Washington and Lee University

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2016 Undergraduate Tuition

$47,280

4% growth from 2015

2016 Average Net Price

$23,867

After Financial Aid

2015 Student Loan

1.08%

Default Rate

2016 Acceptance Rate

23.6%

5,101 Applicants

2016 Enrolled Students

2,160

99.7% Full-Time

2016 Graduation Rate

91.7%

431 Graduates

About

Washington and Lee University is a higher education institution located in Lexington city, VA. In 2016, the most popular Bachelor's Degree concentrations at Washington and Lee University were General Business Administration & Management (64 degrees awarded), Accounting & Business Management (56 degrees), and General Economics (55 degrees).

In 2016, 716 degrees were awarded across all undergraduate and graduate programs at Washington and Lee University. 50.8% of these degrees were awarded to women, and 49.2% awarded men. The majority of degree recipients were white (567 degrees), 18.3 times more than then the next closest race/ethnicity group, hispanic or latino (31 degrees).

The median undergraduate tuition at Washington and Lee University is $47,280, which is $22,865 more than the national average for Baccalaureate Colleges ($24,415).

Costs

The median undergraduate tuition at Washington and Lee University is $47,280, which is $22,865 more than the national average for Baccalaureate Colleges ($24,415).

After taking grants and loans into account, the average net price for students is $23,867.

In 2016, 57% of undergraduate students received federal grants, while 20% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$47,280

2016 Undergraduate Tuition

In 2016, the cost of tuition at Washington and Lee University was $47,280. The cost of tuition at Washington and Lee University is $22,865 more than than the overall (public and private) national average for Baccalaureate Colleges ($24,415).

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

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Average Net Price

$23,867

2016 Value

11.6%

1 Year Growth

In 2016 Washington and Lee University had an average net price — the price paid after factoring in grants and loans — of $23,867. Between 2015 and 2016, the average net price of Washington and Lee University grew by 11.6%.

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.

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Other Student Expenses

$12,101

Room and Board

$1,800

Books and Supplies

The average yearly cost of room and board at Washington and Lee University was of $12,101 in 2016. During the same period, the average yearly cost of books and supplies was $1,800. The cost of room and board increased by 1.94% between 2015 and 2016. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

57%

Of Undergraduates Receive Grants

20%

Of Undergraduates Receive Federal Loans

57% of undergraduate students at Washington and Lee University received grants or loans in 2016. This represents a decline of 3.39% with respect to 2015, when 59% 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.

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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.

1.08%

2015 Default Rate

3

Number of Defaults

In 2015 the default rate for borrower's at Washington and Lee University was 1.08%, which represents 3 out of the 278 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.

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Admissions

Washington and Lee University received 5,101 undergraduate applications in 2016, which represents a 5.13% annual decline. Out of those 5,101 applicants, 1,203 students were accepted for enrollment, representing a 23.6% acceptance rate.

There were 2,160 students enrolled at Washington and Lee University in 2016, and 37% of first-time enrollees submitted SAT scores with their applications.

Washington and Lee University has an overall enrollment yield of 38.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

23.6%

Acceptance Rate in 2016

1,203

Accepted Out of 5,101

In 2016, the undergraduate acceptance rate of Washington and Lee University was 23.6% (1,203 admissions from 5,101 applications). This is lower than the acceptance rate of 2015, which was 23.9%. Between 2015 and 2016, the number of applicants declined by -5.13%, while admissions declined by -6.31%.

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

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SAT Scores

37%

Submission Percentage

173

Scores Submitted

37% of enrolled first-time students at Washington and Lee University in 2016 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Washington and Lee University has a total enrollment of 2,160 students. The full-time enrollment at Washington and Lee University is 2,154 students and the part-time enrollment is 6. This means that 99.7% 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 80.9% White, 4.35% Hispanic or Latino, 3.29% Two or More Races, 3.06% Asian, 2.36% Black or African American, 0.0926% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Washington and Lee University in full-time Undergraduate programs are majority White Male (44.4%), followed by White Female (38.5%) and Two or More Races Female (2.08%). Students enrolled in full-time Graduate programs are majority White Male (39.7%), followed by White Female (30.3%) and Hispanic or Latino Male (4.85%).

Full-Time vs Part-Time Enrollment

99.7%

Full-Time Enrollment

The total enrollment at Washington and Lee University, both undergraduate and graduate, is 2,160 students. The full-time enrollment at Washington and Lee University is 2,154 and the part-time enrollment is 6. This means that 99.7% of students enrolled at Washington and Lee University are enrolled full-time compared with 81% 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.

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Retention Rate over Time

95%

2016 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 95%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    1,747

  2. Hispanic or Latino

    94

  3. Two or More Races

    71

The enrolled student population at Washington and Lee University is 80.9% White, 4.35% Hispanic or Latino, 3.29% Two or More Races, 3.06% Asian, 2.36% Black or African American, 0.0926% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 55.6% White, 14% Black or African American, and 12.4% Hispanic or Latino.

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, 43 students (1.99%) did not report their race.

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Graduates

In 2016, 12 more women than men received degrees from Washington and Lee University. The majority of degree recipients at Washington and Lee University are white (567 degrees awarded). There were 18.3 times more white graduates than the next closest race/ethnicity group, hispanic or latino (31 degrees).

The most common Bachelor's Degree concentration at Washington and Lee University is General Business Administration & Management (64 degrees awarded), followed by Accounting & Business Management (56 degrees) and General Economics (55 degrees).

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 Philosophy and Religious Studies (29 degrees awarded), Language & Linguistics (51 degrees), and Legal (93 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Washington and Lee University are Elementary & middle school teachers (172,573 people), Lawyers, & judges, magistrates, & other judicial workers (137,636 people), Postsecondary teachers (124,569 people), Miscellaneous managers (109,782 people), and Secondary school teachers (71,794 people).

