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Williams College

For all students, after the family covers any EFC, the program covers the remaining student budget with work-study and grant aid.
For all students. . .   2009-10 Estimated Student Budget
  After the family covers any EFC, the college assures enough work study and grant aid to cover these expenses
Tuition & Fees $39,490
Books & Supplies $800
Room & Board $10,390
Transportation & Personal Expenses $1,200
Total Expenses:     $51,880   

About the Financial Aid Pledge (2009-10):

Who qualifies for the pledge (in addition to common requirements)?
All students.

How is EFC determined and used?
Institutional Methodology. The family is expected to cover the EFC, with a $1,000 - $1,500 student contribution for freshmen.

How much academic year work and/or need-based loans are included?
No loans and $1,800 in work for freshmen.

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

How are outside scholarships handled?
Outside scholarships first reduce the work expectation then institutional grant aid.

Note:
Starting with incoming freshmen in 2011-12, the college will re-introduce loans at modest levels for students with incomes above a certain threshold. The loan and income limits are still to be determined. See "College retracts no-loans policy in latest budget cuts."

For more information:
Williams Replaces All Financial Aid Loans with Grants, 2007

About the Institution (2007-08):

    Location: Williamstown, MA
    Type: Private 4-year
    Undergraduate enrollment: 2,136
    Pell Grant recipients (a measure of low-income enrollment): 14%
    Proportion of graduating seniors with student debt: 46%
    Average debt: $9,214

Glossary

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