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Chicago City Wire

Monday, November 4, 2024

Cost of college went up for all students at the SAE Institute of Technology-Chicago

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Tuition and fees rose 6.6 percent for 2018-19 at the SAE Institute of Technology-Chicago, according to recent data from the U.S. Department of Education.

Illinois students paid $34,099 to attend the two-year private for-profit institution this year – $2,099 more than the $32,000 charged for 2017-18.

Data shows 92 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 82 students received grants or scholarships totaling $488,019 and 94 students took out student loans totaling more than $848,694.

Including all undergraduates (359), 241 students used grants or scholarships totaling $2 million, and 276 students took out $3.3 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~291$25,000$25,000$32,000$34,09936.4%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the SAE Institute of Technology-Chicago in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants8257%$456,785$5,571
State / local grant or scholarship00%$0-
Institutional grants or scholarships75%$31,234$4,462
Grant or scholarship aid total8257%$488,019$5,951
Federal student loans9063%$823,908$9,155
Other student loans43%$24,786$6,197
Student loan aid9466%$848,694$9,029
Total student aid13192%--

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