univstats
Number Received Financial Aid (All Undergraduate) 15,675
Percent Received Financial Aid(All Undergraduate) 73%
Average Aid Amount $11,794
Number Received Financial Aid (Freshmen) 3,620
Percent Received Financial Aid (Freshmen) 90%

Financial Aid Information at VCU

For the academic year 2021-2022, a total of 15,675 students (73% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $11,794. For freshmen (Full-time, first-time degree-seeking undergraduate students), 3,620 students (90% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Virginia Commonwealth University is $16,458 for Virginia residents and $39,042 for out-of-state students, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 15,675 students (73% of all students) have received grants or scholarships and the average received aid amount is $11,794. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Virginia Commonwealth University for all undergraduate students.
Undergraduate Student Financial Aid at Virginia Commonwealth University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid15,67573%$11,794
Pell Grants6,38130%$4,871
Federal Student Loans9,04342%$6,477

Beginning Students Financial Aid

a total of 3,620 beginning students (90% of all freshmen) have received any financial aid and 3,594 students (89% 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 Virginia Commonwealth University.
Beginning Students (Freshmen) Financial Aid at Virginia Commonwealth University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid3,62090%-
Grants or Scholarship from All Sources3,37383%$12,583
Federal Grants1,85346%$5,619
Pell Grants1,31132%$5,116
Other Federal Grants1,44236%$2,569
State/Local Grants1,46736%$7,415
Institutional Grants2,94773%$7,178
Student Loans1,90747%$7,807
Federal Student Loans1,82145%$5,222
Other Student Loans3058%$17,637

Students Headcount by Living Status

For academic year 2021-2022, total 3,067 full-time beginning students have enrolled and attended Virginia Commonwealth University. Among them, 2,644 students have lived on campus and 127 students lived off campus (without family). The following table shows the students count by living status and years.
Student Headcount by Living Location/Setting at Virginia Commonwealth University
Living Status201920202021
Living On-Campus2,5502,1882,644
Living Off-Campus with Family177207248
Living Off-Campus without Family7683127

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows number of students who paid the in-state or in-district tuition rate and were awarded any grant/scholarship by income level for academic year 2021-2022 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
Grants of Scholarship Aid Statistics By Income Level at Virginia Commonwealth University
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level2,1861,989$28,380,373$12,983
$0 - $30,000492492$9,446,453$19,200
$30,001 - $48,000371371$6,660,551$17,953
$48,001 - $75,000396391$5,826,303$14,713
$75,001 - $110,000348312$3,464,287$9,955
$110,001 or more579423$2,982,779$5,152