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College of William and Mary

Gateway

For Virginia residents with family incomes below $40,000, after the family covers any EFC, the program covers the remaining student budget with grant aid.
For Virginia residents with family incomes below $40,000. . .   2009-10 Estimated Student Budget
  After the family covers EFC, the college assures enough grant aid to cover these expenses
Tuition & Fees $11,100
Books & Supplies $1,050
Room & Board $8,502
Transportation & Personal Expenses $1,700
Total Expenses:     $22,352   

About the Financial Aid Pledge (2009-10):

Who qualifies for the pledge (in addition to common requirements)?
Virginia residents with family incomes below $40,000.

How is EFC determined and used?
Federal Methodology. The family is expected to cover the EFC. In some cases, the student contribution may result in an unsubsidized Stafford Loan or PLUS (Parent Loan) being part of the offer.

How much academic year work and/or need-based loans are included?
No loans. Work-study is not generally required.

Does the offer account for the full student budget?
Yes.

How are outside scholarships handled?
Gateway students have all of their need met with grants, so outside scholarships reduce institutional grant aid.

For more information:
Gateway William and Mary

About the Institution (2007-08):

    Location: Williamsburg, VA
    Type: Public 4-year
    Undergraduate enrollment: 6,517
    Pell Grant recipients (a measure of low-income enrollment): 8%
    Proportion of graduating seniors with student debt: 39%
    Average debt: $12,859

Glossary

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