Chicago City Wire

Chicago City Wire

Friday, December 13, 2019

Cost of college went up for all students at University of Chicago

Schools

By Local Labs News Service | Jul 21, 2018

Collegeclassroom577

Tuition and fees rose 4.4 percent for 2017-18 at University of Chicago, according to the latest disclosure from the U.S. Department of Education.

Illinois students paid $56,034 to attend the four-year private not-for-profit institution this year $2,385 more than the $53,649 charged for 2016-17.

Data shows 67 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 980 students received grants or scholarships totaling $38.25 million and 128 students took out student loans totaling more than $1.4 million.

Including all undergraduates, 3,752 students used grants or scholarships totaling $130.1 million. Another 1,101 took out $6.65 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
~2,366
$49,380
$51,351
$53,649
$56,034
13.5%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the University 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
179
12%
$1,201,315
$6,711
State / local grant or scholarship
40
3%
$187,227
$4,681
Institutional grants or scholarships
980
64%
$36,863,039
$37,615
Grant or scholarship aid total
980
64%
$38,251,581
$39,032
Federal student loans
117
8%
$612,618
$5,236
Other student loans
32
2%
$790,741
$24,711
Student loan aid
128
8%
$1,403,359
$10,964
Total student aid
1,033
67%

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The University of Chicago

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