2026 data College Scorecard official source

Affordable Alternatives to Virginia Military Institute

Open-data reference.

We found 15 schools structurally similar to Virginia Military Institute that cost less. 5 offer comparable or better earnings outcomes.

Your School

Virginia Military Institute

Lexington, Virginia · Public

$17,113
Net Price
$77,369
Median Earnings (10yr)
71.3%
Acceptance Rate
78.9%
Graduation Rate

What the IPEDS & College Scorecard Data Shows for Alternatives to Virginia Military Institute

Virginia Military Institute posts an average net price of $17,113 after grants and scholarships, the IPEDS-derived figure used to anchor this alternatives search. We screened institutions in the Integrated Postsecondary Education Data System for colleges that report a lower net price and share structural similarity with Virginia Military Institute across six dimensions — ownership sector, Carnegie classification, undergraduate enrollment, admission rate, graduate earnings, and completion rate. 15 institutions cleared a 40-percent similarity threshold.

The maximum possible savings across this list is $14,080, achieved by CUNY Bernard M Baruch College at $3,033. Of greater interest to ROI-focused applicants: 5 of the 15 alternatives also report median 10-year earnings at or above Virginia Military Institute’s $77,369, meaning lower cost is not paired with lower earnings. The mean median-earnings figure across alternatives is $75,742.

The similarity scoring treats enrollment size, Carnegie classification, and ownership sector as high-weight features because those structural attributes correlate most strongly with student experience and post-graduation outcomes in the College Scorecard literature. Admission rate and graduation rate enter as secondary features, while net price drives the cost-ranking that determines which institutions appear. Net price is an IPEDS-reported figure calculated as the average cost of attendance minus institutional and federal grants for first-time, full-time undergraduates receiving Title IV aid — so it already accounts for the aid a typical admitted student would receive. That makes it a more honest cost comparison than sticker-price tuition alone.

Similar Schools That Cost Less

15
Alternatives Found
$14,080
Max Savings
5
Better Value Options
56%
Best Match

Top 5 alternatives by 10-yr earnings

Top 5 alternatives by 10-yr earnings Horizontal bar chart of the top 5 items by value (USD). Top 5 alternatives by 10-yr earnings Top 5 1. University of Connecticut-Ha $74k 2. Brigham Young University $76k 3. Missouri University of Scien $83k 4. Bowdoin College $83k 5. University of Maryland-Balti $70k Compared to Virginia Military Institute: $77k.

Source: U.S. Department of Education — College Scorecard Institution-level earnings + cost-of-attendance file · 2024 (latest release) Median 10-year earnings reflect federal-aid recipients only; net price reflects sticker price minus average grants/scholarships.

School Net Price Savings Earnings (10yr) Graduation Similarity
University of Connecticut-Hartford Campus
Hartford, CT · Public
$16,403 -$710 $73,997 65.2% 56%
Brigham Young University
Provo, UT · Private Nonprofit
$15,564 -$1,549 $75,790 81.6% 52%
Missouri University of Science and Technology
Rolla, MO · Public Better Value
$16,298 -$815 $82,957 64.0% 51%
Bowdoin College
Brunswick, ME · Private Nonprofit Better Value
$14,398 -$2,715 $82,735 95.4% 51%
University of Maryland-Baltimore County
Baltimore, MD · Public
$16,467 -$646 $69,960 70.3% 51%
University of Florida-Online
Gainesville, FL · Public
$4,815 -$12,298 $71,588 81.2% 50%
University of California-Riverside
Riverside, CA · Public
$14,304 -$2,809 $67,699 76.3% 50%
New Jersey Institute of Technology
Newark, NJ · Public Better Value
$16,504 -$609 $84,276 72.9% 49%
Colorado State University Global
Denver, CO · Public
$16,510 -$603 $76,813 N/A 49%
California State Polytechnic University-Pomona
Pomona, CA · Public
$11,531 -$5,582 $71,902 67.6% 49%
University of Minnesota-Rochester
Rochester, MN · Public
$13,744 -$3,369 $69,020 57.1% 49%
University of Washington-Seattle Campus
Seattle, WA · Public Better Value
$14,091 -$3,022 $78,466 84.5% 48%
New Mexico Institute of Mining and Technology
Socorro, NM · Public
$9,873 -$7,240 $76,489 56.8% 48%
University of Washington-Tacoma Campus
Tacoma, WA · Public Better Value
$10,163 -$6,950 $78,466 62.8% 47%
CUNY Bernard M Baruch College
New York, NY · Public
$3,033 -$14,080 $75,971 72.1% 46%

How We Match Schools

Our similarity engine compares schools across six dimensions: institution type (Carnegie classification), ownership (public/private), enrollment size, admission selectivity, graduate earnings, and completion rates. Each dimension is weighted by its impact on student outcomes.

Only schools with a lower average net price than Virginia Military Institute are shown. Schools marked "Better Value" have comparable or higher median earnings at a lower cost.

Data source: U.S. Department of Education College Scorecard. Earnings are median values 10 years after enrollment, drawn from U.S. Treasury tax records. Net price is the average cost after grants and scholarships for first-time, full-time students, as reported through IPEDS.

Frequently Asked Questions

What are cheaper alternatives to Virginia Military Institute?
We found 15 schools similar to Virginia Military Institute that cost less. The closest match is University of Connecticut-Hartford Campus with 56% similarity and a net price of $16,403.
What is the ROI of attending Virginia Military Institute?
Virginia Military Institute has an average net price of $17,113. Graduates earn a median of $77,369 ten years after enrollment. The earnings-to-cost ratio is 4.5x.
Are there schools with better outcomes than Virginia Military Institute for less money?
Yes — 5 of 15 alternatives offer comparable or higher median earnings at a lower net price. Missouri University of Science and Technology costs $16,298 (saving $815) with median earnings of $82,957.
What is the cheapest alternative to Virginia Military Institute?
The most affordable similar school is CUNY Bernard M Baruch College at $3,033, saving $14,080 compared to Virginia Military Institute. It has a 46% similarity score.
How do alternative schools' earnings compare?
The 15 alternatives have an average median earnings of $75,742 compared to Virginia Military Institute's $77,369. While alternatives cost less, their average earnings are also lower. Individual results vary — check the comparison table above.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Department of Education College Scorecard. Consult a qualified professional before making decisions based on this data.