All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at University of Chicago since 2011.
For that period, the average number of students who received grants aid/scholarships is 3,729, which is 59.82 % of all undergraduate students. 978 students which is 16.55% of undergraduate students received federal student loans and the average loan amount is $5,949.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-123,385 (63%)$29,639888 (16%)$3,9351,737 (32%)$5,857
2012-133,435 (61%)$30,502797 (14%)$4,0341,648 (29%)$5,679
2013-143,619 (63%)$29,503712 (12%)$4,1801,521 (27%)$6,022
2014-153,629 (63%)$31,630639 (11%)$4,2361,459 (25%)$5,907
2015-163,752 (64%)$34,674641 (11%)$4,3511,101 (19%)$6,039
2016-173,790 (63%)$35,417647 (11%)$4,367758 (13%)$6,119
2017-183,836 (61%)$38,615686 (11%)$4,482669 (11%)$6,001
2018-193,790 (57%)$40,615753 (11%)$4,567559 (8%)$5,914
2019-203,746 (54%)$41,552788 (11%)$4,694508 (7%)$5,981
2020-213,832 (54%)$44,556865 (12%)$4,937398 (6%)$6,007
2021-224,208 (55%)$43,934988 (13%)$5,033401 (5%)$5,909
Average3,729 (59.82%)$36,422764 (12.09%)$4,438978 (16.55%)$5,949

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 936 (57.27 % of students) received grants or scholarships and its average amount is $38,990. It can cover 58.25% of tuition & fees ($66,939).
In addition, 219 (14.00 % of students) students get helped from the students loans (average amount : $9,070).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12837 (59%)$28,033393 (28%)$6,116
2012-13965 (63%)$30,490393 (26%)$6,186
2013-14892 (63%)$30,636287 (20%)$6,610
2014-15886 (61%)$34,465318 (22%)$5,903
2015-16980 (64%)$39,032128 (8%)$10,964
2016-17929 (58%)$37,883136 (9%)$10,381
2017-18954 (55%)$42,732182 (10%)$8,140
2018-19921 (51%)$43,836183 (10%)$9,735
2019-20897 (52%)$44,947129 (7%)$9,954
2020-21961 (52%)$48,412127 (7%)$13,636
2021-221,070 (52%)$48,422134 (7%)$12,150
Average936 (57.27%)$38,990219 (14.00%)$9,070
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 12 years, on average, 198 (11.91 % of students) received Pell (federal) grants and its average amount is $4,603.
In addition, 47 students received State/local government grants/scholarships (2.91 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12160 (11%)$4,26391 (6%)$3,00759 (4%)$4,062833 (59%)$26,732
2012-13178 (12%)$4,164100 (7%)$3,00047 (3%)$4,720960 (63%)$29,333
2013-14151 (11%)$4,253105 (7%)$2,93842 (3%)$4,545889 (62%)$29,455
2014-15152 (11%)$4,220125 (9%)$3,79645 (3%)$4,150883 (61%)$33,107
2015-16179 (12%)$4,731119 (8%)$2,97940 (3%)$4,681980 (64%)$37,615
2016-17165 (10%)$4,473136 (9%)$2,97151 (3%)$4,658929 (58%)$36,398
2017-18198 (11%)$4,517158 (9%)$2,98066 (4%)$4,844951 (55%)$41,096
2018-19205 (11%)$4,616164 (9%)$2,97639 (2%)$4,827921 (51%)$42,074
2019-20229 (13%)$4,937180 (10%)$2,95049 (3%)$5,304894 (52%)$42,948
2020-21258 (14%)$5,251532 (29%)$2,41639 (2%)$5,340956 (52%)$45,686
2021-22301 (15%)$5,204696 (34%)$3,27636 (2%)$5,6611,069 (52%)$44,679
Average198 (11.91%)$4,603219 (12.45%)$3,02647 (2.91%)$4,799933 (57.18%)$37,193
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 12 years, on average, 219 (14.00 % of students) get any students loan help and its average loan amount is $219.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12393 (28%)$6,116385 (27%)$4,70828 (2%)$21,113
2012-13393 (26%)$6,186379 (25%)$4,61934 (2%)$20,007
2013-14287 (20%)$6,610282 (20%)$4,75730 (2%)$18,525
2014-15318 (22%)$5,903312 (22%)$4,85921 (1%)$17,184
2015-16128 (8%)$10,964117 (8%)$5,23632 (2%)$24,711
2016-17136 (9%)$10,381122 (8%)$5,33020 (1%)$38,077
2017-18182 (10%)$8,140175 (10%)$5,19025 (1%)$22,929
2018-19183 (10%)$9,735166 (9%)$5,18836 (2%)$25,566
2019-20129 (7%)$9,954111 (6%)$5,13931 (2%)$23,024
2020-21127 (7%)$13,636106 (6%)$5,26531 (2%)$37,860
2021-22134 (7%)$12,150117 (6%)$5,16031 (2%)$33,044
Average219 (14.00%)$9,070207 (13.36%)$5,04129 (1.73%)$25,640
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