Applying For Financial Aid
Applying For Financial Aid
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Email
finaid@richmond.edu
Application Process
Application Deadline
January 1
Award Notification
On or about April 1
High School Program
College preparatory program is recommended
Methodology For Awarding Institutional Aid
Institutional Methodology
Forms Required Cost
FAFSA Code is 003744 Free
CSS/Financial Aid Profile $25 for first college, $16 each additional
Noncustodial (Divorced/Separated) Parent's Statement Free
Profile of 2025-26 Financial Aid
Profile of 2025-26 Financial Aid
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Freshman
Financial Aid Applicants
533 (62.2%) of freshmen
Found to Have Financial Need
315 (59.1%) of applicants
Received Financial Aid
315 (100.0%) of applicants with financial need
Need Fully Met
297 (94.3%) of aid recipients
Average Percent of Need Met
100%
Average Award
$66,713
Need-Based Gift
Received by 313 (99.4%) of aid recipients, average amount $56,400
Need-Based Self-Help
Received by 183 (58.1%) of aid recipients, average amount $3,636
Merit-Based Gift
Received by 118 (37.5%) of aid recipients
101 (11.8%) of freshmen had no financial need and received merit aid, average amount $44,777
All Undergraduates
Financial Aid Applicants
1,591 (48.7%) of undergraduates
Found to Have Financial Need
1,132 (71.2%) of applicants
Received Financial Aid
1,132 (100.0%) of applicants with financial need
Need Fully Met
1,049 (92.7%) of aid recipients
Average Percent of Need Met
100%
Average Award
$66,586
Need-Based Gift
Received by 1,126 (99.5%) of aid recipients, average amount $58,477
Need-Based Self-Help
Received by 695 (61.4%) of aid recipients, average amount $4,313
Merit-Based Gift
Received by 390 (34.5%) of aid recipients
789(24.1%)of undergraduates had no financial need and received merit aid,average amount $28,289
All Undergraduates
2024 Graduates Who Took Out Loans
36%
Average Indebtedness of 2024 Graduates
$31,351
Financial Aid Programs
Financial Aid Programs
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Loans
Federal Loans
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct Plus Loans
Scholarships and Grants
Need-Based Available
Federal Pell grants
SEOG
State scholarships
Institutional scholarships
Private scholarships
Non-Need-Based Available
Creative arts/performance scholarships
Special achievements/activities
Non-Need Awards
Academic Interest/Achievement Award Areas
Biological Sciences
Computer Science
Mathematics
Physical Sciences
Social Sciences
Number of Awards
Not reported
Creative Arts/Performance Award Areas
Applied Art and Design
Dance
Music
Performing Arts
Theater/Drama
Number of Awards
8
Special Achievements/Activities Award Areas
Community Service
Number of Awards
89
Special Characteristics Award Areas
Not reported
Number of Awards
Not reported
Employment
Work-Study Programs
Federal work study available
Average Earnings from On-Campus Employment
$2,190
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2024-25 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2026 Peterson's LLC. All rights reserved.