#9 Best Public Universities in Virginia

VCU Tuition & Cost

Richmond, Virginia

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How much does it cost to attend?

In State Virginia Resident Sticker Price
In State Costs for Virginia Commonwealth University
Fee Cost
Books and Supplies$1,240
Other Fees$3,225
Room and Board $12,279
Other Expenses Budget$5,270
Out of State Resident Sticker Price
Out of State Costs for Virginia Commonwealth University
Fee Cost
Books and Supplies$1,240
Other Fees$3,225
Room and Board $12,279
Other Expenses Budget$5,270

Residents of Virginia pay an annual total price of $34,108 to attend Virginia Commonwealth University on a full time basis. This fee is comprised of $12,094 for tuition, $12,279 room and board, $1,240 for books and supplies and $3,225 for other fees.

Out of state residents are charged a total cost of $54,756 which is 60.5% higher than Virginia residents. The tuition charge is $32,742 while room and board is $12,279, books and supplies are $1,240 and other fees come in at $3,225.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend Virginia Commonwealth University when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
Net Price by Income Virginia Commonwealth University
Family Income Net Price Paid
$0 to $30,000$14,507
$30,001 to $48,000$15,891
$48,001 to $75,000$18,553
$75,001 to $110,000$23,030

The average reported annual net price for Virginia Commonwealth University for students receiving grants or scholarship aid was $20,566 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Financial Aid

82% of full-time undergrad Virginia Commonwealth University received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $12,811 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 49% of students received Federal Student Loans averaging $5,227 and 10% of undergrads took out private student loans averaging $16,644.

Finanical Aid Virginia Commonwealth University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $12,811 82%
Institutional Grants and Scholarships $6,361 66%
Pell Grants $4,869 31%
Other Federal Grants $1,448 31%
State and Local Grants $7,951 40%
Federal Student Loans $5,227 49%
Other Student Loans $16,644 10%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Virginia Commonwealth University, we've modeled a ten year student loan with an original principal value of $59,408. The loan balance of $59,408 is a four year multiple of the $14,852 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $567 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $59,408
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $566.82
Total Interest Paid $8,610.14
Sum of All Loan Payments $68,018.14

Projected 4 Year Degree Price

4 Year Sticker Price
Year Virginia Residents Non Residents
1 $34,108 $54,756
2 $34,893 $56,016
3 $35,696 $57,305
4 $36,517 $58,624

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Virginia Commonwealth University to be $136,432 - assuming graduation in normal time. The estimation assumes a 2.3% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Virginia Commonwealth University
Price Per Credit 3 Credit Class 4 Credit Class
Virginia Residents $417 $1,251 $1,668
Out of State Residents $1,129 $3,387 $4,516

Estimated cost for a class at Virginia Commonwealth University based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Virginia Commonwealth University versus other colleges.

Tuition Payment Plans Available

Virginia Commonwealth University Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No
Costs for Similar Colleges 

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=234030 IPEDS survey data for Virginia Commonwealth University.