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Types of Aid and Financing

This Is What True Affordability Looks Like

Through our All-Grant program, Williams eliminated loans and work-study requirements from our financial aid packages. Instead, the college offers grants that do not have to be repaid. We want you to focus your energy on what you’ll learn—not how you’ll pay for it.

Your financial aid package may include other components, such as federal and state support. Here’s a quick introduction to the kinds of support we offer and the financing options available to you.

Grants

All financial aid from Williams comes in the form of grants from the college, along with federal and state support. These grants do not need to be repaid.

Williams is famous for our Book Grant, which covers the full cost of all required textbooks and course materials for every aided student.

Outside Scholarships

If you receive scholarships from entities other than Williams, they can be used to purchase a new computer. After that, any leftover amount will be used to reduce your Williams grants.

Student Loans

Williams students are not asked to take out loans as part of our financial aid program. You may choose to borrow as a financing option, but loans will never be included in your financial aid award from Williams.

Student Jobs

Williams doesn’t require students to work on campus or during the summer as part of your financial aid. If you choose to work, campus opportunities are plentiful, but we want you to find the dynamic that works best for you.

Financing Options

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Payment Plans

The Williams Payment Plan allows families to make monthly payments with zero interest, instead of paying twice per year, before the start of each term.

Parent Loans

Federal PLUS Loans, with a fixed interest rate and flexible loan limits, can help your family pay for educational expenses not covered by other forms of aid. Repayment can be up to 10 years after you’ve received the full loan amount.