William & Mary

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2022 Undergraduate Tuition
$17,434
2022 Average Net Price
$25,688
After Financial Aid
2019 Default Rate
0.256%
on Student Loans
2022 Acceptance Rate
33.5%
18,087 Applicants
2022 Enrolled Students
9,654
87.1% Full-Time
2022 Graduation Rate
91%
1,367 Graduates

About

William & Mary is a higher education institution located in Williamsburg city, VA. In 2022, the most popular Masters Degree concentrations at William & Mary were General Business Administration & Management (296 degrees awarded), Management Science (142 degrees), and School Counseling & Guidance Services (94 degrees).

In 2022, 3,193 degrees were awarded across all undergraduate and graduate programs at William & Mary. 56.3% of these degrees were awarded to women, and 43.7% awarded men. The most common race/ethnicity group of degree recipients was white (1,942 degrees), 7.74 times more than then the next closest race/ethnicity group, hispanic or latino (251 degrees).

The median undergraduate tuition at William & Mary is $17,434, which is $−12,716 less than the national average for Doctoral Universities ($30,150).

Costs

In 2022, the median undergraduate tuition at William & Mary is $17,434, which is $−12,716 less than the national average for Doctoral Universities ($30,150).

After taking grants and loans into account, the average net price for students is $25,688.

In 2022, 58% 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
2022 Undergraduate Tuition

In 2022, the cost of tuition at William & Mary was $17,434. The cost of tuition at William & Mary is $−12,716 less than than the overall (public and private) national average for Doctoral Universities ($30,150).

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

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Average Net Price

$25,688
2022 Value
39.6%
1 Year Growth

In 2022 William & Mary had an average net price — the price paid after factoring in grants and loans — of $25,688. Between 2021 and 2022, the average net price of William & Mary grew by 39.6%.

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.

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Other Student Expenses

$13,736
Room and Board
$1,000
Books and Supplies

The average yearly cost of room and board at William & Mary was of $13,736 in 2022. The cost of room and board increased by 2.85% between 2021 and 2022.

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.

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Financial Aid by Income Level

58%
Undergraduates Receiving Financial Aid through Grants
23%
Undergraduates Receiving Financial Aid through Loans

58% of undergraduate students at William & Mary received financial aid through grants or loans in 2022. This represents a growth of 9.43% with respect to 2021, when 53% 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.

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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
3
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.

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Admissions

William & Mary received 18,087 undergraduate applications in 2022, which represents a 3.5% annual growth. Out of those 18,087 applicants, 6,059 students were accepted for enrollment, representing a 33.5% acceptance rate.

There were 9,654 students enrolled at William & Mary in 2022. 52% of first-time enrollees submitted SAT scores with their applications.

William & Mary has an overall enrollment yield of 27.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

33.5%
Acceptance Rate in 2022
6,059
Accepted Out of 18,087

In 2022, the undergraduate acceptance rate of William & Mary was 33.5% (6,059 admissions from 18,087 applications). This is lower than the acceptance rate of 2021, which was 36.5%. Between 2021 and 2022, the number of applicants grew by 3.5%, while admissions declined by −5.12%..

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.

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SAT Scores

52%
Submission Percentage (2022)
860
Scores Submitted (2022)

52% of enrolled first-time students at William & Mary in 2022 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

William & Mary had a total enrollment of 9,654 students in 2022. The full-time enrollment at William & Mary is 8,409 students and the part-time enrollment is 1,245. This means that 87.1% of students enrolled at William & Mary are enrolled full-time.

The enrolled student population at William & Mary, both undergraduate and graduate, is 60.9% White, 9.46% Asian, 8.2% Hispanic or Latino, 6.78% Black or African American, 5.86% Two or More Races, 0.104% American Indian or Alaska Native, and 0.0932% Native Hawaiian or Other Pacific Islanders.

Students enrolled at William & Mary in full-time Undergraduate programs are most commonly White Female (34.7%), followed by White Male (25.1%) and Asian Female (6.15%). Students enrolled in full-time Graduate programs are most commonly White Female (34.4%), followed by White Male (28.2%) and Black or African American Female (4.43%).

Full-Time vs Part-Time Enrollment

87.1%
Full-Time Enrollment

The total enrollment at William & Mary in 2022, both undergraduate and graduate, is 9,654 students. The full-time enrollment at William & Mary is 8,409 and the part-time enrollment is 1,245. This means that 87.1% of students enrolled at William & Mary are enrolled full-time compared with 77.4% at similar Doctoral Universities.

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

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Retention Rate over Time

95%
2022 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 95%. 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    5,884 enrolled students
  2. Asian
    913 enrolled students
  3. Hispanic or Latino
    792 enrolled students

The enrolled student population at William & Mary is 60.9% White, 9.46% Asian, 8.2% Hispanic or Latino, 6.78% Black or African American, 5.86% Two or More Races, 0.104% American Indian or Alaska Native, and 0.0932% 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 47.5% White, 15.5% Hispanic or Latino, and 9.58% 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, 284 students (2.94%) did not report their race.

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Graduates

In 2022, 405 more women than men received degrees from William & Mary. The most common race/ethnicity group of degree recipients at William & Mary is white (1,942 degrees awarded). There were 7.74 times more white recipients than the next closest race/ethnicity group, hispanic or latino (251 degrees).

The most common Masters Degree concentration at William & Mary is General Business Administration & Management (296 degrees awarded), followed by Management Science (142 degrees) and School Counseling & Guidance Services (94 degrees).

In 2022,  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 (271 degrees awarded), History (113 degrees), and Physical Sciences (146 degrees).

