Sample Awards

More than half of Williams students receive financial aid, and many types of aid are available to make up the difference between the cost of Williams and what a family can reasonably contribute. Aid packages include a combination of scholarships, grants, loans, and student jobs, and their makeup depends on many factors, including family income and assets, and the number of children in college. Here are a few examples of aid packages that show how families with different circumstances afford a Williams education:

  • Sample Family of 4, $175,000 income
  • Sample Family of 6, $140,000 income
  • Sample Family of 5, $70,000 income
  • Sample Family of 3, $25,000 income
  • Sample Family of 4, $175,000 income

    This student is from a California family of four. The family has income of $175,000, $150,000 in home equity, and $20,000 in savings. The student has $1,000 in savings. The parents pay $8,000 in private school tuition for a younger sister.

    Total Budget $53,080
    (including $1,200 for travel and $2,000 for books and personal expenses)
    Resources
    Parental Contribution $26,000
    Student Savings 250
    Minimum Student Earnings Contribution 1,500
    Total Family Contribution 27,750
    Financial Need $25,330
    Financial Aid Award
    Scholarship and Grants $19,530
    Student Loan 4,000
    Campus Job 1,800
    Total Financial Aid Award $25,330

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    Sample Family of 6, $140,000 income

    One of four children, this Massachusetts student has saved $2,000. Together, the parents earn $140,000. They have $100,000 equity in their home and savings of $10,000. A brother attends a state college.

    Total Budget $51,980
    (including $100 for travel and $2,000 for books and personal expenses)
    Resources
    Parental Contribution $9,500
    Student Savings 500
    Minimum Student Earnings Contribution 1,500
    Total Family Contribution 11,500
    Financial Need $40,480
    Financial Aid Award
    Scholarship and Grants $36,180
    Student Loan 2,500
    Campus Job 1,800
    Total Financial Aid Award $40,480

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    Sample Family of 5, $70,000 income

    This Texas student is the eldest of three children. The father earns $70,000, and the mother is at home. They have little home equity or savings.

    Total Budget $53,030
    (including $1,150 for travel and $2,000 for books and personal expenses)
    Resources
    Parental Contribution $4,600
    Student Savings 0
    Minimum Student Earnings Contribution 1,500
    Total Family Contribution 6,100
    Financial Need $46,930
    Financial Aid Award
    Scholarship and Grants $45,130
    Student Loan 0
    Campus Job 1,800
    Total Financial Aid Award $46,930

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    Sample Family of 3, $25,000 income

    This New York City student is one of two children of a single parent whose income is $25,000. The family does not own a home or have much savings.

    Total Budget $52,030
    (including $150 for travel and $2,000 for books and personal expenses)
    Resources
    Parental Contribution $0
    Student Savings 0
    Minimum Student Earnings Contribution 1,000
    Total Family Contribution 1,000
    Financial Need $51,030
    Financial Aid Award
    Scholarship and Grants $49,230
    Student Loan 0
    Campus Job 1,800
    Total Financial Aid Award $51,030

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