Virginia Commonwealth University

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2016 Undergraduate Tuition

$10,846

1.66% growth from 2015

2016 Average Net Price

$20,544

After Financial Aid

2015 Student Loan

3.73%

Default Rate

2016 Acceptance Rate

81.2%

15,629 Applicants

2016 Enrolled Students

30,872

82.1% Full-Time

2016 Graduation Rate

61.9%

2,187 Graduates

About

Virginia Commonwealth University is a higher education institution located in Richmond city, VA. In 2016, the most popular Bachelor's Degree concentrations at Virginia Commonwealth University were General Psychology (531 degrees awarded), General Biological Sciences (396 degrees), and General Business (334 degrees).

In 2016, 7,912 degrees were awarded across all undergraduate and graduate programs at Virginia Commonwealth University. 60.8% of these degrees were awarded to women, and 39.2% awarded men. The majority of degree recipients were white (4,408 degrees), 3.85 times more than then the next closest race/ethnicity group, black or african american (1146 degrees).

The median undergraduate tuition at Virginia Commonwealth University is $10,846, which is $-15,010 less than the national average for Doctoral Universities ($25,856).

Costs

The median undergraduate tuition at Virginia Commonwealth University is $10,846, which is $-15,010 less than the national average for Doctoral Universities ($25,856).

After taking grants and loans into account, the average net price for students is $20,544.

In 2016, 55% of undergraduate students received federal grants, while 50% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$10,846

2016 Undergraduate Tuition

In 2016, the cost of tuition at Virginia Commonwealth University was $10,846. The cost of tuition at Virginia Commonwealth University is $-15,010 less than than the overall (public and private) national average for Doctoral Universities ($25,856).

This chart compares the tuition costs of Virginia Commonwealth University (in red) with those of other similar universities.

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Average Net Price

$20,544

2016 Value

3.25%

1 Year Growth

In 2016 Virginia Commonwealth University had an average net price — the price paid after factoring in grants and loans — of $20,544. Between 2015 and 2016, the average net price of Virginia Commonwealth University grew by 3.25%.

This chart compares the average net price of Virginia Commonwealth 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

$11,280

Room and Board

$2,804

Books and Supplies

The average yearly cost of room and board at Virginia Commonwealth University was of $11,280 in 2016. During the same period, the average yearly cost of books and supplies was $2,804. The cost of room and board increased by 5.01% between 2015 and 2016. The cost of books and supplies increased by 3.28% during the same period.

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

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Financial Aid

Financial Aid by Income Level

55%

Of Undergraduates Receive Grants

50%

Of Undergraduates Receive Federal Loans

55% of undergraduate students at Virginia Commonwealth University received grants or loans in 2016. This represents a growth of 0% with respect to 2015, when 55% of undergraduate students received financial aid.

This chart compares the average award discount at Virginia Commonwealth 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.

3.73%

2015 Default Rate

246

Number of Defaults

In 2015 the default rate for borrower's at Virginia Commonwealth University was 3.73%, which represents 246 out of the 6591 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 Commonwealth University received 15,629 undergraduate applications in 2016, which represents a 5.49% annual growth. Out of those 15,629 applicants, 12,683 students were accepted for enrollment, representing a 81.2% acceptance rate.

There were 30,872 students enrolled at Virginia Commonwealth University in 2016, and 83% of first-time enrollees submitted SAT scores with their applications.

Virginia Commonwealth University has an overall enrollment yield of 32.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

81.2%

Acceptance Rate in 2016

12,683

Accepted Out of 15,629

In 2016, the undergraduate acceptance rate of Virginia Commonwealth University was 81.2% (12,683 admissions from 15,629 applications). This is higher than the acceptance rate of 2015, which was 79%. Between 2015 and 2016, the number of applicants grew by 5.49%, while admissions grew by 8.43%.

This chart compares the acceptance rate of Virginia Commonwealth University (in red) with that of other similar universities.

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SAT Scores

83%

Submission Percentage

3,432

Scores Submitted

83% of enrolled first-time students at Virginia Commonwealth University in 2016 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 Commonwealth University has a total enrollment of 30,872 students. The full-time enrollment at Virginia Commonwealth University is 25,337 students and the part-time enrollment is 5,535. This means that 82.1% of students enrolled at Virginia Commonwealth University are enrolled full-time.

