William & Mary

www.wm.edu

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2020 Undergraduate Tuition

$17,168

2.63% growth from 2019

2020 Average Net Price

$18,588

After Financial Aid

2018 Student Loan

0.782%

Default Rate

2020 Acceptance Rate

42.2%

14,201 Applicants

2020 Enrolled Students

8,939

87.6% Full-Time

2020 Graduation Rate

91.3%

1,377 Graduates

About

William & Mary is a higher education institution located in Williamsburg city, VA. In 2020, the most popular Bachelor's Degree concentrations at William & Mary were General Business Administration & Management (193 degrees awarded), General Political Science & Government (182 degrees), and Other Multidisciplinary Studies (165 degrees).

In 2020, 3,011 degrees were awarded across all undergraduate and graduate programs at William & Mary. 56.2% of these degrees were awarded to women, and 43.8% awarded men. The most common race/ethnicity group of degree recipients was white (1,802 degrees), 6.67 times more than then the next closest race/ethnicity group, hispanic or latino (270 degrees).

The median undergraduate tuition at William & Mary is $17,168, which is $−11,395 less than the national average for Doctoral Universities ($28,563).

Photo by Oleg.

Costs

The median undergraduate tuition at William & Mary is $17,168, which is $−11,395 less than the national average for Doctoral Universities ($28,563).

After taking grants and loans into account, the average net price for students is $18,588.

In 2020, 48% of undergraduate students attending William & Mary received financial aid through grants. Comparatively, 23% of undergraduate students received financial aid through loans.

Tuition Costs

$17,168

2020 Undergraduate Tuition

In 2020, the cost of tuition at William & Mary was $17,168. The cost of tuition at William & Mary is $−11,395 less than than the overall (public and private) national average for Doctoral Universities ($28,563).

This chart compares the tuition costs of William & Mary (in red) with those of other similar universities.

Average Net Price

$18,588

2020 Value

0.199%

1 Year Growth

In 2020 William & Mary had an average net price — the price paid after factoring in grants and loans — of $18,588. Between 2019 and 2020, the average net price of William & Mary grew by 0.199%.

This chart compares the average net price of William & Mary (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$12,926

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at William & Mary was of $12,926 in 2020. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board increased by 5.64% between 2019 and 2020. The cost of books and supplies decreased by 29.8% during the same period.

This chart compares the average student costs at William & Mary (in red) with that of similar universities.

Financial Aid by Income Level

48%

Undergraduates Receiving Financial Aid through Grants

23%

Undergraduates Receiving Financial Aid through Loans

48% of undergraduate students at William & Mary received financial aid through grants or loans in 2020. This represents a decline of 2.04% with respect to 2019, when 49% of undergraduate students received financial aid.

This chart compares the average award discount at William & Mary (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

0.782%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at William & Mary was 0.782%, which represents 9 out of the 1151 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

William & Mary received 14,201 undergraduate applications in 2020, which represents a 3.26% annual decline. Out of those 14,201 applicants, 5,987 students were accepted for enrollment, representing a 42.2% acceptance rate.

There were 8,939 students enrolled at William & Mary in 2020, and 77% of first-time enrollees submitted SAT scores with their applications.

William & Mary has an overall enrollment yield of 25.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

42.2%

Acceptance Rate in 2020

5,987

Accepted Out of 14,201

In 2020, the undergraduate acceptance rate of William & Mary was 42.2% (5,987 admissions from 14,201 applications). This is higher than the acceptance rate of 2019, which was 37.7%. Between 2019 and 2020, the number of applicants declined by −3.26%, while admissions grew by 8.22%.

This chart compares the acceptance rate of William & Mary (in red) with that of other similar universities.

SAT Scores

77%

Submission Percentage

1,174

Scores Submitted

77% of enrolled first-time students at William & Mary in 2020 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

William & Mary has a total enrollment of 8,939 students. The full-time enrollment at William & Mary is 7,831 students and the part-time enrollment is 1,108. This means that 87.6% of students enrolled at William & Mary are enrolled full-time.

