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Metro guide

Richmond scholarships & local foundations

The Richmond metro area covers Henrico County, Chesterfield County and Hanover County in Virginia, with principal cities including Richmond, Glen Allen, Midlothian and Petersburg. We haven’t confirmed a scholarship limited to this metro yet, so this guide leads with local foundations, statewide awards and state aid.

The IRS lists 1 community foundation with at least $1 million in assets based in the area’s principal cities; the largest is The Community Foundation Inc in Richmond ($852 million in assets). Community foundations hold hundreds of small donor-funded scholarships, often limited to graduates of specific high schools or residents of one county, and many use a single shared application each winter.

Statewide, 3 more open awards are limited to Virginia residents, and state aid includes Virginia Guaranteed Assistance Program (VGAP). Federal Pell Grants stack on top for students who file the FAFSA.

Where local money hides: ask your school counselor for the local scholarship bulletin (many high schools keep one), check employer and union awards from your parents’ workplaces, and look at service clubs (Rotary, Kiwanis, Lions) and credit unions near you. These awards rarely appear on national sites, which is why their applicant pools are small.

Scholarships naming the Richmond area (0)

None confirmed right now. See the foundations and statewide awards below.

Community foundations in the Richmond area (1)

The Community Foundation Inc
Richmond, VA · $852 million in assets (IRS)
Website ↗

State aid for Richmond students

Virginia Guaranteed Assistance Program (VGAP)
Virginia · State Council of Higher Education for Virginia (SCHEV)

Varies — neediest students receive at least tuition

Official page ↗

Statewide awards open to Richmond residents (3)

109 days left

Jimmy Rane Foundation Scholarship

$500 to $6,000 per year · Jimmy Rane Foundation · High school senior

High school seniors no older than 20 on Aug 1, 2027, living in AL, AR, DE, FL, GA, IL, IN, IA, KS, KY, LA, MD, MS, MO, NE, NJ, NY, NC, OH, OK, PA, SC, TN, TX, VA, WV or DC; financial need is a major factor.

Application opens Dec 1, 2026; application and materials due Feb 5, 2027 (recommendations by Feb 10). No late applications.
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119 days left

Community Foundation of the Rappahannock River Region Scholarships

Varies by fund (50+ scholarship funds) · The Community Foundation (Fredericksburg, VA) · High school senior

Graduating high school seniors attending school in Stafford, Spotsylvania, King George or Caroline County or the City of Fredericksburg, Virginia, pursuing college or career, trade, technical or certification programs.

Portal opens Dec 1, 2026; deadline Feb 15, 2027 at 11:59 p.m. EST.
VA
133 days left

Akerson Family Foundation Scholarship

Four-year renewable, up to $50,000 · Akerson Family Foundation · High school senior

First-generation, college-bound seniors graduating spring 2027 from Alexandria City, Arlington, Fairfax County, Falls Church City or Prince William County (VA) public schools or DC Public Schools; FAFSA/VASA eligible with an SAI of $30,000 or less; enrolling fall 2027 at a nonprofit four-year college or community college.

Due March 1, 2027, 11:59 p.m. ET.
VADC

Full Virginia guide → · All community foundations

Frequently asked questions

Are there local scholarships in Richmond?

We haven’t confirmed one that’s open right now, but the IRS lists 1 community foundations in the area’s principal cities, and most run local scholarships.

How do community foundation scholarships work?

Donors set up funds with rules such as a specific high school, county, major or need. The foundation advertises them together, usually with one online application each winter or spring, and matches applicants to every fund they qualify for.

What state aid can Richmond students get?

Virginia Guaranteed Assistance Program (VGAP). Most require the FAFSA.