University of Chicago (UChicago) is a highly selective private research university in Chicago, Illinois, serving roughly 7,569 students. Admission is highly selective for first-time degree-seeking undergraduates reporting admissions data to the Education Department. The acceptance rate is about 4.48% in the latest College Scorecard admissions data. Median earnings about ten years after entry reach about $91,885 among students who received federal aid.

Key Facts

  • 2024 Undergraduate Tuition: $70,662
  • 2024 Average Net Price: $14,860 After Financial Aid
  • 2024 Acceptance Rate: 4.48% Highly Selective
  • 2024 Enrolled Students: 7,569 99.9% Full-Time
  • 2024 Graduation Rate: 95.85%
  • Carnegie Classification: Doctoral Universities: Very High Research Activity
  • First-Generation Students: 20.2%
  • Tuition trend: In-state tuition increase of 4.2% from 2022 to 2023 (College Scorecard).
  • Net price trend: Average net price decrease of 7.6% from 2022 to 2023 (College Scorecard).
  • Full-Time Faculty: 84.9%
  • Average SAT Score: 1554
  • Undergraduate Enrollment: 9,275
  • Applicants (IPEDS): 38,631
  • Room & Board: $20,109 annual estimate

University of Chicago: what the data shows

Common questions about University of Chicago, answered from College Scorecard and IPEDS in this repository.

Where is University of Chicago?

University of Chicago is located in Chicago, IL (ZIP 60637).

NCES locale classification: City.

Is University of Chicago public or private?

University of Chicago is a Private Non-profit institution.

How much does University of Chicago cost?

Published tuition: $70,662.

Average net price after aid: $14,860.

Family income bandAvg. net price
Family income $0–$30,000$-1,264
$30,001–$48,000$914
$48,001–$75,000$226
$75,001–$110,000$12,602
$110,001+$48,524

Sticker tuition × four years (estimate, no room/board): $282,648.

How hard is it to get into University of Chicago?

Admission rate: 4.48%.

Among enrollees who submitted scores: average SAT 1554 and midpoint ACT 34.

Scorecard does not publish admitted-student GPA for most institutions.

How big is University of Chicago?

Total enrollment: 7,569 students.

Undergraduate enrollment: 9,275 students.

Graduate enrollment: 10,968 students.

About 100% enroll full-time in our extract.

What is the graduation rate at University of Chicago?

150%-time completion rate: 95.85%.

First-year retention: 99.3%.

What do graduates of University of Chicago earn?

Median earnings: $80,870 six years after entry; $91,885 ten years after entry (College Scorecard).

How much debt do students have?

Median federal loan debt among completers: $15,000.

15.26% of students receive Pell grants.

What is University of Chicago known for?

Largest IPEDS program completions at this institution:

See ROI & Programs for more.

Is University of Chicago a good school?

We do not score schools on opinion. Federal data in our extract show admission rate 4.48%; completion rate 95.85%; median earnings $91,885 at 10 years; net price $14,860. Compare these figures to your cost, aid, and career goals.

Tuition & Cost

Tuition Costs

$70,662
2024 Undergraduate Tuition

In 2024, the cost of tuition at University of Chicago was $70,662.

Tuition comparison with similar institutions.

Average Net Price

$14,860
2024 Value

In 2024 University of Chicago had an average net price — the price paid after factoring in grants and loans — of $14,860.

Average net price comparison with similar institutions.

Total Cost of Attendance

$59,440 Estimated 4-Year Total Cost

$14,860 Average Annual Net Price (after aid)

$282,648 4-Year Tuition

$20,109 Room & Board (annual, on-campus estimate)

$1,800 Books & Supplies (annual estimate)

$92,571 Estimated Annual Sticker (tuition + room/board + books)

$370,284 Estimated 4-Year Sticker (before aid)

4-year total cost breakdown for University of Chicago.

Financial Aid by Income Level

15.26% Undergraduates Receiving Financial Aid through Grants

4.70% Undergraduates Receiving Financial Aid through Loans

Financial aid distribution by income level.

Student Loan Default Rate

0.00%
3-year cohort default rate (College Scorecard)

The published 3-year cohort default rate for borrowers at University of Chicago was 0.00%.

Cohort default rates account for borrowers who default in the first three years.

