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Economic score
Virginia Military Institute is a public liberal arts college located in Lexington, Virginia. Virginia Military Institute is moderately inclusive in their admissions.
Return on educational investment at Virginia Military Institute is in the top 25% of all ranked schools. The median student earns $71,910 10 years after enrolling, 4th in Virginia, and in the top 10% nationally. When adjusted for earning differences by major, Virginia Military Institute bachelor students earn 10% more than the national average. Virginia Military Institute is ranked 5th in Virginia.
Virginia Military Institute’s median net annual cost of $22,025 and average years to graduate of 4.3 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 6 programs at Virginia Military Institute sorted by number of graduates - International Relations, Civil Engineering, Economics, Mechanical Engineering, Psychology, Biology - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$22,025
Average years to graduate
4.3
History
Rank: #22
Economic score: 2.19
Linguistic & language
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 2.44
Computer Science
Rank: #220
Economic score: 3
English Language & Lit
Rank: #37
Economic score: 3.47
Applied Mathematics
Rank: #40
Economic score: 11.11
The average full-time graduate completes their degree in 4.3 years. 80% of all students graduate within 8 years. The graduation rate at Virginia Military Institute is 17% higher than the state average, and 11% above the average for all liberal arts colleges in the country.
At Virginia Military Institute, Pell Grant recipients represent 14% of the measured graduating class, 21% lower than the national average of 35%. The average Pell Grant recipient at Virginia Military Institute graduates within 4.2 years.
Virginia Military Institute is in the bottom 25% of schools for graduating Pell recipients.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
Virginia Military Institute’s economic mobility score of 13.12 is calculated by adjusting the 0.82 economic score of lower-income students by the 14% pell grant recipients within the student body. Virginia Military Institute’s EMS of 13.12 ranks in the bottom 50% nationally.false
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Bottom 50%
The average Title IV recipient at Virginia Military Institute pays $22,025 a year, $10,395 less than the $32,420 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $22,025
Much of the gap between net price and sticker price is filled by institutional and government grants. At Virginia Military Institute, 91% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $22,025 on average to be covered by the student – be it through loans or out of pocket. In total, 59% of students take out loans, federal or private, at an average amount of $7,487. This is 5% more than the national average.
Federal grants
$3,385
Pell grants
$4,641
State grants
$7,421
Institutional grants
$13,626
Virginia Military Institute's moderately inclusive admissions are indicated by their 64% acceptance rate. In 2021, the school had 1,549 applicants, of which 990 were admitted and 461 enrolled. Virginia Military Institute has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
Full time
100%
83%
Female
14%
59%
First time
90%
59%
In-state
60%
68%
1st generation
15%
35%
White
75%
52%
Black
6%
14%
Hispanic
8%
15%
Asian
5%
5%
American Indian
N/A
1.6%
Pacific Islander
1%
0.3%
Other
5%
12%