Student Loans for VMI Students

About Virginia Military Institute

VMI StudentsThe Virginia Military Institute is the oldest state supported military college in the United States. Established in 1839, VMI is one of the six senior military colleges in the country that has developed a stellar reputation in academic, military and athletic excellence. Impressively, the institution receives hundreds of millions of dollars in endowments every year and has about 1,500 students enrolled in its various programs, which include Civil Engineering, Philosophy and Leadership Studies. With an impressive student-teacher ratio, the institute has been rated as one of America’s best by Forbes magazine.

VMI Financial Aid Packages

VMI financial aidFortunately, students may cover the costs of their education via the VMI financial aid program in a number of ways. Namely, the program allows students to access federal aid, including grants and loans. Federal aid options are usually the first choice for students as they provide favorable terms and conditions. Moreover, VMI financial aid packages also include comprehensive selections of institutional scholarship awards, which are mostly need-based.

In addition to scholarships, may also look into alternative loans. Beforehand, though, students should first exhaust their federal aid options. After, students may use our Loan Comparison Tool, which helps to survey hundreds of lenders in order to find the best deal possible.

Pay for Virginia Military Institute*

Total Avg. Cost $40,127
Tuition $30,320
Room & Board $7,132
Financial Aid Information
Students Receiving Fin Aid 86%
Typical Grant Amounts
State/Local $4,828
Federal $5,410
%Receiving Loans 52%
Avg. Other Stud. Loans $5,776
%Receiving Other Loans 1%

Get into Virginia Military Institute

Admission Rate 56%
Total Enrollment 1,626
Men 90%
Women 10%
Graduation Rate 70%
Application Fee $40

Contact Virginia Military Institute

Address
VMI
Lexington, VA 24450-0304(540) 464-7207
Financial Aid Office URL
http://www.vmi.edu/content.aspx?tid=36593&id=222&ekmensel=fb5d653b_20_307_222_1
Admissions Office URL
http://www.vmi.edu/content.aspx?id=58

*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics

 

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