Common Jobs by Major

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 Postsecondary teachers (170,871 people), Lawyers, & judges, magistrates, & other judicial workers (155,668 people), Other managers (145,079 people), Secondary school teachers (118,974 people), and Elementary & middle school teachers (114,364 people).

The most specialized majors at William & Mary in 2022 are Legal (271 degrees awarded), History (113 degrees), Physical Sciences (146 degrees), Math & Statistics (140 degrees), and Philosophy and Religious Studies (49 degrees) (as of 2022).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at William & Mary are Diagnostic medical sonographers, Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, and Magnetic resonance imaging technologists

The most specialized majors at William & Mary are Legal (271 degrees awarded), History (113 degrees), Physical Sciences (146 degrees), Math & Statistics (140 degrees), and Philosophy and Religious Studies (49 degrees) (as of 2022).

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Common Industries by Major

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 (305,623 people), Colleges, universities & professional schools, including junior colleges (301,957 people), Computer Systems Design (164,608 people), Legal services (128,833 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (120,638 people).

The most specialized majors at William & Mary are Legal (271 degrees awarded), History (113 degrees), Physical Sciences (146 degrees), Math & Statistics (140 degrees), and Philosophy and Religious Studies (49 degrees) (as of 2022).

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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 (2022)
  1. 239 degrees awarded
  2. 161 degrees awarded
  3. 158 degrees awarded

In 2022, the most common bachelors degree concentration at William & Mary was General Business Administration & Management with 239 degrees awarded.

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

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Sex Breakdown for Common Majors

1,394
Degrees Awarded to Men
in 2022
1,799
Degrees Awarded to Women
in 2022

In 2022, 1,394 degrees were awarded to men at William & Mary, which is 0.775 times less than the number of degrees awarded to females (1,799).

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

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Most Common Male Majors

In 2022, 319 degrees were awarded to men at William & Mary in General Business Administration & Management, which is 1.48 times more than the 216 female recipients with that same degree.

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Most Common Female Majors

In 2022, 216 degrees were awarded to men at William & Mary in General Business Administration & Management, which is 0.677 times less than the 319 male recipients with that same degree.

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Time to Complete

85%
100% Completion Time
91%
150% Completion Time

In 2022, 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.

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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 in 2022 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 (73.2%).

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, 6.8% of graduates (93 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    1,942 degrees awarded
  2. Hispanic or Latino
    251 degrees awarded
  3. Asian
    236 degrees awarded

The most common race/ethnicity at William & Mary is white (1,942 degrees awarded). There were 7.74 times more white recipients than the next closest race/ethnicity group, hispanic or latino (251 degrees).

4.32% of degree recipients (138 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    1,062 degrees awarded
  2. White Male
    880 degrees awarded
  3. Hispanic or Latino Female
    169 degrees awarded

The most common race/ethnicity and sex grouping at William & Mary is white female (1,062 degrees awarded). There were 1.21 times more white female recipients than the next closest race/ethnicity group, white male (880 degrees).

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Operations

William & Mary has an endowment valued at nearly $1.3B, as of the end of the 2022 fiscal year. The return on its endowment was of 60.8k (0.00467%) compared to the 1.13% average return (4.2M on 373M) across all Doctoral Universities.

In 2022, William & Mary had a total salary expenditure of 517M. William & Mary employs 259 Professors, 186 Associate professors and 133 Assistant professors. Most academics at William & Mary are Male Professor (164), Male Associate professor (112), and Female Professor (95).

The most common positions for non-instructional staff at William & Mary are: Computer, Engineering, and Science, with 320 employees, Business and Financial Operations, with 270 employees, and Office and Administrative Support with 244 employees.

Endowment

$1.3B
2022 Endowment
1.83%
growth from 2021

William & Mary has an endowment valued at about $1.3B, as of the end of the 2022 fiscal year. The endowment of William & Mary grew 1.83% from the previous year. The value of their endowment was $929M 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.

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Government Grants and Contracts

Grants & Contracts
  1. $36.5M - Federal
  2. $4.01M - State
  3. $288k - Local

As of 2022, William & Mary received $36.5M in grants and contracts from the federal government, $4.01M from state grants and contracts, and $288k from local grants and contracts.

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Salary Expenditure

$203M
2022 Salaries
4.74%
growth from 2021

In 2022, William & Mary paid a median of $203M in salaries, which represents 39.2% of their overall expenditure ($517M) and a 4.74% growth from the previous year.

The median for similar Doctoral Universities is 246M (41.5% of overall expenditures).

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Instructional Salaries

$78M
Instructional Salaries
670
Number of Employees

In 2022, William & Mary paid a total of $78M to 670 employees working as instructors, which represents 38.5% of all salaries paid.

This is compared to a median of $73.7M (30%) for similar Doctoral Universities.

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Occupations by Share

Professor
Most Common Instructor
259 Employees
Computer, Engineering, and Science
Most Common Non-Instructional Employee
320 Employees

In 2022, the most common positions for instructional staff at William & Mary were Professor with 259 employees, Associate professor with 186 employees, and Assistant professor with 133 employees.

In 2022, the most common positions for non-instructional staff at William & Mary were Computer, Engineering, and Science with 320 employees, Business and Financial Operations with 270 employees, and Office and Administrative Support with 244 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Male Professor
  2. Male Associate professor
  3. Female Professor

In 2022, the most common demographic for instructional staff at William & Mary was Male Professor with 164 employees, Male Associate professor with 112 employees, and Female Professor with 95 employees.

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

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