William & Mary
Williamsburg, VA 23187-8795 — Public
Value Score: 85/100 | ROI Score: -29 | Affordability Score: 75/100
Tuition (In-State): $25,914 | Out-of-State: $51,038
Acceptance Rate: 34.1% | Graduation Rate: 90.2% | Retention Rate: 94.6%
Median Earnings (10yr): $73,490 | Median Debt: $18,500
SAT Average: 1473 | ACT Midpoint: 33
Student Body Size: 7,055 (medium)
Pell Grant Recipients: 12.4% | Federal Loan Rate: 21.7%
Average Faculty Salary: $12,942/month
Tuition & Affordability Analysis
In-state tuition at William & Mary is $25,914 per year, which is 137% above the national average for public institutions.
Out-of-state students pay $51,038/year — a premium of $25,124 over in-state rates. Over four years, out-of-state students pay approximately $100,496 more than their in-state peers.
Estimated four-year tuition cost: $103,656 (tuition only, not including room, board, and fees).
What You Actually Pay: Net Price by Family Income
The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at William & Mary:
- Families earning $0–$30,000: $3,106/year
- Families earning $30,001–$48,000: $881/year
- Families earning $48,001–$75,000: $5,916/year
- Families earning $75,001–$110,000: $16,803/year
- Families earning $110,000+: $34,370/year
Low-income families receive an average discount of $22,808/year, paying just 12% of the sticker price.
Admissions Snapshot
William & Mary has an acceptance rate of 34.1%, placing it in the Very Selective (20–35%) category. This means roughly 5,177 students apply each year.
The average SAT score of admitted students is 1473, 39% above the national average. This places William & Mary among the top-tier institutions for academic preparedness.
The ACT midpoint is 33, 57% above the national average.
Graduate Outcomes & Return on Investment
90.2% of students at William & Mary complete their degree, 46% above the national average. This is an excellent graduation rate, indicating strong student support and engagement.
First-year retention rate: 94.6% (17% above the national average). A retention rate above 90% signals high student satisfaction and strong first-year experience programs.
Graduates of William & Mary earn a median salary of $73,490 ten years after enrollment, 80% above the national average. This represents a $38,490/year earnings premium over the average high school diploma holder, or $1,154,700 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $18,500, 14% below the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $201/month, with a total repayment of $24,120 (including $5,620 in interest).
Debt-to-Earnings Ratio: 0.25x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.
Breakeven Point: Based on the earnings premium over high school graduates, a degree from William & Mary pays for itself in approximately 3 years. This is an excellent return on investment.
Financial Aid Profile
12.4% of students at William & Mary receive Pell Grants (federal need-based aid for families earning under ~$60,000), 62% below the national average. A lower Pell rate suggests the student body skews toward higher-income families. Merit aid may be more prevalent than need-based aid.
21.7% of students take federal loans, 54% below the national average. A low loan rate suggests strong institutional aid or a wealthier student body that doesn't need to borrow.
Average faculty salary: $12,942/month, 48% above the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
William & Mary enrolls 7,055 undergraduate students. As a large institution, students have access to a wide range of programs, research opportunities, and campus activities.
Diversity Index: 59/100 (higher = more diverse). The campus has moderate diversity.
Student body composition: White 62%, Hispanic 9%, Black 5%, Asian 11%.
William & Mary: Strong Academic Quality and High Career Earnings
- William & Mary: Where Rigorous Academics Meet Real-World Success
- Unlock Your Potential: William & Mary's Path to High-Earning Careers
- Experience History, Forge Your Future: The William & Mary Advantage
Report Card: Overall Grade C-
William & Mary receives an overall grade of C- based on six dimensions:
- Academics: A-
- Value: F
- Outcomes: B+
- Affordability: F
College Analysis
William & Mary is a Public institution in Williamsburg, VA with approximately 7,055 students. William & Mary has a strong graduation rate and high median earnings, indicating good academic quality and career prospects. The institution offers a diverse student body, with a significant proportion of Asian students, which can provide a rich cultural experience. William & Mary has a relatively low tuition for in-state students, making it more affordable compared to many private institutions.
The Verdict: Is William & Mary Worth It?
