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-nine percent of undergraduates are eligible for need-based aid, with an average need-based aid package of $53,920. 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.

Attention Spiders!

The 2022-23 Free Application for Federal Student Aid (FAFSA) and the 2022-23 CSS Profile application both open on October 1 for instituational need-based aid for the 2022-2023 academic year (Summer 2022, Fall 2022, Spring 2023).

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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.