College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

Can You Afford Virginia Tech?

Concerned about paying for college? Take a look at Virginia Tech’s financial aid options, including grants, scholarships, and student loans, then calculate the net price based on your income level to determine if you can afford to attend this school.

Attendance Costs in 2020 - 2021 Varied Between $12,059 & $46,899

Worried about paying the full cost of $46,899 to attend Virginia Tech? That number can be deceiving, as the net amount most students will pay varies significantly.

For students living in Virginia, the school offers a discount of 58.2% off tuition and fees. Also, 41.3% of freshmen receive some form of financial aid, with the average amount totaling $8,849. Students from low-income families receive an average of $15,696 in aid during their first year.

Cost for Residents of Virginia (no aid)

Tuition and fees$13,749
+ Room and board$9,556
+ Other expenses$4,450
Total cost$27,755
Affordability Score (46 out of 100)
more expensive
less expensive

Net Price for Residents of Virginia (with average aid)

Total cost$27,755
- Grants and scholarships$8,849
Net price$18,906
Affordability Score (48 out of 100)
more expensive
less expensive

Average Net Price for Low Income Residents of Virginia

Total cost$27,755
- Grants and scholarships$15,696
Net price$12,059
Affordability Score (72 out of 100)
more expensive
less expensive

Cost for Non-Residents (no aid)

Tuition and fees$32,893
+ Room and board$9,556
+ Other expenses$4,450
Total cost$46,899
Affordability Score (21 out of 100)
more expensive
less expensive

Net Price for Non-Residents (with average aid)

Total cost$46,899
- Grants and scholarships$8,849
Net price$38,050
Affordability Score (8 out of 100)
more expensive
less expensive

Average Net Price for Low Income Non-Resident Undergraduates

Total cost$46,899
- Grants and scholarships$15,696
Net price$31,203
Affordability Score (11 out of 100)
more expensive
less expensive

Learn more about tuition and fees, room, board and other expenses, and financial aid options at Virginia Tech.

Projected Costs Between $55,519 and $284,117 For a Four Year Degree. Between $26,653 and $138,330 For a Two Year Degree.

It can be a bit scary to look at the total projected cost of a college education over the course of a multi-year degree, however, doing so will help you better understand the financial commitment you are making.

The overall cost for on-campus, in-state students to attend Virginia Tech in 2020 - 2021 was $27,755. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 1.9% each year.

If this trend continues, we expect the full cost for incoming freshmen to be $28,797 during their first year. By their senior year, that cost will be approximately $30,434, for a bachelor degree candidate ($29,333 for an associate degree candidate) for a total of $118,442 over the course of four years ($58,130 over the course of two years). These numbers do not take into consideration financial aid, which reduces this overall cost by varying amounts per student.

The cost for out-of-state students is more, with an overall expected four-year cost of $205,738 based on a yearly growth rate of 2.7%. The expected two-year cost is $100,169.

Remember, the full costs quoted above are not what most students will pay, and the net price varies quite a bit based on individual circumstances.

Average Net Price at Virginia Tech

Cost With Interest for Residents of Virginia

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*2.5%1.9%
Freshman year$13,061$19,875$28,797
Senior year$13,592$20,378$29,333
Total 2-year net price$26,653$40,252$58,130
10-year loan interest @ 6.8%$10,154$15,335$22,145
Total monthly payment$307$463$669
Total amount paid$36,806$55,587$80,275
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*2.5%1.9%
Freshman year$13,061$19,875$28,797
Senior year$14,721$21,422$30,434
Total 4-year net price$55,519$82,567$118,442
10-year loan interest @ 6.8%$21,151$31,455$45,122
Total monthly payment$639$950$1,363
Total amount paid$76,670$114,022$163,564

Cost With Interest for Out-Of-State Residents

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*3.0%2.7%
Freshman year$32,171$40,406$49,427
Senior year$32,667$41,639$50,742
Total 2-year net price$64,838$82,045$100,169
10-year loan interest @ 6.8%$24,701$31,256$38,161
Total monthly payment$746$944$1,153
Total amount paid$89,539$113,302$138,330
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*3.0%2.7%
Freshman year$32,171$40,406$49,427
Senior year$33,681$44,218$53,477
Total 4-year net price$131,689$169,172$205,738
10-year loan interest @ 6.8%$50,169$64,448$78,379
Total monthly payment$1,515$1,947$2,368
Total amount paid$181,858$233,620$284,117

Visit net price and financial aid to learn more about the total cost of attending Virginia Tech.

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