<p>Hello All,</p>
<p>Good evening. We live in suburbs of Chicago, IL and my son is very much interested medicine and he has been accepted into many colleges. But, we have been debating on the following. Please help us with your input.</p>
<li>Cornell - Ithaca, NY</li>
<li>WashU - St. Louis, MO</li>
<li>Northwestern, Evanston, IL</li>
</ol>
<p>Cornell has offered him a grant of $ 4, 578 + Alternative loan estimate-4 (I a not sure how this loan work???) of $ 7, 400 and Employment yearning; Acad Yr-4: $ 1800. (Total of $13, 778) leaving parents’ contribution of about $30, 600 and Student Contribution of $2250 (total – $ 32, 850)</p>
<p>Whereas WashU has offered him Eliot Scholarship of $10,000, Fed work-study/campus job - $2000, Fed Perkins loan (Not sure how it works??) $2000 and Stafford loan, subsidized - $3,500 - leaving parents’ contribution of about $35,000</p>
<p>And Northwestern University has offered about $11,000 scholarship, leaving parent’s contribution of $40,000.</p>
<p>All these schools seem to be around same ranking nation wide. We have been debating on this for a while and would like to ask our friends to throw some light so that it would help us to decide.</p>
<p>Thanks
IL Dad</p>