mean the COA-SAI will be what WM covers

That's great. At first I thought that W&M would be completely unaffordable and Virginia in-state schools go, but that definitely makes a difference.

For families making under 100K, it typically ends up being the cheapest option in state

+1 See net prices here:

https://tamingthehighcostofcollege.com/net-price-of-virginia-colleges-by-income/

Wow. That’s actually ridiculous how cheap it is for the lower ends. Wonder why.

Because they have significantly less income?

🙄
What I mean is it is wildly low compared to all the other VA public colleges. The others’ prices for low income are low but not rock bottom.