Virginia Polytechnic Institute and State University

www.vt.edu

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2024 Undergraduate Tuition

$13,152

3.58% growth from 2023

2024 Average Net Price

$24,912

After Financial Aid

2024 Acceptance Rate

54.8%

52,498 Applicants

2024 Enrolled Students

38,857

92.9% Full-Time

2024 Graduation Rate

86.3%

5,339 Graduates

About

Virginia Polytechnic Institute and State University is a higher education institution located in Montgomery County, VA. In 2024, the most popular Bachelors Degree concentrations at Virginia Polytechnic Institute and State University were Management Science (542 degrees awarded), General Computer & Information Sciences (517 degrees), and Mechanical Engineering (352 degrees).

In 2024, 10,849 degrees were awarded across all undergraduate and graduate programs at Virginia Polytechnic Institute and State University. 44.4% of these degrees were awarded to women, and 55.6% awarded men. The most common race/ethnicity group of degree recipients was white (6,261 degrees), 5 times more than then the next closest race/ethnicity group, asian (1,253 degrees).

The median undergraduate tuition at Virginia Polytechnic Institute and State University is $13,152, which is $−18,768 less than the national average for Doctoral Universities ($31,920).

About the photo: Torg Bridge

Photo by Paul Kurlak

Doctoral Universities: Highest Research Activity Doctoral Universities

Costs

In 2024, the median undergraduate tuition at Virginia Polytechnic Institute and State University is $13,152, which is $18,768 less than the national average for Doctoral Universities ($31,920).

After taking grants and loans into account, the average net price for students is $24,912.

In 2024, 52% of undergraduate students attending Virginia Polytechnic Institute and State University received financial aid through grants. Comparatively, 34% of undergraduate students received financial aid through loans.

Tuition Costs

$13,152

2024 Undergraduate Tuition

In 2024, the cost of tuition at Virginia Polytechnic Institute and State University was $13,152. The cost of tuition at Virginia Polytechnic Institute and State University is $−18,768 less than than the overall (public and private) national average for Doctoral Universities ($31,920).

This chart compares the tuition costs of Virginia Polytechnic Institute and State University (in red) with those of other similar universities.

Average Net Price

$24,912

2024 Value

12.2%

1 Year Growth

In 2024 Virginia Polytechnic Institute and State University had an average net price — the price paid after factoring in grants and loans — of $24,912. Between 2023 and 2024, the average net price of Virginia Polytechnic Institute and State University grew by 12.2%.

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.

Other Student Expenses

$13,733

Room and Board

$2,620

Books and Supplies

The average yearly cost of room and board at Virginia Polytechnic Institute and State University was of $13,733 in 2024. The cost of room and board increased by 11.2% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $2,620. The cost of books and supplies increased by 138% 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.

Financial Aid by Income Level

52%

Undergraduates Receiving Financial Aid through Grants

34%

Undergraduates Receiving Financial Aid through Loans

52% of undergraduate students at Virginia Polytechnic Institute and State University received financial aid through grants or loans in 2024. This represents a growth of 0% with respect to 2023, when 52% 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.

Admissions

Virginia Polytechnic Institute and State University received 52,498 undergraduate applications in 2024, which represents a 11.2% annual growth. Out of those 52,498 applicants, 28,758 students were accepted for enrollment, representing a 54.8% acceptance rate.

There were 38,857 students enrolled at Virginia Polytechnic Institute and State University in 2024. 41% of first-time enrollees submitted SAT scores with their applications.

Virginia Polytechnic Institute and State University has an overall enrollment yield of 25.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

54.8%

Acceptance Rate in 2024

28,758

Accepted Out of 52,498

In 2024, the undergraduate acceptance rate of Virginia Polytechnic Institute and State University was 54.8% (28,758 admissions from 52,498 applications). This is lower than the acceptance rate of 2023, which was 57%. Between 2023 and 2024, the number of applicants grew by 11.2%, while admissions grew by 6.82%.

