Washington and Lee University

Washington and Lee University is a highly selective private nonprofit university in Lexington, Virginia. It admits about 1 in 7 applicants, graduates 94% of its students within six years, and its former students earn a median $94,810 ten years after starting college, more than 100% of the Virginia colleges we cover.

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Acceptance rate
14%

More selective than 98% of Virginia colleges we cover.

College Scorecard, Fall 2024 entering class

What your family pays
$23,781 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $87,000. College Scorecard.

Graduation rate
94%

Higher than 93% of Virginia colleges we cover and 98% of colleges nationwide. U.S. median 54%.

Within 6 years · College Scorecard

Earnings after college
$94,810

Higher than 100% of Virginia colleges we cover and 98% of colleges nationwide. U.S. median $53,263.

Median, 10 years after starting · College Scorecard

Washington and Lee University acceptance rate & admissions

Of 6,820 applicants, Washington and Lee University admitted 1,184 and 502 enrolled (IPEDS, Fall 2023 entering class). The middle half of enrolled first-year students scored 1430–1540 on the SAT or 33–34 on the ACT.

6,820
Applied
1,184
Admitted
502
Enrolled

IPEDS Admissions, Fall 2023 entering class

SAT total, middle 50% of first-years1430–1540
ACT composite, middle 50% of first-years33–34
First-years who sent SAT scores27%
First-year students who return97%
Pell Grant recipients11%
Women / men51% / 49%

Test scores: College Scorecard, Fall 2024. Other figures: College Scorecard; IPEDS

Washington and Lee University tuition, cost & net price

What families actually pay per year, by income

Average net price after grants and scholarships for students who receive federal aid. Tap your income band.

College Scorecard, latest reported year (federal aid recipients)

Sticker price (before aid)

Tuition & fees$68,045
Housing & meals, on campus$17,685
Books & supplies$2,290
Total cost of attendance$87,000

IPEDS 2023-24 cost items; total from College Scorecard

Median debt at graduation$16,617
Loan default rate0.4%3-year rate, 2017 repayment cohort

College Scorecard; Urban Institute Education Data Portal

Full cost breakdown, in-state vs out-of-state →

State aid: Virginia residents studying full-time at eligible private nonprofit Virginia colleges may receive the Virginia Tuition Assistance Grant (VTAG): up to $5,250 a year for undergraduates in 2025-26, depending on state funding. Not included in the prices above. State Council of Higher Education for Virginia (SCHEV), VTAG

Washington and Lee University majors, earnings & careers

Washington and Lee University offers 34 bachelor's majors across 8 areas. Earnings below are for this school's graduates of each major, four years after finishing.

  • Humanities & Languages · 11
  • Science & Math · 8
  • Arts & Design · 3
  • Business & Finance · 3
  • Engineering · 3
  • Social Sciences & Public Service · 3
  • Communications & Media · 2
  • Technology & Computing · 1

Highest-earning majors at Washington and Lee University

MajorEarnings, 4 yrsMedian debt
Business Administration$121,699—
Accounting$118,946$16,750
Economics$115,837$23,399
History$100,087—
Political Science$95,190—
Quick list of all 34 majors
  • Accounting$118,946
  • Area Studies—
  • Biochemistry—
  • Biology—
  • Business Administration$121,699
  • Chemistry—
  • Classics—
  • Computer Science—
  • East Asian Languages (Chinese / Japanese / Korean)—
  • Economics$115,837
  • Engineering—
  • Engineering Physics—
  • Engineering Science—
  • English—
  • Environmental Science / Conservation—
  • Geology / Earth Science—
  • German—
  • History$100,087
  • Journalism—
  • Mathematics—
  • Medieval and Renaissance Studies—
  • Multi / Interdisciplinary Studies, Other—
  • Music—
  • Neuroscience—
  • Philosophy—
  • Physics—
  • Political Science$95,190
  • Psychology (Research)—
  • Public Relations and Advertising—
  • Religious Studies—
  • Sociology and Anthropology—
  • Spanish / French / Romance Languages—
  • Studio Art—
  • Theatre—

— means too few graduates to report earnings.

