Financial Affairs

Tuition, Room and Board

Fee Schedule

Tuition, Room and Board

Fees: 2014-15 Schedule

Semester

   Year

General Fee 

9-19 semester hours inclusive - (summers excluded)

$39,200.00

Housing 

(in law residence hall)

$5,510

Basic cable television provided in all residential housing (including 100mb wired connections for each bed and wireless available throughout campus) along with unlimited use of residential laundry machines.

Meal Plans 

Spider Plus Unlimited (unlimited meal exchanges/wk with 725 dining dollars per semester)

$3,210

$6,420

Spider Unlimited (unlimited meal exchanges with 975 dining dollars per semester)

$2,960

$5,920

Spider 40 (40 block meals with 895 dining dollars per semester)

$1,260

$2,520

Spider Red 420 dining dollars per semester (for Law/MBA and SPCS commuter students only)

$420

$840

All meal plans are based, budgeted, and served within the time frame of the undergraduate calendar schedule. Students in the law residence halls are required to purchase a Spider Unlimited, Spider Plus Unlimited, or Spider 40 meal plan.

Other Fees 

Hours over 19 or less than 9 in a semester, per semester hour

$2,180

Campus vehicle permit for the year

$120

Graduation Fee/Academic Regalia (at time of degree application)

$75

Registration change, per transaction

$10

Late payment fees will be assessed up to:

$70


  • Regardless of the University school in which a course is taken, the student pays the tuition and fees of the school to which he or she has been admitted and which is considered the school of record. Any special fee associated with a particular course, such as a laboratory fee, is charged based on registration in the course.
  • The University reserves the right to increase the fees listed herein and the charges for room and board if conditions should make such changes necessary or advisable. The changes will be announced as far in advance as feasible.
  • The University is not liable for student's personal property. Students or parents should verify that their homeowner's insurance will cover their personal property on campus.
  • Fees and charges will increase for the 2015-16 school year and will be announced as soon as possible.
Payments

Inquiries concerning payments should be directed to the Office of the Bursar, phone (804) 289-8147 or toll-free (866) 241-8893, or email bursar@richmond.edu.

Fees are invoiced electronically and are to be paid in advance by the semester. The fall semester payment is due by the first Monday in August, and the spring semester payment is due by the first Monday in December. To avoid incurring a late-payment fee and delays in housing, registration, and other areas, please pay by due date. Satisfactory financial arrangements for room and board must be made before occupancy.

No credit is given for a term's work nor a degree conferred until all charges have been satisfactorily settled. Failure to make satisfactory financial arrangements can result in delay of graduation, denial of registration privileges, removal from classes, and/or the withholding of transcripts. If the University deems it necessary to engage the services of a collection agency or attorney to collect or to settle any dispute in connection with an unpaid balance on a student account, the student will be responsible for reimbursing the University of Richmond the fees of any collection agency, which may be based on a percentage at a maximum of 33.3% of the debt, and all costs and expenses including reasonable attorney’s fees that are incurred. Accounts referred to a collection agency are reported to a credit bureau(s).

Students receive a monthly email notification to their UR email address with the subject line 'University of Richmond Electronic Invoice/Statement' with a link to QuikPAY. The student's University of Richmond ID number is used for authentication. Students can also access their account through BannerWeb. Upon login, students can view their invoice, set up and store bank account or credit card information, set up authorized payers, pay the invoice electronically, and print paper copies.The student may authorize others to view the invoice as an authorized payer. Each invoice cycle, the student and the authorized payer(s) will receive an email notification that the electronic invoice has been sent with a link to the QuikPAY login page.

e-Check payment is an optional feature. Checking and savings account information from a bank within the United States can be entered at the QuikPAY website and payments will be transferred electronically to the University of Richmond for no fee. You have the option to have the site retain your bank account information or you may enter it each time you make an e-payment.

Authorized payers will only be able to view their own payment and bank information. Each authorized payer is assigned a separate PIN number for added security and privacy.

The University of Richmond accepts MasterCard, VISA, Discover, and American Express via QuikPAY.  A vendor fee of 2.75% (of the amount charged) will be charged to your account for this service. Electronic checks also are accepted at this site.

Electronic payment is the preferred invoice payment method, but is optional. Payment may be mailed or made in person at the Cashier's Office in Sarah Brunet Hall. To mail a check or money order to the University, please print a copy of the PDF invoice, detach the bottom portion of the statement and mail with the payment (payable to the University of Richmond with your UR ID number printed clearly on the check) to the Bursar's Office:

University of Richmond
Box R
University of Richmond, VA 23173

Installment Payments

University of Richmond  law students may set up an installment payment plan through TuitionPay. TuitionPay offers a payment schedule of ten equal payments for the academic year. The first payment is due in June, with the next four payments paying for the fall semester. The remaining five payments pay for the spring semester.

