
The University of Chicago is a private research university located in Chicago, Illinois, United States. It offers over 36 undergraduate and more than 31 graduate programs in fields such as economics, computer science, business, statistics, neuroscience, and financial mathematics.
University of Chicago Courses and Fees for Indian Students:
For graduate programs, tuition varies by department and is based on credit or unit load under the university’s quarter system. Undergraduate tuition is fixed across all programs on an annual basis.
Approximate program-wise fees are as follows:
In addition to tuition, students should also consider the total cost of attendance at the University of Chicago, which includes housing, food, insurance, and other living expenses.
Current Currency Conversion: 1 USD = 95.38 (as of 12 June 2026).
Also check: USA study guide for Indian students
| Course Name | Course Duration | Fees in USD | Fees in INR |
|---|---|---|---|
| MS Financial Mathematics | 15 months | $7,415 per 100-unit course | ₹7.07 lakh |
| MS Computer Science | 9 months | $64,194 | ₹61.2 lakh |
| MBA | 21 months | $89,976 | ₹85.8 lakh |
| MBA Finance | 21 months | $89,976 | ₹85.8 lakh |
| BS Computer Science | 4 years | $75,960 | ₹72.4 lakh |
| BA Economics | 4 years | $75,960 | ₹72.4 lakh |
| Bachelor Neuroscience | 4 years | $75,960 | ₹72.4 lakh |
| BS Statistics | 4 years | $75,960 | ₹72.4 lakh |
Also Read: Academic Requirements for Indian Students Applying to the University of Chicago
The University of Chicago follows a quarter system, not the traditional semester system. For most graduate and undergraduate programs, the academic year is divided into four quarters:
| Quarter | Typical Duration |
|---|---|
| Autumn Quarter | Late September – December |
| Winter Quarter | January – March |
| Spring Quarter | March – June |
| Summer Quarter | June – August |
Most students are enrolled in three main academic quarters (Autumn, Winter, and Spring). Summer is often optional, depending on the program.
| Cost | 4 Quarters | 3 Quarters | 2 Quarters | 1 Quarter |
|---|---|---|---|---|
| Tuition Fee | Varies as per the department | |||
| Books & Course Materials | $2,780 | $2,085 | $1,390 | $695 |
| Housing and Food | $29,000 | $21,750 | $14,500 | $7,250 |
| Graduate Student Service Fee | $2,080 | $1,560 | $1,040 | $520 |
| Misc. Personal Expenses | $5,000 | $3,750 | $2,500 | $1,250 |
| Transportation | $4,000 | $3,000 | $2,000 | $1,000 |
| Est. Loan Fees(For Federal Direct Loan Borrowers) | $288 | $216 | $144 | $72 |
| Estimated Health Insurance(If required) | $5,145 | $5,145 | $3,430 | $1,715 |
| Total Expense | $48,293 | ₹46 lakh | $37,506 | ₹35.7 lakh | $25,004 | ₹23.8 lakh | $12,502 | 11.9 lakh |
Additional Costs: New students are charged a one-time Lifetime Transcript Fee of USD 84 | ₹8,011.
Also check: Cost of living in the USA for international students
According to the University of Chicago's official 2026–27 Cost of Attendance, undergraduate students should budget around USD 100,407–103,821 (₹95.76–99.02 lakh) per year.
| Particulars | Cost of On-Campus | Cost of Off-Campus |
|---|---|---|
| Tuition | $75,960 | ₹72.46 lakh | $75,960 | ₹72.46 lakh |
| Student Services Fee | $1,677 | ₹1.60 lakh | $1,677 | ₹1.60 lakh |
| UPASS Fee | $318 | ₹30,331 | $318 | ₹30,331 |
| Food & Housing (or Maintenance Allowance) | $21,414 | ₹20.42 lakh | $18,000 | ₹17.17 lakh |
| Books & Course Materials | $1,800 | ₹1.72 lakh | $1,800 | ₹1.72 lakh |
| Misc. Personal Expenses | $1,950 | ₹1.86 lakh | $1,950 | ₹1.86 lakh |
| Travel Allowance | $702 | ₹66,957 | $702 | ₹66,957 |
| Total | $103,821 | ₹99.02 lakh | $100,407 | ₹95.76 lakh |
Take a look at the U.S. student visa requirements for Indian students.
The University of Chicago allows students to pay tuition and other university charges through the myUChicago student portal. Bills are issued electronically by the Office of the Bursar, and students can use a variety of payment methods depending on their location and banking arrangements.
Payment options available to Indian students include:
Important: Indian students should initiate international payments well before the university's payment deadline, as overseas bank transfers may require additional processing time.
