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SoFi’s Equity Unlocked Sweepstakes

Sweepstakes

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*NO PURCHASE OR QUALIFICATION FOR FINANCING NECESSARY. Open only to legal
residents of the 50 US/DC, 18+. Void where prohibited by law. Sweepstakes starts 6/19/25 at 12am
PT and ends at 11:59 pm PT on 8/7/25. See Official Rules for free method of entry, prize details,
limits, and odds. Sponsor: Social Finance LLC (“SoFi”) 234 First Street, San Francisco, CA 94105.

It’s easy to enter for a chance to win $50,000* in the Equity Unlocked Sweepstakes:

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  • View your rate between June 19-Aug. 7, 2025. Limit two entries per household.


View your rate

Checking won’t affect your credit score.

*NO PURCHASE OR QUALIFICATION FOR FINANCING NECESSARY. Open only to legal
residents of the 50 US/DC, 18+. Void where prohibited by law. Sweepstakes starts 6/19/25 at 12am
PT and ends at 11:59 pm PT on 8/7/25. See Official Rules for free method of entry, prize details,
limits, and odds. Sponsor: Social Finance LLC (“SoFi”) 234 First Street, San Francisco, CA 94105.

Why use a SoFi Home Equity Loan for a home renovation?

We offer flexible terms tailored to your budget.

A home equity loan may offer lower fixed rates than other loans—as low as 6.99% APR.1

Our home equity loans have a $0 origination fee option.2

You keep your current mortgage rate.

We’ve served over 130,000 homeowners.3


View your rate

Checking won’t affect your credit score.

*NO PURCHASE OR QUALIFICATION FOR FINANCING NECESSARY. Open only to legal
residents of the 50 US/DC, 18+. Void where prohibited by law. Sweepstakes starts 6/19/25 at 12am
PT and ends at 11:59 pm PT on 8/7/25. See Official Rules for free method of entry, prize details,
limits, and odds. Sponsor: Social Finance LLC (“SoFi”) 234 First Street, San Francisco, CA 94105.

Why use a SoFi Home Equity Loan for debt consolidation?

Access $50K-$350K (up to 85%) of your home equity.

You keep your current mortgage rate.

We offer flexible terms tailored to your budget.

You could save big with lower rates than credit cards and personal loans.

Simplify your finances by consolidating debt into a single low monthly payment.

$0 origination fee option.2


View your rate

Checking won’t affect your credit score.

*NO PURCHASE OR QUALIFICATION FOR FINANCING NECESSARY. Open only to legal
residents of the 50 US/DC, 18+. Void where prohibited by law. Sweepstakes starts 6/19/25 at 12am
PT and ends at 11:59 pm PT on 8/7/25. See Official Rules for free method of entry, prize details,
limits, and odds. Sponsor: Social Finance LLC (“SoFi”) 234 First Street, San Francisco, CA 94105.

One rate check. Infinite possibilities.

Your home’s equity is one of the hardest working tools you have in your tool belt to turn potential into real progress. Put it to work today—get started by viewing your rate, and you could win $50,000.*


View your rate

Checking won’t affect your credit score.

*NO PURCHASE OR QUALIFICATION FOR FINANCING NECESSARY. Open only to legal
residents of the 50 US/DC, 18+. Void where prohibited by law. Sweepstakes starts 6/19/25 at 12am
PT and ends at 11:59 pm PT on 8/7/25. See Official Rules for free method of entry, prize details,
limits, and odds. Sponsor: Social Finance LLC (“SoFi”) 234 First Street, San Francisco, CA 94105.

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University of Connecticut Tuition and Fees


University of Connecticut Tuition and Fees

University of Connecticut Tuition and Fees

On this page:

    By Susan Guillory

    (Last Updated – 06/2025)

    The University of Connecticut (UConn), located in Storrs, Connecticut, is a top-ranked public research university. It’s considered a “public Ivy,” which means it’s comparable to an Ivy League institution. UConn operates on a semester calendar and is known for its strong academic reputation, vibrant campus life, and commitment to research and innovation.

    In this guide, we’ll detail the university’s admission process, the UConn acceptance rate, tuition, financial aid, popular majors, and more.

    Total Cost of Attendance

    UConn tuition in 2024-25 is $21,044 for in-state students and $43,712 for out-of-state students. This is higher than the national average for public four-year schools of $11,260 for in-state students and $29,150 for out-of-state students.

