Virginia Commonwealth University (234030)

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2022 Undergraduate Tuition
$12,472
3.13% growth from 2021
2022 Average Net Price
$21,294
After Financial Aid
2019 Default Rate
0.939%
on Student Loans
2022 Acceptance Rate
91%
18,242 Applicants
2022 Enrolled Students
28,082
82.5% Full-Time
2022 Graduation Rate
64.5%
2,667 Graduates

About

Virginia Commonwealth University (234030) is a higher education institution located in Richmond city, VA. In 2022, the most popular Bachelors Degree concentrations at Virginia Commonwealth University (234030) were General Psychology (540 degrees awarded), General Biological Sciences (391 degrees), and Health Teacher Education (324 degrees).

In 2022, 7,707 degrees were awarded across all undergraduate and graduate programs at Virginia Commonwealth University (234030). 65.7% of these degrees were awarded to women, and 34.3% awarded men. The most common race/ethnicity group of degree recipients was white (3,589 degrees), 2.74 times more than then the next closest race/ethnicity group, black or african american (1,312 degrees).

The median undergraduate tuition at Virginia Commonwealth University (234030) is $12,472, which is $−17,678 less than the national average for Doctoral Universities ($30,150).

Costs

In 2022, the median undergraduate tuition at Virginia Commonwealth University (234030) is $12,472, which is $−17,678 less than the national average for Doctoral Universities ($30,150).

After taking grants and loans into account, the average net price for students is $21,294.

In 2022, 73% of undergraduate students attending Virginia Commonwealth University (234030) received financial aid through grants. Comparatively, 42% of undergraduate students received financial aid through loans.

Tuition Costs

$12,472
2022 Undergraduate Tuition

In 2022, the cost of tuition at Virginia Commonwealth University (234030) was $12,472. The cost of tuition at Virginia Commonwealth University (234030) is $−17,678 less than than the overall (public and private) national average for Doctoral Universities ($30,150).

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Average Net Price

$21,294
2022 Value
8.33%
1 Year Growth

In 2022 Virginia Commonwealth University (234030) had an average net price — the price paid after factoring in grants and loans — of $21,294. Between 2021 and 2022, the average net price of Virginia Commonwealth University (234030) grew by 8.33%.

This chart compares the average net price of Virginia Commonwealth University (234030) (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$12,505
Room and Board
$1,240
Books and Supplies

The average yearly cost of room and board at Virginia Commonwealth University (234030) was of $12,505 in 2022. The cost of room and board increased by 8.7% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,240. The cost of books and supplies decreased by 17.3% during the same period.

This chart compares the average student costs at Virginia Commonwealth University (234030) (in red) with that of similar universities.

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Financial Aid by Income Level

73%
Undergraduates Receiving Financial Aid through Grants
42%
Undergraduates Receiving Financial Aid through Loans

73% of undergraduate students at Virginia Commonwealth University (234030) received financial aid through grants or loans in 2022. This represents a growth of 8.96% with respect to 2021, when 67% of undergraduate students received financial aid.

This chart compares the average award discount at Virginia Commonwealth University (234030) (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
0.939%
2019 Default Rate
59
Number of Defaults

In 2019 the default rate for borrower's at Virginia Commonwealth University (234030) was 0.939%, which represents 59 out of the 6281 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

Virginia Commonwealth University (234030) received 18,242 undergraduate applications in 2022, which represents a 3.77% annual growth. Out of those 18,242 applicants, 16,600 students were accepted for enrollment, representing a 91% acceptance rate.

There were 28,082 students enrolled at Virginia Commonwealth University (234030) in 2022. 32% of first-time enrollees submitted SAT scores with their applications.

Virginia Commonwealth University (234030) has an overall enrollment yield of 25.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

91%
Acceptance Rate in 2022
16,600
Accepted Out of 18,242

In 2022, the undergraduate acceptance rate of Virginia Commonwealth University (234030) was 91% (16,600 admissions from 18,242 applications). This is lower than the acceptance rate of 2021, which was 92.8%. Between 2021 and 2022, the number of applicants grew by 3.77%, while admissions grew by 1.79%..

This chart compares the acceptance rate of Virginia Commonwealth University (234030) (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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SAT Scores

32%
Submission Percentage (2022)
1,352
Scores Submitted (2022)

32% of enrolled first-time students at Virginia Commonwealth University (234030) in 2022 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

Virginia Commonwealth University (234030) had a total enrollment of 28,082 students in 2022. The full-time enrollment at Virginia Commonwealth University (234030) is 23,167 students and the part-time enrollment is 4,915. This means that 82.5% of students enrolled at Virginia Commonwealth University (234030) are enrolled full-time.

