Virginia Military Institute

www.vmi.edu

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2024 Undergraduate Tuition
$10,368
2.9% growth from 2023
2024 Average Net Price
$18,825
After Financial Aid
2024 Acceptance Rate
71.2%
2,066 Applicants
2024 Enrolled Students
1,527
100% Full-Time
2024 Graduation Rate
76.2%
346 Graduates

About

Virginia Military Institute is a higher education institution located in Lexington city, VA. In 2024, the most popular Bachelors Degree concentrations at Virginia Military Institute were International Relations & Affairs (55 degrees awarded), General Economics (46 degrees), and General History (45 degrees).

In 2024, 403 degrees were awarded across all undergraduate and graduate programs at Virginia Military Institute. 12.9% of these degrees were awarded to women, and 87.1% awarded men. The most common race/ethnicity group of degree recipients was white (309 degrees), 11.9 times more than then the next closest race/ethnicity group, hispanic or latino (26 degrees).

The median undergraduate tuition at Virginia Military Institute is $10,368, which is $−19,620 less than the national average for Baccalaureate Colleges ($29,988).

Baccalaureate Colleges: Arts & Sciences FocusBaccalaureate Colleges

Costs

In 2024, the median undergraduate tuition at Virginia Military Institute is $10,368, which is $19,620 less than the national average for Baccalaureate Colleges ($29,988).

After taking grants and loans into account, the average net price for students is $18,825.

In 2024, 68% of undergraduate students attending Virginia Military Institute received financial aid through grants. Comparatively, 59% of undergraduate students received financial aid through loans.

Tuition Costs

$10,368
2024 Undergraduate Tuition

In 2024, the cost of tuition at Virginia Military Institute was $10,368. The cost of tuition at Virginia Military Institute is $−19,620 less than than the overall (public and private) national average for Baccalaureate Colleges ($29,988).

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

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Average Net Price

$18,825
2024 Value
9.26%
1 Year Growth

In 2024 Virginia Military Institute had an average net price — the price paid after factoring in grants and loans — of $18,825. Between 2023 and 2024, the average net price of Virginia Military Institute grew by 9.26%.

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.

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Other Student Expenses

$10,990
Room and Board
$1,200
Books and Supplies

The average yearly cost of room and board at Virginia Military Institute was of $10,990 in 2024. The cost of room and board increased by 2.96% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies increased by 20% during the same period.

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

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Financial Aid by Income Level

68%
Undergraduates Receiving Financial Aid through Grants
59%
Undergraduates Receiving Financial Aid through Loans

68% of undergraduate students at Virginia Military Institute received financial aid through grants or loans in 2024. This represents a decline of 4.23% with respect to 2023, when 71% 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.

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Admissions

Virginia Military Institute received 2,066 undergraduate applications in 2024, which represents a 76.4% annual growth. Out of those 2,066 applicants, 1,472 students were accepted for enrollment, representing a 71.2% acceptance rate.

There were 1,527 students enrolled at Virginia Military Institute in 2024. 4% of first-time enrollees submitted SAT scores with their applications.

Virginia Military Institute has an overall enrollment yield of 31.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

71.2%
Acceptance Rate in 2024
1,472
Accepted Out of 2,066

In 2024, the undergraduate acceptance rate of Virginia Military Institute was 71.2% (1,472 admissions from 2,066 applications). This is lower than the acceptance rate of 2023, which was 81.7%. Between 2023 and 2024, the number of applicants grew by 76.4%, while admissions grew by 53.8%.

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.

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SAT Scores

4%
Submission Percentage (2024)
19
Scores Submitted (2024)

4% of enrolled first-time students at Virginia Military Institute in 2024 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

Virginia Military Institute had a total enrollment of 1,527 students in 2024. The full-time enrollment at Virginia Military Institute is 1,527 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 69.2% White, 10.5% Hispanic or Latino, 7.73% Black or African American, 4.72% Asian, 3.73% Two or More Races, 0.589% Native Hawaiian or Other Pacific Islanders, and 0.458% American Indian or Alaska Native.

Students enrolled at Virginia Military Institute in full-time Undergraduate programs are most commonly White Male (61.3%), followed by White Female (9.17%) and Hispanic or Latino Male (7.9%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Virginia Military Institute in 2024, both undergraduate and graduate, is 1,527 students. The full-time enrollment at Virginia Military Institute is 1,527 and the part-time enrollment is 0. This means that 100% of students enrolled at Virginia Military Institute are enrolled full-time compared with 78.4% 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.

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Retention Rate over Time

81%
2024 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 81%. Compared with the full-time retention rate at similar Baccalaureate Colleges (75%), 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)
  1. White
    1,056 enrolled students
  2. Hispanic or Latino
    161 enrolled students
  3. Black or African American
    118 enrolled students

The enrolled student population at Virginia Military Institute is 69.2% White, 10.5% Hispanic or Latino, 7.73% Black or African American, 4.72% Asian, 3.73% Two or More Races, 0.589% Native Hawaiian or Other Pacific Islanders, and 0.458% 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 51.9% White, 13.9% Hispanic or Latino, and 12.8% 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, 17 students (1.11%) did not report their race.