    Costs for 2024-25


    Student Type

    In-State

    Out-of-State

    Tuition & Fees

    $21,044

    $43,712

    Books & Supplies

    $990

    $990

    Food & Housing

    $14,380

    $14,380

    Other Expenses

    $4,330

    $4,330

    Total Cost of Attendance

    $40,744

    $63,412

    Financial Aid

    At the University of Connecticut, 83% of students received financial aid in the 2022-23 academic year. UConn is need-blind, meaning that if you can’t afford to pay out of pocket for tuition, your application will still be considered.

    Generally, financial aid is monetary assistance awarded to students based on personal need or merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.

    The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:

    •  Scholarships: Scholarships can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, or financial need.

    •  Grants: Grants are generally based on financial need. These can come from federal, state, private, and nonprofit organizations.

    •  Work-study: Federal Work-Study provides qualifying students with part-time employment to earn money for expenses while in school.

    •  Federal student loans: Federal student loans are money borrowed directly from the U.S. Department of Education. They come with fixed interest rates that are typically lower than private loans.

    Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state and federal and school deadlines may differ.

    You can find other financial aid opportunities on databases such as:

    •  U.S. Department of Education – Search for grants from colleges and universities by state

    •  College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

    Recommended: The Differences Between Grants, Scholarships, and Loans

    Private Student Loans

    UConn tuition can be paid with either federal or private student loans. At UConn, 46% of students take out federal loans, while 9% take out private loans. The average amount of private student loans is $23,209.

    Private student loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -affiliated organizations. While federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations, so their qualifications and interest rates can vary widely.

    What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.

    Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for, as it generally may have better rates and terms.

    If you’ve missed the FAFSA deadline or you’re struggling to pay for school throughout the year, private loans can potentially help you make your payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.

    Recommended: Guide to Private Student Loans

    Projected 4-Year-Degree Price

    The UConn cost for four years, including tuition, fees, books, room and board, and other expenses, is $162,976 for in-state students and $253,648 for out-of-state students (based on 2024-25 numbers). You can compare this to the total cost for a public university in the U.S., which is $115,360 for four years.

    Here’s some Connecticut Student Loan & Scholarship Information.

    Repay student loans your way.

    Find the monthly
    payment & rate that fits your budget.

    Undergraduate Tuition and Fees

    Costs for 2024-25

    Student Type

    In-State

    Out-of-State

    Tuition & Fees

    $21,044

    $43,712

    Books & Supplies

    $990

    $990

    Total

    $22,034

    $44,702

    UConn tuition for students living in Connecticut is $21,044 in 2024-25. For students coming from other states, it is $43,712. Both have books and supplies fees of $990.

    Graduate Tuition and Fees

    Costs for 2024-25

    Student Type

    In-State

    Out-of-State

    Tuition

    $19,512

    $41,424

    Fees

    $3,360

    $3,360

    Total

    $22,872

    $44,784

    Students who extend their studies beyond undergraduate degrees will pay $22,872 (in-state) or $44,784 (out-state) in tuition and fees for graduate school. There are graduate loans available to help with these costs.

    Cost per Credit Hour

    The UConn tuition covered above is for full-time students. For those who attend college part-time, they’ll pay $709 (in-state) or $1,654 (out-of-state) per credit hour.

    Campus Housing Expenses

    Costs for 2024-25

    Student Type

    On-Campus

    Off-Campus

    Room & Board

    $14,380

    $850+/mo*

    Other Expenses

    $4,330

    $4,330

    *Starting rate for a studio based on available apartments on UConn’s off-campus housing website in 2025.

    Freshmen are required to live on campus at UConn. There are more than 100 residence halls in 18 campus areas on the Storrs campus.

    Near campus, there are many options for off-campus living, including houses, duplexes, and apartments. You can opt to live alone or with roommates. This resource can help you find off-campus living options.

    University of Connecticut Acceptance Rate

    Fall 2023

    Number of applications

    46,645

    Number accepted

    25,188

    Percentage Accepted

    54%

    The UConn acceptance rate of 54% means that more than half of the students who apply are accepted.

    Admission Requirements

    Here’s what’s required (and what’s recommended) when it comes to applying for admission at UConn.

