univstats

VMI Financial Aid

Request Information
Compare to Rivals
Number Received Financial Aid (All Undergraduate) 1,073
Percent Received Financial Aid(All Undergraduate) 71%
Average Aid Amount $18,005
Number Received Financial Aid (Freshmen) 325
Percent Received Financial Aid (Freshmen) 89%

Financial Aid Information at VMI

For the academic year 2023-2024, a total of 1,073 students (71% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $18,005. For freshmen (Full-time, first-time degree-seeking undergraduate students), 325 students (89% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Virginia Military Institute is $21,046 for Virginia residents and $52,638 for out-of-state students, for reference.

All Undergraduate Students Financial Aid

For the academic year 2023-2024, a total of 1,073 students (71% of all students) have received grants or scholarships and the average received aid amount is $18,005. 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 aid1,07371%$18,005
Pell Grants24916%$4,893
Federal Student Loans90660%$6,567

Beginning Students Financial Aid

a total of 325 beginning students (89% of all freshmen) have received any financial aid and 308 students (85% 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 Aid32589%-
Grants or Scholarship from All Sources29681%$13,735
Federal Grants8624%$7,477
Pell Grants7521%$3,429
Other Federal Grants3610%$10,717
State/Local Grants6117%$6,563
Institutional Grants24868%$12,186
Student Loans24266%$8,998
Federal Student Loans23163%$3,906
Other Student Loans5615%$22,772

Students Headcount by Living Status

For academic year 2023-2024, total 147 full-time beginning students have enrolled and attended Virginia Military Institute. Among them, 147 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 Status202120222023
Living On-Campus199164147
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 2023-2024 . 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 level163137$2,426,882$14,889
$0 - $30,0001616$489,374$30,586
$30,001 - $48,00087$222,064$27,758
$48,001 - $75,0002423$556,479$23,187
$75,001 - $110,0002120$371,343$17,683
$110,001 or more9471$787,622$8,379