Virginia Polytechnic Institute and State University Tuition And Financial Aid

October 10, 2018 by Prasanthi Leave a Comment

Virginia Polytechnic Institute and State University Tuition And Expenses

Cost of Attendance	In-state: $26,010 Out-of-state: $43,190
Tuition and Fees	In-state: $13,230 Out-of-state: $30,410
Room and Board	$8,690
Books and Supplies	$1,150
Other Expenses	$2,940
Payment Plans	Credit card, installment plan

Virginia Polytechnic Institute and State University Applying For Financial Aid

Financial Aid Office
E-mail
Web Site	Financial Aid Web Site
Net Price Calculator URL	Not reported

Application Process
Application Deadline	January 1
Award Notification	On or about April 1
Methodology for Awarding Institutional Aid	Federal Methodology

Forms Required	Cost to File
FAFSA Code is 003754	Free

Virginia Polytechnic Institute and State University Profile Of 2015-16 Financial Aid

Freshmen
Financial Aid Applicants	4,788 (75.8%) of freshmen
Found to Have Financial Need	2,651 (55.4%) of applicants
Received Financial Aid	2,493 (94.0%) of applicants with financial need
Need Fully Met	528 (21.2%) of aid recipients
Average Percent of Need Met	65%
Average Award	$17,742
Need-Based Gift	Received by 1,805 (72.4%) of aid recipients, average amount $7,550
Need-Based Self-Help	Received by 1,827 (73.3%) of aid recipients, average amount $4,032
Merit-Based Gift	Received by 1,126 (45.2%) of aid recipients
Merit-Based Gift	657 (10.4%) of freshmen had no financial need and received merit aid, average amount $3,765

All Undergraduates
Financial Aid Applicants	15,848 (63.9%) of undergraduates
Found to Have Financial Need	10,484 (66.2%) of applicants
Received Financial Aid	10,010 (95.5%) of applicants with financial need
Need Fully Met	1,853 (18.5%) of aid recipients
Average Percent of Need Met	65%
Average Award	$17,594
Need-Based Gift	Received by 7,493 (74.9%) of aid recipients, average amount $7,003
Need-Based Self-Help	Received by 7,758 (77.5%) of aid recipients, average amount $4,735
Merit-Based Gift	Received by 3,418 (34.1%) of aid recipients
Merit-Based Gift	2,862 (11.5%) of undergraduates had no financial need and received merit aid, average amount $3,808

Borrowing
2016 Graduates Who Took Out Loans	51%
Average Indebtedness of 2016 Graduates	$28,884
Parents Borrowing PLUS Loans
Parents of Students Receiving Aid	Not reported
Parents of Students Not Receiving Aid	Not reported

Virginia Polytechnic Institute and State University Financial Aid Programs

Loans
Federal Loans	Direct subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans, Federal Perkins loans
State Loans	Available
Other Loans	College/university loans

Scholarships and Grants
Need-Based Available	Federal Pell grants, SEOG, State scholarships, Institutional scholarships, Private scholarships
Non-Need–Based Available	Academic scholarships, Creative arts/performance scholarships, Music/Drama scholarships, Athletic scholarships, Minority scholarships, State scholarships, ROTC scholarships, Leadership scholarships

Non-Need Awards
Academic Interest/Achievement Award Areas	Library Science
Number of Awards	Not reported
Top Areas (By Money Awarded)
Creative Arts/Performance Award Areas	Applied Art and Design, Art/Fine Arts, Cinema/Film/Broadcasting, Creative Writing, Journalism/Publications, Music, Performing Arts, Theater/Drama
Number of Awards	Not reported
Top Areas (By Money Awarded)
Special Achievements/Activities Award Areas	Cheerleading/Drum Major, Community Service, Leadership, Memberships, Religious Involvement
Number of Awards	Not reported
Top Areas (By Money Awarded)
Special Characteristics Award Areas	Children of Faculty/Staff, First-Generation College Students, Local/State Students, Members of Minorities, Out-of-State Students, Twins, Veterans’ Children
Number of Awards	Not reported
Top Areas (By Money Awarded)

Employment
Work-Study Programs	Federal work study available, other work study available
Average Earnings from On-Campus Employment	Not reported

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