Oct 19, 2021  
2021 - 2022 Graduate Catalog 
2021 - 2022 Graduate Catalog

A&S: Financial Aid

Graduate Assistantships, Scholarships, and Fellowships

Graduate assistantships, scholarships, and fellowships are available in many departments/programs for full-time graduate students. For details, applicants should write to the department/program. Application for aid should be made on the application form for admission to graduate study. Awards are made on the basis of merit. Graduate assistants work on average twenty hours a week or less during the academic year or the summer depending upon the stipend awarded. They must satisfactorily carry out the duties assigned by their departments/program committees, must make satisfactory academic progress in their degree programs as defined by the Grading and Academic Progress section of the Graduate Arts & Sciences Catalog and by the requirements and milestones defined in the student’s graduate program’s section in the Graduate Arts & Sciences Catalog, and may not hold any other employment or appointment of a remunerative nature during the term of their assistantships without approval of the Dean of Graduate Studies and Research. Failure to comply with these conditions will lead to revocation of appointments. Approval from the Dean of Graduate Studies and Research for additional employment/appointment of a remunerative nature of no more than 9 additional hours per week, will be based on supporting written statements from the student’s thesis/dissertation advisor and Director of Graduate Studies that the additional employment is not anticipated to adversely affect the student’s progress toward the degree. Such approval does not imply exemption by the Internal Revenue Service from Social Security and Medicare taxes. To ensure that their IRS status as students is maintained, students should consult the appropriate IRS documents and/or a tax advisor. It is the responsibility of international students to understand their visa restrictions before accepting on-campus or off-campus employment.

Summer stipend or fellowship funds administered through the Office of Graduate Studies and Research will not be approved for payment to new domestic graduate students (i.e., domestic students who have not been previously enrolled in their W&M graduate program) during the summer sessions (approximately June 1 - August 1) unless the student has been officially admitted to the W&M graduate program for the summer and is enrolled in a W&M summer course for zero or more graduate credits.

New international W&M graduate students who are required by their department to arrive more than 30 days before the first day of class must be admitted and enrolled as full-time W&M graduate students during the summer.

All financial aid will be revoked if a student fails to make satisfactory academic progress toward their degree as defined by the Grading and Academic Progress section of the Graduate Arts & Sciences Catalog or fails to register as a full-time student.  Graduate assistants are normally paid in equal installments (minus deductions for federal and state withholding taxes and applicable federal social security taxes) on the first and sixteenth of each month. The portion of a graduate fellowship or scholarship applicable to a semester is initially applied to payment of tuition for that semester. Any amount remaining after payment of tuition may be refunded to the student. Students wishing to apply to student loans should submit the Free Application for Federal Student Aid (FAFSA) by March  1 (new students) or March 15 (returning students). Award letters will be sent in June. For more information, write to aid@wm.edu or visit the William and Mary Financial Aid web site.

Veterans Educational Benefits 

William & Mary appreciates the sacrifices that our active duty, veterans, reservists, national guard and military dependents make as they serve our country.  We are committed to our active duty service members, their dependents and veterans in transitioning to the College and being successful.  Honorably discharged members of the U.S. armed forces are eligible for an application fee waiver by uploading a copy of their Leave Earning Statement (LES) or DD214 directly to their application for admission.  Please visit our Military and Veteran Students webpage for additional information about Veterans Education Benefits.

Information for Senior Citizens

Tuition may be waived for senior citizens taking a course for audit or eligible senior citizens taking a course for credit. Please review the Senior Citizens Higher Education Act of 1974 for eligibility requirements. Registration for Senior Citizens begins the first day of classes of each term.  Please visit the Registrar’s webpage for additional information.