University of Chicago

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2016 Undergraduate Tuition

$50,997

4.02% growth from 2015

2016 Average Net Price

$31,068

After Financial Aid

2015 Student Loan

0.809%

Default Rate

2016 Acceptance Rate

7.94%

31,484 Applicants

2016 Enrolled Students

15,775

84.4% Full-Time

2016 Graduation Rate

94.2%

1,303 Graduates

About

University of Chicago is a higher education institution located in Cook County, IL. In 2016, the most popular Bachelor's Degree concentrations at University of Chicago were General Economics (370 degrees awarded), General Biological Sciences (166 degrees), and General Mathematics (158 degrees).

In 2016, 5,361 degrees were awarded across all undergraduate and graduate programs at University of Chicago. 43.1% of these degrees were awarded to women, and 56.9% awarded men. The majority of degree recipients were white (2,248 degrees), 3.13 times more than then the next closest race/ethnicity group, asian (719 degrees).

The median undergraduate tuition at University of Chicago is $50,997, which is $25,141 more than the national average for Doctoral Universities ($25,856).

About the photo: Hull Gate, University of Chicago

Costs

The median undergraduate tuition at University of Chicago is $50,997, which is $25,141 more than the national average for Doctoral Universities ($25,856).

After taking grants and loans into account, the average net price for students is $31,068.

In 2016, 64% of undergraduate students received federal grants, while 19% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$50,997

2016 Undergraduate Tuition

In 2016, the cost of tuition at University of Chicago was $50,997. The cost of tuition at University of Chicago is $25,141 more than than the overall (public and private) national average for Doctoral Universities ($25,856).

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

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Average Net Price

$31,068

2016 Value

6.16%

1 Year Growth

In 2016 University of Chicago had an average net price — the price paid after factoring in grants and loans — of $31,068. Between 2015 and 2016, the average net price of University of Chicago grew by 6.16%.

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.

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Other Student Expenses

$14,772

Room and Board

$1,800

Books and Supplies

The average yearly cost of room and board at University of Chicago was of $14,772 in 2016. During the same period, the average yearly cost of books and supplies was $1,800. The cost of room and board increased by 3.92% between 2015 and 2016. 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.

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Financial Aid

Financial Aid by Income Level

64%

Of Undergraduates Receive Grants

19%

Of Undergraduates Receive Federal Loans

64% of undergraduate students at University of Chicago received grants or loans in 2016. This represents a growth of 1.59% with respect to 2015, when 63% 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.

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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.

0.809%

2015 Default Rate

15

Number of Defaults

In 2015 the default rate for borrower's at University of Chicago was 0.809%, which represents 15 out of the 1854 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.

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Admissions

University of Chicago received 31,484 undergraduate applications in 2016, which represents a 4.71% annual growth. Out of those 31,484 applicants, 2,499 students were accepted for enrollment, representing a 7.94% acceptance rate.

There were 15,775 students enrolled at University of Chicago in 2016, and 59% of first-time enrollees submitted SAT scores with their applications.

University of Chicago has an overall enrollment yield of 63.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

7.94%

Acceptance Rate in 2016

2,499

Accepted Out of 31,484

In 2016, the undergraduate acceptance rate of University of Chicago was 7.94% (2,499 admissions from 31,484 applications). This is lower than the acceptance rate of 2015, which was 8.38%. Between 2015 and 2016, the number of applicants grew by 4.71%, while admissions declined by -0.873%.

This chart compares the acceptance rate of University of Chicago (in red) with that of other similar universities.

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SAT Scores

59%

Submission Percentage

941

Scores Submitted

59% of enrolled first-time students at University of Chicago in 2016 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.

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Enrollment

University of Chicago has a total enrollment of 15,775 students. The full-time enrollment at University of Chicago is 13,316 students and the part-time enrollment is 2,459. This means that 84.4% of students enrolled at University of Chicago are enrolled full-time.

