Virginia Military Institute

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2019 Undergraduate Tuition
$9,284
0% growth from 2018
2019 Average Net Price
$13,428
After Financial Aid
2017 Student Loan
1.8%
Default Rate
2019 Acceptance Rate
59.5%
1,515 Applicants
2019 Enrolled Students
1,698
100% Full-Time
2018 Graduation Rate
77.9%
353 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 International Relations & Affairs (55 degrees awarded), General Civil Engineering (53 degrees), and General Economics (48 degrees).

In 2019, 363 degrees were awarded across all undergraduate and graduate programs at Virginia Military Institute. 12.7% of these degrees were awarded to women, and 87.3% awarded men. The most common race/ethnicity group of degree recipients was white (286 degrees), 11.4 times more than then the next closest race/ethnicity group, hispanic or latino (25 degrees).

The median undergraduate tuition at Virginia Military Institute is $9,284, which is $−17,996 less than the national average for Baccalaureate Colleges ($27,280).

Costs

The median undergraduate tuition at Virginia Military Institute is $9,284, which is $−17,996 less than the national average for Baccalaureate Colleges ($27,280).

After taking grants and loans into account, the average net price for students is $13,428.

In 2019, 70% of undergraduate students received federal grants, while 64% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$9,284
2019 Undergraduate Tuition

In 2019, the cost of tuition at Virginia Military Institute was $9,284. The cost of tuition at Virginia Military Institute is $−17,996 less than than the overall (public and private) national average for Baccalaureate Colleges ($27,280).

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Average Net Price

$13,428
2019 Value
9.26%
1 Year Growth

In 2019 Virginia Military Institute had an average net price — the price paid after factoring in grants and loans — of $13,428. Between 2018 and 2019, the average net price of Virginia Military Institute grew by 9.26%.

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

$9,482
Room and Board
$1,000
Books and Supplies

The average yearly cost of room and board at Virginia Military Institute was of $9,482 in 2019. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board increased by 2.66% between 2018 and 2019. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

70%
Of Undergraduates Receive Grants
64%
Of Undergraduates Receive Federal Loans

70% of undergraduate students at Virginia Military Institute received grants or loans in 2019. This represents a decline of 1.41% with respect to 2018, when 71% 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.
1.8%
2017 Default Rate
5
Number of Defaults

In 2017 the default rate for borrower's at Virginia Military Institute was 1.8%, which represents 5 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 1,515 undergraduate applications in 2019, which represents a 14.3% annual decline. Out of those 1,515 applicants, 902 students were accepted for enrollment, representing a 59.5% acceptance rate.

There were 1,698 students enrolled at Virginia Military Institute in 2019, and 93% of first-time enrollees submitted SAT scores with their applications.

Virginia Military Institute has an overall enrollment yield of 53.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

59.5%
Acceptance Rate in 2019
902
Accepted Out of 1,515

In 2019, the undergraduate acceptance rate of Virginia Military Institute was 59.5% (902 admissions from 1,515 applications). This is higher than the acceptance rate of 2018, which was 51.3%. Between 2018 and 2019, the number of applicants declined by −14.3%, while admissions declined by −0.551%.

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SAT Scores

93%
Submission Percentage
416
Scores Submitted

93% of enrolled first-time students at Virginia Military Institute in 2019 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 1,698 students. The full-time enrollment at Virginia Military Institute is 1,698 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 76.6% White, 7.6% Hispanic or Latino, 6.01% Black or African American, 4.48% Asian, 2.41% Two or More Races, 0.648% American Indian or Alaska Native, and 0.471% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Virginia Military Institute in full-time Undergraduate programs are most commonly White Male (66.6%), followed by White Female (10%) and Hispanic or Latino Male (6.01%). Students enrolled in full-time Graduate programs are most commonly 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 1,698 students. The full-time enrollment at Virginia Military Institute is 1,698 and the part-time enrollment is 0. This means that 100% of students enrolled at Virginia Military Institute are enrolled full-time compared with 81.1% 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

83%
2019 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 83%. 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
    1,301
  2. Hispanic or Latino
    129
  3. Black or African American
    102

The enrolled student population at Virginia Military Institute is 76.6% White, 7.6% Hispanic or Latino, 6.01% Black or African American, 4.48% Asian, 2.41% Two or More Races, 0.648% American Indian or Alaska Native, and 0.471% 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 55% White, 14% Black or African American, and 13.1% 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, 0 students (0%) did not report their race.

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Graduates

In 2019, 271 fewer women than men received degrees from Virginia Military Institute. The most common race/ethnicity group of degree recipients at Virginia Military Institute is white (286 degrees awarded). There were 11.4 times more white graduates than the next closest race/ethnicity group, hispanic or latino (25 degrees).

The most common Bachelor's Degree concentration at Virginia Military Institute is International Relations & Affairs (55 degrees awarded), followed by General Civil Engineering (53 degrees) and General Economics (48 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 (25 degrees awarded), Language & Linguistics (18 degrees), and Social Sciences (103 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 (570,255 people), Software developers (495,918 people), Lawyers, & judges, magistrates, & other judicial workers (436,481 people), Miscellaneous engineers, including nuclear engineers (353,517 people), and Postsecondary teachers (295,451 people).

