Hey peeps, I've been looking into University of Illinois at Urbana Champaign but the tuition is freaking me out a bit. Can anyone clarify if there are options for financial aid or scholarships to help offset the cost?
Sure, it's understandable that the cost of college can be overwhelming. For the 2024-2025 academic year, the estimated tuition and fees at UIUC for an in-state undergraduate student totals around $17,640 per year, and for out-of-state students, it's approximately $36,760. Room and board are estimated at nearly $14,500, and books and supplies cost about $1,200.
The good news is that the University of Illinois at Urbana Champaign offers numerous forms of financial aid and scholarships. The university provides several scholarships based on merit and financial need. Merit-based scholarships are usually awarded based on academic, leadership, or other personal achievements while need-based scholarships take into account a student's financial situation. A significant number of departmental scholarships are also available for students who select certain majors or meet specific criteria within a department.
Additionally, like many public schools, UIUC also participates in federal student aid programs. This aid comes in the form of grants, work-study, and federal student loans. To be considered for these types of aid, you'll need to complete the Free Application for Federal Student Aid (FAFSA).
Furthermore, if you're an Illinois resident, you might be eligible for the Illinois Commitment program, which covers tuition and fees for in-state students from families earning less than $67,100 per year.
Remember to utilize the Net Price Calculator on UIUC's website (https://secure.osfa.illinois.edu/NPC/NPC.asp) to get a more personalized estimate of what you'll need to pay. This online tool takes into account your family's financial status and computes an estimated amount of grants, loans, and work-study you might be entitled to.
So yes, there are definitely options to help offset the cost at UIUC. I hope this gives you a good starting point to explore these options. Best of luck with the process!
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