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Scholarships & Aid

When evaluating talented students for admission to Richmond, we consider their academic achievements, their involvement in their community, their creativity, and their drive — but never their financial background. And, once an undergraduate student is admitted, we guarantee to meet 100% of their family’s demonstrated need.

This commitment to being “need blind” in admissions and meeting demonstrated need is a signature promise that sets Richmond apart. As we fulfill that promise, we also recognize that cost is a significant factor when students and their families are choosing their college or university home. We must ensure our Spiders have the peace of mind that they can afford a UR education regardless of their financial standing.

Maintaining our Commitment

100%

need-blind in admissions

100%

of demonstrated need met for every undergraduate

$21M

in donor-funded scholarships awarded annually

You Can Create Opportunity

Philanthropy makes it possible for us to maintain and expand our commitment to a generous scholarship program. Scholarship aid alleviates the financial burden on our students, allowing them the freedom and time to immerse themselves in their studies, engage with the community, and build stronger relationships with their professors and peers. With your partnership, we can ensure that the best and brightest students are able to not only afford attendance at Richmond, but also to reach their full potential during their time here.

What can I fund?	How much do I need to give?	How much will be awarded each year?
Named Endowed Scholarship	$50,000 or more (unrestricted) $100,000 or more (one preference)	Approximately 4.5% of the endowed fund's total value
Named Annual Scholarship	$5,000 or more for 5 consecutive years ($25,000 minimum commitment)	Full amount of annual gift

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