    Required:

    •  Academic record

    •  Essay

    Recommended:

    •  ACT/SAT scores

    •  Letters of recommendation

    •  Work experience

    The deadline for Priority Admission is December 1, with a decision given starting in early March. The deadline for Regular Admission is January 15, with a decision given starting in early March. You can apply here .

    SAT and ACT Scores

    The University of Connecticut is not requiring test scores to be submitted through the fall 2026 admission cycle. However, submitting your scores is recommended. Here are the scores for the 25th and 75th percentile:

    Subject

    25th Percentile

    75th Percentile

    SAT Evidence-Based
    Reading/Writing

    610

    700

    SAT Math

    600

    720

    ACT Composite

    29

    33

    ACT English

    28

    35

    ACT Math

    26

    32

    Graduation Rate

    Here’s the graduation rate for students who commenced their studies at UConn in 2017:

    •  6 years: 84%

    •  4 years: 76%

    Post-Graduation Median Earnings

    Earnings for graduates of UConn are higher than the national average for graduates of public four-year institutions, which is $68,680. UConn students earn an average of $73,997 per year.

    Bottom Line

    The University of Connecticut offers an Ivy League-style education without the price tag. With top-notch staff and plenty of real-world learning opportunities, you’ll be well-prepared for your career upon graduating.

    If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.


    Cover up to 100% of school-certified costs including tuition, books, supplies, room and board, and transportation with a private student loan from SoFi.

    View your rate

    SoFi Private Student Loans
    Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
    Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).

    SoFi Loan Products
    SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.


    Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.


    Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.



    Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

    External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.


    SOISL-Q225-070

    Read more

    University of Cincinnati Tuition and Fees


    University of Cincinnati Tuition and Fees

    University of Cincinnati Tuition

    On this page:

      By Kelly Boyer Sagert

      (Last Updated – 06/2025)

      Located in Cincinnati, Ohio, the University of Cincinnati (UC) is a public research university known for its cooperative education program and diverse academic offerings across more than 300 majors. Founded in 1819, UC operates on a semester calendar and provides undergraduate, graduate, and professional degrees in fields such as engineering, business, health sciences, and the arts.

      In this guide, we’ll detail the university’s admission process, the UC acceptance rate, tuition, financial aid, popular majors, and more.

      Total Cost of Attendance

      In 2024-25, the University of Cincinnati tuition for Ohio residents was $13,976, and $29,310 for out-of-state students.

      Costs for 2024-25


      Student Type

      In-State

      Out-of-State

      Tuition & Fees

      $13,976

      $29,310

      Books & Supplies

      $1,300

      $1,300

      Food & Housing

      $13,564

      $13,564

      Other Expenses

      $6,924

      $6,924

      Total Cost of Attendance

      $35,764

      $51,098

      Financial Aid

      In 2022-23, 87% of students used financial aid to pay for University of Cincinnati tuition. This may come as scholarships, loans, grants, or a combination of these.

      Generally, financial aid is monetary assistance awarded to students based on personal need or merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.

      The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:

      •  Scholarships: Scholarships can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, or financial need.

      •  Grants: Grants are generally based on financial need. These can come from federal, state, private, and nonprofit organizations.

      •  Work-study: Federal Work-Study provides qualifying students with part-time employment to earn money for expenses while in school.

      •  Federal student loans: Federal student loans are money borrowed directly from the U.S. Department of Education. They come with fixed interest rates that are typically lower than private loans.

      Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA®) to determine financial aid eligibility. The FAFSA can be completed online, but note that state and federal and school deadlines may differ.

      You can find other financial aid opportunities on databases such as:

      •  U.S. Department of Education – Search for grants from colleges and universities by state

      •  College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

      Recommended: The Differences Between Grants, Scholarships, and Loans

      Private Student Loans

      Of the students who used student loans to help with the University of Cincinnati cost, 49% took out federal loans and 13% took out private student loans in the 2022-23 school year. The amount of private student loans averaged $17,916.

      Private student loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -affiliated organizations. While federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations, so their qualifications and interest rates can vary widely.

      What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.

      Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for, as it generally may have better rates and terms.

      If you’ve missed the FAFSA deadline or you’re struggling to pay for school throughout the year, private loans can potentially help you make your payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.

