University of Chicago

www.uchicago.edu/

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2021 Undergraduate Tuition

$59,256

2.8% growth from 2020

2021 Average Net Price

$33,727

After Financial Aid

2019 Student Loan

0.532%

Default Rate

2021 Acceptance Rate

6.48%

37,974 Applicants

2021 Enrolled Students

18,832

88.7% Full-Time

2021 Graduation Rate

95.9%

1,472 Graduates

About

University of Chicago is a higher education institution located in Cook County, IL. In 2021, the most popular Masters Degree concentrations at University of Chicago were Management Science (1,027 degrees awarded), General Public Policy Analysis (243 degrees), and General Statistics (211 degrees).

In 2021, 6,805 degrees were awarded across all undergraduate and graduate programs at University of Chicago. 45.9% of these degrees were awarded to women, and 54.1% awarded men. The most common race/ethnicity group of degree recipients was white (2,539 degrees), 2.78 times more than then the next closest race/ethnicity group, asian (914 degrees).

The median undergraduate tuition at University of Chicago is $59,256, which is $30,264 more than the national average for Doctoral Universities ($28,992).

About the photo: Hull Gate, University of Chicago

Photo by Catarina Oberlander

Doctoral Universities: Highest Research Activity Doctoral Universities

Costs

In 2021, the median undergraduate tuition at University of Chicago is $59,256, which is $30,264 more than the national average for Doctoral Universities ($28,992).

After taking grants and loans into account, the average net price for students is $33,727.

In 2021, 54% of undergraduate students attending University of Chicago received financial aid through grants. Comparatively, 6% of undergraduate students received financial aid through loans.

Tuition Costs

$59,256

2021 Undergraduate Tuition

In 2021, the cost of tuition at University of Chicago was $59,256. The cost of tuition at University of Chicago is $30,264 more than than the overall (public and private) national average for Doctoral Universities ($28,992).

This chart compares the tuition costs of University of Chicago (in red) with those of other similar universities.

Average Net Price

$33,727

2021 Value

7.81%

1 Year Growth

In 2021 University of Chicago had an average net price — the price paid after factoring in grants and loans — of $33,727. Between 2020 and 2021, the average net price of University of Chicago grew by 7.81%.

This chart compares the average net price of University of Chicago (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$17,004

Room and Board

$1,800

Books and Supplies

The average yearly cost of room and board at University of Chicago was of $17,004 in 2021. The cost of room and board did not change between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,800. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at University of Chicago (in red) with that of similar universities.

Financial Aid by Income Level

54%

Undergraduates Receiving Financial Aid through Grants

Undergraduates Receiving Financial Aid through Loans

54% of undergraduate students at University of Chicago received financial aid through grants or loans in 2021. This represents a growth of 0% with respect to 2020, when 54% of undergraduate students received financial aid.

This chart compares the average award discount at University of Chicago (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

0.532%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at University of Chicago was 0.532%, which represents 8 out of the 1505 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

University of Chicago received 37,974 undergraduate applications in 2021, which represents a 10.6% annual growth. Out of those 37,974 applicants, 2,460 students were accepted for enrollment, representing a 6.48% acceptance rate.

There were 18,832 students enrolled at University of Chicago in 2021. 49% of first-time enrollees submitted SAT scores with their applications.

University of Chicago has an overall enrollment yield of 83.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

6.48%

Acceptance Rate in 2021

2,460

Accepted Out of 37,974

In 2021, the undergraduate acceptance rate of University of Chicago was 6.48% (2,460 admissions from 37,974 applications). This is lower than the acceptance rate of 2020, which was 7.31%. Between 2020 and 2021, the number of applicants grew by 10.6%, while admissions declined by −1.99%..

This chart compares the acceptance rate of University of Chicago (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

49%

Submission Percentage (2021)

1,011

Scores Submitted (2021)

49% of enrolled first-time students at University of Chicago in 2021 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

University of Chicago had a total enrollment of 18,832 students in 2021. The full-time enrollment at University of Chicago is 16,710 students and the part-time enrollment is 2,122. This means that 88.7% of students enrolled at University of Chicago are enrolled full-time.

