Colleges and Universities

William and Mary Board of Visitors passes 2019 school year budget

William and Mary Board of Visitors passes 2019 school year budget

The College of William and Mary’s Board of Visitors passed unanimously the 2018-2019 school year budget and raised the tuition for out-of-state students on April 20.

The budget for fiscal year 2019 is $410,665,285. This was an increase of $11,664,091 or 2.9 percent from the 2018 budget.

Sam Jones, senior vice president for finance and administration, said the budget continues to focus on the college’s identified priorities, including need-based financial aid and covering anticipated increases in employee health insurance costs. Financial aid makes up $51.1 million of the budget. Of that, $38.8 will be allocated to undergraduate students and $12.3 million to graduate...

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