College of William & Mary
Cost of Attendance Breakdown
| Annual Cost of Attendance | $52,881 |
| Tuition & Fees | $26,612 |
| Living Expenses | $26,269 |
| Federal Loan Cap (Graduate) | −$20,500 |
| Annual Funding Gap | $32,381 |
Cover Your $32,381 Gap
College of William & Mary Master of Laws (L.L.M.) students typically need $32,381 in private loans per year to bridge the gap between federal aid and cost of attendance. Pre-qualify with a soft credit check — no impact to your score.
Based on our analysis of 7,333 programs at 1,861 universities · thefundinggap.org
What This Means for You
Large gap — private loans likely required
At $32,381/year ($64,762 over the full 2-year program), the funding gap for College of William & Mary Master of Laws (L.L.M.) is substantial. Most students in this situation use a combination of private loans, institutional aid, and personal resources.
- Shop private loans carefully — a cosigner can significantly reduce your rate
- Ask College of William & Mary about institutional scholarships, especially merit-based awards
- Consider whether a funded alternative (research/teaching assistantship) exists in your field
- File FAFSA early to maximize eligibility for any need-based institutional aid
Need help navigating financial aid? Start with FAFSA
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Frequently Asked Questions
What is the federal loan limit for College of William & Mary Master of Laws (L.L.M.) students?
Under the OBBBA (effective July 1, 2026), College of William & Mary Master of Laws (L.L.M.) students can borrow up to $20,500 per year in federal Direct Loans. This is the graduate annual cap. The aggregate lifetime limit is $100,000 for graduate students.
Can I still get a Grad PLUS loan for College of William & Mary?
No. Starting July 1, 2026, the Grad PLUS loan program is eliminated under the OBBBA. All graduate and professional students are subject to fixed annual borrowing caps ($20,500/year for graduate programs). Students who need additional funding beyond the cap must use private loans, institutional aid, scholarships, or personal funds.
How much does College of William & Mary Master of Laws (L.L.M.) cost per year?
The total cost of attendance for College of William & Mary Master of Laws (L.L.M.) is $52,881 per year. Over the full 2-year program, the total cost is $105,762.
What is the funding gap for College of William & Mary Master of Laws (L.L.M.)?
The annual funding gap is $32,381, calculated as the difference between the total cost of attendance ($52,881) and the federal loan cap ($20,500). Over the full 2-year program, the total gap is $64,762. This is below the national median of $53,341 for Law (LLM) programs.
Is College of William & Mary Master of Laws (L.L.M.) classified as graduate or professional?
College of William & Mary Master of Laws (L.L.M.) is classified as graduate under 34 CFR § 668.2. This means the annual federal loan cap is $20,500/year, with an aggregate limit of $100,000. Note: Some law programs (e.g., LLM, MSL) are classified as graduate — not professional — meaning the lower $20,500 cap applies, not the $50,000 JD cap.
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Data Sources
- Cost of attendance: Sourced from College of William & Mary’s official tuition and fees page for the 2025–2026 academic year.
- Federal loan caps: Defined by the One Big Beautiful Bill Act (OBBBA), Public Law 119-21, Title VIII, Section 81001, amending 20 U.S.C. § 1087e(a), paragraph 4(A)(i).
- IPEDS data: Institutional characteristics from the Integrated Postsecondary Education Data System (NCES), Unit ID: 231624.
- Program classification: LL.M. is classified as graduate per 34 CFR § 668.2, with an annual federal loan cap of $20,500.
Methodology
- Funding gap = Cost of Attendance − Federal Loan Cap. Negative values are reported as $0.
- Cost of attendance includes tuition, mandatory fees, and estimated living expenses (housing, food, books, transportation, personal).
- Rankings compare programs within the same degree type nationally, sorted by annual funding gap from lowest to highest.
- Default COA assumes full-time enrollment, out-of-state residency (where applicable), no scholarships or grants, and no prior federal debt.
Data last updated: January 2026. Effective date for OBBBA loan caps: July 1, 2026.
A student at College of William & Mary Master of Laws (L.L.M.) faces an annual funding gap of $32,381 based on a cost of attendance of $52,881 minus the federal graduate loan cap of $20,500. Over 2 years, the total funding gap is $64,762. Based on data from “The 2026 Graduate Education Funding Crisis — A Data Report” available on thefundinggap.org.