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Graduates

In 2024, 299 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 (309 degrees awarded). There were 11.9 times more white recipients than the next closest race/ethnicity group, hispanic or latino (26 degrees).

The most common Bachelor's Degree concentration at Virginia Military Institute is International Relations & Affairs (55 degrees awarded), followed by General Economics (46 degrees) and General History (45 degrees).

In 2024,  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 (45 degrees awarded), Language & Linguistics (16 degrees), and Social Sciences (101 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 (635,812 people), Software developers (557,513 people), Lawyers, & judges, magistrates, & other judicial workers (529,976 people), Miscellaneous engineers, including nuclear engineers (376,778 people), and Civil engineers (317,736 people).

The most specialized majors at Virginia Military Institute in 2024 are History (45 degrees awarded), Language & Linguistics (16 degrees), Social Sciences (101 degrees), English (24 degrees), and Engineering (85 degrees) (as of 2024).

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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, Diagnostic medical sonographers, Magnetic resonance imaging technologists, Podiatrists, and Securities, commodities, & financial services sales agents

The most specialized majors at Virginia Military Institute are History (45 degrees awarded), Language & Linguistics (16 degrees), Social Sciences (101 degrees), English (24 degrees), and Engineering (85 degrees) (as of 2024).

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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 (773,629 people), Computer Systems Design (732,232 people), Colleges, universities & professional schools, including junior colleges (626,682 people), Architectural, engineering & related services (510,031 people), and Legal services (427,491 people).

The most specialized majors at Virginia Military Institute are History (45 degrees awarded), Language & Linguistics (16 degrees), Social Sciences (101 degrees), English (24 degrees), and Engineering (85 degrees) (as of 2024).

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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 (2024)
  1. International Relations & Affairs
    55 degrees awarded
  2. General Economics
    46 degrees awarded
  3. General History
    45 degrees awarded

In 2024, the most common bachelors degree concentration at Virginia Military Institute was International Relations & Affairs with 55 degrees awarded.

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

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Sex Breakdown for Common Majors

351
Degrees Awarded to Men
in 2024
52
Degrees Awarded to Women
in 2024

In 2024, 351 degrees were awarded to men at Virginia Military Institute, which is 6.75 times more than the number of degrees awarded to females (52).

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

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Most Common Male Majors

In 2024, 47 degrees were awarded to men at Virginia Military Institute in International Relations & Affairs, which is 5.88 times more than the 8 female recipients with that same degree.

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Most Common Female Majors

In 2024, 8 degrees were awarded to men at Virginia Military Institute in General Biological Sciences, which is 0.364 times less than the 22 male recipients with that same degree.

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Time to Complete

65%
100% Completion Time
77%
150% Completion Time

In 2024, 65% of students graduating from Virginia Military Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 77% completed their degrees within 150% of the normal time, and 78% 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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)
  1. White
    309 degrees awarded
  2. Hispanic or Latino
    26 degrees awarded
  3. Asian
    25 degrees awarded

The most common race/ethnicity at Virginia Military Institute is white (309 degrees awarded). There were 11.9 times more white recipients than the next closest race/ethnicity group, hispanic or latino (26 degrees).

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Race & Ethnicity by Sex

Most Common Sex Demographic (2024)
  1. White Male
    265 degrees awarded
  2. White Female
    44 degrees awarded
  3. Hispanic or Latino Male
    24 degrees awarded

The most common race/ethnicity and sex grouping at Virginia Military Institute is white male (265 degrees awarded). There were 6.02 times more white male recipients than the next closest race/ethnicity group, white female (44 degrees).

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Operations

Virginia Military Institute has an endowment valued at nearly $788M, as of the end of the 2024 fiscal year. The return on its endowment was of 2.61M (0.332%) compared to the 8.99% average return (4.98M on 55.4M) across all Baccalaureate Colleges.

In 2024, Virginia Military Institute had a total salary expenditure of 119M. Virginia Military Institute employs 64 Professors, 47 Assistant professors and 28 Associate professors. Most academics at Virginia Military Institute are Male Professor (48), Male Assistant professor (29), and Female Assistant professor (18).

The most common positions for non-instructional staff at Virginia Military Institute are: Office and Administrative Support, with 81 employees, Management, with 75 employees, and Service with 65 employees.

Endowment

$788M
2024 Endowment
10%
growth from 2023

Virginia Military Institute has an endowment valued at about $788M, as of the end of the 2024 fiscal year. The endowment of Virginia Military Institute grew 10% from the previous year. The value of their endowment was $732M 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.

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Salary Expenditure

$38.3M
2024 Salaries
0%
growth from 2023

In 2024, Virginia Military Institute paid a median of $38.3M in salaries, which represents 32.2% of their overall expenditure ($119M) and a 0% growth from the previous year.

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Instructional Salaries

$16.7M
Instructional Salaries
153
Number of Employees

In 2024, Virginia Military Institute paid a total of $16.7M to 153 employees working as instructors, which represents 43.5% of all salaries paid.

This is compared to a median of $556k (3.18%) for similar Baccalaureate Colleges.

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Occupations by Share

In 2024, the most common positions for non-instructional staff at Virginia Military Institute were Office and Administrative Support with 81 employees, Management with 75 employees, and Service with 65 employees.

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