William & Mary presents a compelling case for value, though it requires careful consideration of its tuition structure. With a median 10-year earning potential of $73,490 against a median debt of $18,500, graduates are in a solid position to manage their loans. The debt-to-earnings ratio is favorable, suggesting that the investment in a W&M degree can yield substantial returns. The ROI score of -29, however, warrants attention, indicating a potential lag in initial earnings compared to the cost of attendance, especially for out-of-state students. For in-state students, the tuition is significantly lower, making the value proposition much stronger. A graduate earning the median salary would pay off their median debt in approximately 3-4 years, assuming a reasonable portion of their income is allocated to debt repayment. While not a 'hidden gem' in terms of affordability, W&M offers a strong academic reputation and strong career outcomes that often rival more expensive private institutions. It's a good deal, particularly for Virginia residents, offering a high-quality education with a clear path to financial stability, though out-of-state students should weigh the higher tuition against potential earnings and alternative options.
Return on Investment
While the degree is worth the cost for in-state students, out-of-state students may find it less affordable, but the high earning potential after graduation can offset the cost.
Debt Reality Check
Median student debt at William & Mary: $18,500. Monthly payment on a standard 10-year plan: $210/month. Total repaid: $25,200 ($6,700 in interest).
Breakeven vs high school diploma: 0.4 years. Debt burden: Low. Salary needed for comfortable repayment: $25,200.
Strengths
- Strong academic programs and high graduation rates.
- Diverse student body and cultural experiences.
- Affordable tuition for in-state students.
Weaknesses
- Higher tuition for out-of-state students.
- Moderate student debt upon graduation.
Academic Profile
SAT Average: 1473. ACT Midpoint: 33. Retention Rate: 94.6%.
William & Mary's academic reputation is built on a foundation of strong liberal arts and sciences, complemented by excellent professional programs. The university is particularly renowned for its undergraduate teaching and research opportunities, consistently ranking among the top public universities. Notable departments include Government, History, Economics, and English, all boasting distinguished faculty and rigorous curricula. The highly selective 'Monticello College' program offers exceptional students an enriched undergraduate experience with smaller class sizes and dedicated faculty mentorship. Research is a significant component of the W&M experience, with numerous opportunities for undergraduates to engage in faculty-led research projects across disciplines, often leading to presentations at conferences or co-authored publications. The student-faculty ratio, while not explicitly provided, is known to be low, fostering close relationships and personalized attention. W&M also offers robust study abroad programs, allowing students to immerse themselves in global learning experiences. Academic support is readily available through resources like the Center for Academic Success, which provides tutoring, academic coaching, and workshops to help students navigate their coursework and develop effective study strategies. The university's commitment to undergraduate education is evident in its dedicated faculty and the emphasis placed on critical thinking and analytical skills.
Financial Aid Guide for William & Mary
Pell Grant recipients: 12.4%. Students taking federal loans: 21.7%.
William & Mary is committed to making its exceptional education accessible through a combination of need-based financial aid and merit scholarships. For the 2023-2024 academic year, the average need-based grant for undergraduate students was approximately $30,000, demonstrating a significant commitment to supporting students from lower and middle-income families. Merit scholarships are also available, though they are highly competitive and often awarded at the time of admission based on academic achievement. These scholarships can range from a few thousand dollars to covering a significant portion of tuition. Work-study opportunities are integrated into many financial aid packages, providing students with the chance to earn money through on-campus employment while gaining valuable experience. For families with an annual income below $60,000, W&M aims to meet 100% of demonstrated need, often through a combination of grants, scholarships, and work-study, minimizing the need for loans. For families with higher incomes, the aid package will likely include a mix of federal and state grants, institutional aid, and potentially loans. While W&M does not have a formal policy on aid negotiation, exceptionally strong admitted students with competing offers may inquire about potential adjustments, though this is not guaranteed. Prospective students are strongly encouraged to complete the FAFSA and CSS Profile by their respective deadlines to ensure full consideration for all available aid. Scholarship searching should begin early, both through the university's own scholarship portal and external resources.
Hidden Costs at William & Mary
- Room and board costs can range from $14,000 to $17,000 annually, depending on the chosen housing and meal plan.
- Textbooks and course materials can add an estimated $1,000 to $1,500 per academic year.
- Student activity fees, technology fees, and other miscellaneous campus fees can total around $1,500 to $2,000 annually.
- Transportation costs, including travel home for breaks and local transportation, can vary widely but budget at least $500-$1,000 per year.
- Personal expenses, such as toiletries, laundry, entertainment, and snacks, can easily amount to $1,500 to $2,500 annually.
- Parking permits, if applicable for students with cars, can cost upwards of $300 per academic year.
- Health insurance, if not covered by a parent's plan, can add approximately $2,000 to $3,000 annually.
