VMI's tuition & fees has increased from $37,574 (2014) to $51,186 (2024), and the rate of tuition increase is 36.23% over the past 10 years.
VMI's tuition increase rate is higher than the Virginia's average increase rate of 27.81%. Compare to all colleges in United States, it's increase rate is higher than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 33.47% from 2014 ($49,096).
For the current academic year 2023-2024, VMI's COA is $65,526, which is increased by 3.12% from last year.
The following table and chart show changes to VMI's COA over the past 10 years.
Off-campus living costs are not available.
Tuition & Fees Changes
The tuition & fees have increased 36.23% for the last 10 years , and the 2024 tuition & fees are $51,186. The following table and chart show the tuition & fees changes at Virginia Military Institute over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,200, and it has increased 20.00% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,000 | - |
|---|
| 2015-16 | $1,000 | |
|---|
| 2016-17 | $1,000 | |
|---|
| 2017-18 | $1,000 | |
|---|
| 2018-19 | $1,000 | |
|---|
| 2019-20 | $1,000 | |
|---|
| 2020-21 | $1,000 | |
|---|
| 2021-22 | $1,000 | |
|---|
| 2022-23 | $1,000 | |
|---|
| 2023-24 | $1,200 | 20.00% |
|---|
Living Costs Changes
The living costs including room, board, and other living expenses have increased 24.88% when a student lives on-campus facilities from the year 2014 to 2024. The following table shows the changes in living costs at Virginia Military Institute.
| Year | Living On Campus | Change by Year |
|---|
| 2014-15 | $10,522 | - |
|---|
| 2015-16 | $10,816 | 2.79% |
|---|
| 2016-17 | $11,118 | 2.79% |
|---|
| 2017-18 | $11,386 | 2.41% |
|---|
| 2018-19 | $11,632 | 2.16% |
|---|
| 2019-20 | $11,916 | 2.44% |
|---|
| 2020-21 | $12,210 | 2.47% |
|---|
| 2021-22 | $12,512 | 2.47% |
|---|
| 2022-23 | $12,824 | 2.49% |
|---|
| 2023-24 | $13,140 | 2.46% |
|---|
Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Virginia Military Institute and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Virginia Military Institute | $51,186
($20,484) | $49,722
($19,914) | 2.94% |
|---|
|
| Western Carolina University | $8,532
($4,532) | $8,453
($4,453) | 0.93% |
|---|
|
| Wofford College | $54,100
($41,955) | $51,530
($41,955) | 4.99% |
|---|
|
| Samford University | $38,144
($30,490) | $36,725
($30,490) | 3.86% |
|---|
|
| East Tennessee State University | $13,034
($9,706) | $12,740
($9,438) | 2.31% |
|---|
|
| Mercer University | $33,380
($24,480) | $30,317
($24,480) | 10.10% |
|---|
|