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The University of Richmond is a private, non-profit institution that provides the academic and professional foundation for 3,000 undergraduate students and around 700 master's-level scholars. The undergrads have the choice to pursue around 90 various programs in arts and sciences, leadership studies, business, law, and professional and continuing studies. On top of standard classroom education, Richmond students are all eligible to receive a fellowship worth up to $4,000 to fund a summer internship or a research project they co-create with a faculty member.

Overview of University of Richmond

When not engaged in their studies, Richmond students find that the many campus organizations and recreational activities provide ample opportunity to round out the college experience. There are organizations that focus on academic subjects, such as accounting or social groups, as well as a strong Greek system. Other groups focus on cultural issues, games, and sports.

In fact, students can join an intramural team and enjoy friendly competition in sports such as racquetball, dodgeball, team handball, or table tennis, to name a few. For those who want to raise the level of competition a notch, Richmond offers club sports such as tennis, squash, and lacrosse, among many others. Students can also explore their favorite outdoor activity by participating in the Outdoor Adventure and Recreation Program.

General Information

School Type Private not-for-profit
Campus Setting City: Midsize
Campus Housing Yes
Student Faculty Ratio 8:1
Graduation Rate 89%
Year Founded 1830

Student Enrollment

Total Students3,914


Undergraduate Student

Male 1,537
Female 1,665

Graduate Student

Male 342
Female 370

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URichmond Acceptance Rate and Admissions


Male 5,432
Female 6,924


Male 1,575
Female 1,939

Acceptance Rate28%

Male 29%
Female 28%

Enrollment 830

Male 389
Female 441
Application Fee $50
High School GPA Required
High School Rank Recommended
High School Transcripts Required
College Prep Courses Recommended
Recommendations Required
SAT/ACT Required
TOEFL (Test of English as a Foreign Language) Required
Application Deadline January 15
Common Application Accepted Yes

Tuition Cost & Financial Aid

Since the University of Richmond is a private institution, their tuition rates are more than that of Virginia's publicly funded colleges and universities. For their first-rate academics, University of Richmond charges $56,000 for tuition, books, and fees. Since private schools don't alter their fees for out-of-state students, the gross cost is the same for everyone. When students' room and board expenses are tallied, the total gross cost rises closer to $70,000. However, these figures are adjusted downwards once financial aid packages are accounted for.

The average net cost of a year at the University of Richmond is a stunning $25,000. This figure drops precipitously for lower income students and their families, who see a net cost of $9,000, which rivals some of the lowest-cost state-funded institutions. Households in the top income bracket still receive a significant discount, and their net price is $47,000.

Average net price 2018-2019
Net Price $25,282
Average Total Aid $41,609
Students Receiving Financial Aid 64%
Room & Board $12,900

Sticker Price

  • Tuition In-State - $54,690
  • Tuition Out-of-State - $54,690
  • Books and Supplies - $1,100
  • Room & Board - $12,900
  • Other - $1,060


Students at the University of Richmond are lucky to attend such an esteemed institution, with educational statistics that are among the best in higher education. Two of the chief markers of academic excellence are a school's retention and graduation rates. The retention rate indicates how many first-time, full-time students return to campus for a second year. Graduation rates measure how many students graduate within a four-year, six-year, and even eight-year time frame.

The University of Richmond's retention rate rivals the ivy league. Since 94% of its first-year students return to campus for a second year, it's clear that they are satisfied with their classes, campus resources, and the fellowship opportunities. Perhaps the biggest reason behind these strong numbers is Richmond's student-to-faculty ratio, which yields an average class size of a mere eight students. When these factors are tallied, students and their families see that Richmond promises to provide the foundation they need to thrive later in life.

In fact, University of Richmond does indeed keep students engaged. Their overall graduation rate is a whopping 89% with 84% graduating in four years. In fact, 91% of Richmond's female students graduate within a six-year time frame.

Student Population Total

Student Population 3,914

Evening Classes : Yes
Online Learning : Yes

Most Popular Programs & Majors

(# of Diplomas Awarded by Subject)

All Business Majors 340 Total Graduates / 40%
Business Administration and Management, General 222 Graduates
Organizational Behavior Studies 60 Graduates
Accounting 53 Graduates
Human Resources Management/Personnel Administration, General 5 Graduates
All Social Science Majors 124 Total Graduates / 15%
Econometrics and Quantitative Economics 45 Graduates
Political Science and Government, General 34 Graduates
International Relations and Affairs 17 Graduates
Sociology 11 Graduates
All Biological & Biomedical Majors 84 Total Graduates / 10%
Biology/Biological Sciences, General 54 Graduates
Molecular Biochemistry 30 Graduates
Multi/Interdisciplinary Studies 52 Total Graduates / 6%
Multi-/Interdisciplinary Studies, Other 49 Graduates
Cognitive Science 2 Graduates
Ancient Studies/Civilization 1 Graduates
All Psychology Majors 37 Total Graduates / 4%
Psychology, General 37 Graduates
All Other Diplomas NA

Outcome & Salary

After graduation, University of Richmond alumni venture forth to achieve great things. In fact, they enter the working world earning hefty salaries. Of the top-earning majors, Richmond’s computer and information sciences majors lead the pack with median salaries of $74,000. Bringing up the lower end, biology majors begin their careers earning $18,000. In the middle of the pack, majors like business administration and human resources report median starting salaries of $53,000 and $42,000, respectively. Since Richmond graduates have such a strong academic foundation, they are all sure to rise through the ranks of their profession and even enroll in top graduate programs. Indeed, the future is bright for people with diplomas from the University of Richmond.

Graduates Salary
College Grads Early Career Salary $60,700
College Grads Average Salary $69,224
College Grads Mid Career Salary $117,500
Return on Investment (ROI)
10 Year Salary Earnings Potential $692,240
20 Year Salary Earnings Potential $1,867,240
Cost of Education (Net Price) 4 Year $101,128
10 Year Projected ROI $591,112
20 Year Projected ROI $1,766,112
No College Education Salary Comparison
National Average Salary $38,792
10 Year Projected Income $387,920
20 Year Projected Income $775,840

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