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.
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.
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.
Open enrollment for the University Student Health Insurance Plan (U-SHIP) is now open. Follow this LINK for more information and to enroll or opt-out. If you are an Odyssey Scholar eligible for assistance and you choose to enroll in U-SHIP, your financial aid award will be updated after your enrollment request has been processed.
If you are a recently admitted student for the class of 2022 and would like more information about applying for financial aid at UChicago, please click here.