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Colleges / Washington and Lee University

Washington and Lee University

Lexington, VA 4-Year Private
Acceptance Rate19%
Acceptance Rate19%

Washington and Lee Tuition Information

In 2022, Washington and Lee University's tuition was $60,590 a year.

Tuition increased 4% in 2022–from $58,260 the prior year. On average, college tuition rises about 3% year.

Remember, the advertized cost of tuition does not mean much if you plan to use financial aid to help pay for college. Many students pay a lot less than the total tuition after grants, scholarships, and tuition discounts are applied. Plus, student loans can make the amount you do have to pay out of pocket feel more doable until you're done with college.

Does Washington and Lee University Offer In-State and Out-of-State Tuition?

Washington and Lee University is a private, nonprofit institution, which means it has the same tuition for students from Virginia as it does for students who live in other states.

Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Take the time to verify your state's eligibility criteria for as an in-state resident. Each state has different requirements to qualify as in-state resident. The most common requirement is that students must have lived in the state for a full year before starting school. There may be additional requirements as well, depending on where you live.

Explore other Virginia colleges

Is Washington and Lee University's Tuition Different for International Students?

Tuition at Washington and Lee is the same for all students.

Students from outside of the U.S. are not eligible for loans or grants from the U.S. government, but should research private or Washington and Lee-specific aid and scholarships. International students who demonstrate financial need may be eligible for the following types of financial support at Washington and Lee:

•On-campus jobs •Loans from outsideWashington and Lee •Washington and Lee-specific loans •Washington and Lee-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships.


Washington and Lee University Room, Board, Fees, and More


In addition to the cost of tuition, room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Washington and Lee.

Room and Board Costs at Washington and Lee

Room and board at Washington and Lee is $16,920 a year. This number includes the cost of living in dorms or other on-campus housing, plus a meal plan that allows you to eat all or some of your meals the Washington and Lee's on-campus cafeterias and dining halls.

Board costs may vary depending on the numnber of meals you intend to eat on-campus

How Much Do Books Cost at Washington and Lee?

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real cost of books and supplies depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy used textbooks and materials.

Yearly Fees

The majority of colleges also have fees to help cover the cost of facilties, like the library, gym and computer labs.

Keep in mind, there could also be optional fees associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Most colleges have resources so that those with financial need to find ways to lower or eliminate these costs.

Transportation costs

The cost of getting around in college can really vary. Will you drive, fly, or take public transportation to school? Is on-campus parking free, or will you need to budget for parking? Is the campus easy to get around on foot? Do you plan to bring a car or are you planning to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your estimated cost of transportation. Keeping in mind, first-year students are allowed to park a car on campus.

A school's location can impact the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in a city can be pricey, but cities may offer more trains, busses or affordable flights to actually get to school. Washington and Lee Universityis located in a small town setting in Virginia.

Other Costs

When budgeting for college, be sure to consider the cost of things like entertainment, clothes, furnishings and toiletries.


The Full Cost of Attending Washington and Lee University


Now, let’s look at the breakdown of all expenses, to get a better estimate of the actual cost of attending Washington and Lee.

Total Cost of Washington and Lee

What will the cost of attending Washington and Lee be? Here is a breakdown of tuition and expenses.

2022 Total Tuition and Expenses
Tuition $60,590
Room and Board $16,920
Other expenses $2,400

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus $83,320
Off-Campus $64,000

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.


Washington and Lee University Financial Aid


In 2022, 864 of the 1,857 undergrads enrolled received financial aid. Washington and Lee meets 100% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $62,138 a year. Around 31.5% of Washington and Lee undergrads take out student loans to cover any remaining costs. Washington and Lee graduates who have student loans graduate with an average of $24,767 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans $17,690
Washington and Lee-Specific Loans $20,506
Private Loans $49,016
Most Common Loans for Washington and Lee Students
Federal Loans 26.3%
Institutional Loans 7.5%
Private loans 1.4%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Washington and Lee financial aid, keep reading, or visit their financial aid website.

Scholarships at Washington and Lee University

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2022, Washington and Lee awarded 864 need-based scholarships to students, giving away total of $47.1 million to help students with financial need cover the cost of school. An additional $12.2 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Washington and Lee University Net Cost

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Washington and Lee students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Washington and Lee was $62,138 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Washington and Lee seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus $21,182
Off-Campus $1,862

What will attending Washington and Lee really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Washington and Lee's net cost calculator on their website.

Washington and Lee University Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Washington and Lee offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Does Washington and Lee Offer Tuition Waivers?

Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.

Washington and Lee has some full or partial tuition waivers available for: - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.


Learn More About Washington and Lee University


Choose one of the options below to find out more about about Washington and Lee:

Overview

Student Life

Academics

Admissions

Visit the College Confidential forums to join the conversation about Washington and Lee

Washington and Lee Tuition & Fees

Tuition & Fees

$80,920

In State

$80,920

Out-of-State
Cost Breakdown
In State
Out-of-State
State Tuition
$60,590
$60,590
Fees
$1,160
$1,160
Housing
$16,920
$16,920
Books
$2,250
$2,250

Washington and Lee Financial Aid

Students Who Receive Need-Based Aid

47%

Average Financial Aid Package

$62,456

Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved

Quick Facts

Total Enrollment

2,238

Campus Setting

Small Town

Acceptance Rate

19%

Tuition and Fees

In State

$61,750

Out-of-State

$61,750

Fall Freshmen
Application Deadline

Jan 1
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