Virginia Military Institute

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2017 Undergraduate Tuition

$8,884

5% growth from 2016

2017 Average Net Price

$16,085

After Financial Aid

2016 Student Loan

2.16%

Default Rate

2017 Acceptance Rate

53.1%

1,718 Applicants

2017 Enrolled Students

1,722

100% Full-Time

2017 Graduation Rate

76.6%

344 Graduates

About

Virginia Military Institute is a higher education institution located in Lexington city, VA. In 2016, the most popular Bachelor's Degree concentrations at Virginia Military Institute were General Economics (68 degrees awarded), General Civil Engineering (61 degrees), and International Relations & Affairs (57 degrees).

In 2017, 394 degrees were awarded across all undergraduate and graduate programs at Virginia Military Institute. 10.2% of these degrees were awarded to women, and 89.8% awarded men. The majority of degree recipients were white (325 degrees), 15.5 times more than then the next closest race/ethnicity group, black or african american (21 degrees).

The median undergraduate tuition at Virginia Military Institute is $8,884, which is $-16,310 less than the national average for Baccalaureate Colleges ($25,194).

Costs

The median undergraduate tuition at Virginia Military Institute is $8,884, which is $-16,310 less than the national average for Baccalaureate Colleges ($25,194).

After taking grants and loans into account, the average net price for students is $16,085.

In 2017, 72% of undergraduate students received federal grants, while 62% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$8,884

2017 Undergraduate Tuition

In 2017, the cost of tuition at Virginia Military Institute was $8,884. The cost of tuition at Virginia Military Institute is $-16,310 less than than the overall (public and private) national average for Baccalaureate Colleges ($25,194).

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Average Net Price

$16,085

2017 Value

0.679%

1 Year Growth

In 2017 Virginia Military Institute had an average net price — the price paid after factoring in grants and loans — of $16,085. Between 2016 and 2017, the average net price of Virginia Military Institute grew by 0.679%.

This chart compares the average net price of Virginia Military Institute (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

$8,968

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Virginia Military Institute was of $8,968 in 2017. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board increased by 3.48% between 2016 and 2017. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

72%

Of Undergraduates Receive Grants

62%

Of Undergraduates Receive Federal Loans

72% of undergraduate students at Virginia Military Institute received grants or loans in 2017. This represents a growth of 9.09% with respect to 2016, when 66% of undergraduate students received financial aid.

This chart compares the average award discount at Virginia Military Institute (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.

2.16%

2016 Default Rate

6

Number of Defaults

In 2016 the default rate for borrower's at Virginia Military Institute was 2.16%, which represents 6 out of the 278 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 Military Institute received 1,718 undergraduate applications in 2017, which represents a 6.78% annual decline. Out of those 1,718 applicants, 913 students were accepted for enrollment, representing a 53.1% acceptance rate.

There were 1,722 students enrolled at Virginia Military Institute in 2017, and 71% of first-time enrollees submitted SAT scores with their applications.

Virginia Military Institute has an overall enrollment yield of 49%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

53.1%

Acceptance Rate in 2017

913

Accepted Out of 1,718

In 2017, the undergraduate acceptance rate of Virginia Military Institute was 53.1% (913 admissions from 1,718 applications). This is higher than the acceptance rate of 2016, which was 50.9%. Between 2016 and 2017, the number of applicants declined by -6.78%, while admissions declined by -2.77%.

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

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SAT Scores

71%

Submission Percentage

357

Scores Submitted

71% of enrolled first-time students at Virginia Military Institute 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 Military Institute has a total enrollment of 1,722 students. The full-time enrollment at Virginia Military Institute is 1,722 students and the part-time enrollment is 0. This means that 100% of students enrolled at Virginia Military Institute are enrolled full-time.

The enrolled student population at Virginia Military Institute, both undergraduate and graduate, is 78.7% White, 7.08% Hispanic or Latino, 6.04% Black or African American, 4.18% Asian, 1.45% Two or More Races, 0.523% American Indian or Alaska Native, and 0.29% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Virginia Military Institute in full-time Undergraduate programs are majority White Male (70.4%), followed by White Female (8.36%) and Hispanic or Latino Male (5.81%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Virginia Military Institute, both undergraduate and graduate, is 1,722 students. The full-time enrollment at Virginia Military Institute is 1,722 and the part-time enrollment is 0. This means that 100% of students enrolled at Virginia Military Institute are enrolled full-time compared with 80.6% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

87%

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 Military Institute was 87%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), Virginia Military Institute had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    1,356

  2. Hispanic or Latino

    122

  3. Black or African American

    104

The enrolled student population at Virginia Military Institute is 78.7% White, 7.08% Hispanic or Latino, 6.04% Black or African American, 4.18% Asian, 1.45% Two or More Races, 0.523% American Indian or Alaska Native, and 0.29% 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 Baccalaureate Colleges is 54.9% White, 14% Black or African American, and 12.6% Hispanic or Latino.

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 students (0.0581%) did not report their race.

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Graduates

In 2017, 314 fewer women than men received degrees from Virginia Military Institute. The majority of degree recipients at Virginia Military Institute are white (325 degrees awarded). There were 15.5 times more white graduates than the next closest race/ethnicity group, black or african american (21 degrees).

The most common Bachelor's Degree concentration at Virginia Military Institute is General Economics (68 degrees awarded), followed by General Civil Engineering (61 degrees) and International Relations & Affairs (57 degrees).