      Recommended: Guide to Private Student Loans

      Projected 4-Year-Degree Price

      The University of Cincinnati cost for four years, including tuition and fees, room and board, books, and other expenses, would be $143,056 for in-state students (based on 2024-25 numbers). This is higher than the average four-year cost of attendance at public universities in the U.S., which is $115,360.

      The University of Cincinnati costs for residents of other states for four years would be $204,392, which is slightly higher than the national average of $186,920.

      Here’s some Ohio Student Loan & Scholarships information.

      Repay student loans your way.

      Find the monthly
      payment & rate that fits your budget.

      Undergraduate Tuition and Fees

      Costs for 2024-25

      Student Type

      In-State

      Out-of-State

      Tuition & Fees

      $13,976

      $29,310

      Books & Supplies

      $1,300

      $1,300

      Total

      $15,276

      $30,610

      The University of Cincinnati costs for tuition and fees plus books and supplies is $15,276 for in-state students and $30,610 for out-of-state students.

      Graduate Tuition and Fees

      Costs for 2024-25

      Student Type

      In-State

      Out-of-State

      Tuition

      $13,224

      $24,996

      Fees

      $1,678

      $1,678

      Total Tuition & Fees

      $14,902

      $26,674

      The cost for University of Cincinnati tuition and fees for graduate students from Ohio was $14,902 in 2024-25. For students from other states, the cost was $26,674. In comparison, the average cost of a master’s degree at U.S. public universities is $37,610.

      There are many options for graduate loans that can help with these costs.

      Cost per Credit Hour

      Attending the University of Cincinnati (UC Uptown) part-time cost $582 per credit hour in 2024-25 for Ohio residents.

      Campus Housing Expenses

      On-campus room and board was $13,564 in 2024-25; off-campus housing was $17,526. Other living expenses were $6,924 for on-campus students and $8,430 for off-campus students.

      First-year students at UC are required to live on campus (unless they are married or live with their parents within 50 miles of campus). The University of Cincinnati offers residence halls and apartment-style housing on campus. There are also Living-Learning Communities and themed floors for students whose interests are similar.

      For off-campus living, there are many apartments and rentals to live off-campus within walking distance. You can explore the options for off campus housing .

      University of Cincinnati Acceptance Rate

      Fall 2023

      Number of Applications

      Number Accepted

      Percentage Accepted

      33,165

      29,185

      88%

      The University of Cincinnati acceptance rate is 88%. In 2023, 29,185 students were accepted, making the University of Cincinnati acceptance rate high.

      Admission Requirements

      To be accepted at UC, there are certain requirements students must provide with their application. Other things, such as test scores, are recommended.

      Required:

      •  High school transcript

      •  GPA

      •  Personal statement or essay

      Recommended:

      •  SAT or ACT scores

      •  Work experience

      •  Letters of recommendation

      The deadline to submit an application for fall enrollment is March 1.

      SAT and ACT Scores

      While test scores are optional at the University of Cincinnati, here are the standardized test scores at the 25th and 75th percentile at UC.

      Subject

      25th Percentile

      75th Percentile

      SAT Evidence-Based
      Reading/Writing

      580

      670

      SAT Math

      570

      690

      ACT Composite

      24

      29

      ACT English

      22

      30

      ACT Math

      23

      29

      Graduation Rate

      Here are the graduation rates at the University of Cincinnati for those who began in fall 2017.

      •  4 years: 39%

      •  6 years: 71%

      Post-Graduation Median Earnings

      After completing an undergraduate degree at UC, you can expect to earn on average $54,810 per year, which is lower than the national average of $68,680 for graduates of four-year programs.

      Bottom Line

      If you’re looking for a university that gets you out of the classroom and into real-life learning experiences, the University of Cincinnati delivers. UC’s affordable tuition and high acceptance rate provide you with a good chance to get in without busting your budget.

      If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.


      Cover up to 100% of school-certified costs including tuition, books, supplies, room and board, and transportation with a private student loan from SoFi.

      View your rate

      SoFi Private Student Loans
      Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
      Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).

      SoFi Loan Products
      SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.


      Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.


      Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.



      Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

      External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.


      SOISL-Q225-069

      Read more

      University of Chicago Tuition and Fees


      University of Chicago Tuition and Fees

      University of Chicago Tuition and Fees

      On this page:

        By Kelly Boyer Sagert

        (Last Updated – 06/2025)

        The University of Chicago (UChicago) is a private research university that’s considered one of the best in the country. Ranked #11 in national universities (in a tie with Cornell University) by U.S. News & World Report, the university is affiliated with 101 Nobel Prize winners and 27 Pulitzer Prize winners. It has highly regarded schools in law, medicine, and public policy, among others.

