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Washington and Lee University: Pavilion tent Washington and Lee University Lexington VA April 2023 02
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Liberal arts college

#10 Lowest net price for middle-income families in America

Washington and Lee University

Lexington, VA · Private nonprofit · 4-year

Your real cost

Average price after aid $23,781 a year

Median debt at graduation: $19,500 (all students)

Estimate your own price · the college’s net price calculator

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Rankings

Where this college places on our top lists. Lists are worked out from official data and our own research; places in the top quarter of each list are shown. See every list

In America

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In Virginia

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Academic Excellence

A+Academic Excellence: A+ (grade A+): 0 to 100 points out of 100, from federal data.
Exceptional · Top 1%
From federal data, on fixed published scales.

Each measure counts for the share shown.

  • Graduation rate 35% of scoreThis measure counts for 35% of the Academic Excellence score.94%
  • First-year retention 20% of scoreThis measure counts for 20% of the Academic Excellence score.97%
  • Entering students' test scores 15% of scoreThis measure counts for 15% of the Academic Excellence score.SAT 1,498 · ACT 33.5
  • Student-to-faculty ratio 15% of scoreThis measure counts for 15% of the Academic Excellence score.7 to 1
  • Instructional spending per student 15% of scoreThis measure counts for 15% of the Academic Excellence score.$40,378

Bars show points on each measure’s scale. How Academic Excellence is computed.

Source: College Scorecard (College Scorecard, most recent cohorts (data release 06/10/2026))

What families pay, by income

Average yearly price after grants and scholarships, for students who receive federal aid.

Average net price by family income
Family incomePrice after aid
Up to $30,000$0 or less
$30,001–$48,000$75
$48,001–$75,000$4,497
$75,001–$110,000$8,162
Over $110,000$40,646

Full cost of attendance before aid: $87,000 a year.

Use the college’s net price calculator for your own estimate.

Cost and value

Federal data: what families pay after aid, what graduates earn, and what they owe.

Value and outcomes
Undergraduate students
Fall enrollment (IPEDS)
1,898
Men and women
College Scorecard, fall 2023
Men 49% · Women 51%
First-year students from another state
IPEDS, fall 2023
82%
Total students2,277
Average net price (per year)
After grants and scholarships, for students receiving federal aid
$23,781
Cost of attendance (per year)$87,000
Median federal debt at graduation$19,500
Graduation rate
First-time, full-time students finishing within 150% of normal time
94%
Borrowers paying down their loans within 3 years
College Scorecard, within 3 years
88%
First-year retention97%
Median earnings 10 years after entry$94,810
Admission rate14%
Application fee
IPEDS, 2023–24
$60
Students receiving Pell grants11%
Admitted students’ middle range:SAT 1430–1540ACT 33–34
Admission test scores (middle 50% of admitted students who submitted scores)
Average SAT1498
SAT reading & writing710–760
SAT math720–780
ACT composite33–34
Test policyConsidered but not required

Value: Very good · Top 21% (how it’s computed)

Sources: College Scorecard · IPEDS College Navigator · Net price calculator
College Scorecard, most recent cohorts (data release 06/10/2026); IPEDS 2024-25 directory and institutional characteristics; fall 2023 enrollment.

Earnings by major

Median earnings of bachelor’s graduates a few years after finishing, by major (College Scorecard).

Median earnings by major
MajorMedian earnings
Business administration$121,699
Accounting$118,946
Economics$115,837
History$100,087
Political science$95,190

Also offered (no earnings published yet): Area studies, Biochemistry, Biology, Chemistry, Classics, Computer science, East Asian Languages, Literatures, and Linguistics, Engineering (general), Engineering Physics, Engineering Science, English, Experimental psychology, Fine arts, Geology and earth science, German, Interdisciplinary studies, Journalism, Mathematics, Medieval and Renaissance Studies, Music, Natural resources and conservation, Neuroscience, Philosophy, Physics, Public relations, Religious studies, Romance languages, Sociology and Anthropology, Theatre.

What students study most

Share of bachelor’s degrees by field, first majors in 2023–24 (IPEDS).

Most common bachelor’s fields
FieldShare of degrees
Business32%
Social sciences15%
Biology10%
Psychology9%
Physical sciences5%

Campus life

School colors
SettingTown
Part-time undergraduates0%
Undergraduates aged 25 and older1%
On-campus room and board (per year)$18,685
SportsNCAA Division III · Old Dominion Athletic Conference
ROTCArmy · Air Force
Study abroadOffered
Students per faculty member7 to 1
Faculty who are full-time88%College Scorecard, fall 2023
Endowment per student$869,556IPEDS, 2023, per student
Dorm spaceFor about 78% of studentsBeds ÷ undergraduates; not how many live on campus
Nearest major airportRichmond International Airport (RIC)About 118 miles away
Closer regional airportLynchburg Regional Airport - Preston Glenn Field (LYH)About 35 miles away
Town population7,525Census, 2020–2024
Nearest city of 250,000 people or moreGreensboroAbout 119 miles away
Typical weather34°F in January · 75°F in JulyNOAA, 1991–2020, from Lexington, VA

Federal data (IPEDS and College Scorecard), except school colors.

Campus safety reports

On-campus crimes reported in 2024, per 1,000 students.

On-campus crimes per 1,000 students
CategoryThis campusU.S. rate
Rape1.340.07
Robbery0.000.01
Aggravated assault0.000.04
Burglary0.450.08
Motor vehicle theft0.450.15

Numbers reflect what each campus reported. They differ with campus size and how reporting is done, so compare with care. U.S. rate: total reported offenses divided by total students at every institution in the report.

Source: Official data: U.S. Department of Education

Questions families ask

What is Washington and Lee University’s Compass Score?
Exceptional (grade A+). It ranks in the top 2% of rated colleges. The grade comes from outcomes (40%: graduation, retention and earnings), entering students (40%: test scores and selectivity), cost (15%: debt and price after aid) and teaching (5%: class size), all from federal data.
How much does Washington and Lee University cost after financial aid?
The average net price is $23,781 a year for students who receive federal aid, after grants and scholarships. What your family pays depends on income; the college’s net price calculator gives your own estimate.
How hard is it to get into Washington and Lee University?
Washington and Lee University admitted 14% of applicants in the most recent federal data.
How do Washington and Lee University’s graduates do?
94% of first-time, full-time students graduate within six years; the median earnings of former students ten years after entry are $94,810; the median federal debt at graduation is $19,500.

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About this school’s data
  • IPEDS unit ID 234207
  • Carnegie classification: Baccalaureate college (arts & sciences)
  • Accreditation: Southern Association of Colleges and Schools Commission on Colleges d.b.a. Commission on Colleges and Universities (U.S. Department of Education DAPIP)
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