William & Mary

www.wm.edu

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2021 Undergraduate Tuition

$17,434

1.55% growth from 2020

2021 Average Net Price

$18,399

After Financial Aid

2019 Student Loan

0.256%

Default Rate

2021 Acceptance Rate

36.5%

17,475 Applicants

2021 Enrolled Students

9,517

86.2% Full-Time

2021 Graduation Rate

91%

1,380 Graduates

About

William & Mary is a higher education institution located in Williamsburg city, VA. In 2021, the most popular Masters Degree concentrations at William & Mary were General Business Administration & Management (329 degrees awarded), Management Science (108 degrees), and Accounting (71 degrees).

In 2021, 3,012 degrees were awarded across all undergraduate and graduate programs at William & Mary. 55% of these degrees were awarded to women, and 45% awarded men. The most common race/ethnicity group of degree recipients was white (1,874 degrees), 7.78 times more than then the next closest race/ethnicity group, hispanic or latino (241 degrees).

The median undergraduate tuition at William & Mary is $17,434, which is $−11,558 less than the national average for Doctoral Universities ($28,992).

Photo by Oleg.

Doctoral Universities: Higher Research Activity Doctoral Universities

Costs

In 2021, the median undergraduate tuition at William & Mary is $17,434, which is $−11,558 less than the national average for Doctoral Universities ($28,992).

After taking grants and loans into account, the average net price for students is $18,399.

In 2021, 53% of undergraduate students attending William & Mary received financial aid through grants. Comparatively, 23% of undergraduate students received financial aid through loans.

Tuition Costs

$17,434

2021 Undergraduate Tuition

In 2021, the cost of tuition at William & Mary was $17,434. The cost of tuition at William & Mary is $−11,558 less than than the overall (public and private) national average for Doctoral Universities ($28,992).

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

Average Net Price

$18,399

2021 Value

1.02%

1 Year Growth

In 2021 William & Mary had an average net price — the price paid after factoring in grants and loans — of $18,399. Between 2020 and 2021, the average net price of William & Mary grew by 1.02%.

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

$13,356

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at William & Mary was of $13,356 in 2021. The cost of room and board increased by 3.33% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,000. The cost of books and supplies did not change 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

53%

Undergraduates Receiving Financial Aid through Grants

23%

Undergraduates Receiving Financial Aid through Loans

53% of undergraduate students at William & Mary received financial aid through grants or loans in 2021. This represents a growth of 10.4% with respect to 2020, when 48% 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.

0.256%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at William & Mary was 0.256%, which represents 3 out of the 1171 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 17,475 undergraduate applications in 2021, which represents a 23.1% annual growth. Out of those 17,475 applicants, 6,386 students were accepted for enrollment, representing a 36.5% acceptance rate.

There were 9,517 students enrolled at William & Mary in 2021. 51% of first-time enrollees submitted SAT scores with their applications.

William & Mary has an overall enrollment yield of 26.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

36.5%

Acceptance Rate in 2021

6,386

Accepted Out of 17,475

In 2021, the undergraduate acceptance rate of William & Mary was 36.5% (6,386 admissions from 17,475 applications). This is lower than the acceptance rate of 2020, which was 42.2%. Between 2020 and 2021, the number of applicants grew by 23.1%, while admissions grew by 6.66%..

This chart compares the acceptance rate of William & Mary (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

51%

Submission Percentage (2021)

861

Scores Submitted (2021)

51% of enrolled first-time students at William & Mary in 2021 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 had a total enrollment of 9,517 students in 2021. The full-time enrollment at William & Mary is 8,206 students and the part-time enrollment is 1,311. This means that 86.2% of students enrolled at William & Mary are enrolled full-time.

The enrolled student population at William & Mary, both undergraduate and graduate, is 60.7% White, 8.75% Asian, 7.9% Hispanic or Latino, 7.02% Black or African American, 5.35% Two or More Races, 0.179% American Indian or Alaska Native, and 0.116% Native Hawaiian or Other Pacific Islanders.

Students enrolled at William & Mary in full-time Undergraduate programs are most commonly White Female (34.2%), followed by White Male (24.8%) and Hispanic or Latino Female (5.72%). Students enrolled in full-time Graduate programs are most commonly White Female (35.8%), followed by White Male (27.7%) and Black or African American Female (3.56%).

Full-Time vs Part-Time Enrollment

86.2%

Full-Time Enrollment

The total enrollment at William & Mary in 2021, both undergraduate and graduate, is 9,517 students. The full-time enrollment at William & Mary is 8,206 and the part-time enrollment is 1,311. This means that 86.2% of students enrolled at William & Mary are enrolled full-time compared with 76.6% 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%

2021 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 (84%), 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 (2021)

White
5,774 enrolled students
Asian
833 enrolled students
Hispanic or Latino
752 enrolled students

The enrolled student population at William & Mary is 60.7% White, 8.75% Asian, 7.9% Hispanic or Latino, 7.02% Black or African American, 5.35% Two or More Races, 0.179% American Indian or Alaska Native, and 0.116% 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 48.9% White, 15.1% Hispanic or Latino, and 9.56% 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, 362 students (3.8%) did not report their race.

Graduates

In 2021, 304 more women than men received degrees from William & Mary. The most common race/ethnicity group of degree recipients at William & Mary is white (1,874 degrees awarded). There were 7.78 times more white recipients than the next closest race/ethnicity group, hispanic or latino (241 degrees).

