Costs
The sticker price at Richmond is $77,330. This sticker price includes costs for tuition, books and supplies, room and board, and other miscellaneous expenses.
It’s also important to note that the cost of attendance can vary from year to year and typically it will rise over your four years in college. With that said, your financial aid will also be recalculated every year to take any price increases, as well as any changes in your financial situation, into account.
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University of Richmond Financial Aid
Students who are applying for financial aid at Richmond need to submit both the Free Application for Federal Student Aid (or FAFSA), as well as the CSS Profile.
The FAFSA uses financial information from the prior, prior year which means that you don’t need to wait for the year to end and can use last year’s financial information.
The FAFSA code for Richmond is 003744 and the CSS Profile Code is 5569.
It should be noted that while the FAFSA is free, the CSS Profile does require an application fee. However, students can qualify for a CSS Profile application fee waiver if the cost will present a financial hardship for the students’ family.
If you are looking for more information on how to complete the FAFSA or the CSS Profile, check out these resources:
University of Richmond’s 100% Need-Met Guarantee
Richmond has committed to meeting 100% of applicants’ financial needs. They determine your financial need using the FAFSA and/or CSS Profile, and will ensure that your financial aid package covers any costs you 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!
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Pell Grants at University of Richmond
17% of students at University of Richmond receive Pell Grants, which are awarded to undergraduate students with demonstrated financial need (students who have a bachelor’s or professional degree are not eligible). Pell Grants are awarded by the federal government and do not need to be repaid. To apply for a Pell Grant, students will need to submit their FAFSA. If you are awarded a Pell Grant, you’ll see it listed in your financial aid award letter if you are accepted to University of Richmond.
You can learn more about Pell Grant eligibility here.
Outside Scholarships
Richmond students can also apply for outside scholarships to fund their education. Outside scholarships are awards that are offered by private and non-profit organizations. If you want to see what outside scholarships you are eligible for, check out these resources: