Presidential Scholarship Initiative (PSI)

Funded by Virginia Tech, the Virginia Tech Presidential Scholarship Initiative (PSI) provides financial assistance to full-time undergraduate Virginia residents with significant financial need based on the results of the FAFSA. This scholarship applies to VT tuition and fees, room and board only and is renewable for up to 3 years. Recipients must be Virginia residents for in-state tuition purposes, graduate from a Virginia high school, be Pell Grant eligible with significant financial need, and demonstrate potential for stellar academic performance. Renewal requirements include submitting a valid verified FAFSA, demonstrating financial need, be Pell Grant eligible, maintain a 3.0 GPA, show evidence of leadership potential, and must meet the financial aid priority deadline. Changes to your FAFSA calculated expected family contribution in future aid years could affect the amount of this grant and, in some cases, might result in cancellation. Additionally, if you do not maintain Satisfactory Academic Progress you will not be eligible for this grant.