Illinois students paid $49,310 to attend the four-year private not-for-profit institution this year – $300 less than the $49,610 charged for 2017-18.
Data shows 91 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 588 students received grants or scholarships totaling $9.7 million and 292 students took out student loans totaling more than $2.6 million.
Including all undergraduates (3,639), 2,525 students used grants or scholarships totaling $39.3 million, and 1,119 students took out $8.6 million in federal student loans.
The cost of attending
| Enrollment | 2015-16 | 2016-17 | 2017-18 | 2018-19 | Change in tuition and fees 2015-16 to 2018-19 | |
|---|---|---|---|---|---|---|
| In-state | ~400 | $43,960 | $45,750 | $49,610 | $49,310 | 12.2% |
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 | 131 | 20% | $685,253 | $5,231 |
| State / local grant or scholarship | 40 | 6% | $181,638 | $4,541 |
| Institutional grants or scholarships | 588 | 91% | $8,832,423 | $15,021 |
| Grant or scholarship aid total | 588 | 91% | $9,699,314 | $16,495 |
| Federal student loans | 289 | 45% | $1,812,106 | $6,270 |
| Other student loans | 33 | 5% | $769,926 | $23,331 |
| Student loan aid | 292 | 45% | $2,582,032 | $8,843 |
| Total student aid | 591 | 91% | - | - |
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