Virginia Commonwealth University

07/08/2026 | Press release | Distributed by Public on 07/08/2026 09:54

VCU awarded $2.3 million grant to provide Pell-eligible students with financial aid, career support

By Brian McNeill

The State Council of Higher Education for Virginia has awarded Virginia Commonwealth University a new $2.3 million grant to continue a program that provides Pell Grant-eligible first-year students with financial and career support.

The Career Bridge Program, which launched in 2025, provides students with significant financial resources, academic and career advising, and meaningful work-based learning opportunities - all of which aim to help students graduate on time, with less debt and a clearer path to their career.

In its first year, an initial cohort of 25 students participated in the program, receiving $10,000 to help cover the costs of their education, plus an additional $3,000 for textbooks, supplies, food and other expenses.

Overall, the initial SCHEV grant for 2025 allowed 531 Pell-eligible students to receive a combined total of more than $1 million in direct financial aid during the first year, as well as more than $70,000 in basic needs support. More than one-third of undergraduate students at VCU are eligible for Pell Grants, which are generally available to undergraduate students who display exceptional financial need and have not earned a bachelor's, graduate or professional degree.

VCU anticipates the Career Bridge Program will welcome a new cohort of 25 students this fall, and that additional financial support will be available to similar numbers of Pell-eligible students to help bridge funding gaps.

"We're excited to continue offering students a meaningful and supportive pathway to their futures," said Jonathan Fuller, director, First and Second Year Experiences, part of Academic Affairs in the Office of the Provost.

Last year, the Pell-eligible first-year student population had the lowest rates of accounting holds and the highest retention rates in recent memory - key metrics for the grant's success. "We saw incredible outcomes for both the cohort and the Pell-eligible populations overall," Fuller said.

In this new grant year, the Career Bridge Program will align with other programs at VCU, particularly the Richmond Talent Pathway, which provides wraparound services to students in the five comprehensive high schools in Richmond Public Schools, in addition to providing scholarships and support to participating students who attend VCU.

"We hope to continue alleviating financial burden for their academic progress and help ensure they can access the resources that will support their academic success and post-graduation outcomes," Fuller said.

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Virginia Commonwealth University published this content on July 08, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 08, 2026 at 15:54 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]