Grants & Scholarships

Grants

Williams Grant: Awarded based on need, this grant covers 85 percent of the average financial aid package.

Williams Book Grant: All applicants who qualify for aid receive a book grant that covers the actual cost of ALL required textbooks, course packets, and studio art fees taken for academic credit during the fall and spring semester(s) when in residence.  Winter Study costs, including books, are handled separately.

Federal Grants: The Federal Pell Grant Program provides federal funds of up to $5,815 a year to students with family incomes generally below $25,000 (or higher if multiple children are in college). More than a third of students who receive financial aid from Williams also receive Pell grants. The federal government also offers Federal Supplemental Educational Opportunity Grants (FSEOG) for students with exceptional need.

State Grants: Scholarship and grant programs vary by state. Some are based on financial need, others on merit; some require you to attend a college in your home state. State grants are transportable for eligible students from MA, PA, and VT. You should seek information and apply to your home state for these grants in accordance with their deadline(s). These entitlement grants replace the Williams grant dollar-for-dollar.

Here’s more information on applying for state grants if you live in Massachusetts, Vermont, or Pennsylvania.

Special Programs

Health Insurance Grant: The college will cover the full cost of health insurance for financial aid recipients who do not have health insurance or whose health insurance does not meet the college’s requirements for coverage. The grant covers the total cost of the annual health plan.

Study Away Fee Grant: Study away programs such as Williams-Exeter Programme at Oxford, Williams-Mystic, Twelve College Exchange, or any other program approved by the Committee on Academic Standing (CAS) may be funded in part or in full with Williams and federal financial aid.
If you’re planning to study away for a semester or an academic year, you’ll need to do the following:

Winter Study Grant: Financial aid students are eligible to receive aid for their primary Winter Study projects.  In most cases, Winter Study grants help defray the cost of books, supplies, and/or transportation. The amount of aid varies depending on the type of project.

Yellow Ribbon Program: Williams is pleased to be a participant in the Yellow Ribbon GI Enchancement Program, in which qualified veterans or their dependents are eligible for unlimited Yellow Ribbon institutional matching funds from the college. Most, if not all, veterans are expected to graduate debt-free from Williams.

Employer Benefit: Employer tuition grant programs assist eligible employees (i.e., your parents) in paying for dependent children’s college educations.

Outside Scholarships and Prizes: Awarded by private organizations according to selective criteria, these may be need- or merit-based and are available from a wide variety of local, regional, and national sources—including civic and religious organizations, parents’ employers, and the National Merit Scholarship Corporation.

Outside scholarships first replace the standard student loan portion of the Williams financial aid package. If outside funds remain after student loan has been eliminated, the job portion of the award would then be replaced, followed by your standard summer student contribution. Once your outside scholarships replace the loan, job, and standard student contribution portion of your financial aid award, your grant aid from Williams will be reduced on a dollar-for-dollar basis. However, you may request a one-time exception for the purchase of a computer with these funds. Contact the Financial Aid Office for details about this process.

ROTC Scholarship: Beginning with the 2014-15 academic year, these awards will first replace the student loan and job portion of the award. In addition, in order to recognize the extended service commitment of ROTC candidates, the remaining ROTC funding can then be used to replace the difference between the Williams calculated family contribution and the federal EFC, if it is less. Any remaining ROTC monies will then reduce the Williams grant on a dollar-for-dollar basis.