After lengthy discussion about balancing access and affordability with maintaining the quality of a Virginia Tech education and investing in world-class faculty and programs, the Board of Visitors approved a 2.9 percent tuition increase for in-state and out-of-state undergraduates for the 2025-26 academic year.

Tuition and mandatory fees for Virginia undergraduate students will increase $576, to $16,526 annually, and out-of-state undergraduate tuition and mandatory fees will increase $1,200, totaling $38,977 annually. This includes a $186 increase in the comprehensive fee. Annual room and board charges will increase by 4.4 percent, or $542 per year, to a total of $12,900.

Over the last eight years, Virginia Tech has worked to keep the cumulative tuition increase to well below the rate of inflation. Combined with increases in institutional financial aid, the university continues to do everything it can to make Virginia Tech education as accessible to more Virginia students.

Before approving the tuition resolution at Monday’s Finance and Resource Management Committee meeting, board members encouraged university administrators to continue looking for ways to find savings within the existing university budget that can be reinvested to offset student costs.

The resolution was amended at Tuesday’s full board meeting to reflect the university’s commitment to modifying the increases of tuition and mandatory educational and general fees for in-state undergraduate students to comply with any potential limitations in the final state budget to be taken up by the General Assembly in April.

Tuition and fees are the primary source of the university’s Educational and General Program (E&G) budget. In the current fiscal year, tuition and fees from both in-state and out-of-state students accounted for approximately 68 percent of the total E&G budget. The state provided approximately 27 percent toward the E&G budget, and an approximately 5 percent came from other sources.

Virginia Tech will continue to deploy its Funds for the Future program, which is proposed to expand next year to provide 100 percent protection from tuition and fee increases for returning students with a family income of up to $115,000 with demonstrated financial need resulting in a predictable and unchanging tuition and fee package for all four years of their undergraduate study at Virginia Tech.

The university’s Presidential Scholarship Initiative will once again provide full four-year scholarships to 230 incoming Virginia students next year, supporting a total program of 718 students.

Including university-funded support, Virginia Tech undergraduates received $196 million in grants and scholarships last fiscal year. Virginia Tech will continue to discount undergraduate tuition by 10 percent during the summer session and winter session courses in Blacksburg to help students complete degrees at an accelerated pace during nontraditional times.

When adding tuition and mandatory fees with room and board costs, the total cost in 2025-26 for a Virginia undergraduate student living on campus will be $29,426, while the total cost of an out-of-state undergraduate living on campus will be $51,877. Virginia Tech remains among the lowest-priced public universities in the commonwealth for resident undergraduate students.

Tuition and mandatory fees for in-state graduate students will rise by $653 to $19,218 and for out-of-state graduate students by $1,121 to $36,212.

The total annual cost to Virginia and Maryland veterinary students will be $29,784, an increase of $910, and the total annual cost to out-of-state (and non-Maryland) veterinary students will be $61,482, an increase of $1,511.

Students enrolling at the Virginia Tech Carilion School of Medicine this summer will have a total annual cost of $63,321, an increase of $1,839.

The Virginia Tech cost of attendance for the 2024-25 academic year that is used to determine financial aid can be found online.

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