Virginia Polytechnic Institute and State University

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2017 Undergraduate Tuition

$11,093

2.84% growth from 2016

2017 Average Net Price

$18,700

After Financial Aid

2016 Student Loan

1.69%

Default Rate

2017 Acceptance Rate

70.1%

27,423 Applicants

2017 Enrolled Students

34,440

91.6% Full-Time

2017 Graduation Rate

84.5%

4,351 Graduates

About

Virginia Polytechnic Institute and State University is a higher education institution located in Montgomery County, VA. In 2016, the most popular Bachelor's Degree concentrations at Virginia Polytechnic Institute and State University were Mechanical Engineering (416 degrees awarded), Management Science (337 degrees), and General Finance (280 degrees).

In 2017, 8,659 degrees were awarded across all undergraduate and graduate programs at Virginia Polytechnic Institute and State University. 44.3% of these degrees were awarded to women, and 55.7% awarded men. The majority of degree recipients were white (5,709 degrees), 8.42 times more than then the next closest race/ethnicity group, asian (678 degrees).

The median undergraduate tuition at Virginia Polytechnic Institute and State University is $11,093, which is $-15,407 less than the national average for Doctoral Universities ($26,500).

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Costs

The median undergraduate tuition at Virginia Polytechnic Institute and State University is $11,093, which is $-15,407 less than the national average for Doctoral Universities ($26,500).

After taking grants and loans into account, the average net price for students is $18,700.

In 2017, 49% of undergraduate students received federal grants, while 40% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$11,093

2017 Undergraduate Tuition

In 2017, the cost of tuition at Virginia Polytechnic Institute and State University was $11,093. The cost of tuition at Virginia Polytechnic Institute and State University is $-15,407 less than than the overall (public and private) national average for Doctoral Universities ($26,500).

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Average Net Price

$18,700

2017 Value

8.78%

1 Year Growth

In 2017 Virginia Polytechnic Institute and State University had an average net price — the price paid after factoring in grants and loans — of $18,700. Between 2016 and 2017, the average net price of Virginia Polytechnic Institute and State University grew by 8.78%.

This chart compares the average net price of Virginia Polytechnic Institute and State University (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

$8,720

Room and Board

$1,210

Books and Supplies

The average yearly cost of room and board at Virginia Polytechnic Institute and State University was of $8,720 in 2017. During the same period, the average yearly cost of books and supplies was $1,210. The cost of room and board increased by 5.19% between 2016 and 2017. The cost of books and supplies increased by 5.22% during the same period.

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

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Financial Aid

Financial Aid by Income Level

49%

Of Undergraduates Receive Grants

40%

Of Undergraduates Receive Federal Loans

49% of undergraduate students at Virginia Polytechnic Institute and State University received grants or loans in 2017. This represents a decline of 2% with respect to 2016, when 50% of undergraduate students received financial aid.

This chart compares the average award discount at Virginia Polytechnic Institute and State University (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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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.

1.69%

2016 Default Rate

76

Number of Defaults

In 2016 the default rate for borrower's at Virginia Polytechnic Institute and State University was 1.69%, which represents 76 out of the 4496 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.

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Admissions

Virginia Polytechnic Institute and State University received 27,423 undergraduate applications in 2017, which represents a 9.69% annual growth. Out of those 27,423 applicants, 19,212 students were accepted for enrollment, representing a 70.1% acceptance rate.

There were 34,440 students enrolled at Virginia Polytechnic Institute and State University in 2017, and 83% of first-time enrollees submitted SAT scores with their applications.

Virginia Polytechnic Institute and State University has an overall enrollment yield of 35.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

70.1%

Acceptance Rate in 2017

19,212

Accepted Out of 27,423

In 2017, the undergraduate acceptance rate of Virginia Polytechnic Institute and State University was 70.1% (19,212 admissions from 27,423 applications). This is lower than the acceptance rate of 2016, which was 70.9%. Between 2016 and 2017, the number of applicants grew by 9.69%, while admissions grew by 8.43%.

This chart compares the acceptance rate of Virginia Polytechnic Institute and State University (in red) with that of other similar universities.

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SAT Scores

83%

Submission Percentage

5,654

Scores Submitted

83% of enrolled first-time students at Virginia Polytechnic Institute and State University in 2017 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.

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Enrollment

Virginia Polytechnic Institute and State University has a total enrollment of 34,440 students. The full-time enrollment at Virginia Polytechnic Institute and State University is 31,564 students and the part-time enrollment is 2,876. This means that 91.6% of students enrolled at Virginia Polytechnic Institute and State University are enrolled full-time.