The enrolled student population at William & Mary, both undergraduate and graduate, is 61.4% White, 7.69% Hispanic or Latino, 7.64% Asian, 7.14% Black or African American, 5.44% Two or More Races, 0.157% American Indian or Alaska Native, and 0.0783% Native Hawaiian or Other Pacific Islanders.

Students enrolled at William & Mary in full-time Undergraduate programs are most commonly White Female (34.4%), followed by White Male (24.9%) and Hispanic or Latino Female (5.77%). Students enrolled in full-time Graduate programs are most commonly White Female (35.9%), followed by White Male (30.5%) and Black or African American Female (2.82%).

Full-Time vs Part-Time Enrollment

87.6%

Full-Time Enrollment

The total enrollment at William & Mary, both undergraduate and graduate, is 8,939 students. The full-time enrollment at William & Mary is 7,831 and the part-time enrollment is 1,108. This means that 87.6% of students enrolled at William & Mary are enrolled full-time compared with 76.5% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at William & Mary (in red) compares to similar universities.

Retention Rate over Time

93%

2020 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at William & Mary was 93%. Compared with the full-time retention rate at similar Doctoral Universities (85%), William & Mary had a retention rate higher than its peers.

This chart shows the retention rate over time at William & Mary (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
5,492
Hispanic or Latino
687
Asian
683

The enrolled student population at William & Mary is 61.4% White, 7.69% Hispanic or Latino, 7.64% Asian, 7.14% Black or African American, 5.44% Two or More Races, 0.157% American Indian or Alaska Native, and 0.0783% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 50% White, 15% Hispanic or Latino, and 9.69% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 387 students (4.33%) did not report their race.

Graduates

In 2020, 371 more women than men received degrees from William & Mary. The most common race/ethnicity group of degree recipients at William & Mary is white (1,802 degrees awarded). There were 6.67 times more white graduates than the next closest race/ethnicity group, hispanic or latino (270 degrees).

The most common Bachelor's Degree concentration at William & Mary is General Business Administration & Management (193 degrees awarded), followed by General Political Science & Government (182 degrees) and Other Multidisciplinary Studies (165 degrees).

The most specialized majors across all degree types at William & Mary, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Legal (216 degrees awarded), History (114 degrees), and Philosophy and Religious Studies (45 degrees).

Common Jobs by Major

Lawyers, & judges, magistrates, & other judicial workers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at William & Mary are Lawyers, & judges, magistrates, & other judicial workers (148,249 people), Postsecondary teachers (131,430 people), Other managers (111,098 people), Elementary & middle school teachers (101,300 people), and Physicians (81,300 people).

The most specialized majors at William & Mary are Legal (216 degrees awarded), History (114 degrees), Philosophy and Religious Studies (45 degrees), Cultural & Gender Studies (45 degrees), and Physical Sciences (123 degrees).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at William & Mary are Surgeons, Securities, commodities, & financial services sales agents, Physicians, Clinical and counseling psychologists, and Aerospace engineers

Common Industries by Major

Colleges, universities & professional schools, including junior colleges

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at William & Mary are Colleges, universities & professional schools, including junior colleges (245,831 people), Elementary & secondary schools (222,640 people), Legal services (124,714 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (104,273 people), and Computer Systems Design (89,234 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by William & Mary.

Most Common

General Business Administration & Management
193 degree-majorss awarded
General Political Science & Government
182 degree-majorss awarded
Other Multidisciplinary Studies
165 degree-majorss awarded

In 2020, the most common bachelors degree concentration at William & Mary was General Business Administration & Management with 193 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at William & Mary according to their major.

Sex Breakdown for Common Majors

1,320

Degrees Awarded to Men

in 2020

1,691

Degrees Awarded to Women

in 2020

In 2020, 1,320 degrees were awarded to men at William & Mary, which is 0.781 times less than the number of degrees awarded to females (1,691).

