Graduate Aid

On July 3, Congress passed the reconciliation bill which contains many changes to federal financial aid programs. The bill eliminated the Federal Grad PLUS loan program in July 2026, instituted new borrowing limits for federal loan programs, and introduced changes to federal loan repayment programs

Based on current information from the U.S. Department of Education, federal loan programs and borrowing rules remain unchanged for the 2025-2026 academic year.

The University Financial Aid Office continues to review the bill’s contents and will provide additional guidance as we learn more from the Department of Education. We are investigating financing options to allow UChicago students to complete their degrees as planned.

Financing your University of Chicago education, complicated as it may seem at first, is a matter of straightforward choices. In Graduate Financial Aid, we focus on counseling graduate students as they navigate these choices in order to best finance their education. We strive to educate both prospective and current graduate students on responsible borrowing and help them make the best decision for their situation given the funds available to them. Our mission is to ensure that UChicago graduate students understand the financial aid process when they are in school and are aware of their responsibilities as loan borrowers when their time at the University has been completed. 

The Graduate Financial Aid Office serves the financial aid needs of the following academic divisions: 

Biological Sciences Division

Crown Family School of Social Work,
Policy and Practice

Divinity School

Graham School of Continuing Liberal and Professional Studies

Harris School of Public Policy

Humanities

Physical Sciences Division

Pritzker School of Molecular Engineering

Social Sciences Division

New Advanced Scholars Program for UChicago College Graduates

Learn about the new UChicago Advanced Scholars (4+1) Program and how you can take your career to the next level by graduating with a bachelor's and master's degree.