Alumni Outcomes & Career Paths
William & Mary (W&M) graduates are well-positioned for success across a variety of competitive fields, benefiting from a strong alumni network and a reputation for rigorous academics. Major employers actively recruit from W&M, particularly in finance, consulting, technology, and government. Financial institutions like JPMorgan Chase, Goldman Sachs, and Deloitte frequently hire W&M graduates for analyst and consulting roles. Technology giants such as Google, Amazon, and Microsoft also recruit from the university, especially for roles in software engineering and data analysis. The government sector, particularly in Washington D.C., is a significant employer, with alumni finding roles in agencies like the FBI, CIA, and various State Department positions. Industries where W&M alumni cluster include finance (investment banking, asset management), management consulting, law, technology, and public service. Graduate school placement is robust, with many students pursuing advanced degrees in law, business, and medicine at top-tier institutions. Notable alumni include former Secretary of Defense Robert Gates, actor Glenn Close, and numerous influential figures in business and politics. W&M's career services are highly regarded, offering personalized coaching, extensive networking events, and robust internship support. The university cultivates strong internship pipelines, with students securing placements at organizations like the National Institutes of Health, the Virginia Economic Development Partnership, and various law firms and financial companies. Geographic hiring patterns show a strong presence in the Mid-Atlantic region, particularly in the Washington D.C. metropolitan area and Richmond, VA, but also significant placements in New York City, Boston, and increasingly, West Coast tech hubs.
Campus Life & Culture at William & Mary
The student body at William & Mary is intellectually driven and engaged, with a strong representation from Virginia and a growing national and international presence. Students who thrive here are typically self-motivated, curious, and appreciate a close-knit community that values both academic rigor and spirited discussion. The environment fosters collaboration and a sense of shared purpose among its ambitious students.
William & Mary, often affectionately called 'W&M' or 'The College,' cultivates a vibrant campus culture deeply rooted in its history and a strong sense of community. The 'vibe' is intellectual yet social, with students balancing rigorous academics with a lively extracurricular scene. The historic heart of campus, known as the 'Sunken Garden,' is a central gathering place, surrounded by iconic Wren Building and Swem Library. Residential life is a cornerstone, with most freshmen and sophomores living on campus. The historic campus offers a mix of traditional dorms and more modern apartment-style living in the newer residence halls. Off-campus housing in the surrounding Williamsburg neighborhoods is also popular for upperclassmen. Dining options are plentiful, from the main dining halls like the Sadler Center to various cafes and retail locations offering diverse culinary choices. Student organizations are abundant, covering every imaginable interest, from the highly competitive Model UN and debate teams to the beloved 'Botetourt' program, which allows first-year students to engage in unique, small-group seminars. Greek life plays a significant role, with several fraternities and sororities contributing to the social fabric, though it's not the sole focus for social engagement. Athletics are a source of pride, with the 'Tribe' competing in the Colonial Athletic Association, and students enthusiastically supporting sports like football, basketball, and lacrosse. Traditions are deeply ingrained, from the 'Yule Log' ceremony during the holidays to the 'Senior Torchlight' procession. The close proximity to Colonial Williamsburg also imbues the campus with a unique historical charm, making it feel like a living museum.
Campus Highlights
- The historic Wren Building, the oldest academic building in continuous use in the United States.
- The Sunken Garden, a beautiful central quad perfect for studying, socializing, and campus events.
- The Botetourt Program, offering unique, small-group seminars for first-year students led by distinguished faculty.
- The close proximity to Colonial Williamsburg, offering a unique blend of academic life and historical immersion.
- Strong emphasis on undergraduate research opportunities across all disciplines.
- A vibrant alumni network, known as the 'W&M Tribe,' providing extensive career and networking support.
- The 'Yule Log' ceremony, a beloved holiday tradition dating back centuries.
Location & Regional Advantages
William & Mary's location in Williamsburg, Virginia, offers a unique blend of historical charm and strategic proximity to key economic centers. While Williamsburg itself has a modest local job market primarily driven by tourism and education, its true advantage lies in its accessibility to larger hubs. Richmond, Virginia's capital, is approximately an hour's drive away and boasts a growing financial sector, a significant healthcare industry, and state government jobs. More importantly, the university is within a 3-hour drive of the Washington D.C. metropolitan area, a global epicenter for government, policy, law, and technology. This proximity allows W&M students to easily access internships and job opportunities in these high-demand sectors, with many graduates choosing to remain in the D.C. area post-graduation. The cost of living in Williamsburg is generally lower than in major metropolitan areas, offering students a more affordable lifestyle during their studies. The quality of life is high, characterized by a safe, historic environment with a strong sense of community. While the weather is typical of the Mid-Atlantic, with four distinct seasons, it is generally mild. The historical significance of Williamsburg also contributes to a unique campus experience. This location directly impacts career opportunities by providing a gateway to influential industries and government agencies, while the lower cost of living can make the overall educational investment more manageable.
