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VMI projects enrollment rebound and outlines FY27 budget with illustrative 3% tuition increase
Summary
VMI staff told the board they are projecting a new class of about 480 cadets (307 Virginians, 173 out‑of‑state), census enrollment near 1,594, and built $4.4 million of increased costs into a FY27 budget model that includes an illustrative 3% tuition increase for in‑state and out‑of‑state students.
Finance and enrollment staff told the Board of Visitors that fiscal‑year 2027 planning assumes a new class of roughly 480 cadets—about 307 Virginians and 173 out‑of‑state students—yielding a projected census enrollment of approximately 1,594 if those targets hold.
The budget presentation embedded conservative assumptions: projected state educational funding, $4.4 million in increased operating costs (salaries, benefits and contract escalations), and an illustrative 3% tuition and fee increase for both…
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