<p>Well, there are still pretty far apart.</p>
<p>Michigan 20 cost - 10 scholarship = 10
Chicago 43 cost - 10 scholarship = 33 </p>
<p>We'll have to wait and see what the need-based aid is. At least it the merit covers loans and work.</p>
<p>Thank you for all your kind words.</p>
<p>Got it. I forgot the whole in-state thing.</p>
<p>You didn't trip and fall, you just got a little cramp. You'll work through it. Let us know what happens.</p>
<p>Congratulations on some very nice results!</p>
<p>Bethievt, any idea where your son is headed? I know he has many great choices.</p>
<p>He wants to revisit Pomona, Reed, Macalester and Grinnell. He's already over-nighted at Carleton and Haverford. Those are his 6--can't go wrong with any, I'm thinking. He enjoyed the flash animation of Reed's acceptance video and the confetti in their acceptance packet--still littering our floor!</p>
<p>That will be a tough choice - good luck!</p>
<p>congrats on the wonderful choices your son earned, SB Dad. Glad he was selected for merit offers too....good for him. Be your most polite and straightforward self. Most likely, you will receive instant cooperation and good manners in return re the state school.</p>
<p>SB Dad, 43K sounds low for UChicago. I think the total is several thousand higher than that. Have you carefully checked the real numbers? Also, what if the needs-based aid comes in low? If you have retracted the acceptance to UMich, can your son still go there if you don't like the financial aid at UChicago?</p>
<p>Congratulations on the UChicago scholarship. My son was awarded the same one, but boy was he hoping for the full tuition!</p>
<p>$43K is maybe a little low for Chicago, but not much. Tuition this year was $33K, very few additional fees, and room/board about $11. With my daughter living off campus, $43 (before scholarships) was pretty much the exact number this year.</p>
<p>Ooops! Did I ever speak too fast. New tuition/room/board/fees = $47K.</p>
<p>SBDad</p>
<p>We were in your shoes this time last year! I called UM as soon as the decision was made, thanked them for their generous scholarship and explained that, although S had sent in his deposit, he had made the choice to attend elsewhere. They thanked me for letting them know, wished him well, and I think that they asked me to send something in writing. </p>
<p>We did not receive a refund.</p>
<p>~mafool</p>
<p>JHS, sorry. I was using the current year's numbers.</p>
<p>We would not ask to rescind our offer at Michigan until we saw the Chicago need-based package.</p>
<p>Wow, mafool, right on point! Where did your child end up attending, if I may ask?</p>
<p>Re Chicago: the total COA (cost of attendance) that Chicago provided with their financial aid to us last year (2006) was $48,955. That figure would have included a transportation allowance from Calif for us-- but books & incidentals would be the same for anyone.</p>
<p>Yup, I just got your preliminary aid decision, and the number they gave us for 2006-07 was $48,205 (we're in Michigan). They will probably be cresting the $50,000 hill this coming year - yikes!</p>
<p>SBDad-</p>
<p>He's happily burnt out at Duke at the moment! And, BTW, my nephew is a happy sophomore at U Chicago.</p>
<p>~mafool</p>
<p>p.s. feel free to pm if I can be of any help!</p>
<p>The total estimated COA that Chicago provided with their financial aid package to us this year was $52,000.</p>
<p>These numbers are...numbing. The 10K scholarship starts to look like a drop in the bucket to us full-pay families. (Son was admitted EA; the preliminary f.a. offer was for Zero, but now they are telling us to submit more stuff. Fat chance.)</p>
<p>Any wonder Vanderbilt is handing out full-tuition/fees plus stuff to students who might also apply to UChicago? They have my son's attention, to put it mildly. Has there been any talk of upping these merit awards at UChicago?</p>
<p>And yes, I know full well that UChicago is not the same kind of place as Vanderbilt. Nonetheless...</p>
<p>I am struggling with exactly the same problem. And I already have one kid at Chicago. The only difference is that I didn't realize my son should be feeling pressure to send a deposit to Michigan.</p>
<p>Seven years ago, my D didn't turn down Mich until April 30. We didn't worry about the Housing deposit because she was in Honors, and our understanding was that Honors housing was guaranteed. Don't know if that changed.</p>
<p>(BTW, turning down MIch was a huge mistake for her. In this case, she turned it down for a merit aid school--she didn't get merit at Mich or I'm sure she would've gone there--and the second school was much different, and she was miserable till she transfered elsewhere.)</p>