For the academic year 2022-2023, total 3,620 full-time, first-time students (90% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 15,675 students (73% of all students) received grants or scholarships and the average grant amount is $11,794. In addition, 9,043 students received student loans and the average loan amount is $6,477.
Below tables show the number and amount by source of financial aid at Virginia Commonwealth University.
For all undergraduate students, total 15,675 students (73% of all students) received grants or scholarships and the average grant amount is $11,794. In addition, 9,043 students received student loans and the average loan amount is $6,477.
Below tables show the number and amount by source of financial aid at Virginia Commonwealth University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 15,675 | 73% | $11,794 |
| Pell Grants | 6,381 | 30% | $4,871 |
| Federal Student Loans | 9,043 | 42% | $6,477 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 3,620 | 90% | - |
| Grants or Scholarship from All Sources | 3,373 | 83% | $12,583 |
| Federal Grants | 1,853 | 46% | $5,619 |
| Pell Grants | 1,311 | 32% | $5,116 |
| Other Federal Grants | 1,442 | 36% | $2,569 |
| State/Local Grants | 1,467 | 36% | $7,415 |
| Institutional Grants | 2,947 | 73% | $7,178 |
| Student Loans | 1,907 | 47% | $7,807 |
| Federal Student Loans | 1,821 | 45% | $5,222 |
| Other Student Loans | 305 | 8% | $17,637 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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