The enrolled student population at Virginia Commonwealth University, both undergraduate and graduate, is 50.3% White, 16.5% Black or African American, 12.3% Asian, 7.27% Hispanic or Latino, 5.04% Two or More Races, 0.256% American Indian or Alaska Native, and 0.12% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Virginia Commonwealth University in full-time Undergraduate programs are majority White Female (26.9%), followed by White Male (19.9%) and Black or African American Female (12.6%). Students enrolled in full-time Graduate programs are majority White Female (32.5%), followed by White Male (21.5%) and Asian Female (8.36%).

Full-Time vs Part-Time Enrollment

82.1%

Full-Time Enrollment

The total enrollment at Virginia Commonwealth University, both undergraduate and graduate, is 30,872 students. The full-time enrollment at Virginia Commonwealth University is 25,337 and the part-time enrollment is 5,535. This means that 82.1% of students enrolled at Virginia Commonwealth University are enrolled full-time compared with 78.1% at similar Doctoral Universities.

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

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Retention Rate over Time

86%

2016 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 Commonwealth University was 86%. Compared with the full-time retention rate at similar Doctoral Universities (83%), Virginia Commonwealth University had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    15,515

  2. Black or African American

    5,100

  3. Asian

    3,808

The enrolled student population at Virginia Commonwealth University is 50.3% White, 16.5% Black or African American, 12.3% Asian, 7.27% Hispanic or Latino, 5.04% Two or More Races, 0.256% American Indian or Alaska Native, and 0.12% 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 51.9% White, 12.8% Hispanic or Latino, and 9.36% 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, 936 students (3.03%) did not report their race.

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Graduates

In 2016, 1704 more women than men received degrees from Virginia Commonwealth University. The majority of degree recipients at Virginia Commonwealth University are white (4,408 degrees awarded). There were 3.85 times more white graduates than the next closest race/ethnicity group, black or african american (1146 degrees).

The most common Bachelor's Degree concentration at Virginia Commonwealth University is General Psychology (531 degrees awarded), followed by General Biological Sciences (396 degrees) and General Business (334 degrees).

The most specialized majors across all degree types at Virginia Commonwealth University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Cultural & Gender Studies (84 degrees awarded), Visual & Performing Arts (596 degrees), and Interdisciplinary Studies (377 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 Commonwealth University are Physicians & surgeons (436,933 people), Elementary & middle school teachers (279,455 people), Miscellaneous managers (267,263 people), Postsecondary teachers (216,426 people), and Designers (196,106 people).

The most specialized majors at Virginia Commonwealth University are Cultural & Gender Studies (84 degrees awarded), Visual & Performing Arts (596 degrees), Interdisciplinary Studies (377 degrees), Biology (581 degrees), and History (123 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Virginia Commonwealth University are Chief executives & legislators, Physicians & surgeons, Securities, commodities, & financial services sales agents, Dentists, and Dental hygienists

The most specialized majors at Virginia Commonwealth University are Cultural & Gender Studies (84 degrees awarded), Visual & Performing Arts (596 degrees), Interdisciplinary Studies (377 degrees), Biology (581 degrees), and History (123 degrees).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Virginia Commonwealth University are Hospitals (594,625 people), Elementary & secondary schools (504,191 people), Colleges, universities & professional schools, including junior colleges (442,095 people), Offices of physicians (188,237 people), and Computer Systems Design (139,327 people).

The most specialized majors at Virginia Commonwealth University are Cultural & Gender Studies (84 degrees awarded), Visual & Performing Arts (596 degrees), Interdisciplinary Studies (377 degrees), Biology (581 degrees), and History (123 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 Commonwealth University.

Most Common

  1. 531 degrees awarded

  2. 396 degrees awarded

  3. 334 degrees awarded

In 2016, the most common bachelors degree concentration at Virginia Commonwealth University was General Psychology with 531 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Virginia Commonwealth University according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 3,104

  2. 4,808

In 2016, 3,104 degrees were awarded to men at Virginia Commonwealth University, which is 0.646 times less than the number of degrees awarded to females (4,808).

This chart displays the gender disparity between the top 5 majors at Virginia Commonwealth University by degrees awarded.

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Most Common Male Majors

In 2016, 309 degrees were awarded to men at Virginia Commonwealth University in General Business, which is 1.36 times more than the 228 female recipients with that same degree.

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Most Common Female Majors

In 2016, 435 degrees were awarded to women at Virginia Commonwealth University in General Psychology, which is 3.66 times more than the 119 male recipients with that same degree.

