WILLIAM & MARY BENCHMARK STUDY
Office of Institutional Research
July 2019
Table of Contents2
Enrollment and Retention
Admissions, Graduation and Degrees Conferred
Staffing
Resources
Average Alumni Giving To Endowment per Alumni Donor
Cost To Student and Student Financial Assistance
Enrollment and Retention3
Total Enrollment (Fall 2017)
Total Enrollment: Percent Full-time (Fall 2017)
Undergraduate Enrollment By Race/Ethnicity (Fall 2017)
Undergraduate Enrollment: Percent Women (Fall 2017)
First Time Full Time Degree-seeking Undergraduate Retention Rate (Fall 2017)
29,307
18,862
22,186
16,655
7,463 7,675 9,921
6,937 6,885 8,576
5,541 6,988 6,285 5,102 4,410
2,757 3,635
5,935
11,049 2,871
7,705
11,542
7,628 4,707
7,326 5,707
3,891
5,908 3,107 2,455
3,014 2,099
3,573 2,086
35,242
29,911
25,057 24,360
19,005
15,303 14,628 14,263
12,592 12,467 11,449
10,095 8,740
8,116
6,509 6,330 5,721
-
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
Undergraduate Graduate and First Professional
Total enrollment (Fall 2017)
Source: IPEDS, Fall Enrollment component *Denotes institutions that have a medical school
4
99 100 98 9895
99 99 9995
92
98 98 100 96 9994
97
9795 94 94
9187 87 86
8381 80
75 74 72 72
66
62
0
10
20
30
40
50
60
70
80
90
100
Perc
ent
Undegraduate Graduate and First-professional
Total enrollment: Percent full-time(Fall 2017)
Source: IPEDS, Fall Enrollment component *Denotes institutions that have a medical school
5
93
70 69
62 60 59 58 5653 52
50 48 4743 41
32
14
74
8
4 77
46 8
7 10
5
6 8
2
2
710
8
109
7
7 10 8
1010
711 9
27
26
4 511
9 814
12 9
17
1513
13 15 1918
36
2 1
35 4
3 5 4
5 4
55 5
3
6 4
84
1 14
55
6
64
23 5
3
62
3
1
510
73
8 6 410
148 9 8
21
1217
10
17
0
10
20
30
40
50
60
70
80
90
100Nonresident Alien
Unknown
Two or more races
Hawaiian or Other PacificIslanderAm. Indian/Alaska Native
Asian
Hispanic/Latino
Black or African American
White
Undergraduate enrollment by race/ethnicity(Fall 2017)
Source: IPEDS, Enrollment component *Denotes institutions that have a medical school Percentages may not equal 100 due to rounding
6
Undergraduate enrollment: Percent women(Fall 2017)
Source: IPEDS, Enrollment component *Denotes institutions that have a medical school
7
60 59 59 5856 55 54 54 54 54 53 53
51 5149
47 47
0
10
20
30
40
50
60
70
80
90
100Perc
ent
First time full time degree-seeking undergraduate retention rate(Fall 2017)
Source: IPEDS, Enrollment component *Denotes institutions that have a medical school
8
98 98 97 97 96 96 96 96 96 95 95 94 94 94 93 9390
0
10
20
30
40
50
60
70
80
90
100
Perc
ent
Admissions, Graduation and Degrees Conferred9
Undergraduate Admittance and Yield (Fall 2017)
SAT Scores: 25th -75th Percentile for Reading and Math (Fall 2017)
Undergraduate Graduation Rate (Fall 2011 Cohort, As Of August 31, 2017)
Undergraduate Graduation Rate by Gender (Fall 2011 Cohort, As Of August 31, 2017)
Bachelors as Percentage of Total Degrees (Awarded Between July 1, 2016 and June 30, 2017)
Doctorates as Percentage of Total Degrees (Awarded Between July 1, 2016 and June 30, 2017)
Percentage of Total Degrees by Level (Awarded Between July 1, 2016 and June 30, 2017)
59 58
4745
47
37
55
27
45
38 37
26
1721
29
21
53
810 11
15 16 1619
2224
27 2832 33 34
36 37
63
0
10
20
30
40
50
60
70
80
90
100
Perc
ent
Admissions yield Percent admitted
Undergraduate admittance and yield(Fall 2017)
Source: Derived - IPEDS, Institutional Characteristics component *Denotes institutions that have a medical school
Note: Percent admitted: total number of admissions divided by the total applicants.