        In this guide, we’ll detail the university’s admission process, the UChicago acceptance rate, tuition, financial aid, popular majors, and more.

        Total Cost of Attendance

        University of Chicago is a private school, so the cost of attendance will be the same for both in-state and out-of-state students.

        In 2024-25, costs at the University of Chicago were:

        Tuition & Fees

        $70,662

        Books & Supplies

        $1,800

        Food & Housing

        $20,109

        Other Expenses

        $2,400

        Total Cost of Attendance

        $94,971

        Financial Aid

        The admissions process at UChicago is “need-blind,” which means the school admits students without consideration of financial resources through a student-first admissions process. Plus, those who apply for financial aid do not need to pay an application fee. These policies can help aspiring students from lower- to middle-income families who otherwise wouldn’t have the financial resources to attend.

        In 2022-23, 53% of students received some kind of financial aid, including student loans. More specifically:

        •  Grant or scholarship aid: 46% received this kind of aid with the average award being $58,877.

        •  Federal grants: 17% received this kind of aid with an average award of $9,481.

        •  Pell grants: 17% received this kind of aid with the average award being $5,600.

        •  Other federal grants: 17% received this kind of aid with an average award of $3,990.

        •  State/local: 3% received this kind of aid and the average award was $7,200.

        •  Institutional: 45% received this kind of aid with the average award being $55,101.

        •  Student loan aid: 7% received this kind of aid with an average award of $13,890.

        •  Federal student loans: 6% received this kind of aid and the average award was $5,213.

        •  Other student loans: 1% received this kind of aid with the average award being $43,247.

        Generally, financial aid is monetary assistance awarded to students based on personal need or merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.

        The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:

        •  Scholarships: Scholarships can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, or financial need.

        •  Grants: Grants are generally based on financial need. These can come from federal, state, private, or nonprofit organizations.

        •  Work-study: Federal Work-Study provides qualifying students with part-time employment to earn money for expenses while in school.

        •  Federal student loans: Federal student loans are money borrowed directly from the U.S. Department of Education. They come with fixed interest rates that are typically lower than private loans.

        Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA®) to determine financial aid eligibility. The FAFSA can be completed online, but note that state, federal, and school deadlines may differ.

        You can find other financial aid opportunities on databases such as:

        •  U.S. Department of Education – Search for grants from colleges and universities by state

        •  College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

        Recommended: The Differences Between Grants, Scholarships, and Loans

        Private Student Loans

        In 2022-23, 1% of UChicago students received private student loan funding with an average award of $43,247.

        Private student loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -affiliated organizations. While federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations, so their qualifications and interest rates can vary widely.

        What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans, which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.

        Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for, since it generally has better rates and terms.

        If you’ve missed the FAFSA deadline or you’re struggling to pay for school during the year, private loans can potentially help you make your tuition payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.

        Recommended: Guide to Private Student Loans

        Projected 4-Year-Degree Price

        Over four years, a degree at UChicago will cost (based on 2024-25 numbers) approximately $379,884. This is higher than the average four-year cost of attendance at private universities in the U.S., which is $241,680.

        Here’s some Illinois Student Loan & Scholarship Information.

        Repay student loans your way.

        Find the monthly
        payment & rate that fits your budget.

        Undergraduate Tuition and Fees

        UChicago undergraduate tuition and fees for 2024-25 were $70,662, with books and supplies being $1,800.

        Total costs were as follows:

        Expenses

        Tuition & Fees

        $70,662

        Books & Supplies

        $1,800

        Total

        $72,462

        Graduate Tuition and Fees

        Graduation tuition at the university in 2024-25 was $67,200, with fees of $1,452, for a total of $68,652 per year. This is significantly higher than the average cost of graduate school in the United States, which is $21,730 per year.

        Graduate loans can help with this cost.

        Campus Housing Expenses

        All entering first-year students are required to live in on-campus housing for their first two academic years. Transfer students are required to live in on-campus housing for their first academic year at the school.

        In 2024-25, room and board at the University of Chicago was $20,109, a 4.6% increase from the previous year.

