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Undergraduate Aid

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The University of Chicago welcomes the brightest minds and boldest thinkers of tomorrow, regardless of their financial background. We believe that no cost should prevent a student from joining our community. Our Financial Aid counselors are available year-round to work with you and your family in order to create a comprehensive aid award that fits your family's unique circumstances and makes a world-class University of Chicago education affordable. We follow federal, state, and university policies to allow our students to achieve and exceed their educational goals. We encourage you to use this website as a resource for questions about how to apply for aid, how aid can be used to study abroad or move off campus, and how to update your information if your family’s financial situation changes.

UChicago Empower

Beginning with the Class of 2023, the UChicago Empower initiative will increase access to UChicago in a variety of ways. In addition to admissions policy enhancements, UChicago will guarantee free tuition for families with incomes under $125,000* per year (with typical assets). Families earning less than $60,000* per year (with typical assets) will have tuition, fees, and room and board covered by financial aid. 

For more information about the UChicago Empower initiative, click here. 

*These income figures are minimum funding levels for the Empower Initiative. Families with income that does not fall within these ranges may still be eligible for need-based financial aid.

UChicago: No Barriers

The University of Chicago is deeply committed to ensuring that students from every background, regardless of financial need, can find a home here. Our No Barriers policy allows UChicago students to graduate debt-free and prepared for lifelong success—no matter their chosen major or background prior to enrolling in college. We will work with you and your family to create a financial aid package that fits your unique circumstances and ensures that a UChicago education is within your reach. You can view our No Barriers brochure here and the announcement here.


Upcoming Holiday Closures

The Office of Financial Aid will be closed during the following dates in observance of upcoming holidays:

- Closing at noon on Wednesday, November 21st and will remain closed until Monday, November 26th. 

- Closed Monday, December 24th and Tuesday, December 25th.

- Closed Monday, December 31st and Tuesday, January 1st.

2019-2020 Prospective Students

If you are a prospective member of the Class of 2023 who is just beginning the admissions process, please follow this link to learn more about the financial aid application process. 

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