UR's tuition & fees has increased from $46,680 (2014) to $62,600 (2024), and the rate of tuition increase is 34.10% over the past 10 years. The graduate school tuition & fees has raised from $22,740 (year 2014) to $27,852 (year 2024).
UR's tuition increase rate is higher than the Virginia's average increase rate of 27.81%. Compare to all colleges in United States, it's increase rate is higher than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 36.37% from 2014 ($59,630).
For the current academic year 2023-2024, UR's COA is $81,320, which is increased by 5.16% from last year.
The following table and chart show changes to UR's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 34.10% for the last 10 years , and the 2024 tuition & fees are $62,600. The following table and chart show the tuition & fees changes at University of Richmond over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,000, and it has decreased -9.09% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,100 | - |
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| 2015-16 | $1,100 | |
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| 2016-17 | $1,100 | |
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| 2017-18 | $1,100 | |
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| 2018-19 | $1,100 | |
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| 2019-20 | $1,100 | |
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| 2020-21 | $1,100 | |
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| 2021-22 | $1,000 | -9.09% |
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| 2022-23 | $1,000 | |
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| 2023-24 | $1,000 | |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 44.07% when a student lives on-campus facilities and 44.07% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at University of Richmond.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $11,850 | $11,850 | - |
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| 2015-16 | $12,180 | $12,180 | 2.78% |
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| 2016-17 | $12,520 | $12,520 | 2.79% |
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| 2017-18 | $12,880 | $12,880 | 2.88% |
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| 2018-19 | $13,310 | $13,310 | 3.34% |
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| 2019-20 | $13,960 | $13,960 | 4.88% |
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| 2020-21 | $14,490 | $14,490 | 3.80% |
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| 2021-22 | $15,020 | $15,020 | 3.66% |
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| 2022-23 | $16,000 | $16,000 | 6.52% |
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| 2023-24 | $17,720 | $17,720 | 10.75% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between University of Richmond and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| University of Richmond | $62,600 | $60,330 | 3.76% |
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| Virginia Commonwealth University | $38,817 | $37,588 | 3.27% |
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|
| George Mason University | $37,979 | $37,566 | 1.10% |
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|
| Saint Louis University | $53,244 | $50,644 | 5.13% |
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| Duquesne University | $47,146 | $45,376 | 3.90% |
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| La Salle University | $35,570 | $33,890 | 4.96% |
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