Virginia Polytechnic Institute and State University

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2016 Undergraduate Tuition

$10,787

2.77% growth from 2015

2016 Average Net Price

$17,190

After Financial Aid

2015 Student Loan

1.89%

Default Rate

2016 Acceptance Rate

70.9%

25,000 Applicants

2016 Enrolled Students

33,170

91.4% Full-Time

2016 Graduation Rate

83.8%

4,298 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 (362 degrees awarded), General Biological Sciences (296 degrees), and General Finance (274 degrees).

In 2016, 8,438 degrees were awarded across all undergraduate and graduate programs at Virginia Polytechnic Institute and State University. 46.8% of these degrees were awarded to women, and 53.2% awarded men. The majority of degree recipients were white (5,790 degrees), 9.28 times more than then the next closest race/ethnicity group, asian (624 degrees).

The median undergraduate tuition at Virginia Polytechnic Institute and State University is $10,787, which is $-15,069 less than the national average for Doctoral Universities ($25,856).

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Costs

The median undergraduate tuition at Virginia Polytechnic Institute and State University is $10,787, which is $-15,069 less than the national average for Doctoral Universities ($25,856).

After taking grants and loans into account, the average net price for students is $17,190.

In 2016, 50% of undergraduate students received federal grants, while 40% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$10,787

2016 Undergraduate Tuition

In 2016, the cost of tuition at Virginia Polytechnic Institute and State University was $10,787. The cost of tuition at Virginia Polytechnic Institute and State University is $-15,069 less than than the overall (public and private) national average for Doctoral Universities ($25,856).

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Average Net Price

$17,190

2016 Value

6.57%

1 Year Growth

In 2016 Virginia Polytechnic Institute and State University had an average net price — the price paid after factoring in grants and loans — of $17,190. Between 2015 and 2016, the average net price of Virginia Polytechnic Institute and State University grew by 6.57%.

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

$8,290

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 $8,290 in 2016. During the same period, the average yearly cost of books and supplies was $1,150. The cost of room and board increased by 0.242% between 2015 and 2016. The cost of books and supplies increased by 1.77% during the same period.

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Financial Aid

Financial Aid by Income Level

50%

Of Undergraduates Receive Grants

40%

Of Undergraduates Receive Federal Loans

50% of undergraduate students at Virginia Polytechnic Institute and State University received grants or loans in 2016. This represents a decline of 3.85% with respect to 2015, 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.

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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.

1.89%

2015 Default Rate

84

Number of Defaults

In 2015 the default rate for borrower's at Virginia Polytechnic Institute and State University was 1.89%, which represents 84 out of the 4445 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 25,000 undergraduate applications in 2016, which represents a 12.2% annual growth. Out of those 25,000 applicants, 17,718 students were accepted for enrollment, representing a 70.9% acceptance rate.

There were 33,170 students enrolled at Virginia Polytechnic Institute and State University in 2016, and 87% of first-time enrollees submitted SAT scores with their applications.

Virginia Polytechnic Institute and State University has an overall enrollment yield of 33.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

70.9%

Acceptance Rate in 2016

17,718

Accepted Out of 25,000

In 2016, the undergraduate acceptance rate of Virginia Polytechnic Institute and State University was 70.9% (17,718 admissions from 25,000 applications). This is lower than the acceptance rate of 2015, which was 73.4%. Between 2015 and 2016, the number of applicants grew by 12.2%, while admissions grew by 8.33%.

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

5,159

Scores Submitted

87% of enrolled first-time students at Virginia Polytechnic Institute and State 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 Polytechnic Institute and State University has a total enrollment of 33,170 students. The full-time enrollment at Virginia Polytechnic Institute and State University is 30,310 students and the part-time enrollment is 2,860. This means that 91.4% 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 63.3% White, 8.76% Asian, 5.48% Hispanic or Latino, 4.22% Black or African American, 3.95% Two or More Races, 0.157% American Indian or Alaska Native, and 0.0995% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Virginia Polytechnic Institute and State University in full-time Undergraduate programs are majority White Male (37%), followed by White Female (29.3%) and Asian Male (5.75%). Students enrolled in full-time Graduate programs are majority White Male (23.6%), followed by White Female (23.2%) and Black or African American Female (2.26%).

