All Undergraduate Financial Aid

At Virginia Commonwealth University, 12,923 undergraduate students (55% of total 23,663 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $9,790.
Financial Aid Statistics (All Undergraduate Students)
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship12,92355% $126,516,073$9,790
Pell Grants6,74028% $30,558,772$4,534
Federal Student Loan11,50349% $78,235,174$6,801

Beginning Undergraduate Students (Freshmen) Financial Aid

3,349 beginning undergraduate students (81% of total 4,117 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 $10,203.
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 Aid3,34981% --
Grants or Scholarships2,95272%$30,120,415$10,203
Federal Grants1,31832%$6,631,486$5,031
Pell Grants1,30332%$6,201,094$4,759
Other Federal Grants2396%$430,392$1,801
State/Local Grants2,05350%$10,542,833$5,135
Institutional Grants2,44959%$12,946,096$5,286
Student Loan Aid2,33457%$18,006,212$7,715
Federal Student Loans2,27555%$12,132,642$5,333
Other Student Loans40410%$5,873,570$14,539

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 2018-2019 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 level2,4282,137$22,190,068$9,139
0-30,000611610$9,891,134$16,188
30,001-48,000364364$4,382,778$12,041
48,001-75,000384376$3,414,985$8,893
75,001-110,000421387$2,464,881$5,855
110,001 or more648400$2,036,290$3,142



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