<p>I've read in various other threads that their financial aid is lackluster, compared to peer schools. Is this really true? Are there any students who've recently gotten accepted and know their financial aid packages yet? I'd like to hear what you guys think of it, in general...</p>
<p>Il give you my situation. </p>
<p>All of my online EFC calcs (fin aid, cc, collegeboard, etc.) had my efc between 7-9k.
Brown had my EFC at 9k- No loans
Emory had it at 9.5k- Max 15k loans for all 4 years
Williams EFC 8.3k- No loans
FASFA EFC 8.4k
University of Chicago EFC 17k- close to 8k in loans per year so total of 32k in loans over 4 years.</p>
<p>I love UChicago, way more than any of the other schools I listed but their fin aid has sadly brought me to the reality that U of C may not be a school I can consider simply bcuz of fin aid. I was able to attain all of these EFCs because I am a recruited athlete and during the ED round I sent in all of my fin aid stuff to all of the schools above to get a estimate before deciding to go ED.</p>
<p>My situation: ~140k income, one brother in college.</p>
<p>EFC from CC: ~20k-30k
FAFSA EFC: ~64k (Okay, parents filled it out; we'll be going back over this later to see if there are any mistakes, because that's waaaaay to high, considering my brother's sucking out ~30k a year already).
UChicago EFC: 30k w/ 28k in loans over four years.</p>
<p>...Not terrible, and actually better than what I was expecting. I've had a horror story from one of my friends who is at Stanford right now riding on tens of thousands dollars in aid (no specific amount). His EFC from Chicago was around 300 bucks. Right.</p>
<p>I think it really all depends on each case. These are okay indicators but should not deter you from applying to such a sick ass place. You might get a nice package (I researched a lot about u of c fin aid during the time between i was accepted ea and when i got my fin aid estimate) or you might get ****ted on but I would grade Chicagos fin aid as a C its not amazing like Harvard, Yale, Brown, or any other top school (besides NYU ahha) and its def not as bad as schools that dont provide 100% of need. </p>
<p>I suggest going through the thread prolly about 2-3 pages back that talked about fin packages from the EA round.</p>
<p>FA is sometimes more an individual and highly variable art than a precise science, but that's quite a discrepancy. Hard to attribute it to athletics-am too old to be naive, but D3 and Ivy rules make that kind of gap very hard to manufacture. If you haven't already done so it may be worth running it by Chicago admissions, FA and coach to get their competitive juices flowing.</p>
<p>I did. I sent all of those estimates with my signed 2007 tax returns along with a short letter asking for Chicago to attempt to match the estimates the other schools were giving me but they did not ackoneldge it.</p>
<p>Yeah... It seems like it's much more of an individualistic thing. Machiavelli... don't worry, it's not going to stop me from applying to such a sick ass place. :) I guess I'll just find out eventually... Hopefully!</p>
<p>I got nothing. :/</p>
<p>What was your EFC from other sources?^^</p>
<p>abrasive, but not as bad as i expected after all of the hype.</p>
<p>when you say EFC, are you referring to the part your family pays + what you pay?</p>
<p>like w/ brown your family pays 9k, you pay nothing.
w/ chicago your family pays 9k, you pay 8k in stafford/perkins loans?</p>
<p>thats almost exactly what i got too.. and i can still justify going to chicago because my parents will pay 9k regardless of where i go to school, and with a degree in econ/anthro from
chicago i can pay off that 32k of debt within a year and a half of working comfortably. two years tops. if youre passionate about chicago, then you should definitely choose to go bc its at worst 16k from your first two years of work</p>