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Wednesday, October 16, 2024

Virginia Military Institute listed among least affordable Virginia institutions for in-state students in 2022

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Retired Maj. Gen. Cedric T. Wins, Superintendent | Virginia Military Institute

Retired Maj. Gen. Cedric T. Wins, Superintendent | Virginia Military Institute

Virginia Military Institute cost $19,914 in tuition and fees for students studying in-state, according to the latest disclosure from the National Center for Education Statistics.

This ranks Virginia Military Institute as one of the five most expensive schools in Virginia in 2022.

The amount an in-state students in tuition and fees was $244 more than the previous year.

Out-of-state students attending Virginia Military Institute in 2022 were expected to pay $49,722, which is $1,398 more than the previous year.

The average cost of college has more than doubled in the 21st century, growing by more than 7% every year. In-state students can expect to spend nearly $10,000 on tuition alone per year at a public, 4-year post-secondary school.Meanwhile, out-of-state tuitions averages $27,457.

In 2022-23 a total of $240.7 billion in financial aid was granted to help graduate and undergraduate students.

Cost of education for in-state students in Virginia in 2022
CityInstitution NameCollege costs
WilliamsburgWilliam & Mary$23,970
CharlottesvilleThe University of Virginia-Main Campus$20,342
LexingtonVirginia Military Institute$19,914
RichmondVirginia Commonwealth University$15,828
Newport NewsChristopher Newport University$15,425

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