The enrolled student population at University of Chicago, both undergraduate and graduate, is 41.6% White, 13.1% Asian, 7.98% Hispanic or Latino, 4.36% Black or African American, 2.76% Two or More Races, 0.177% American Indian or Alaska Native, and 0.0444% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of Chicago in full-time Undergraduate programs are majority White Male (23.7%), followed by White Female (19.7%) and Asian Female (9.65%). Students enrolled in full-time Graduate programs are majority White Male (22.2%), followed by White Female (17.9%) and Asian Female (4.48%).

Full-Time vs Part-Time Enrollment

84.4%

Full-Time Enrollment

The total enrollment at University of Chicago, both undergraduate and graduate, is 15,775 students. The full-time enrollment at University of Chicago is 13,316 and the part-time enrollment is 2,459. This means that 84.4% of students enrolled at University of Chicago are enrolled full-time compared with 78.1% 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.

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Retention Rate over Time

99%

2016 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 (83%), 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    6,558

  2. Asian

    2,065

  3. Hispanic or Latino

    1,259

The enrolled student population at University of Chicago is 41.6% White, 13.1% Asian, 7.98% Hispanic or Latino, 4.36% Black or African American, 2.76% Two or More Races, 0.177% American Indian or Alaska Native, and 0.0444% 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 51.9% White, 12.8% Hispanic or Latino, and 9.36% 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, 927 students (5.88%) did not report their race.

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Graduates

In 2016, 745 fewer women than men received degrees from University of Chicago. The majority of degree recipients at University of Chicago are white (2,248 degrees awarded). There were 3.13 times more white graduates than the next closest race/ethnicity group, asian (719 degrees).

The most common Bachelor's Degree concentration at University of Chicago is General Economics (370 degrees awarded), followed by General Biological Sciences (166 degrees) and General Mathematics (158 degrees).

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 (434 degrees awarded), Physical Sciences (287 degrees), and Public Administration and Social Service (492 degrees).

Workforce

Common Jobs by Major

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 Miscellaneous managers (354,728 people), Lawyers, & judges, magistrates, & other judicial workers (309,408 people), Elementary & middle school teachers (247,272 people), Social workers (246,847 people), and Postsecondary teachers (237,873 people).

The most specialized majors at University of Chicago are Math & Statistics (434 degrees awarded), Physical Sciences (287 degrees), Public Administration and Social Service (492 degrees), Language & Linguistics (178 degrees), and Social Sciences (941 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at University of Chicago are Public relations specialists, Physicians & surgeons, Real estate brokers & sales agents, Sales engineers, and Securities, commodities, & financial services sales agents

The most specialized majors at University of Chicago are Math & Statistics (434 degrees awarded), Physical Sciences (287 degrees), Public Administration and Social Service (492 degrees), Language & Linguistics (178 degrees), and Social Sciences (941 degrees).

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Common Industries by Major

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 (491,758 people), Colleges, universities & professional schools, including junior colleges (442,423 people), Legal services (253,901 people), Hospitals (252,274 people), and Computer Systems Design (221,860 people).

The most specialized majors at University of Chicago are Math & Statistics (434 degrees awarded), Physical Sciences (287 degrees), Public Administration and Social Service (492 degrees), Language & Linguistics (178 degrees), and Social Sciences (941 degrees).

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Degrees

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

  1. 370 degrees awarded

  2. 166 degrees awarded

  3. 158 degrees awarded

In 2016, the most common bachelors degree concentration at University of Chicago was General Economics with 370 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 3,053

  2. 2,308

In 2016, 3,053 degrees were awarded to men at University of Chicago, which is 1.32 times more than the number of degrees awarded to females (2,308).

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

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Most Common Male Majors

In 2016, 876 degrees were awarded to men at University of Chicago in General Business Administration & Management, which is 2.31 times more than the 380 female recipients with that same degree.

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Most Common Female Majors

In 2016, 380 degrees were awarded to women at University of Chicago in General Business Administration & Management, which is 0.434 times less than the 876 male recipients with that same degree.