Admissions yield: number enrolled divided by the number admitted.
10
SAT Scores: 25th -75th Percentile for Reading and Math(Fall 2017)
Source: IPEDS, Winter 2017-18, Admissions component *Denotes institutions that have a medical school
11
1570 1570 15701560 1540
1520 1520 15201500 1490 1480 1470 1460
14401420
1400
13501405
14401470
14301410
1350 13501370
1310 13201300
1280 1270 1260
11601190
1170
800
900
1000
1100
1200
1300
1400
1500
1600
Undergraduate graduation rate (Fall 2011 cohort, as of August 31, 2017)
Source: Derived Data Feedback report - IPEDS Graduation Rates component *Denotes institutions that have a medical school
Note: Undergraduate graduation rate is calculated as the total number of completers within 150% of normal time divided by the revised cohort minus any
allowable exclusions.
12
96 95 95 95 95 94 93 92 92 92 91 91 9088
8582 81
0
10
20
30
40
50
60
70
80
90
100
Perc
ent
95 94 95 9593 94
92 91 91 90 90 8987 88
82
77 77
97 9694
96 9694 95
93 93 93 92 93 9289
87 86 86
0
10
20
30
40
50
60
70
80
90
100
Perc
ent
Men Women
Undergraduate graduation rate by gender(Fall 2011 cohort, as of August 31, 2017)
Source: Derived Data Feedback report - IPEDS Graduation Rates component *Denotes institutions that have a medical school
13
Bachelors as percentage of total degrees (Awarded between July 1, 2016 and June 30, 2017)
Source: Derived - IPEDS, Completions component *Denotes institutions that have a medical school
14
86
78
63 62 6159 57 57 56
5148
4644
4138 37
28
0
10
20
30
40
50
60
70
80
90
100
Perc
ent
30
1613 11 9 9
13 125 7 6 8 6 4 2
7
46 6 9 7
2 3
8 5 7 33 4
45 5
0
10
20
30
40
50
60
70
80
90
100Perc
ent
Professional doctorate Research doctorate
Doctorates as percentage of total degrees (Awarded between July 1, 2016 and June 30, 2017)
Source: Derived - IPEDS, Completions component *Denotes institutions that have a medical school
15
86
78
63 62 61 59 57 57 5651 48 46 44 41 38 37
28
8
16
26 25 27 29 3427
35 45
3836 38
38 44
26
57
28
57 6
6
9
4 0
1213 9 16 11
30
13
5 4 38 5 7
37 4 5 3
6 94 6 7
2
0
10
20
30
40
50
60
70
80
90
100
Perc
ent
Bachelor's Master's Professional doctorate Research doctorate
Percentage of total degrees by level(Awarded between July 1, 2016 and June 30, 2017)
Source: Derived - IPEDS, Completions component *Denotes institutions that have a medical school Percentages may not equal 100 due to rounding
16
Staffing17
Student to faculty ratio (Fall 2017)
Ratio of FTE students to FTE total staff (Fall 2017)
Percentage of FTE staff by function (Fall 2017)
Percentage of full-time instructional faculty (Fall 2017)
Percentage tenured or tenure eligible (Fall 2017)
Student to faculty ratio(Fall 2017)
Source: CDS 2017-18 *Denotes institutions that have a medical school
Note: The full-time-equivalent(FTE) of staff and students is calculated by summing the total number of full-time staff or students and adding one-third of the total
number of part-time staff or students.
18
7 7 7 7
8
9 9
10 10
11 11 11
12
13
14
17
18
0
2
4
6
8
10
12
14
16
18
20
Ratio of FTE students to FTE total staff(Fall 2017)
Source: Derived - IPEDS, Fall Enrollment and Human Resources *Denotes institutions that have a medical school
Note: The full-time-equivalent(FTE) of staff and students is calculated by summing the total number of full-time staff or students and adding one-third of the total
number of part-time staff or students.