        University of Chicago Acceptance Rate

        In fall 2023, 38,631 people applied to the university. The UChicago acceptance rate was 5%, making the school challenging to get into.

        Admission Requirements

        As part of the application process, students need to submit:

        •   Application for admission and supplemental essays

        •   Secondary school report and transcript

        •   Two teacher evaluations

        •   Mid-year report

        •   SAT/ACT scores (optional)

        •   Video profile (optional but recommended)

        •   Supplemental materials (optional)

        Application Deadlines

        •   Early Action/Early Decision I: November 1

        •   Early Decision II/Regular Decision: January 6

        •   Admission Decision Release Date: Mid-December (Early Action/Early Decision I); mid-February (Early Decision II); late March (Regular Decision)

        SAT and ACT Scores

        The University of Chicago is a test optional school. In fall 2023, 46% of applicants submitted SAT scores and 30% submitted ACT scores. The 25th and 75th percentile scores were:

        Subject

        25th Percentile

        75th Percentile

        SAT Evidence-Based
        Reading/Writing

        740

        770

        SAT Math

        770

        800

        ACT Composite

        34

        35

        ACT English

        34

        36

        ACT Math

        32

        35

        UChicago Graduation Rate

        Graduation rates at UChicago are high. These are the rates for students who started their studies in fall 2017:

        •  4 years: 86%

        •  6 years: 95%

        Post-Graduation Median Earnings

        The median annual income for University of Chicago graduates is $91,885. That’s significantly higher than the median income for all graduates of four-year institutions in the U.S., which is $68,680.

        Bottom Line

        The University of Chicago is one of the best schools in the nation with top-rated academic programs. Although the tuition is higher than average, the admissions process is need-blind, and the university is generous with institutional grants and scholarships. The toughest part is getting in: The university’s acceptance rate is just 5%.

        If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.

        Cover up to 100% of school-certified costs including tuition, books, supplies, room and board, and transportation with a private student loan from SoFi.

        View your rate

        SoFi Private Student Loans
        Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
        Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).

        SoFi Loan Products
        SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.


        Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.


        Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.



        Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

        External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.



        SOISL-Q225-068

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        University of California, Berkeley – Tuition and Fees


        University of California, Berkeley – Tuition and Fees

        University of California, Berkeley - Tuition and Fees

        On this page:

          By Susan Guillory

          (Last Updated – 06/2025)

          Located in Berkeley, California, the University of California, Berkeley (UC Berkeley) is a public research university and flagship campus of the University of California system. UC Berkeley offers undergraduate, graduate, and professional degrees and operates on a semester calendar. This guide will provide detailed information on UC Berkeley tuition and fees, financial aid opportunities, acceptance rates, admission requirements, and more.

          Total Cost of Attendance

          UC Berkeley tuition for the 2024-25 school year was $16,347 for in-state students and $50,547 for out-of-state students. This is higher than the national average public college tuition of $11,260 for in-state students and $29,150 for out-of-state students.

          Estimated Costs for 2024-25

          Expenses

          In-State

          Out-of-State

          Tuition & Fees

          $16,347

          $50,547

          Books & Supplies

          $1,131

          $1,131

          Living Expenses (On Campus)

          $23,750

          $23,750

          Other Expenses (On Campus)

          $7,031

          $7,031

          Total Cost of Attendance

          $48,259

          $82,459

          Financial Aid

          More than half of the students (61%) have some sort of financial aid to help cover UC Berkeley tuition. That includes scholarships, grants, and loans.

          Generally, financial aid is monetary assistance awarded to students based on personal need or merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.

          The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:

          •  Scholarships: Scholarships can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, or financial need.

          •  Grants: Grants are generally based on financial need. These can come from federal, state, private, or nonprofit organizations.

          •  Work-study: Federal Work-Study provides qualifying students with part-time employment to earn money for expenses while in school.

          •  Federal student loans: Federal student loans are money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.

          Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA®) to determine financial aid eligibility. The FAFSA can be completed online, but note that state, federal, and school deadlines may differ.

          You can find other financial aid opportunities on databases such as:

          •  U.S. Department of Education – Search for grants from colleges and universities by state

          •  College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

          Recommended: The Differences Between Grants, Scholarships, and Loans

          Private Student Loans

          When it comes to student loans, there are both federal and private student loans available. At Berkeley, 20% of students take out federal student loans and 7% take out private loans. The average private student loan per year is $6,790.

          Private student loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -affiliated organizations. While federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations, so their qualifications and interest rates can vary widely.

          What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans, which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.

          Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for, since it generally has better rates and terms.

          If you’ve missed the FAFSA deadline or you’re struggling to pay for school during the year, private loans can potentially help you make your tuition payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.

          Recommended: Guide to Private Student Loans

          Projected 4-Year-Degree Price

          Over four years, a degree at Berkeley will cost (based on 2024-25 numbers) approximately $193,036 for in-state students. This is higher than the average four-year program at public universities in the U.S. of $115,360.

          Recommended: California Student Loan & Scholarship Information

          Repay student loans your way.

          Find the monthly
          payment & rate that fits your budget.

          Undergraduate Tuition and Fees

          Estimated Costs for 2024-25

          UC Berkeley undergraduate tuition and fees for 2024-25 are $16,347 for in-state students and $50,547 for out-of-state students, with living expenses being $23,750.

          Graduate Tuition and Fees

          Estimated Costs for 2024-25

          Expenses

          In-State

          Out-of-State

          Tuition

          $12,762

          $27,864

          Fees

          $3,104

          $3,104

          Total

          $15,866

          $30,968

          Berkeley offers several highly respected graduate programs. For 2024-25, graduate tuition (including fees) is $15,866 for in-state students and $30,968 for out-of-state students. There are graduate loans available to help with these costs.

          Campus Housing Expenses

          Estimated Costs for 2025-26

          In addition to UC Berkeley tuition, students must pay for housing, either on campus or off. While freshmen aren’t required to live on campus, 96% of first-year students choose to, enjoying amenities in one of the eight residence halls.

          The estimated cost of room and board if you live in an on-campus residence hall ranges from $11,780 to $18,710 for the 2025-26 school year.

          Those opting to live off-campus have plenty of options, and Berkeley offers many resources to help you find the right apartment, duplex, or house for your needs. This guide can help with off-campus living.

          UC Berkeley Acceptance Rate

          Fall 2024

          Number of applications

          124,242

          Number accepted

          13,701

          Percentage Accepted

          11%

          At just 11%, the Berkeley acceptance rate is low, making the university quite competitive.

          Admission Requirements

          Berkeley has high standards for admissions. Here are the things that are required or recommended with your application.

          Required:

          •  Meet the A-G subject course requirements (find out more here )

          •  Have a 3.0 GPA in A-G courses taken in the 10th and 11th grade years (3.4 GPA for non-residents)

          Recommended:

          •  Letters of recommendation

          Profile of a First-Year Student in 2024:

          •  Unweighted GPA: 3.89-4.00

          •  Weighted GPA: 4.31-4.65

          Important Dates:

          •  Application available: August 1

          •  Application deadline: December 2

          •  Financial aid (FAFSA or CA Dream Act) applications open: December 1

          •  FAFSA and CA Dream Act deadline: April 2

          •  First-year decisions posted: End of March

          •  First-year deadline to accept offer of admission: May 1

          Note: UC Berkeley does not offer early admission or early decision.

          SAT and ACT Scores

          UC Berkeley is test-free, meaning you are not required to submit SAT or ACT scores with your application. If you choose to submit them, your scores may be used for placement or credit purposes.

          Since the university is test-free, they no longer report test score percentiles.

          Graduation Rate

          Students who started their studies at Berkeley in 2017 had the following rate of graduation:

          •  4 years: 81%

          •  6 years: 93%

          Post-Graduation Median Earnings

          Berkeley graduates go on to do great things, and get paid well to do them! The median annual salary of graduates is $92,446, whereas the median for all college graduates in the U.S. is $68,680.

          Bottom Line

          Berkeley is an affordable and excellent option for students who live in California. For those who don’t, the price tag can be steep. However, the university notes that roughly two-thirds of students receive some form of financial aid, and that a full 38% of students pay nothing out of pocket for tuition due to grants and scholarships. Graduates also typically earn a significantly higher salary than the average.

          SoFi private student loans offer competitive interest rates for qualifying borrowers, flexible repayment plans, and no origination fees.

          View Your Rate


          SoFi Private Student Loans
          Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
          Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).

          SoFi Loan Products
          SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.


          Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.


          Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.



          Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

          External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.

          SOISL-Q225-064

          Read more
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