The most specialized majors at Virginia Military Institute are History (25 degrees awarded), Language & Linguistics (18 degrees), Social Sciences (103 degrees), Engineering (90 degrees), and Physical Sciences (21 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 Military Institute are Surgeons, Agents & business managers of artists, performers, & athletes, Dentists, Cardiovascular technologists and technicians, and Physicians

The most specialized majors at Virginia Military Institute are History (25 degrees awarded), Language & Linguistics (18 degrees), Social Sciences (103 degrees), Engineering (90 degrees), and Physical Sciences (21 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 Military Institute are Computer Systems Design (623,368 people), Colleges, universities & professional schools, including junior colleges (585,124 people), Elementary & secondary schools (554,550 people), Architectural, engineering & related services (471,901 people), and Construction (375,997 people).

The most specialized majors at Virginia Military Institute are History (25 degrees awarded), Language & Linguistics (18 degrees), Social Sciences (103 degrees), Engineering (90 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. 55 degree-majorss awarded
  2. 53 degree-majorss awarded
  3. 48 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Virginia Military Institute was International Relations & Affairs with 55 degrees awarded.

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

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Gender Breakdown for Common Majors

317
Degrees Awarded to Men
in 2019
46
Degrees Awarded to Women
in 2019

In 2019, 317 degrees were awarded to men at Virginia Military Institute, which is 6.89 times more than the number of degrees awarded to females (46).

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 2019, 51 degrees were awarded to men at Virginia Military Institute in General Civil Engineering, which is 25.5 times more than the 2 female recipients with that same degree.

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Most Common Female Majors

In 2019, 10 degrees were awarded to women at Virginia Military Institute in General Biological Sciences, which is 0.417 times less than the 24 male recipients with that same degree.

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Time to Complete

63%
100% Completion Time
77%
150% Completion Time

In 2019, 63% of students graduating from Virginia Military Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 77% completed their degrees within 150% of the normal time, and 77% 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.
Two or More Races Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Virginia Military Institute is Male and Two or More Races (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (69.1%).

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
    286 degrees awarded
  2. Hispanic or Latino
    25 degrees awarded
  3. Black or African American
    22 degrees awarded

The most common race/ethnicity at Virginia Military Institute is white (286 degrees awarded). There were 11.4 times more white recipients than the next closest race/ethnicity group, hispanic or latino (25 degrees).

0.275% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Male
    260 degrees awarded
  2. White Female
    26 degrees awarded
  3. Hispanic or Latino Male
    20 degrees awarded

The most common race/ethnicity and gender grouping at Virginia Military Institute is white male (260 degrees awarded). There were 10 times more white male recipients than the next closest race/ethnicity group, white female (26 degrees).

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Operations

Virginia Military Institute has an endowment valued at nearly $529M, as of the end of the 2019 fiscal year. The return on its endowment was of $1.67M (0.317%), compared to the 3.99% average return ($1.62M on $40.7M) across all Baccalaureate Colleges.

In 2019, Virginia Military Institute had a total salary expenditure of $94.3M. Virginia Military Institute employs 67 Professors, 43 Assistant professors, and 28 Associate professors. Most academics at Virginia Military Institute are Male Professors (56), Male Assistant professors(23), and Female Assistant professors (20).

The most common positions for non-instructional staff at Virginia Military Institute are: Office and Administrative Support, with 78 employees, Service, with 64 employees, and Management with 62 employees.

Finances

Endowment

$529M
2019 Endowment
4.25%
growth from 2018

Virginia Military Institute has an endowment valued at about $529M, as of the end of the 2019 fiscal year. The endowment of Virginia Military Institute grew 4.25% from the previous year. The value of their endowment was $488M 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 2019, 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

$31.1M
2019 Salaries
0.196%
decline from 2018

In 2019, Virginia Military Institute paid a median of $31.1M in salaries, which represents 33% of their overall expenditure ($94.3M) and a 0.196% decline from the previous year. This is compared to a 4.68% growth from 2017 and a 1.16% decline from 2016.

The median for similar Baccalaureate Colleges is 15.5M (41% of overall expenditures).

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Instructional Salaries

$12.5M
Instructional Salaries
143
Number of Employees

In 2019, Virginia Military Institute paid a total of $12.5M to 143 employees working as instructors, which represents 40.3% of all salaries paid.

This is compared to a median of $4.89M (31.6%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
67 Employees
Office and Administrative Support
Most Common Non-Instructional Employee
78 Employees

In 2019, the most common positions for instructional staff at Virginia Military Institute were Professor with 67 employees; Assistant professor with 43 employees; and Assistant professor with 28 employees.

In 2019, the most common positions for non-instructional staff at Virginia Military Institute were Office and Administrative Support with 78 employees; Service with 64 employees; and Management with 62 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic
  1. Male Professor
  2. Male Assistant professor
  3. Female Assistant professor

In 2019, the most common demographic for instructional staff at Virginia Military Institute was Male Professor with 56 employees, Male Assistant professor with 23 employees, and Female Assistant professor with 20 employees.

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

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