Washington and Lee University

Lexington, Virginia

Private Nonprofit Town: Distant

Washington and Lee University is a private nonprofit institution in Lexington, Virginia enrolling 1,881 students, according to the U.S. Department of Education College Scorecard. The acceptance rate is 14.0% with an average SAT of 1,498. Graduates earn a median of $94,810 ten years after enrollment, based on U.S. Treasury tax records linked to federal financial aid data. The average net price after financial aid is $23,781. This profile includes admissions data, graduation rates, program-level earnings, and cost breakdowns to help students compare colleges using official federal data.

What the IPEDS & College Scorecard Data Shows for Washington and Lee University

Washington and Lee University operates as a private nonprofit institution located in Lexington, Virginia (town: distant), with a total reported enrollment of 1,881 students of which 1,903 are undergraduates. Institution-level records in the Integrated Postsecondary Education Data System (IPEDS) classify each school by Carnegie category, ownership sector, and urban/rural locale, which is how this profile’s peer group and cost cohort are determined. Washington and Lee University is categorized as “21” under the Carnegie classification system, a meaningful signal when comparing like-to-like institutions.

Selectivity and financial signals give context to what applicants can expect. The reported admission rate is 14.0%, drawn from the most recent IPEDS Fall enrollment survey, with an average SAT of 1,498 and an ACT midpoint of 34. The average net price after grants and scholarships is $23,781, with published in-state tuition of $68,045 and a Pell grant recipient share of 11.3%. Median federal student debt at graduation is $19,500, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. The 4-year completion rate is 94.4%, and the first-year retention rate is 96.6%. Graduates earn a median of $94,810 ten years after enrolling, compared with $76,516 six years post-enrollment. Within three years of entering repayment, 23200.0% of borrowers are making progress on their federal loans, and 82.8% of graduates earn above the high-school threshold. Treating these numbers as a single snapshot alongside the cost cohort is the standard approach for evaluating ROI under the College Scorecard methodology.

Quick Facts

1,881
Total enrollment
14.0%
Acceptance rate
1,498
SAT average
94.4%
4-yr graduation rate
$94,810
10-yr median earnings
96.6%
First-year retention

Admissions

Admission Rate 14.0%
SAT Average 1,498
SAT Math (25th-75th) 720 – 780
SAT Reading (25th-75th) 710 – 760
ACT Average 34
ACT (25th-75th) 33 – 34

Costs & Financial Aid

Tuition & Net Price

In-State Tuition $68,045
Out-of-State Tuition $68,045
Average Net Price $23,781

Net Price by Family Income

$0 – $30,000 $-1,777
$30,001 – $48,000 $75
$48,001 – $75,000 $4,497
Over $110,000 $40,646
11.3%
Pell Grant Rate
14.5%
Federal Loan Rate
$19,500
Median Debt
$207/mo
Monthly Payment

Student Demographics

White 68.0%
African American 4.6%
Hispanic or Latino 8.6%
Asian 4.7%
American Indian or Alaska Native 0.2%
Pacific Islander 0.2%
Two or More Ethnicities 4.4%
International 8.2%
44.0%
Female

Outcomes

94.4%
4-Year Completion Rate
96.6%
Retention Rate
$76,516
Median Earnings (6yr)
$94,810
Median Earnings (10yr)
82.8%
Earning Over $25K
23200.0%
Loan Repayment (3yr)

Programs & Earnings

Program Credential Completers Median Earnings Median Debt
Business Administration, Management and Operations Bachelor's 94 $121,699
Accounting and Related Services Bachelor's 37 $118,946 $16,750
Economics Bachelor's 69 $115,837 $23,399
Law First Professional 119 $110,606 $97,335
History Bachelor's 19 $100,087
Political Science and Government Bachelor's 69 $95,190
Computer Science Bachelor's 15 $91,744
Mathematics Bachelor's 26 $76,460
Journalism Bachelor's 10 $42,682
English Language and Literature, General Bachelor's 26 $37,593

Frequently Asked Questions

What are the admissions statistics for Washington and Lee University?
Washington and Lee University is a private nonprofit institution in Lexington, Virginia. The acceptance rate is 14.0%. The average SAT score is 1,498. Total enrollment is 1,881 students.
How much do Washington and Lee University graduates earn?
Graduates of Washington and Lee University earn a median of $94,810 ten years after enrollment. Six years after enrollment, median earnings are $76,516.
How much does Washington and Lee University cost?
The average net price at Washington and Lee University is $23,781. In-state tuition is $68,045 and out-of-state tuition is $68,045. Median student debt at graduation is $19,500.
What is the graduation rate at Washington and Lee University?
Washington and Lee University has a 4-year completion rate of 94.4%. The first-year retention rate is 96.6%.
Is Washington and Lee University worth the student debt?
The median student debt at Washington and Lee University is $19,500, while graduates earn a median of $94,810 ten years after enrollment. That debt represents about 21% of first-year post-graduation earnings. 23200.0% of borrowers are repaying their loans within 3 years. Estimated monthly loan payment is $207.

Data Sources

Data as of 2024-25 academic year. Source: U.S. Department of Education College Scorecard.

Primary: U.S. Department of Education, College Scorecard. Data reflects most recent available year.

Institutional characteristics: IPEDS (Integrated Postsecondary Education Data System) institutional characteristics file.

Earnings: Median earnings 6 and 10 years after enrollment, from U.S. Treasury tax records linked to federal student aid data.

Program data: Credential-level earnings from the College Scorecard Field of Study dataset.

All federal data sources used on this page

Earnings data sourced from IRS records via the U.S. Treasury–Department of Education matching used by the College Scorecard.