Virginia Polytechnic Institute and State University

www.vt.edu/

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2021 Undergraduate Tuition

$11,750

2.89% growth from 2020

2021 Average Net Price

$20,109

After Financial Aid

2019 Student Loan

0.555%

Default Rate

2021 Acceptance Rate

56.5%

42,054 Applicants

2021 Enrolled Students

37,279

92.4% Full-Time

2021 Graduation Rate

86.7%

5,424 Graduates

About

Virginia Polytechnic Institute and State University is a higher education institution located in Montgomery County, VA. In 2021, the most popular Bachelors Degree concentrations at Virginia Polytechnic Institute and State University were Management Science (460 degrees awarded), Mechanical Engineering (376 degrees), and General Computer & Information Sciences (365 degrees).

In 2021, 10,192 degrees were awarded across all undergraduate and graduate programs at Virginia Polytechnic Institute and State University. 45.9% of these degrees were awarded to women, and 54.1% awarded men. The most common race/ethnicity group of degree recipients was white (6,483 degrees), 7.16 times more than then the next closest race/ethnicity group, asian (905 degrees).

The median undergraduate tuition at Virginia Polytechnic Institute and State University is $11,750, which is $−17,242 less than the national average for Doctoral Universities ($28,992).

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Doctoral Universities: Highest Research Activity Doctoral Universities

Costs

In 2021, the median undergraduate tuition at Virginia Polytechnic Institute and State University is $11,750, which is $−17,242 less than the national average for Doctoral Universities ($28,992).

After taking grants and loans into account, the average net price for students is $20,109.

In 2021, 55% of undergraduate students attending Virginia Polytechnic Institute and State University received financial aid through grants. Comparatively, 35% of undergraduate students received financial aid through loans.

Tuition Costs

$11,750

2021 Undergraduate Tuition

In 2021, the cost of tuition at Virginia Polytechnic Institute and State University was $11,750. The cost of tuition at Virginia Polytechnic Institute and State University is $−17,242 less than than the overall (public and private) national average for Doctoral Universities ($28,992).

This chart compares the tuition costs of Virginia Polytechnic Institute and State University (in red) with those of other similar universities.

Average Net Price

$20,109

2021 Value

0.682%

1 Year Growth

In 2021 Virginia Polytechnic Institute and State University had an average net price — the price paid after factoring in grants and loans — of $20,109. Between 2020 and 2021, the average net price of Virginia Polytechnic Institute and State University grew by 0.682%.

This chart compares the average net price of Virginia Polytechnic Institute and State University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$9,556

Room and Board

$1,100

Books and Supplies

The average yearly cost of room and board at Virginia Polytechnic Institute and State University was of $9,556 in 2021. The cost of room and board increased by 2.29% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,100. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Virginia Polytechnic Institute and State University (in red) with that of similar universities.

Financial Aid by Income Level

55%

Undergraduates Receiving Financial Aid through Grants

35%

Undergraduates Receiving Financial Aid through Loans

55% of undergraduate students at Virginia Polytechnic Institute and State University received financial aid through grants or loans in 2021. This represents a decline of 3.51% with respect to 2020, when 57% of undergraduate students received financial aid.

This chart compares the average award discount at Virginia Polytechnic Institute and State University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

0.555%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Virginia Polytechnic Institute and State University was 0.555%, which represents 25 out of the 4501 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Virginia Polytechnic Institute and State University received 42,054 undergraduate applications in 2021, which represents a 36.7% annual growth. Out of those 42,054 applicants, 23,746 students were accepted for enrollment, representing a 56.5% acceptance rate.

There were 37,279 students enrolled at Virginia Polytechnic Institute and State University in 2021. 83% of first-time enrollees submitted SAT scores with their applications.

Virginia Polytechnic Institute and State University has an overall enrollment yield of 28.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

56.5%

Acceptance Rate in 2021

23,746

Accepted Out of 42,054

In 2021, the undergraduate acceptance rate of Virginia Polytechnic Institute and State University was 56.5% (23,746 admissions from 42,054 applications). This is lower than the acceptance rate of 2020, which was 65.8%. Between 2020 and 2021, the number of applicants grew by 36.7%, while admissions grew by 17.3%..

This chart compares the acceptance rate of Virginia Polytechnic Institute and State University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

83%

Submission Percentage (2021)

5,620

Scores Submitted (2021)

83% of enrolled first-time students at Virginia Polytechnic Institute and State University in 2021 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

Virginia Polytechnic Institute and State University had a total enrollment of 37,279 students in 2021. The full-time enrollment at Virginia Polytechnic Institute and State University is 34,448 students and the part-time enrollment is 2,831. This means that 92.4% of students enrolled at Virginia Polytechnic Institute and State University are enrolled full-time.

