BLACKSBURG, Va. (WFXR) – Virginia Tech releases cost of attendance information for the 2024-2025 academic year, with a unanimous vote by the Board of Visitors increasing tuition by 2.9 percent for all new undergraduates. Approved.
A news release posted on Virginia Tech's website said the tuition and fee increases were decided after “substantial discussion and consideration,” but ultimately needed to address continued increases in inflation. He said there was.
Tuition for resident undergraduates will increase by $474 to $15,950 per year, and tuition for out-of-state undergraduates will increase by $1,084 to $37,777 per year. If you plan to live on campus, you can expect your room and board costs to increase by 5.2%, which equates to $612, or $12,358 per year.
For graduate students, Virginia residents will pay an increase of $553 to $18,565. Out-of-state graduate students will pay $35,091, an increase of $1,007.
The university says it will continue to protect tuition increases for undergraduate students through its Fund for the Future program. The program will be offered to “families with incomes of $100,000 or less with demonstrated financial need and a predictable and unchanged tuition and fee package.” ”
The upcoming changes will also not affect the $169 million in grants and scholarships that Virginia Tech undergraduates received last year, and the university's Chancellor's Scholarship Initiative will continue next year to provide 215 incoming freshmen with four It is planned to provide annual scholarships.
Additionally, tuition for summer and winter undergraduate classes will continue to be discounted by 10%.
According to Virginia Tech, the school “continues to limit tuition increases to half the average consumer price index, making a Virginia Tech education available to more Virginia students.”
For more information about Virginia Tech's cost of attendance, please visit the Virginia Tech website.
