Prospective Undergraduates

The University of Richmond prides itself on having some of the best financial aid resources anywhere—and helping students and their families understand the aid process.

Richmond promises to meet 100% of demonstrated need for every admitted student—and we don't consider financial need when making admission decisions for U.S. citizens and permanent residents. Learn more about our need-based aid program, Richmond in Reach.

All first-year applicants—regardless of need-based aid eligibility—are considered for merit-based aid, including full-tuition scholarships and a variety of interest-based programs.

And there are other sources of financial aid available to help students and their families meet educational expenses.

By the Numbers

In 2014–15, undergraduate students received $69 million in grants and scholarships; $63 million came from the University of Richmond.

66% of undergraduates receive grants or scholarships.

1 in 10 Richmond undergraduates receives aid through a merit scholarship.

40% of undergraduates are eligible for need-based aid, and the average financial aid package for these students is $43,000.