The enrolled student population at Virginia Polytechnic Institute and State University, both undergraduate and graduate, is 58.5% White, 10.6% Asian, 7.98% Hispanic or Latino, 5.43% Black or African American, 4.67% Two or More Races, 0.113% American Indian or Alaska Native, and 0.107% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Virginia Polytechnic Institute and State University in full-time Undergraduate programs are most commonly White Male (34.3%), followed by White Female (27%) and Asian Male (6.9%). Students enrolled in full-time Graduate programs are most commonly White Female (22%), followed by White Male (21.4%) and Hispanic or Latino Female (2.72%).

Full-Time vs Part-Time Enrollment

92.4%

Full-Time Enrollment

The total enrollment at Virginia Polytechnic Institute and State University in 2021, both undergraduate and graduate, is 37,279 students. The full-time enrollment at Virginia Polytechnic Institute and State University is 34,448 and the part-time enrollment is 2,831. This means that 92.4% of students enrolled at Virginia Polytechnic Institute and State University are enrolled full-time compared with 76.6% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at Virginia Polytechnic Institute and State University (in red) compares to similar universities.

Retention Rate over Time

92%

2021 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Virginia Polytechnic Institute and State University was 92%. Compared with the full-time retention rate at similar Doctoral Universities (84%), Virginia Polytechnic Institute and State University had a retention rate higher than its peers.

This chart shows the retention rate over time at Virginia Polytechnic Institute and State University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
21,793 enrolled students
Asian
3,970 enrolled students
Hispanic or Latino
2,974 enrolled students

The enrolled student population at Virginia Polytechnic Institute and State University is 58.5% White, 10.6% Asian, 7.98% Hispanic or Latino, 5.43% Black or African American, 4.67% Two or More Races, 0.113% American Indian or Alaska Native, and 0.107% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 48.9% White, 15.1% Hispanic or Latino, and 9.56% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 1,000 students (2.68%) did not report their race.

Graduates

In 2021, 826 fewer women than men received degrees from Virginia Polytechnic Institute and State University. The most common race/ethnicity group of degree recipients at Virginia Polytechnic Institute and State University is white (6,483 degrees awarded). There were 7.16 times more white recipients than the next closest race/ethnicity group, asian (905 degrees).

The most common Bachelor's Degree concentration at Virginia Polytechnic Institute and State University is Management Science (460 degrees awarded), followed by Mechanical Engineering (376 degrees) and General Computer & Information Sciences (365 degrees).

In 2021, the most specialized majors across all degree types at Virginia Polytechnic Institute and State University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Natural Resources & Conservation (401 degrees awarded), Engineering (2,227 degrees), and Human Sciences (607 degrees).

Common Jobs by Major

Software developers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Virginia Polytechnic Institute and State University are Software developers (391,538 people), Other managers (358,362 people), Miscellaneous engineers, including nuclear engineers (335,307 people), Civil engineers (263,800 people), and Mechanical engineers (191,776 people).

The most specialized majors at Virginia Polytechnic Institute and State University in 2021 are Natural Resources & Conservation (401 degrees awarded), Engineering (2,227 degrees), Human Sciences (607 degrees), Agriculture (389 degrees), and Architecture and Related Services (185 degrees) (as of 2021).

Highest Paying Jobs by Major

Podiatrists

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Virginia Polytechnic Institute and State University are Podiatrists, Surgeons, Magnetic resonance imaging technologists, Physicians, and Nurse anesthetists

The most specialized majors at Virginia Polytechnic Institute and State University are Natural Resources & Conservation (401 degrees awarded), Engineering (2,227 degrees), Human Sciences (607 degrees), Agriculture (389 degrees), and Architecture and Related Services (185 degrees) (as of 2021).

Common Industries by Major

Architectural, engineering & related services

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Virginia Polytechnic Institute and State University are Architectural, engineering & related services (552,402 people), Computer Systems Design (429,388 people), Construction (323,030 people), Colleges, universities & professional schools, including junior colleges (226,969 people), and Elementary & secondary schools (195,571 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Virginia Polytechnic Institute and State University.

Most Common (2021)

Management Science
460 degrees awarded
Mechanical Engineering
376 degrees awarded
General Computer & Information Sciences
365 degrees awarded

In 2021, the most common bachelors degree concentration at Virginia Polytechnic Institute and State University was Management Science with 460 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Virginia Polytechnic Institute and State University according to their major.

Sex Breakdown for Common Majors

5,509

Degrees Awarded to Men

in 2021

4,683

Degrees Awarded to Women

in 2021

In 2021, 5,509 degrees were awarded to men at Virginia Polytechnic Institute and State University, which is 1.18 times more than the number of degrees awarded to females (4,683).

