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Award Package

General Information

The award package is a list of the financial aid we can offer you for a particular aid year.  It lists the types and the amounts of financial aid you can expect to receive at Virginia Tech.  The aid may consist of federal, state, and private aid from the university and other sources. 

The student’s eligibility for financial aid awards is determined by the information provided in the FAFSA.  The federal processor uses the student’s and parents’ (if applicable) FAFSA data to calculate the student’s Expected Family Contribution (EFC).

The offer of financial aid is subject to changes in enrollment, additional aid received (i.e. outside scholarships or loans), or personal family circumstances.  All amounts are estimated until all requirements to receive the aid have been met (i.e. Entrance Interview, Master Promissory Note).

Award Notification

An Award Letter will be mailed to the permanent address for prospective students.  We will also send out an Award Email Notification to both prospective and returning students.  The email address provided on the FAFSA will be used for prospective students until the acceptance deadline has passed.  After that time, the VT email account will be the primary form of communication for both new and returning students.

In your Award Letter a guide is enclosed that will explain the Financial Aid Notification and provides a worksheet to help you calculate your ‘Net Cost’: what you will actually pay after all financial aid is applied. On the final page of the guide you will find a Frequently Asked Questions section that explains the next steps of accepting your offer and completing your Financial Aid paperwork.

Preview the Financial Aid Guide here

View the Estimated In-State Cost of Attendance for 2017-18 here

View the Estimated Out-of-State Cost of Attendance for 2017-18 here


Additional Aid and Payment Options

If after reviewing the award package and cost information you determine you need additional financial assistance or payment options, please review the following options on the Virginia Tech website: