Observations of the short-period eclipsing binary RW Tau made with the LWR and SWP cameras of the IUE satellite and with the ITS scanner at the 3-m Shane telescope of the Lick Observatory in August and October, 1982, are reported and analyzed. At total eclipse, weak excess continuous radiation in the LWR range and emission lines at Si IV (1), C IV (1), Al III (1), Fe III (34), and Mg II (1) in the SWP range were detected. These findings are similar to those for W Ser-type binaries such as U Cep. The parameters of the system are estimated using a bilinearly interpolated atmospheric model of the type developed by Kurucz (1979): primary-star T(eff) = 11,750 K, log g = 4.2, cool-component spectral type = K0 III, E(B-V) color excess = 0.14 mag, system distance = 270 pc. The implications of these findings for proposed models of the W Ser binaries are discussed, and the observation of a possible distant optical companion star 45 arcsec from RW Tau is reported.