Financial Affairs

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  • Fee Schedule

    Tuition, Room and Board

    Fees: 2021-22 Schedule

    Semester

    Year

    General Fee

    9-17 semester hours - (summers excluded)

    $25,250

    $50,500

    Less than 9 hours in a semester, per semester hour

    $2,800

    JD/MBA students in excess of 19 credit hours will be charged at the MBA per credit rate of $1500 per credit. If admitted prior to summer 2021 the rate is of $1,470 per credit. If admitted prior to summer 2020 the rate is of $1,440 per credit. The only exception to this policy is JD/MBA students enrolled in Opening Residency (2 credits) which occurs prior to the start of fall classes but which is included in the fall semester credit total. In that semester only, the overage limit will be 21 credits

    Housing (Spider 40 Meal Plan is required.)

    Housing Single with Hall Bath – Bostwick

    $3,425

    $6,850

    Single private bath Bostwick

    $3,750

    $7,500

    Meal Plans - Please contact One Card Services for details on mealplans and policy

    Spider Plus Unlimited (unlimited meals at HDC with 1,225 dining dollars per semester)

    $4,025

    $8,050

    Spider Unlimited (unlimited meals at HDC with 875 dining dollars per semester)

    $3,700

    $7,400

    Spider 40 (40 block meals with 1,110 dining dollars per semester)

    $1,600

    $3,200

    Removed spider blue?? Only for UU commuter

     

     

    Spider Red (525 dining dollars per semester - Law/SPCS/MBA commuter students only)

    $525

    $1,050

    Other Fees

    Campus vehicle permit for the year

    $150

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

    $75

    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.
    • 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.
    • Please consult Parking Services, Residence Life, and One Card Services for further information regarding their respective charges.
    • Fees and charges will increase for the 2022-23 school year and will be announced as soon as possible.
  • 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 and $500 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.
  • Rooms 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 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 notification is received after July 1, the deposit is forfeited. 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. All rooms are furnished. Each student provides his or her own pillow, bed linens, towels, and blankets. Students living in the law residence halls are required to purchase a Spider Plus Unlimited, Spider Unlimited, or Spider 40 meal plan. Meal plans are available for law students living off-campus. Please contact One Card Services, Heilman Center (located next to University Post Office), for assistance.
  • Invoices

    Inquiries concerning invoices and 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 or mailed to Office of Student Accounts, Box R, 142 UR Drive, Richmond, VA 23173.

    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.

    Students receive a monthly email notification to their University of Richmond email address with the subject line ’University of Richmond Electronic Invoice/Statement’ with a link to QuikPAY, our financial portal. Students access their account in QuikPAY through BannerWeb/Student Services/Pay Tuition & Fees/View & Pay Accounts. The student’s University of Richmond ID number is used for authentication. 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.

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

  • Payments

    Electronic checks (eCheck) is the preferred payment method, is convenient, and generates no additional fee. Checking and savings account information from a bank within the United States is entered through the QuikPAY website, and payments will be transferred electronically to the University of Richmond. The site can retain your bank account information for future convenience, by building a profile, or you may enter it each time you make an eCheck payment.

    Payment by traditional check may be mailed or made in person at the Cashier’s Office in the Queally Center. 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.

    Office of Student Accounts
    Box R
    142 UR Drive
    Richmond, VA 23173

    Cash payments are accepted in the Student Accounts office in Queally Center.

    The University of Richmond also accepts MasterCard, Visa, Discover and American Express via QuikPAY. This service will generate a vendor fee of 2.75% of the amount charged. This will appear as an additional fee on your credit card statement.

    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). By registering for classes you are acknowledging receipt of this information and your acceptance of the associated responsibilities.

    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.

  • Installment Payment Plan

    The University offers 3,4 or 5 month installment plans for fall and spring terms. Tuition installment plans provide students with a low-cost option for budgeting tuition. Installment plans are NOT loan programs. There is no interest or finance charge assessed on the unpaid balance due to the university. There is a $50.00 nonrefundable enrollment fee per semester. Installment plans are not available for courses offered during the summer terms.

    The installment plan is integrated into the University of Richmond payment portal, QuikPAY. Students can access QuikPAY through BannerWeb/Student Services/Pay Tuition & Fees/Payment Plan. For questions about the program, please call QuikPAY at 1 (888) 470-6014 or Student Accounts at (804) 289-8148.

  • 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 the business on the first day of the term will be charged a late payment fee of up to $70.

    A veteran or eligible person who is entitled to use Post 9/11 GI Bill (Chapter 33) or Vocational Rehabilitation and Employment Services (Chapter 31) benefits will not be subject to any penalty, assessment of late fees, denial of access to classes, libraries, or other institutional facilities, nor will they be required to borrow additional funds to satisfy their financial obligations in the event of a delayed payment from the Veteran’s Administration.

  • Refunds

    Inquiries concerning credit balances on student’s accounts should be directed to the Office of Student Accounts, (804) 289-8147 or toll free (866) 241-8893 or bursar@richmond.edu.

    Refunds can be issued by check or direct deposit. With a check refund, it is the student’s responsibility to ensure the address on record is correct. 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 may take up to two business days for a direct deposit to post to your bank account. To participate, log onto BannerWeb and click on Manage/Sign Up for Direct Deposit. When you are finished click submit and your direct deposit form will be sent automatically to Accounts Payable. If you have any questions please call Accounts Payable at (804) 289-8179.

  • Tuition Insurance Plan

    Tuition withdrawal insurance plans are available through GradGuard. Information is available at GradGuard.com/tuition/richmond or by calling 1 (866) 724-4384.

