Reply to SCHEV stats for VA colleges for last admission cycle released

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How many full ride scholarships does W&M give out each year? What about UVA?[/quote]

Roughly top 10% at W&M get the Monroe scholarship, which covers 100% in-state tuition.  
Then there is the W&M scholarship which also cover 100% in-state tuition.  There is another initiative for Pell grant receivers also, [b]but not sure how their budget can do it all at the same time with the multiple construction projects.  We shall see.  [/b]

https://news.wm.edu/2022/09/23/wm-commits-to-cover-full-tuition-and-fees-for-all-in-state-pell-grant-recipients/
https://www.wm.edu/admission/undergraduateadmission/costs-aid/scholarship/
[/quote]

These things are all funded differently.  They don't really compete like that.  Construction for most projects is either funded through the state capital budget or through bonds.  In the case of new dorms, the bonds are revenue bonds backed by the room and board revenue.  (William and Mary's new dorms are being built with a public-private partnership with a developer, an approach that is increasingly used in higher education).  Merit scholarships are funded by external private foundations.  Financial aid is funded by general revenue (including tuition), private philanthropy, and state and federal sources.    [/quote]

Ah, thank you for the clarification.  [/quote]

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