This chart displays the sex disparity between the top 5 majors at William & Mary by degrees awarded.

Most Common Male Majors

In 2020, 299 degrees were awarded to men at William & Mary in General Business Administration & Management, which is 1.48 times more than the 202 female recipients with that same degree.

Most Common Female Majors

In 2020, 202 degrees were awarded to women at William & Mary in General Business Administration & Management, which is 0.676 times less than the 299 male recipients with that same degree.

Time to Complete

85%

100% Completion Time

91%

150% Completion Time

In 2020, 85% of students graduating from William & Mary completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 91% completed their degrees within 150% of the normal time, and 92% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at William & Mary is Male and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (72.4%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 2.9% of graduates (40 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
1,802 degrees awarded
Hispanic or Latino
270 degrees awarded
Asian
192 degrees awarded

The most common race/ethnicity at William & Mary is white (1,802 degrees awarded). There were 6.67 times more white recipients than the next closest race/ethnicity group, hispanic or latino (270 degrees).

4.12% of degree recipients (124 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Female
974 degrees awarded
White Male
828 degrees awarded
Hispanic or Latino Female
165 degrees awarded

The most common race/ethnicity and sex grouping at William & Mary is white female (974 degrees awarded). There were 1.18 times more white female recipients than the next closest race/ethnicity group, white male (828 degrees).

Operations

William & Mary has an endowment valued at nearly $968M, as of the end of the 2020 fiscal year. The return on its endowment was of $2.16M (0.223%), compared to the 3.43% average return ($10.5M on $307M) across all Doctoral Universities.

In 2020, William & Mary had a total salary expenditure of $466M. William & Mary employs 265 Professors, 195 Associate professors, and 142 Assistant professors. Most academics at William & Mary are Male Professors (173), Male Associate professors(112), and Female Professors (92).

The most common positions for non-instructional staff at William & Mary are: Computer, Engineering, and Science, with 302 employees, Business and Financial Operations, with 270 employees, and Office and Administrative Support with 261 employees.

Endowment

$968M

2020 Endowment

2.83%

decline from 2019

William & Mary has an endowment valued at about $968M, as of the end of the 2020 fiscal year. The endowment of William & Mary declined 2.83% from the previous year. The value of their endowment was $661M higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at William & Mary (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Higher Research Activity Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$32.9M - Federal
$3.66M - State
$176k - Local

As of 2020, William & Mary received $32.9M in grants and contracts from the federal government, $3.66M from state grants and contracts, and $176k from local grants and contracts.

Salary Expenditure

$192M

2020 Salaries

3.15%

growth from 2019

In 2020, William & Mary paid a median of $192M in salaries, which represents 41.3% of their overall expenditure ($466M) and a 3.15% growth from the previous year. This is compared to a 0.402% decline from 2018 and a 4.5% growth from 2017.

The median for similar Doctoral Universities is 238M (42.6% of overall expenditures).

Instructional Salaries

$75.3M

Instructional Salaries

694

Number of Employees

In 2020, William & Mary paid a total of $75.3M to 694 employees working as instructors, which represents 39.1% of all salaries paid.

This is compared to a median of $70.3M (29.6%) for similar Doctoral Universities.

Occupations by Share

Professor

Most Common Instructor

265 Employees

Computer, Engineering, and Science

Most Common Non-Instructional Employee

302 Employees

In 2020, the most common positions for instructional staff at William & Mary were Professor with 265 employees; Associate professor with 195 employees; and Associate professor with 142 employees.

In 2020, the most common positions for non-instructional staff at William & Mary were Computer, Engineering, and Science with 302 employees; Business and Financial Operations with 270 employees; and Office and Administrative Support with 261 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Male Professor
Male Associate professor
Female Professor

In 2020, the most common demographic for instructional staff at William & Mary was Male Professor with 173 employees, Male Associate professor with 112 employees, and Female Professor with 92 employees.

This chart shows the sex split between each academic rank present at William & Mary.