[Last update: December 11, 2025]

14,828 students (70% of total 21,205 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Virginia Commonwealth University (VCU). The average amount of the aid awarded is $13,626.

For the first-time, full-time beginning students (freshmen), 92% of total 4,487 enrolled students have received any kind of financial aid and its average amount of aid received is $14,186.

All Undergraduate Financial Aid

At Virginia Commonwealth University, 14,828 undergraduate students (70% of total 21,205 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $13,626.

Financial Aid Statistics (All Undergraduate Students) - VCU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship14,82870% $202,040,672$13,626
Pell Grants6,61431% $37,068,615$5,605
Federal Student Loan8,22439% $53,918,084$6,556

Beginning Undergraduate Students (Freshmen) Financial Aid

4,149 beginning undergraduate students (92% of total 4,487 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 $14,186.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - VCU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid4,14992% --
Grants or Scholarships3,94588%$55,963,166$14,186
Federal Grants1,55935%$9,639,279$6,183
Pell Grants1,55735%$9,211,022$5,916
Other Federal Grants3207%$428,257$1,338
State/Local Grants2,22049%$17,121,340$7,712
Institutional Grants3,63381%$29,202,547$8,038
Student Loan Aid1,96344%$16,665,051$8,490
Federal Student Loans1,83841%$9,734,386$5,296
Other Student Loans3628%$6,930,665$19,145

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

The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2023-2024 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 level2,2862,286$34,048,506$14,894
0-30,000496496$10,671,944$21,516
30,001-48,000351351$7,277,548$20,734
48,001-75,000414414$7,406,739$17,891
75,001-110,000341341$4,676,162$13,713
110,001 or more684684$4,016,113$5,872

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