The enrolled student population at Virginia Commonwealth University (234030), both undergraduate and graduate, is 43.1% White, 18.7% Black or African American, 13.3% Asian, 9.92% Hispanic or Latino, 6.99% Two or More Races, 0.171% American Indian or Alaska Native, and 0.132% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Virginia Commonwealth University (234030) in full-time Undergraduate programs are most commonly White Female (25.2%), followed by White Male (15%) and Black or African American Female (14%). Students enrolled in full-time Graduate programs are most commonly White Female (30.3%), followed by White Male (15.3%) and Black or African American Female (8.61%).

Full-Time vs Part-Time Enrollment

82.5%
Full-Time Enrollment

The total enrollment at Virginia Commonwealth University (234030) in 2022, both undergraduate and graduate, is 28,082 students. The full-time enrollment at Virginia Commonwealth University (234030) is 23,167 and the part-time enrollment is 4,915. This means that 82.5% of students enrolled at Virginia Commonwealth University (234030) are enrolled full-time compared with 77.4% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at Virginia Commonwealth University (234030) (in red) compares to similar universities.

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Retention Rate over Time

85%
2022 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Virginia Commonwealth University (234030) was 85%. Compared with the full-time retention rate at similar Doctoral Universities (84%), Virginia Commonwealth University (234030) had a retention rate higher than its peers.

This chart shows the retention rate over time at Virginia Commonwealth University (234030) (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    12,098 enrolled students
  2. Black or African American
    5,248 enrolled students
  3. Asian
    3,733 enrolled students

The enrolled student population at Virginia Commonwealth University (234030) is 43.1% White, 18.7% Black or African American, 13.3% Asian, 9.92% Hispanic or Latino, 6.99% Two or More Races, 0.171% American Indian or Alaska Native, and 0.132% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 47.5% White, 15.5% Hispanic or Latino, and 9.58% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 1,173 students (4.18%) did not report their race.

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Graduates

In 2022, 2,415 more women than men received degrees from Virginia Commonwealth University (234030). The most common race/ethnicity group of degree recipients at Virginia Commonwealth University (234030) is white (3,589 degrees awarded). There were 2.74 times more white recipients than the next closest race/ethnicity group, black or african american (1312 degrees).

The most common Bachelor's Degree concentration at Virginia Commonwealth University (234030) is General Psychology (540 degrees awarded), followed by General Biological Sciences (391 degrees) and Health Teacher Education (324 degrees).

In 2022,  the most specialized majors across all degree types at Virginia Commonwealth University (234030), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (633 degrees awarded), Public Administration and Social Service (389 degrees), and Protective Services (475 degrees).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Virginia Commonwealth University (234030) are Physicians (427,511 people), Other managers (271,865 people), Elementary & middle school teachers (216,962 people), Social workers, all other (195,210 people), and Postsecondary teachers (184,451 people).

The most specialized majors at Virginia Commonwealth University (234030) in 2022 are Visual & Performing Arts (633 degrees awarded), Public Administration and Social Service (389 degrees), Protective Services (475 degrees), Interdisciplinary Studies (368 degrees), and Biology (563 degrees) (as of 2022).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Virginia Commonwealth University (234030) are Surgeons, Physicians, Cardiovascular technologists and technicians, Photographic process workers & processing machine operators, and Aircraft pilots & flight engineers

The most specialized majors at Virginia Commonwealth University (234030) are Visual & Performing Arts (633 degrees awarded), Public Administration and Social Service (389 degrees), Protective Services (475 degrees), Interdisciplinary Studies (368 degrees), and Biology (563 degrees) (as of 2022).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Virginia Commonwealth University (234030) are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (634,807 people), Elementary & secondary schools (538,175 people), Colleges, universities & professional schools, including junior colleges (461,490 people), Justice, public order, & safety activities (389,030 people), and Offices of physicians (230,511 people).

The most specialized majors at Virginia Commonwealth University (234030) are Visual & Performing Arts (633 degrees awarded), Public Administration and Social Service (389 degrees), Protective Services (475 degrees), Interdisciplinary Studies (368 degrees), and Biology (563 degrees) (as of 2022).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Virginia Commonwealth University (234030).
Most Common (2022)
  1. 540 degrees awarded
  2. 391 degrees awarded
  3. 324 degrees awarded

In 2022, the most common bachelors degree concentration at Virginia Commonwealth University (234030) was General Psychology with 540 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Virginia Commonwealth University (234030) according to their major.