Full-Time vs Part-Time Enrollment

91.4%

Full-Time Enrollment

The total enrollment at Virginia Polytechnic Institute and State University, both undergraduate and graduate, is 33,170 students. The full-time enrollment at Virginia Polytechnic Institute and State University is 30,310 and the part-time enrollment is 2,860. This means that 91.4% of students enrolled at Virginia Polytechnic Institute and State 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 Polytechnic Institute and State University (in red) compares to similar universities.

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Retention Rate over Time

93%

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 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

    20,982

  2. Asian

    2,907

  3. Hispanic or Latino

    1,817

The enrolled student population at Virginia Polytechnic Institute and State University is 63.3% White, 8.76% Asian, 5.48% Hispanic or Latino, 4.22% Black or African American, 3.95% Two or More Races, 0.157% American Indian or Alaska Native, and 0.0995% 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, 964 students (2.91%) did not report their race.

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Graduates

In 2016, 546 fewer women than men received degrees from Virginia Polytechnic Institute and State University. The majority of degree recipients at Virginia Polytechnic Institute and State University are white (5,790 degrees awarded). There were 9.28 times more white graduates than the next closest race/ethnicity group, asian (624 degrees).

The most common Bachelor's Degree concentration at Virginia Polytechnic Institute and State University is Mechanical Engineering (362 degrees awarded), followed by General Biological Sciences (296 degrees) and General Finance (274 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 Agriculture (457 degrees awarded), Natural Resources & Conservation (330 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 Miscellaneous managers (438,215 people), Software developers, applications & systems software (339,833 people), Miscellaneous engineers, including nuclear engineers (300,191 people), Civil engineers (233,245 people), and Mechanical engineers (152,129 people).

The most specialized majors at Virginia Polytechnic Institute and State University are Agriculture (457 degrees awarded), Natural Resources & Conservation (330 degrees), Architecture and Related Services (196 degrees), Engineering (1,922 degrees), and Human Sciences (616 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 Economists, Physicians & surgeons, Securities, commodities, & financial services sales agents, Aircraft pilots & flight engineers, and Chief executives & legislators

The most specialized majors at Virginia Polytechnic Institute and State University are Agriculture (457 degrees awarded), Natural Resources & Conservation (330 degrees), Architecture and Related Services (196 degrees), Engineering (1,922 degrees), and Human Sciences (616 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 (532,843 people), Computer Systems Design (380,908 people), Construction (285,390 people), Colleges, universities & professional schools, including junior colleges (214,627 people), and Elementary & secondary schools (183,485 people).

The most specialized majors at Virginia Polytechnic Institute and State University are Agriculture (457 degrees awarded), Natural Resources & Conservation (330 degrees), Architecture and Related Services (196 degrees), Engineering (1,922 degrees), and Human Sciences (616 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. 362 degrees awarded

  2. 296 degrees awarded

  3. 274 degrees awarded

In 2016, the most common bachelors degree concentration at Virginia Polytechnic Institute and State University was Mechanical Engineering with 362 degrees awarded.

This visualization illustrates the percentage of degree 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

Degrees Awarded to Men

  1. 4,492

  2. 3,946

In 2016, 4,492 degrees were awarded to men at Virginia Polytechnic Institute and State University, which is 1.14 times more than the number of degrees awarded to females (3,946).

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 2016, 384 degrees were awarded to men at Virginia Polytechnic Institute and State University in Mechanical Engineering, which is 7.11 times more than the 54 female recipients with that same degree.

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Most Common Female Majors

In 2016, 239 degrees were awarded to women at Virginia Polytechnic Institute and State University in General Human Development & Family Studies, which is 8.54 times more than the 28 male recipients with that same degree.

