The University of Chicago has unveiled a new financial aid program for students from schools in the city that will eliminate student loans from their financial aid packages. The UChicago Promise also eliminates university application fees for students who attend high schools in the city of Chicago.
In addition, the university will establish a new Admissions Academy that will help high school students, their families, and school guidance counselors navigate the admissions and financial aid processes. A new website has been set up that includes all details of UChicago Promise programs.
There are 106 public high schools in the city of Chicago, enrolling more than 113,000 students. Blacks and Hispanics make up more than 85 percent of all students in the Chicago public schools.