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VMI reports smaller-than-budgeted incoming class, $1.7 million shortfall tied to summer cancellations
Summary
Virginia Military Institute officials told the executive committee that the incoming class matriculated at 471 cadets (29 fewer than budgeted), citing summer cancellations, medical turndowns and enlistments. The shortfall, combined with a tuition freeze, leaves an estimated $1.7 million gap and a $775,000 tuition-related deficit for fiscal 2026.
General Clark, acting superintendent, told the Board of Visitors Executive Committee that the institute’s 2026 incoming class matriculated at 471 cadets, down from the 500 cadets budgeted — a shortfall of 29. "We had a 1,710 appointments. We're told that that generated 471 matriculants, an acceptance rate of 71%, and the yield rate of 28%," Clark said. He added that the class profile included a 3.6 average high‑school GPA and transfer GPA of 3.2, and that matriculants came from 33 states and eight countries.
The superintendent and admissions staff described a marked increase in what they called "summer melt" and late cancellations. Clark said 568 students made deposits early in the cycle but that a rise in cancellations, medical disqualifications and some students enlisting contributed to the…
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