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

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 $71,200
(including $1,200 for travel and $2,000 for books and personal expenses)
Resources
Parental Contribution $36,600
Student Savings 250
Minimum Student Earnings Contribution 1,500
Total Family Contribution 38,350
Financial Need $32,850
Financial Aid Award
Scholarship and Grants $26,600
Student Loan 4,000
Campus Job 2,250
Total Financial Aid Award $32,850

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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 $70,200
(including $100 for travel and $2,000 for books and personal expenses)
Resources
Parental Contribution $10,800
Student Savings 500
Minimum Student Earnings Contribution 1,500
Total Family Contribution 12,800
Financial Need $57,400
Financial Aid Award
Scholarship and Grants $52,650
Student Loan 2,500
Campus Job 2,250
Total Financial Aid Award $57,400

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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 $71,150
(including $1,150 for travel and $2,000 for books and personal expenses)
Resources
Parental Contribution $4,900
Student Savings 0
Minimum Student Earnings Contribution 1,500
Total Family Contribution 6,400
Financial Need $64,750
Financial Aid Award
Scholarship and Grants $61,500
Student Loan 1,000
Campus Job 2,250
Total Financial Aid Award $64,750

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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 $70,250
(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 $69,250
Financial Aid Award
Scholarship and Grants $67,000
Student Loan 0
Campus Job 2,250
Total Financial Aid Award $69,250

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