univstats
Financial Aid Scoreboard
Number Received Financial Aid (All Undergraduate) 13,374
Percent Received Financial Aid(All Undergraduate) 59%
Average Aid Amount $11,276
Number Received Financial Aid (Freshmen) 3,628
Percent Received Financial Aid (Freshmen) 83%

Financial Aid Information at VCU

For the academic year 2019-2020, a total of 13,374 students (59% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $11,276. For freshmen (Full-time, first-time degree-seeking undergraduate students), 3,628 students (83% of enrolled students) received financial aid.
The 2022 undergraduate tuition & fees at Virginia Commonwealth University is $15,319 for Virginia residents and $36,657 for out-of-state students, for reference.

All Undergraduate Students Financial Aid

For the academic year 2019-2020, a total of 13,374 students (59% of all students) have received grants or scholarships and the average received aid amount is $11,276. 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 aid13,37459%$11,276
Pell Grants6,64329%$4,769
Federal Student Loans10,62947%$6,652

Beginning Students Financial Aid

a total of 3,628 beginning students (83% of all freshmen) have received any financial aid and 3,568 students (82% 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 Aid3,62883%-
Grants or Scholarship from All Sources3,19473%$12,811
Federal Grants1,54435%$5,610
Pell Grants1,37031%$4,869
Other Federal Grants1,37631%$1,448
State/Local Grants1,73740%$7,951
Institutional Grants2,90066%$6,361
Student Loans2,25952%$8,195
Federal Student Loans2,14749%$5,227
Other Student Loans43810%$16,644

Students Headcount by Living Status

For academic year 2019-2020, total 2,858 full-time beginning students have enrolled and attended Virginia Commonwealth University. Among them, 2,550 students have lived on campus and 76 students lived off campus (without family). Next table shows the students count by living status and years.
Student Headcount by Living Location/Setting at Virginia Commonwealth University
Living Status201720182019
Living On-Campus2,4372,4792,550
Living Off-Campus with Family165186177
Living Off-Campus without Family988576

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

Next 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 2019-2020 . 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 level2,4602,139$28,272,363$11,493
$0 - $30,000563563$9,838,860$17,476
$30,001 - $48,000364362$5,857,576$16,092
$48,001 - $75,000461455$6,191,448$13,430
$75,001 - $110,000394353$3,527,430$8,953
$110,001 or more678406$2,857,049$4,214