Financial Aid
Virginia Commonwealth University Merit Scholarships and Financial Aid
Virginia Commonwealth University gave merit aid averaging $5,637 to 930 first-year students who had no financial need, about 64% of the freshmen without need.
Merit aid
Scholarships Virginia Commonwealth University gave to first-year students who had no financial need.
Average merit award
$5,637
Freshmen who got one
930
of 4,560 in the class
Share of those without need
64%
who received merit aid
Need-based aid
For first-year students the college found to have financial need.
Average need-based grant
$17,205
Average percent of need met
28.8%
Freshmen with need
68%
3,098 students
The average total aid package, which can include loans and work-study, was $19,344.
How to read these numbers
- Merit aid is awarded for grades, scores, or talent. Need-based aid is awarded for family finances. A student can receive both.
- The merit figures count only students with no financial need, so they show what a family that will not qualify for need-based aid can expect.
- A grant does not have to be repaid. A package can include loans, which do.
Frequently asked questions
Does Virginia Commonwealth University give merit scholarships?
Virginia Commonwealth University gave merit aid averaging $5,637 to 930 first-year students who had no financial need, about 64% of the freshmen without need.
How much is the average merit scholarship at Virginia Commonwealth University?
$5,637 for first-year students without financial need, according to Virginia Commonwealth University's 2024-25 Common Data Set. That is an average across everyone who got an award, so individual offers run higher and lower.
Does Virginia Commonwealth University meet full financial need?
Virginia Commonwealth University reports meeting 28.8% of need on average for first-year students who were awarded need-based aid. A figure under 100% means the average student was left with a gap to cover.
What share of Virginia Commonwealth University freshmen have financial need?
3,098 of 4,560 first-time, full-time freshmen, or 68%, were found to have financial need.
Source: Virginia Commonwealth University’s own Common Data Set 2024-25, Section H, for first-time, full-time freshmen. Last checked 2026-10-08. These are averages for one entering class, and some colleges report the prior year’s class in this section. Your own offer depends on your family’s finances and your application.