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University of Richmond

University of Richmond, VA · Private Nonprofit

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23.3%
Acceptance (Fall 2023)
1470
SAT
$70,290
Sticker Price
$16,063
Net Price*
$69,310
Earnings 10 yrs after enrolling
1.9 yrs
Payback
15,121
Applicants

*Net price for families earning $48k–$75k. See all income brackets →

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Should I apply to University of Richmond?

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What is University of Richmond's acceptance rate?

Down 6.9 percentage points since 2018

With a 23.3% acceptance rate, University of Richmond is considered very selective. The school has become increasingly competitive over the past five years. Applicants should focus on demonstrating strong academics, meaningful extracurriculars, and authentic personal essays to stand out in the applicant pool.

How many students apply to University of Richmond?

University of Richmond received 15,121 applications in 2023, up 27% since 2018. High application volume means admissions officers spend limited time per application—typically 8-15 minutes. Make every word count in your essays and ensure your application materials are error-free.

Applications
Admitted

How many admitted students enroll?

The yield rate of 24% is typical for a school of this caliber. Yield rate measures how many admitted students actually enroll—a key indicator of how desirable students find the school. Demonstrating genuine interest through campus visits, attending info sessions, and writing specific "Why Us" essays can improve your chances.

What are the most popular majors at University of Richmond?

Business Administration, Management and Operations leads as the most popular major at University of Richmond. Your intended major can affect admission chances—some programs are more competitive than others. Research department-specific requirements, faculty research, and career outcomes when choosing your major. Consider how your academic interests align with the school's strengths.

How have majors changed over time?

Degrees awarded by major, 2015–2024

How has tuition changed at University of Richmond?

Tuition has increased by 29% since 2015. Total cost of attendance (including fees and room & board) has grown 30% from $53,970 to $70,290.

Tuition Total Cost

How much do University of Richmond graduates earn by major?

Graduates in Computer and Information Sciences, General earn among the highest salaries, with median earnings of $74,157 within two years of graduation. Earnings vary significantly by major—STEM and business fields typically offer higher starting salaries, while humanities and arts may have different career trajectories. Consider both passion and practical outcomes when choosing your field of study.

Median two years after graduating, for graduates of each program — not the same measure as the headline earnings figure above, which covers everyone who enrolled, ten years after starting. Source: College Scorecard field-of-study file, June 2026.

Computer and Information Scien... $74,157 22 grads · small sample
$10,046 $155,297
Accounting and Related Service... $66,355 43 grads
$10,046 $155,297
Business Administration, Manag... $56,544 178 grads
$10,046 $155,297
Economics $65,821 34 grads
$10,046 $155,297
Human Resources Management and... $38,829 61 grads
$10,046 $155,297
Multi/Interdisciplinary Studie... $44,542 37 grads
$10,046 $155,297
Biology, General $23,351 39 grads
$10,046 $155,297
Political Science and Governme... $41,789 30 grads · small sample
$10,046 $155,297
This school National avg

What do University of Richmond graduates actually earn?

The median tells one story, but outcomes vary widely. Here's the full range of earnings 10 years after enrollment for graduates of University of Richmond.

25th: $44,495 Median: $69,310 75th: $107,269
10th: $21,100 90th: $131,800

Earnings range for graduates 10 years after enrollment. The green bar shows the middle 50% (25th–75th percentile). Source: College Scorecard, June 2026 release.

How do University of Richmond earnings grow over time?

Median earnings from 1 year after completion through 11 years after enrollment. Early-career earnings show what graduates earn soon after graduating, while later years reflect career growth and advancement.

Do University of Richmond earnings vary by family income?

Median earnings of graduates grouped by their family income when they enrolled. Research shows family income can influence post-graduation outcomes through networking, unpaid internship access, and career choice flexibility.

Gender earnings gap at University of Richmond

Median earnings comparison between male and female graduates. The gap reflects differences in major choice, industry, and broader labor market patterns — not necessarily pay discrimination for the same role.

