Overview
University of Richmond is a private, non-profit 4-year college located in University of Richmond, Virginia. There are currently 3,002 undergraduates at Richmond and the school’s acceptance rate is 23%. The tuition at Richmond is $62,600.
Essay
Scholarships & Financial Aid
$81,320
$47,903
$33,417
Cost Breakdown
Estimated Cost:
$81,320The sticker price at Richmond is $81,320. This includes the cost of tuition and fees, room and board, books and supplies, and other miscellaneous expenses.
The cost of attendance can vary from year to year and will typically rise over your four years in college. That said, colleges will recalculate your financial aid every year to take price increases and changes in your financial situation into account.
College costs can look different for every student based on their financial situation. To get a more accurate picture of what tuition at Richmond would look like for you, try entering your financial information into their Net Price Calculator.
University of Richmond Financial Aid
To apply for financial aid at Richmond you’ll need to submit the Free Application for Federal Student Aid (FAFSA) as well as the CSS Profile.
The FAFSA and CSS Profile use financial information from the prior, prior year. That means you can submit the forms even if you or your parents haven’t filed last year’s taxes.
The FAFSA code for Richmond is 003744 and the CSS Profile Code is 5569.
The FAFSA is completely free, while the CSS Profile charges a fee for each college you send it to. If you have demonstrated financial need, you may qualify for a CSS Profile fee waiver.
If you are looking for more information on how to complete the FAFSA or the CSS Profile, check out these resources:
Apply to these scholarships due soon
See more Virginia scholarshipsUniversity of Richmond’s 100% Need-Met Guarantee
Richmond meets 100% of admitted students’ financial need. Using the FAFSA and/or CSS Profile, they calculate your need and offer a combination of scholarships and federal loans to cover any costs you and your family cannot pay.
National Merit Scholarships
If you scored exceptionally high on the PSAT/NMSQT, you may have been named a National Merit Scholarship Finalist. Did you know that this distinction could earn you a scholarship at University of Richmond? Richmond offers scholarship money to National Merit Scholarship Finalists, although terms may vary. Some schools require you to list them as your first choice in order to receive the benefit, and others may impose additional need-based or academic requirements. Be sure to check Richmond's website for more information!
Pell Grants at University of Richmond
15% of students at University of Richmond receive Pell Grants.
The federal government awards Pell Grants to undergraduate students who demonstrate financial need by filling out the FAFSA. Students with a bachelor’s or professional degree are not eligible. Pell Grants do not be repaid. If you receive a Pell Grant, the award amount should remain consistent at any college you gain admission to. You can learn more about Pell Grant eligibility here.
Outside Scholarships
Students can use outside scholarships to supplement their financial aid package at Richmond. Outside scholarships are awards offered by private and non-profit organizations separate from their college. To browse vetted, reliable outside scholarships, check out our popular lists:
Admissions
23%
Coalition Colleges
Richmond is a Coalition Member College, which means they have completed a vigorous vetting process from the Coalition for College to ensure that they “provide substantial support to lower-income, under-resourced and/or first-generation students; offer responsible student financial aid; and demonstrate a commitment to student graduation.” That also means you can apply to Richmond via the Coalition Application. The Coalition Application makes it easy to obtain application fee waivers if you qualify. It’s also a great way to discover other colleges that have demonstrated a strong commitment to affordability and strong student outcomes.
Does Richmond have a supplemental essay?
Yes, University of Richmond includes a supplemental essay in their application. Luckily, Scholarships360 has a free guide to help you answer Richmond's essay prompt and stand out in the application process.
Richmond Supplemental Essay Guide
Is Richmond test-optional?
University of Richmond is test-optional, which means that applicants are permitted, but not required, to submit their standardized test scores. If you choose not to submit your scores, admissions officers will weigh your grades, extracurriculars, essays, and interviews more heavily. If you aren’t sure whether to submit your standardized test scores, Scholarships360’s guide on whether to submit your test scores to test-optional schools can help.