19
1.01.2 1.3
1.7
1.92.0 2.1 2.1
2.32.5 2.5
3.0
3.3 3.3
3.7
4.7
5.4
0.0
1.0
2.0
3.0
4.0
5.0
6.0
4238 37 36 36 35 35 34 34 33 32 31 29 28 27 26
21
9
74 7
19
2
11 14
5 613
4 11 14
7 10
10
26 40
3939
27
37
29 24 3936
2940 32 30
38 33 43
2216
20 17 1826 26 28
2125 27 25 28 28 29 32
26
0
10
20
30
40
50
60
70
80
90
100
Perc
ent
Instruction/research andpublic service FTE staff
Executive/administrativeand managerial FTE staff
Other professional FTEstaff
Non-professional FTE staff
Percentage of FTE staff by function(Fall 2017)
Source: Derived - IPEDS, Human Resources component *Denotes institutions that have a medical school
Note: The full-time-equivalent (FTE) of staff is calculated by summing the total number of full-time staff from the Human Resources (HR) Component and adding one-third of the total number of
part-time staff; Percentages may not equal 100 due to rounding
20
Percentage of full-time instructional faculty(Fall 2017)
Source: CDS 2016-17 *Denotes institutions that have a medical school
Note: US News uses AAUP methodology which is also used by the CDS.
21
94
88 88 8785
79 78 78
73 72 72
6665 63
58
49 48
0
10
20
30
40
50
60
70
80
90
100Perc
ent
Percentage tenured or tenure eligible(Fall 2017)
Source: Derived - IPEDS, Human Resources *Denotes institutions that have a medical school
Note: Percent of tenured or tenure eligible faculty as compared to full-time instructional faculty.
22
8683
8279
76 76
7269 68 67 66
64 63
5450
44
38
0
10
20
30
40
50
60
70
80
90
100
Resources 23
Total revenues per FTE student (FY 2017)
Total expenses per FTE student (FY 2017)
Total endowment asset per FTE student (FY 2017)
Number of alumni of record (FY 2017)
Alumni giving participation rate (FY 2017)
Undergraduate alumni giving participation rate
(FY 2017)
Graduate alumni giving participation rate
(FY 2017)
Average alumni donor gift (FY 2017)
Average undergraduate alumni donor gift
(FY 2017)
Average graduate alumni donor gift (FY 2017)
Total corporate giving (FY 2017)
Total foundation giving (FY 2017)
Total private support per student (FY 2017)
Total private support (FY 2017)
Total revenues per FTE student(FY 2017)
Source: IPEDS, Financial Component *Denotes institutions that have a medical school
Total all revenues and other additions represents the sum of all revenues and other additions to net assets.
The full-time-equivalent (FTE) enrollment used is the sum of the institutions’ FTE undergraduate enrollment and FTE graduate enrollment (as calculated from or reported on
the 12-month Enrollment component) plus the estimated FTE of first-professional students.
24
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
Total expenses per FTE student(FY 2017)
Source: IPEDS, Financial Component *Denotes institutions that have a medical school
Total expenses and deductions - total expense is the sum of operating and non-operating expenses and deductions.
The full-time-equivalent (FTE) enrollment used is the sum of the institutions’ FTE undergraduate enrollment and FTE graduate enrollment (as calculated from or reported on the
12-month Enrollment component) plus the estimated FTE of first-professional students.
25
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
Total endowment asset per FTE student(FY 2017)
26
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
Source: IPEDS, Financial Component *Denotes institutions that have a medical school
Endowment assets are gross investments of endowment funds, term endowment funds, and funds functioning as endowment for the institution and any of its foundations and other
affiliated organizations.
The full-time-equivalent (FTE) enrollment used is the sum of the institutions’ FTE undergraduate enrollment and FTE graduate enrollment (as calculated from or reported on the 12-
month Enrollment component) plus the estimated FTE of first-professional students.