University of Richmond Admissions Statistics (2015–2023)

Each row shows the admissions cycle for that academic year. Applicants is the total number of students who applied for freshman admission. Admitted shows how many received acceptance letters. Rate is the acceptance rate (admitted ÷ applicants) — lower percentages indicate more selective schools. Yield measures the percentage of admitted students who actually enrolled — a high yield (above 50%) suggests the school is a top choice for admitted students, while lower yields indicate students often choose other options. SAT shows the 25th-75th percentile range, meaning the middle 50% of enrolled students scored within this range. Data is sourced from IPEDS, the federal database where all US colleges report annually.

Year Applicants Admitted Rate Yield
2023 15,121 3,525 23.3% 23.6%
2022 14,364 3,501 24.4% 24.3%
2021 13,955 4,015 28.8% 21.8%
2020 12,060 3,727 30.9% 21.8%
2019 12,356 3,500 28.3% 23.8%
2018 11,882 3,585 30.2% 23.2%
2017 10,013 3,301 33.0% 24.3%
2016 10,422 3,385 32.5% 24.1%
2015 9,977 3,104 31.1% 26.0%

Is University of Richmond worth it?

Calculate your personal ROI

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Earnings & ROI Range (10yr)
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Optimistic (75th pct) -- --
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Estimates based on College Scorecard averages. Use official calculator →

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What do University of Richmond graduates earn?

Median Earnings (10 years)
$69,310
Earnings Range (10th - 90th percentile)
$21,100 $69,310 median $131,800

Earnings vary widely: the bottom 10% earn $21,100 while the top 10% earn $131,800. Your outcome depends heavily on major, career path, and individual circumstances.

Median Earnings (6 years)
$61,214
Median Debt
$20,500
6-Year Graduation Rate
88.0%

How much does University of Richmond cost?

The total cost of attendance at University of Richmond is approximately $70,290 per year. Remember: sticker price rarely equals actual cost. Most students receive financial aid, and net price varies significantly by family income. Use the school's Net Price Calculator for a personalized estimate before ruling out any option based on cost alone.

Tuition
$56,860
0
Room & Board
$13,430
0

What You'll Actually Pay

Net price is what aided families paid after grants and scholarships, averaged within each income band. Your own cost depends on income, assets and the school's aid policies, so treat these as a floor rather than a quote. Many selective private schools are more affordable than public universities for middle and lower-income families because of generous institutional aid.

$0-30k income $8,010
$30-48k income $8,606
$48-75k income $16,063
$75-110k income $22,625
$110k+ income $45,094
No aid $70,290

These averages cover only students who received federal financial aid — a Pell Grant, a federal loan or work-study. Families who pay their own way are not included, so the higher brackets understate what a full-paying family is billed. The "no aid" row is the published cost of attendance.

Which majors pay the most?

  • Computer and Information Sciences, General $74,157
  • Accounting and Related Services $66,355
  • Business Administration, Management and Operations $56,544
  • Economics $65,821
  • Human Resources Management and Services $38,829

Who attends University of Richmond?

University of Richmond enrolls 3,776 students, with 10% from outside the United States. Women make up 56% of the student body. Campus diversity enriches the educational experience through varied perspectives and backgrounds. Consider how you'll contribute to and benefit from the campus community when crafting your application.

Total Enrollment 3,776
Retention Rate 93%
International 10%
Women 56%
Race/Ethnicity
White 61%
Hispanic 9%
Black 7%
Asian 6%

How much financial aid is available?

75% of students receive some form of financial aid at University of Richmond. About 18% receive Pell Grants, indicating support for low-income students. Apply for aid regardless of your family's income level—merit scholarships and institutional grants are available to students at various income levels. Never assume you won't qualify.

Receive Grants 75%
Avg: $40,433 free money/year
Pell Grant Recipients 18%
Federal aid for <$60k income families
Have Federal Loans 33%
Avg: $6,140
School's Own Grants 63%
Avg: $40,886 from school funds

How much do professors earn?

Faculty salaries at University of Richmond are above the national average, reflecting the school's investment in attracting and retaining talented professors. Higher faculty compensation often correlates with stronger research programs, better student mentorship, and more resources for academic departments. Look for opportunities to engage with faculty through research, office hours, and smaller seminars.

This school National avg

Page updated 2026. Admissions and cost figures are the latest IPEDS release (2023); earnings are College Scorecard median 10-year post-enrollment, June 2026 release. Sources: IPEDS, College Scorecard.