Financial Aid at Virginia Tech

Average Amount Received% Received Financial Aid
$8,832 50%
14,957 students (50% of total 29,760 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Virginia Polytechnic Institute and State University.
The average amount of the aid awarded is $8,832. For the first-time, full-time beginning students (freshmen), 71% of total 6,736 enrolled students have received any kind of financial aid and its average amount of aid received is $7,649.
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All Undergraduate Financial Aid

At Virginia Polytechnic Institute and State University, 14,957 undergraduate students (50% of total 29,760 students) have received financial aid including grants, scholarships, and/or federal student loans.The average amount of aid received is $8,832.
Financial Aid Statistics (All Undergraduate Students)
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship14,95750% $132,095,150$8,832
Pell Grants4,46215% $22,336,707$5,006
Federal Student Loan10,25434% $65,185,583$6,357

Beginning Undergraduate Students (Freshmen) Financial Aid

4,750 beginning undergraduate students (71% of total 6,736 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Virginia Polytechnic Institute and State University. The average amount of aid received is $7,649.
Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students)
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid4,75071% --
Grants or Scholarships3,86457%$29,555,176$7,649
Federal Grants1,13517%$5,801,035$5,111
Pell Grants1,09416%$5,458,153$4,989
Other Federal Grants5108%$342,882$672
State/Local Grants97815%$5,150,272$5,266
Institutional Grants3,73655%$18,603,869$4,980
Student Loan Aid2,86443%$28,926,612$10,100
Federal Student Loans2,77441%$14,940,701$5,386
Other Student Loans6209%$13,985,911$22,558

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The next table shows the number of students awarded and the average grants/scholarship aid amount by income level for the academic year 2021-2022 at Virginia Polytechnic Institute and State University.
The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.
Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level1,8691,389$14,525,063$7,772
0-30,000308307$5,272,008$17,117
30,001-48,000244243$3,678,465$15,076
48,001-75,000305302$3,438,266$11,273
75,001-110,000275254$1,315,310$4,783
110,001 or more737283$821,014$1,114
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