Number Received Financial Aid (All Undergraduate)
1,449
Percent Received Financial Aid(All Undergraduate)
85%
Average Aid Amount
$12,299
Number Received Financial Aid (Freshmen)
422
Percent Received Financial Aid (Freshmen)
94%
Financial Aid Information at VMI
For the academic year 2021-2022, a total of 1,449 students (85% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $12,299. For freshmen (Full-time, first-time degree-seeking undergraduate students), 422 students (94% of enrolled students) received financial aid.
The 2023 undergraduate tuition & fees at Virginia Military Institute is $19,913 for Virginia residents and $49,722 for out-of-state students, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 1,449 students (85% of all students) have received grants or scholarships and the average received aid amount is $12,299. 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.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,449 | 85% | $12,299 |
| Pell Grants | 249 | 15% | $4,595 |
| Federal Student Loans | 1,109 | 65% | $6,281 |
Beginning Students Financial Aid
a total of 422 beginning students (94% of all freshmen) have received any financial aid and 412 students (92% 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.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 422 | 94% | - |
| Grants or Scholarship from All Sources | 381 | 85% | $7,961 |
| Federal Grants | 218 | 49% | $2,181 |
| Pell Grants | 72 | 16% | $4,411 |
| Other Federal Grants | 146 | 33% | $1,080 |
| State/Local Grants | 48 | 11% | $6,137 |
| Institutional Grants | 220 | 49% | $10,288 |
| Student Loans | 257 | 57% | $4,106 |
| Federal Student Loans | 245 | 55% | $1,910 |
| Other Student Loans | 51 | 11% | $11,517 |
Student Headcounts by Tuition Rates
For academic year 2021-2022, total 278 have paid in-state tuition rates (62% of undergraduate students) and 169 students (38%) have paid the tuition & fee based on out-of-state rates at Virginia Military Institute.
| Type of Tuition Rate | Number of Students | Percent | Tuition & Fees |
|---|---|---|---|
| In-State Rate | 278 | 62% | $19,913 |
| Out-of-State Rate | 169 | 38% | $49,722 |
Students Headcount by Living Status
For academic year 2021-2022, total 205 full-time beginning students have enrolled and attended Virginia Military Institute. Among them, 205 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.
| Living Status | 2019 | 2020 | 2021 |
|---|---|---|---|
| Living On-Campus | 175 | 163 | 205 |
| Living Off-Campus with Family | 0 | 0 | 0 |
| Living Off-Campus without Family | 0 | 0 | 0 |
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.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 235 | 200 | $2,442,716 | $10,395 |
| $0 - $30,000 | 18 | 18 | $393,557 | $21,864 |
| $30,001 - $48,000 | 17 | 17 | $339,854 | $19,991 |
| $48,001 - $75,000 | 25 | 25 | $470,165 | $18,807 |
| $75,001 - $110,000 | 39 | 39 | $555,648 | $14,247 |
| $110,001 or more | 136 | 101 | $683,492 | $5,026 |
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