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University of Chicago

Chicago, IL 4 year Private

Average Grant & Scholarships

In 2022, 52 of freshman students at University of Chicago received on average $48,412 in grant and scholarships from the college, the state and/or the federal government. Below is detail stats of the aid provided to full-time, freshman students.

$48,412
Students Receiving Aid Average Amount Total Amount
Pell Grant 258 14% $5,251 $1,354,668
Other Federal Grant 533 29% $4,953 $2,639,827
State Grant/Scholarships 39 2% $5,340 $208,260
Institutional Grant/Scholarships 956 52% $45,686 $43,676,209
Total Grant & Scholarships 961 52% $48,412 $46,524,296

Average Student Loans

In 2022, 6% of freshman students at University of Chicago received $5,265 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.

$5,265
Students Receiving Loan Average Amount Total Amount
Federal Student Loans 106 6% $5,265 $558,047
Private Loans 31 2% $37,860 $1,173,674
Total Loans 127 7% $13,636 $1,731,721

Financial Aid By Income Level

Financial aid breakdown by students family income level. The data is organized by income level group starting from families making below $30k to above $110k.

Yellow Ribbon Program

Yellow Ribbon Program is a voluntary program through which participating public and private institutions can provide veterans and eligible beneficiaries additional institutional aid to cover the costs of tuition and fees at their institutions. The Yellow Ribbon Program is a supplementary program to the Post 9/11 GI Bill coverage of in-state tuition and fees. The Department of Veterans Affairs matches the institutional aid provided beyond the in-state tuition and fees, but to certain limit each year.

$3,710
Average aid amount
2022

Post-9/11 GI Bill

Post 9/11 GI Bill is a federal education benefit program for veterans, who served on active duty after September 10, 2001. This Department of Veteran Affairs benefit provides up to 36 months of education benefits at an approved institution for the following college costs: tuition and fees, books and supplies and housing. The tuition and fees payment, which is the cost for an in-state student attending a public institution, is made directly to the post-secondary institution whereas payments for books and supplies and housing are sent directly to the student.

$34,374
Average aid amount
2022

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