Illinois students paid $49,610 to attend the four-year private not-for-profit institution this year $3,860 more than the $45,750 charged for 2016-17.
Data shows 85 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 484 students received grants or scholarships totaling $8.08 million and 230 students took out student loans totaling more than $2.21 million.
Including all undergraduates, 2,571 students used grants or scholarships totaling $34.43 million. Another 1,124 took out $9.25 million in federal student loans.
The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
~571
$42,230
$43,960
$45,750
$49,610
17.5%
Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the School of the Art Institute of Chicago in 2015-16.Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
126
22%
$689,127
$5,469
State / local grant or scholarship
36
6%
$164,267
$4,563
Institutional grants or scholarships
483
84%
$7,225,105
$14,959
Grant or scholarship aid total
484
84%
$8,078,499
$16,691
Federal student loans
226
39%
$1,408,828
$6,234
Other student loans
36
6%
$800,886
$22,247
Student loan aid
230
40%
$2,209,714
$9,607
Total student aid
486
85%
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