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University Of Chicago To Pay Tuition For Families With Incomes Below $250,000

The school said the change will cover tuition for about 90% of U.S. households and add housing, meals and fees for lower-income families.

  • On Wednesday, the University of Chicago announced free tuition for undergraduate students from families earning less than $250,000 annually, beginning fall 2027.
  • University President Paul Alivisatos said the initiative reflects the school's belief that financial barriers should not prevent talented students from attending.
  • Nearly 90% of U.S. families will qualify under the new initiative, with free housing, meals, and fees provided for families earning less than $125,000.
  • As elite institutions increasingly adopt free tuition, the university aligns with Yale University, Columbia University, and Harvard University to address rising college costs.
  • Expanding undergraduate enrollment to around 9,000 students, the institution will continue providing over $225 million in annual financial aid as part of a "multiyear plan" announced by University Provost Katherine Baicker.
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The University of Chicago broke the news on Wednesday, May 13, 2026.
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