Tuition tracker

Published tuition and average net price by reporting year come from the College Scorecard institution file. Values are not adjusted for inflation; missing cells mean the field was not reported or was suppressed for University of Chicago in that year.

Reporting years in the table below: 20132023 (Scorecard labels refer to the institutional submission cycle).

Year In-state tuition & fees Out-of-state tuition & fees Average net price
2013$47,514$47,514$25,335
2014$49,380$49,380$26,280
2015$51,351$51,351$25,883
2016$53,649$53,649$19,510
2017$56,034$56,034$25,455
2018$58,230$58,230$26,160
2019$60,552$60,552$27,315
2020$60,552$60,552$28,517
2021$62,241$62,241$22,690
2022$64,260$64,260$20,531
2023$66,939$66,939$18,967

Sticker tuition and net price over time

Where the institution reported separate in-state and out-of-state tuition, both appear. Gaps mean the value was not reported for that year.

College Scorecard reporting-year fields (not inflation-adjusted).

Net price by family income

Brackets follow Scorecard definitions for the series shown (public vs private institution).

Latest income-band net prices available in the processed extract.

Acceptance Rate & Admissions

Acceptance Rate

4.48% Acceptance Rate

38,631 Total Applicants

1,849 Students Admitted

1,626 First-Time Students Enrolled

87.94% Yield (enrolled ÷ admitted)

This institution is extremely selective, accepting fewer than 1 in 10 applicants.

Acceptance rate compared to national average.

Test Scores

SAT Average: 1554

ACT Average: 34

Average SAT and ACT scores for admitted students.

Academic Requirements

Estimated GPA Range: 3.9 - 4.0

Estimated Median GPA: 4.00

Note: GPA requirements are estimated based on admission selectivity and test scores. Actual requirements may vary.

Estimated GPA and test score ranges.

Enrollment & Student Demographics

University of Chicago reported total enrollment of about 7,569 students in the latest College Scorecard extract. The student body is about 54% male and 46% female. Enrollment by race and ethnicity includes White (29.5%), Asian (19.3%), and Non-Resident Alien (17.6%). About 15.26% of undergraduates receive Pell Grants. Roughly 20.2% of students are first-generation college students.

Full-Time vs Part-Time Enrollment

99.9% Full-Time Enrollment

The total enrollment at University of Chicago in 2024 is 7,569 students.

Undergraduate enrollment is about 9,275 students. Graduate enrollment is about 10,968 students.

Full-time vs part-time enrollment comparison.

Retention Rate over Time

99.3%
2024 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall.

Retention rate over time compared to similar institutions.

Enrollment by Race & Ethnicity

The largest enrollment share in our College Scorecard extract is White at 29.5%.

Shares are for total enrollment (undergraduate and graduate combined when reported).

College Scorecard student demographics.

Graduates & Outcomes

Time to Complete

87.22% 100% Completion Time

95.85% 150% Completion Time

In 2024, 87.22% of students graduating from University of Chicago completed their program within 100% "normal time".

Completion rates over time compared to similar institutions.

Completions by Sex (Top Programs)

  • Management Science: 67% male / 33% female
  • Econometrics and Quantitative Economics: 63% male / 37% female
  • Research Methodology and Quantitative Methods: 41% male / 59% female

IPEDS completions by sex for the five largest programs (aggregate CIPs excluded).

Completions by Race & Ethnicity

Combined IPEDS award counts across reported programs; largest group: White.

Summed across program completion records in our extract.

ROI & Programs

Financial value and program information for University of Chicago.

Return on Investment

$15,000 Median Student Debt

$91,885 Median Annual Earnings (10 years)

16.32% Debt-to-Earnings Ratio

1445.84% Return on Investment

1.6 years Estimated Payback Period

Financial value analysis for University of Chicago.

Top Programs by Completions

10 largest programs by IPEDS completions (of 106 reported codes; aggregate/unknown CIP buckets excluded).

1. Management Science: 1,258 completions

2. Econometrics and Quantitative Economics: 793 completions

3. Research Methodology and Quantitative Methods: 577 completions

4. Computer Science: 429 completions

5. Data Analytics, General: 246 completions

6. Mathematics, General: 223 completions

7. Social Sciences, General: 211 completions

8. Law: 199 completions

9. International Relations and Affairs: 186 completions

Most popular programs at University of Chicago.

