University of Richmond is a selective private research university in University of Richmond, Virginia, serving roughly 2,980 students. Admission is selective for first-time degree-seeking undergraduates reporting admissions data to the Education Department. The acceptance rate is about 22.20% in the latest College Scorecard admissions data. Median earnings about ten years after entry reach about $76,178 among students who received federal aid.

Key Facts

  • 2024 Undergraduate Tuition: $65,230
  • 2024 Average Net Price: $31,309 After Financial Aid
  • 2024 Acceptance Rate: 22.20% Selective
  • 2024 Enrolled Students: 2,980 96.9% Full-Time
  • 2024 Graduation Rate: 85.20%
  • Carnegie Classification: Baccalaureate Colleges: Diverse Fields
  • First-Generation Students: 12.3%
  • Tuition trend: In-state tuition increase of 3.8% from 2022 to 2023 (College Scorecard).
  • Net price trend: Average net price increase of 16.6% from 2022 to 2023 (College Scorecard).
  • Full-Time Faculty: 73.6%
  • Average SAT Score: 1497
  • Undergraduate Enrollment: 3,618
  • Applicants (IPEDS): 15,121
  • Room & Board: $17,140 annual estimate

University of Richmond: what the data shows

Common questions about University of Richmond, answered from College Scorecard and IPEDS in this repository.

Where is University of Richmond?

University of Richmond is located in University of Richmond, VA (ZIP 23173).

NCES locale classification: Suburb.

Is University of Richmond public or private?

University of Richmond is a Private Non-profit institution.

How much does University of Richmond cost?

Published tuition: $65,230.

Average net price after aid: $31,309.

Family income bandAvg. net price
Family income $0–$30,000$12,808
$30,001–$48,000$6,507
$48,001–$75,000$15,553
$75,001–$110,000$22,021
$110,001+$49,892

Sticker tuition × four years (estimate, no room/board): $260,920.

How hard is it to get into University of Richmond?

Admission rate: 22.20%.

Among enrollees who submitted scores: average SAT 1497.

Scorecard does not publish admitted-student GPA for most institutions.

How big is University of Richmond?

Total enrollment: 2,980 students.

Undergraduate enrollment: 3,618 students.

Graduate enrollment: 667 students.

About 97% enroll full-time in our extract.

What is the graduation rate at University of Richmond?

150%-time completion rate: 85.20%.

First-year retention: 90.8%.

What do graduates of University of Richmond earn?

Median earnings: $67,927 six years after entry; $76,178 ten years after entry (College Scorecard).

How much debt do students have?

Median federal loan debt among completers: $21,000.

17.16% of students receive Pell grants.

What is University of Richmond known for?

Largest IPEDS program completions at this institution:

See ROI & Programs for more.

Is University of Richmond a good school?

We do not score schools on opinion. Federal data in our extract show admission rate 22.20%; completion rate 85.20%; median earnings $76,178 at 10 years; net price $31,309. Compare these figures to your cost, aid, and career goals.

Tuition & Cost

Tuition Costs

$65,230
2024 Undergraduate Tuition

In 2024, the cost of tuition at University of Richmond was $65,230.

Tuition comparison with similar institutions.

Average Net Price

$31,309
2024 Value

In 2024 University of Richmond had an average net price — the price paid after factoring in grants and loans — of $31,309.

Average net price comparison with similar institutions.

Total Cost of Attendance

$125,236 Estimated 4-Year Total Cost

$31,309 Average Annual Net Price (after aid)

$260,920 4-Year Tuition

$17,140 Room & Board (annual, on-campus estimate)

$1,000 Books & Supplies (annual estimate)

$83,370 Estimated Annual Sticker (tuition + room/board + books)

$333,480 Estimated 4-Year Sticker (before aid)

4-year total cost breakdown for University of Richmond.

Financial Aid by Income Level

17.16% Undergraduates Receiving Financial Aid through Grants

31.66% Undergraduates Receiving Financial Aid through Loans

Financial aid distribution by income level.

Student Loan Default Rate

0.00%
3-year cohort default rate (College Scorecard)

The published 3-year cohort default rate for borrowers at University of Richmond was 0.00%.

