Virginia Polytechnic Institute and State University

www.vt.edu/

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2020 Undergraduate Tuition

$11,420

0% growth from 2019

2020 Average Net Price

$20,247

After Financial Aid

2018 Student Loan

1.27%

Default Rate

2020 Acceptance Rate

65.8%

30,771 Applicants

2020 Enrolled Students

37,024

92% Full-Time

2020 Graduation Rate

86.1%

4,648 Graduates

About

Virginia Polytechnic Institute and State University is a higher education institution located in Montgomery County, VA. In 2020, the most popular Bachelor's Degree concentrations at Virginia Polytechnic Institute and State University were Management Science (442 degrees awarded), Mechanical Engineering (407 degrees), and General Computer & Information Sciences (311 degrees).

In 2020, 9,544 degrees were awarded across all undergraduate and graduate programs at Virginia Polytechnic Institute and State University. 47% of these degrees were awarded to women, and 53% awarded men. The most common race/ethnicity group of degree recipients was white (6,016 degrees), 6.75 times more than then the next closest race/ethnicity group, asian (891 degrees).

The median undergraduate tuition at Virginia Polytechnic Institute and State University is $11,420, which is $−17,143 less than the national average for Doctoral Universities ($28,563).

About the photo: Torg Bridge

Photo by Paul Kurlak

Costs

The median undergraduate tuition at Virginia Polytechnic Institute and State University is $11,420, which is $−17,143 less than the national average for Doctoral Universities ($28,563).

After taking grants and loans into account, the average net price for students is $20,247.

In 2020, 57% of undergraduate students attending Virginia Polytechnic Institute and State University received financial aid through grants. Comparatively, 37% of undergraduate students received financial aid through loans.

Tuition Costs

$11,420

2020 Undergraduate Tuition

In 2020, 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 $−17,143 less than than the overall (public and private) national average for Doctoral Universities ($28,563).

This chart compares the tuition costs of Virginia Polytechnic Institute and State University (in red) with those of other similar universities.

Average Net Price

$20,247

2020 Value

9.75%

1 Year Growth

In 2020 Virginia Polytechnic Institute and State University had an average net price — the price paid after factoring in grants and loans — of $20,247. Between 2019 and 2020, the average net price of Virginia Polytechnic Institute and State University grew by 9.75%.

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.

Other Student Expenses

$9,342

Room and Board

$1,100

Books and Supplies

The average yearly cost of room and board at Virginia Polytechnic Institute and State University was of $9,342 in 2020. During the same period, the average yearly cost of books and supplies was $1,100. The cost of room and board increased by 4.57% between 2019 and 2020. The cost of books and supplies decreased by 4.35% during the same period.

This chart compares the average student costs at Virginia Polytechnic Institute and State University (in red) with that of similar universities.

Financial Aid by Income Level

57%

Undergraduates Receiving Financial Aid through Grants

37%

Undergraduates Receiving Financial Aid through Loans

57% of undergraduate students at Virginia Polytechnic Institute and State University received financial aid through grants or loans in 2020. This represents a growth of 18.8% with respect to 2019, when 48% 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.

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.

1.27%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Virginia Polytechnic Institute and State University was 1.27%, which represents 55 out of the 4342 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.

Admissions

Virginia Polytechnic Institute and State University received 30,771 undergraduate applications in 2020, which represents a 3.76% annual decline. Out of those 30,771 applicants, 20,239 students were accepted for enrollment, representing a 65.8% acceptance rate.

There were 37,024 students enrolled at Virginia Polytechnic Institute and State University in 2020, and 83% of first-time enrollees submitted SAT scores with their applications.

Virginia Polytechnic Institute and State University has an overall enrollment yield of 32.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

65.8%

Acceptance Rate in 2020

20,239

Accepted Out of 30,771

In 2020, the undergraduate acceptance rate of Virginia Polytechnic Institute and State University was 65.8% (20,239 admissions from 30,771 applications). This is lower than the acceptance rate of 2019, which was 70%. Between 2019 and 2020, the number of applicants declined by −3.76%, while admissions declined by −9.62%.

