<p>Students who were named as finalists for Richmond Scholars were awarded the Presidential Scholarship of $15,000 a year, they are on campus now to interview for the final awards. As for need, ( my oldest S is there now) , Richmond promises to meet 100% of your need, as determined by their cost of attendance minus your EFC. Whatever that number is, it is my experience in the last two years that Richmond will meet that need with a combination of grants and loans.</p>