Financial Aid at W&L

[Last update: December 11, 2025]

1,227 students (65% of total 1,898 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Washington and Lee University (W&L). The average amount of the aid awarded is $58,158.

For the first-time, full-time beginning students (freshmen), 70% of total 502 enrolled students have received any kind of financial aid and its average amount of aid received is $63,945.

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All Undergraduate Financial Aid

At Washington and Lee University, 1,227 undergraduate students (65% of total 1,898 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $58,158.

Financial Aid Statistics (All Undergraduate Students) - W&L
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship1,22765% $71,359,258$58,158
Pell Grants21511% $1,184,894$5,511
Federal Student Loan27514% $1,620,372$5,892

Beginning Undergraduate Students (Freshmen) Financial Aid

351 beginning undergraduate students (70% of total 502 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Washington and Lee University. The average amount of aid received is $63,945.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - W&L
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid35170% --
Grants or Scholarships31964%$20,398,333$63,945
Federal Grants6212%$543,640$8,768
Pell Grants6212%$349,640$5,639
Other Federal Grants5411%$194,000$3,593
State/Local Grants8517%$513,515$6,041
Institutional Grants30060%$19,341,178$64,471
Student Loan Aid8116%$803,271$9,917
Federal Student Loans6613%$325,255$4,928
Other Student Loans255%$478,016$19,121

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