This chart compares the acceptance rate of Virginia Polytechnic Institute and State University (in red) with that of other similar universities.

SAT Scores

83%

Submission Percentage

5,489

Scores Submitted

83% of enrolled first-time students at Virginia Polytechnic Institute and State University in 2020 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.

Enrollment

Virginia Polytechnic Institute and State University has a total enrollment of 37,024 students. The full-time enrollment at Virginia Polytechnic Institute and State University is 34,051 students and the part-time enrollment is 2,973. This means that 92% 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 60.5% White, 10.1% Asian, 7.24% Hispanic or Latino, 4.95% Black or African American, 4.62% Two or More Races, 0.119% American Indian or Alaska Native, and 0.0945% 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 (34.8%), followed by White Female (27.9%) and Asian Male (6.26%). Students enrolled in full-time Graduate programs are most commonly White Female (24.1%), followed by White Male (23%) and Hispanic or Latino Female (2.57%).

Full-Time vs Part-Time Enrollment

92%

Full-Time Enrollment

The total enrollment at Virginia Polytechnic Institute and State University, both undergraduate and graduate, is 37,024 students. The full-time enrollment at Virginia Polytechnic Institute and State University is 34,051 and the part-time enrollment is 2,973. This means that 92% of students enrolled at Virginia Polytechnic Institute and State University are enrolled full-time compared with 76.5% 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.

Retention Rate over Time

93%

2020 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 (85%), 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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
22,390
Asian
3,727
Hispanic or Latino
2,682

The enrolled student population at Virginia Polytechnic Institute and State University is 60.5% White, 10.1% Asian, 7.24% Hispanic or Latino, 4.95% Black or African American, 4.62% Two or More Races, 0.119% American Indian or Alaska Native, and 0.0945% 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% White, 15% Hispanic or Latino, and 9.69% 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, 1,055 students (2.85%) did not report their race.

Graduates

In 2020, 566 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 (6,016 degrees awarded). There were 6.75 times more white graduates than the next closest race/ethnicity group, asian (891 degrees).

The most common Bachelor's Degree concentration at Virginia Polytechnic Institute and State University is Management Science (442 degrees awarded), followed by Mechanical Engineering (407 degrees) and General Computer & Information Sciences (311 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 Architecture and Related Services (214 degrees awarded), Agriculture (453 degrees), and Natural Resources & Conservation (354 degrees).

Common Jobs by Major

Software developers

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 (355,804 people), Other managers (354,379 people), Miscellaneous engineers, including nuclear engineers (316,114 people), Civil engineers (250,869 people), and Mechanical engineers (181,624 people).

The most specialized majors at Virginia Polytechnic Institute and State University are Architecture and Related Services (214 degrees awarded), Agriculture (453 degrees), Natural Resources & Conservation (354 degrees), Engineering (2,144 degrees), and Human Sciences (561 degrees).

Highest Paying Jobs by Major

Surgeons

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, Dentists, Securities, commodities, & financial services sales agents, Physicians, and Chief executives & legislators

Common Industries by Major

Architectural, engineering & related services

Most Common Industry

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 (540,269 people), Computer Systems Design (399,239 people), Construction (307,247 people), Colleges, universities & professional schools, including junior colleges (218,558 people), and Elementary & secondary schools (187,366 people).

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

Management Science
442 degree-majorss awarded
Mechanical Engineering
407 degree-majorss awarded
General Computer & Information Sciences
311 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Virginia Polytechnic Institute and State University was Management Science with 442 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.

Sex Breakdown for Common Majors

5,055

Degrees Awarded to Men

in 2020

4,489

Degrees Awarded to Women

in 2020

In 2020, 5,055 degrees were awarded to men at Virginia Polytechnic Institute and State University, which is 1.13 times more than the number of degrees awarded to females (4,489).

This chart displays the sex disparity between the top 5 majors at Virginia Polytechnic Institute and State University by degrees awarded.

Most Common Male Majors

In 2020, 406 degrees were awarded to men at Virginia Polytechnic Institute and State University in Mechanical Engineering, which is 4.95 times more than the 82 female recipients with that same degree.