Information is mailed to students in April. For more information, call (877) 279-6092, email info@tuitionpay.com or visit tuitionpaymentplan.com/richmond.

Students are urged to complete whatever arrangements they choose early, so that their accounts with the University may be settled in a timely manner.

Deposits

Upon acceptance for admission to the University of Richmond, and to confirm a student's intention to matriculate, two non- refundable seat deposits of $300.00 each are required on dates specified by the law school. These advance payments will be credited on the first semester account of the student and is not refundable if the student fails to matriculate.

Late Payment Fee

A late payment fee will be assessed on any unpaid balance. Students who fail to make satisfactory arrangements for their semester fees by the close of business on the first day of the term will be charged a late payment fee of up to $70.

Refund Policy

General Fee, Housing and Meal Refund

Students are matriculated by semester. If a student withdraws from classes or is dropped from the University for whatever cause, a refund of fees for a fall or spring semester shall be made in accordance with the University's refund policy, based on the schedule below. Failure to attend class does not constitute a withdrawal.  This schedule is adapted for summer terms.

Law

Any special fee associated with a particular course is non-refundable after the first day of class.


Tuition, fees, and room refund

Withdrawal on or before the first day of term

100% less deposits

Withdrawal during the first week of term

85%

Withdrawal during the second week of term

70%

Withdrawal during the third week of term

50%

Withdrawal during the fourth week of term

25%

Withdrawal during the fifth week of term

25%

Withdrawal during the sixth week of term

25%

Withdrawal after the sixth week of term

None

Board Refund - Prorated on a daily basis through the sixth week of term.

Students who withdraw from the University and who are receiving any financial assistance may be required to return such assistance per Public Law 668.22 and institutional policy. The University of Richmond complies with all federal regulations governing recipients of federal Title IV funds. Information regarding financial aid refund policies is available from the Financial Aid Office.

Meal plan refunds are pro-rated on a daily basis through the sixth week of classes.

Appeals Process

The University of Richmond has an appeal process for students and parents who believe individual circumstances warrant exceptions from published policy.

A student or parent has six weeks from the time of withdrawal or leave of absence to appeal the University's refund policy.

All appeals must be in writing and directed to:

Annemarie Weitzel, Bursar
Box R
University of Richmond, Virginia 23173
bursar@richmond.edu

Please contact Student Accounts if you have any questions.

Tuition Refund Plan

A medical withdrawal insurance plan is available through A.W.G. Dewar Inc., (617) 774-1555, or tuitionrefundplan.com.

Direct Deposit of Refund Checks

With Direct Deposit, your refund will be automatically deposited to the bank account you specify, eliminating trips to the bank and the risk of your check being lost or stolen. It can take up to two business days for a direct deposit to post to your bank account. To participate, return the completed Direct Deposit Authorization form and your voided check to Accounts Payable in Maryland Hall.

Room and Meals

Rooms in the law residence hall are available to single students upon application to the dean of admissions of the law school, accompanied by check payable to University of Richmond in the amount of $250. Returning students must apply for a room on or before the preceding May 1; new students must apply for a room upon acceptance by the school. Preference is given to entering students not from the area.

The deposit will be a credit toward other fees if written notice releasing the room is received by July 1. If a student occupies the room, the $300 room deposit will be credited to his or her account. The rooms are furnished. Each student provides his or her own pillow, bed linens, towels, and blankets. The charge for room covers medical care by the University Student Health Center but does not cover the cost of medicines, expenses at a hospital or the services of any additional physician or nurse. Law students living off-campus are not required to participate in a meal plan. However, if you would like to participate in a meal plan, please contact One Card Services, Room 330 of the Tyler Haynes Commons, for assistance. Students living in the law residence halls are required to purchase a Spider Plus Unlimited, Spider Unlimited, or Spider 40 meal plan.

Meals under all meal plans are served during the days and times stated in the calendar for the undergraduate School of Arts and Sciences, the Jepson School of Leadership Studies, and the undergraduate school of the E. Claiborne Robins School of Business. The ID/meal card is nontransferable. For more information, see dining.richmond.edu.

Financial Aid

Financial Aid Overview

The University of Richmond offers law students various forms of financial assistance from federal and institutional sources. Financial aid recipients must be enrolled or unconditionally accepted for enrollment at Richmond on at least a half-time basis in a degree program at the University. Grants and scholarships may be awarded on the basis of need and/or merit to entering full-time students. Students who receive them for their first year will receive them in subsequent years as well as long as they remain enrolled in good academic standing. It is unlikely that students who do not receive grants or scholarships during their first year will receive them for the second or third year.

