University of Richmond Financial Aid

<p>Michii - Yes. This is how I THINK it works at UR…</p>

<p>Freshman year my daughter received a University Grant that covered EFC calculated need less student and parent plus loans.</p>

<p>Sophomore year she received three scholarships in addition to the University Grant. The grant was reduced from freshman year but scholarships also reduced Parent Plus loans and student loans so sophomore grant + scholarships > freshman grant. </p>

<p>On first semester junior statement grant is less than sophomore year. But again, Junior Grant + Scholarship > Sophomore Grant + Scholarships > Freshman Grant.</p>

<p>There seems to be scholarships that are available to returning students that were not available to new students. Oh, scholarships have been > grants past two years.</p>

<p>I hope this helps. Let me know if you need more info and I will tell you what I can!</p>