Cohort default rates account for borrowers who default in the first three years.

Tuition tracker

Published tuition and average net price by reporting year come from the College Scorecard institution file. Values are not adjusted for inflation; missing cells mean the field was not reported or was suppressed for University of Richmond in that year.

Reporting years in the table below: 20132023 (Scorecard labels refer to the institutional submission cycle).

Year In-state tuition & fees Out-of-state tuition & fees Average net price
2013$45,320$45,320$24,505
2014$46,680$46,680$24,859
2015$48,090$48,090$23,329
2016$49,420$49,420$24,699
2017$50,910$50,910$26,264
2018$52,610$52,610$25,911
2019$54,690$54,690$25,838
2020$56,860$56,860$27,050
2021$58,570$58,570$29,232
2022$60,330$60,330$28,649
2023$62,600$62,600$33,417

Sticker tuition and net price over time

Where the institution reported separate in-state and out-of-state tuition, both appear. Gaps mean the value was not reported for that year.

College Scorecard reporting-year fields (not inflation-adjusted).

Net price by family income

Brackets follow Scorecard definitions for the series shown (public vs private institution).

Latest income-band net prices available in the processed extract.

Acceptance Rate & Admissions

Acceptance Rate

22.20% Acceptance Rate

15,121 Total Applicants

3,525 Students Admitted

833 First-Time Students Enrolled

23.63% Yield (enrolled ÷ admitted)

This institution is highly selective, accepting fewer than 3 in 10 applicants.

Acceptance rate compared to national average.

Test Scores

SAT Average: 1497

Average SAT and ACT scores for admitted students.

Academic Requirements

Estimated GPA Range: 3.7 - 3.9

Estimated Median GPA: 3.85

Note: GPA requirements are estimated based on admission selectivity and test scores. Actual requirements may vary.

Estimated GPA and test score ranges.

Enrollment & Student Demographics

University of Richmond reported total enrollment of about 2,980 students in the latest College Scorecard extract. The student body is about 46% male and 54% female. Enrollment by race and ethnicity includes White (61.9%), Non-Resident Alien (10.7%), and Hispanic or Latino (9.2%). About 17.16% of undergraduates receive Pell Grants. Roughly 12.3% of students are first-generation college students.

Full-Time vs Part-Time Enrollment

96.9% Full-Time Enrollment

The total enrollment at University of Richmond in 2024 is 2,980 students.

Undergraduate enrollment is about 3,618 students. Graduate enrollment is about 667 students.

Full-time vs part-time enrollment comparison.

Retention Rate over Time

90.8%
2024 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall.

Retention rate over time compared to similar institutions.

Enrollment by Race & Ethnicity

The largest enrollment share in our College Scorecard extract is White at 61.9%.

Shares are for total enrollment (undergraduate and graduate combined when reported).

College Scorecard student demographics.

Graduates & Outcomes

Time to Complete

77.86% 100% Completion Time

85.20% 150% Completion Time

In 2024, 77.86% of students graduating from University of Richmond completed their program within 100% "normal time".

Completion rates over time compared to similar institutions.

Completions by Sex (Top Programs)

  • Business Administration and Management, General: 56% male / 44% female
  • Law: 35% male / 65% female
  • Econometrics and Quantitative Economics: 46% male / 54% female

IPEDS completions by sex for the five largest programs (aggregate CIPs excluded).

Completions by Race & Ethnicity

Combined IPEDS award counts across reported programs; largest group: White.

Summed across program completion records in our extract.

ROI & Programs

Financial value and program information for University of Richmond.

Return on Investment

$21,000 Median Student Debt

$76,178 Median Annual Earnings (10 years)

27.57% Debt-to-Earnings Ratio

508.28% Return on Investment

2.8 years Estimated Payback Period

Financial value analysis for University of Richmond.

Top Programs by Completions

10 largest programs by IPEDS completions (of 55 reported codes; aggregate/unknown CIP buckets excluded).

