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August 21, 2008

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VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY

Virginia Polytechnic Institute and State University
Blacksburg, VA 24061

Official telephone: (540) 231-6000
Fax number: (540) 231-9263

Website: www.vt.edu


Options:
Screen last updated on: September 10, 2007

The financial aid information below is valid for the 2007 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Dr. Barry Simmons,
Director of Scholarships and Financial Aid
Contacting the office: 540 231-5179
800 278-7392 (toll free)
540 231-9139 (fax)
finaid@vt.edu
FAFSA number: 003754

EXPENSES
Undergraduate tuition: $5,772; $17,980 out-of-state
Tuition notes: in-state tuition based on $240 per credit hour0, out-of-state tuition based on $749 per credit hour0
Additional required fees: $1,625
Book fees: $1,024
Miscellaneous expenses: $3,282
Combined room and board expenses: $6,300 - $6,300

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAMarch 11noMarch 11
scholarship applicationMarch 1noN/A

Date award notification begins: April 1
Applied for financial aid:
69% of first-year students
60% of full-time undergraduates
Determined to have financial need:
59% of first-year students
61% of full-time undergraduates
Students determined to have financial need who received any financial aid:
85% of first-year students
93% of full-time undergraduates
Students determined to have financial need who received any need-based gift aid:
82% of first-year students
80% of full-time undergraduates
Students receiving financial aid who received need-based self-help aid:
76% of first-year students
82% of full-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
25% of first-year students
18% of full-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
16% of first-year students
23% of full-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
70% for first-year students
75% for full-time undergraduates
0% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$10,393 for first-year students
$9,745 for full-time undergraduates
$0 for part-time undergraduates
Average need-based gift award:
$4,997 for first-year students
$4,254 for full-time undergraduates
$0 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$3,729 for first-year students
$4,239 for full-time undergraduates
$0 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,491 for first-year students
$4,027 for full-time undergraduates
$0 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
12% of first-year students
8% of full-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$2,554 for first-year students
$2,450 for full-time undergraduates
$0 for part-time undergraduates
Students who received a non-need-based athletic award:
1% of first-year students
2% of full-time undergraduates
Average non-need-based athletic award:
$12,876 for first-year students
$12,614 for full-time undergraduates
$0 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 21%

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • Federal Perkins Loans
  • College/University Loans
Parent loans packaged to meet need: no
First-year loan package range: $3,868 - $9,126
Undergraduate loan package range: $4,583 - $8,816
Percent of undergraduates who have borrowed through all loan programs: 52%
Average student debt upon graduation: $19,807
Types of payment plans:
  • school's own payment plan(s)
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
  • Cadet Scholarships and Grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • state scholarships/grants
  • academic merit scholarships/grants
  • athletic scholarships
  • ROTC scholarships
First-year scholarship/grant award range: $4,785 - $5,193
Undergraduate scholarship/grant award range: $4,097 - $4,123
Percent of scholarship aid awarded to out-of-state students: 27%



Data is copyrighted material under license to Wintergreen Orchard House, a division of Alloy Education, which is reproduced on this website by permission of Wintergreen Orchard House. Material may contain updates provided solely by the institution to which the updated Data relates. Copyright © 2006-2008 by Wintergreen Orchard House. All rights reserved.


The information in the Campus Tours is provided and updated by third parties including the respective colleges and universities. While the colleges and universities are able to update the Campus Tours information at any time and this section, thereby, has the potential to offer the most accurate and up-to-date information available, the information is not independently validated, and no party associated with this website can accept responsibility for its accuracy.

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