How Affordable is W&L?
The following examples illustrate five different family scenarios. Please keep in mind that these are sample cases. Each student who applies for aid will be reviewed on an individual basis.
Mary comes from a Virginia household with seven in the family. Mary is the only child attending college this year. Their income is $23,560 and they do not own a house or have any substantial assets. Mary's cost of attendance is $67,200 and her total grant package is $67,200.
Taylor's family lives in Wisconsin. He has five in his family but he is the only one attending college this year. Their income is $56,140 and they own a small house with $15,000 in equity. They also have a small business valued at $10,000. Taylor's cost of attendance is $67,450 and his total grant package is $60,980.
Emily comes from a Georgia household consisting of her father and herself. Emily's parents are divorced and the parent's combined income is $82,300. Emily's father owns a home with equity of $65,000. They have about $17,000 in cash. Emily's cost of attendance is $67,650 and her total grant package is $51,890.
Anna is from Maryland with seven in the family and three attending college this year. The family income is $104,500. Anna's family owns their house with no debt and $200,000 in equity. In addition, they have $37,000 in other assets. Anna's cost of attendance is $67,225 and her total grant package is $54,455.
Michael comes from a New York family of five. Michael is the only child attending college this year. The household income is $131,400 and they own a home with $290,000 of equity. Michael's cost of attendance is $67,425 and his total grant package is $34,205.
W&L Grant Aid by Parent Income
Class of 2021 domestic U.S. students (university need-based grant application submitted)
|Income||Average Grant||Range of Grants|
|$0-$29,999||$55,463||$54,180 - $56,780|
|$30,000-$59,999||$55,078||$48,894 - $59,756|
|$60,000-$89,999||$53,253||$42,572 - $61,880|
|$90,000-$119,000||$45,662||$0 - $58,304|
|$120,000-$149,999||$36,590||$0 - $56,186|
|$150,000-$189,999||$32,326||$0 - $54,952|
|$190,000 and above||$6,088||$0 - $0 - $46,249|