The most specialized majors across all degree types at Virginia Military Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are History (31 degrees awarded), Social Sciences (125 degrees), and Engineering (91 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 Military Institute are Other managers (577,662 people), Lawyers, & judges, magistrates, & other judicial workers (438,801 people), Software developers (407,695 people), Miscellaneous engineers, including nuclear engineers (327,767 people), and Elementary & middle school teachers (287,746 people).

The most specialized majors at Virginia Military Institute are History (31 degrees awarded), Social Sciences (125 degrees), Engineering (91 degrees), Language & Linguistics (14 degrees), and Physical Sciences (21 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 Military Institute are Nuclear medicine technologists and medical dosimetrists, Surgeons, Cardiovascular technologists and technicians, Dentists, and Securities, commodities, & financial services sales agents

The most specialized majors at Virginia Military Institute are History (31 degrees awarded), Social Sciences (125 degrees), Engineering (91 degrees), Language & Linguistics (14 degrees), and Physical Sciences (21 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 Military Institute are Colleges, universities & professional schools, including junior colleges (579,560 people), Computer Systems Design (578,650 people), Elementary & secondary schools (548,387 people), Architectural, engineering & related services (461,587 people), and Legal services (352,485 people).

The most specialized majors at Virginia Military Institute are History (31 degrees awarded), Social Sciences (125 degrees), Engineering (91 degrees), Language & Linguistics (14 degrees), and Physical Sciences (21 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 Military Institute.

Most Common

  1. 68 degrees awarded

  2. 61 degrees awarded

  3. 57 degrees awarded

In 2017, the most common bachelors degree concentration at Virginia Military Institute was General Economics with 68 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 354

  2. 40

In 2017, 354 degrees were awarded to men at Virginia Military Institute, which is 8.85 times more than the number of degrees awarded to females (40).

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

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Most Common Male Majors

In 2017, 63 degrees were awarded to men at Virginia Military Institute in General Economics, which is 12.6 times more than the 5 female recipients with that same degree.

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Most Common Female Majors

In 2017, 8 degrees were awarded to women at Virginia Military Institute in General Biological Sciences, which is 0.25 times less than the 32 male recipients with that same degree.

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Time to Complete

61%

100% Completion Time

74%

150% Completion Time

In 2017, 61% of students graduating from Virginia Military Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 74% completed their degrees within 150% of the normal time, and 75% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges 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 (100%)

The student demographic with the highest graduation rate at Virginia Military Institute is Female and Asian (100% graduation rate). Across all Baccalaureate Colleges, 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, 0% of graduates (0 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    325 degrees awarded

  2. Black or African American

    21 degrees awarded

  3. Hispanic or Latino

    18 degrees awarded

The most common race/ethnicity at Virginia Military Institute is white (325 degrees awarded). There were 15.5 times more white recipients than the next closest race/ethnicity group, black or african american (21 degrees).

0% of degree recipients (0 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    294 degrees awarded

  2. White Female

    31 degrees awarded

  3. Black or African American Male

    19 degrees awarded

The most common race/ethnicity and gender grouping at Virginia Military Institute is white male (294 degrees awarded). There were 9.48 times more white male recipients than the next closest race/ethnicity group, white female (31 degrees).

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Operations

Virginia Military Institute has an endowment valued at nearly $449M, as of the end of the 2017 fiscal year. The return on its endowment was of $1.78M (0.396%), compared to the 7.76% average return ($2.88M on $37.1M) across all Baccalaureate Colleges.

In 2017, Virginia Military Institute had a total salary expenditure of $90.7M. Virginia Military Institute employs 60 Professors, 45 Assistant professors, and 25 Associate professors. Most academics at Virginia Military Institute are Male Professors (51), Female Assistant professors(25), and Male Assistant professors (20).

The most common positions for non-instructional staff at Virginia Military Institute are: Office and Administrative Support, with 83 employees, Service, with 65 employees, and Management with 62 employees.

Finances

Endowment

$449M

2017 Endowment

13.7%

growth from 2016

Virginia Military Institute has an endowment valued at about $449M, as of the end of the 2017 fiscal year. The endowment of Virginia Military Institute grew 13.7% from the previous year. The value of their endowment was $412M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Arts & Sciences Focus Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $91.3k - Federal

  2. $0 - State

  3. $0 - Local

As of 2017, Virginia Military Institute received $91.3k in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$29.8M

2017 Salaries

1.16%

decline from 2016

In 2017, Virginia Military Institute paid a median of $29.8M in salaries, which represents 32.8% of their overall expenditure ($90.7M) and a 1.16% decline from the previous year. This is compared to a 5.12% decline from 2015 and a 2.12% growth from 2014.

The median for similar Baccalaureate Colleges is 14.2M (38.9% of overall expenditures).

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Instructional Salaries

$10.6M

Instructional Salaries

136

Number of Employees

In 2017, Virginia Military Institute paid a total of $10.6M to 136 employees working as instructors, which represents 35.7% of all salaries paid.

This is compared to a median of $8.01M (34.6%) for similar Baccalaureate Colleges: Arts & Sciences Focus.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

60 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

83 Employees

In 2017, the most common positions for instructional staff at Virginia Military Institute were Professor with 60 employees; Assistant professor with 45 employees; and Assistant professor with 25 employees.

In 2017, the most common positions for non-instructional staff at Virginia Military Institute were Office and Administrative Support with 83 employees; Service with 65 employees; and Management with 62 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Female Assistant professor

  3. Male Assistant professor

In 2017, the most common demographic for instructional staff at Virginia Military Institute was Male Professor with 51 employees, Female Assistant professor with 25 employees, and Male Assistant professor with 20 employees.

This chart shows the gender split between each academic rank present at Virginia Military Institute.

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