What It Means to be 110% Hokie
Every day Hokie coaches and student-athletes to give 110 percent. Whether it’s in the classroom, community, or in competition, they are passionate about Virginia Tech. Now we are asking you, the heart and soul of our “team,” to do the same by adding an extra 10 percent to your annual Hokie Club gift from last year! Your investment will directly impact all of our talented student-athletes who work tirelessly every day to bring success, ACC championships and nation recognition to their team, the University and our fans. Now it’s your chance to take the challenge…and give 110%!!
What is Cost of Attendance?
For more than 40 years, the maximum allowable NCAA Division I athletics scholarship covered tuition, fees, room, board, and books but not the incidental personal costs of attending college. Beginning August 1, 2015, that will change.
In January 2014, the NCAA passed legislation allowing institutions to pay a student-athletes full cost of attendance (COA), essentially covering the scholarship “gap.” These scholarship enhancements (of $3,280 for in-state and $3,620 for out-of-state at Virginia Tech) will increase the total scholarship bill by approximately $950,000, to approximately $14.4 million annually.
A student’s cost of attendance is an estimate of the expenses designed to represent his/her projected annual cost to attend a specific college or university. Each school’s financial aid office determines COA, using broad federal guidelines originating from the Higher Education Act of 1965. The cost of attendance number serves as a maximum, and comprises only those expenses that are directly related to college attendance. Typical items include tuition, fees, room, board, books, and now, miscellaneous personal expenses, transportation home, etc.