Virginia Tech Tuition 2023: Cost of Attending the University
Interested in attending one of the country’s top research institutions? Learn more about the Virginia Tech Tuition and costs of attending the University, as well as the financial assistance alternatives available.
Tuition and Cost
With nationally renowned academic programs, a variety of undergraduate research options, and good graduate career statistics, Virginia Tech is frequently praised for the quality of its education.
The expected cost of attendance’s tuition, fees, and room and board components represents the typical amount of costs that will appear on a student’s billing account. Direct expenses are those. Your actual costs could differ from these estimates because of fees that are unique to particular universities or degrees, as well as from individual decisions regarding the resident hall, meal plan, and fees for particular courses.
The estimated cost of attendance includes several varying out-of-pocket costs that are not shown on the student’s billing sheet, including books and supplies, travel, and personal expenses. These expenses are indirect ones. Each student will pay a different amount.
Virginia Tech Tuition Student Budget
Here are the expected costs for the 2023–2023 school year so that students can budget for their time at Virginia Tech. These expenses are just estimates for planning.
| ON CAMPUS | OFF CAMPUS | |
|---|---|---|
| Tuition | $12,104 | $12,104 |
| Fees | $2,482 | $2,482 |
| Room | $6,812 | $7,200 |
| Board | $5,868 | $4,828 |
| Books and Supplies | $1,100 | $1,100 |
| Personal | $2,250 | $2,250 |
| Transportation | $1,588 | $1,588 |
| Loan Fees | $70 | $70 |
| Total | $32,274 | $31,622 |
Virginia Tech Tuition Financial Aid
Financial assistance, which is often given based on need or merit, is money that students may use to pay for education.
Your or your family’s showed capacity to pay for college is taken into account when calculating need-based help to use the Free Application for Federal Student Aid, or FAFSA. At Virginia Tech, the average need-based scholarship or grant given to first-year students was $7,236. In addition, need-based financial aid was provided to 43% of first-year students in the autumn of 2023.
Federal loans and work-study programs are two examples of need-based self-help aid. The typical first-year student received $3,547 in need-based self-help aid.
Non-need-based help, often known as merit-based aid, is given in recognition of a student’s aptitude or academic success. Including no athletic scholarships, the typical non-need-based scholarship or grant given to first-year students at Virginia Tech was $3,540.
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Virginia Tech Tuition Scholarship
For the 2023–2023 academic year, Virginia Tech will raise tuition by 3%, although for in-state undergraduate students, a onetime grant will cover the additional cost.
The executive committee of the Virginia Tech Board of Visitors raised tuition by 3% for both graduate and undergraduate students. They subsequently allowed the scholarship in order to “essentially freeze tuition for in-state undergraduate students.”
Although the scholarship will mitigate the increase, they expected Virginia Tech undergraduate base tuition to rise by $353 to an annual $12,104. The yearly increase for out-of-state undergraduate students will be $925, bringing the total to $31,754.
Virginia Tech Tuition Loan
At Virginia Tech, borrowers who have finished their undergraduate degrees have a median federal loan debt of $22,406. The average monthly payment for graduates who took out federal student loans is $224 (if repaid over 10 years at 5.05% interest).
In addition, 13% of Virginia Tech graduates who received diplomas took out private loans. At graduation, students who had taken out private loans owed, on average, $42,277.
Virginia Tech Tuition Work-Study
Student loan debt might be lessened by working while you’re in school. Schools provide campus employment for students searching for extra money during their leisure time and work-study programs for those who qualify. In certain universities, work-study opportunities are assigned to students whereas in others, they must apply for them just like any other employment.
Check whether your college has physical or online job boards before you start your job hunt. To discover a job that fits your hobbies and major, consult your lecturers, fellow students, or career counselors.
Is Virginia Tech Expensive?
The cost of attending Virginia Tech is $34,838 for out-of-state students and $15,208 for in-state students. Virginia Tech’s tuition is more expensive than the $11,286 national average for in-state students.
Is Virginia Tech Hard to Get In?
With a 56% acceptance rate and a 64.3% early acceptance rate, Virginia Tech admissions are competitive. SAT scores between 1210 and 1410 or an ACT score between 26 and 32 are required for admission to Virginia Tech for half of the applicants.
What GPA is Needed for VA Tech?
The minimum cumulative GPA for admission is 3.0 or higher but depending on the applicant’s professional experience and accomplishments as identified through a comprehensive review of your application, that requirement may be waived.
How Prestigious is Virginia Tech?
Out of 443 National Universities, they rate Virginia Tech #62. They rate schools based on how well they perform against a set of recognized measures of quality. View the ranking’s major metrics performance for this institution.
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Does Virginia Tech Give Merit Scholarships?
Each scholarship will have a different value depending on the program’s cost and the money that is available. Only one they will choose beneficiary per student each school year. Financially needy pupils will receive preference. Students do not have to be enrolled in classes at the time of their experience.
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