Washington and Lee University

www.wlu.edu

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2022 Undergraduate Tuition

$60,590

4% growth from 2021

2022 Average Net Price

$24,733

After Financial Aid

2020 Default Rate

on Student Loans

2022 Acceptance Rate

17%

7,224 Applicants

2022 Enrolled Students

2,243

99.6% Full-Time

2022 Graduation Rate

94.8%

440 Graduates

About

Washington and Lee University is a higher education institution located in Lexington city, VA. In 2022, the most popular Professional Doctorate concentrations at Washington and Lee University were Law (119 degrees awarded).

In 2022, 700 degrees were awarded across all undergraduate and graduate programs at Washington and Lee University. 56.7% of these degrees were awarded to women, and 43.3% awarded men. The most common race/ethnicity group of degree recipients was white (529 degrees), 15.1 times more than then the next closest race/ethnicity group, asian (35 degrees).

The median undergraduate tuition at Washington and Lee University is $60,590, which is $32,260 more than the national average for Baccalaureate Colleges ($28,330).

In 2020 the default rate for borrower's at Washington and Lee University was 0%, corresponding to 0 out of the 239 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2022, the median undergraduate tuition at Washington and Lee University is $60,590, which is $32,260 more than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $24,733.

In 2022, 63% of undergraduate students attending Washington and Lee University received financial aid through grants. Comparatively, 15% of undergraduate students received financial aid through loans.

Tuition Costs

$60,590

2022 Undergraduate Tuition

In 2022, the cost of tuition at Washington and Lee University was $60,590. The cost of tuition at Washington and Lee University is $32,260 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

This chart compares the tuition costs of Washington and Lee University (in red) with those of other similar universities.

Average Net Price

$24,733

2022 Value

5.1%

1 Year Growth

In 2022 Washington and Lee University had an average net price — the price paid after factoring in grants and loans — of $24,733. Between 2021 and 2022, the average net price of Washington and Lee University grew by 5.1%.

This chart compares the average net price of Washington and Lee University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$16,270

Room and Board

$2,250

Books and Supplies

The average yearly cost of room and board at Washington and Lee University was of $16,270 in 2022. The cost of room and board increased by 2.91% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $2,250. The cost of books and supplies increased by 1.35% during the same period.

This chart compares the average student costs at Washington and Lee University (in red) with that of similar universities.

Financial Aid by Income Level

63%

Undergraduates Receiving Financial Aid through Grants

15%

Undergraduates Receiving Financial Aid through Loans

63% of undergraduate students at Washington and Lee University received financial aid through grants or loans in 2022. This represents a growth of 1.61% with respect to 2021, when 62% of undergraduate students received financial aid.

This chart compares the average award discount at Washington and Lee University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Washington and Lee University was 0%, which represents 0 out of the 239 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Washington and Lee University received 7,224 undergraduate applications in 2022, which represents a 9.11% annual growth. Out of those 7,224 applicants, 1,225 students were accepted for enrollment, representing a 17% acceptance rate.

There were 2,243 students enrolled at Washington and Lee University in 2022. 28% of first-time enrollees submitted SAT scores with their applications.

Washington and Lee University has an overall enrollment yield of 38.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

17%

Acceptance Rate in 2022

1,225

Accepted Out of 7,224

In 2022, the undergraduate acceptance rate of Washington and Lee University was 17% (1,225 admissions from 7,224 applications). This is lower than the acceptance rate of 2021, which was 18.8%. Between 2021 and 2022, the number of applicants grew by 9.11%, while admissions declined by 1.84%.

This chart compares the acceptance rate of Washington and Lee University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

28%

Submission Percentage (2022)

133

Scores Submitted (2022)

28% of enrolled first-time students at Washington and Lee University in 2022 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Washington and Lee University had a total enrollment of 2,243 students in 2022. The full-time enrollment at Washington and Lee University is 2,235 students and the part-time enrollment is 8. This means that 99.6% of students enrolled at Washington and Lee University are enrolled full-time.

The enrolled student population at Washington and Lee University, both undergraduate and graduate, is 71.5% White, 7.8% Hispanic or Latino, 4.28% Asian, 4.28% Black or African American, 4.15% Two or More Races, 0.134% Native Hawaiian or Other Pacific Islanders, and 0.134% American Indian or Alaska Native.

Students enrolled at Washington and Lee University in full-time Undergraduate programs are most commonly White Female (36.5%), followed by White Male (35.7%) and Hispanic or Latino Female (4.2%). Students enrolled in full-time Graduate programs are most commonly White Male (36.4%), followed by White Female (31.6%) and Asian Female (3.99%).

Full-Time vs Part-Time Enrollment

99.6%

Full-Time Enrollment

The total enrollment at Washington and Lee University in 2022, both undergraduate and graduate, is 2,243 students. The full-time enrollment at Washington and Lee University is 2,235 and the part-time enrollment is 8. This means that 99.6% of students enrolled at Washington and Lee University are enrolled full-time compared with 79.6% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Washington and Lee University (in red) compares to similar universities.

Retention Rate over Time

98%

2022 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Washington and Lee University was 98%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Washington and Lee University had a retention rate higher than its peers.

This chart shows the retention rate over time at Washington and Lee University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
1,603 enrolled students
Hispanic or Latino
175 enrolled students
Asian
96 enrolled students

The enrolled student population at Washington and Lee University is 71.5% White, 7.8% Hispanic or Latino, 4.28% Asian, 4.28% Black or African American, 4.15% Two or More Races, 0.134% Native Hawaiian or Other Pacific Islanders, and 0.134% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 54.3% White, 13.8% Hispanic or Latino, and 13.1% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 46 students (2.05%) did not report their race.

Graduates

In 2022, 94 more women than men received degrees from Washington and Lee University. The most common race/ethnicity group of degree recipients at Washington and Lee University is white (529 degrees awarded). There were 15.1 times more white recipients than the next closest race/ethnicity group, asian (35 degrees).

The most common Professional Doctorate concentration at Washington and Lee University is Law (119 degrees awarded).

In 2022, the most specialized majors across all degree types at Washington and Lee University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Legal (119 degrees awarded), Language & Linguistics (35 degrees), and Social Sciences (148 degrees).

Common Jobs by Major

Lawyers, & judges, magistrates, & other judicial workers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Washington and Lee University are Lawyers, & judges, magistrates, & other judicial workers (435,174 people), Other managers (294,770 people), Elementary & middle school teachers (214,009 people), Postsecondary teachers (190,613 people), and Secondary school teachers (158,031 people).

The most specialized majors at Washington and Lee University in 2022 are Legal (119 degrees awarded), Language & Linguistics (35 degrees), Social Sciences (148 degrees), History (19 degrees), and Math & Statistics (26 degrees) (as of 2022).

Highest Paying Jobs by Major

Diagnostic medical sonographers

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Washington and Lee University are Diagnostic medical sonographers, Surgeons, Magnetic resonance imaging technologists, Nuclear medicine technologists and medical dosimetrists, and Physicians

The most specialized majors at Washington and Lee University are Legal (119 degrees awarded), Language & Linguistics (35 degrees), Social Sciences (148 degrees), History (19 degrees), and Math & Statistics (26 degrees) (as of 2022).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Washington and Lee University are Elementary & secondary schools (541,008 people), Colleges, universities & professional schools, including junior colleges (385,956 people), Legal services (351,880 people), Computer Systems Design (266,129 people), and Justice, public order, & safety activities (208,144 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Washington and Lee University.

Most Common (2022)

General Business Administration & Management
94 degrees awarded
General Economics
69 degrees awarded
General Political Science & Government
69 degrees awarded

In 2022, the most common bachelors degree concentration at Washington and Lee University was General Business Administration & Management with 94 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Washington and Lee University according to their major.

