UChicago's merit scholarships are among the oldest in the country and are awarded to applicants on the basis of outstanding academic and extracurricular achievement, demonstrated leadership, and community commitment. Exemplary students are selected during the admissions process to receive merit scholarships that are guaranteed for four years of study. Merit awards are determined by a merit scholarship committee without consideration of financial need.
All students, including first-year applicants, are automatically considered for merit scholarships; no additional merit scholarship application is required. Only transfer students are not eligible for merit-based scholarships. Scholarship winners will receive notification of their awards on a rolling basis through the end of April. Please note that only scholarship winners are notified.
If you have further questions concerning merit scholarships, please contact your Regional Admissions Officer.
You are encouraged to apply for scholarships from agencies outside of the University. One popular scholarship search resource is Fastweb. If you receive a scholarship from an outside agency, you must report it to the Office of College Aid as soon as you are notified of the award. These non-University scholarships can help reduce your family’s out of pocket expenses paid to the University.
Many institutions reduce the amount of their institutional financial aid by the full amount of any outside scholarship that is received. At UChicago, students benefit from 50% of their outside scholarship funds, meaning their institutional aid will only be reduced by half of the amount of the outside scholarship. Institutional aid may be reduced further if the sum of all gift aid and outside scholarship funds exceeds the total yearly cost of attendance.
The National Merit Scholarship Corporation provides scholarship awards to academically talented students in order to recognize their exceptional achievements. National Merit Scholarships may be funded by UChicago, the National Merit Scholarship Corporation, or individual corporations. These scholarships will supplement other aid from UChicago.