Number Received Financial Aid (All Undergraduate)
2,228
Percent Received Financial Aid(All Undergraduate)
70%
Average Aid Amount
$41,231
Number Received Financial Aid (Freshmen)
547
Percent Received Financial Aid (Freshmen)
63%
Financial Aid Information at UR
For the academic year 2021-2022, a total of 2,228 students (70% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $41,231. For freshmen (Full-time, first-time degree-seeking undergraduate students), 547 students (63% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at University of Richmond is $62,600, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 2,228 students (70% of all students) have received grants or scholarships and the average received aid amount is $41,231. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at University of Richmond for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 2,228 | 70% | $41,231 |
| Pell Grants | 582 | 18% | $4,992 |
| Federal Student Loans | 1,028 | 32% | $5,954 |
Beginning Students Financial Aid
a total of 547 beginning students (63% of all freshmen) have received any financial aid and 529 students (61% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at University of Richmond.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 547 | 63% | - |
| Grants or Scholarship from All Sources | 498 | 57% | $46,385 |
| Federal Grants | 354 | 41% | $3,830 |
| Pell Grants | 145 | 17% | $5,192 |
| Other Federal Grants | 354 | 41% | $1,704 |
| State/Local Grants | 127 | 15% | $4,315 |
| Institutional Grants | 460 | 53% | $46,078 |
| Student Loans | 275 | 32% | $8,250 |
| Federal Student Loans | 270 | 31% | $4,950 |
| Other Student Loans | 38 | 4% | $24,529 |
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