Virginia Polytechnic Institute and State University

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2019 Undergraduate Tuition
$11,420
0% growth from 2018
2019 Average Net Price
$18,449
After Financial Aid
2017 Student Loan
1.69%
Default Rate
2019 Acceptance Rate
70%
31,974 Applicants
2019 Enrolled Students
36,383
92.4% Full-Time
2018 Graduation Rate
83.8%
4,530 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 (384 degrees awarded), Management Science (381 degrees), and General Finance (325 degrees).

In 2019, 9,563 degrees were awarded across all undergraduate and graduate programs at Virginia Polytechnic Institute and State University. 44.9% of these degrees were awarded to women, and 55.1% awarded men. The most common race/ethnicity group of degree recipients was white (6,091 degrees), 7.23 times more than then the next closest race/ethnicity group, asian (843 degrees).

The median undergraduate tuition at Virginia Polytechnic Institute and State University is $11,420, which is $-17,080 less than the national average for Doctoral Universities ($28,500).

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Costs

The median undergraduate tuition at Virginia Polytechnic Institute and State University is $11,420, which is $-17,080 less than the national average for Doctoral Universities ($28,500).

After taking grants and loans into account, the average net price for students is $18,449.

In 2019, 48% of undergraduate students received federal grants, while 39% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$11,420
2019 Undergraduate Tuition

In 2019, the cost of tuition at Virginia Polytechnic Institute and State University was $11,420. The cost of tuition at Virginia Polytechnic Institute and State University is $-17,080 less than than the overall (public and private) national average for Doctoral Universities ($28,500).

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Average Net Price

$18,449
2019 Value
0.545%
1 Year Growth

In 2019 Virginia Polytechnic Institute and State University had an average net price — the price paid after factoring in grants and loans — of $18,449. Between 2018 and 2019, the average net price of Virginia Polytechnic Institute and State University grew by 0.545%.

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

$8,934
Room and Board
$1,150
Books and Supplies

The average yearly cost of room and board at Virginia Polytechnic Institute and State University was of $8,934 in 2019. During the same period, the average yearly cost of books and supplies was $1,150. The cost of room and board increased by 0.157% 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

48%
Of Undergraduates Receive Grants
39%
Of Undergraduates Receive Federal Loans

48% of undergraduate students at Virginia Polytechnic Institute and State University received grants or loans in 2019. This represents a decline of 4% with respect to 2018, 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%
2017 Default Rate
72
Number of Defaults

In 2017 the default rate for borrower's at Virginia Polytechnic Institute and State University was 1.69%, which represents 72 out of the 4269 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 31,974 undergraduate applications in 2019, which represents a 0.119% annual growth. Out of those 31,974 applicants, 22,393 students were accepted for enrollment, representing a 70% acceptance rate.

There were 36,383 students enrolled at Virginia Polytechnic Institute and State University in 2019, and 87% of first-time enrollees submitted SAT scores with their applications.

Virginia Polytechnic Institute and State University has an overall enrollment yield of 34.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

70%
Acceptance Rate in 2019
22,393
Accepted Out of 31,974

In 2019, the undergraduate acceptance rate of Virginia Polytechnic Institute and State University was 70% (22,393 admissions from 31,974 applications). This is higher than the acceptance rate of 2018, which was 64.8%. Between 2018 and 2019, the number of applicants grew by 0.119%, while admissions grew by 8.13%.

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

87%
Submission Percentage
6,680
Scores Submitted

87% of enrolled first-time students at Virginia Polytechnic Institute and State University 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 Polytechnic Institute and State University has a total enrollment of 36,383 students. The full-time enrollment at Virginia Polytechnic Institute and State University is 33,617 students and the part-time enrollment is 2,766. This means that 92.4% 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 61.4% White, 9.31% Asian, 6.34% Hispanic or Latino, 4.48% Two or More Races, 4.43% Black or African American, 0.126% American Indian or Alaska Native, and 0.088% 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 (35.9%), followed by White Female (28.5%) and Asian Male (5.75%). Students enrolled in full-time Graduate programs are most commonly White Female (22.7%), followed by White Male (21.4%) and Black or African American Female (2.5%).

