The Virginia Military Institute (VMI) is a public military school close to Lexington, Virginia. The school, founded in 1839, offers ROTC for the Army, Air Force and Navy, giving students the opportunity to be commissioned prior to entering military service. The town of Lexington itself is located at a distance from the military institute. But students will still be able to come into the town to find a restaurant or an activity to enjoy when they aren’t studying.
Overview of Virginia Military Institute
The student enrollment is small: only 1,685. It’s made up entirely of undergraduate students; male students make up 87% of the student body while females make up the remaining 13%. The student-faculty ratio is low at 10 to 1, which means that students will be able to see their instructors when they need additional guidance in any of their classes.
Students who wish to work on dual credits (high school and college), as well as students who have passed one or more AP exams can gain credits for these achievements.
|Campus Setting||Town: Distant|
|Student Faculty Ratio||10:1|
Virginia Military Institute Reviews
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|High School GPA||Recommended|
|High School Rank||Recommended|
|High School Transcripts||Recommended|
|College Prep Courses||Required|
|TOEFL (Test of English as a Foreign Language)||-|
|Application Deadline||February 1|
|Common Application Accepted||No|
Tuition Cost & Financial Aid
At VMI, the total cost includes tuition (in- and out-of-state), books, supplies, room/board, and other expenses. This total amount is just over $32,000. In-state tuition is around $19,100, out-of-state tuition is just under $46,000 books and supplies generally cost $1,000, and that other category accounts for as much as $2,150.
This can be expensive for students and families. Even when financial aid is accounted for, the amount that is left is the average net price. For a recent academic year, the average net price was $14,799. Below you will see this remaining cost broken down by family income.
- Families earning up to $30,000 pay around $11,016
- Families earning between $30,001 and $48,000 pay around $6,357
- Families earning between $48,001 and $75,000 pay around $9,389
- Families earning between $75,001 and $110,000 pay around $16,757
- Families earning $110,001 and more pay around $25,444
Financial aid for freshman students can help tremendously. In a previous year grants and scholarships helped 290 students (68% of the freshman class) with an average award of $17,188. Institutional grants and scholarships helped 280 students (66%) with an average amount of $14,689.
|Average net price||2017-2018|
|Average Total Aid||$17,188|
|Students Receiving Financial Aid||94%|
|Room & Board||$9,766|
- Tuition In-State - $19,118
- Tuition Out-of-State - $45,962
- Books and Supplies - $1,000
- Room & Board - $9,766
- Other - $2,150
The retention rate of first-time students at VMI is 89%, which means that 89 out of every 100 students in this class returns for their second year of instruction.
The 4-year graduation rate is 64%, perhaps because of the difficulty of the academic programs or possibly just falling in line with a national trend of students spending longer in their degree programs. The 6-year graduation rate is noticeably higher at 78%.
Neither evening classes nor distance learning (online classes) are offered at VMI. Every student needs to be prepared to attend classes in person and to dedicate four to six years solely to their educational pursuits.
Looking at degree programs, social sciences, which encompasses general economics, and international relations and affairs is the most popular option. Other degree programs include the biological and biomedical sciences, computer and information sciences and support services, engineering, English language and literature/letters, foreign languages and linguistics, history, mathematics and statistics, physical sciences, and psychology.
Student Population Total
Most Popular Programs & Majors
(# of Diplomas Awarded by Subject)
|All Psychology Majors||25 Total Graduates / 7%|
|Psychology, General||25 Graduates|
|All Engineering Majors||90 Total Graduates / 26%|
|Civil Engineering, General||53 Graduates|
|Mechanical Engineering||20 Graduates|
|Electrical and Electronics Engineering||17 graduates|
|All Social Science Majors||101 Total Graduates / 29%|
|International Relations and Affairs||53 Graduates|
|Economics, General||48 Graduates|
|All Biological & Biomedical Majors||34 Total Graduates / 10%|
|Biology/Biological Sciences, General||34 Graduates|
|All Computer Information Science Majors||27 Total Graduates / 8%|
|Computer Science||27 Graduates|
|All Other Diplomas||21%|
Outcome & Salary
Virginia Military Institute graduates will definitely benefit from a return on investment (ROI) stemming from their years spent in school. Their 4-year cost of education (net price) is an average of $59,196.
The average VMI graduate’s salary is $81,000. Their early-career salary is $65,900 and their mid-career salary is $120,600. For a broader overview, their 10-year salary earnings potential is $810,000 and their 20-year salary earnings potential is as high as $2,016,000. These statistics put a VMI graduate’s 10-year projected ROI at $750,804 and their 20-year projected ROI closer to $1,956,804.
On the other hand, high school graduates who do not go to college have a national average salary of $38,792. Their 10-year projected income is $387,920 and their 20-year projected income is only $775,840. You can easily see here that the VMI graduate will be in a great position in 20 years.
|College Grads Early Career Salary||$65,900|
|College Grads Average Salary||$81,000|
|College Grads Mid Career Salary||$120,600|
|Return on Investment (ROI)|
|10 Year Salary Earnings Potential||$810,000|
|20 Year Salary Earnings Potential||$2,016,000|
|Cost of Education (Net Price) 4 Year||$59,196|
|10 Year Projected ROI||$750,804|
|20 Year Projected ROI||$1,956,804|
|No College Education Salary Comparison|
|National Average Salary||$38,792|
|10 Year Projected Income||$387,920|
|20 Year Projected Income||$775,840|
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