VIRGINIA COMMONWEALTH UNIVERSITY

Virginia Commonwealth University
Box 842527
Richmond, VA 23284

Official telephone: (804) 828-0100
Toll-free telephone: (800) 841-3638

Website: www.vcu.edu


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Screen last updated on: September 14, 2006

The financial aid information below is valid for the 2006 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Susan Kadir,
Director of Financial Aid
Contacting the office: 804 828-6669
804 828-6187 (fax)
faidmail@vcu.edu
FAFSA number: 003735

EXPENSES
Undergraduate tuition: $3,969; $15,904 out-of-state
Additional required fees: $1,414
Book fees: $980
Miscellaneous expenses: $2,570
Combined room and board expenses: $7,960 - $7,960

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAMarch 1yesN/A

Date award notification begins: April 1
Applied for financial aid:
67% of first-year students
64% of full-time undergraduates
29% of part-time undergraduates
Determined to have financial need:
69% of first-year students
77% of full-time undergraduates
82% of part-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
100% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
77% of first-year students
70% of full-time undergraduates
58% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
89% of first-year students
91% of full-time undergraduates
82% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
14% of first-year students
7% of full-time undergraduates
1% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
22% of first-year students
19% of full-time undergraduates
15% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
69% for first-year students
65% for full-time undergraduates
47% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$8,536 for first-year students
$7,932 for full-time undergraduates
$4,027 for part-time undergraduates
Average need-based gift award:
$4,150 for first-year students
$4,008 for full-time undergraduates
$1,954 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$4,456 for first-year students
$4,782 for full-time undergraduates
$3,188 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,006 for first-year students
$3,780 for full-time undergraduates
$2,925 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
5% of first-year students
4% of full-time undergraduates
0% of part-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$2,720 for first-year students
$4,785 for full-time undergraduates
$0 for part-time undergraduates
Students who received a non-need-based athletic award:
1% of first-year students
1% of full-time undergraduates
0% of part-time undergraduates
Average non-need-based athletic award:
$11,310 for first-year students
$12,232 for full-time undergraduates
$0 for part-time undergraduates
School participates in Federal Work-Study Program: yes

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • Federal Perkins Loans
  • Federal Nursing Loans
  • College/University Loans
Parent loans packaged to meet need: no
First-year loan package range: $2,953 - $3,419
Undergraduate loan package range: $3,764 - $3,967
Percent of undergraduates who have borrowed through all loan programs: 66%
Average student debt upon graduation: $20,069
Types of payment plans:
  • school's own payment plan(s)
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
  • Federal Nursing Scholarships
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • academic merit scholarships/grants
  • creative arts/performance
  • special achievements/activities
  • athletic scholarships
  • ROTC scholarships
First-year scholarship/grant award range: $3,133 - $4,238
Undergraduate scholarship/grant award range: $3,991 - $4,256
Percent of scholarship aid awarded to out-of-state students: 27%



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