Aid Estimates - include work study?

<p>My fin aid estimate included several loans, however, according to UChicago’s website, “For students with family incomes below $60,000 a year, all of their student loan expectation will be replaced with Odyssey Scholarships.” Does this mean that when I get my final financial aid package in the spring, all of my loans will be replaced by an Odyssey Scholarship? (My family income is below $60,000).</p>