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Glossary of terms appearing in scholarship package details
| Annual Cost of Attendance |
|---|
| Total |
$62,425 |
| Tuition |
$43,581 |
| Room & Board |
$13,137 |
| Books & Supplies & Personal |
$3,679 |
| Travel |
varies |
| Required Fees |
$2,028 |
| Health Insurance |
see below |
| How Costs Are Covered (Annually) |
|---|
| Total |
$62,425 |
| Grants |
$58,245 |
| Federal Work-Study |
$2,200 |
| Parental Contribution |
$0 |
| Student Summer Work Contribution |
$1,980 |
| Student Savings/Assets |
varies |
| Student Loan |
$0 |
Policy Regarding Outside Scholarships
Outside scholarships up to $4,180 may be used to reduce a student's summer and term-time employment requirements. Scholarships in excess of $4,180 will be used to reduce the University of Chicago grant.
Policy on Health Insurance
The University of Chicago requires all students to have health insurance, either through their parents or another plan. If the student is not covered by a parental plan, the Chicago grant will be increased to cover the basic student health plan.
Other Details
The cost of travel will vary depending on student location. For students who reside more than 150 miles from Chicago, the Office of College Aid will include a nominal travel allowance in the cost of attendance budget for travel costs.
The student contribution from savings varies depending on the total assets a student has. Typically, a student is expected to contribute one-fourth of the reported assets during each of the four years of undergraduate enrollment. Note that the student asset amount affects the total university grant offered.
Requirements Associated with Maintaining this Award
- Full-time enrollment
- Completion of 70% of courses in which student is enrolled
- Minimum GPA of 1.75 in the first two years, 2.0 thereafter.