Need/Merit Scholarships
Need and merit scholarships are awarded by the law school to students on the basis of character, leadership, scholastic attainment, and capacity for law study. The John Marshall Scholars Program was established in 1998 as a result of a generous bequest by Joseph Dickerson, a member of the Class of 1932. Scholarships of $10,000 each are awarded to a number of incoming students each year. In addition, other significant scholarship aid is awarded to supplement the Marshall Scholarship. The scholarship is renewed automatically each year provided the recipient ranks in the top third of his or her class. John Marshall Scholars are chosen by a blue-ribbon panel of Virginia Supreme Court justices and prominent alumni and are invited to participate in a specially designed seminar during the course of the academic year. Contact the Law School Admissions Office for more information.
FAFSA
Students applying for financial aid in the form of grants, loans, and work-study opportunities, must complete the Free Application for Federal Student Aid (FAFSA). Students must be U.S. citizens or permanent residents, enrolled on at least a half-time basis, and making satisfactory academic progress. Students must be enrolled full-time for grant assistance. The deadline is February 25 for prospective students and May 15 for returning students. The FAFSA is available online at fafsa.gov. For more information regarding these programs, visit financialaid.richmond.edu/law or contact the Financial Aid Office at (804) 289-8438 or at finaid@richmond.edu.
Loans
Loans are available to assist students with meeting their educational expenses. Federal Direct Loans and Direct Grad PLUS Loans are available to students who meet eligibility requirements, and who complete the FAFSA and the appropriate Federal Direct Loan application. There are also private loans available. Visit financialaid.richmond.edu/law/loans.html or contact the Financial Aid Office for more information.
Student Employment
Student employment opportunities are available on campus. Earnings will depend on the wage rate and the number of hours worked. Typically, first year students are discouraged from working. The American Bar Association prohibits law students from working more than 20 hours per week while attending classes. For more information, contact the Financial Aid Office at (804)289-8438 or visit studentjobs.richmond.edu.
Veterans Benefits
Students eligible to receive tuition benefits administered by the U.S. Department of Veterans Affairs (VA) must apply for benefits through the VA. Students should forward Certificates of Eligibility to the Veterans Certifying Official, Registrar's Office, University of Richmond, VA 23173 to have enrollment certified. In addition to the tuition benefits offered under the Post 9/11 GI Bill program, the University participates in the Yellow Ribbon program. For details regarding eligibility for the Yellow Ribbon program at Richmond, go to financialaid.richmond.edu/yellowribbon.html.
Satisfactory Academic Progress
According to federal regulations and University of Richmond (UR) policy, students must maintain Satisfactory Academic Progress (SAP) to receive federal and institutional financial aid. Some private loan programs also require SAP. Evaluation of students' progress for financial aid purposes is made annually at the end of the spring term to determine financial aid eligibility for the following year (summer term, fall term, and spring term).
Institutional Financial Aid
Receipt of institutional financial aid requires full-time enrollment (9 hours or more) during the fall and spring terms and a minimum UR cumulative grade point average (GPA) on attempted hours as outlined below:
Hours Earned UR Grade Point Average
1 to 26 2.00
27 to 54 2.10
55 to 86 2.20

Students must also be meeting the SAP requirements for federal aid (see below). Institutional aid is generally not awarded for summer term. Institutional aid is available to students through their sixth term of enrollment (prorated for transfer students). Some institutional aid programs, such as Marshall Scholarships, have higher academic and/or other requirements which are conveyed to recipients when they are selected for such programs.

Students not meeting the SAP requirements for institutional financial aid at the end of the spring term will not be eligible for any additional institutional financial aid in subsequent terms of enrollment until the standards are met. Denial of aid under this policy may be appealed by the student, in writing, to the Director of Financial Aid within 30 days of notification that the student is no longer eligible for institutional aid. A student's request must include information regarding why the student is not meeting the SAP requirements for institutional aid and what factors have changed that will allow the student's academic progress to improve by the next evaluation.

