Number Received Financial Aid (All Undergraduate)
2,345
Percent Received Financial Aid(All Undergraduate)
75%
Average Aid Amount
$40,433
Number Received Financial Aid (Freshmen)
588
Percent Received Financial Aid (Freshmen)
69%
Financial Aid Information at UR
For the academic year 2023-2024, a total of 2,345 students (75% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $40,433. For freshmen (Full-time, first-time degree-seeking undergraduate students), 588 students (69% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at University of Richmond is $65,230, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 2,345 students (75% of all students) have received grants or scholarships and the average received aid amount is $40,433. 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 | 2,345 | 75% | $40,433 |
| Pell Grants | 552 | 18% | $5,151 |
| Federal Student Loans | 1,049 | 33% | $6,140 |
Beginning Students Financial Aid
a total of 588 beginning students (69% of all freshmen) have received any financial aid and 577 students (68% 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 | 588 | 69% | - |
| Grants or Scholarship from All Sources | 547 | 64% | $42,050 |
| Federal Grants | 113 | 13% | $6,535 |
| Pell Grants | 111 | 13% | $5,366 |
| Other Federal Grants | 33 | 4% | $4,326 |
| State/Local Grants | 116 | 14% | $4,412 |
| Institutional Grants | 532 | 63% | $40,886 |
| Student Loans | 277 | 33% | $9,640 |
| Federal Student Loans | 271 | 32% | $5,071 |
| Other Student Loans | 45 | 5% | $28,805 |
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