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

SAT Scores

41%

Submission Percentage (2024)

3,010

Scores Submitted (2024)

41% of enrolled first-time students at Virginia Polytechnic Institute and State University 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.

Enrollment

Virginia Polytechnic Institute and State University had a total enrollment of 38,857 students in 2024. The full-time enrollment at Virginia Polytechnic Institute and State University is 36,081 students and the part-time enrollment is 2,776. This means that 92.9% 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 54.1% White, 12.3% Asian, 8.99% Hispanic or Latino, 5.66% Black or African American, 5.17% Two or More Races, 0.0849% American Indian or Alaska Native, and 0.0438% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Virginia Polytechnic Institute and State University in full-time Undergraduate programs are most commonly White Male (31.9%), followed by White Female (25.7%) and Asian Male (7.58%). Students enrolled in full-time Graduate programs are most commonly White Female (21%), followed by White Male (17.6%) and Asian Male (2.98%).

Full-Time vs Part-Time Enrollment

92.9%

Full-Time Enrollment

The total enrollment at Virginia Polytechnic Institute and State University in 2024, both undergraduate and graduate, is 38,857 students. The full-time enrollment at Virginia Polytechnic Institute and State University is 36,081 and the part-time enrollment is 2,776. This means that 92.9% of students enrolled at Virginia Polytechnic Institute and State University are enrolled full-time compared with 77.3% 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.

Retention Rate over Time

93%

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 Polytechnic Institute and State University was 93%. Compared with the full-time retention rate at similar Doctoral Universities (82%), 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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
21,019 enrolled students
Asian
4,768 enrolled students
Hispanic or Latino
3,493 enrolled students

The enrolled student population at Virginia Polytechnic Institute and State University is 54.1% White, 12.3% Asian, 8.99% Hispanic or Latino, 5.66% Black or African American, 5.17% Two or More Races, 0.0849% American Indian or Alaska Native, and 0.0438% 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 46.2% White, 16.3% Hispanic or Latino, and 10.4% 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, 1,150 students (2.96%) did not report their race.

Graduates

In 2024, 1,217 fewer women than men received degrees from Virginia Polytechnic Institute and State University. The most common race/ethnicity group of degree recipients at Virginia Polytechnic Institute and State University is white (6,261 degrees awarded). There were 5 times more white recipients than the next closest race/ethnicity group, asian (1,253 degrees).

The most common Bachelor's Degree concentration at Virginia Polytechnic Institute and State University is Management Science (542 degrees awarded), followed by General Computer & Information Sciences (517 degrees) and Mechanical Engineering (352 degrees).

In 2024, 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 Architecture and Related Services (261 degrees awarded), Natural Resources & Conservation (407 degrees), and Engineering (2,342 degrees).

Common Jobs by Major

Software developers

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 Software developers (484,863 people), Other managers (374,144 people), Miscellaneous engineers, including nuclear engineers (368,313 people), Civil engineers (313,864 people), and Mechanical engineers (219,807 people).

The most specialized majors at Virginia Polytechnic Institute and State University in 2024 are Architecture and Related Services (261 degrees awarded), Natural Resources & Conservation (407 degrees), Engineering (2,342 degrees), Agriculture (565 degrees), and Human Sciences (472 degrees) (as of 2024).

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 Polytechnic Institute and State University are Surgeons, Diagnostic medical sonographers, Cardiovascular technologists and technicians, Podiatrists, and Nurse anesthetists

The most specialized majors at Virginia Polytechnic Institute and State University are Architecture and Related Services (261 degrees awarded), Natural Resources & Conservation (407 degrees), Engineering (2,342 degrees), Agriculture (565 degrees), and Human Sciences (472 degrees) (as of 2024).

Common Industries by Major

Architectural, engineering & related services

Most Common Industry

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 (607,756 people), Computer Systems Design (492,470 people), Construction (373,356 people), Colleges, universities & professional schools, including junior colleges (245,771 people), and Elementary & secondary schools (219,953 people).

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.

General Agricultural Production Operations

Most Common (2024)

54 degrees awarded

In 2024, the most common associates degree concentration at Virginia Polytechnic Institute and State University was General Agricultural Production Operations with 54 degrees awarded.

