Annual Financial Report 2024 2025

Virginia Tech Financial Report 2024-2025 University Highlights

For the years ended June 30, 2021 - 2025

2020-21 (1)

2021-22 2022-23 2023-24 2024-25

Student admissions Applications received, including transfers Undergraduate

33,538

44,936

48,211

50,220

55,919 10,065

Graduate

7,445

7,448

8,498

8,956

Offers, as a percentage of applications Undergraduate

65.7% 55.8% 57.0% 57.2% 54.5% 57.6% 59.5% 48.0% 53.7% 47.8%

Graduate

New enrollment, as a percentage of offers Undergraduate

35.5% 30.5% 29.7% 28.9% 27.4% 37.4% 45.0% 44.8% 41.9% 41.8%

Graduate

Total student enrollment (head count) Enrollment by classification Undergraduate

30,020

29,760

30,434

30,504

31,035

Graduate and first professional

7,004

7,519

7,736

7,790

7,822

Enrollment by campus Blacksburg campus

24,878

34,656

35,593

35,734

36,205

D.C. area

752

871

715

810

837

Other off-campus locations

11,394

1,752

1,862

1,750

1,815

Enrollment by residence Virginia

24,479

23,619

23,722 10,564

23,426 10,857

23,250 11,436

Other states

8,998 3,547

9,966 3,694

Other countries

3,884

4,011

4,171

Degrees conferred Undergraduate (first majors)

7,393 2,084

7,290 2,117

8,076 2,568

7,271 2,571

7,260 2,812

Graduate and first professional

Faculty and staff Full-time instructional faculty

2,068 2,888

2,082 2,953

2,135 3,155

2,183 3,355

2,221 3,570

Other faculty and research associates

P14 or part-time faculty

232

249

263

231

231

Support staff

3,380 8,568

3,257 8,541

3,276 8,829

3,386 9,155

3,468 9,490

Total faculty and support staff

Percent of instructional faculty tenured

53% 51% 50% 50% 50%

(1) 2020-21 admissions, enrollments, and course delivery options were affected as a result of the COVID-19 pandemic.

2

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