Virginia Military Institute

www.vmi.edu/

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2021 Undergraduate Tuition

$9,782

2.3% growth from 2020

2021 Average Net Price

$18,100

After Financial Aid

2019 Student Loan

1.19%

Default Rate

2021 Acceptance Rate

63.9%

1,549 Applicants

2021 Enrolled Students

1,652

100% Full-Time

2021 Graduation Rate

73.7%

319 Graduates

About

Virginia Military Institute is a higher education institution located in Lexington city, VA. In 2021, the most popular Bachelors Degree concentrations at Virginia Military Institute were International Relations & Affairs (56 degrees awarded), General Civil Engineering (52 degrees), and General Economics (48 degrees).

In 2021, 413 degrees were awarded across all undergraduate and graduate programs at Virginia Military Institute. 11.1% of these degrees were awarded to women, and 88.9% awarded men. The most common race/ethnicity group of degree recipients was white (322 degrees), 8.26 times more than then the next closest race/ethnicity group, hispanic or latino (39 degrees).

The median undergraduate tuition at Virginia Military Institute is $9,782, which is $−18,723 less than the national average for Baccalaureate Colleges ($28,505).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2021, the median undergraduate tuition at Virginia Military Institute is $9,782, which is $−18,723 less than the national average for Baccalaureate Colleges ($28,505).

After taking grants and loans into account, the average net price for students is $18,100.

In 2021, 90% of undergraduate students attending Virginia Military Institute received financial aid through grants. Comparatively, 67% of undergraduate students received financial aid through loans.

Tuition Costs

$9,782

2021 Undergraduate Tuition

In 2021, the cost of tuition at Virginia Military Institute was $9,782. The cost of tuition at Virginia Military Institute is $−18,723 less than than the overall (public and private) national average for Baccalaureate Colleges ($28,505).

This chart compares the tuition costs of Virginia Military Institute (in red) with those of other similar universities.

Average Net Price

$18,100

2021 Value

4.58%

1 Year Growth

In 2021 Virginia Military Institute had an average net price — the price paid after factoring in grants and loans — of $18,100. Between 2020 and 2021, the average net price of Virginia Military Institute grew by 4.58%.

This chart compares the average net price of Virginia Military Institute (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

$10,060

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Virginia Military Institute was of $10,060 in 2021. The cost of room and board did not change between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,000. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

90%

Undergraduates Receiving Financial Aid through Grants

67%

Undergraduates Receiving Financial Aid through Loans

90% of undergraduate students at Virginia Military Institute received financial aid through grants or loans in 2021. This represents a growth of 5.88% with respect to 2020, when 85% of undergraduate students received financial aid.

This chart compares the average award discount at Virginia Military Institute (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.

1.19%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Virginia Military Institute was 1.19%, which represents 4 out of the 335 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 Military Institute received 1,549 undergraduate applications in 2021, which represents a 0.389% annual growth. Out of those 1,549 applicants, 990 students were accepted for enrollment, representing a 63.9% acceptance rate.

There were 1,652 students enrolled at Virginia Military Institute in 2021. 29% of first-time enrollees submitted SAT scores with their applications.

Virginia Military Institute has an overall enrollment yield of 46.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

63.9%

Acceptance Rate in 2021

990

Accepted Out of 1,549

In 2021, the undergraduate acceptance rate of Virginia Military Institute was 63.9% (990 admissions from 1,549 applications). This is higher than the acceptance rate of 2020, which was 59.9%. Between 2020 and 2021, the number of applicants grew by 0.389%, while admissions grew by 7.14%..

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

SAT Scores

29%

Submission Percentage (2021)

122

Scores Submitted (2021)

29% of enrolled first-time students at Virginia Military Institute 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 Military Institute had a total enrollment of 1,652 students in 2021. The full-time enrollment at Virginia Military Institute is 1,652 students and the part-time enrollment is 0. This means that 100% of students enrolled at Virginia Military Institute are enrolled full-time.

The enrolled student population at Virginia Military Institute, both undergraduate and graduate, is 74.5% White, 8.11% Hispanic or Latino, 6.17% Black or African American, 5.02% Asian, 3.45% Two or More Races, 0.545% Native Hawaiian or Other Pacific Islanders, and 0.484% American Indian or Alaska Native.

Students enrolled at Virginia Military Institute in full-time Undergraduate programs are most commonly White Male (64.6%), followed by White Female (9.81%) and Hispanic or Latino Male (6.6%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Virginia Military Institute in 2021, both undergraduate and graduate, is 1,652 students. The full-time enrollment at Virginia Military Institute is 1,652 and the part-time enrollment is 0. This means that 100% of students enrolled at Virginia Military Institute are enrolled full-time compared with 79.9% at similar Baccalaureate Colleges.

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

Retention Rate over Time

87%

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 Military Institute was 87%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Virginia Military Institute had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
1,230 enrolled students
Hispanic or Latino
134 enrolled students
Black or African American
102 enrolled students

The enrolled student population at Virginia Military Institute is 74.5% White, 8.11% Hispanic or Latino, 6.17% Black or African American, 5.02% Asian, 3.45% Two or More Races, 0.545% Native Hawaiian or Other Pacific Islanders, and 0.484% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 55% White, 13.5% Black or African American, and 13.4% Hispanic or Latino.

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 students (0.0605%) did not report their race.

Graduates

In 2021, 321 fewer women than men received degrees from Virginia Military Institute. The most common race/ethnicity group of degree recipients at Virginia Military Institute is white (322 degrees awarded). There were 8.26 times more white recipients than the next closest race/ethnicity group, hispanic or latino (39 degrees).

