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 Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Grant or Scholarship	15,675	73%	$184,871,605	$11,794
Pell Grants	6,381	30%	$31,080,837	$4,871
Federal Student Loan	9,043	42%	$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 Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Any Financial Aid	3,620	90%	-	-
Grants or Scholarships	3,373	83%	$42,442,459	$12,583
Federal Grants	1,853	46%	$10,411,419	$5,619
Pell Grants	1,311	32%	$6,707,294	$5,116
Other Federal Grants	1,442	36%	$3,704,125	$2,569
State/Local Grants	1,467	36%	$10,877,199	$7,415
Institutional Grants	2,947	73%	$21,153,841	$7,178
Student Loan Aid	1,907	47%	$14,888,809	$7,807
Federal Student Loans	1,821	45%	$9,509,536	$5,222
Other Student Loans	305	8%	$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 Level	Number of Students	Number of Students Awarded	Total Amount Aid Awarded	Average Amount Aid Awarded
All level	2,186	1,989	$28,380,373	$12,983
0-30,000	492	492	$9,446,453	$19,200
30,001-48,000	371	371	$6,660,551	$17,953
48,001-75,000	396	391	$5,826,303	$14,713
75,001-110,000	348	312	$3,464,287	$9,955
110,001 or more	579	423	$2,982,779	$5,152

Financial Aid at VCU

All Undergraduate Financial Aid

Beginning Undergraduate Students (Freshmen) Financial Aid

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

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