Federal Financial Aid
The Higher Education Act requires that colleges and universities establish minimum standards of Satisfactory Academic Progress (SAP) for students receiving federal aid. When assessing SAP, the University will review all terms of enrollment at UR as well as transfer work accepted toward UR degree requirements, whether or not the student received financial aid during those terms.
The standards of academic progress outlined here are solely for the purpose of evaluating eligibility to continue receiving federal financial aid. They do not replace or modify academic standards required for continued enrollment at the University of Richmond. The effect of incomplete coursework, withdrawals, and course repetitions impacts SAP in the following ways:
  • Incomplete coursework is not included in the GPA or in the number of credits earned but is counted as attempted credit.
  • Courses from which a student withdraws are not included in the GPA or in the number of credits earned but are counted as attempted credit.
  • Repeated courses are counted only one time as earned credits. However, credits for each course taken, including all repeated courses, are counted as attempted credit. Both grades will be calculated in the cumulative GPA.
SAP is checked annually at the end of the spring term. Students must meet both of the following requirements:
  • Have completed 67% of all attempted coursework, (including transfer work and pass/fail courses) AND
  • Have achieved a cumulative grade point average, depending on the number of units earned, as follows:
Hours Earned UR Grade Point Average
1 to 26 2.00
27 to 54 2.10
55 to 86 2.20

In addition, students must complete the requirements for a law degree within the 150% maximum timeframe allowed. That is, as the law degree program requires 86 hours to complete, the maximum number of hours attempted to complete the program cannot exceed 129 hours, including transfer work and pass/fail courses. Successful completion of a class means receiving one of the following grades for the class: A, B, C, D.

Students not meeting the SAP requirements for federal financial aid at the end of the spring term will not be eligible for any additional federal financial aid until the standards are met. Denial of aid under this policy may be appealed by the student, in writing, to the Director of Financial Aid within 30 days of notification that the student is no longer eligible for aid. Appeals will be considered for the following circumstances: the death of a relative of the student; an injury or illness to the student; or other special circumstances. A student's request must include information regarding why the student is not meeting the SAP standards and what factors have changed that will allow the student's academic progress to improve by the next evaluation.

Successful appeals will lead to one of two SAP statuses: Financial Probation or Eligible for Financial Aid. A student may be placed on 'Financial Probation' for the subsequent term if it is determined that he/she can regain eligibility after one term. A student may be found 'Eligible for Financial Aid' based on an academic plan that outlines future academic progress for the student as established by the Director of Financial Aid. The student will be notified of their SAP status based on the merits of the appeal. If the appeal is not granted, the student will be notified of the decision and will be financially responsible for their educational expenses.

Return of Financial Aid when a Student Withdraws
A student who withdraws during a semester may be entitled to a refund of certain charges as outlined in the refund policy (see Financial Affairs section of this catalog). Withdrawal may also affect a student's financial aid eligibility for the semester as outlined in the federal Return of Title IV Program Funds Policy and the Return of Non-Title IV Program Funds Policy.
Return of Title IV Program Funds Policy

The 1998 amendments to the Higher Education Act (HEA) of 1965 and subsequent regulations issued by the Department of Education (43 CFR 668.22) establish a policy for the return of Title IV grant and loan funds for a student who withdraws or takes a leave of absence. Title IV grant and loan funds include the following programs: Federal Direct Loans, Federal Pell Grant, Federal Supplemental Educational Opportunity Grant, Federal Perkins Loan, Federal Work-Study, Federal TEACH Grant, and the Iraq and Afghanistan Service Grant

The amount of Title IV funds the student earns, up to the withdrawal or leave of absence date, is based on a daily proration determined by dividing the total number of calendar days completed by the total number of calendar days in the semester (excluding breaks of five or more consecutive days). This calculation must only be done up to the 60% point in time for the semester. After the 60% point in time, the student is considered to have earned all of the Title IV funds awarded for that semester.

Unearned Title IV funds must be returned to the Title IV programs. If the amount earned is greater than the amount that has been disbursed, the difference is treated as a late disbursement to the student. Unearned funds, up to the amount of total institutional charges (tuition, room, and board) multiplied by the unearned percentage of funds, are returned to the Title IV programs by the University of Richmond. The student must return any portion of unearned funds not returned by the school. Only 50% of unearned grants funds must be returned. Title IV loan funds that must be returned by the student are repaid per the loan terms.

Unearned Title IV funds are returned to the Title IV programs in the following order:, Unsubsidized Direct Stafford Loans, Subsidized Direct Stafford Loans, Perkins Loans, Direct PLUS Loans, Federal Pell Grants for which a return of funds is required, Federal Supplemental Educational Opportunity Grants for which a return of funds is required, TEACH Grant for which a return of funds is required, and Iraq and Afghanistan Service Grant for which a return of funds is required.

Return of Non-Title IV Program Funds Policy

Non-Title IV financial aid will be adjusted for a   law student who is withdrawing or taking a leave of absence based upon the University's Refund Policy. Adjustments will be made through the sixth week of classes. The amount to be returned to the Non-Title IV financial aid program is the same percentage that will be refunded to the student for tuition and room charges. After the sixth week the student is considered to have earned all of the Non-Title IV aid.

Non-Title IV financial aid funds are returned in the following order: institutional grants/scholarships, non-federal loans, agency scholarships.