William & Mary

https://www.wm.edu

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2024 Undergraduate Tuition

$18,709

2.5% growth from 2023

2024 Average Net Price

$19,686

After Financial Aid

2024 Acceptance Rate

34.1%

17,798 Applicants

2024 Enrolled Students

9,818

87.6% Full-Time

2024 Graduation Rate

89.4%

1,378 Graduates

About

William & Mary is a higher education institution located in Williamsburg City, VA. In 2024, the most popular Masters Degree concentrations at William & Mary were General Business Administration & Management (301 degrees awarded), School Counseling & Guidance Services (127 degrees), and Management Science (104 degrees).

In 2024, 3,153 degrees were awarded across all undergraduate and graduate programs at William & Mary. 59.6% of these degrees were awarded to women, and 40.4% awarded men. The most common race/ethnicity group of degree recipients was white (1,961 degrees), 7.4 times more than then the next closest race/ethnicity group, asian (265 degrees).

The median undergraduate tuition at William & Mary is $18,709, which is $−13,211 less than the national average for Doctoral Universities ($31,920).

Photo by Oleg.

Doctoral Universities: Higher Research Activity Doctoral Universities

Costs

In 2024, the median undergraduate tuition at William & Mary is $18,709, which is $13,211 less than the national average for Doctoral Universities ($31,920).

After taking grants and loans into account, the average net price for students is $19,686.

In 2024, 50% of undergraduate students attending William & Mary received financial aid through grants. Comparatively, 22% of undergraduate students received financial aid through loans.

Tuition Costs

$18,709

2024 Undergraduate Tuition

In 2024, the cost of tuition at William & Mary was $18,709. The cost of tuition at William & Mary is $−13,211 less than than the overall (public and private) national average for Doctoral Universities ($31,920).

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

Average Net Price

$19,686

2024 Value

3.6%

1 Year Growth

In 2024 William & Mary had an average net price — the price paid after factoring in grants and loans — of $19,686. Between 2023 and 2024, the average net price of William & Mary grew by 3.6%.

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.

Other Student Expenses

$14,555

Room and Board

$1,080

Books and Supplies

The average yearly cost of room and board at William & Mary was of $14,555 in 2024. The cost of room and board increased by 5.26% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,080. 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

50%

Undergraduates Receiving Financial Aid through Grants

22%

Undergraduates Receiving Financial Aid through Loans

50% of undergraduate students at William & Mary received financial aid through grants or loans in 2024. This represents a growth of 0% with respect to 2023, when 50% 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.

Admissions

William & Mary received 17,798 undergraduate applications in 2024, which represents a 1.42% annual growth. Out of those 17,798 applicants, 6,064 students were accepted for enrollment, representing a 34.1% acceptance rate.

There were 9,818 students enrolled at William & Mary in 2024. 43% of first-time enrollees submitted SAT scores with their applications.

William & Mary has an overall enrollment yield of 26.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

34.1%

Acceptance Rate in 2024

6,064

Accepted Out of 17,798

In 2024, the undergraduate acceptance rate of William & Mary was 34.1% (6,064 admissions from 17,798 applications). This is higher than the acceptance rate of 2023, which was 32.7%. Between 2023 and 2024, the number of applicants grew by 1.42%, while admissions grew by 5.63%.

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

43%

Submission Percentage (2024)

696

Scores Submitted (2024)

43% of enrolled first-time students at William & Mary in 2024 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.

Enrollment

William & Mary had a total enrollment of 9,818 students in 2024. The full-time enrollment at William & Mary is 8,597 students and the part-time enrollment is 1,221. 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 61.9% White, 9.81% Asian, 8.56% Hispanic or Latino, 6.55% Two or More Races, 6.21% Black or African American, 0.132% American Indian or Alaska Native, and 0.0306% Native Hawaiian or Other Pacific Islanders.

Students enrolled at William & Mary in full-time Undergraduate programs are most commonly White Female (36%), followed by White Male (25.6%) and Asian Female (6.65%). Students enrolled in full-time Graduate programs are most commonly White Female (33.7%), followed by White Male (25.5%) and Black or African American Female (4.65%).

Full-Time vs Part-Time Enrollment

87.6%

Full-Time Enrollment

The total enrollment at William & Mary in 2024, both undergraduate and graduate, is 9,818 students. The full-time enrollment at William & Mary is 8,597 and the part-time enrollment is 1,221. This means that 87.6% of students enrolled at William & Mary are enrolled full-time compared with 77.3% 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

95%

2024 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 (82%), 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 (2024)

White
6,077 enrolled students
Asian
963 enrolled students
Hispanic or Latino
840 enrolled students

The enrolled student population at William & Mary is 61.9% White, 9.81% Asian, 8.56% Hispanic or Latino, 6.55% Two or More Races, 6.21% Black or African American, 0.132% American Indian or Alaska Native, and 0.0306% 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 46.2% White, 16.3% Hispanic or Latino, and 10.4% 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, 143 students (1.46%) did not report their race.

Graduates

In 2024, 603 more women than men received degrees from William & Mary. The most common race/ethnicity group of degree recipients at William & Mary is white (1,961 degrees awarded). There were 7.4 times more white recipients than the next closest race/ethnicity group, asian (265 degrees).

