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-six percent of undergraduates are eligible for need-based aid, with an average need-based aid package of $64,880. Plus, all first-year applicants who apply by December 1st are considered for merit-based aid, including full tuition, housing, and food scholarships and a variety of interest-based programs.

UR students

Attention Spiders!

Are you interested in applying for need-based financial aid for the 2025-2026 academic year (Summer 2025, Fall 2025, Spring 2026)? The 2025-26 CSS Profile and the 2025-26 Free Application for Federal Student Aid (FAFSA) are now available. Visit How to Apply for more information.

College Cost Transparency Initiative

The University of Richmond is committed to using the Principles & Standards of the College Cost Transparency Initiative in its student financial aid offer.

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, housing, and food. 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 $75,000 or less, the University provides grant-based financial aid equal to full-time tuition, housing, and the Spider Unlimited meal plan.