A Private Education Made Affordable

A Private Education Made Affordable

Richmond is one of a few institutions in the U.S. with both a "need-blind" admission policy and a guarantee to meet 100 percent of demonstrated need for traditional undergraduate applicants. Thirty-seven percent of undergraduates are eligible for need-based aid, with an average need-based aid package of $55,600. Plus, all first-year applicants who apply by December 1st are considered for merit-based aid, including full tuition, room, and board scholarships and a variety of interest-based programs.

UR students

Attention Spiders!

The Free Application for Federal Student Aid (FAFSA) and the Collegeboard CSS Profile are available for the 2022-2023 aid year (summer 2022, fall 2022 and spring 2023).

Summer Session 2022:  If you would like to apply for a loan for the summer session, the Free Application for Federal Student Aid (FAFSA) and a Summer Federal Direct Loan Application are required. Please allow six weeks prior to the start of the session for timely processing.

Students should accept or decline subsidized and/or unsubsidized Federal Direct student loans on Bannerweb. For specific instructions on how to do this, please review How to Accept or Decline Your Federal Direct Loans.

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Richmond Scholars

The Richmond Scholars program awards the University’s most prestigious academic scholarships. Up to 25 incoming students receive these awards, which cover full tuition, room, and board. All first-year applicants for undergraduate admission who apply by December 1st are automatically considered for this scholarship.

Brick entrance sign to the University of Richmond.

Richmond’s Promise to Virginia

For students who are Virginia residents with total annual parental income of $60,000 or less, the University provides grant-based financial aid equal to full-time tuition, room, and the Spider Unlimited meal plan.