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What is the average loan amount at Virginia Military Institute?

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For the academic year 2022-2023, total 341 full-time, first-time students (75% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 956 students (58% of all students) have received federal student loans and the average loan amount is $6,417 at Virginia Military Institute.

Below tables show the number and amount by source of financial aid at Virginia Military Institute.
All Undergraduate Student Financial Aid at Virginia Military Institute
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,07565%$17,109
Pell Grants25315%$4,796
Federal Student Loans95658%$6,417
Beginning Students (Freshmen) Financial Aid at Virginia Military Institute
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid39085%-
Grants or Scholarship from All Sources31669%$19,111
Federal Grants11225%$8,104
Pell Grants8819%$4,613
Other Federal Grants4811%$10,452
State/Local Grants8318%$8,043
Institutional Grants30366%$14,732
Student Loans34175%$6,390
Federal Student Loans34074%$2,930
Other Student Loans5211%$22,751
see more grants, scholarship, student loans, and other financial aid stats

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