The enrolled student population at University of Chicago, both undergraduate and graduate, is 33.8% White, 14.9% Asian, 9.94% Hispanic or Latino, 5.06% Black or African American, 4.27% Two or More Races, 0.0637% American Indian or Alaska Native, and 0.0159% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of Chicago in full-time Undergraduate programs are most commonly White Male (18.7%), followed by White Female (14.6%) and Asian Female (10.1%). Students enrolled in full-time Graduate programs are most commonly White Male (17.3%), followed by White Female (15.1%) and Asian Female (5.55%).

Full-Time vs Part-Time Enrollment

88.7%

Full-Time Enrollment

The total enrollment at University of Chicago in 2021, both undergraduate and graduate, is 18,832 students. The full-time enrollment at University of Chicago is 16,710 and the part-time enrollment is 2,122. This means that 88.7% of students enrolled at University of Chicago are enrolled full-time compared with 76.6% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at University of Chicago (in red) compares to similar universities.

Retention Rate over Time

99%

2021 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. The retention rate for full-time undergraduates at University of Chicago was 99%. Compared with the full-time retention rate at similar Doctoral Universities (84%), University of Chicago had a retention rate higher than its peers.

This chart shows the retention rate over time at University of Chicago (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
6,372 enrolled students
Asian
2,813 enrolled students
Hispanic or Latino
1,871 enrolled students

The enrolled student population at University of Chicago is 33.8% White, 14.9% Asian, 9.94% Hispanic or Latino, 5.06% Black or African American, 4.27% Two or More Races, 0.0637% American Indian or Alaska Native, and 0.0159% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 48.9% White, 15.1% Hispanic or Latino, and 9.56% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 630 students (3.35%) did not report their race.

Graduates

In 2021, 557 fewer women than men received degrees from University of Chicago. The most common race/ethnicity group of degree recipients at University of Chicago is white (2,539 degrees awarded). There were 2.78 times more white recipients than the next closest race/ethnicity group, asian (914 degrees).

The most common Masters Degree concentration at University of Chicago is Management Science (1,027 degrees awarded), followed by General Public Policy Analysis (243 degrees) and General Statistics (211 degrees).

In 2021, the most specialized majors across all degree types at University of Chicago, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Math & Statistics (797 degrees awarded), Physical Sciences (317 degrees), and Social Sciences (1,278 degrees).

Common Jobs by Major

Lawyers, & judges, magistrates, & other judicial workers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at University of Chicago are Lawyers, & judges, magistrates, & other judicial workers (343,939 people), Other managers (316,302 people), Postsecondary teachers (238,954 people), Elementary & middle school teachers (204,715 people), and Social workers, all other (200,005 people).

The most specialized majors at University of Chicago in 2021 are Math & Statistics (797 degrees awarded), Physical Sciences (317 degrees), Social Sciences (1,278 degrees), Public Administration and Social Service (586 degrees), and Language & Linguistics (164 degrees) (as of 2021).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at University of Chicago are Surgeons, Physicians, Securities, commodities, & financial services sales agents, Nuclear medicine technologists and medical dosimetrists, and Aircraft pilots & flight engineers

The most specialized majors at University of Chicago are Math & Statistics (797 degrees awarded), Physical Sciences (317 degrees), Social Sciences (1,278 degrees), Public Administration and Social Service (586 degrees), and Language & Linguistics (164 degrees) (as of 2021).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at University of Chicago are Elementary & secondary schools (516,195 people), Colleges, universities & professional schools, including junior colleges (465,882 people), Legal services (275,333 people), Computer Systems Design (268,615 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (248,930 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by University of Chicago.

Most Common (2021)

Management Science
1,027 degrees awarded
General Public Policy Analysis
243 degrees awarded
General Statistics
211 degrees awarded

In 2021, the most common masters degree concentration at University of Chicago was Management Science with 1,027 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from masters degree programs at University of Chicago according to their major.

