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Financial Aid and Scholarships

Residential College for Women

WP--Grad-2012_164-WMary Baldwin College is an affordable value, ranked 10th by U.S. News & World Report among master’s-level universities in the South recognized as “Great Schools, Great Prices.”

Whether its merit- or need-based scholarships, grants, study abroad and research awards, loans, or work-study compensation, we recognize your potential and will pull together a higher-education-funding plan that helps you and your family take advantage of every resource. More than 95 percent of MBC students receive financial aid. Your customized financial aid package may include:


Merit awards of up to $20,000 are available to new students. Use the Net Price & Scholarship Calculator to estimate your award.

Net Price

An education at Mary Baldwin College is more affordable than you might think.  Generous merit and need-based scholarships, grants and loans are available. Use the Net Price & Scholarship Calculator to estimate your financial aid award package.  The calculator only provides a rough estimate of financial aid and may not adequately capture your unique situation.  We encourage students and families to complete the FAFSA (Mary Baldwin College School Code: 003723) after January 1st, so that we can prepare an individual financial aid package for you.

Financial Aid Comparison Tool:

The MBC Financial Aid office is pleased to offer a tool to help you compare your financial aid and cost at MBC to that of other colleges. This interactive tool will help you see how your final cost will compare across the colleges you are considering attending. Check out the Financial Aid Comparison Tool to see how our aid works out for you.

Federal Grants

Grants are based on need — many more students are eligible for assistance than ever before.  You must complete the FAFSA or FAFSA en Español to receive these grants.

State Grants

If you are a Virginia resident you will receive an estimated grant of $3,100. The State will advise colleges of the exact amount during the academic year. Complete the TAG (Tuition Assistance Grant) form (PDF).  It is easy to apply and you do not pay it back. Other states grants may be available based on FAFSA information. Out of state tuition assistance grants are also available.

ROTC scholarships

If you are in the Virginia Women’s Institute for Leadership (VWIL), one of Mary Baldwin’s leadership gateways, you may apply for a ROTC scholarship as a high school senior or after your enrollment at MBC.  Contact for more information.


Jobs at Mary Baldwin College are designed to help you build your career while earning additional money. Our new Changemakers initiative offers gratifying community service jobs. Click here for more info.


A variety of low-interest loans are available.  Our financial aid office will help you determine which are right for you. For more information regarding loans, please click here. If you have questions, Contact us now.


Tuition:  $29,940
Fees:  $391
Room/Board:  $9,000
Total Direct Cost:  $39,331