For the academic year 2022-2023, total 4,750 full-time, first-time students (71% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 14,957 students (50% of all students) received grants or scholarships and the average grant amount is $8,832. In addition, 10,254 students received student loans and the average loan amount is $6,357.
Below tables show the number and amount by source of financial aid at Virginia Polytechnic Institute and State University.
For all undergraduate students, total 14,957 students (50% of all students) received grants or scholarships and the average grant amount is $8,832. In addition, 10,254 students received student loans and the average loan amount is $6,357.
Below tables show the number and amount by source of financial aid at Virginia Polytechnic Institute and State University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 14,957 | 50% | $8,832 |
| Pell Grants | 4,462 | 15% | $5,006 |
| Federal Student Loans | 10,254 | 34% | $6,357 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 4,750 | 71% | - |
| Grants or Scholarship from All Sources | 3,864 | 57% | $7,649 |
| Federal Grants | 1,135 | 17% | $5,111 |
| Pell Grants | 1,094 | 16% | $4,989 |
| Other Federal Grants | 510 | 8% | $672 |
| State/Local Grants | 978 | 15% | $5,266 |
| Institutional Grants | 3,736 | 55% | $4,980 |
| Student Loans | 2,864 | 43% | $10,100 |
| Federal Student Loans | 2,774 | 41% | $5,386 |
| Other Student Loans | 620 | 9% | $22,558 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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