univstats

W&L Financial Aid

Number Received Financial Aid (All Undergraduate) 1,187
Percent Received Financial Aid(All Undergraduate) 64%
Average Aid Amount $52,625
Number Received Financial Aid (Freshmen) 328
Percent Received Financial Aid (Freshmen) 69%

Financial Aid Information at W&L

For the academic year 2023-2024, a total of 1,187 students (64% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $52,625. For freshmen (Full-time, first-time degree-seeking undergraduate students), 328 students (69% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Washington and Lee University is $68,045, for reference.

All Undergraduate Students Financial Aid

For the academic year 2023-2024, a total of 1,187 students (64% of all students) have received grants or scholarships and the average received aid amount is $52,625. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Washington and Lee University for all undergraduate students.
Undergraduate Student Financial Aid at Washington and Lee University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,18764%$52,625
Pell Grants20711%$5,198
Federal Student Loans28115%$5,986

Beginning Students Financial Aid

a total of 328 beginning students (69% of all freshmen) have received any financial aid and 311 students (65% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Washington and Lee University.
Beginning Students (Freshmen) Financial Aid at Washington and Lee University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid32869%-
Grants or Scholarship from All Sources29963%$58,323
Federal Grants6313%$8,009
Pell Grants6313%$4,993
Other Federal Grants4810%$3,958
State/Local Grants9219%$6,302
Institutional Grants26957%$60,797
Student Loans8518%$10,360
Federal Student Loans7215%$5,090
Other Student Loans204%$25,702