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

Sex Breakdown for Common Majors

6,033

Degrees Awarded to Men

in 2024

4,816

Degrees Awarded to Women

in 2024

In 2024, 6,033 degrees were awarded to men at Virginia Polytechnic Institute and State University, which is 1.25 times more than the number of degrees awarded to females (4,816).

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

Most Common Male Majors

In 2024, 624 degrees were awarded to men at Virginia Polytechnic Institute and State University in General Computer & Information Sciences, which is 3.67 times more than the 170 female recipients with that same degree.

Most Common Female Majors

In 2024, 214 degrees were awarded to men at Virginia Polytechnic Institute and State University in General Biological Sciences, which is 2.02 times more than the 106 male recipients with that same degree.

Time to Complete

70%

100% Completion Time

87%

150% Completion Time

In 2024, 70% 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, 87% completed their degrees within 150% of the normal time, and 88% 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.

Graduation Rate by Race and Sex

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 in 2024 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 (75.5%).

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, 1.91% of graduates (102 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
6,261 degrees awarded
Asian
1,253 degrees awarded
Hispanic or Latino
876 degrees awarded

The most common race/ethnicity at Virginia Polytechnic Institute and State University is white (6,261 degrees awarded). There were 5 times more white recipients than the next closest race/ethnicity group, asian (1,253 degrees).

1.83% of degree recipients (199 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Male
3,514 degrees awarded
White Male
3,416 degrees awarded
White Male
3,392 degrees awarded

The most common race/ethnicity and sex grouping at Virginia Polytechnic Institute and State University is white male (3,514 degrees awarded). There were 1.03 times more white male recipients than the next closest race/ethnicity group, white male (3,416 degrees).

Operations

Virginia Polytechnic Institute and State University has an endowment valued at nearly $1.94B, as of the end of the 2024 fiscal year. The return on its endowment was of 88.8M (4.58%) compared to the 9.4% average return (23.7M on 252M) across all Doctoral Universities.

In 2024, Virginia Polytechnic Institute and State University had a total salary expenditure of 1.98B. Virginia Polytechnic Institute and State University employs 659 Professors, 635 Associate professors and 619 Assistant professors. Most academics at Virginia Polytechnic Institute and State University are Male Professor (488), Male Associate professor (377), and Male Assistant professor (336).

The most common positions for non-instructional staff at Virginia Polytechnic Institute and State University are: Business and Financial Operations, with 2,389 employees, Office and Administrative Support, with 1,171 employees, and Research with 734 employees.

Endowment

$1.94B

2024 Endowment

2.64%

growth from 2023

Virginia Polytechnic Institute and State University has an endowment valued at about $1.94B, as of the end of the 2024 fiscal year. The endowment of Virginia Polytechnic Institute and State University grew 2.64% from the previous year. The value of their endowment was $1.69B 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.

Government Grants and Contracts

Grants & Contracts

$336M - Federal
$33.2M - State
$17.1M - Local

As of 2024, Virginia Polytechnic Institute and State University received $336M in grants and contracts from the federal government, $33.2M from state grants and contracts, and $17.1M from local grants and contracts.

Salary Expenditure

$966M

2024 Salaries

9.31%

growth from 2023

In 2024, Virginia Polytechnic Institute and State University paid a median of $966M in salaries, which represents 48.8% of their overall expenditure ($1.98B) and a 9.31% growth from the previous year. This is compared to a 10.4% growth between 2022 and 2023, and a 7.1% growth between 2021 and 2022.

Instructional Salaries

$295M

Instructional Salaries

2,206

Number of Employees

In 2024, Virginia Polytechnic Institute and State University paid a total of $295M to 2,206 employees working as instructors, which represents 30.5% of all salaries paid.

This is compared to a median of $4.1M (2.29%) for similar Doctoral Universities.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Virginia Polytechnic Institute and State University were Business and Financial Operations with 2,389 employees, Office and Administrative Support with 1,171 employees, and Research with 734 employees.

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