Your college education is an investment.
This website explains 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?
The Virginia Commonwealth University Board of Visitors approved a budget for 2016-17 that includes an increase in tuition and mandatory fees of 2.8 percent and a 1 percent reallocation from department budgets to increase student financial aid.
How does VCU compare with other schools?
VCU is a major research university with several high-cost programs, such as engineering, arts, medicine and biology (the university's largest major); its tuition is now commensurate with that of other Tier III doctoral research institutions.
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.