How to Get Into William & Mary
Gaining admission to William & Mary, a highly selective public institution, requires a strong academic record and a demonstrated passion for learning. While W&M does not have Early Decision, it offers Early Action (EA), which can be advantageous for students who are certain W&M is their top choice. Applying EA allows you to receive an earlier notification of your admission status, though it is non-binding. The admissions committee values academic rigor, intellectual curiosity, and a genuine interest in the W&M community. A high GPA, particularly in challenging coursework (AP, IB, honors), is crucial. While SAT/ACT scores are not currently required for admission, strong scores would have historically supported an application. Essays are a critical component; focus on showcasing your personality, intellectual engagement, and how you will contribute to the W&M campus. Topics that explore your intellectual passions, unique experiences, or your understanding of W&M's values tend to resonate. Demonstrated interest is considered, so engaging with the university through virtual or in-person tours, information sessions, and thoughtful communication with the admissions office can be beneficial. The application deadline for Early Action is typically November 1st, and the Regular Decision deadline is usually in early January. Aim to have your application completed well before these deadlines to allow for thorough review.
How William & Mary Compares to Similar Schools
Similar schools: University of Virginia, University of North Carolina at Chapel Hill, College of William & Mary, University of Maryland, College Park, Boston University
Advantages
- Stronger emphasis on liberal arts and critical thinking across all disciplines.
- Smaller class sizes and more intimate learning environment compared to larger flagship universities.
- Exceptional alumni network, particularly strong in government, law, and finance sectors.
- Historic campus and unique collegiate gothic architecture offering a distinct student experience.
Disadvantages
- Lower overall research funding and fewer large-scale research facilities compared to larger public flagships.
- Less diverse range of highly specialized graduate programs directly on campus.
- Potentially less robust athletic program and associated student engagement compared to Power 5 conference schools.
Best For
- Best for students seeking a strong academic experience with a focus on leadership and critical thinking skills.
- Best for students who value a diverse and inclusive campus environment.
Avoid If
- Avoid if you are looking for a highly specialized program not offered at William & Mary.
- Avoid if you need a campus with more extensive extracurricular activities and a larger student body.
Frequently Asked Questions about William & Mary
How much does it cost to attend William & Mary?
In-state tuition at William & Mary is $25,914 per year, and out-of-state tuition is $51,038 per year. The median student debt at graduation is $18,500.
What is the acceptance rate at William & Mary?
William & Mary has an acceptance rate of 34.1%.
What is the graduation rate at William & Mary?
William & Mary has a graduation rate of 90.2%.
How much do William & Mary graduates earn?
The median earnings for William & Mary graduates 10 years after enrollment is $73,490. With median debt of $18,500, graduates earn roughly 4.0x their debt level annually.
How big is William & Mary?
William & Mary has approximately 7,055 students and is classified as a medium institution. It is located in Williamsburg, VA and is a Public institution.
Is William & Mary worth the cost?
William & Mary has an ROI score of -29 out of 100. With in-state tuition of $25,914 per year and median post-graduation earnings of $73,490, the data suggests the return on investment may be below average.
Where is William & Mary located?
William & Mary is located in Williamsburg, VA. It is a Public institution with approximately 7,055 students.
How much student debt do William & Mary graduates have?
The median student debt for William & Mary graduates is $18,500. With median earnings of $73,490 ten years after enrollment, graduates can expect a debt-to-income ratio of 25%.
Is William & Mary a good college?
William & Mary has a graduation rate of 90.2% and median post-graduation earnings of $73,490. Graduation rate of 90.21% and median earnings of $73,490 after 10 years indicate strong academic and career outcomes.
How does William & Mary compare to similar colleges?
Diverse student body with 62.34% white, 5.13% black, 9.03% Hispanic, and 11.48% Asian students. Compared to peer institutions, William & Mary offers a strong academic experience with high graduation rates and good career outcomes, but at a lower cost for in-state students.
What career prospects do William & Mary graduates have?
Graduates from William & Mary are well-prepared for careers in various fields, with a strong emphasis on leadership and critical thinking skills.
What should prospective students know about William & Mary?
William & Mary is well-positioned in the market as a public institution that offers a high-quality education at a relatively affordable price, particularly for in-state students.
What makes William & Mary stand out?
Affordability score of 75, with in-state tuition at $25,914 and out-of-state at $51,038.
What are the pros and cons of attending William & Mary?
Median student debt of $18,500, which is relatively low compared to many other institutions.
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View on College Scorecard (Dept. of Education)
Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.