Student Loans for University of Illinois at Chicago
A notable public research university, the University of Illinois at Chicago (UIC) is located in Chicago, Illinois. It is the largest university in Chicago, boasting over 28,000 students spread throughout 15 colleges. UChicago also has the privilege of operating the largest medical school in the nation. More, the university holds a number of honors and distinctions that have been awarded to it by prominent bodies and institutions. Because of its high repute, it is one of the most promising places for students who wish to pursue programs in medicine, dentistry and nursing.
UIC Financial Aid
UIC financial aid is designed to help students pursue a program at this prestigious institute in an affordable manner. The university takes part in a number of federal, state and institutional programs so that it can assist students according to their needs. Aware that many families cannot pay for its costly academic program, the university always hopes to help students obtain aid packages so that they may afford education with ease. To apply for the University of Illinois Chicago financial aid, you must complete the FAFSA, which may be filled out online at fafsa.ed.gov.
UIC financial aid packages include state, federal and institutional grants. The university also offers a variety of scholarship programs, assistantships and fellowships. More, the option of obtaining student loans is included in the UIC financial aid program, allowing students to receive substantial funds for college at low interest rates. Employment opportunities are also available so that students may work on a part-time basis in order to earn money, paying for college without compromising their education.
Private Student Loans
If your University of Illinois Chicago financial aid package does not help to cover the complete costs of your education, then you should apply for private student loans. These funds are granted by private lenders so that you may bridge the gap between your need and what you may be able to receive through the UIC financial aid program. Our Student Loan Comparison Tool is here help you gauge the private student loans that suit you best.
The Monetary Grant Program (MAP) is a financial assistance program funded by the State of Illinois and is administered by the Illinois Student Assistance Commission (ISAC). Students who want to apply for this program must be residents of the state of Illinois, must be undergraduate students, must have completed the FAFSA before the deadline, and must have an expected family contribution of less than $9,000.
Can you tell me about the fellowship program offered by the University of Illinois Chicago?
The University of Illinois Chicago has a fellowship program for graduate students. The program works like a scholarship or a stipend in a non-employment capacity. Generally, fellowships comprise of a tuition and fee waiver awarded by the graduate institution that works in conjunction with scholarships. Students should know that a fellowship may influence loan eligibility.
Pay for University of Illinois at Chicago*
|Total Avg. Cost||$39,268|
|Room & Board||$9,994|
|Financial Aid Information|
|Students Receiving Fin Aid||80%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$5,994|
|%Receiving Other Loans||3%|
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*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics