Postview vmi.3/19/2023 ![]() (Applicants for a State Cadetship also need a recommendation from their state senator.) The Sections of the Code of Virginia setting forth provisions for State Cadetships and the obligations concerned may be obtained from the Financial Aid Office. Upon receiving a State Cadetship, the State Cadet must assume certain obligations to the Commonwealth of Virginia in return for the financial assistance awarded through the Cadetship. Applications are made on forms which will be furnished by the Financial Aid Officer on request, and these applications should be submitted before March 1 of the year in which the applicant wishes to enter VMI. State Cadetships, which are limited in number, are restricted to bona fide residents of Virginia, and applicants are required to show, on the basis of need, that it would be impossible to attend VMI without this financial assistance. State Cadets are exempt from payment of tuition and board, but pay all other charges. These are residents of Virginia who receive special appointments by the Board of Visitors, as specified in the Code of Virginia. For information on applying for such grants, see Reserve Officers Training Corps. The FAFSA may be completed on-line at ROTC Scholarships. Cadets must apply for aid each year by submitting a completed FAFSA and the VMI Financial Aid Application. Renewal of financial aid is not automatic. In the event of withdrawal before the end of the refund period, financial aid credits will be pro-rated. Statements provided on PostView will reflect credit for aid awarded. More information on the Federal Direct loan programs may be found at Normally, payment of all financial aid stipends is made in two installments, credited to the cadet’s account in each semester of the school session. There must be a current FAFSA for the student before the parent can utilize the Federal PLUS loan. Parents can borrow up to the full cost of their child’s education through the Federal PLUS loan program. ![]() Cadets must apply for financial aid by submitting the FAFSA and VMI financial aid application before they can be considered for a Federal Direct loan. ![]() and athletic scholarships provided by the VMI Keydet Club.įederal Direct loans (also referred to as Stafford Loans) are available regardless of need. The FAFSA is available on-line at Sources of aid at VMI include Perkins Loans, Federal Direct loans, Federal Pell Grants, Federal Supplemental Educational Opportunity Grants, Commonwealth of Virginia Programs (College Scholarship Assistance Program) need-based and merit based scholarships endowed through the VMI Foundation, Inc. Awards are based on the cadet’s demonstrated financial need as determined through the Free Application for Federal Student Aid (FAFSA). The purpose of the VMI financial aid program is to provide monetary assistance to cadets who, without such aid, would be unable to attend and to provide aid to cadets with superior abilities.
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