Sex Breakdown for Common Majors

303

Degrees Awarded to Men

in 2022

397

Degrees Awarded to Women

in 2022

In 2022, 303 degrees were awarded to men at Washington and Lee University, which is 0.763 times less than the number of degrees awarded to females (397).

This chart displays the sex disparity between the top 5 majors at Washington and Lee University by degrees awarded.

Most Common Male Majors

In 2022, 57 degrees were awarded to men at Washington and Lee University in Law, which is 0.919 times less than the 62 female recipients with that same degree.

Most Common Female Majors

In 2022, 62 degrees were awarded to men at Washington and Lee University in Law, which is 1.09 times more than the 57 male recipients with that same degree.

Time to Complete

91%

100% Completion Time

93%

150% Completion Time

In 2022, 91% of students graduating from Washington and Lee University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 93% completed their degrees within 150% of the normal time, and 93% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Black or African American Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Washington and Lee University is Male and Black or African American (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (73.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 1.14% of graduates (5 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
529 degrees awarded
Asian
35 degrees awarded
Hispanic or Latino
34 degrees awarded

The most common race/ethnicity at Washington and Lee University is white (529 degrees awarded). There were 15.1 times more white recipients than the next closest race/ethnicity group, asian (35 degrees).

2.71% of degree recipients (19 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
280 degrees awarded
White Male
249 degrees awarded
Asian Female
25 degrees awarded

The most common race/ethnicity and sex grouping at Washington and Lee University is white female (280 degrees awarded). There were 1.12 times more white female recipients than the next closest race/ethnicity group, white male (249 degrees).

Operations

Washington and Lee University has an endowment valued at nearly $2B, as of the end of the 2022 fiscal year. The return on its endowment was of −38.9M (−1.95%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Washington and Lee University had a total salary expenditure of 183M. Washington and Lee University employs 104 Professors, 88 Assistant professors and 50 Associate professors. Most academics at Washington and Lee University are Male Professor (68), Female Assistant professor (51), and Male Assistant professor (37).

The most common positions for non-instructional staff at Washington and Lee University are: Service, with 191 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 131 employees, and Office and Administrative Support with 105 employees.

Endowment

$2B

2022 Endowment

4.5%

decline from 2021

Washington and Lee University has an endowment valued at about $2B, as of the end of the 2022 fiscal year. The endowment of Washington and Lee University declined 4.5% from the previous year. The value of their endowment was $1.95B higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Washington and Lee University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Arts & Sciences Focus Carnegie Classification grouping.

Salary Expenditure

$83.6M

2022 Salaries

2.48%

growth from 2021

In 2022, Washington and Lee University paid a median of $83.6M in salaries, which represents 45.7% of their overall expenditure ($183M) and a 2.48% growth from the previous year. This is compared to a 0.988% growth between 2020 and 2021, and a 3.16% growth between 2019 and 2020.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$32.3M

Instructional Salaries

263

Number of Employees

In 2022, Washington and Lee University paid a total of $32.3M to 263 employees working as instructors, which represents 38.6% of all salaries paid.

This is compared to a median of $5.04M (32.1%) for similar Baccalaureate Colleges.

Occupations by Share

Professor

Most Common Instructor

104 Employees

Service

Most Common Non-Instructional Employee

191 Employees

In 2022, the most common positions for instructional staff at Washington and Lee University were Professor with 104 employees, Assistant professor with 88 employees, and Associate professor with 50 employees.

In 2022, the most common positions for non-instructional staff at Washington and Lee University were Service with 191 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 131 employees, and Office and Administrative Support with 105 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Professor
Female Assistant professor
Male Assistant professor

In 2022, the most common demographic for instructional staff at Washington and Lee University was Male Professor with 68 employees, Female Assistant professor with 51 employees, and Male Assistant professor with 37 employees.

This chart shows the sex split between each academic rank present at Washington and Lee University.

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