1,068 students (68% of total 1,560 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Virginia Military Institute (VMI). The average amount of the aid awarded is $19,593.
For the first-time, full-time beginning students (freshmen), 96% of total 447 enrolled students have received any kind of financial aid and its average amount of aid received is $23,821.
At Virginia Military Institute, 1,068 undergraduate students (68% of total 1,560 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $19,593.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 1,068 | 68% | $20,924,904 | $19,593 |
| Pell Grants | 257 | 16% | $1,431,932 | $5,572 |
| Federal Student Loan | 928 | 59% | $5,874,833 | $6,331 |
427 beginning undergraduate students (96% of total 447 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Virginia Military Institute. The average amount of aid received is $23,821.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 427 | 96% | - | - |
| Grants or Scholarships | 362 | 81% | $8,623,068 | $23,821 |
| Federal Grants | 95 | 21% | $545,786 | $5,745 |
| Pell Grants | 84 | 19% | $494,786 | $5,890 |
| Other Federal Grants | 17 | 4% | $51,000 | $3,000 |
| State/Local Grants | 104 | 23% | $926,510 | $8,909 |
| Institutional Grants | 346 | 77% | $7,150,772 | $20,667 |
| Student Loan Aid | 198 | 44% | $2,647,403 | $13,371 |
| Federal Student Loans | 188 | 42% | $1,492,476 | $7,939 |
| Other Student Loans | 51 | 11% | $1,154,927 | $22,646 |
The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2023-2024 at Virginia Military Institute.
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.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 163 | 137 | $2,426,882 | $14,889 |
| 0-30,000 | 16 | 16 | $489,374 | $30,586 |
| 30,001-48,000 | 8 | 7 | $222,064 | $27,758 |
| 48,001-75,000 | 24 | 23 | $556,479 | $23,187 |
| 75,001-110,000 | 21 | 20 | $371,343 | $17,683 |
| 110,001 or more | 94 | 71 | $787,622 | $8,379 |
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