The most common Bachelor's Degree concentration at Virginia Military Institute is International Relations & Affairs (56 degrees awarded), followed by General Civil Engineering (52 degrees) and General Economics (48 degrees).

In 2021, the most specialized majors across all degree types at Virginia Military Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are History (33 degrees awarded), Engineering (111 degrees), and Social Sciences (104 degrees).

Common Jobs by Major

Other managers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Virginia Military Institute are Other managers (580,665 people), Lawyers, & judges, magistrates, & other judicial workers (506,750 people), Software developers (448,253 people), Miscellaneous engineers, including nuclear engineers (341,618 people), and Elementary & middle school teachers (314,421 people).

The most specialized majors at Virginia Military Institute in 2021 are History (33 degrees awarded), Engineering (111 degrees), Social Sciences (104 degrees), Language & Linguistics (13 degrees), and English (21 degrees) (as of 2021).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Virginia Military Institute are Surgeons, Podiatrists, Diagnostic medical sonographers, Magnetic resonance imaging technologists, and Physicians

The most specialized majors at Virginia Military Institute are History (33 degrees awarded), Engineering (111 degrees), Social Sciences (104 degrees), Language & Linguistics (13 degrees), and English (21 degrees) (as of 2021).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Virginia Military Institute are Elementary & secondary schools (716,582 people), Computer Systems Design (629,486 people), Colleges, universities & professional schools, including junior colleges (594,792 people), Architectural, engineering & related services (458,023 people), and Legal services (407,022 people).

Majors Awarded

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

Most Common (2021)

International Relations & Affairs
56 degrees awarded
General Civil Engineering
52 degrees awarded
General Economics
48 degrees awarded

In 2021, the most common bachelors degree concentration at Virginia Military Institute was International Relations & Affairs with 56 degrees awarded.

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

Sex Breakdown for Common Majors

367

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

In 2021, 367 degrees were awarded to men at Virginia Military Institute, which is 7.98 times more than the number of degrees awarded to females (46).

This chart displays the sex disparity between the top 5 majors at Virginia Military Institute by degrees awarded.

Most Common Male Majors

In 2021, 49 degrees were awarded to men at Virginia Military Institute in General Civil Engineering, which is 16.3 times more than the 3 female recipients with that same degree.

Most Common Female Majors

In 2021, 9 degrees were awarded to men at Virginia Military Institute in General Biological Sciences, which is 0.333 times less than the 27 male recipients with that same degree.

Time to Complete

67%

100% Completion Time

79%

150% Completion Time

In 2021, 67% of students graduating from Virginia Military Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 79% completed their degrees within 150% of the normal time, and 80% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges 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 Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Virginia Military Institute is Male and Two or More Races (100% graduation rate). Across all Baccalaureate Colleges, 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, 0% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
322 degrees awarded
Hispanic or Latino
39 degrees awarded
Black or African American
20 degrees awarded

The most common race/ethnicity at Virginia Military Institute is white (322 degrees awarded). There were 8.26 times more white recipients than the next closest race/ethnicity group, hispanic or latino (39 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Male
290 degrees awarded
Hispanic or Latino Male
32 degrees awarded
White Female
32 degrees awarded

The most common race/ethnicity and sex grouping at Virginia Military Institute is white male (290 degrees awarded). There were 9.06 times more white male recipients than the next closest race/ethnicity group, hispanic or latino male (32 degrees).

Operations

Virginia Military Institute has an endowment valued at nearly $703M, as of the end of the 2021 fiscal year. The return on its endowment was of 5.57M (0.792%) compared to the 17.4% average return (9.13M on 52.4M) across all Baccalaureate Colleges.

In 2021, Virginia Military Institute had a total salary expenditure of 104M. Virginia Military Institute employs 65 Professors, 47 Assistant professors and 25 Associate professors. Most academics at Virginia Military Institute are Male Professor (51), Male Assistant professor (26), and Female Assistant professor (21).

The most common positions for non-instructional staff at Virginia Military Institute are: Office and Administrative Support, with 75 employees, Service, with 64 employees, and Management with 63 employees.

Endowment

$703M

2021 Endowment

36%

growth from 2020

Virginia Military Institute has an endowment valued at about $703M, as of the end of the 2021 fiscal year. The endowment of Virginia Military Institute grew 36% from the previous year. The value of their endowment was $651M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Arts & Sciences Focus Carnegie Classification grouping.

Salary Expenditure

$33.9M

2021 Salaries

0.321%

decline from 2020

In 2021, Virginia Military Institute paid a median of $33.9M in salaries, which represents 32.7% of their overall expenditure ($104M) and a 0.321% decline from the previous year.

The median for similar Baccalaureate Colleges is 15.1M (38.9% of overall expenditures).

Instructional Salaries

$13.4M

Instructional Salaries

148

Number of Employees

In 2021, Virginia Military Institute paid a total of $13.4M to 148 employees working as instructors, which represents 39.6% of all salaries paid.

This is compared to a median of $4.92M (32.5%) for similar Baccalaureate Colleges.

Occupations by Share

Professor

Most Common Instructor

65 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

75 Employees

In 2021, the most common positions for instructional staff at Virginia Military Institute were Professor with 65 employees, Assistant professor with 47 employees, and Associate professor with 25 employees.

In 2021, the most common positions for non-instructional staff at Virginia Military Institute were Office and Administrative Support with 75 employees, Service with 64 employees, and Management with 63 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Male Assistant professor
Female Assistant professor

In 2021, the most common demographic for instructional staff at Virginia Military Institute was Male Professor with 51 employees, Male Assistant professor with 26 employees, and Female Assistant professor with 21 employees.

This chart shows the sex split between each academic rank present at Virginia Military Institute.