VCU Campus

International Students & Scholars

Finances and Banking

International students have many different options for banking in the United States.

There are several important things to keep in mind about your finances while at VCU:

  • Your budget should include your tuition and your monthly living expenses, which will likely total a minimum of $50,000.  Even if you are receiving a scholarship or stipend, it is your responsibility to ensure you have sufficient funds to meet your financial obligations.
  • You will need at least $3,000 in cash or traveler’s checks for your immediate expenses upon arriving in Richmond: food, transportation, apartment deposit and rent, and other incidentals. 
  • If you are married or have dependents, please allow for their additional expenses. 
  • Be aware that promised scholarship or stipend funds may not be available to you until several weeks after classes begin.  Additionally, stipends are paid over a period of time, so you will not receive all of these funds in one payment.
  • There are no temporary loan funds available for incoming students.
  • International students are not eligible for financial aid at VCU, and there are very few scholarship opportunities.
  • Upon arrival, you should open an account in a local bank. 
  • The VCU Student Accounting Department is responsible for all university billing and collection of charges.  Questions regarding payments or account balances should be made directly to VCU Student Accounting.
  • Tuition and fees, along with any charges for on-campus housing and dining plans; are due at the start of each semester.  Students are issued an eBill to the students’ VCU email address. 
  • Students can view their invoices and statements online through eServices by selecting the “Student” tab and then the “Student Accounts” menu.
  • Students may make online payments with credit card or web check by visiting eServices and selecting “Make a Payment” under the “Student Accounts” menu.

Tuition and fees information

  • The VCU Student Accounting Department is responsible for all university billing and collection of charges.  Questions regarding payments or account balances should be made directly to VCU Student Accounting.
  • Tuition and fees, along with any charges for on-campus housing and dining plans; are due at the start of each semester.  Students are issued an eBill to the students’ VCU email address. 
  • Students can view their invoices and statements online through eServices by selecting the “Student” tab and then the “Student Accounts” menu.
  • Students may make online payments with credit card or web check by visiting eServices and selecting “Make a Payment” under the “Student Accounts” menu.

Banking options in Richmond

There are many banking options in Richmond.  Some local branches include:

Bank of America
1111 E. Main St.
Richmond, VA 23219
Phone: (804) 788-2121

SunTrust
10th and Main streets
919 East Main Street
Richmond, Virginia 23219
Phone: (804) 782-5689

Wells Fargo
8th and Main streets
801 East Main Street
Richmond, Virginia 23219
Phone: (804) 343-7050

If you need to transfer money, you may find Western Union helpful:

Western Union
2729 West Broad Street, #B
Richmond, Virginia 23220
Phone: (804) 359-8608

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