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71.1%Acceptance
$20,484Tuition
1,560Students
82%Grad Rate (6-yr)
$77,369Earnings
#9 in VirginiaPublic4-yearSAT/ACT Test OptionalLiberal ArtsNCAA Division IStudy AbroadData: 2023-24

Cost Details

In-State Tuition
$20,484
Out-of-State Tuition
$51,186
Average Net Price
$18,849
Students Receiving Financial Aid
16.5%
Room & Board (On Campus)
$10,990
Books & Supplies
$1,200
Total Cost of Attendance
$32,674
Median Debt at Graduation
$22,996
Estimated Monthly Loan Payment
$244/mo
Loan Repayment Rate
84.0%
Students Taking Federal Loans
59.9%
Pell Grant Recipients
16.5%

Net Price by Family Income

Average annual net price after grants and scholarships. Source: U.S. Department of Education

Net price by family income bracket
Family Income Average Net Price
$0 – $30,000 $3,152
$30,001 – $48,000 $5,980
$48,001 – $75,000 $10,551
$75,001 – $110,000 $16,055
$110,001+ $25,359

Cost Estimator

Family Income
Residency
Housing

Cost Overview

Most families pay far less than VMI's $32,674 sticker price. Students from families earning under $30,000 pay just $3,152 after aid, while those from $110,000+ households pay $25,359. The military structure keeps costs predictable across four years, totaling around $75,000 for most cadets. VMI's disciplined financial approach mirrors its military culture.

Graduates leave with $22,996 in median debt, creating monthly payments of $244. With median earnings of $77,369 ten years out, former cadets handle these payments easily. The 83.95% loan repayment rate reflects the career stability that comes from VMI's military training and alumni network. Only 16.47% of students receive federal Pell Grants, suggesting many families can handle the costs.

Low-income students get the best deal here. The combination of significant need-based aid and strong post-graduation earnings makes VMI surprisingly affordable for families who qualify for maximum financial support.

Official Net Price Calculator

Get a personalized cost estimate from Virginia Military Institute:

Visit Official Net Price Calculator

This links to the school's federally-required net price calculator for a personalized estimate.