University of Chicago

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2017 Undergraduate Tuition

$53,292

4.5% growth from 2016

2017 Average Net Price

$34,834

After Financial Aid

2016 Student Loan

1.57%

Default Rate

2017 Acceptance Rate

8.73%

27,694 Applicants

2017 Enrolled Students

16,227

85.1% Full-Time

2017 Graduation Rate

92.8%

1,309 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 Econometrics & Quantitative Economics (366 degrees awarded), General Mathematics (166 degrees), and General Biological Sciences (156 degrees).

In 2017, 5,386 degrees were awarded across all undergraduate and graduate programs at University of Chicago. 42.2% of these degrees were awarded to women, and 57.8% awarded men. The majority of degree recipients were white (2,311 degrees), 3.14 times more than then the next closest race/ethnicity group, asian (735 degrees).

The median undergraduate tuition at University of Chicago is $53,292, which is $26,792 more than the national average for Doctoral Universities ($26,500).

About the photo: Hull Gate, University of Chicago

Costs

The median undergraduate tuition at University of Chicago is $53,292, which is $26,792 more than the national average for Doctoral Universities ($26,500).

After taking grants and loans into account, the average net price for students is $34,834.

In 2017, 63% of undergraduate students received federal grants, while 13% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$53,292

2017 Undergraduate Tuition

In 2017, the cost of tuition at University of Chicago was $53,292. The cost of tuition at University of Chicago is $26,792 more than than the overall (public and private) national average for Doctoral Universities ($26,500).

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

$34,834

2017 Value

12.1%

1 Year Growth

In 2017 University of Chicago had an average net price — the price paid after factoring in grants and loans — of $34,834. Between 2016 and 2017, the average net price of University of Chicago grew by 12.1%.

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

$15,093

Room and Board

$1,800

Books and Supplies

The average yearly cost of room and board at University of Chicago was of $15,093 in 2017. During the same period, the average yearly cost of books and supplies was $1,800. The cost of room and board increased by 2.17% between 2016 and 2017. 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

63%

Of Undergraduates Receive Grants

13%

Of Undergraduates Receive Federal Loans

63% of undergraduate students at University of Chicago received grants or loans in 2017. This represents a decline of 1.56% with respect to 2016, when 64% 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.

1.57%

2016 Default Rate

27

Number of Defaults

In 2016 the default rate for borrower's at University of Chicago was 1.57%, which represents 27 out of the 1721 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 27,694 undergraduate applications in 2017, which represents a 12% annual decline. Out of those 27,694 applicants, 2,419 students were accepted for enrollment, representing a 8.73% acceptance rate.

There were 16,227 students enrolled at University of Chicago in 2017, and 47% of first-time enrollees submitted SAT scores with their applications.

University of Chicago has an overall enrollment yield of 71.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

8.73%

Acceptance Rate in 2017

2,419

Accepted Out of 27,694

In 2017, the undergraduate acceptance rate of University of Chicago was 8.73% (2,419 admissions from 27,694 applications). This is higher than the acceptance rate of 2016, which was 7.94%. Between 2016 and 2017, the number of applicants declined by -12%, while admissions declined by -3.2%.

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

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SAT Scores

47%

Submission Percentage

809

Scores Submitted

47% of enrolled first-time students at University of Chicago in 2017 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 16,227 students. The full-time enrollment at University of Chicago is 13,802 students and the part-time enrollment is 2,425. This means that 85.1% of students enrolled at University of Chicago are enrolled full-time.

The enrolled student population at University of Chicago, both undergraduate and graduate, is 40.9% White, 13.5% Asian, 8.6% Hispanic or Latino, 4.42% Black or African American, 3.65% Two or More Races, 0.123% American Indian or Alaska Native, and 0.0308% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of Chicago in full-time Undergraduate programs are majority White Male (22.6%), followed by White Female (19.4%) and Asian Female (9.86%). Students enrolled in full-time Graduate programs are majority White Male (21.6%), followed by White Female (18.1%) and Asian Female (4.94%).

Full-Time vs Part-Time Enrollment

85.1%

Full-Time Enrollment

The total enrollment at University of Chicago, both undergraduate and graduate, is 16,227 students. The full-time enrollment at University of Chicago is 13,802 and the part-time enrollment is 2,425. This means that 85.1% of students enrolled at University of Chicago are enrolled full-time compared with 78% 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%

2017 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

    6,630

  2. Asian

    2,198

  3. Hispanic or Latino

    1,395

The enrolled student population at University of Chicago is 40.9% White, 13.5% Asian, 8.6% Hispanic or Latino, 4.42% Black or African American, 3.65% Two or More Races, 0.123% American Indian or Alaska Native, and 0.0308% 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 51.5% White, 13.4% Hispanic or Latino, and 9.57% 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, 627 students (3.86%) did not report their race.

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Graduates

In 2017, 844 fewer women than men received degrees from University of Chicago. The majority of degree recipients at University of Chicago are white (2,311 degrees awarded). There were 3.14 times more white graduates than the next closest race/ethnicity group, asian (735 degrees).

The most common Bachelor's Degree concentration at University of Chicago is Econometrics & Quantitative Economics (366 degrees awarded), followed by General Mathematics (166 degrees) and General Biological Sciences (156 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 (475 degrees awarded), Physical Sciences (283 degrees), and Public Administration and Social Service (487 degrees).

