On average, colleges raise tuition about 3% each year.
Remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students pay much less than the total tuition after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make the amount you do have to pay out of pocket more manageable until you've finishing school and found a job.
DeVry University-Chicago Campus meets 48.3% of the demonstrated financial need for undergraduates. First-year students that attend DeVry University-Chicago Campus full-time are awarded $16,818 a year in financial aid, on average.
Students in the class of 2023 who had taken out student loans graduated with an average of $49,157 of debt.
DeVry University-Chicago Campus is a private institution, which means it has the same tuition for residents of Illinois as it does for students who live in other states.
Public colleges and universities receive funding from the state government. Public insitutions often offer reduced tuition for those who qualify as Illinois residents.
Choosing a college where you qualify for in-state status can cut the cost of college tuition. Be sure to verify your state's criteria for in-state residency. Every state has its own rules about what makes someone eligible for in-state tuition. The most common requirement is that students must have lived in the state for a full year before starting school. There may be other criteria as well, depending on the state you and your parents currently reside in.
Explore other Illinois colleges
Tuition at DeVry University-Chicago Campus is the same for all students.
Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but may be eligible for private or school-specific aid and scholarships.
Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at DeVry University-Chicago Campus.
DeVry University-Chicago Campus does not provide on-campus housing for students, so there is no cost for housing, however you should take into account the cost of off-campus housing when evaluating the cost of different colleges.
Board costs vary based on on how many meals are included in the plan you choose.
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real cost of books depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy used textbooks and materials.
Most schools also have fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.
Keep in mind, there could also be other costs associated with participating in special activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Many schools have resources for students with financial need to get help covering these fees.
The total cost of transportation in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus easy to get around on foot? Do you own a car, or are you planning to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your transportation budget.
Where are a college is located can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in a city is usually pricey, but there may be more buses, trains or affordable flights to actually get to school. The DeVry University-Chicago Campus campus is in a city in Illinois.
When creating a budget for college, be sure to take into account the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s do a rundown of all of the costs associated with college, to get a better idea of what is really costs to go to DeVry University-Chicago Campus.
What will the cost of attending DeVry University-Chicago Campus be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
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The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Tuition and fees may vary depending on program, course level, location, and more.
The majority of DeVry University-Chicago Campus undergrads use financial aid to finance their education. In 2023, 461 of the 246 undergrads enrolled received financial aid. DeVry University-Chicago Campus meets 48.3% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $16,818 a year. Around 92% of DeVry University-Chicago Campus undergrads take out student loans to cover any remaining costs. DeVry University-Chicago Campus graduates who have student loans graduate with an average of $49,157 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
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Federal Loans | $29,214 |
Private Loans | $0 |
Most Common Loans for DeVry University-Chicago Campus Students | |
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Federal Loans | 92% |
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on DeVry University-Chicago Campus financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2023, DeVry University-Chicago Campus awarded 386 need-based scholarships to students, giving away total of $9.6 million to help students with financial need cover the cost of school. An additional $170,000 in merit-based scholarship money was awarded to students without demonstrated financial need.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for DeVry University-Chicago Campus students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at DeVry University-Chicago Campus was $16,818 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of DeVry University-Chicago Campus seem more manageable.
What will attending DeVry University-Chicago Campus really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the DeVry University-Chicago Campus's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.
Check the financial aid website for more information on payment plans and tuition waivers.
An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.
For more information about DeVry University-Chicago Campus's endowment, check with the school directly.
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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