Affordability & Outcomes
Expanding financial support for College students
Free Tuition
$250,000
Household income with typical assets
Free College
$125,000
Household income with typical assets
Affordability at-a-glance
90%
of students graduating in 2025 left without federal loan debt
+75K
Average financial aid package for College students
90%
of U.S. households would qualify for free tuition
~225M
In undergraduate financial aid each year
The University of Chicago is proud to sponsor a learning environment characterized by intellectual curiosity, ambition, and rigor, to shape the next generation of great thinkers whose ideas will benefit the American people and the broader world. By deepening our commitment to affordability, we are helping to ensure that the brightest minds can join us.
Rural students
We’re committed to reducing the barriers rural students and families face—through admissions programming on-campus and in local communities, and mentoring before and throughout college. Students from 416 rural counties across all 50 states are part of our community; 15% of the Class of 2030 came from rural or small-town high schools, and 740 students have joined our Emerging Rural Leaders program.
First-generation students
UChicago believes a first-generation student's path to—and through—college should be met with the same resources, mentorship, and community as anyone else's. That's why every first-gen student is guaranteed a First Phoenix Scholarship of at least $20,000, a paid internship, and ongoing mentorship and peer networking throughout their academic journey.
Veterans
UChicago is proud to support the men and women who have served our country. Our financial aid officers are dedicated to helping veterans, and their families, navigate every resource and opportunity available to them. The graduating Class of 2026 achieved 100% post-graduation placements in both employment and graduate study.*
The College Class of 2025 outcomes
Employers across industries—from technology and finance to healthcare, research, and public service—seek out UChicago graduates for their analytical rigor, intellectual curiosity, and independence of thought. ‡
98%
Received post-college offers by graduation
99%
Completed paid internships
90%
Law school and medical school acceptance rate
95%
MBA program acceptance rate
Hailey Valaya, AB’26
Emerging Rural Leaders Program
“Campus resources for first-generation, low-income, and rural students were definitely a really big factor in my decision to come here.”
Longyang Li, AB’26
Veteran Scholar
“I would like to thank the generous donors who have supported veteran students. Your commitment makes it possible for veterans to pursue higher education.”
Rubicel Lopez
Rising second-year, Odyssey Scholar
“As an Odyssey and Dean’s Scholar, the University's commitment to removing barriers for students like me made it clear that this was where I could thrive.”
Financial support across UChicago—graduate and professional programs
Master's and Ph.D. outcomes
+87%
Master's student employment or graduate school placement rate at 6 months
+90%
Ph.D. employment rate within 5 years from graduation
Master's Degrees
A master’s degree from the University of Chicago is a lasting investment—advancing your career while building critical skills and connections with world-class peers. Funding varies by program, with many offering merit scholarships (partial to full tuition).
Ph.D. Programs
Doctoral students typically receive full funding packages that cover tuition, health insurance, and an annual stipend of at least $46,350 for living and research expenses for the duration of the program. There are also a range of additional opportunities—from prestigious fellowships to internships and roles on and off campus that help you explore different career paths.
Additional Support in Professional Programs
Harris guarantees at least 60% tuition remission for students with U.S. public service experience, and offers full tuition plus a living stipend to a select cohort of exceptional students through the Dean's Scholarship.
Chicago Booth's Edwardson Civic Scholars Program offers full-tuition scholarships for Evening and Weekend MBA students committed to careers in the public or social sector.
The Law School supports students at every stage through admissions scholarships, summer public interest funding, emergency grants, postgraduate fellowships, and a Loan Repayment Assistance Program for graduates pursuing public-sector careers.
The Crown Family School awards tuition scholarships based on merit and financial request to approximately 95% of our master’s students. Additional merit scholarships are also available to students who have previously served in programs such as the Peace Corps, Teach For America, and AmeriCorps. Students who continue to face a financial gap after their initial award may also request scholarship reconsideration. Most scholarships are renewable for second-year students who remain in good academic standing.
The Pritzker School of Medicine provides generous scholarship support to a majority of students, including full-tuition scholarships for half of each entering medical school class. This support allows Pritzker students to graduate with average debt well below the national average for medical schools.* Pritzker also supports the development of physician-scientists through guaranteed summer research funding and fellowships for MD students to pursue research projects.
*Average Graduate Indebtedness for Pritzker School of Medicine is $125,742 for the graduating class of 2025, compared to National Average—All schools: $223,130, and the National Average—Private Schools: $244,964.
† Data Methodology—this data reflects students’ offer status as of June 2025 and includes undergraduate students who graduated in Autumn Quarter 2024, Winter Quarter 2025, and Spring Quarter 2025. 98% of Class of 2025 students received an offer for employment, graduate school, or other post-college opportunities. Of those students, 71% received employment offers and 29% received graduate school offers. This shows data for Class of 2025 students who received an employment offer and reported an industry. 90% medical school acceptance rate for UChicago students and alumni who applied during the 2025 cycle. 90% law school acceptance rate for UChicago students and alumni who applied in the 2025 cycle.
*Veteran Scholars Class of 2026 Job and Graduate School Offer Data
100% of Class of 2026 Veteran Scholars received an offer for employment, graduate school, or other post-college opportunities.
Data Methodology
This data reflects Veteran Scholars’ offer status as of May 2026 and includes undergraduate students who graduated in Autumn Quarter 2025, Winter Quarter 2026, and Spring Quarter 2026.
††
** METHODOLOGY **
Master’s student 6-month placement:
-
Employment at 6 months determined by responses to UChicago Recent Alumni Survey (survey deployed 6 months after graduation)
-
Current figure derived from students who graduated in June 2021
-
23% response rate (119 responses)
-
Outcomes counted as “employment or graduate school”: Employed (full or part-time); Entrepreneurial or self-employed (full or part-time); Attending graduate or professional school
-
Outcomes counted as “not employed”: Searching for employment; unpaid internship or research position
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Excluded response: Not employed and not searching for employment
††† PhD 5-year placement:
-
Employment at 5 years determined by graduate outcome tracking through public sources, carried out by the Office of Institutional Analysis (original sources: student self-published profiles and web pages)
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Current figure derived from students who graduated in academic years 2017-18, 2018-19, and 2019-20
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90% of all graduates are found and list their current occupation as employed or in further graduate or professional school