We believe a W&L education should be affordable for all admitted students. Our financial aid evaluation is not just a set of numbers plugged into a formula. We review each application and treat each family according to its circumstances. All First-Year applicants, including domestic, international and undocumented students, are eligible and encouraged to apply for need-based financial aid.
W&L also offers competitive merit-based full-ride scholarships through the Johnson Scholarship Program and additional full-tuition scholarships on the basis of geography or special interest.
- 100% — W&L meets the full demonstrated financial need of every admitted applicant entirely through grants and student employment, without loans.
- $0 in tuition — Undergraduate students with a total family income below $125,000 and assets typical for their income will receive a minimum grant equal to full tuition.
- $59 million in aid awarded annually. Our top-15 endowment among all U.S. colleges and universities allows us to provide need-based financial aid to the greatest number of students across the broadest range of incomes.
- 57% of the entering first-year class received some form of financial aid, with an average aid award of $60,048.
- ~44 members of the first-year class will win a prestigious Johnson Scholarship — an $80,000 per year value.
Access & AffordabilityStudents with the intellect to excel and the selflessness to care should have the opportunity to lead.
Making Ends Meet
Our No-Loan Commitment
The W&L Promise
Merit & Need-Based
Veterans and Yellow Ribbon
Award StoriesAt first glance, a private college education may seem out of reach. We encourage you to look closer.
Alvin Thomas Johnson Scholar
For Alvin, winning a prestigious, full-tuition Johnson Scholarship was “extremely liberating” because it lifted the financial burden and allowed him to take full advantage of W&L’s opportunities. At W&L, Alvin majored in engineering and minored in poverty studies. After graduating, he focused on global disease epidemiology while pursuing a master’s in public health at Johns Hopkins. Now Alvin is pursuing a doctorate at UNC-Chapel Hill.
Elizabeth Elium Need Based Grant
Elizabeth was awarded a need-based, no-loan package that covered her full cost of tuition. A geology major at W&L, Elizabeth earned a master’s degree at Oklahoma State and now works as a geologist in Dallas, Texas. “My financial aid award allowed me to be focused on school without constantly having to worry about loans or worry about my parents’ financial situation.”
Lenny Enkhbold Questbridge
A native of Mongolia, Lenny majored in computer science and German, with a minor in philosophy. Lenny combined his love of the outdoors with W&L’s extensive alumni network to land a job as United States Engagement Coordinator for the Swedish outdoor brand Klättermusen, whose CEO is a W&L alum.