Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $40,433 and the average loan amount is $6,140. The average financial aid amount is 64.59% of tuition & fees (tuition & fees: $62,600).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid2,345 75%$94,815,874$40,433
Pell Grants552 18%$2,843,098$5,151
Federal Students Loans1,049 33%$6,440,430$6,140

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), 547 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 $42,050 and the average amount of student loans awarded to full-time first-time undergraduate students is $9,640.
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 Aid57768%--
Grant or scholarship aid547 64%$23,001,296$42,050
Federal Grants113 13%$738,448$6,535
Pell Grants111 13%$595,680$5,366
Other Federal Grants33 4%$142,768$4,326
State/Local Grants116 14%$511,750$4,412
Institutional Grants532 63%$21,751,098$40,886
Student Loans277 33%$2,670,351$9,640
Federal Student Loans271 32%$1,374,147$5,071
Other Student Loans45 5%$1,296,204$28,805