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VMI trustees briefed on enrollment trends and federal loan changes that will affect future rats

Board of Visitors, Virginia Military Institute · January 31, 2026
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Summary

Board heard admission and enrollment updates: applications (1,519), deposits up ~20% (173 deposits noted), female deposits at 24%, and new federal loan limits (proposed $20,000/year cap, $65,000 lifetime cap) that will affect incoming recruits; Pell clarification means some full-ride cadets still qualify for Pell for cost-of-attendance items.

Board members received a sequence of briefings on enrollment and financial aid that framed near-term recruiting work.

Admissions director reported 1,519 submitted applications, a roughly 13% drop from the prior year but noted a 20% increase in deposits with 173 deposits recorded so far. "We're up by 20% in deposits," the admissions presenter said, adding that the institute continues to target a class size near 500 matriculants in August.

Speaker 7 summarized a…

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