Workforce

Common Jobs by Major

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 (321,927 people), Other managers (288,598 people), Social workers, all other (218,233 people), Elementary & middle school teachers (217,792 people), and Postsecondary teachers (203,382 people).

The most specialized majors at University of Chicago are Math & Statistics (475 degrees awarded), Physical Sciences (283 degrees), Public Administration and Social Service (487 degrees), Social Sciences (982 degrees), and Legal (293 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 Nuclear medicine technologists and medical dosimetrists, Chemists & materials scientists, Dentists, Cardiovascular technologists and technicians, and Surgeons

The most specialized majors at University of Chicago are Math & Statistics (475 degrees awarded), Physical Sciences (283 degrees), Public Administration and Social Service (487 degrees), Social Sciences (982 degrees), and Legal (293 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 (440,951 people), Colleges, universities & professional schools, including junior colleges (412,634 people), Legal services (271,863 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (231,182 people), and Computer Systems Design (230,987 people).

The most specialized majors at University of Chicago are Math & Statistics (475 degrees awarded), Physical Sciences (283 degrees), Public Administration and Social Service (487 degrees), Social Sciences (982 degrees), and Legal (293 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. 366 degrees awarded

  2. 166 degrees awarded

  3. 156 degrees awarded

In 2017, the most common bachelors degree concentration at University of Chicago was Econometrics & Quantitative Economics with 366 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. 3,115

  2. 2,271

In 2017, 3,115 degrees were awarded to men at University of Chicago, which is 1.37 times more than the number of degrees awarded to females (2,271).

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 2017, 869 degrees were awarded to men at University of Chicago in General Business Administration & Management, which is 2.25 times more than the 386 female recipients with that same degree.

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Most Common Female Majors

In 2017, 386 degrees were awarded to women at University of Chicago in General Business Administration & Management, which is 0.444 times less than the 869 male recipients with that same degree.

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Time to Complete

86%

100% Completion Time

92%

150% Completion Time

In 2017, 86% of students graduating from University of Chicago completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 92% completed their degrees within 150% of the normal time, and 92% 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.

Asian Male

Highest Graduation Rate (98%)

The student demographic with the highest graduation rate at University of Chicago is Male and Asian (98% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (68.1%).

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, 11.9% of graduates (156 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    2,311 degrees awarded

  2. Asian

    735 degrees awarded

  3. Hispanic or Latino

    368 degrees awarded

The most common race/ethnicity at University of Chicago is white (2,311 degrees awarded). There were 3.14 times more white recipients than the next closest race/ethnicity group, asian (735 degrees).

5.12% of degree recipients (276 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    1,347 degrees awarded

  2. White Female

    964 degrees awarded

  3. Asian Male

    393 degrees awarded

The most common race/ethnicity and gender grouping at University of Chicago is white male (1,347 degrees awarded). There were 1.4 times more white male recipients than the next closest race/ethnicity group, white female (964 degrees).

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Operations

University of Chicago has an endowment valued at nearly $6.62B, as of the end of the 2017 fiscal year. The return on its endowment was of $671M (10.1%), compared to the 5.91% average return ($16.9M on $287M) across all Doctoral Universities.

In 2017, University of Chicago had a total salary expenditure of $3.62B. University of Chicago employs 607 Professors, 281 Assistant professors, and 221 Associate professors. Most academics at University of Chicago are Male Professors (474), Male Assistant professors(179), and Male Associate professors (139).

The most common positions for non-instructional staff at University of Chicago are: Management, with 1173 employees, Research, with 895 employees, and Computer, Engineering, and Science with 845 employees.

Finances

Endowment

$6.62B

2017 Endowment

8.1%

growth from 2016

University of Chicago has an endowment valued at about $6.62B, as of the end of the 2017 fiscal year. The endowment of University of Chicago grew 8.1% from the previous year. The value of their endowment was $6.33B 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. $364M - Federal

  2. $1.62M - State

  3. $2.02M - Local

As of 2017, University of Chicago received $364M in grants and contracts from the federal government, $1.62M from state grants and contracts, and $2.02M from local grants and contracts.

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Expenses

Salary Expenditure

$1.14B

2017 Salaries

4.73%

growth from 2016

In 2017, University of Chicago paid a median of $1.14B in salaries, which represents 31.4% of their overall expenditure ($3.62B) and a 4.73% growth from the previous year. This is compared to a 3.93% growth from 2015 and a 3.45% growth from 2014.

The median for similar Doctoral Universities is 215M (42.7% of overall expenditures).

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Instructional Salaries

$229M

Instructional Salaries

1,346

Number of Employees

In 2017, University of Chicago paid a total of $229M to 1,346 employees working as instructors, which represents 20.1% of all salaries paid.

This is compared to a median of $146M (22.5%) for similar Doctoral Universities: Highest Research Activity.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

607 Employees

Management

Most Common Non-Instructional Employee

1173 Employees

In 2017, the most common positions for instructional staff at University of Chicago were Professor with 607 employees; Assistant professor with 281 employees; and Assistant professor with 221 employees.

In 2017, the most common positions for non-instructional staff at University of Chicago were Management with 1,173 employees; Research with 895 employees; and Computer, Engineering, and Science with 845 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 2017, the most common demographic for instructional staff at University of Chicago was Male Professor with 474 employees, Male Assistant professor with 179 employees, and Male Associate professor with 139 employees.

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

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