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“Bill Miller’s historic gift will secure Washington and Lee’s ability to attract and educate the strongest students,” said Washington and Lee University President William C. Dudley. “We are incredibly grateful to Bill for his steadfast belief in the value of a liberal arts education and his visionary support of the university’s future. This gift will change the lives of W&L students for generations to come.”
On October 24, 2024, President Will Dudley announced that Washington and Lee University will no longer consider students’ or families’ ability to pay when evaluating applications for undergraduate admission thanks to a $132 million gift from investor, philanthropist and W&L alumnus William H. “Bill” Miller III. Miller’s extraordinary gift is the single largest in the university’s history and one of the largest dedicated to financial aid at any private liberal arts college.