Financial Aid Information at W&L
For academic year 2017-2018, Total 1,076 students (59% of undergraduate students) received one or more financial aid including grants, scholarship, and/or student loans. The average financial aid amount is $40,813. For freshmen*, 301 students (64% of enrolled students received financial aid.
All Undergraduate Students Financial Aid
For academic year 2017-2018, total 1,076 students (59% of all students) have received grants or scholarships and the average received amount is $40,813. It includes federal, state, local, institutional or other sources of grant aid. Next table describes the financial aid statistics by aid types at Washington and Lee University for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,076 | 59% | $40,813 |
| Pell Grants | 174 | 10% | $4,444 |
| Federal Student Loans | 421 | 23% | $5,853 |
Beginning Students Financial Aid
For academic year 2017-2018, total 301 students (64% of all freshmen) have received any financial aid and 282 students (60% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students. Below table shows the number and amount by source of financial aid at Washington and Lee University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 301 | 64% | - |
| Grants or Scholarship from All Sources | 263 | 56% | $45,232 |
| Federal Grants | 54 | 11% | $6,596 |
| Pell Grants | 54 | 11% | $4,592 |
| Other Federal Grants | 46 | 10% | $2,352 |
| State/Local Grants | 63 | 13% | $3,255 |
| Institutional Grants | 245 | 52% | $46,265 |
| Student Loans | 124 | 26% | $6,892 |
| Federal Student Loans | 112 | 24% | $4,856 |
| Other Student Loans | 26 | 6% | $11,952 |