Number of alumni of record(FY 2017)
Source: Council for Aid to Education (CAE), Voluntary Support of Education Survey (VSE) *Denotes institutions that have a medical school
Note: data not available for Georgetown
27
-
50,000
100,000
150,000
200,000
250,000
300,000
350,000
Alumni giving participation rate (FY 2017)
Source: Council for Aid to Education (CAE), Voluntary Support of Education Survey (VSE) *Denotes institutions that have a medical school
Note: data not available for Georgetown
28
40
35
26 2522
20 18 18 18 1816
12 11 10
4 3
0
10
20
30
40
50
60
70
80
90
100Perc
ent
Undergraduate alumni giving participation rate(FY 2017)
Source: Council for Aid to Education (CAE), Voluntary Support of Education Survey (VSE) *Denotes institutions that have a medical school
Note: data not available for UC-S. Barbara, Yeshiva, UVA, and Georgetown
29
43 41
3230
24 24 23 22 2118
16
11
4
0
10
20
30
40
50
60
70
80
90
100Perc
ent
Graduate alumni giving participation rate(FY 2017)
Source: Council for Aid to Education (CAE), Voluntary Support of Education Survey (VSE) *Denotes institutions that have a medical school
Note: data not available for UC-S. Barbara, Yeshiva, UVA, and Georgetown
30
36
2018 17
15 14 14 13 12 11 11
6 5
0
10
20
30
40
50
60
70
80
90
100Perc
ent
Average alumni donor gift(FY 2017)
Source: Council for Aid to Education (CAE), Voluntary Support of Education Survey (VSE) *Denotes institutions that have a medical school
Note: data not available for Yeshiva, and Georgetown
31
$3,794
$2,543 $2,419 $2,399 $2,349
$2,070 $1,969 $1,940
$1,402
$1,219 $1,140 $1,136 $1,099
$699
$496
$0
$500
$1,000
$1,500
$2,000
$2,500
$3,000
$3,500
$4,000
Average undergraduate alumni donor gift(FY 2017)
Source: Council for Aid to Education (CAE), Voluntary Support of Education Survey (VSE) *Denotes institutions that have a medical school
Note: data not available for UC-S. Barbara, Yeshiva, UVA, and Georgetown
32
$4,126
$2,681 $2,511 $2,491 $2,425 $2,373
$1,921
$1,576
$1,355 $1,281
$1,041 $894
$516
$0
$500
$1,000
$1,500
$2,000
$2,500
$3,000
$3,500
$4,000
$4,500
Average graduate alumni donor gift(FY 2017)
Source: Council for Aid to Education (CAE), Voluntary Support of Education Survey (VSE) *Denotes institutions that have a medical school
Note: data not available for UC-S. Barbara, Yeshiva, UVA, and Georgetown
33
$2,331
$1,598
$1,015 $1,009
$855 $855$766 $760 $727
$536 $530$451 $418
$0
$500
$1,000
$1,500
$2,000
$2,500
Total corporate giving(FY 2017)
Source: Council for Aid to Education (CAE), Voluntary Support of Education Survey (VSE) *Denotes institutions that have a medical school
Note: data not available for Georgetown
34
$52.8
$50.2
$26.5 $24.8 $24.0
$18.2 $16.5 $15.8 $15.5
$14.2 $12.3
$8.2 $6.3 $5.4
$1.7 $1.6
$0
$10
$20
$30
$40
$50
$60(i
n m
illions)
Total foundation giving (FY 2017)
Source: Council for Aid to Education (CAE), Voluntary Support of Education Survey (VSE) *Denotes institutions that have a medical school
Note: data not available for Georgetown
35
$134.6 $133.0 $131.9
$100.9
$89.0 $85.9
$76.2
$49.5 $47.4
$31.4
$24.5 $23.6 $21.0
$13.9 $13.2 $12.6
$0
$20
$40
$60
$80
$100
$120
$140
(in m
illions)
Total private support per student(FY 2017)
Source: Council for Aid to Education (CAE), Voluntary Support of Education Survey (VSE) *Denotes institutions that have a medical school
Note: data not available for Georgetown
36
$36,210
$33,831
$24,868
$18,574 $17,347
$15,340 $14,326
$13,198
$11,231 $11,060 $9,926
$8,987
$7,290 $6,429 $5,990
$2,900
$0
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
$40,000
Total private support (FY 2017)
Source: Council for Aid to Education (CAE), Voluntary Support of Education Survey (VSE) *Denotes institutions that have a medical school
Note: data not available for Georgetown
37
$451.4
$325.9
$281.5 $268.4
$242.0
$218.5 $216.8
$193.6
$145.8 $141.5
$105.2 $103.2 $99.3 $97.1
$62.8
$41.3
$0.0
$50.0
$100.0
$150.0
$200.0
$250.0
$300.0
$350.0
$400.0
$450.0
$500.0
(in m
illions)
Cost to Student and Student Financial Assistance38
Total price for students living on campus (AY 2016/2017)
Price for students after average institutional grant (AY 2016/2017)
Percent of undergraduates receiving financial aid (AY 2016/2017)
Percent of undergraduates receiving grant aid (AY 2016/2017)
Average amount of grant aid (AY 2016/2017)
$24,898
$31,186$32,930
$35,172 $35,991
$58,845
$64,654 $65,080$66,512 $67,043 $68,064 $68,106 $68,125 $68,190 $69,313 $69,474 $69,754
$49,980
$60,530 $59,612$61,854
$57,031
$0
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
$80,000
In-state Out-of-state
Source: Derived - IPEDS, Institutional Characteristics component *Denotes institutions that have a medical school
Note: Schools with the same tuition for in-state and out-of-state have a single reported figure.