At the University of Chicago, international students are mainly considered for:
| Scholarship Name | Eligibility | Award Amount (USD) |
|---|---|---|
| Merit Scholarships | Undergraduate (first-year applicants only; transfer students not eligible) |
Variable Awarded based on outstanding academic and extracurricular achievement, leadership, and community commitment. Guaranteed for 4 years, subject to good academic standing. No fixed published amount. |
| Need-Based Financial Aid (Grants and Scholarships for International Students) | Undergraduate (first-year international applicants only; international transfer students are not eligible) |
Variable Determined during the admissions process based on demonstrated financial need. Intended to cover tuition and fees as much as possible. Must apply for need-based aid during the admissions process; cannot apply in later years if not applied initially. |
| International Student Stipend | Undergraduate (international students receiving need-based financial aid) |
Variable Included as part of the international student financial aid package. Covers billed charges above tuition and fees, such as food, housing, and travel. Paid directly to the student. |
| Odyssey Scholarship |
Undergraduate |
Variable Covers demonstrated financial need; includes additional funding for study abroad, health insurance (U-SHIP), and a funded summer internship or research opportunity after the first year. No student loans are included in the financial aid package. |
Important Note: The University of Chicago does not publish fixed dollar amounts for any of the above scholarships on its official Financial Aid pages. All awards are need-based or merit-based and are determined individually during the admissions process.
Check out: External scholarships available for international students to study in the USA
The University of Chicago has a high overall cost structure across programs. Undergraduate annual expenses are about USD 100,407–103,821 (₹95.76–99.02 lakh), with tuition at USD 75,960 (₹72.46 lakh). Graduate costs vary by program, from roughly USD 7,415 per 100-unit course (₹7.07 lakh) for MS Financial Mathematics to about USD 89,976 (₹85.8 lakh) for the MBA, while the total graduate cost of attendance is around USD 37,506–48,293 per academic period (₹35.7–46 lakh), depending on enrollment load. Additional mandatory charges like the USD 84 (₹8,011) transcript fee also apply. Total yearly costs generally fall in the range of approximately ₹95 lakh to over ₹1 crore, depending on program and living arrangement.
| Program | Important Dates | Fees | Application Fees | Eligibility | Financial Aid |
|---|---|---|---|---|---|
MS Financial Mathematics 15 months | USD 126,557 /Yr | 90 | IELTS- 7, TOEFL- 5 | ||
MS Computer Science 9 months | Round 3 Application Deadline For 2026 Intake (1st Jul 2026) Round 1 Application Deadline For 2026 Intake (3rd Dec 2026) | USD 109,972 /Yr | 90 | IELTS- 7.0, TOEFL- 5.0 | |
MBA 21 months | USD 127,803 /Yr | 250 | TOEFL- 5.0, IELTS- 7.0, Duolingo-135 | ||
M.B.A Finance 21 months | USD 129,403 /Yr | 250 | GPA: 3.5, IELTS: 7.0, TOFEL: 5.0, PTE: 70, Duolingo: 135 | ||
Ph.D Economics 4 years | Application Deadline For Fall 2027 Intake (15th Dec 2026) | USD 117,917 /Yr | 80 | GPA: 3.8, IELTS: 7.0, TOFEL: 5 | |
B.S Computer Science 4 years | Early Action And Early Decision 1 Deadline For Fall 2027 Intake (3rd Nov 2026) Early Decision 2 And Regular Decision Deadline For Fall 2027 Intake (5th Jan 2027) | USD 98,301 /Yr | 90 | GPA: 3.0, IELTS: 7.0, TOFEL: 5.0 | |
M.B.A International Business 21 months | USD 129,403 /Yr | 250 | GPA: 3.5, IELTS: 7.0, TOFEL: 5.0, PTE: 70, Duolingo: 135 | ||
B.A Economics 4 years | Early Action And Early Decision 1 Deadline For Fall 2027 Intake (3rd Nov 2026) Early Decision 2 And Regular Decision Deadline For Fall 2027 Intake (5th Jan 2027) | USD 98,301 /Yr | 90 | GPA: 3.0, IELTS: 7.0, TOFEL: 5.0 | |
| USD 72,000 /Yr | - | - | - | ||
M.B.A Marketing Management 21 months | USD 129,403 /Yr | 250 | GPA: 3.5, IELTS: 7.0, TOFEL: 5.0, PTE: 70, Duolingo: 135 |
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Since its founding, the Department of Psychology of UChicago has been renowned for scientific research and scholarship that cuts across traditional disciplinary boundaries. UChicago’s unique approach fosters integrative thinking that crosses disciplinary boundaries, and focuses on research questions that have both theoretical and practical significance. Faculty, students, and post docs collaborate on projects spanning a variety of domains.
UChicago is ranked #9th for Psychology programs according to the World University Ranking
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