University of Richmond co2021 RD

I was accepted! I got a full ride as my parents make less than 60,000. I am very excited and gracious, this is a truly amazing school that cares about students! :slight_smile:

D18 accepted - received envelope in Texas on Monday.

Same, nothing yet - Long Island, NY

The acceptance had a financial aid information in the folder. If you haven’t heard yet it could very well be that they are still putting together your aid package

Congratulations for all who have been accepted. I am just noticing that there are many students who aren’t getting enough merit aid to be able to accept their spot at UR. This seems to me to be a disconnect between what Richmond is thinking people can afford and the reality of what people can actually afford. They seem very generous with those demonstrating financial need, but offering $0 to many who also need some help paying the bill. Are there a lot of middle class students unable to attend UR as a result? My older son is getting generous merit aid from his competitive private school, but my future spider is getting nothing, with better stats on paper. JW.

@barb2021 I would say it is hard for a good amount of middle class and middle-upper class students to attend UR. My father attended UR and while he has a good job and our income bracket is over $200,000, it is still hard to pay over $240,000 for an education. My brother attended and received no merit or FA. If I am accepted I will attend, but will be in the same boat as my brother, no merit or FA. My dad took out loans and will also do the same for me because he believes in his alma matter, but it is tough. My brother got $3000 because of the VA Private Tuition Grant but other than that, nothing. I know a lot of people are in the same boat. Richmond is an expensive school for anyone these days.

Yes, @rvalover7, there aren’t many people who have $240,000 lying around. My son will also attend anyway, but with a lot of sacrifice from the family, like yours. How wonderful that your father values his education there so much that he wants you to have the same experience. I will be pulling for you, best of luck!!

I’m not trying to be a troll or start an unrelated battle on the UR post, but as I’ve been on different groups talking about how in the world we can afford to pay for college, I’ve been surprised at the way people think about wealth. Now, I do understand that it would be a major sacrifice for someone who makes $200k a year to pay over $60k a year per child to send their kids to college. But I do think it is important for that person who makes $200k a year to understand where they fall in the American population. I keep hearing people who make $200-300k saying that they are “upper-middle class.” Well, I suppose you could define things that way, but if you look at household income as defined by the Census Bureau, in 2015 only 6.1% of households made $200k or above. I do understand that as those percentiles decrease the rate of income skyrockets, so that to top 1% are making an astronomical amount of money. But still, if you take something more generic, like the middle 50%, as the definition of middle class you are looking at a household range of something like $28-100k.

@candjsdad I understand that, however, a lot of people forget that a large portion of UR’s student population are students who come from family money, with incomes and inheritances of MILLIONS of dollars.In fact, most people do not know this. A good amount of UR students from the northeast are loaded with money. Not trying to sound ungrateful, but comparing to some families I know at UR we would fall in the upper middle-class end. Not in the whole entire United States, I do understand that. I also have 4 other siblings. I am referring to the students at UR and the area I live in and not all across the country. I live in the area around UR. That said, I am very fortunate my family can provide for me even if its not the ideal situation. Wasn’t trying to offend anyone. You can define my family’s income however you want that’s fine to me. Just saying that even if you’re upper middle class or rich or whatever you want to call it, UR is still a hard school for anyone to afford.

I think it depends on the area in which you live. You would be living very modestly on a $200,000 salary in NY or SF areas.

@rvalover7 I understand, and I wasn’t trying to be harsh either. In fact, in many ways it is probably hardest to afford UR when you fall just to the far side of the financial aid line. But to be fair to UR, I have all along assumed that it would be one of the more affordable spots for my twins. We’ve got about half of your family income with 5 of us in our family, and with the two-in-school discount of twins, UR comes in pretty affordably compared to their other options.

@candjsdad They have great FA and merit scholarships for sure. Another downfall for me is that I’m a transfer applicant. I won’t qualify for any type of merit aid. For freshmen aid they’re great and the Richmond Guarantee is an amazing thing. I’m glad your kids are going to get the aid they need. The truth is we don’t know the specifics about anyone’s income. Like I said above my income bracket and the fact that my Dad would take out loans does help me, but he also pays child support for 4 kids due to the fact that my parents are divorced. Its definitely also hard for people on the financial aid line, like you said. You either fall to the side that gets it or you fall to the side where you don’t get it because you can full pay.

Accepted to Richmond Monday, male from Michigan, paid my deposit at u of m, withdrew my application today, hopefully can help one of waitlists that really love ur, best of luck to all

Income is relative: If you live on LI, NY $200K per year - 3 kids in college…let’s do the math, take home pay $130,000 less mortgage$48,000/year less property taxes $22,000 per year let’s ignore ALL other expenses (food, utilities, insurance etc.) Please explain to us “upper middle class” households how someone with 3 kids in college can afford $180,000 per year??? No FA here!!!

I make less than $35k/yr, I cannot imagine the incomes being mentioned, it’s just a fantasy to me, so yes, everything sure is relative!

I think the point here is that Richmond is a pretty hard school for anyone to finance. I’ve just noticed in past threads people arguing over the fact that their kid didn’t get enough FA and families who didn’t need FA should be grateful. A lot of times people who don’t get FA could still use it. Like @asianginger13 said income is relative. Location where you live, how many kids you have, property taxes, it all adds up. On my UR tour in high school I remember a father asking if they had any tuition-assistance programs for middle class families, since like its been mentioned, there’s a fine line between getting FA and not getting any. That being said, I am extremely happy for anyone who is attending Richmond and has been given FA. Just trying to help people remember its not easy for anyone to swing that kind of money these days, even if your salary “says otherwise”.

My son just received his acceptance to URichmond, 1 week after it was mailed! Congrats to all, probably he will go to Davidson. Great package from them. Good luck

Exactly @rvalover7 and @asianginger13, I think UR is missing out on students from family income of $90,000 to maybe $200,000+ because in reality they can’t afford the tuition, and are getting aid in some form from other schools or are attending a less expensive state school. I think that is a shame, especially because the endowment is so high (currently ranked 19th in the US for endowment per student). I believe they are one of the lowest for offering merit aid.

I got accepted to Richmond and W&M. According to Niche, food and dorm at Richmond are much better than W&M’s. What’s the actual experience? And how is the level of stress or workload at Richmond?

Thanks a lot!

So true. @barb2021