The University of Chicago is committed to making a world class education affordable for all. We use information you provide on your Free Application for Federal Student Aid (FAFSA), the University of Chicago Financial Aid Worksheet, and your family’s tax returns to determine your eligibility for University funds. In awarding a University Grant, we first determine your parent and student contributions as well as your eligibility for federal and state grants. We then award the University Grant funds based on the remaining costs associated with your enrollment.
All grant eligiblity is re-evaluated each academic year. You must reapply for aid and meet all applicable deadlines for full consideration for all programs.
Federal Pell Grant
Federal Pell Grant eligibility is determined by the U.S. Department of Education when reviewing your financial information on the Free Application for Federal Student Aid (FAFSA). The Pell Grant is available to families who have the greatest financial need based on the information they provided on the FAFSA, and does not have to be repaid. The maximum award for 2017-2018 is $5,920, based on full-time enrollment.
Federal Supplemental Educational Opportunity Grant (SEOG)
The Federal Supplemental Educational Opportunity Grant (FSEOG) is a campus-based federal program. Students who are eligible for a Federal Pell Grant and who demonstrate exceptional financial need are given priority for these limited funds. The award amount will vary.
Illinois MAP Grant
The State of Illinois operates the Monetary Award Program (MAP), awarding need-based grants to students who are residents of the state of Illinois. The Department of Education forwards your FAFSA data on to the Illinois Student Assistance Committee (ISAC), and they determine your eligibility for the MAP Grant. This is based on the financial data provided by the information you supplied on the FAFSA. The maximum MAP Grant for 2017-2018 is $4,968, based on full-time enrollment.
The deadline for submitting your FAFSA to the State of Illinois is usually quite a bit earlier than the Office of College Aid’s annual deadline to reapply for aid. Due to the State’s deadline, we highly recommend that you submit the FAFSA as soon as possible after it becomes available on October 1.