Washington and Lee University

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2017 Undergraduate Tuition

$49,170

4% growth from 2016

2017 Average Net Price

$25,029

After Financial Aid

2016 Student Loan

1.34%

Default Rate

2017 Acceptance Rate

22%

5,455 Applicants

2017 Enrolled Students

2,220

99.8% Full-Time

2017 Graduation Rate

91.9%

453 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 (104 degrees awarded), Accounting & Business Management (57 degrees), and General Political Science & Government (54 degrees).

In 2017, 708 degrees were awarded across all undergraduate and graduate programs at Washington and Lee University. 48% of these degrees were awarded to women, and 52% awarded men. The majority of degree recipients were white (567 degrees), 16.2 times more than then the next closest race/ethnicity group, hispanic or latino (35 degrees).

The median undergraduate tuition at Washington and Lee University is $49,170, which is $23,976 more than the national average for Baccalaureate Colleges ($25,194).

Costs

The median undergraduate tuition at Washington and Lee University is $49,170, which is $23,976 more than the national average for Baccalaureate Colleges ($25,194).

After taking grants and loans into account, the average net price for students is $25,029.

In 2017, 57% of undergraduate students received federal grants, while 22% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$49,170

2017 Undergraduate Tuition

In 2017, the cost of tuition at Washington and Lee University was $49,170. The cost of tuition at Washington and Lee University is $23,976 more than than the overall (public and private) national average for Baccalaureate Colleges ($25,194).

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

$25,029

2017 Value

4.87%

1 Year Growth

In 2017 Washington and Lee University had an average net price — the price paid after factoring in grants and loans — of $25,029. Between 2016 and 2017, the average net price of Washington and Lee University grew by 4.87%.

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

$12,580

Room and Board

$1,800

Books and Supplies

The average yearly cost of room and board at Washington and Lee University was of $12,580 in 2017. During the same period, the average yearly cost of books and supplies was $1,800. The cost of room and board increased by 3.96% between 2016 and 2017. 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

22%

Of Undergraduates Receive Federal Loans

57% of undergraduate students at Washington and Lee University received grants or loans in 2017. This represents a growth of 0% with respect to 2016, when 57% 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.

1.34%

2016 Default Rate

4

Number of Defaults

In 2016 the default rate for borrower's at Washington and Lee University was 1.34%, which represents 4 out of the 299 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 5,455 undergraduate applications in 2017, which represents a 6.94% annual growth. Out of those 5,455 applicants, 1,200 students were accepted for enrollment, representing a 22% acceptance rate.

There were 2,220 students enrolled at Washington and Lee University in 2017, and 35% of first-time enrollees submitted SAT scores with their applications.

Washington and Lee University has an overall enrollment yield of 39.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

22%

Acceptance Rate in 2017

1,200

Accepted Out of 5,455

In 2017, the undergraduate acceptance rate of Washington and Lee University was 22% (1,200 admissions from 5,455 applications). This is lower than the acceptance rate of 2016, which was 23.6%. Between 2016 and 2017, the number of applicants grew by 6.94%, while admissions declined by -0.249%.

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

35%

Submission Percentage

165

Scores Submitted

35% of enrolled first-time students at Washington and Lee University in 2017 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 2,220 students. The full-time enrollment at Washington and Lee University is 2,216 students and the part-time enrollment is 4. This means that 99.8% 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 80.3% White, 4.64% Hispanic or Latino, 3.51% Asian, 3.06% Two or More Races, 2.48% Black or African American, 0.0901% American Indian or Alaska Native, and 0.045% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Washington and Lee University in full-time Undergraduate programs are majority White Male (44.2%), followed by White Female (38.3%) and Hispanic or Latino Female (2.58%). Students enrolled in full-time Graduate programs are majority White Male (37.7%), followed by White Female (32.6%) and Hispanic or Latino Male (3.31%).

Full-Time vs Part-Time Enrollment

99.8%

Full-Time Enrollment

The total enrollment at Washington and Lee University, both undergraduate and graduate, is 2,220 students. The full-time enrollment at Washington and Lee University is 2,216 and the part-time enrollment is 4. This means that 99.8% of students enrolled at Washington and Lee University are enrolled full-time compared with 80.6% 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.

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Retention Rate over Time

97%

2017 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 97%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), 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

    1,783

  2. Hispanic or Latino

    103

  3. Asian

    78

The enrolled student population at Washington and Lee University is 80.3% White, 4.64% Hispanic or Latino, 3.51% Asian, 3.06% Two or More Races, 2.48% Black or African American, 0.0901% American Indian or Alaska Native, and 0.045% 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 54.9% White, 14% Black or African American, and 12.6% 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, 50 students (2.25%) did not report their race.

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Graduates

In 2017, 28 fewer 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 16.2 times more white graduates than the next closest race/ethnicity group, hispanic or latino (35 degrees).

The most common Bachelor's Degree concentration at Washington and Lee University is General Business Administration & Management (104 degrees awarded), followed by Accounting & Business Management (57 degrees) and General Political Science & Government (54 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 Language & Linguistics (57 degrees awarded), Legal (99 degrees), and Philosophy and Religious Studies (13 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 Lawyers, & judges, magistrates, & other judicial workers (426,189 people), Other managers (247,259 people), Elementary & middle school teachers (242,205 people), Postsecondary teachers (153,244 people), and Chief executives & legislators (111,963 people).

