University of Richmond

Financial Aid

Overview

Percent of undergraduate students receiving financial aid 70%
Average financial aid award $30,785
University financial aid expenditures for all undergraduates (2009-2010) $59.6 million

Need-Based Aid

Percent of first-year students demonstrating need 53%
Average financial aid package for these students $37,760
Percent of undergraduates demonstrating need 46%
Average financial aid package for these students $36,860

Merit-Based Aid

Number of enrolled students receiving a merit scholarship 1 in 13
Total amount awarded (2009-2010) $7.7 million



By the Numbers

70% of all undergraduates receive financial aid

Average award of $30,785

1 in 13 enrolled students has a merit scholarship

53% of first-year students demonstrate need

Average need-based package of $36,860