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VMI board reviews budget options and a path to hold tuition flat amid enrollment pressures
Summary
The Virginia Military Institute presented two tuition/fee options for fiscal 2026 — a 0% tuition increase with a 3% fee rise or a 2.5% tuition increase with a 3% fee rise — and outlined state funding requests, reserves and cost pressures as the Board considers affordability strategies tied to enrollment projections.
The Virginia Military Institute on Thursday briefed its Board of Visitors on two preliminary fiscal 2026 scenarios intended to balance affordability with rising operational costs.
Superintendent and senior staff presented a default option that would hold tuition flat and raise mandatory fees by 3 percent, and an alternative that would increase tuition by 2.5 percent with the same 3 percent fee rise. Administration officials said the fee increase is aimed primarily at covering contractual and utilities cost growth while the tuition element is where the board can choose to limit or adopt modest increases.
Board members were shown revenue and expenditure models for both options and told the difference in projected revenue between the two plans is about $800,000. The school’s…
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