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National Application Center :: campus tours :: Virginia Commonwealth University costs & financial aid

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Virginia Commonwealth University

Virginia Commonwealth University
P.O. Box 842527
Richmond, VA 23284

Official telephone: (804) 828-0100
Website: www.vcu.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2015 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Marc Vernon,
Executive Director of Financial Aid
Contacting the office: 804 828-6669
804 827-0060 (fax)
faidmailag@vcu.edu
FAFSA number: 003735

EXPENSES
Undergraduate tuition: $10,846; $29,378 out-of-state
Additional required fees: $2,230
Book fees: $1,464
Combined room and board expenses: $9,919

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAMarch 1yesN/A

Date award notification begins: April 1
Applied for financial aid:
81% of first-year students
71% of full-time undergraduates
54% of part-time undergraduates
Determined to have financial need:
77% of first-year students
83% of full-time undergraduates
84% of part-time undergraduates
Students determined to have financial need who received any financial aid:
96% of first-year students
96% of full-time undergraduates
86% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
78% of first-year students
76% of full-time undergraduates
68% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
81% of first-year students
85% of full-time undergraduates
78% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
29% of first-year students
18% of full-time undergraduates
8% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
10% of first-year students
11% of full-time undergraduates
6% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
54% for first-year students
54% for full-time undergraduates
36% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$11,515 for first-year students
$10,900 for full-time undergraduates
$5,807 for part-time undergraduates
Average need-based gift award:
$7,771 for first-year students
$6,768 for full-time undergraduates
$2,969 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$3,618 for first-year students
$4,399 for full-time undergraduates
$3,989 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,369 for first-year students
$4,260 for full-time undergraduates
$3,989 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
17% of first-year students
9% of full-time undergraduates
8% of part-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$9,391 for first-year students
$11,436 for full-time undergraduates
$4,731 for part-time undergraduates
Students who received a non-need-based athletic award:
1% of first-year students
1% of full-time undergraduates
0% of part-time undergraduates
Average non-need-based athletic award:
$24,920 for first-year students
$21,876 for full-time undergraduates
$8,468 for part-time undergraduates
School participates in Federal Work-Study Program: yes

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • Federal Perkins Loans
  • Federal Nursing Loans
  • College/University Loans
Parent loans packaged to meet need: no
Percent of undergraduates who have borrowed through all loan programs: 66%
Average student debt upon graduation: $30,726
Types of payment plans:
  • school's own payment plan(s)
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
  • Federal Nursing Scholarships
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • academic merit scholarships/grants
  • creative arts/performance
  • special achievements/activities
  • athletic scholarships

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