The mission of The UNIVERSITY OF Chicago has been to sustain at the highest level of excellence, the communication of knowledge, the creation of knowledge and the fostering of a dynamic community of scholars and students.
$1.3bn annual program spend • 2018, the university enrolled 16,445 students, of that total, 6,286 were undergraduate students in the college (the university's undergraduate school), 4,021 were graduate students, 5,519 were students in the university's professional schools and 619 were non-degree students.
$774m annual program spend • ResearchUNIVERSITY OF Chicago faculty cross traditional disciplinary boundaries to transform understandings in business, economics, history, law, literature, religion, physics, chemistry and biology and medicine, among other fields. In pursuit of these research endeavors, during fiscal year 2017-2018 the university was awarded a total of $514 million in research funding from federal agencies, non-federal government entities, corporations, foundations and other sources. This fiscal year $348 million was expended from federal government sponsors of research, with the U.S. department of health and human services and the national science foundation providing the largest amounts of funding. Corporate research sponsorship awards totaled $83.2 million, followed by foundation research sponsorship of $51.4million. The university also conducts scientific research in collaboration with argonne national laboratory, owned by the united states government and operated by the university through a disregarded entity, under the terms of a cost reimbursement contract with the U.S. department of energy. Argonne is a multi-purpose science laboratory with a $771.2 million annual budget and approximately 3500 employees. Program service research expenditures were $423.6 million and are included in the research program service expense amount, as is required for a disregarded entity.in addition, fermi research alliance, , an entity jointly owned by the university and universities research association ., operates fermi national accelerator laboratory ("fermilab") for the U.S. department of energy. Fermilab is the nation's preeminent center for high-energy physics and an international center for scientific research in elementary particle physics and astrophysics. Fermilab has a $401 million annual budget and approximately 1800 employees.
$435m annual program spend • Scholarships & fellowshipsthe university is a need blind institution with an extensive financial aid program which is designed to enable the most qualified students to attend the university regardless of their financial circumstances. For the 2017-2018 academic year, approximately 60 % of all students in the college received financial aid in the form of grants and scholarships. University-wide expenditures for scholarships and fellowships amounted to $434.6 million. Of this amount, approximately $321.8 million was provided from unrestricted funds; the remaining $112.8 million came from restricted sources.approximately 20% of students in the college (the university's undergraduate college) currently receive odyssey scholarships. The odyssey scholarships provide increased access for low-income and moderate-income students by providing scholarship support for first generation students and students with family incomes typically below $90,000. The odyssey scholarship also provides funds for other educational opportunities like study abroad, and providing a paid internship after the student's first year in the college.in october 2014, the university launched the no barriers program to eliminate the student loan requirement from all undergraduate, need-based financial aid packages. The loans were replaced by the university with direct grants.the university expanded its graduate aid initiative, a program that invests approximately $310,000 in the education of each ph.d. student in the humanities, social sciences and divinity school. These programs are in addition to the university's longstanding commitment to financial assistance for students.