univstats

VMI Financial Aid

Request Information
Compare to Rivals
Number Received Financial Aid (All Undergraduate) 1,075
Percent Received Financial Aid(All Undergraduate) 65%
Average Aid Amount $17,109
Number Received Financial Aid (Freshmen) 390
Percent Received Financial Aid (Freshmen) 85%

Financial Aid Information at VMI

For the academic year 2021-2022, a total of 1,075 students (65% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $17,109. For freshmen (Full-time, first-time degree-seeking undergraduate students), 390 students (85% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Virginia Military Institute is $20,484 for Virginia residents and $51,186 for out-of-state students, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 1,075 students (65% of all students) have received grants or scholarships and the average received aid amount is $17,109. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Virginia Military Institute for all undergraduate students.
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 Financial Aid

a total of 390 beginning students (85% of all freshmen) have received any financial aid and 377 students (82% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Virginia Military Institute.
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

Students Headcount by Living Status

For academic year 2021-2022, total 164 full-time beginning students have enrolled and attended Virginia Military Institute. Among them, 164 students have lived on campus and 0 students lived off campus (without family). The following table shows the students count by living status and years.
Student Headcount by Living Location/Setting at Virginia Military Institute
Living Status201920202021
Living On-Campus205199164
Living Off-Campus with Family000
Living Off-Campus without Family000

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows number of students who paid the in-state or in-district tuition rate and were awarded any grant/scholarship by income level for academic year 2021-2022 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
Grants of Scholarship Aid Statistics By Income Level at Virginia Military Institute
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level197136$2,357,565$11,967
$0 - $30,0001514$335,545$22,370
$30,001 - $48,00099$173,877$19,320
$48,001 - $75,0002726$564,904$20,922
$75,001 - $110,0002120$343,994$16,381
$110,001 or more12567$939,245$7,514