  • Withdrawal Refund Policy

    Inquiries concerning refunds after withdrawal from University of Richmond should be directed to the Office of Student Accounts, (804) 289-8147 or toll free (866) 241-8893.

    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. This schedule is adapted for summer terms. Students who withdraw from the University and receive any financial assistance may be required to return such assistance per Public Law 668.22 and institutional policy. The student would then be responsible for any unpaid balance.

    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 Office of Financial Aid.

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

    General Fee Withdrawal Refund – Fall & Spring Terms

    Refund Rate

    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

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

    General Fee Withdrawal Refund - Summer Terms

    Withdrawal on or before the first day of term

    100%

    Withdrawal during the first week of term

    50%

    Withdrawal during the second week of term

    50%

    Withdrawal during the third week of term

    25%

    Withdrawal during the fourth week of term

    25%

    Withdrawal after the fourth week of term

    None

  • Appeals Process

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

    Appeals must be received within six weeks from the time of withdrawal or leave of absence.

    All appeals must be in writing and directed to:

    Annemarie Weitzel, Bursar
    Box R
    142 UR Drive
    Richmond, Virginia 23173

    bursar@richmond.edu

  • Financial Aid Overview

    The University of Richmond offers law students various forms of financial assistance from federal and institutional sources. To be eligible for aid, students must be enrolled or unconditionally accepted for enrollment on at least a half-time basis in a degree program at the University. Details on specific aid programs are outlined below. For more information, contact the Office of Financial Aid at (804) 289-8438, by email at finaid@richmond.edu, or review our website at https://financialaid.richmond.edu/law/index.html.

  • Need/Merit Scholarships

    The Law School considers all admitted students for merit scholarships. 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 and are meeting Satisfactory Academic Progress (see below). Students who enter Richmond Law without a scholarship award will be re-evaluated at the end of the student’s first year based upon 1L GPA. There are very limited additional internal scholarships after a student’s first year.

  • 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 law students and May 15 for returning law students. The FAFSA is available online at https://studentaid.gov/h/apply-for-aid/fafsa. For more information regarding these programs, visit https://financialaid.richmond.edu/law/index.html or contact the Office of Financial Aid at (804) 289-8438 or at finaid@richmond.edu.

  • Loans

    The Federal Direct Loan program allows law students to borrow federal loans in the form of Federal Direct Unsubsidized Loans and the Federal Grad PLUS Loan to assist with educational expenses. Generally, to be considered, applicants must be U.S. citizens or permanent residents, be enrolled at least half-time in a degree program, and be making satisfactory academic progress. There are also private loans available. Visit https://financialaid.richmond.edu/law/loans/index.html or contact the Office of Financial Aid for more information.

  • Student Employment

    On-campus employment opportunities are available to law students enrolled at least half-time through the Federal Work-Study program (FWS) or the University Work Program (UWP). FWS is a need-based program. Students interested in this program must complete the FAFSA and demonstrate eligibility for need-based aid. The UWP program is available to students who do not apply for or qualify for need-based aid. Earnings will depend on the wage rate and the number of hours worked. Typically, first year law 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 Office of Financial Aid at (804)289-8438 or visit https://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. Once the VA application process is complete with the VA, the following paperwork will need to be submitted to the University of Richmond’s VA Certifying Official via mail, fax, email attachment, or in person:

    • Certificate of Eligibility - After you have applied for and been approved for benefits, you will be issued a Certificate of Eligibility from the VA.
    • Veterans Educational Benefit Agreement Form – Available online or in person at the Registrar’s Office.

    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 https://financialaid.richmond.edu/types-of-aid/other-sources/yellowribbon.html. For further information regarding VA Benefits at the University of Richmond, please visit https://registrar.richmond.edu/registration/programs/veterans/index.html.

    The Virginia State Approving Agency (SAA), is the approving authority of education and training programs for Virginia. The SAA investigates complaints of GI Bill beneficiaries. While most complaints should initially follow the school grievance policy, if the situation cannot be resolved at the school, the beneficiary should contact our office via email saa@dvs.virginia.gov.

  • 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).

    The standards of academic progress outlined here are for the purpose of evaluating eligibility to continue receiving financial aid. They do not replace or modify academic standards required for continued enrollment at the University.

  • Institutional Financial Aid

    Institutional financial aid is available during the fall and spring terms; institutional aid is generally not awarded for summer term.

    Receipt of institutional financial aid requires all of the following:

    • full-time enrollment (9 hours or more)
    • a minimum UR cumulative grade point average (GPA) on hours earned as outlined below:
    Hours Earned UR Grade Point Average
    1 to 55 2.00
    55 to 86 2.10
    87 or more 2.20
    • and meeting the SAP requirements for federal aid (see below).

    Students may be considered for aid through their sixth term of enrollment (prorated for transfer students); summer term is not counted.

    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 appeal 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. 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.

  • 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 for federal financial aid, the University will review all terms of enrollment at UR as well as transfer work accepted toward JD degree requirements at UR, whether or not the student received financial aid during those terms.

    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 255 2.00

    56 to 86 2.10

    87 or more 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 87 hours to complete, the maximum number of hours attempted to complete the program cannot exceed 130.5 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 or P.

    Incomplete coursework, withdrawals, and course repetitions impact SAP in the following ways:

    • Incomplete coursework (grade = Y) is not included in the GPA or in the number of credits earned but is counted as attempted credit. Temporarily incomplete coursework (grade = I) is included in the GPA and both earned and 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. All grades earned in repeated courses will be calculated in the cumulative GPA.

    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. 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. 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 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 withdrawing student 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.

    Students who are receiving financial aid and who are planning to withdraw from the University during a semester or strongly encouraged to meet with a financial aid advisor to review the impact that their withdrawal will have on their institutional charges and on their financial aid for the semester.