The most common Masters Degree concentration at William & Mary is General Business Administration & Management (329 degrees awarded), followed by Management Science (108 degrees) and Accounting (71 degrees).

In 2021, 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 History (130 degrees awarded), Cultural & Gender Studies (63 degrees), and Legal (217 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 (141,443 people), Postsecondary teachers (138,859 people), Other managers (123,592 people), Elementary & middle school teachers (119,461 people), and Secondary school teachers (86,983 people).

The most specialized majors at William & Mary in 2021 are History (130 degrees awarded), Cultural & Gender Studies (63 degrees), Legal (217 degrees), Language & Linguistics (96 degrees), and Physical Sciences (120 degrees) (as of 2021).

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, Media and communication workers, all other, Securities, commodities, & financial services sales agents, Diagnostic medical sonographers, and Magnetic resonance imaging technologists

The most specialized majors at William & Mary are History (130 degrees awarded), Cultural & Gender Studies (63 degrees), Legal (217 degrees), Language & Linguistics (96 degrees), and Physical Sciences (120 degrees) (as of 2021).

Common Industries by Major

Elementary & secondary schools

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 Elementary & secondary schools (280,329 people), Colleges, universities & professional schools, including junior colleges (262,440 people), Legal services (120,503 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (112,677 people), and Computer Systems Design (98,992 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 (2021)

General Business Administration & Management
190 degree-majors awarded
General Political Science & Government
170 degree-majors awarded
General Psychology
164 degree-majors awarded

In 2021, the most common bachelors degree concentration at William & Mary was General Business Administration & Management with 190 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

1,354

Degrees Awarded to Men

in 2021

1,658

Degrees Awarded to Women

in 2021

In 2021, 1,354 degrees were awarded to men at William & Mary, which is 0.817 times less than the number of degrees awarded to females (1,658).

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

Most Common Male Majors

In 2021, 329 degrees were awarded to men at William & Mary in General Business Administration & Management, which is 1.73 times more than the 190 female recipients with that same degree.

Most Common Female Majors

In 2021, 190 degrees were awarded to men at William & Mary in General Business Administration & Management, which is 0.578 times less than the 329 male recipients with that same degree.

Time to Complete

85%

100% Completion Time

90%

150% Completion Time

In 2021, 85% of students graduating from William & Mary completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 90% completed their degrees within 150% of the normal time, and 91% 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 Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at William & Mary is Female and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (72.9%).

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, 7.1% of graduates (98 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
1,874 degrees awarded
Hispanic or Latino
241 degrees awarded
Black or African American
203 degrees awarded

The most common race/ethnicity at William & Mary is white (1,874 degrees awarded). There were 7.78 times more white recipients than the next closest race/ethnicity group, hispanic or latino (241 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
1,029 degrees awarded
White Male
845 degrees awarded
Hispanic or Latino Female
146 degrees awarded

The most common race/ethnicity and sex grouping at William & Mary is white female (1,029 degrees awarded). There were 1.22 times more white female recipients than the next closest race/ethnicity group, white male (845 degrees).

Operations

William & Mary has an endowment valued at nearly $1.28B, as of the end of the 2021 fiscal year. The return on its endowment was of 21.2M (1.66%) compared to the 10.4% average return (40.5M on 388M) across all Doctoral Universities.

In 2021, William & Mary had a total salary expenditure of 455M. William & Mary employs 254 Professors, 195 Associate professors and 136 Assistant professors. Most academics at William & Mary are Male Professor (166), Male Associate professor (116), and Female Professor (88).

The most common positions for non-instructional staff at William & Mary are: Computer, Engineering, and Science, with 294 employees, Business and Financial Operations, with 267 employees, and Office and Administrative Support with 229 employees.

Endowment

$1.28B

2021 Endowment

32.1%

growth from 2020

William & Mary has an endowment valued at about $1.28B, as of the end of the 2021 fiscal year. The endowment of William & Mary grew 32.1% from the previous year. The value of their endowment was $891M 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

$33.1M - Federal
$3.85M - State
$239k - Local

As of 2021, William & Mary received $33.1M in grants and contracts from the federal government, $3.85M from state grants and contracts, and $239k from local grants and contracts.

Salary Expenditure

$193M

2021 Salaries

0.569%

growth from 2020

In 2021, William & Mary paid a median of $193M in salaries, which represents 42.5% of their overall expenditure ($455M) and a 0.569% growth from the previous year.

The median for similar Doctoral Universities is 234M (42.8% of overall expenditures).

Instructional Salaries

$75.5M

Instructional Salaries

672

Number of Employees

In 2021, William & Mary paid a total of $75.5M to 672 employees working as instructors, which represents 39% of all salaries paid.

This is compared to a median of $71M (30.3%) for similar Doctoral Universities.

Occupations by Share

Professor

Most Common Instructor

254 Employees

Computer, Engineering, and Science

Most Common Non-Instructional Employee

294 Employees

In 2021, the most common positions for instructional staff at William & Mary were Professor with 254 employees, Associate professor with 195 employees, and Assistant professor with 136 employees.

In 2021, the most common positions for non-instructional staff at William & Mary were Computer, Engineering, and Science with 294 employees, Business and Financial Operations with 267 employees, and Office and Administrative Support with 229 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Male Associate professor
Female Professor

In 2021, the most common demographic for instructional staff at William & Mary was Male Professor with 166 employees, Male Associate professor with 116 employees, and Female Professor with 88 employees.

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