<p>Anyone else with me on this one? Even with a University Scholarship, they still expect me o pay 53 K/year?!?!</p>
<p>im paying 59,000 a year if i go…that is RIDICULOUS</p>
<p>At least someone agrees.</p>
<p>Yes it is painful, but keep in mind that it is still less than the actual cost of the education - you are being subsidized by the endowment, annual contributions from alumni, etc.</p>
<p>Am I one of the very, very few who was happy with my finaid package? And I am middle-class too… I too was worried I would get horrible finaid… Thoughts?</p>
<p>I don’t know what kind of income you have that you would get virtually no need based aid, but be grateful that you have that at least.</p>
<p>Chicago has actually been the most generous so far, my family is really really low income and I know I wouldn’t have had a chance in hell of going if the financial aid was actually as bad as you say it is.
Unless you’re an international. In which case you’re probably justified in being upset about it.</p>
<p>The way Chicago’s aid works, you are essentially home free with a sub-70K income. Unfortunately for those of us who are solidly middle class/upper middle class, Chicago is one stingy institution.</p>
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<p>Is that the COA for this year?</p>
<p>Our FA package said COA for 2010-2011 was 58,090.
We got our package and were fairly pleased, but we will have two in school this fall. We’ll enjoy the aid while we have two in college.</p>
<p>Still waiting to hear about aid, were you all regular or early decision? Actually did like the mailings…most of them.</p>
<p>I’m pretty sure I don’t have a sub-70k income and it costs me about the same to go to UofC as to go to UMich in-state (including loans and all).</p>
<p>I was RD, it came with my decision.</p>
<p>I wonder what percentage of RD accepted students heard about aid with their acceptance?</p>
<p>i am middle class, but my family can in no way spend 240,000 over the next 4 years on my education. its very unfortunate - though my family’s income is over the limit, o have a big family and have moved 6 times in the past 10 years due to my father’s job so mortgages etc are a HUGE expense. my family is appealing the financial aid decision but this is putting a lot of stress on my house right now</p>
<p>zakuropanda, I was also very pleased with my financial aid package. I’ll have to come up with about $4,000 a year.</p>
<p>I too am middle class and happy with my aid.</p>
<p>Great. evertheoptimist. Even if you had to get student loans, that would not be a huge debt load. More than some state schools room & board. Congrats…</p>
<p>I would hope coming out of a top school would result in higher than average salary to repay it.</p>
<p>^ Unfortunately, that’s not necessarily true. =/</p>
<p>If Chicago wants to have middle income students in their college, they need to come up with better financial aid as otherwise they will lose a whole group of students who don’t’“qualify for federal aid” but who also cannot pay 58,000 a year.</p>
<p>First, I’d like to mention that Ivan is my favorite literary character.</p>
<p>Second, my name is alluding to a short story by the same author. Although, to my horror I later found I had not correctly remembered the title : ( . Embarrassing… </p>
<p>Third, my aid award also sucks. My brother at Yale paid about 40k this year WITHOUT me being in college; Chicago has me paying 58k WITH a brother in college. My family predicts my brother’s payment will be closer to 30k next year WITH me in college. A 28k difference in cost is pretty striking.</p>
<p>Oh, another thing bothers me about Chicago’s financial aid. A non-parent relative saved some money for my college fund. Chicago is counting it dollar for dollar into my family’s EFC. So the only group that’s actually saving money is Chicago, as they are simply helping me less by the amount that’s in the savings account!</p>
<p>=/ Do you think my pessimism justified?</p>
<p>So yea, I’m with you both in literary taste and on this issue.</p>