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UChicago to Offer Tuition-Free Degrees to $250K Families

5/14/2026

Summary

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Tuition-free undergraduate education for families earning under $250,000 will start at the University of Chicago in fall 2027.
The plan also waives room, board and other fees for students whose families earn less than $125,000.
President Paul Alivisatos said the initiative deepens the university’s commitment to affordability.
The university distributes roughly $225 million in aid annually, with average packages over $75,000, tuition $71,325 for 2026-27 and total cost $98,300.

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Story summary

Tuition-free undergraduate education for families earning under $250,000 will start at the University of Chicago in fall 2027.
The plan also waives room, board and other fees for students whose families earn less than $125,000.
President Paul Alivisatos said the initiative deepens the university’s commitment to affordability.
The university distributes roughly $225 million in aid annually, with average packages over $75,000, tuition $71,325 for 2026-27 and total cost $98,300.