Types of Financial Aid
UChicago provides financial aid in two main ways: through need-based aid and merit-based scholarships:
- Need-Based Aid: UChicago meets 100% of demonstrated need in the form of grants (which do not need to be repaid) instead of loans for all families. Learn more about applying for need-based aid as a domestic student and as an international student .
- Merit-Based Scholarships: All students are automatically considered for merit-based scholarships, regardless of their financial situation. There is no separate application required, but you are welcome to learn more about different merit scholarships.
Odyssey Scholarship Program
A keystone component of our No Barriers philosophy, the Odyssey Scholarship program provides enhanced academic, social, and career support to students from under-resourced families and/or who are the first in their families to attend college. All students who apply for need-based financial aid are automatically considered for this program; there is no separate application. Learn more about the Odyssey Program.