Cost of college went up for all students at the University of Richmond


Tuition and fees rose 3.3 percent for 2018-19 at the University of Richmond, according to recent data from the U.S. Department of Education.

Virginia students paid $52,610 to attend the four-year private not-for-profit institution this year – $1,700 more than the $50,910 charged for 2017-18.

Data shows 65 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 468 students received grants or scholarships totaling $18.8 million and 279 students took out student loans totaling more than $1.8 million.

Including all undergraduates (4,002), 2,360 students used grants or scholarships totaling $81.8 million, and 1,285 students took out $8.1 million in federal student loans.

The cost of attending
Enrollment
2015-16
2016-17
2017-18
2018-19
Change in tuition and fees 2015-16 to 2018-19
In-state
~640
$48,090
$49,420
$50,910
$52,610
9.4%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the University of Richmond in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
140
18%
$752,376
$5,374
State / local grant or scholarship
126
16%
$418,472
$3,321
Institutional grants or scholarships
425
53%
$17,621,554
$41,462
Grant or scholarship aid total
468
59%
$18,792,402
$40,155
Federal student loans
277
35%
$1,350,072
$4,874
Other student loans
24
3%
$477,990
$19,916
Student loan aid
279
35%
$1,828,062
$6,552
Total student aid
517
65%
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