December 25, 2019
The University of Chicago in Hyde Park created a new financial assistance program in 2018 as a way to diversify its student population that provides free tuition, fees and housing to low-income students with household incomes $60,000 per year or less. Photo credit: Courtesy of the University of Chicago
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LOW-INCOME STUDENTS CAN NOW ATTEND THE UNIVERSITY OF CHICAGO FOR FREE
A relatively new program at the University of Chicago allows low-income students to receive free tuition if their household income is $125,000 per year or less. And more financial assistance is available to students with household incomes $60,000 per year or less. Those students receive free housing and fees plus tuition as part of their financial aid by the school. And for students who are the first in their families to attend college, they receive a $20,000 scholarship over four years and a guaranteed paid internship for their first summer. Free housing is a big deal because the university requires all students to live on campus during their first two years