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 $66,590. 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!

Join the Office of Financial Aid on Tuesday, November 18th at 4:30pm in Brown Alley Room 313 (in Weinstein Hall) for “Stuffing Your Wallet,” a session on budgeting during the holiday season!

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The 2026-27 Free Application for Federal Student Aid (FAFSA) and the 2026-27 CSS Profile application are now available for students interested in applying for need-based financial aid for the 2026-27 academic year (Summer 2026, Fall 2026, Spring 2027). Visit How to Apply for application requirements and deadlines. 

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The One Big Beautiful Bill Act was signed into law on July 4, 2025, bringing important changes to federal student aid. Visit our Federal Update page to learn how these changes may impact you. 

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Follow @ur_financialaid or https://www.instagram.com/ur_financialaid/ for financial aid updates! 

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.

Updates