FourYearCost

University of Chicago

Chicago, ILPrivate nonprofitRank 13 of 1,732Traditional rank 7 of 1,156

Avg freshman grant · 2022-23
$58,877
789 recipients
Avg grant, later years · 2022-23
$46,027
3,034 recipients
The drop
$12,850
21.8% of the freshman average

Freshman grant vs later years

Freshman year$58,877Later years$46,027

Average grant per recipient, IPEDS SFA 2022-23.

Averages across all recipients, not a prediction for one student. Continuing students include transfers and part-time students. Data is about two years old. How this is calculated.

Average net price by family income (2022-23)

Family incomeAvg net price
$0–30k−$1,428
$30–48k−$294
$48–75k$770
$75–110k$12,816
$110k+$54,800

First-time, full-time students receiving Title IV aid. Source: IPEDS SFA 2022-23.

Published cost (IPEDS)

Tuition and fees (in-state), 2022-23$64,260
Tuition and fees (in-state), 2023-24$66,939
Change$2,679 (+4.2%)
On-campus room and board, 2023-24$19,221

Source: IPEDS Institutional Characteristics, academic years 2022-23 and 2023-24.

Tuition and fees trend

$58,2302018-19$60,5522019-20$60,5522020-21$62,2412021-22$64,2602022-23$66,9392023-24

Published tuition and required fees, +15.0% from first to last year shown. Source: IPEDS Institutional Characteristics 2021-22 and 2023-24 files.

Average net price trend

$33,7272020-21$36,9912021-22$27,9792022-23

Average net price for first-time, full-time students receiving grant aid. Source: IPEDS SFA 2022-23.

Outcomes and aid profile

Bachelor's graduation rate within 6 years95%
Full-time freshman retention (return for year 2)99%
Freshmen receiving Pell Grants17%
Freshmen taking federal loans6%
Average federal loan (freshmen who borrow)$5,213
Aid drop one year earlier (2021-22)$6,188

Sources: IPEDS Graduation Rates 2023 (DRVGR), Fall Enrollment 2023 (retention), SFA 2022-23 and 2021-22. "Freshmen" = first-time, full-time undergraduates.

Compare with other colleges Compare with the two most similar

More: all IL colleges · how aid changes after year one · lowest net price for low-income families · 2026-27 state cost reports

Similar colleges

CollegeFreshman grantDrop
Northwestern University$64,463$8,368
Illinois Institute of Technology$43,437$6,871
Knox College$40,548$2,761
Lake Forest College$38,424−$5,543
Illinois Wesleyan University$36,999$967

Same state and control, closest average freshman grant. All colleges in this state.

Get a personal estimate from the college's own net price calculator.

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