Total Price is cost of attendance for full-time undergraduate students living on campus for the academic year. Cost includes tuition and fees, books and supplies, on campus room and board,
and other on campus expenses.
Total price for students living on campus(AY 2016/2017)
39
$32,689
$40,788$42,296
$39,359 $38,293
$0
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
$80,000
In-state average net price Out-of-state average net price Total price for out-of-state students living on campus
Source: IPEDS, Student Financial Aid component *Denotes institutions that have a medical school
Note: Average net price for full-time, first-time degree/certificate-seeking undergraduates who were awarded grant or scholarship aid from federal, state or local
governments, or the institution. Other sources of grant aid are excluded.
Average net price for students awarded grant or scholarship aid(AY 2016/2017)
40
Percent of undergraduates receiving financial aid (AY 2016/2017)
Source: IPEDS, Student Financial Aid component *Denotes institutions that have a medical school
Note: Financial aid figures based on percentage of all full-time undergraduates. Financial aid includes grants, loans, assistantships,
Scholarships, fellowships, tuition waivers, tuition discounts, veteran’s benefits, employer aid (tuition reimbursement) and other monies (other than from
relatives/friends provided to students to meet expenses. This includes Title IV subsidized and unsubsidized and unsubsidized loans made directly to students.
41
46
53 54 54 55 5658 58
60
64 6567 67 68
70
86
0
10
20
30
40
50
60
70
80
90
100
Perc
ent
31 3236
3941 41 41
4345 45
51 51 5256
63 63
85
5
16
5 41 1
18
30
8
13
48
43
15
811
1511
810
13 14
19
14 1513
17
38
33
12
19
13
25
0
10
20
30
40
50
60
70
80
90
100
Perc
ent
Percent of receiving institutional grant aid Percent of receiving state/local grant aid Percent of receiving federal grant aid
Source: IPEDS, Student Financial Aid component *Denotes institutions that have a medical school
Federal: grants provided by federal agencies, including Title IV Pell Grants and Supplemental Educational Opportunity Grants (SEOG).
State/Local: monies awarded to the institution under state and local student aid programs, including the state portion of State Student Incentives Grants (SSIG).
Institutional: scholarships and fellowships granted and funded by the institution. Includes scholarships targeted to certain individuals (e.g., based on state of residence, major fields of
study, athletic team participation) for which the institution designates the recipient.
Percent of undergraduates receiving grant aid(AY 2016/2017)
42
$4,863 $4,951 $5,044 $4,612 $4,322$7,340 $6,024 $5,475 $5,929 $7,627 $7,385 $5,779 $5,940 $5,673 $5,614
$8,017 $6,537
$4,152
$11,069
$11,042
$10,272
$3,014
$10,195
$3,366 $2,484$5,222 $587 $2,657
$2,524$5,037 $4,832 $5,321
$3,322
$1,082
$13,697
$8,141 $9,193
$16,715
$25,306
$18,416
$33,462
$37,030
$36,207
$40,102
$38,307
$40,817$38,425
$40,723
$40,527$40,688
$45,279
$0
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
Average amount of institutional grant aid awarded to full-time first-time undergraduates Average amount of state/local grant aid awarded to full-time first-time undergraduates
Average amount of federal grant aid awarded to full-time first-time undergraduates
Source: IPEDS, Student Financial Aid component *Denotes institutions that have a medical school
Note: Financial aid figures based on percentage of all full-time undergraduates.
Average amount of grant aid(AY 2016/2017)
43