by our College Data Analytics TeamThe sum total of attendance at Virginia Tech can appear tremendous, but remember that the majority of students get some sort of financial assistance. This could be available as scholarships, grants, work-study, or loans.
What financial aid solutions does Virginia Tech offer, and what are you going to be eligible for? Read on for answers.
$17,634 is the usual Virginia Tech's freshman financial aid deal. Approximately 42.0% of first year students get financial aid, the majority of which is in the form of scholarships and grants.
Financial aid helps reduce the cost, or the full retail price of the institution. However, bear in mind that the only true college discount are scholarships & grants.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Virginia Tech you may end up taking on.
The numbers below refer to aid that is provided by Virginia Tech.
36.0% of new students (2,225 total) were offered scholarships at Virginia Tech, averaging $5,405 a piece. This ranks in the top 40th percentile of all schools nationwide.
In addition to scholarships, 16.0% of first year students (1,012 total) got a federal grant, for about $6,653 per person.
The graph below shows the average amount of scholarship and grant aid given to all freshmen.
Grants are typically based on need while scholarships are based on merit or ability.
The table below shows grant and scholarship distributions by family income for first year students getting any kind of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 4.9% | $15,696 |
| Income 30k-48k | 3.5% | $12,824 |
| Income 48k-75k | 4.9% | $7,767 |
| Income 75k-110k | 6.0% | $3,026 |
| Income 110k + | 13.9% | $634 |
The chart above shows students who are receiving Title IV aid which is federal aid from the government including grants, loans, and work-study. Learn more.
48.0% of the 27,811 undergraduates at Virginia Tech receive some sort of grant aid. This is a total of about 13,435 students benefiting from an average of $9,023 each.
Visit the Tuition and Fees page or the Cost Per Credit Hour page to learn more.
| Financial Aid Department Website | www.finaid.vt.edu/ |
| Net Price Calculator | tcc.ruffalonl.com/Virginia Polytechnic Institute and State University/Freshmen-Students |