Full-Time vs Part-Time Enrollment

92.4%
Full-Time Enrollment

The total enrollment at Virginia Polytechnic Institute and State University, both undergraduate and graduate, is 36,383 students. The full-time enrollment at Virginia Polytechnic Institute and State University is 33,617 and the part-time enrollment is 2,766. This means that 92.4% of students enrolled at Virginia Polytechnic Institute and State University are enrolled full-time compared with 77.6% 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%
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 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
    22,352
  2. Asian
    3,386
  3. Hispanic or Latino
    2,305

The enrolled student population at Virginia Polytechnic Institute and State University is 61.4% White, 9.31% Asian, 6.34% Hispanic or Latino, 4.48% Two or More Races, 4.43% Black or African American, 0.126% American Indian or Alaska Native, and 0.088% 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 50.3% White, 14.3% Hispanic or Latino, and 9.48% 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, 987 students (2.71%) did not report their race.

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Graduates

In 2019, 977 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 (6,091 degrees awarded). There were 7.23 times more white graduates than the next closest race/ethnicity group, asian (843 degrees).

The most common Bachelor's Degree concentration at Virginia Polytechnic Institute and State University is Mechanical Engineering (384 degrees awarded), followed by Management Science (381 degrees) and General Finance (325 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 Natural Resources & Conservation (365 degrees awarded), Engineering (2,267 degrees), and Architecture and Related Services (196 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 Software developers (408,447 people), Other managers (337,764 people), Miscellaneous engineers, including nuclear engineers (331,363 people), Civil engineers (272,294 people), and Mechanical engineers (201,420 people).

The most specialized majors at Virginia Polytechnic Institute and State University are Natural Resources & Conservation (365 degrees awarded), Engineering (2,267 degrees), Architecture and Related Services (196 degrees), Agriculture (422 degrees), and Human Sciences (648 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, Securities, commodities, & financial services sales agents, Physicians, Cardiovascular technologists and technicians, and Diagnostic medical sonographers

The most specialized majors at Virginia Polytechnic Institute and State University are Natural Resources & Conservation (365 degrees awarded), Engineering (2,267 degrees), Architecture and Related Services (196 degrees), Agriculture (422 degrees), and Human Sciences (648 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 (555,599 people), Computer Systems Design (418,440 people), Construction (326,850 people), Colleges, universities & professional schools, including junior colleges (220,312 people), and Elementary & secondary schools (193,046 people).

The most specialized majors at Virginia Polytechnic Institute and State University are Natural Resources & Conservation (365 degrees awarded), Engineering (2,267 degrees), Architecture and Related Services (196 degrees), Agriculture (422 degrees), and Human Sciences (648 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. 384 degree-majorss awarded
  2. 381 degree-majorss awarded
  3. 325 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Virginia Polytechnic Institute and State University was Mechanical Engineering with 384 degrees awarded.

This visualization illustrates the percentage of degree-majors 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

5,270
Degrees Awarded to Men
in 2019
4,293
Degrees Awarded to Women
in 2019

In 2019, 5,270 degrees were awarded to men at Virginia Polytechnic Institute and State University, which is 1.23 times more than the number of degrees awarded to females (4,293).

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 2019, 380 degrees were awarded to men at Virginia Polytechnic Institute and State University in Mechanical Engineering, which is 4.75 times more than the 80 female recipients with that same degree.

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Most Common Female Majors

In 2019, 240 degrees were awarded to women at Virginia Polytechnic Institute and State University in General Human Development & Family Studies, which is 10.9 times more than the 22 male recipients with that same degree.

