Financial Assistance at the University of Chicago

To make a University of Chicago education available to students from all backgrounds, we are commit-

ted to providing a generous program of financial assistance. During the 2010–11 academic year, UChicago

awarded nearly $82 million in grant and scholarship funds to undergraduates. Approximately 60 percent

of University of Chicago students and families receive financial assistance in the forms of need-based aid

and/or merit scholarships.

Need-Based AidThe University of Chicago provides aid according to need, and we define

need as the difference between your educational costs and the amount you

and your family can afford to pay. Our admissions process is need-blind,

meaning your financial resources have no bearing on whether you will be

admitted to UChicago. Moreover, we promise to meet 100 percent of

your family’s demonstrated need.*

Need-based financial aid awards might include grants, which are funds

awarded by federal and/or state agencies as well as UChicago that don’t

need to be repaid; federal student loans, which must be repaid by the

student; and/or Work-Study, a program in which students work during the

school year to pay a portion of their educational costs.

Odyssey ScholarshipsThanks to an extremely generous gift of $100 million from an anonymous

alumnus, we are now able to offer an extensive increase to our financial aid

program. Therefore, students enrolling in the Class of 2016 whose families

earn less than $90,000 per year will have their federal student loans re-

duced or eliminated.

In the class of 2013, nearly half of the students receiving financial aid

were awarded Odyssey Scholarships. More than 75 percent of these

students had their loans completely replaced by grants. Of the 325

Odyssey Scholars in the Class of 2013, 36 percent are the first in their

families to attend college.

QuestBridgeUChicago partners with QuestBridge, a nationwide program designed to

assist low-income families with students applying to college. The program

features a National College Match, in which students rank and apply for

admission to up to eight QuestBridge partner colleges. Students awarded

the match receive a four-year scholarship that requires no student loan or

parental contribution.

For more information on need-based financial aid, contact:

Office of College Aid

The University of Chicago

1101 East 58th Street

Chicago, IL 60637

Phone: 773.702.8655

Merit ScholarshipsAlthough a majority of our financial assistance is provided in the form

of need-based aid, the University of Chicago also offers merit scholarships

to a select number of admitted students who show outstanding academic

and extracurricular achievement, demonstrated leadership, and commitment

to their communities.

Merit awards are determined by the Office of College Admissions

regardless of financial need and are guaranteed for four years of under-

graduate study. They include the following: n University Scholarship: Partial scholarships ranging from $5,000 to

$15,000, renewable for four years

n Chicago Public Schools Scholarship: A full-tuition scholarship

to selected students who have graduated from a Chicago Public

Schools high school

n Police and Fire Scholarship: A full-tuition scholarship to selected

students who are sons or daughters of active-duty Chicago police

officers or firefighters

n The University also honors National Merit Finalists with a renewable

award of $1,000 to $2,000.

For more information on merit scholarships, contact:

Office of College Admissions

The University of Chicago

1101 East 58th Street

Chicago, IL 60637

Phone: 773.702.8650

Fax: 773.702.4199

* International students should consult the University of Chicago’s policies on the College Admissions website: collegeadmissions.uchicago.edu.

collegeadmissions.uchicago.eduCollegeAdmissions

1101 East 58th StreetChicago, Illinois 60637-5416T 773.702.8650F 773.702.4199

UChicago Financial Aid Expenditures (in millions of dollars)

2003

42.247.4

51.856.9

68.3

75.9

81.5

38.933.8

UChicago’s Commitment

n We will meet your family’s demonstrated financial need.

n We review each family’s situation individually to ensure that we have taken every circumstance into consideration when making your aid decision.

n We do not decrease the amount of aid you will receive after your first year unless your family’s financial situation has changed.

n We do not prohibit students from using financial aid to live off campus or to study abroad.

CollegeAdmissions

1101 East 58th StreetChicago, Illinois 60637-5416T 773.702.8650F 773.702.4199

collegeadmissions.uchicago.edu

Early Action Candidates

Submit by November 1, 2011

The CSS/Financial Aid Profile on the College Board website using school code 1832 (profileonline.collegeboard.com)

The CSS/Noncustodial Profile on the College Board website (if your parents are separated or divorced)

A signed copy of your parents’ 2010 federal income tax return, including all schedules and W-2 forms

Submit by February 1, 2012

The Free Application for Federal Student Aid (FAFSA) using school code 001774 (fafsa.ed.gov)

Submit by April 16, 2012

A signed copy of your parents’ 2011 federal income tax return as soon as it has been completed but no later than April 16. Include all schedules and W-2 forms.

Regular Notification Candidates

Submit by February 1, 2012

The CSS/Financial Aid Profile on the College Board website using school code 1832 (profileonline.collegeboard.com)

The CSS/Noncustodial Profile on the College Board website (if your parents are separated or divorced)

The Free Application for Federal Student Aid (FAFSA) using school code 001774 (fafsa.ed.gov)

A signed copy of your parents’ 2010 federal income tax return, including all schedules and W-2 forms

Submit by April 16, 2012

A signed copy of your parents’ 2011 federal income tax return as soon as it has been completed but no later than April 16. Include all schedules and W-2 forms.

Need-Based Financial Aid Timetable*

* These deadlines apply only to U.S. citizens and permanent residents. For instructions and deadlines relevant to international applicants, please visit collegeadmissions.uchicago.edu.

2004 2005 2006 2007 2008 2009 2010 2011

“Their generosity has really helped me.... Coming here was the changing point in my life, and Odyssey made that possible.”

Jonathan Rodrigues Class of 2012, Odyssey Scholar

“The people who receive the Odyssey Scholarship do not take it for granted. I am extremely appreciative of the opportunity.”

Nausicaa RennerClass of 2012, Odyssey Scholar

“This scholarship allows me a chance to continue my research without worrying about finding another part-time job to pay the bills.”

Dorian Kusyk Class of 2012, Odyssey New Leaders Scholar

“Simply put, without this scholarship, I would not be attending the University of Chicago.”

Youssef KaladClass of 2012, Kouji Yamada Odyssey Scholar

Odyssey Scholarships replace loans for eligible students, many of whom are the first in their families to attend college.

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