Financial Aid at VCU

Average Amount Received% Received Financial Aid
$11,794 73%
15,675 students (73% of total 21,394 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Virginia Commonwealth University.
The average amount of the aid awarded is $11,794. For the first-time, full-time beginning students (freshmen), 90% of total 4,041 enrolled students have received any kind of financial aid and its average amount of aid received is $12,583.
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All Undergraduate Financial Aid

At Virginia Commonwealth University, 15,675 undergraduate students (73% of total 21,394 students) have received financial aid including grants, scholarships, and/or federal student loans.The average amount of aid received is $11,794.
Financial Aid Statistics (All Undergraduate Students)
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship15,67573% $184,871,605$11,794
Pell Grants6,38130% $31,080,837$4,871
Federal Student Loan9,04342% $58,575,045$6,477

Beginning Undergraduate Students (Freshmen) Financial Aid

3,620 beginning undergraduate students (90% of total 4,041 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Virginia Commonwealth University. The average amount of aid received is $12,583.
Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students)
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid3,62090% --
Grants or Scholarships3,37383%$42,442,459$12,583
Federal Grants1,85346%$10,411,419$5,619
Pell Grants1,31132%$6,707,294$5,116
Other Federal Grants1,44236%$3,704,125$2,569
State/Local Grants1,46736%$10,877,199$7,415
Institutional Grants2,94773%$21,153,841$7,178
Student Loan Aid1,90747%$14,888,809$7,807
Federal Student Loans1,82145%$9,509,536$5,222
Other Student Loans3058%$5,379,273$17,637

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The next table shows the number of students awarded and the average grants/scholarship aid amount by income level for the academic year 2021-2022 at Virginia Commonwealth University.
The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.
Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level2,1861,989$28,380,373$12,983
0-30,000492492$9,446,453$19,200
30,001-48,000371371$6,660,551$17,953
48,001-75,000396391$5,826,303$14,713
75,001-110,000348312$3,464,287$9,955
110,001 or more579423$2,982,779$5,152
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