Your college education is an investment.
This website answers how Virginia Commonwealth University uses your tuition dollars and fees.
How is my tuition determined?
Tuition and fees are the financial costs that students pay to attend
the university. They help cover the costs of many aspects of life at Virginia Commonwealth University that directly affect students: paying professors, maintaining university grounds and buildings, safety and security, lighting and utilities, and many more. But just because you see it here on campus (i.e., new buildings and campus artwork), it doesn’t mean that the university used your tuition and fees to buy it. We’ve listed several key facts to help you understand how tuition and fees are determined at VCU.
What’s new for me?
Starting in fall 2013, there will be a new tuition strategy in place. While returning students will continue with their current block tuition pricing, incoming freshman and transfer students will move to a per-credit-hour pricing structure, designed to allow students to pay for the level of instruction desired and to help the university to better align revenues with costs.
How does VCU compare with other schools?
Virginia Commonwealth University’s tuition and mandatory fees remain below the average of the state’s 15 four-year public universities and colleges, in spite of VCU’s designation by the Carnegie Foundation as a “Very High Research Activity” and “Community Engaged” institution with the depth and breadth of opportunities provided here.
Where does my money go?
The revenue from your tuition goes toward Virginia Commonwealth University’s instructional programs and related support services. The funds cannot be used for items such as housing, dining, parking, intercollegiate athletics or even campus artwork.
How can I get help?
Students have many opportunities to apply for and receive financial assistance toward tuition and fees. Eligibility varies — but the only way to know if you are eligible is to follow these important steps.