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Sex Breakdown for Common Majors

2,646
Degrees Awarded to Men
in 2022
5,061
Degrees Awarded to Women
in 2022

In 2022, 2,646 degrees were awarded to men at Virginia Commonwealth University (234030), which is 0.523 times less than the number of degrees awarded to females (5,061).

This chart displays the sex disparity between the top 5 majors at Virginia Commonwealth University (234030) by degrees awarded.

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Most Common Male Majors

In 2022, 192 degrees were awarded to men at Virginia Commonwealth University (234030) in General Business, which is 0.96 times less than the 200 female recipients with that same degree.

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Most Common Female Majors

In 2022, 459 degrees were awarded to men at Virginia Commonwealth University (234030) in General Psychology, which is 4.5 times more than the 102 male recipients with that same degree.

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Time to Complete

44%
100% Completion Time
66%
150% Completion Time

In 2022, 44% of students graduating from Virginia Commonwealth University (234030) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 66% completed their degrees within 150% of the normal time, and 68% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Asian Female
Highest Graduation Rate (79.8%)

The student demographic with the highest graduation rate in 2022 at Virginia Commonwealth University (234030) is Female and Asian (79.8% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (73.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 1.05% of graduates (28 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    3,589 degrees awarded
  2. Black or African American
    1,312 degrees awarded
  3. Asian
    1,064 degrees awarded

The most common race/ethnicity at Virginia Commonwealth University (234030) is white (3,589 degrees awarded). There were 2.74 times more white recipients than the next closest race/ethnicity group, black or african american (1312 degrees).

3.75% of degree recipients (289 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    2,286 degrees awarded
  2. White Male
    1,303 degrees awarded
  3. Black or African American Female
    961 degrees awarded

The most common race/ethnicity and sex grouping at Virginia Commonwealth University (234030) is white female (2,286 degrees awarded). There were 1.75 times more white female recipients than the next closest race/ethnicity group, white male (1303 degrees).

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Operations

Virginia Commonwealth University (234030) employs 496 Assistant professors, 454 Associate professors and 233 Professors. Most academics at Virginia Commonwealth University (234030) are Female Assistant professor (276), Female Associate professor (229), and Male Associate professor (225).

The most common positions for non-instructional staff at Virginia Commonwealth University (234030) are: Business and Financial Operations, with 707 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 535 employees, and Computer, Engineering, and Science with 456 employees.

Government Grants and Contracts

Grants & Contracts
  1. $179M - Federal
  2. $8.41M - State
  3. $1.04M - Local

As of 2022, Virginia Commonwealth University (234030) received $179M in grants and contracts from the federal government, $8.41M from state grants and contracts, and $1.04M from local grants and contracts.

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Salary Expenditure

$574M
2022 Salaries
6.88%
growth from 2021

In 2022, Virginia Commonwealth University (234030) paid a median of $574M in salaries, a 6.88% growth from the previous year.

The median for similar Doctoral Universities is 246M (41.5% of overall expenditures).

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Instructional Salaries

$142M
Instructional Salaries
1,276
Number of Employees

In 2022, Virginia Commonwealth University (234030) paid a total of $142M to 1,276 employees working as instructors, which represents 24.7% of all salaries paid.

This is compared to a median of $73.7M (30%) for similar Doctoral Universities.

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Occupations by Share

Assistant professor
Most Common Instructor
496 Employees
Business and Financial Operations
Most Common Non-Instructional Employee
707 Employees

In 2022, the most common positions for instructional staff at Virginia Commonwealth University (234030) were Assistant professor with 496 employees, Associate professor with 454 employees, and Professor with 233 employees.

In 2022, the most common positions for non-instructional staff at Virginia Commonwealth University (234030) were Business and Financial Operations with 707 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 535 employees, and Computer, Engineering, and Science with 456 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Female Assistant professor
  2. Female Associate professor
  3. Male Associate professor

In 2022, the most common demographic for instructional staff at Virginia Commonwealth University (234030) was Female Assistant professor with 276 employees, Female Associate professor with 229 employees, and Male Associate professor with 225 employees.

This chart shows the sex split between each academic rank present at Virginia Commonwealth University (234030).

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