Phillips Exeter Academy is a highly selective, coeducational independent school for boarding and day students in grades 9 through 12, and offers a secondary postgraduate program. Located in Exeter, New Hampshire, it is one of the oldest secondary schools in the United States. Its history, influence, wealth, and academic reputation have made it one of the most elite boarding schools in the United States.
Exeter is based on the Harkness education system, a conference format of student interaction with minimal teacher involvement. It has the largest endowment of any New England boarding school, which as of 2018 was valued at $1.3 billion. On January 25, 2019, William K. Rawson was appointed by the academy's trustees as the 16th Principal Instructor. He is the 4th alumnus of Exeter to serve as Principal Instructor, after Gideon Lane Soule , Harlan Amen , and William Saltonstall .
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