Sex Breakdown for Common Majors

3,681

Degrees Awarded to Men

in 2021

3,124

Degrees Awarded to Women

in 2021

In 2021, 3,681 degrees were awarded to men at University of Chicago, which is 1.18 times more than the number of degrees awarded to females (3,124).

This chart displays the sex disparity between the top 5 majors at University of Chicago by degrees awarded.

Most Common Male Majors

In 2021, 685 degrees were awarded to men at University of Chicago in Management Science, which is 2 times more than the 342 female recipients with that same degree.

Most Common Female Majors

In 2021, 342 degrees were awarded to men at University of Chicago in Management Science, which is 0.499 times less than the 685 male recipients with that same degree.

Time to Complete

90%

100% Completion Time

95%

150% Completion Time

In 2021, 90% of students graduating from University of Chicago completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 95% completed their degrees within 150% of the normal time, and 95% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at University of Chicago is Male and Two or More Races (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (72.9%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 4.62% of graduates (68 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
2,539 degrees awarded
Asian
914 degrees awarded
Hispanic or Latino
618 degrees awarded

The most common race/ethnicity at University of Chicago is white (2,539 degrees awarded). There were 2.78 times more white recipients than the next closest race/ethnicity group, asian (914 degrees).

2.42% of degree recipients (165 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Male
1,386 degrees awarded
White Female
1,153 degrees awarded
Asian Male
493 degrees awarded

The most common race/ethnicity and sex grouping at University of Chicago is white male (1,386 degrees awarded). There were 1.2 times more white male recipients than the next closest race/ethnicity group, white female (1153 degrees).

Operations

University of Chicago has an endowment valued at nearly $9.59B, as of the end of the 2021 fiscal year. The return on its endowment was of 2.64B (27.5%) compared to the 10.4% average return (40.5M on 388M) across all Doctoral Universities.

In 2021, University of Chicago had a total salary expenditure of 4.19B. University of Chicago employs 610 Professors, 396 Lecturers and 276 Assistant professors. Most academics at University of Chicago are Male Professor (464), Female Lecturer (213), and Male Lecturer (183).

The most common positions for non-instructional staff at University of Chicago are: Management, with 1,411 employees, Research, with 1,190 employees, and Business and Financial Operations with 742 employees.

Endowment

$9.59B

2021 Endowment

33.3%

growth from 2020

University of Chicago has an endowment valued at about $9.59B, as of the end of the 2021 fiscal year. The endowment of University of Chicago grew 33.3% from the previous year. The value of their endowment was $9.21B higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at University of Chicago (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Highest Research Activity Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$446M - Federal
$3.81M - State
$15.9M - Local

As of 2021, University of Chicago received $446M in grants and contracts from the federal government, $3.81M from state grants and contracts, and $15.9M from local grants and contracts.

Salary Expenditure

$1.4B

2021 Salaries

2.92%

growth from 2020

In 2021, University of Chicago paid a median of $1.4B in salaries, which represents 33.5% of their overall expenditure ($4.19B) and a 2.92% growth from the previous year.

The median for similar Doctoral Universities is 234M (42.8% of overall expenditures).

Instructional Salaries

$265M

Instructional Salaries

1,624

Number of Employees

In 2021, University of Chicago paid a total of $265M to 1,624 employees working as instructors, which represents 18.9% of all salaries paid.

This is compared to a median of $71M (30.3%) for similar Doctoral Universities.

Occupations by Share

Professor

Most Common Instructor

610 Employees

Management

Most Common Non-Instructional Employee

1,411 Employees

In 2021, the most common positions for instructional staff at University of Chicago were Professor with 610 employees, Lecturer with 396 employees, and Assistant professor with 276 employees.

In 2021, the most common positions for non-instructional staff at University of Chicago were Management with 1,411 employees, Research with 1,190 employees, and Business and Financial Operations with 742 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Female Lecturer
Male Lecturer

In 2021, the most common demographic for instructional staff at University of Chicago was Male Professor with 464 employees, Female Lecturer with 213 employees, and Male Lecturer with 183 employees.

This chart shows the sex split between each academic rank present at University of Chicago.