College Scorecard field of study, latest release

All majors by area with earnings 1 and 4 years out, and debt →

Business Administration → Management analyst

$117,580
Virginia
$101,860
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 10.1% from 2025 to 2035.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35

Accounting → Accountant / auditor

$93,290
Virginia
$83,680
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 5.0% from 2025 to 2035.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35

Living in Lexington

Off-campus rent, 1 bedroom
$971/mo

2 bedrooms $1,057.

HUD Fair Market Rent, FY2027

Weather
45° / 87°

January and July average highs. 43 inches of rain a year, 14 inches of snow.

NOAA Climate Normals 1991-2020

Natural hazard risk
Very Low

No hazard rated high.

FEMA National Risk Index, Lexington City

Campus & students

Total enrollment (incl. graduate)2,277
First-year students from Virginia17%
Next most common home statesTexas, North Carolina, Georgia
AthleticsNCAA Division III with football · 15 sports
Undergraduate degrees awarded, 2023-24100% bachelor's
Campus typeHighly residential
Student bodyWhite 68% · Hispanic 9% · Black 5% · Asian 5%International 8%

IPEDS fall enrollment; Carnegie Classification; EADA via Urban Institute

Lexington City at a glance

Population7,525
Median household income$84,517
Adults with a bachelor's degree51%
Median age23

U.S. Census Bureau, ACS 5-year 2024

Compare Washington and Lee University with similar schools

Similar private colleges in Virginia by selectivity, graduation rate and size. Tap “Why?” to see where the price difference comes from.

SchoolAcceptanceYou'd payGraduationEarnings, 10 yrsPrice gap
Washington and Lee University14%$23,78194%$94,810This school
Riverside College of Health Careers13%$20,744100%$66,072
University of Richmond22%$31,30985%$76,178
Hampden-Sydney College41%$22,40062%$67,640
University of Lynchburg43%$22,23557%$56,380

College Scorecard, latest reported year. “You'd pay” follows your residency and income choices above.

Why the price is different

Washington and Lee University would cost you $3,037 more per year than Riverside College of Health Careers, on average.

  • Higher sticker price at Washington and Lee University.
  • Washington and Lee University gives aided families $56,945 more in grants, on average.
Per year, Virginia residentWashington and Lee UniversityRiverside College of Health CareersDifference
Sticker price$87,000$27,018+$59,982
Average grants−$63,219−$6,274−$56,945
You pay$23,781$20,744+$3,037

“+” means Washington and Lee University costs more; “−” means it costs less. Grants are the sticker price minus the net price. Cost items: IPEDS, on-campus budget. Sticker and net price: College Scorecard, latest reported year; the adjustment reconciles the two. Net price is an average for first-time, full-time students receiving federal aid, not a quote.

Common questions about Washington and Lee University

What is the Washington and Lee University acceptance rate?

Washington and Lee University accepts 14% of applicants (College Scorecard). In the latest IPEDS admissions year, 1,184 of 6,820 applicants were admitted. The middle half of enrolled first-year students scored 1430–1540 on the SAT or 33–34 on the ACT.

How much does Washington and Lee University cost per year?

The sticker price (cost of attendance) is $87,000 a year. After grants and scholarships, students receiving federal aid pay $23,781 a year on average; families earning $0–30k pay $0 and families earning $110k+ pay $40,646.

How much do Washington and Lee University graduates earn?

Former Washington and Lee University students earn a median $94,810 ten years after starting college, compared with a U.S. median of $53,263 across the colleges we cover.

What is the Washington and Lee University graduation rate?

94% of first-time, full-time students graduate within six years, and 97% return for their second year.

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Sources on this page: U.S. Department of Education College Scorecard and IPEDS; U.S. Census Bureau (ACS); Bureau of Labor Statistics (OEWS, Employment Projections); Bureau of Economic Analysis; HUD; NOAA; FEMA; Urban Institute Education Data Portal (ODC-By); Wikidata. “Colleges we cover” means colleges awarding bachelor's degrees to at least 100 undergraduates. Averages are not quotes; confirm costs with the school. How we score
Data: download this school's data (JSON) · Markdown · all datasets
Cite this: “Washington and Lee University: cost, admissions and outcomes,” EducationGuide.com, https://educationguide.com/colleges/washington-and-lee-university (College Scorecard and IPEDS data).