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Time to Complete

61%

100% Completion Time

83%

150% Completion Time

In 2016, 61% 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, 83% completed their degrees within 150% of the normal time, and 84% 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 (90.6%)

The student demographic with the highest graduation rate at Virginia Polytechnic Institute and State University is Female and Asian (90.6% 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, 0.814% of graduates (35 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    5,790 degrees awarded

  2. Asian

    624 degrees awarded

  3. Hispanic or Latino

    372 degrees awarded

The most common race/ethnicity at Virginia Polytechnic Institute and State University is white (5,790 degrees awarded). There were 9.28 times more white recipients than the next closest race/ethnicity group, asian (624 degrees).

3.15% of degree recipients (266 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    3,015 degrees awarded

  2. White Female

    2,775 degrees awarded

  3. Asian Male

    345 degrees awarded

The most common race/ethnicity and gender grouping at Virginia Polytechnic Institute and State University is white male (3,015 degrees awarded). There were 1.09 times more white male recipients than the next closest race/ethnicity group, white female (2,775 degrees).

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Operations

Virginia Polytechnic Institute and State University has an endowment valued at nearly $810M, as of the end of the 2015 fiscal year. The return on its endowment was of $3.27M (0.404%), compared to the 1.54% average return ($4.18M on $271M) across all Doctoral Universities.

In 2015, Virginia Polytechnic Institute and State University had a total expenditure of $1.28B. Of that $1.28B, they spent $616M on salaries and $1.28B on benefits.

Virginia Polytechnic Institute and State University employs 577 Professors, 511 Associate professors, and 431 Assistant professors. Most academics at Virginia Polytechnic Institute and State University are Male Professors (475), Male Associate professors(329), and Male Assistant professors (260).

The most common positions for non-instructional staff at Virginia Polytechnic Institute and State University are: Office and Administrative Support, with 1270 employees, Business and Financial Operations, with 969 employees, and Computer, Engineering, and Science with 753 employees.

Finances

Endowment

$810M

2015 Endowment

2.71%

growth from 2014

Virginia Polytechnic Institute and State University has an endowment valued at about $810M, as of the end of the 2015 fiscal year. The endowment of Virginia Polytechnic Institute and State University grew 2.71% from the previous year. The value of their endowment was $539M 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. $228M - Federal

  2. $14.2M - State

  3. $14.3M - Local

As of 2015, Virginia Polytechnic Institute and State University received $228M in grants and contracts from the federal government, $14.2M from state grants and contracts, and $14.3M 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.

$616M

Salary Expenditure

$1.28B

Benefits Expenditure

In 2015, Virginia Polytechnic Institute and State University had a total expenditure of $1.28B. Of that $1.28B, they spent $616M on salaries and $1.28B on benefits.

The bar chart shows the share of the primary expenses at Virginia Polytechnic Institute and State 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 Polytechnic Institute and State University as a share of total expenditure.

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Salary Expenditure

$616M

2015 Salaries

3.4%

growth from 2014

In 2015, Virginia Polytechnic Institute and State University paid a median of $616M in salaries, which represents 48.1% of their overall expenditure ($1.28B) and a 3.4% growth from the previous year. This is compared to a 6.39% 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

$183M

Instructional Salaries

1,731

Number of Employees

In 2015, Virginia Polytechnic Institute and State University paid a total of $183M to 1,731 employees working as instructors, which represents 29.8% 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

Professor

Most Common Instructor

577 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

1270 Employees

In 2016, the most common positions for instructional staff at Virginia Polytechnic Institute and State University were Professor with 577 employees; Associate professor with 511 employees; and Associate professor with 431 employees.

In 2016, the most common positions for non-instructional staff at Virginia Polytechnic Institute and State University were Office and Administrative Support with 1,270 employees; Business and Financial Operations with 969 employees; and Computer, Engineering, and Science with 753 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 2016, the most common demographic for instructional staff at Virginia Polytechnic Institute and State University was Male Professor with 475 employees, Male Associate professor with 329 employees, and Male Assistant professor with 260 employees.

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

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