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Time to Complete

34%

100% Completion Time

59%

150% Completion Time

In 2016, 34% of students graduating from Virginia Commonwealth University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 59% completed their degrees within 150% of the normal time, and 63% 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.

Asian Female

Highest Graduation Rate (77%)

The student demographic with the highest graduation rate at Virginia Commonwealth University is Female and Asian (77% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (67.2%).

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, 1.42% of graduates (31 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    4,408 degrees awarded

  2. Black or African American

    1,146 degrees awarded

  3. Asian

    939 degrees awarded

The most common race/ethnicity at Virginia Commonwealth University is white (4,408 degrees awarded). There were 3.85 times more white recipients than the next closest race/ethnicity group, black or african american (1146 degrees).

2.22% of degree recipients (176 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    2,618 degrees awarded

  2. White Male

    1,790 degrees awarded

  3. Black or African American Female

    792 degrees awarded

The most common race/ethnicity and gender grouping at Virginia Commonwealth University is white female (2,618 degrees awarded). There were 1.46 times more white female recipients than the next closest race/ethnicity group, white male (1,790 degrees).

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Operations

Virginia Commonwealth University has an endowment valued at nearly $649M, as of the end of the 2015 fiscal year. The return on its endowment was of $8.12M (1.25%), compared to the 1.54% average return ($4.18M on $271M) across all Doctoral Universities.

In 2015, Virginia Commonwealth University had a total expenditure of $977M. Of that $977M, they spent $447M on salaries and $977M on benefits.

Virginia Commonwealth University employs 482 Assistant professors, 351 Associate professors, and 208 Professors. Most academics at Virginia Commonwealth University are Female Assistant professors (255), Male Assistant professors(227), and Male Associate professors (180).

The most common positions for non-instructional staff at Virginia Commonwealth University are: Computer, Engineering, and Science, with 488 employees, Business and Financial Operations, with 477 employees, and Office and Administrative Support with 468 employees.

Finances

Endowment

$649M

2015 Endowment

1.55%

growth from 2014

Virginia Commonwealth University has an endowment valued at about $649M, as of the end of the 2015 fiscal year. The endowment of Virginia Commonwealth University grew 1.55% from the previous year. The value of their endowment was $378M higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Virginia Commonwealth 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. $157M - Federal

  2. $6.87M - State

  3. $236k - Local

As of 2015, Virginia Commonwealth University received $157M in grants and contracts from the federal government, $6.87M from state grants and contracts, and $236k from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$447M

Salary Expenditure

$977M

Benefits Expenditure

In 2015, Virginia Commonwealth University had a total expenditure of $977M. Of that $977M, they spent $447M on salaries and $977M on benefits.

The bar chart shows the share of the primary expenses at Virginia Commonwealth University over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Doctoral Universities Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Virginia Commonwealth University as a share of total expenditure.

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Salary Expenditure

$447M

2015 Salaries

2.97%

growth from 2014

In 2015, Virginia Commonwealth University paid a median of $447M in salaries, which represents 45.7% of their overall expenditure ($977M) and a 2.97% growth from the previous year. This is compared to a 3.45% growth from 2013 and a 3.57% growth from 2012.

The median for similar Doctoral Universities is 206M (43.4% of overall expenditures).

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Instructional Salaries

$104M

Instructional Salaries

1,190

Number of Employees

In 2015, Virginia Commonwealth University paid a total of $104M to 1,190 employees working as instructors, which represents 23.2% of all salaries paid.

This is compared to a median of $62.1M (30.2%) for similar Doctoral Universities.

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Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

482 Employees

Computer, Engineering, and Science

Most Common Non-Instructional Employee

488 Employees

In 2016, the most common positions for instructional staff at Virginia Commonwealth University were Assistant professor with 482 employees; Associate professor with 351 employees; and Associate professor with 208 employees.

In 2016, the most common positions for non-instructional staff at Virginia Commonwealth University were Computer, Engineering, and Science with 488 employees; Business and Financial Operations with 477 employees; and Office and Administrative Support with 468 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Female Assistant professor

  2. Male Assistant professor

  3. Male Associate professor

In 2016, the most common demographic for instructional staff at Virginia Commonwealth University was Female Assistant professor with 255 employees, Male Assistant professor with 227 employees, and Male Associate professor with 180 employees.

This chart shows the gender split between each academic rank present at Virginia Commonwealth University.

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