Tuition and Fees

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SAIC is closely monitoring the COVID-19 outbreak. The best way to contact Student Financial Services is via email: saic.sfs@saic.edu . Visit saic.edu/alerts for the latest information. We appreciate your patience.

The cost of an education at the School of the Art Institute of Chicago includes more than just tuition. There are housing costs (if you live on campus in the Resident Halls), various fees including SAIC Health Insurance, Technology and U-Pass fees. You can get the complete financial picture on this website.

Tuition and fees are charged to the student's account based on the number of actual enrolled credit hours and are charged by the semester. Charges begin being placed on a student's account according to the following calendar if the student is enrolled. Once charged, the details can be seen in Self-Service and students can request their own statement of account 24/7. Students may not register for the next semester if there is a past due balance on their student account.

 

Higher Education Emergency Relief Fund Reporting – Emergency Financial Aid Grants to Students – Public Announcement

SAIC signed and returned the Certification and Agreement to the Department of Education for the Higher Education Emergency Relief Fund ("HEERF") emergency financial aid grants. 

On July 7, 2020, SAIC received notification from the Department of Education that its application for $1,083,887 in emergency financial aid grants to students was approved for funding under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). As of June 30, 2021, the School has distributed a total of $1,083,887 in CARES Act emergency grants to students, or 827 students have received CARES Act emergency grants. SAIC estimated that approximately 1,900 students were eligible to participate in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act. Students were provided the following instructions and guidance concerning CARES Act funding.

On July 17, 2020, SAIC requested that all eligible students complete an online application by August 7, 2020 in order to receive a CARES grant in the amount of $300. Funding decisions prioritized students with the greatest need. Distributions were processed soon after applications were received. Once the application deadline passed, a second round of funding prioritized students with the greatest need. Those students who received the initial $300 remained eligible for additional funding, contingent on their level of need. The entire grant was distributed to eligible applicants in the second round of funding.
 
On January 19, 2021, SAIC received notification from the Department of Education regarding additional funding of $1,083,887 for emergency financial aid grants to students under the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA), also referred to as HEERF II and CARES II. SAIC estimates that approximately 3,500 students were eligible to receive Emergency Financial Aid Grants to students under the CRRSAA. Department of Education guidelines require that institutions prioritize students with exceptional need for this second round of funding. In May 2021, SAIC began disbursing $1,000 grants to currently enrolled eligible students prioritizing those with exceptional need based on Pell Grant status and Expected Family Contribution. As of June 30, 2021, the School has distributed a total of $943,500 in CRRSAA emergency grants to students, or 942 students have received CRRSAA emergency grants.  As of September 30, 2021, the School has distributed a total of $987,500 in CRRSAA emergency grants to students, or 986 students have received CRRSAA emergency grants. An additional 83 students have been awarded, but the School is awaiting confirmation of information from the students required for payment processing.
 
On May 20, 2021, SAIC received notification from the Department of Education regarding a third round of funding totaling $2,897,894 for emergency financial aid grants to students under the American Rescue Plan (ARP), also referred to as HEERF III and CARES III.  SAIC estimates that approximately 3,500 students may be eligible to receive Emergency Financial Aid Grants to students under the ARP. As of June 30, 2021, the School has not distributed any of this funding to students. On September 27, 2021, all currently enrolled FAFSA (application for Federal Student Aid) filers received this professional judgement notification.  The School plans to award all degree students enrolled for the Fall 2021 semester with grants ranging from $500 to $1,350, prioritizing higher amounts for those with the greatest need based on Expected Family Contribution. As of September 30, 2021, the School has distributed a $1,000 ARP emergency grant to 1 student. Distributions to remaining students will begin in October, and all students are expected to be awarded by November. 
 
Higher Education Emergency Relief Fund Reporting – Institutional Aid

On July 29, 2020, SAIC received notification from the Department of Education that its application for $1,083,887 in Institutional Aid was approved for funding under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). SAIC presents this quarterly (and final) report for the period ending September 30, 2020, which fulfills the disclosures required by the US Department of Education in connection with the receipt and disbursement of CARES Act Funding for Institutions. 

On January 19, 2021, SAIC received notification from the Department of Education regarding additional funding of $2,166,972 in Institutional Aid under the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA), also referred to as HEERF II and CARES II. SAIC presents this quarterly (and final) report for the period ending June 30, 2021.
 
On May 20, 2021, SAIC received notification from the Department of Education regarding a third round of Institutional Aid totaling $2,897,893 under the American Rescue Plan (ARP), also referred to as HEERF III and CARES III. As of June 30, 2021, the School has not drawn down any of these funds as presented in this quarterly report for the period ending June 30, 2021. As of September 30, 2021, the School has not drawn down any of these funds as presented in this quarterly report for the period ending September 30, 2021.

Quicklinks

Budget Worksheet Information Sessions
Financial Literacy with Financial Avenue
2021-22 Student Financial Services Checklist

 

Tuition/Fee Charges And Billing Cycle

Semester Estimated Date that Charges are Available Online (for Enrolled Students) Estimated First Bill Date (approx. third week of each month)
Summer Second Week of April Third week of April
Fall First Week of August Second week of August
Winter Second Week of November Third week of November
Spring Second Week of December Third week of December