2017 - 2018 Tuition Letter
March 15, 2017
Dear Parents and Family Members:
I am writing to provide you with the Board of Trustees' approved tuition and fees for 2017-18:
- Tuition: $49,170
- Room: Single - $8,000, Double - $5,600
- Board: $6,310
- Student Activity Fee: $430
- Student Technology Fee: $320
- Student Health Fee: $250
Through the combination of philanthropy and tuition, we continue to make significant investments in the curricular and co-curricular opportunities available to students, while also investing in facilities and people to maintain and advance the excellence of our educational program. Almost half of our total expenditures in 2015-16 (49.4%) came from philanthropy in the form of endowment payout and gifts to the university. Net tuition accounted for just 37.2% of total expenditures representing a decrease from 43.1% just five years ago.
For the 2017-18 year, students will benefit from the reopening of the renovated Tucker Hall, the last of the Colonnade buildings to be renovated, as well as the expansion of athletic facilities with our new Natatorium. On the co-curricular front, the university is well on the way towards the goal of endowing Science, Society and the Arts, our biennial multi-disciplinary conference that showcases our students' original work. Our curricular offerings also continue to benefit from new endowments with the innovative courses being offered in Spring Term among the many examples.
The people, programs and facilities that provide this rich array of offerings and opportunities for students do not come cheaply. In the current year, we estimate that the total costs associated for each undergraduate student will be $78,500. This means each student paying the stated comprehensive price still receives a subsidy of approximately $17,700.
Quality education is an investment, not a commodity, and W&L is committed to providing a liberal arts education of the highest quality. This commitment relies upon the continued support of the institution and the dedication of alumni and parents. I understand and appreciate the level of sacrifice that you make on behalf of your sons and daughters, and that is why we continue to strive to enhance the long-term value of a Washington and Lee education.
Steven G. McAllister
Treasurer and Vice President for Finance