The Virginia Tech Board of Visitors met today at Virginia Tech Research Center -- Arlington and approved a resolution to set the university's tuition and fees for the 2012-13 academic year.

Tuition and mandatory fees for a Virginia undergraduate student will be $10,923, an increase of $414. Tuition and mandatory fees for a non-Virginia undergraduate student not living on campus will be $25,915, a $1,435 increase.

The approved resolution calling for a 3.9 percent increase for resident undergraduate students is the lowest at Virginia Tech in a decade.

Total average annual costs for a Virginia undergraduate student living on campus rose from $17,365 to $18,177. The total cost of a non-resident student living on campus increases from $31,336 to 33,169.

Graduate tuition and fees for Virginia residents will increase from $11,705 to 12,413 and move from $21,723 to $23,266 for out-of-state students. Tuition and fees for Maryland and Virginia residents attending the Virginia-Maryland Regional College of Veterinary Medicine will be $21,434, up from $20,636. Non-resident veterinary students will pay $46,366 annually.

To read the 2012-13 tuition and fees resolution, visit the Virginia Tech Board of Visitors website.

Dedicated to its motto, Ut Prosim (That I May Serve), Virginia Tech takes a hands-on, engaging approach to education, preparing scholars to be leaders in their fields and communities. As the commonwealth’s most comprehensive university and its leading research institution, Virginia Tech offers 240 undergraduate and graduate degree programs to more than 31,000 students and manages a research portfolio of $513 million. The university fulfills its land-grant mission of transforming knowledge to practice through technological leadership and by fueling economic growth and job creation locally, regionally, and across Virginia.

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