As a high ranked national university, the University of Richmond is a liberal arts school that encourages students to take a broad perspective in any subject rather than being narrow-minded in a single subject. Interestingly, the school mascot of the University of Richmond is a spider because of its unique characteristics.
Having quality education, the University of Richmond only allows professors to teach their students, and the student to faculty ratio is surprisingly small, which allows more interactions with your professor in class.
In addition to quality education, the University of Richmond’s Spiders is ranked among the top intercollegiate teams in the United States, and it also offers generous scholarships to prospective students.
Types of Scholarships Offered at University of Richmond
Before we get into specific details regarding scholarships, the University of Richmond has provided detailed guidelines for the full college-attending cost. Make sure that you have checked the values before looking at the scholarship values of the University of Richmond.
1. Merit-Based Scholarships
A. Richmond Scholars Program
Established to attract prospective students nation-wide, the University of Richmond offers its most prestigious scholarship to incoming freshmen. Since this is a full-ride scholarship, you might think that it should be a competitive one that requires a separate application with many details to fill out.
However, the University of Richmond made its most prestigious scholarship an automatic one, which requires no separate application except your admissions application. The only requirement for this scholarship is that the applicant applies for admissions on time.
The Richmond Scholars receive the following benefits from Richmond University:
- Full Tuition and Room & Board for Four Years
- Priority Course Registration
- Be Taught by Hand-Picked Professors at Richmond University
- Special Tickets into Selected Cultural Events
- Interactions with Fellow Richmond Scholars
- Office of Scholars and Fellowship Staff Dedicated to Helping the Richmond Scholars
- Internship or Study Abroad Stipend
This is a great scholarship that doesn’t require all that much from you; however, it is somewhat a competitive scholarship since the scholarship awards are limited to a certain number. To make it into Richmond Scholar, your admissions application needs to surpass the majority of other applicants to University of Richmond.
Make sure to let your application stand out by doing your best in high school and even in extracurricular activities.
For further information, view Richmond Scholars Program.
To make all things concise, the following scholarships will only list the eligibility requirements and the scholarship values.
B. Presidential Scholarship
Eligibility Requirements:
- Be an Incoming Freshman
- Have Outstanding Academic Achievements
- Have Superior Standardized Testing Scores
Scholarship Value: One-Third of Tuition
For further information, visit Richmond Presidential Scholarships.
C. Oliver Hills Scholars*
Eligibility Requirements:
- Same as Presidential Scholarship
Scholarship Value: One-Half Tuition
*For students who are eligible for both Oliver Hills and Presidential Scholarships, they will receive a combination of both, which amounts to one-half tuition.
For more information, view Oliver Hills Scholars.
D. Davis United World College Scholar
Eligibility Requirements:
- Be a Graduate from One of the United World Colleges (UWC)
- Applied for University of Richmond Admissions
Scholarship Value: Up to $10,000 per year
For more information, visit University of Richmond Davis Scholar.
E. National Merit Scholarship
Eligibility Requirements:
- Be a National Merit Finalists
- Choose the University of Richmond as Their First-Choice Institution
Scholarship Value: $750 ~ $2,000 per year
For further information, view Richmond National Merit Scholarships.
F. National Hispanic Recognition Scholarship
Eligibility Requirements:
- Be a National Hispanic Scholar
- Be Admitted into University of Richmond
Scholarship Value: $750 ~ $2,000 per year
For further information, view National Hispanic Scholarship.
G. Army ROTC Scholarships
Eligibility Requirements:
- Be a Recipient of Army ROTC Scholarship
- Applied for University of Richmond Admissions
Scholarship Value: Full Tuition + Book Stipend
For more information, visit University of Richmond ROTC Scholarships.
H. Music and Theater / Dance Scholarships
2. Need-Based Aids
Available only to US Citizens or Permanent Residents, the Richmond in Reach funds incoming undergraduates who demonstrate financial need. If the student’s need is valid and demonstrated through FAFSA (Free Application for Federal Student Aid), the University of Richmond will meet 100% of the student’s demonstrated need through this program.
In addition to Richmond in Reach, all students regardless of residency can apply for need-based aids by applying for FAFSA. Make sure you apply for it as early as you can since the funding from the federal and state government are limited.
For further information, visit University of Richmond Need-Based Aid.
3. Scholarships for Virginia Residents
As listed in the section’s title, these scholarships are for incoming freshmen who are Virginia Residents.
A. Richmond’s Promise to Virginia
In order to help Virginia Residents to attend the University of Richmond, the UR implemented this promise to take care of the financial burden of undergraduate students. This full-ride scholarship is another prestigious scholarship that allows students to study at no cost!
Eligibility Requirements:
- Be a Virginia Resident
- Be Admitted into University of Richmond
- Be Enrolled as the First-time Student (Working on the First Undergraduate Degree)
- Be a US Citizen or Permanent Resident
- Have a Parent Income of Certain Amount or Less*
- Qualify for Need-Based Financial Aid
Scholarship Value: Full Tuition and Room & Board
*The specifics about the parental income are listed in the link down below.
For further information, view Richmond’s Promise to Virginia.
Virginia Tuition Assistance Grant (VTAG)
Other Sources of Financial Aid
In addition to need-based aids and merit-based scholarships, the University of Richmond provides more options for funding to its incoming students. For example, loans can be used as a resource if you are in need of financial aid, or work-study might be a good idea if you want an additional income to pay off your college tuition.
Whatever option you choose, make sure that you read the guidelines and requirements carefully. To see additional financial aid options, view Richmond’s Other Sources of Aid.
If you have found this guide helpful, please visit Authority Scholarships for more scholarship posts!