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Time to Complete

63%
100% Completion Time
84%
150% Completion Time

In 2019, 63% 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, 84% completed their degrees within 150% of the normal time, and 86% 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.
Hispanic or Latino Female
Highest Graduation Rate (93.2%)

The student demographic with the highest graduation rate at Virginia Polytechnic Institute and State University is Female and Hispanic or Latino (93.2% graduation rate). Across all Doctoral Universities, 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, 3% of graduates (136 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    6,091 degrees awarded
  2. Asian
    843 degrees awarded
  3. Hispanic or Latino
    498 degrees awarded

The most common race/ethnicity at Virginia Polytechnic Institute and State University is white (6,091 degrees awarded). There were 7.23 times more white recipients than the next closest race/ethnicity group, asian (843 degrees).

3.16% of degree recipients (302 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Male
    3,212 degrees awarded
  2. White Female
    2,879 degrees awarded
  3. Asian Male
    493 degrees awarded

The most common race/ethnicity and gender grouping at Virginia Polytechnic Institute and State University is white male (3,212 degrees awarded). There were 1.12 times more white male recipients than the next closest race/ethnicity group, white female (2,879 degrees).

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Operations

Virginia Polytechnic Institute and State University has an endowment valued at nearly $1.35B, as of the end of the 2019 fiscal year. The return on its endowment was of $20.5M (1.52%), compared to the 4.24% average return ($13.2M on $311M) across all Doctoral Universities.

In 2019, Virginia Polytechnic Institute and State University had a total salary expenditure of $1.48B. Virginia Polytechnic Institute and State University employs 605 Professors, 584 Assistant professors, and 546 Associate professors. Most academics at Virginia Polytechnic Institute and State University are Male Professors (490), Male Associate professors(340), and Male Assistant professors (327).

The most common positions for non-instructional staff at Virginia Polytechnic Institute and State University are: Business and Financial Operations, with 1527 employees, Office and Administrative Support, with 1261 employees, and Computer, Engineering, and Science with 721 employees.

Finances

Endowment

$1.35B
2019 Endowment
18.6%
growth from 2018

Virginia Polytechnic Institute and State University has an endowment valued at about $1.35B, as of the end of the 2019 fiscal year. The endowment of Virginia Polytechnic Institute and State University grew 18.6% from the previous year. The value of their endowment was $1.04B 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. $236M - Federal
  2. $13.1M - State
  3. $13.7M - Local

As of 2019, Virginia Polytechnic Institute and State University received $236M in grants and contracts from the federal government, $13.1M from state grants and contracts, and $13.7M from local grants and contracts.

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Expenses

Salary Expenditure

$708M
2019 Salaries
4.3%
growth from 2018

In 2019, Virginia Polytechnic Institute and State University paid a median of $708M in salaries, which represents 47.7% of their overall expenditure ($1.48B) and a 4.3% growth from the previous year. This is compared to a 4.62% growth from 2017 and a 3.11% growth from 2016.

The median for similar Doctoral Universities is 234M (42.4% of overall expenditures).

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Instructional Salaries

$230M
Instructional Salaries
2,040
Number of Employees

In 2019, Virginia Polytechnic Institute and State University paid a total of $230M to 2,040 employees working as instructors, which represents 32.5% of all salaries paid.

This is compared to a median of $71.1M (30.3%) for similar Doctoral Universities.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
605 Employees
Business and Financial Operations
Most Common Non-Instructional Employee
1527 Employees

In 2019, the most common positions for instructional staff at Virginia Polytechnic Institute and State University were Professor with 605 employees; Assistant professor with 584 employees; and Assistant professor with 546 employees.

In 2019, the most common positions for non-instructional staff at Virginia Polytechnic Institute and State University were Business and Financial Operations with 1,527 employees; Office and Administrative Support with 1,261 employees; and Computer, Engineering, and Science with 721 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 2019, the most common demographic for instructional staff at Virginia Polytechnic Institute and State University was Male Professor with 490 employees, Male Associate professor with 340 employees, and Male Assistant professor with 327 employees.

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

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