Employment Outcomes

Employment outcome data is not available for this institution.

Earnings outcomes for University of Chicago graduates.

Operations

Instructional staffing and expenditure indicators for University of Chicago from College Scorecard (not a full IPEDS finance statement).

Instructional Resources

  • Full-time faculty share: 84.9%
  • Average faculty salary (Scorecard): $19,806
  • Instructional expenditure per FTE: $96,069

Endowment and detailed non-instructional staff counts require IPEDS Finance/HR surveys and are not in this extract.

Scorecard instructional metrics where reported.

About

University of Chicago is a private non-profit institution located in Chicago, IL, classified as Doctoral Universities: Very High Research Activity. In the latest IPEDS completions in our extract, the largest programs by awards were Management Science, Econometrics and Quantitative Economics, Research Methodology and Quantitative Methods. Enrollment is approximately 7,569 students. Student body composition includes White (29.5%), Asian (19.3%), Non-Resident Alien (17.6%). It is highly selective, with an admission rate of 4.48%. Average SAT scores for admitted students are 1554. The 150%-time completion rate is 95.85%. Approximately 15.26% of students receive Pell Grants. About 20.2% of students are first-generation college students.

Institution Type

Private Non-profit

Carnegie Classification: Doctoral Universities: Very High Research Activity

Location

Chicago, IL 60637

Region: Great Lakes

Insights and Analysis

Exceptional Graduation Rate: With a 95.85% graduation rate, University of Chicago demonstrates strong student retention and completion. This rate significantly exceeds the national average, indicating effective academic support and student services.

Strong Career Outcomes: University of Chicago graduates report median earnings of $91,885 ten years after entry, placing them among the higher-earning college graduates nationally. This strong earnings potential reflects both the quality of education and the career opportunities available to graduates.

Diverse Program Offerings: With over 106 distinct degree programs, University of Chicago provides students with a wide range of academic options. This diversity allows students to explore various fields and find programs that align with their interests and career goals.

Frequently Asked Questions

Where is UChicago located?

University of Chicago is located in Chicago, IL. The institution is also known as UChicago.

What is UChicago's acceptance rate?

The acceptance rate at University of Chicago (UChicago) is 4.5% among first-time degree-seeking students reporting admissions data. IPEDS reports 38,631 applicants and 1,849 admits in the latest admissions cycle in our extract.

How much does UChicago cost?

Reported tuition is $70,662 and average net price is $14,860 in the latest College Scorecard data. On-campus room and board is estimated at $20,109 annually.

What is the student body demographics at UChicago?

University of Chicago reports undergraduate enrollment of about 9,275 students, White (29.5%), Asian (19.3%) in federal College Scorecard data.

How many first-generation students attend UChicago?

About 20.2% of students at University of Chicago are first-generation college students.

What test scores do students need for University of Chicago?

Among enrolled students who submitted scores, University of Chicago reports midpoint SAT about 1554 and midpoint ACT about 34.

What do graduates of University of Chicago earn?

Median earnings are $80,870 six years after entry and $91,885 ten years after entry.

What is the graduation rate at University of Chicago?

The 150%-time completion rate is 95.9% for the cohort reported to the College Scorecard.

How much debt do University of Chicago students have?

Median federal loan debt among completers is $15,000.

Is University of Chicago public or private?

University of Chicago is a private nonprofit institution located in Chicago, IL.

Is University of Chicago an HBCU?

No. University of Chicago is not flagged as an HBCU in the IPEDS institutional directory.

Is University of Chicago a tribal college?

No. University of Chicago is not flagged as a tribal college in IPEDS.

Data Sources

This page uses data from the following sources:

  • Chicago, Illinois city profile
  • Great Lakes regional profile
  • All state profiles
  • Regional profiles
  • National benchmarks
  • School directory
  • All schools in Illinois
  • Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.

    Last Updated: Data reflects the most recent available information as of January 2025.

    Methodology

    Data for this profile is sourced from the U.S. Department of Education's College Scorecard dataset, which provides comprehensive information on institutions of higher education in the United States.

    All financial figures are adjusted for inflation and represent the most recent available data. Graduation rates and completion times are calculated according to federal standards.