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Time to Complete

87%

100% Completion Time

93%

150% Completion Time

In 2016, 87% of students graduating from University of Chicago completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 93% completed their degrees within 150% of the normal time, and 93% 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at University of Chicago is Female and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (67.2%).

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, 6.45% of graduates (84 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    2,248 degrees awarded

  2. Asian

    719 degrees awarded

  3. Unknown

    466 degrees awarded

The most common race/ethnicity at University of Chicago is white (2,248 degrees awarded). There were 3.13 times more white recipients than the next closest race/ethnicity group, asian (719 degrees).

8.69% of degree recipients (466 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    1,286 degrees awarded

  2. White Female

    962 degrees awarded

  3. Asian Male

    393 degrees awarded

The most common race/ethnicity and gender grouping at University of Chicago is white male (1,286 degrees awarded). There were 1.34 times more white male recipients than the next closest race/ethnicity group, white female (962 degrees).

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Operations

University of Chicago has an endowment valued at nearly $6.55B, as of the end of the 2015 fiscal year. The return on its endowment was of $229M (3.5%), compared to the 1.54% average return ($4.18M on $271M) across all Doctoral Universities.

In 2015, University of Chicago had a total expenditure of $3.38B. Of that $3.38B, they spent $1.05B on salaries and $3.38B on benefits.

University of Chicago employs 598 Professors, 292 Assistant professors, and 217 Associate professors. Most academics at University of Chicago are Male Professors (471), Male Assistant professors(186), and Male Associate professors (135).

The most common positions for non-instructional staff at University of Chicago are: Management, with 1116 employees, Research, with 885 employees, and Computer, Engineering, and Science with 842 employees.

Finances

Endowment

$6.55B

2015 Endowment

0.218%

growth from 2014

University of Chicago has an endowment valued at about $6.55B, as of the end of the 2015 fiscal year. The endowment of University of Chicago grew 0.218% from the previous year. The value of their endowment was $6.28B 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.

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Government Grants and Contracts

Grants & Contracts

  1. $350M - Federal

  2. $6.7M - State

  3. $0 - Local

As of 2015, University of Chicago received $350M in grants and contracts from the federal government, $6.7M from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$1.05B

Salary Expenditure

$3.38B

Benefits Expenditure

In 2015, University of Chicago had a total expenditure of $3.38B. Of that $3.38B, they spent $1.05B on salaries and $3.38B on benefits.

The bar chart shows the share of the primary expenses at University of Chicago over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Doctoral Universities Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at University of Chicago as a share of total expenditure.

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Salary Expenditure

$1.05B

2015 Salaries

3.45%

growth from 2014

In 2015, University of Chicago paid a median of $1.05B in salaries, which represents 31% of their overall expenditure ($3.38B) and a 3.45% growth from the previous year. This is compared to a 5.6% growth from 2013 and a 4.4% growth from 2012.

The median for similar Doctoral Universities is 206M (43.4% of overall expenditures).

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Instructional Salaries

$215M

Instructional Salaries

1,307

Number of Employees

In 2015, University of Chicago paid a total of $215M to 1,307 employees working as instructors, which represents 20.6% of all salaries paid.

This is compared to a median of $62.1M (30.2%) for similar Doctoral Universities.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

598 Employees

Management

Most Common Non-Instructional Employee

1116 Employees

In 2016, the most common positions for instructional staff at University of Chicago were Professor with 598 employees; Assistant professor with 292 employees; and Assistant professor with 217 employees.

In 2016, the most common positions for non-instructional staff at University of Chicago were Management with 1,116 employees; Research with 885 employees; and Computer, Engineering, and Science with 842 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Male Assistant professor

  3. Male Associate professor

In 2016, the most common demographic for instructional staff at University of Chicago was Male Professor with 471 employees, Male Assistant professor with 186 employees, and Male Associate professor with 135 employees.

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

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