The most specialized majors at Washington and Lee University are Language & Linguistics (57 degrees awarded), Legal (99 degrees), Philosophy and Religious Studies (13 degrees), History (22 degrees), and Social Sciences (120 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Washington and Lee University are Nuclear medicine technologists and medical dosimetrists, Surgeons, Cardiovascular technologists and technicians, Dentists, and Securities, commodities, & financial services sales agents

The most specialized majors at Washington and Lee University are Language & Linguistics (57 degrees awarded), Legal (99 degrees), Philosophy and Religious Studies (13 degrees), History (22 degrees), and Social Sciences (120 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 (454,666 people), Legal services (343,771 people), Colleges, universities & professional schools, including junior colleges (334,148 people), Justice, public order, & safety activities (200,315 people), and Computer Systems Design (169,021 people).

The most specialized majors at Washington and Lee University are Language & Linguistics (57 degrees awarded), Legal (99 degrees), Philosophy and Religious Studies (13 degrees), History (22 degrees), and Social Sciences (120 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.

In 2017, the most common bachelors degree concentration at Washington and Lee University was General Business Administration & Management with 104 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. 368

  2. 340

In 2017, 368 degrees were awarded to men at Washington and Lee University, which is 1.08 times more than the number of degrees awarded to females (340).

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 2017, 61 degrees were awarded to men at Washington and Lee University in General Business Administration & Management, which is 1.42 times more than the 43 female recipients with that same degree.

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Most Common Female Majors

In 2017, 46 degrees were awarded to women at Washington and Lee University in Law, which is 0.868 times less than the 53 male recipients with that same degree.

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Time to Complete

88%

100% Completion Time

91%

150% Completion Time

In 2017, 88% 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, 91% completed their degrees within 150% of the normal time, and 91% 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 (68.1%).

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, 1.55% of graduates (7 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

    35 degrees awarded

  3. Asian

    27 degrees awarded

The most common race/ethnicity at Washington and Lee University is white (567 degrees awarded). There were 16.2 times more white recipients than the next closest race/ethnicity group, hispanic or latino (35 degrees).

1.98% of degree recipients (14 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    303 degrees awarded

  2. White Female

    264 degrees awarded

  3. Hispanic or Latino Male

    20 degrees awarded

The most common race/ethnicity and gender grouping at Washington and Lee University is white male (303 degrees awarded). There were 1.15 times more white male recipients than the next closest race/ethnicity group, white female (264 degrees).

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Operations

Washington and Lee University has an endowment valued at nearly $1.55B, as of the end of the 2017 fiscal year. The return on its endowment was of $128M (8.25%), compared to the 7.76% average return ($2.88M on $37.1M) across all Baccalaureate Colleges.

In 2017, Washington and Lee University had a total salary expenditure of $161M. Washington and Lee University employs 116 Professors, 63 Assistant professors, and 59 Associate professors. Most academics at Washington and Lee University are Male Professors (84), Male Assistant professors(39), and Female Professors (32).

The most common positions for non-instructional staff at Washington and Lee University are: Service, with 173 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 110 employees, and Office and Administrative Support with 108 employees.

Finances

Endowment

$1.55B

2017 Endowment

5.07%

growth from 2016

Washington and Lee University has an endowment valued at about $1.55B, as of the end of the 2017 fiscal year. The endowment of Washington and Lee University grew 5.07% from the previous year. The value of their endowment was $1.51B 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. $183k - Federal

  2. $0 - State

  3. $0 - Local

As of 2017, Washington and Lee University received $183k 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

Salary Expenditure

$73.4M

2017 Salaries

3.46%

growth from 2016

In 2017, Washington and Lee University paid a median of $73.4M in salaries, which represents 45.6% of their overall expenditure ($161M) and a 3.46% growth from the previous year. This is compared to a 2.11% growth from 2015 and a 2.97% growth from 2014.

The median for similar Baccalaureate Colleges is 14.2M (38.9% of overall expenditures).

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Instructional Salaries

$29.1M

Instructional Salaries

247

Number of Employees

In 2017, Washington and Lee University paid a total of $29.1M to 247 employees working as instructors, which represents 39.6% of all salaries paid.

This is compared to a median of $8.01M (34.6%) for similar Baccalaureate Colleges: Arts & Sciences Focus.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

116 Employees

Service

Most Common Non-Instructional Employee

173 Employees

In 2017, the most common positions for instructional staff at Washington and Lee University were Professor with 116 employees; Assistant professor with 63 employees; and Assistant professor with 59 employees.

In 2017, the most common positions for non-instructional staff at Washington and Lee University were Service with 173 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 110 employees; and Office and Administrative Support with 108 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Male Assistant professor

  3. Female Professor

In 2017, the most common demographic for instructional staff at Washington and Lee University was Male Professor with 84 employees, Male Assistant professor with 39 employees, and Female Professor with 32 employees.

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

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