1. Business Administration and Management, General: 278 completions

2. Law: 151 completions

3. Econometrics and Quantitative Economics: 65 completions

4. Organizational Behavior Studies: 61 completions

5. Multi-/Interdisciplinary Studies, Other: 56 completions

6. Biology/Biological Sciences, General: 51 completions

7. Bioethics/Medical Ethics: 50 completions

8. Research and Experimental Psychology, Other: 39 completions

9. Human Resources Management/Personnel Administration, General: 37 completions

Most popular programs at University of Richmond.

Employment Outcomes

Employment outcome data is not available for this institution.

Earnings outcomes for University of Richmond graduates.

Operations

Instructional staffing and expenditure indicators for University of Richmond from College Scorecard (not a full IPEDS finance statement).

Instructional Resources

  • Full-time faculty share: 73.6%
  • Average faculty salary (Scorecard): $14,442
  • Instructional expenditure per FTE: $27,137

Endowment and detailed non-instructional staff counts require IPEDS Finance/HR surveys and are not in this extract.

Scorecard instructional metrics where reported.

About

University of Richmond is a private non-profit institution located in University of Richmond, VA, classified as Baccalaureate Colleges: Diverse Fields. In the latest IPEDS completions in our extract, the largest programs by awards were Business Administration and Management, General, Law, Econometrics and Quantitative Economics. Enrollment is approximately 2,980 students. Student body composition includes White (61.9%), Non-Resident Alien (10.7%), Hispanic or Latino (9.2%). It is selective, with an admission rate of 22.20%. Average SAT scores for admitted students are 1497. The 150%-time completion rate is 85.20%. Approximately 17.16% of students receive Pell Grants. About 12.3% of students are first-generation college students.

Institution Type

Private Non-profit

Carnegie Classification: Baccalaureate Colleges: Diverse Fields

Location

University of Richmond, VA 23173

Region: Southeast

Insights and Analysis

Exceptional Graduation Rate: With a 85.20% graduation rate, University of Richmond demonstrates strong student retention and completion. This rate significantly exceeds the national average, indicating effective academic support and student services.

Diverse Program Offerings: With over 55 distinct degree programs, University of Richmond provides students with a wide range of academic options. This diversity allows students to explore various fields and find programs that align with their interests and career goals.

Frequently Asked Questions

Where is University of Richmond located?

University of Richmond is located in University of Richmond, VA.

What is University of Richmond's acceptance rate?

The acceptance rate at University of Richmond is 22.2% among first-time degree-seeking students reporting admissions data. IPEDS reports 15,121 applicants and 3,525 admits in the latest admissions cycle in our extract.

How much does University of Richmond cost?

Reported tuition is $65,230 and average net price is $31,309 in the latest College Scorecard data. On-campus room and board is estimated at $17,140 annually.

What is the student body demographics at University of Richmond?

University of Richmond reports undergraduate enrollment of about 3,618 students, White (61.9%), Non-Resident Alien (10.7%) in federal College Scorecard data.

How many first-generation students attend University of Richmond?

About 12.3% of students at University of Richmond are first-generation college students.

What test scores do students need for University of Richmond?

Among enrolled students who submitted scores, University of Richmond reports midpoint SAT about 1497.

What do graduates of University of Richmond earn?

Median earnings are $67,927 six years after entry and $76,178 ten years after entry.

What is the graduation rate at University of Richmond?

The 150%-time completion rate is 85.2% for the cohort reported to the College Scorecard.

How much debt do University of Richmond students have?

Median federal loan debt among completers is $21,000.

Is University of Richmond public or private?

University of Richmond is a private nonprofit institution located in University of Richmond, VA.

Is University of Richmond an HBCU?

No. University of Richmond is not flagged as an HBCU in the IPEDS institutional directory.

Is University of Richmond a tribal college?

No. University of Richmond is not flagged as a tribal college in IPEDS.

Data Sources

This page uses data from the following sources:

  • Southeast regional profile
  • All state profiles
  • Regional profiles
  • National benchmarks
  • School directory
  • All schools in Virginia
  • Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.

    Last Updated: Data reflects the most recent available information as of January 2025.

    Methodology

    Data for this profile is sourced from the U.S. Department of Education's College Scorecard dataset, which provides comprehensive information on institutions of higher education in the United States.

    All financial figures are adjusted for inflation and represent the most recent available data. Graduation rates and completion times are calculated according to federal standards.