Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $41,231 and the average loan amount is $5,954. The average financial aid amount is 65.86% of tuition & fees (tuition & fees: $62,600).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid2,228 70%$91,863,274$41,231
Pell Grants582 18%$2,905,543$4,992
Federal Students Loans1,028 32%$6,120,489$5,954

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 498 students have received one or more types of financial aid at University of Richmond.
The average amount of federal, state, local or institutional grant aid is $46,385 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,250.
The following table shows the financial data by type of aid at University of Richmond.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid52961%--
Grant or scholarship aid498 57%$23,099,597$46,385
Federal Grants354 41%$1,355,927$3,830
Pell Grants145 17%$752,807$5,192
Other Federal Grants354 41%$603,120$1,704
State/Local Grants127 15%$548,018$4,315
Institutional Grants460 53%$21,195,652$46,078
Student Loans275 32%$2,268,734$8,250
Federal Student Loans270 31%$1,336,625$4,950
Other Student Loans38 4%$932,109$24,529