Hey everyone, I'm planning my college applications and the University of Richmond is certainly on my list. But it's hard for me to get a clear image of the financial picture. Can someone tell me about the total cost per year including tuition, fees, room & board, and other necessary expenses?
For the 2024-2025 academic year, the total estimated cost to attend the University of Richmond, including tuition, fees, room & board, and other necessary expenses is approximately $84,930. Here's a simple breakdown:
- Tuition: $65,230
- Room & Board: $17,140
- Books and Supplies: $1,000
- Personal Expenses: $1,490
Do note that these are estimated costs and actual expenses might vary slightly based on personal lifestyle and choices. For instance, you may spend more or less on books and personal expenses, depending on how you manage your finances.
Remember that the University of Richmond is a generous institution when it comes to financial aid. About 38% of their students receive need-based aid, with the average need-based scholarship or grant award being $47,681. So do not be intimidated by the above figures, as many students do not end up paying the sticker price. Make sure to fill out your FAFSA and CSS Profile to be considered for financial aid. Additionally, the University of Richmond meets 100% demonstrated need for admitted domestic students, which makes it more affordable for students with significant financial need.
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