univstats

W&L Financial Aid

Number Received Financial Aid (All Undergraduate) 1,161
Percent Received Financial Aid(All Undergraduate) 63%
Average Aid Amount $50,487
Number Received Financial Aid (Freshmen) 321
Percent Received Financial Aid (Freshmen) 66%

Financial Aid Information at W&L

For the academic year 2021-2022, a total of 1,161 students (63% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $50,487. For freshmen (Full-time, first-time degree-seeking undergraduate students), 321 students (66% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Washington and Lee University is $64,525, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 1,161 students (63% of all students) have received grants or scholarships and the average received aid amount is $50,487. 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 aid1,16163%$50,487
Pell Grants19310%$4,808
Federal Student Loans27515%$5,920

Beginning Students Financial Aid

a total of 321 beginning students (66% of all freshmen) have received any financial aid and 307 students (63% 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 Aid32166%-
Grants or Scholarship from All Sources29661%$55,567
Federal Grants6012%$7,119
Pell Grants5912%$4,926
Other Federal Grants5111%$2,677
State/Local Grants8017%$4,206
Institutional Grants27557%$57,034
Student Loans8818%$7,714
Federal Student Loans7616%$5,258
Other Student Loans214%$13,298