Types of Aid

Financial aid is any assistance made available to a family to help them with educational costs. The primary forms of aid are scholarships, grants, loans, and work-study. Scholarships are awarded by the University and outside agencies based on a student's merit. Other forms of aid, such as grants, loans, and work-study, are generally awarded to a family based on their demonstrated financial need. Financial need is determined by calculating how much a family can contribute to education based on their income and assets.

University Scholarships and Grants

Washington and Lee awards both merit-based and need-based aid. All W&L merit scholarships are awarded through The Johnson Scholarship program. Washington and Lee University also provides generous need based grants to student's whose families demonstrate financial need. Eligibility for these grants is based on an assessment of the family's income and assets.

Federal and State Grants

Students who qualify for federal and/or state grants can use those awards at Washington and Lee. The grants will be incorporated into the need-based package provided by W&L.


While Washington and Lee does not award loans to meet institutionally-determined need, any student who submits the FAFSA will be provided with information on his federal loan eligibility. Both student and parent federal loans can be used to cover the family contribution.

Student Employment

Washington and Lee offers a comprehensive student employment program which allows students to use funds earned from work to help meet their educational costs.

Veteran's Benefits

Information for admitted veterans regarding how financial aid can be awarded through the Yellow Ribbon GI Enhancement Program.

Other Types of Aid

Financial assistance is also available for students interested in study abroad and Army ROTC, as well as veterans and their dependents and children of Washington and Lee employees.