by our College Data Analytics TeamMany students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at University of Illinois Chicago can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial assistance options will UIC offer, and what will you qualify for? Read on for more information. Keep scrolling to find out what amount of financial assistance will be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from University of Illinois Chicago.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at University of Illinois Chicago, 80% of first-time, full-time freshmen received some form of financial aid (about 3671 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 74% | $16,755 |
| Institutional grants & scholarships | 70% | $5,552 |
| Federal Pell grants | 56% | $5,781 |
| State/local grants | 63% | $8,119 |
| Federal student loans | 17% | $5,107 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, some 65% of undergraduate students received gift aid averaging $15,596 (across roughly 14331 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $15,596 |
| Federal Pell grants | 49% | $5,565 |
| Federal student loans | 22% | $6,324 |
For on-campus title-IV students, average grant aid came to $16,547.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,527 |
| $30,001 – $75,000 | $11,222 |
| Over $75,000 | $22,462 |
Each figure is the net price after grants and scholarships, not the published sticker price.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $10,974 |
| Off-campus title-IV students | $12,313 |
For an estimate tailored to your family circumstances, see UIC’s net price calculator: discover.uic.edu/#calculator.
The median federal debt load at UIC comes to $13,657 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $13,657 |
| Median federal debt (graduates only) | $16,704 |
| Typical 10-year monthly payment (graduates) | $177.09/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at UIC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $6,463 |
| 75th percentile | $24,000 |
| 90th percentile (highest-debt students) | $31,000 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,750 |
| Middle income | $13,000 |
| High income | $15,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,000 |
| Continuing-generation students | $15,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,000 |
| Independent students | $18,132 |
A handful of calculated indicators summarize the debt outlook at UIC.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at UIC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 78539 |
| Total Stafford loan amount | $2,803,382,948 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 271 |
| Total GI Bill amount | $3,771,862 |
| Average GI Bill amount per recipient | $13,918 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $2,750 |
| Average DoD amount per recipient | $2,750 |
References
More about our data sources and methodologies.