The enrolled student population at Virginia Polytechnic Institute and State University, both undergraduate and graduate, is 62.9% White, 8.89% Asian, 5.57% Hispanic or Latino, 4.25% Black or African American, 4.03% Two or More Races, 0.145% American Indian or Alaska Native, and 0.105% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Virginia Polytechnic Institute and State University in full-time Undergraduate programs are majority White Male (36.6%), followed by White Female (29.3%) and Asian Male (5.44%). Students enrolled in full-time Graduate programs are majority White Female (23.8%), followed by White Male (23.4%) and Black or African American Female (2.22%).

Full-Time vs Part-Time Enrollment

91.6%

Full-Time Enrollment

The total enrollment at Virginia Polytechnic Institute and State University, both undergraduate and graduate, is 34,440 students. The full-time enrollment at Virginia Polytechnic Institute and State University is 31,564 and the part-time enrollment is 2,876. This means that 91.6% of students enrolled at Virginia Polytechnic Institute and State University are enrolled full-time compared with 78% at similar Doctoral Universities.

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

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Retention Rate over Time

93%

2017 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 Polytechnic Institute and State University was 93%. Compared with the full-time retention rate at similar Doctoral Universities (83%), Virginia Polytechnic Institute and State University had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    21,667

  2. Asian

    3,060

  3. Hispanic or Latino

    1,918

The enrolled student population at Virginia Polytechnic Institute and State University is 62.9% White, 8.89% Asian, 5.57% Hispanic or Latino, 4.25% Black or African American, 4.03% Two or More Races, 0.145% American Indian or Alaska Native, and 0.105% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 51.5% White, 13.4% Hispanic or Latino, and 9.57% 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, 1,007 students (2.92%) did not report their race.

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Graduates

In 2017, 981 fewer women than men received degrees from Virginia Polytechnic Institute and State University. The majority of degree recipients at Virginia Polytechnic Institute and State University are white (5,709 degrees awarded). There were 8.42 times more white graduates than the next closest race/ethnicity group, asian (678 degrees).

The most common Bachelor's Degree concentration at Virginia Polytechnic Institute and State University is Mechanical Engineering (416 degrees awarded), followed by Management Science (337 degrees) and General Finance (280 degrees).

The most specialized majors across all degree types at Virginia Polytechnic Institute and State University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering (2,224 degrees awarded), Architecture and Related Services (197 degrees), and Natural Resources & Conservation (279 degrees).

Workforce

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Virginia Polytechnic Institute and State University are Other managers (358,042 people), Software developers (347,761 people), Miscellaneous engineers, including nuclear engineers (301,017 people), Civil engineers (231,219 people), and Mechanical engineers (172,576 people).

The most specialized majors at Virginia Polytechnic Institute and State University are Engineering (2,224 degrees awarded), Architecture and Related Services (197 degrees), Natural Resources & Conservation (279 degrees), Agriculture (377 degrees), and Human Sciences (569 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Virginia Polytechnic Institute and State University are Surgeons, Dentists, Sales representatives of services, except advertising, insurance, financial services, and travel, Derrick, rotary drill, & service unit operators, & roustabouts, oil, gas, & mining, and Physicians

The most specialized majors at Virginia Polytechnic Institute and State University are Engineering (2,224 degrees awarded), Architecture and Related Services (197 degrees), Natural Resources & Conservation (279 degrees), Agriculture (377 degrees), and Human Sciences (569 degrees).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Virginia Polytechnic Institute and State University are Architectural, engineering & related services (523,759 people), Computer Systems Design (400,263 people), Construction (296,926 people), Colleges, universities & professional schools, including junior colleges (224,550 people), and Elementary & secondary schools (196,496 people).

The most specialized majors at Virginia Polytechnic Institute and State University are Engineering (2,224 degrees awarded), Architecture and Related Services (197 degrees), Natural Resources & Conservation (279 degrees), Agriculture (377 degrees), and Human Sciences (569 degrees).

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Degrees

Majors Awarded

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

Most Common

  1. 416 degrees awarded

  2. 337 degrees awarded

  3. 280 degrees awarded

In 2017, the most common bachelors degree concentration at Virginia Polytechnic Institute and State University was Mechanical Engineering with 416 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Virginia Polytechnic Institute and State University according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 4,820

  2. 3,839

In 2017, 4,820 degrees were awarded to men at Virginia Polytechnic Institute and State University, which is 1.26 times more than the number of degrees awarded to females (3,839).

