Fall 2020 Updates - Detailed information regarding protocols and scheduling for the Fall semester is now available. More

Payment Schedule

 

Tuition and Fees 

In-State

Out-of-State

International

Due Aug. 1

$14,635

$28,640

$29,640

Due Dec. 15

$14,635

$28,640

$28,640

Total

$29,270

$57,280

$58,280

 

Security Deposit:  New and Readmitted cadets are required to pay a $200 security deposit.  This deposit is returned to the cadet, less any deductions for damages or unpaid obligations and without interest, upon graduation or termination of the cadetship.  The security deposit cannot be paid for using financial aid and is not the same as the Reservation Fee.

Reservation Fee:  New cadets are required to pay a $300  reservation fee by May 1st which will be applied towards their fall tuition and fees expenses in July. 

Health Insurance (International Cadets Only):  $1,000 fee must be paid by August 1

Late Fee:  A late fee of $100 or 10% of the unpaid balance, if less, will be assessed for failure to pay tuition and fees as required.  Cadets with unpaid balances will be assessed interest at the rate of 6% per annum from the original due date of their obligation. 

Other costs payable by the cadet include textbooks, supplies, automobile registration, and non-issue clothing.  Cadets may pay with cash, check, or bank credit card.

Cadets will be dismissed from the Institute for failure to pay tuition and fees or any other financial obligation to the Institute as required.  In addition, the Institute reserves the right to hold grades, credits, transcripts, and diplomas until all financial obligations to the Institute are satisfied.  Cadets must satisfy all financial obligations to the Institute for the past semesters or terms before they will be allowed to register for any succeeding semester or term.

Payment Plans

Virginia Military Institute partners with Nelnet Campus Commerce to let you pay your tuition and fees over time, making college more affordable. There’s no interest, payment options are flexible, setup fees are affordable and it’s easy to enroll using https://mycollegepaymentplan.com/VMI/.

  • Pay Interest Free
  • Cadets set up plans using their information and add other family members as users
  • Payments auto debit from checking/savings or credit card
  • Payment plans must be setup prior to tuition payment deadlines to avoid additional fees
  • Program works best with Google Chrome

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