"COSTS AND PAYMENT SCHEDULE TUITION FEES AND DEPOSITS SESSION Virginia"
COSTS AND PAYMENT SCHEDULE TUITION, FEES, AND DEPOSITS The security deposit covers property damages, lost 2007-2008 SESSION property, and unpaid obligations to VMI. The deposit shall equal $200 at the beginning of each academic year; Virginia Non-Virginia accordingly, any shortfall is billed at the beginning of Cadets Cadets each year. VMI returns this deposit, less any deductions Tuition 5,062 20,906 and without interest, upon graduation or termination of Room and Board 6,108 6,108 the cadetship. Auxiliary Fee 2,981 2,981 Total tuition and fees $14,151 $29,995 Quartermaster charge 2,005 2,005 PAYMENT SCHEDULE Sub-Total $16,156 $32,000 Security deposit 200 200 Virginia Non-Virginia TOTAL DUE $16,356 $32,200 Cadets Cadets Reservation Fee $ 300.00 $ 300.00 Due August 1 $7,778.00 $15,700.00 Due December 14 $8,078.00 $16,000.00 Tuition and fees are based upon appropriations by the General Assembly. These appropriations are Approximately five weeks prior to the due date VMI subject to state revenue collections; therefore, ap- will mail an invoice directly to all registered cadets at propriations may be reduced by the Governor should their address of record. there be a shortfall in state revenue. Accordingly, the VMI Board of Visitors reserves the right to adjust VMI shall assess a late fee of $100 or 10% of the tuition and fees at any time during the year. unpaid balance, if less, for failure to pay tuition, fees, and deposits by the due date. VMI will dismiss cadets Room and board fees are required since all cadets from the Institute for failure to pay tuition and fees live in Barracks and are provided twenty-one meals or any other financial obligation to the Institute as per week. required. The Institute also reserves the right to hold grades, credits, transcripts, and diplomas until all The auxiliary fee covers the cadet’s share of the financial obligations to the Institute have been satis- costs of medical services, cadet activities/facilities, fied. Cadets must satisfy all financial obligations to athletics and other services. the Institute for past semesters or terms before they are allowed to register for any succeeding semester The quartermaster charge covers haircuts and the or term. issuing, tailoring, laundering, and pressing of uniforms. Cadet uniforms are state property and must be returned RESERVATION FEE to the Institute. These costs are rarely included in cost figures at other colleges, but should be taken into ac- A reservation fee of $300 is required of all cadets count when comparing college costs. and is applied toward total costs. It is refundable to those who do not enroll if requested in writing before May 1. Qualified cadets in their fourth class and third class Refunds after that date will be made only to cadets who year will receive an ROTC uniform allowance from the withdraw because of academic or medical deficiencies Federal Government to help defray the cost of cadet prior to matriculation or registration. uniforms. The annual allowance for the basic course is approximately $900. OTHER COSTS Cadets who contract with an ROTC unit during their second and first class years will also receive an ROTC Other costs include textbooks, supplies, automobile uniform allowance of approximately $1,350 per year. registration, and non-issue clothing. Cadets must pay 15 for such items with cash, check, or bank credit card at istrar of any changes of address or domicilary status. the time of purchase. Changes from out-of-state to in-state status requests The cadet newspaper, yearbook, literary magazine are reviewed by the Registrar. All changes require the and scheduled hops are optional and are billed separately completed application for Virginia In-State Tuition by the various cadet organizations. Rates and accompanying documentation (if requested). Residence in the Commonwealth for purposes of obtain- ing an education does not qualify a cadet for Virginia REFUND POLICY residency status. For more information, please visit the VMI website at: http://www.vmi.edu/registrar, call Tuition and fees are refundable in part only upon 540-464-7213, or write to: official notice of withdrawal to the Commandant. Registrar Full refunds, less $800 are made for withdrawals Virginia Military Institute prior to the first day of classes. Lexington, Virginia 24450-0304 On or after the first day of classes, refunds are prorated through the fifth week. No refunds are made after the fifth week of ROTC BENEFITS classes. Cadets receiving Title IV financial aid will receive The cost of attending VMI should be viewed to- a refund in accordance with applicable federal law. gether with the other benefits a qualified ROTC cadet Exceptions to the refund policy are made only in receives. Currently, these benefits include: extraordinary circumstances. Appeals for exception * Uniform allowance up to approximately $4,500 will be considered by the Tuition Appeals Committee over four years. upon written request to the Comptroller, no later than * Tax-free subsistence allowance of $300 per month 90 days after withdrawal from the Institute. when contracted in ROTC program. No refunds will be made until all issued military * Summer/training pay which varies with type and uniforms and equipment required to be returned have length of training and cadet status (contracted/non- been received in good condition by the Commandant contracted). and the Military Store. Cadets will be charged for issued military uniforms and equipment which are not returned as required. SENIOR CITIzENS Pursuant to Virginia Senior Citizen's Higher Education RESIDENCY act, any individual over the age of 60, who is a Virginia domiciliary and earns less than $15,000 annually, and All students who wish to apply for in-state tuition who otherwise meets the admission criteria of the rates must submit the two-page Application for Virginia Virginia Military Institute (See admission section pages In-State Tuition Rates that accompanies the application 9-14.) may attend free of tuition and fees. The admission for admission. Entitlement to in-state tuition rates must criteria for summer session are substantially more lenient be demonstrated in accordance with Section 23-7.4 of than the criteria for VMI's full time, academic year, the Code of Virginia. program. VMI does not offer a part-time enrollment After admission, it is the duty of the cadet to option during the regular academic year. promptly provide written notification to the VMI Reg- 16