by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.
$13,256.00 is the typical University of Illinois at Chicago’s first year financial aid package. Approximately 85% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at University of Illinois at Chicago.
In addition to scholarships, 66% of first years (2888 total) were awarded federal grant aid, averaging $4,932.00 each.
The stats and the chart below reference predominantly federal grants, as well as some local and state grants.
66% of first-year students at University of Illinois at Chicago (2888 total) got a federal grant, averaging $4,932.00.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 28.12% | $15,282.00 |
| Income 30k-48k | 16.34% | $14,480.00 |
| Income 48k-75k | 12.10% | $11,726.00 |
| Income 75k-110k | 3.31% | $5,992.00 |
| Income 110k + | 1.87% | $2,511.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 4381 undergraduate students at University of Illinois at Chicago around 85% (3467 total) receive some form of grant aid. The typical amount awarded was $13,256.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.