Most Common Female Majors

In 2020, 229 degrees were awarded to women at Virginia Polytechnic Institute and State University in General Human Development & Family Studies, which is 14.3 times more than the 16 male recipients with that same degree.

Time to Complete

63%

100% Completion Time

84%

150% Completion Time

In 2020, 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 85% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (92.2%)

The student demographic with the highest graduation rate at Virginia Polytechnic Institute and State University is Female and Asian (92.2% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (72.4%).

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, 3.49% of graduates (162 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
6,016 degrees awarded
Asian
891 degrees awarded
Hispanic or Latino
556 degrees awarded

The most common race/ethnicity at Virginia Polytechnic Institute and State University is white (6,016 degrees awarded). There were 6.75 times more white recipients than the next closest race/ethnicity group, asian (891 degrees).

2.25% of degree recipients (215 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Male
3,114 degrees awarded
White Female
2,902 degrees awarded
Asian Male
484 degrees awarded

The most common race/ethnicity and sex grouping at Virginia Polytechnic Institute and State University is white male (3,114 degrees awarded). There were 1.07 times more white male recipients than the next closest race/ethnicity group, white female (2,902 degrees).

Operations

Virginia Polytechnic Institute and State University has an endowment valued at nearly $1.33B, as of the end of the 2020 fiscal year. The return on its endowment was of $0 (0%), compared to the 3.43% average return ($10.5M on $307M) across all Doctoral Universities.

In 2020, Virginia Polytechnic Institute and State University had a total salary expenditure of $1.57B. Virginia Polytechnic Institute and State University employs 617 Assistant professors, 597 Professors, and 546 Associate professors. Most academics at Virginia Polytechnic Institute and State University are Male Professors (476), Male Assistant professors(348), and Male Associate professors (338).

The most common positions for non-instructional staff at Virginia Polytechnic Institute and State University are: Business and Financial Operations, with 1596 employees, Office and Administrative Support, with 1234 employees, and Computer, Engineering, and Science with 704 employees.

Endowment

$1.33B

2020 Endowment

1.42%

decline from 2019

Virginia Polytechnic Institute and State University has an endowment valued at about $1.33B, as of the end of the 2020 fiscal year. The endowment of Virginia Polytechnic Institute and State University declined 1.42% from the previous year. The value of their endowment was $1.02B 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.

Government Grants and Contracts

Grants & Contracts

$239M - Federal
$14.8M - State
$14.3M - Local

As of 2020, Virginia Polytechnic Institute and State University received $239M in grants and contracts from the federal government, $14.8M from state grants and contracts, and $14.3M from local grants and contracts.

Salary Expenditure

$749M

2020 Salaries

5.78%

growth from 2019

In 2020, Virginia Polytechnic Institute and State University paid a median of $749M in salaries, which represents 47.8% of their overall expenditure ($1.57B) and a 5.78% growth from the previous year. This is compared to a 4.3% growth from 2018 and a 4.62% growth from 2017.

The median for similar Doctoral Universities is 238M (42.6% of overall expenditures).

Instructional Salaries

$227M

Instructional Salaries

2,057

Number of Employees

In 2020, Virginia Polytechnic Institute and State University paid a total of $227M to 2,057 employees working as instructors, which represents 30.4% of all salaries paid.

This is compared to a median of $70.3M (29.6%) for similar Doctoral Universities.

Occupations by Share

Assistant professor

Most Common Instructor

617 Employees

Business and Financial Operations

Most Common Non-Instructional Employee

1596 Employees

In 2020, the most common positions for instructional staff at Virginia Polytechnic Institute and State University were Assistant professor with 617 employees; Professor with 597 employees; and Professor with 546 employees.

In 2020, the most common positions for non-instructional staff at Virginia Polytechnic Institute and State University were Business and Financial Operations with 1,596 employees; Office and Administrative Support with 1,234 employees; and Computer, Engineering, and Science with 704 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Male Professor
Male Assistant professor
Male Associate professor

In 2020, the most common demographic for instructional staff at Virginia Polytechnic Institute and State University was Male Professor with 476 employees, Male Assistant professor with 348 employees, and Male Associate professor with 338 employees.

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