Financial Aid and Scholarships

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 University 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 University School Code: 003723) after January 1st, so that we can prepare an individual financial aid package for you.

Financial Aid Comparison Tool:

The Mary Baldwin Financial Aid office is pleased to offer a tool to help you compare your financial aid and cost at Mary Baldwin 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 Mary Baldwin.  Contact for more information.

Student Employment Program

The Mary Baldwin University Student Employment Program (SEP) is designed for experiential hands on learning that will inspire, mentor and coach students for future professional expectations and career endeavors. All positions within Student Employment are on-campus 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.



Through the College Cost Reduction and Access Act of 2007, Congress created the Teacher Education Assistance for College and Higher Education (TEACH) Grant Program that provides grants of up to $4,000 per year to students who intend to teach in a public or private elementary or secondary school that serves students from low-income families.



Application deadline: July 31 (A valid application must be on file to be eligible).
Eligibility requirements: Full-time, degree-seeking students who are Virginia residents
Limit of Award: Eight semesters

Download TAG Application (PDF )

The Tuition Assistance Grant or “TAG” is available to Virginia residents who are enrolled full-time at Mary Baldwin University or other select private colleges located in the State of Virginia. Residency for dependent students is based on residency of their parents. The award is limited to eight semesters of eligibility.

To assure consideration, a student must file the TAG application with Mary Baldwin by July 31 preceding full-time enrollmentin the fall. The application must be approved using the processing software issued by the State Council of Higher Education in Virginia (SCHEV). If not approved, the student will be advised of required information to complete the application process or will be rejected by our office. A student has the right to appeal any rejection by our office to SCHEV. Information on how to appeal will be included in any letter of rejection.

*The State gives priority in awarding funds to those students enrolled in fall semester and funding is available only for fall and spring semesters. The award is set by the State each year and can be adjusted by the State during the year based on availability of funds. SCHEV has the following priority for awarding students:

Category 1 – Returning students who attend the fall and spring terms, and received a TAG award in the previous fiscal year. Returning students do not have to reapply for TAG.

Category 2 – New students to the institution’s TAG program who attend the fall and spring terms, and who apply for the TAG program by July 31. This category includes new freshmen, transfers, new graduate or professional students, and returning students who did not receive a TAG award in the previous fiscal year.

Category 3 – New students to the TAG program who attend the fall term, and who apply between August 1 and September 14.

Category 4 – All students applying for spring term awards only, and who apply be December 1.

Students who are Category 3 or 4 will receive funding only at the discretion of SCHEV after full funding of Category 1 and 2. Any adjustment in a student’s award will be passed on by Mary Baldwin to the student. These adjustments should not be expected prior to March 15 each academic year.

Students wishing more information about the program can request an application from Mary Baldwin or contact the State Council of Higher Education at