University of Chicago tuition?

Hey there, I've always considered the University of Chicago as my dream school, but I'm worried about the tuition. Can someone give me an idea of how expensive it is and if there's any financial aid available for a middle-class family? Thanks!

The University of Chicago is indeed an excellent school, but tuition and fees can be quite high. For the 2024-2025 academic year, tuition at the University of Chicago is around $67,446, with additional expenses like room and board, books, and personal expenses bringing the total cost of attendance to approximately $93,633 per year.

However, the University of Chicago offers significant financial aid to students based on their family's financial situation. The school operates under a need-based aid policy and is committed to meeting 100% of a student's demonstrated financial need. This means that the financial aid package they put together for you will cover the difference between the total cost of attendance and your expected family contribution (as determined by your family's income, assets, and other factors).

For middle-class families, the University of Chicago has a program called UChicago Promise, which offers enhanced financial aid packages to families earning less than $125,000 per year. Under this program, eligible families can expect to pay a significantly reduced amount, and in some cases, even receive a full-tuition scholarship. Additionally, UChicago does not require students to take out loans as part of their financial aid package.

To get an idea of how much financial aid you might receive from the University of Chicago, you can use their Net Price Calculator on their website. This tool will ask for information about your family's financial situation and provide you with an estimate of your financial aid award.

Keep in mind, as a private institution, the University of Chicago's scholarships and financial aid packages can be quite different from those you would receive as an in-state resident at a public university. However, there's a substantial amount of support available, so don't let the sticker price deter you from applying to your dream school!