Student debt: What is VCU doing about student debt?
Providing students with a personalized approach
VCU's Student Financial Management Center is the central hub for financial outreach, literacy and management to VCU students, parents and families. They provide a personalized experience on matters concerning financial wellness, debt management, budgeting and planning for the future. When you connect with the center, you are paired with a financial counselor who becomes part of your VCU network of support. Find your counselor:
Establishing more predictable and lower cost fees
This ongoing university initiative to improve student financial services is so critical to helping students gain access to quality education and succeed in reaching their goals. As a part of these improvements, the Division of Strategic Enrollment Management has developed a new structure for the numerous fees associated with individual undergraduate courses. This new structure will consolidate the highly varied course fees into a single program fee based on undergraduate student major. This new fee structure begins Fall 2020 and is anticipated to provide students and their families with much more predictable and lower cost fees across semesters.
Offering emergency relief funding
The Federal Coronavirus Aid, Relief and Economic Security (CARES) Act has made funding available to colleges and universities to assist eligible students who have been impacted by COVID-19. This funding allows schools to consider students for federal emergency aid grants for expenses related to the disruption of campus operations due to coronavirus (including eligible expenses under a student's cost of attendance, such as food, housing, course materials, technology, health care and child care).
VCU has established a COVID-19 emergency relief funding website, which outlines the qualifications to be considered for federal or institutional relief funds. The value of the grants may vary up to $2,000 based on your unique circumstances. Students who apply for emergency relief funding should expect to hear from the Student Financial Management Center within 10 business days of submitting an application.
Students impacted by COVID-19, but not eligible for federal funds, may be eligible for emergency funding that is being offered through Student Affairs.