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National Application Center :: campus tours :: University of Richmond costs & financial aid

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University of Richmond

University of Richmond
28 Westhampton Way
University of Richmond, VA 23173

Official telephone: (804) 289-8000
Toll-free telephone: (800) 700-1662
Website: www.richmond.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: Cynthia B. Deffenbaugh,
Director of Financial Aid
Contacting the office: 804 289-8438
804 484-1650 (fax)
finaid@richmond.edu
FAFSA number: 003744
CSS/PROFILE number: 5569

EXPENSES
Undergraduate tuition: $49,420; $49,420 out-of-state
Book fees: $1,100
Miscellaneous expenses: $1,060
Combined room and board expenses: $11,460

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAN/AnoFebruary 15
CSS/Financial Aid PROFILEN/AnoFebruary 15
Noncustodial (Divorced/Separated) Parent's StatementN/AnoFebruary 15
copies of student and parent federal tax returnsN/AnoMarch 1

Date award notification begins: April 1
Applied for financial aid:
60% of first-year students
50% of full-time undergraduates
17% of part-time undergraduates
Determined to have financial need:
70% of first-year students
81% of full-time undergraduates
100% of part-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
100% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
99% of first-year students
98% of full-time undergraduates
100% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
75% of first-year students
80% of full-time undergraduates
67% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
23% of first-year students
18% of full-time undergraduates
33% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
86% of first-year students
83% of full-time undergraduates
33% 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):
100% for first-year students
100% for full-time undergraduates
100% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$45,705 for first-year students
$44,771 for full-time undergraduates
$42,619 for part-time undergraduates
Average need-based gift award:
$39,666 for first-year students
$38,985 for full-time undergraduates
$37,767 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$3,955 for first-year students
$4,591 for full-time undergraduates
$6,455 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,065 for first-year students
$3,807 for full-time undergraduates
$5,500 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
7% of first-year students
16% of full-time undergraduates
0% 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):
$41,154 for first-year students
$24,123 for full-time undergraduates
$0 for part-time undergraduates
Students who received a non-need-based athletic award:
7% of first-year students
7% of full-time undergraduates
17% of part-time undergraduates
Average non-need-based athletic award:
$30,915 for first-year students
$34,332 for full-time undergraduates
$29,095 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 25%

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • Federal Perkins Loans
Parent loans packaged to meet need: no
First-year loan package range: $500 - $5,500
Undergraduate loan package range: $500 - $7,500
Percent of undergraduates who have borrowed through all loan programs: 43%
Average student debt upon graduation: $26,250
Types of payment plans:
  • deferred payment plan
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • academic merit scholarships/grants
  • creative arts/performance
  • special achievements/activities
  • special characteristics
  • athletic scholarships
  • ROTC scholarships
First-year scholarship/grant award range: $500 - $61,370
Undergraduate scholarship/grant award range: $500 - $61,370
Percent of scholarship aid awarded to out-of-state students: 74%

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