This chart displays the sex disparity between the top 5 majors at Virginia Polytechnic Institute and State University by degrees awarded.

Most Common Male Majors

In 2021, 392 degrees were awarded to men at Virginia Polytechnic Institute and State University in Mechanical Engineering, which is 5.3 times more than the 74 female recipients with that same degree.

Most Common Female Majors

In 2021, 233 degrees were awarded to men at Virginia Polytechnic Institute and State University in General Psychology, which is 3.07 times more than the 76 male recipients with that same degree.

Time to Complete

65%

100% Completion Time

86%

150% Completion Time

In 2021, 65% of students graduating from Virginia Polytechnic Institute and State University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 86% completed their degrees within 150% of the normal time, and 87% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Female

Highest Graduation Rate (93.4%)

The student demographic with the highest graduation rate in 2021 at Virginia Polytechnic Institute and State University is Female and Two or More Races (93.4% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (72.9%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 2.75% of graduates (149 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
6,483 degrees awarded
Asian
905 degrees awarded
Hispanic or Latino
666 degrees awarded

The most common race/ethnicity at Virginia Polytechnic Institute and State University is white (6,483 degrees awarded). There were 7.16 times more white recipients than the next closest race/ethnicity group, asian (905 degrees).

2.54% of degree recipients (259 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Male
3,416 degrees awarded
White Female
3,067 degrees awarded
Asian Male
463 degrees awarded

The most common race/ethnicity and sex grouping at Virginia Polytechnic Institute and State University is white male (3,416 degrees awarded). There were 1.11 times more white male recipients than the next closest race/ethnicity group, white female (3067 degrees).

Operations

Virginia Polytechnic Institute and State University has an endowment valued at nearly $1.68B, as of the end of the 2021 fiscal year. The return on its endowment was of 96.6M (5.75%) compared to the 10.4% average return (40.5M on 388M) across all Doctoral Universities.

In 2021, Virginia Polytechnic Institute and State University had a total salary expenditure of 1.53B. Virginia Polytechnic Institute and State University employs 641 Professors, 583 Assistant professors and 544 Associate professors. Most academics at Virginia Polytechnic Institute and State University are Male Professor (493), Male Associate professor (336), and Male Assistant professor (326).

The most common positions for non-instructional staff at Virginia Polytechnic Institute and State University are: Business and Financial Operations, with 1,734 employees, Office and Administrative Support, with 1,163 employees, and Computer, Engineering, and Science with 694 employees.

Endowment

$1.68B

2021 Endowment

26.4%

growth from 2020

Virginia Polytechnic Institute and State University has an endowment valued at about $1.68B, as of the end of the 2021 fiscal year. The endowment of Virginia Polytechnic Institute and State University grew 26.4% from the previous year. The value of their endowment was $1.29B higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Virginia Polytechnic Institute and State University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Highest Research Activity Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$238M - Federal
$16.6M - State
$16.1M - Local

As of 2021, Virginia Polytechnic Institute and State University received $238M in grants and contracts from the federal government, $16.6M from state grants and contracts, and $16.1M from local grants and contracts.

Salary Expenditure

$747M

2021 Salaries

0.196%

decline from 2020

In 2021, Virginia Polytechnic Institute and State University paid a median of $747M in salaries, which represents 48.9% of their overall expenditure ($1.53B) and a 0.196% decline from the previous year.

The median for similar Doctoral Universities is 234M (42.8% of overall expenditures).

Instructional Salaries

$239M

Instructional Salaries

2,072

Number of Employees

In 2021, Virginia Polytechnic Institute and State University paid a total of $239M to 2,072 employees working as instructors, which represents 32% of all salaries paid.

This is compared to a median of $71M (30.3%) for similar Doctoral Universities.

Occupations by Share

Professor

Most Common Instructor

641 Employees

Business and Financial Operations

Most Common Non-Instructional Employee

1,734 Employees

In 2021, the most common positions for instructional staff at Virginia Polytechnic Institute and State University were Professor with 641 employees, Assistant professor with 583 employees, and Associate professor with 544 employees.

In 2021, the most common positions for non-instructional staff at Virginia Polytechnic Institute and State University were Business and Financial Operations with 1,734 employees, Office and Administrative Support with 1,163 employees, and Computer, Engineering, and Science with 694 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Male Associate professor
Male Assistant professor

In 2021, the most common demographic for instructional staff at Virginia Polytechnic Institute and State University was Male Professor with 493 employees, Male Associate professor with 336 employees, and Male Assistant professor with 326 employees.

This chart shows the sex split between each academic rank present at Virginia Polytechnic Institute and State University.