What test scores do you need to get into University of Richmond?
Colleges use standardized tests like the SAT, ACT, or CLT as one of many factors to determine their admissions decisions. A high score on one of these tests does not guarantee admission to a college, and a low score does not guarantee rejection. However, the majority of accepted applicants to University of Richmond receive between a 32 and a 34 on their ACT, or a 1370 and a 1505 on their SAT.
Early Action
Early Decision I
Early Decision II
Regular Decision
What is the application deadline at Richmond?
Students must apply by January 1 to enroll at Richmond during the fall semester. Remember that college applications involve many pieces, including essays, a transcript, letters of recommendation, and more. Be sure to start your application as soon as you can to make sure you have enough time to make it as compelling as possible.
At Richmond students also have the opportunity to apply Early Decision. In order to take advantage of this option, you’ll have to have your application in by November 1.
You can also choose to apply Early Decision II, with a later deadline of January 1.
And if you’re considering applying Early Action at Richmond, remember that the deadline is November 1.
Is University of Richmond need-blind?
Yes, University of Richmond has need-blind admissions, which means they do not take financial need into account when they decide who to accept. If your FAFSA and/or CSS Profile indicate that you would need substantial financial aid, you will still be on equal footing with applicants who do not require any aid at all.
Academics
Student/Faculty Ratio
7:1
Graduation Rate
88%
Popular Majors
Percent of Students
Business, Management, & Marketing
44%
44% of graduates
Social Sciences
11%
11% of graduates
Biological & Biomedical Sciences
8%
8% of graduates
Multi/Interdisciplinary Studies.
7%
7% of graduates
Psychology
5%
5% of graduates
English Language & Literature
4%
4% of graduates
Health Professions & Related Programs
3%
3% of graduates
Computer & Information Sciences
3%
3% of graduates
Physical Sciences
3%
3% of graduates
Legal Studies
3%
3% of graduates
Mathematics
2%
2% of graduates
Visual & Performing Arts
2%
2% of graduates
Communications & Journalism
2%
2% of graduates
History
1%
1% of graduates
Natural Resources & Conservation
1%
1% of graduates
Languages & Literatures
1%
1% of graduates
Student Body
Undergraduate Students
3,002
Pell Grant 18%
Part-Time Undergrad Students 4%
Undergrad Students Over 25 3%
Percent Male / Female 46% / 54%
Ethnic Diversity at Richmond
61% White
11% International / Non-Citizen
10% Hispanic
6% Black
6% Asian / Pacific Islander
4% Multiracial
1% Unknown
Student Outcomes
Graduate Income
$76,178
Median Debt $21,000
Debt 10 years after graduation $223
Graduation Rate 88%
What is the graduation rate at University of Richmond?
88% of students who start at University of Richmond finish their degree within six years of enrolling. This is 30% more than the national median. A higher graduation rate indicates that students have better experiences at an institution.
How much do graduates of University of Richmond go on to earn?
The median income of students 10 years after starting at University of Richmond is $76,178. This is $25,787 more than the national median.
This data is from the College Scorecard, which only surveys students from University of Richmond who received federal financial aid.
Graduate earnings can vary widely based on many factors other than school choice. Major and career path are two important factors in how much a student goes on to earn. For more information, check out Scholarships360’s article on the average starting salary out of college.
How much do students at Richmond take out in loans?
Graduates of Richmond take out a median of $21,000 in federal student loans. This is $7,500 more than the national median. As you make decisions about your college loans, be sure to inform yourself on the advantages and disadvantages of each loan option. Scholarships360’s guide to navigating these different options is a great place to start.
Data Sources
We strive to provide users with the most up-to-date information and source data from publicly available sources, including the College Scorecard and directly from the colleges. College statistics can change throughout the year, but we do our best to update them as quickly as possible. If you see an error, feel free to contact us.
If you represent University of Richmond and would like to make any corrections or supplement your college profile with additional information, you can fill out our free Premium Profile questionnaire here.
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