Quad

Cost & aid

What it costs

In 2023–24, the average first-year paid an estimated $61,083 in total (tuition, housing, food, books and other costs, after grants), $36.8K more than the national median. The 47% who received grants paid $28,060 on average; the other 53% paid the full sticker price of $90,360.

+1% after inflation since 2013–14Over time
Full price
$90,360 a year
tuition, housing, food, books, and other costs
Need-based aid
Published data end at $110K
use the college's net price calculator for higher incomes

Cost by family income

Per year for a typical family of four with one child in college. Up to $110K it is the average price federal aid recipients paid (2023–24).

Hover, tap, or use the arrow keys to read the price at an income.

$0$25K$50K$75K$0$100K$200K$300K$400K+Full price $90KPublished data end at $110KUse the college's calculatorNo tuition under $125KNo family contribution under $125K
  • Published federal figures
  • The college's published promise (2026–27 policy)
View as a table
Price per year by family income
Family incomePrice per year
$0–30K$-1K a year
$30–48K$914 a year
$48–75K$226 a year
$75–110K$13K a year
$150KPublished data end at $110K
$200KPublished data end at $110K
$250KPublished data end at $110K
$300KPublished data end at $110K
$350KPublished data end at $110K
$400K and abovePublished data end at $110K
$150K a year

At $150K: Published data end at $110K

Published data end at $110K; use the college's net price calculator for a number.

Your own number depends on the details below, so use the college's calculator for it.

What can change this

  • Savings and investments above a typical amount raise the price. The curve assumes typical assets.
  • Home equity: some colleges that use the CSS Profile count it. Check this college's own aid page or calculator.
  • Divorced or separated parents: colleges with their own formula usually ask for both parents' finances.
Average total cost per year, all first-years (est.)

$61,083

Tuition, housing, food, books & other expenses, after grants · 2023–24

Full price$90,360
− Grants, averaged over every first-year−$29,277

47% got grants averaging $62,300; 53% got none.

= Average total cost$61,083
Tuition & fees$66.9KRoom & board$19.2KBooks & supplies$1.8KOther expenses$2.4K

Who pays what

Received grants · 47%$28,060 averagenet price after grants
No grants · 53%$90,360full sticker price

Share of first-year students, 2023–24.

Compared to all colleges$61,083
National median: $24,284Above typical

Housing and food use the college's on-campus rates, so the estimate runs high where many students live at home. “Other expenses” is the college's estimate of personal and transportation costs. Loans aren't subtracted because they're repaid.

Next year (2026–27), reported by University of Chicago

$100,089 before aid

Tuition, fees, and on-campus food and housing · up 16% from 2023–24.

Show the full next-year estimate
  • Tuition, fees, food & housing$100,089
  • Books and supplies$1,800
  • Transportation$702
  • Other expenses$1,950
  • Total for a student living on campus$104,541
Median debt at graduation

$15K

≈ $159/month for 10 years

Payback estimate

2.7 yrs

of median salary to cover 4 years of net price

Undergrads with a federal loan5%
National median: 45%Below typical

Very few undergrads borrow federally.

Median federal debt, by background

Everyone who borrowed and left, whether or not they graduated.

Pell Grant recipients$11,000
No Pell Grant$14,751
Family income under $30K$8,250
$30K–$75K$12,000
Over $75K$14,500

Three years into repayment

Where former undergraduates stand on their federal loans.

  • Paid in full35–36%
  • Paying it down31–32%
  • Payments paused22–24%
  • Not paying it down7–8%
  • Behind or in default0–4%
  • Forgiven or discharged0–2%

Some shares are published as a small range to protect privacy.

Who actually gets aid

32%of full price

Aid generosity

Moderate

Grants cover 32% of the $90,360 full price on average across all first-years (moderate), more than at 30% of colleges.

$29,277 in grants per first-year ÷ $90,360 full price.

Compared to every college32%
32%
← Limitedmore generous than 30% of 1,514Very generous →

Who gets grants and scholarships

Full-time first-year students (1,613), 2023–24

Received grants or scholarships, avg $62,300 No grants

About 1 in 2 first-year students got no grant aid and paid the full sticker price of $90,360.

Where the aid comes from

From the college47% · avg $58.9K
Pell Grants16% · avg $6.4K
State or local grants4%
Student loans5% · avg $17.3K

Share of first-year students receiving each; averages are per recipient.

Aid by family income

The whole first-year class (1,613)

  • Federal aid + grants355avg grant $78.3K
  • Grants, no federal aid403avg grant $48.2K
  • No grants855pay full price

Students with grants but no federal aid usually got the college's own need-based aid (without federal loans or Pell) or merit aid.

By family income: only students who received federal aid (368 of 1,613), because income is only reported for them.

IncomeStudentsAvg grant
$0–30K80$91.6K
$30–48K70$89.4K
$48–75K79$90.1K
$75–110K35$77.8K
$110K+104$41.8K

From University of Chicago's Common Data Set

First-years and all full-time undergraduates, 2024–25.

First-yearsAll full-time
Have financial need37%652 students33%2,510 students
Need met, on average100%100%
Need fully met100%100%
Average aid package$84,555$83,276
Average need-based grant$78,651$77,445
Merit aid without need–1%average $16,333

7% of the college's own grant dollars were awarded without regard to need.

Each college decides what a family needs, so “100% of need met” can mean different prices at different colleges. Merit awards that went toward a student's need count as need-based here.

Applying for aid

For fall 2026 entrants.

To apply for aid: the FAFSA and the college's own aid form.

Priority date: February 15 · Aid offers: about March 15 · Reply by: May 1

Dates for fall 2026 entrants; the next cycle's are usually similar.

What the college's own scholarships consider

Academics✓not marked

A blank means the college didn't mark it, not that it never counts.

International students

269 international students received an average of $74,765 from the college in 2024–25.

Need-based and merit aid offered.

International applicants file: International Student's Financial Aid Application International Student's Certification of Finances.

Sources:IPEDS Institutional Characteristics survey, 2023–24;IPEDS Student Financial Aid survey, 2023–24;College Scorecard, 2023–24;College Scorecard, most recent release;University of Chicago Common Data Set 2025–26, 2026–27;University of Chicago Common Data Set 2025–26, 2024–25;University of Chicago Common Data Set 2025–26, Fall 2026 entrants;IPEDS directory (Institutional Characteristics: HD), 2025–26;University of Chicago (2026–27), 2026–27;Common Data Set, most recent releaseAbout the data(retrieved 2026-10-12)