The most common Masters Degree concentration at William & Mary is General Business Administration & Management (301 degrees awarded), followed by School Counseling & Guidance Services (127 degrees) and Management Science (104 degrees).

In 2024, 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 (143 degrees awarded), Cultural & Gender Studies (56 degrees), and Language & Linguistics (98 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 (146,935 people), Other managers (136,133 people), Postsecondary teachers (133,307 people), Elementary & middle school teachers (111,758 people), and Secondary school teachers (101,905 people).

The most specialized majors at William & Mary in 2024 are History (143 degrees awarded), Cultural & Gender Studies (56 degrees), Language & Linguistics (98 degrees), Legal (182 degrees), and Physical Sciences (123 degrees) (as of 2024).

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, Diagnostic medical sonographers, Logisticians, Magnetic resonance imaging technologists, and Economists

The most specialized majors at William & Mary are History (143 degrees awarded), Cultural & Gender Studies (56 degrees), Language & Linguistics (98 degrees), Legal (182 degrees), and Physical Sciences (123 degrees) (as of 2024).

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 (297,323 people), Colleges, universities & professional schools, including junior colleges (269,163 people), Legal services (124,382 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (124,369 people), and Computer Systems Design (115,412 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 (2024)

General Business Administration & Management
201 degrees awarded
General Biological Sciences
181 degrees awarded
General Political Science & Government
168 degrees awarded

In 2024, the most common bachelors degree concentration at William & Mary was General Business Administration & Management with 201 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

1,275

Degrees Awarded to Men

in 2024

1,878

Degrees Awarded to Women

in 2024

In 2024, 1,275 degrees were awarded to men at William & Mary, which is 0.679 times less than the number of degrees awarded to females (1,878).

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

Most Common Male Majors

In 2024, 312 degrees were awarded to men at William & Mary in General Business Administration & Management, which is 1.64 times more than the 190 female recipients with that same degree.

Most Common Female Majors

In 2024, 190 degrees were awarded to men at William & Mary in General Business Administration & Management, which is 0.609 times less than the 312 male recipients with that same degree.

Time to Complete

86%

100% Completion Time

91%

150% Completion Time

In 2024, 86% 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 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.

Two or More Races Male

Highest Graduation Rate (94.9%)

The student demographic with the highest graduation rate in 2024 at William & Mary is Male and Two or More Races (94.9% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (75.5%).

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, 5.67% of graduates (78 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
1,961 degrees awarded
Asian
265 degrees awarded
Hispanic or Latino
243 degrees awarded

The most common race/ethnicity at William & Mary is white (1,961 degrees awarded). There were 7.4 times more white recipients than the next closest race/ethnicity group, asian (265 degrees).

1.93% of degree recipients (61 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Female
1,184 degrees awarded
White Female
1,164 degrees awarded
White Female
1,062 degrees awarded

The most common race/ethnicity and sex grouping at William & Mary is white female (1,184 degrees awarded). There were 1.02 times more white female recipients than the next closest race/ethnicity group, white female (1,164 degrees).

Operations

William & Mary has an endowment valued at nearly $1.45B, as of the end of the 2024 fiscal year. The return on its endowment was of 19.8M (1.36%) compared to the 9.4% average return (23.7M on 252M) across all Doctoral Universities.

In 2024, William & Mary had a total salary expenditure of 586M. William & Mary employs 296 Professors, 204 Associate professors and 146 Assistant professors. Most academics at William & Mary are Male Professor (172), Female Professor (124), and Male Associate professor (119).

The most common positions for non-instructional staff at William & Mary are: Business and Financial Operations, with 352 employees, Computer, Engineering, and Science, with 351 employees, and Office and Administrative Support with 274 employees.

Endowment

$1.45B

2024 Endowment

6.88%

growth from 2023

William & Mary has an endowment valued at about $1.45B, as of the end of the 2024 fiscal year. The endowment of William & Mary grew 6.88% from the previous year. The value of their endowment was $1.2B 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

$48.2M - Federal
$4.51M - State
$103k - Local

As of 2024, William & Mary received $48.2M in grants and contracts from the federal government, $4.51M from state grants and contracts, and $103k from local grants and contracts.

Salary Expenditure

$245M

2024 Salaries

9.43%

growth from 2023

In 2024, William & Mary paid a median of $245M in salaries, which represents 41.8% of their overall expenditure ($586M) and a 9.43% growth from the previous year. This is compared to a 10.4% growth between 2022 and 2023, and a 4.74% growth between 2021 and 2022.

Instructional Salaries

$85.2M

Instructional Salaries

703

Number of Employees

In 2024, William & Mary paid a total of $85.2M to 703 employees working as instructors, which represents 34.8% of all salaries paid.

This is compared to a median of $4.1M (2.29%) for similar Doctoral Universities.

Occupations by Share

In 2024, the most common positions for non-instructional staff at William & Mary were Business and Financial Operations with 352 employees, Computer, Engineering, and Science with 351 employees, and Office and Administrative Support with 274 employees.

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