The most specialized majors at Washington and Lee University are Philosophy and Religious Studies (29 degrees awarded), Language & Linguistics (51 degrees), Legal (93 degrees), History (33 degrees), and Math & Statistics (32 degrees).

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Highest Paying Jobs by Major

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 Physicians & surgeons, Real estate brokers & sales agents, Sales representatives, wholesale & manufacturing, Securities, commodities, & financial services sales agents, and Credit counselors & loan officers

The most specialized majors at Washington and Lee University are Philosophy and Religious Studies (29 degrees awarded), Language & Linguistics (51 degrees), Legal (93 degrees), History (33 degrees), and Math & Statistics (32 degrees).

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Common Industries by Major

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 (313,713 people), Colleges, universities & professional schools, including junior colleges (215,181 people), Legal services (127,081 people), Computer Systems Design (103,196 people), and Insurance carriers & related activities (84,324 people).

The most specialized majors at Washington and Lee University are Philosophy and Religious Studies (29 degrees awarded), Language & Linguistics (51 degrees), Legal (93 degrees), History (33 degrees), and Math & Statistics (32 degrees).

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Degrees

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

  1. 64 degrees awarded

  2. 56 degrees awarded

  3. 55 degrees awarded

In 2016, the most common bachelors degree concentration at Washington and Lee University was General Business Administration & Management with 64 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 352

  2. 364

In 2016, 352 degrees were awarded to men at Washington and Lee University, which is 0.967 times less than the number of degrees awarded to females (364).

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

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Most Common Male Majors

In 2016, 50 degrees were awarded to men at Washington and Lee University in Law, which is 1.16 times more than the 43 female recipients with that same degree.

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Most Common Female Majors

In 2016, 43 degrees were awarded to women at Washington and Lee University in Law, which is 0.86 times less than the 50 male recipients with that same degree.

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Time to Complete

85%

100% Completion Time

88%

150% Completion Time

In 2016, 85% 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, 88% completed their degrees within 150% of the normal time, and 88% 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Washington and Lee University is Female and Asian (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (67.2%).

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, 0% of graduates (0 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    567 degrees awarded

  2. Hispanic or Latino

    31 degrees awarded

  3. Asian

    28 degrees awarded

The most common race/ethnicity at Washington and Lee University is white (567 degrees awarded). There were 18.3 times more white recipients than the next closest race/ethnicity group, hispanic or latino (31 degrees).

1.82% of degree recipients (13 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    296 degrees awarded

  2. White Male

    271 degrees awarded

  3. Hispanic or Latino Female

    20 degrees awarded

The most common race/ethnicity and gender grouping at Washington and Lee University is white female (296 degrees awarded). There were 1.09 times more white female recipients than the next closest race/ethnicity group, white male (271 degrees).

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Operations

Washington and Lee University has an endowment valued at nearly $1.47B, as of the end of the 2015 fiscal year. The return on its endowment was of $28.7M (1.95%), compared to the 2.13% average return ($717k on $33.6M) across all Baccalaureate Colleges.

In 2015, Washington and Lee University had a total expenditure of $150M. Of that $150M, they spent $69.5M on salaries and $150M on benefits.

Washington and Lee University employs 112 Professors, 63 Assistant professors, and 61 Associate professors. Most academics at Washington and Lee University are Male Professors (82), Male Assistant professors(37), and Male Associate professors (31).

The most common positions for non-instructional staff at Washington and Lee University are: Service, with 150 employees, Office and Administrative Support, with 108 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 94 employees.

Finances

Endowment

$1.47B

2015 Endowment

0.45%

decline from 2014

Washington and Lee University has an endowment valued at about $1.47B, as of the end of the 2015 fiscal year. The endowment of Washington and Lee University declined 0.45% from the previous year. The value of their endowment was $1.44B 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.

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Government Grants and Contracts

Grants & Contracts

  1. $392k - Federal

  2. $0 - State

  3. $0 - Local

As of 2015, Washington and Lee University received $392k in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$69.5M

Salary Expenditure

$150M

Benefits Expenditure

In 2015, Washington and Lee University had a total expenditure of $150M. Of that $150M, they spent $69.5M on salaries and $150M on benefits.

The bar chart shows the share of the primary expenses at Washington and Lee University over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Baccalaureate Colleges Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Washington and Lee University as a share of total expenditure.

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Salary Expenditure

$69.5M

2015 Salaries

2.97%

growth from 2014

In 2015, Washington and Lee University paid a median of $69.5M in salaries, which represents 46.4% of their overall expenditure ($150M) and a 2.97% growth from the previous year. This is compared to a 4.32% growth from 2013 and a 3.39% growth from 2012.

The median for similar Baccalaureate Colleges is 13.3M (38.4% of overall expenditures).

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Instructional Salaries

$28.3M

Instructional Salaries

249

Number of Employees

In 2015, Washington and Lee University paid a total of $28.3M to 249 employees working as instructors, which represents 40.7% of all salaries paid.

This is compared to a median of $4.52M (34%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

112 Employees

Service

Most Common Non-Instructional Employee

150 Employees

In 2016, the most common positions for instructional staff at Washington and Lee University were Professor with 112 employees; Assistant professor with 63 employees; and Assistant professor with 61 employees.

In 2016, the most common positions for non-instructional staff at Washington and Lee University were Service with 150 employees; Office and Administrative Support with 108 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 94 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Male Assistant professor

  3. Male Associate professor

In 2016, the most common demographic for instructional staff at Washington and Lee University was Male Professor with 82 employees, Male Assistant professor with 37 employees, and Male Associate professor with 31 employees.

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

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