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#24 Best Public Universities in America

Virginia Tech Tuition & Cost

Blacksburg, Virginia

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How much does it cost to attend?

In State Virginia Resident Sticker Price
$27,755
In State Costs for Virginia Tech
Fee Cost
Tuition$11,420
Books and Supplies$1,100
Other Fees$2,329
Room and Board $9,556
Other Expenses Budget$3,350
Out of State Resident Sticker Price
$46,295
Out of State Costs for Virginia Tech
Fee Cost
Tuition$29,960
Books and Supplies$1,100
Other Fees$2,329
Room and Board $9,556
Other Expenses Budget$3,350

Residents of Virginia pay an annual total price of $27,755 to attend Virginia Tech on a full time basis. This fee is comprised of $11,420 for tuition, $9,556 room and board, $1,100 for books and supplies and $2,329 for other fees.

Out of state residents are charged a total cost of $46,295 which is 66.8% higher than Virginia residents. The tuition charge is $29,960 while room and board is $9,556, books and supplies are $1,100 and other fees come in at $2,329.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend Virginia Tech when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
$20,247
Net Price by Income Virginia Tech
Family Income Net Price Paid
$0 to $30,000$11,934
$30,001 to $48,000$14,003
$48,001 to $75,000$18,372
$75,001 to $110,000$23,999
$110,000+$26,368

The average reported annual net price for Virginia Tech for students receiving grants or scholarship aid was $20,247 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Financial Aid

65% of full-time undergrad Virginia Tech received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $6,740 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 40% of students received Federal Student Loans averaging $5,383 and 9% of undergrads took out private student loans averaging $19,964.

Finanical Aid Virginia Tech
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $6,740 65%
Institutional Grants and Scholarships $4,184 50%
Pell Grants $4,740 14%
Other Federal Grants $1,579 40%
State and Local Grants $4,957 12%
Federal Student Loans $5,383 40%
Other Student Loans $19,964 9%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Virginia Tech, we've modeled a ten year student loan with an original principal value of $70,524. The loan balance of $70,524 is a four year multiple of the $17,631 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $673 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $70,524
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $672.88
Total Interest Paid $10,221.21
Sum of All Loan Payments $80,745.21

Projected 4 Year Degree Price

4 Year Sticker Price
$111,020
Year Virginia Residents Non Residents
1 $27,755 $46,295
2 $28,244 $47,110
3 $28,741 $47,940
4 $29,247 $48,784

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Virginia Tech to be $111,020 - assuming graduation in normal time. The estimation assumes a 1.8% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Virginia Tech
Price Per Credit 3 Credit Class 4 Credit Class
Virginia Residents $476 $1,428 $1,904
Out of State Residents $1,248 $3,744 $4,992

Estimated cost for a class at Virginia Tech based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Virginia Tech versus other colleges.

Tuition Payment Plans Available

Virginia Tech Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=233921 IPEDS survey data for Virginia Tech.