Concordia University-Chicago reported a 1.9% tuition increase for the 2022-23 academic year, based on the most recent figures, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the four-year private, not-for-profit university paid $34,964 this year, which is $654 higher than the $34,310 tuition charged during the 2021-22 academic year.
Approximately 62% of the undergraduate student body are residents of Illinois, while the remaining 38% come from other states.
Data indicates that all full-time undergraduates who began their studies at Concordia University-Chicago in 2022-23 received some form of financial aid. A total of 267 students were awarded grants or scholarships amounting to $7.1 million, and 180 students secured student loans exceeding $1.2 million.
Across the entire undergraduate population, 1,093 students benefited from grants or scholarships totaling $24.6 million. Additionally, 778 students obtained federal student loans amounting to $5 million.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
The following data includes only full-time students who began an undergraduate program at the Concordia University-Chicago in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 152 | 57% | $933,568 | $6,142 |
| State / local grant or scholarship | 105 | 39% | $708,000 | $6,743 |
| Institutional grants or scholarships | 267 | 100% | $5.5 million | $20,532 |
| Grant or scholarship aid total | 267 | 100% | $7.1 million | $26,680 |
| Federal student loans | 180 | 67% | $913,111 | $5,073 |
| Other student loans | 25 | 9% | $304,872 | $12,195 |
| Student loan aid | 180 | 67% | $1.2 million | $6,767 |
| Total student aid | 267 | 100% | $8.3 million | $31,241 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
