<p>Hi, I'm a senior in HS, trying to decide where to go...
I got my acceptance to Chicago about a week and a half ago (happy & surprised!) - but I was VERY disappointed with my aid package.</p>
<p>Basically, it's way too expensive -- nowhere NEAR what we can afford!! If you look at my father's monthly salary, just taking out what they've asked my parents to pay (not including student contributions and federal loans) would be impossible. We absolutely cannot spend that much money per month (and that's looking at it in 12 months, not the 9 or 10 school months).</p>
<p>I didn't get offered any merit money - but that wasn't surprising to me - I wasn't even sure if I'd get in!</p>
<p>What they offered me:</p>
<p>around 12,000 in grant money
around 5000 in federal loans
around 5000 in student contributions
** and around 24,000 in parent contribution</p>
<p>2 important things for us is 1) Our household income comes from my dad, who doesn't make very much - he's an engineer at this large BUT dying goverment power plant type place (not sure what you call it) -- it's predicted to lay off 2000 people in the next year. My dad is afraid he'll lose his job because... 2) My dad is old - when I graduate from undergrad, he'll be almost 70!! What's really important to him right now (along with my eduction) is funding for retirement for him and my mom. He can afford for me to go to a state public school (my options - GA Tech or UGA) -- but with what Chicago's offered me, we can't make it. At most, my dad says he can contribute 10,000 a year for my education.</p>
<p>Is it common/uncommon to actually ask for more grant money and aid ......... and GET it? I really don't want to take out loans. (Is it true that Princeton has it now that they'll offer you so much aid that you won't have to take out loans? Not that I got in or anything, but from what I understand. financial reform is starting to take over the Ivies... starting with Princeton, Harvard -- and students at Yale protested earlier this year about it.)</p>
<p>Is it worth it for me to take out loans? Is Chicago a place where I can go, major in anything, come out with a great job at some firm, pay off my loans in a few years, and then go back to graduate school? Or should I just save the money and go to a state school and go to a good grad school?</p>
<p>THANK YOU for any replies -- any help I get is <em>much appreciated</em> :)</p>