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17.0%Acceptance
$64,525Tuition
1,884Students
95%Grad Rate (6-yr)
$94,810Earnings
#7 in VirginiaPrivate nonprofit4-yearSAT/ACT Test OptionalLiberal ArtsNCAA Division IIIStudy AbroadData: 2023-24

Cost Details

In-State Tuition
$64,525
Out-of-State Tuition
$64,525
Average Net Price
$23,911
Students Receiving Financial Aid
11.1%
Room & Board (On Campus)
$17,685
Books & Supplies
$2,290
Total Cost of Attendance
$84,500
Median Debt at Graduation
$19,500
Estimated Monthly Loan Payment
$207/mo
Loan Repayment Rate
87.9%
Students Taking Federal Loans
15.1%
Pell Grant Recipients
11.1%

Net Price by Family Income

Average annual net price after grants and scholarships. Source: U.S. Department of Education

Net price by family income bracket
Family Income Average Net Price
$0 – $30,000 $76
$30,001 – $48,000 $887
$48,001 – $75,000 $6,983
$75,001 – $110,000 $9,222
$110,001+ $42,745

Cost Estimator

Family Income
Residency
Housing

Cost Overview

Most Washington and Lee families pay far less than the $84,500 sticker price. The average net price drops to $23,911 after aid. Low-income families pay almost nothing, with those earning under $30,000 paying just $76 annually. Families making $30,000-$48,000 pay $887 per year. Even middle-class families earning $75,000-$110,000 pay only $9,222. Over four years, that's under $37,000 total for most middle-income families.

Only 15% of graduates carry federal loans, with typical debt at $19,500. Monthly payments average $207, easily manageable against the $94,810 median salary ten years out. The school's generous aid comes from its massive endowment and wealthy alumni network. Best deal goes to middle-class families who qualify for substantial need-based aid but still have decent family income. High earners pay closer to full price at $42,745 annually.

Official Net Price Calculator

Get a personalized cost estimate from Washington and Lee University:

Visit Official Net Price Calculator

This links to the school's federally-required net price calculator for a personalized estimate.