This chart displays the gender disparity between the top 5 majors at Virginia Polytechnic Institute and State University by degrees awarded.

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Most Common Male Majors

In 2017, 441 degrees were awarded to men at Virginia Polytechnic Institute and State University in Mechanical Engineering, which is 6.89 times more than the 64 female recipients with that same degree.

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Most Common Female Majors

In 2017, 237 degrees were awarded to women at Virginia Polytechnic Institute and State University in General Food, Nutrition, & Wellness Studies, which is 3.7 times more than the 64 male recipients with that same degree.

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Time to Complete

62%

100% Completion Time

83%

150% Completion Time

In 2017, 62% of students graduating from Virginia Polytechnic Institute and State University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 83% completed their degrees within 150% of the normal time, and 85% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Virginia Polytechnic Institute and State University is Male and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (68.1%).

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, 3.19% of graduates (139 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    5,709 degrees awarded

  2. Asian

    678 degrees awarded

  3. Hispanic or Latino

    452 degrees awarded

The most common race/ethnicity at Virginia Polytechnic Institute and State University is white (5,709 degrees awarded). There were 8.42 times more white recipients than the next closest race/ethnicity group, asian (678 degrees).

2.6% of degree recipients (225 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    3,105 degrees awarded

  2. White Female

    2,604 degrees awarded

  3. Asian Male

    396 degrees awarded

The most common race/ethnicity and gender grouping at Virginia Polytechnic Institute and State University is white male (3,105 degrees awarded). There were 1.19 times more white male recipients than the next closest race/ethnicity group, white female (2,604 degrees).

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Operations

Virginia Polytechnic Institute and State University has an endowment valued at nearly $988M, as of the end of the 2017 fiscal year. The return on its endowment was of $18.5M (1.87%), compared to the 5.91% average return ($16.9M on $287M) across all Doctoral Universities.

In 2017, Virginia Polytechnic Institute and State University had a total salary expenditure of $1.38B. Virginia Polytechnic Institute and State University employs 576 Professors, 507 Associate professors, and 491 Assistant professors. Most academics at Virginia Polytechnic Institute and State University are Male Professors (476), Male Associate professors(312), and Male Assistant professors (293).

The most common positions for non-instructional staff at Virginia Polytechnic Institute and State University are: Office and Administrative Support, with 1256 employees, Business and Financial Operations, with 1138 employees, and Computer, Engineering, and Science with 741 employees.

Finances

Endowment

$988M

2017 Endowment

18.2%

growth from 2016

Virginia Polytechnic Institute and State University has an endowment valued at about $988M, as of the end of the 2017 fiscal year. The endowment of Virginia Polytechnic Institute and State University grew 18.2% from the previous year. The value of their endowment was $701M higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Highest Research Activity Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $213M - Federal

  2. $12M - State

  3. $14.2M - Local

As of 2017, Virginia Polytechnic Institute and State University received $213M in grants and contracts from the federal government, $12M from state grants and contracts, and $14.2M from local grants and contracts.

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Expenses

Salary Expenditure

$649M

2017 Salaries

3.11%

growth from 2016

In 2017, Virginia Polytechnic Institute and State University paid a median of $649M in salaries, which represents 46.9% of their overall expenditure ($1.38B) and a 3.11% growth from the previous year. This is compared to a 2.18% growth from 2015 and a 3.4% growth from 2014.

The median for similar Doctoral Universities is 215M (42.7% of overall expenditures).

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Instructional Salaries

$198M

Instructional Salaries

1,806

Number of Employees

In 2017, Virginia Polytechnic Institute and State University paid a total of $198M to 1,806 employees working as instructors, which represents 30.5% of all salaries paid.

This is compared to a median of $146M (22.5%) for similar Doctoral Universities: Highest Research Activity.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

576 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

1256 Employees

In 2017, the most common positions for instructional staff at Virginia Polytechnic Institute and State University were Professor with 576 employees; Associate professor with 507 employees; and Associate professor with 491 employees.

In 2017, the most common positions for non-instructional staff at Virginia Polytechnic Institute and State University were Office and Administrative Support with 1,256 employees; Business and Financial Operations with 1,138 employees; and Computer, Engineering, and Science with 741 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Male Associate professor

  3. Male Assistant professor

In 2017, the most common demographic for instructional staff at Virginia Polytechnic Institute and State University was Male Professor with 476 employees, Male Associate professor with 312 employees, and Male Assistant professor with 293 employees.

This chart shows the gender split between each academic rank present at Virginia Polytechnic Institute and State University.

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