Virginia Tech residence halls are currently oversubscribed for the 2011 fall semester.

Virginia Tech enrollment projections are on target, but an unusually low housing contract cancellation rate has occurred. Other variables affecting the situation include fewer academic suspensions from the spring 2011 semester, substantial growth in the Virginia Tech Corps of Cadets, and a growing interest among local students to reside on campus rather than at home.

To encourage up to 200 students to cancel their housing contracts for the 2011-2012 academic year, Virginia Tech's Housing and Residence Life is offering a “buy-out” option for students holding a housing contract, except those in the Corps of Cadets or assigned to the Oak Lane Greek housing community.

The first 200 eligible students who accept the offer will be released from their campus housing contracts, and any deposits paid will be refunded or applied toward other university charges such as tuition and fees. Each student will also receive $300 in Dining Dollars, which can be used in all Dining Services venues. In addition, these students will be guaranteed suite-style housing and early preference privileges for campus housing during the 2012-2013 school year.

Students who have completed a housing contract and wish to accept this offer should email Housing and Residence Life, provide their name and Virginia Tech ID number, and indicate that they would like to accept the buy-out incentive or go to the housing office at 144 New Hall West to fill out a form.

Contact Housing and Residence Life at 540-231-6205 with any questions.