<p>D2 was one of the many who had to turn down U of C 'cause of the stinky/nonexistent finaid. And we fall into that $75k plus group where it seems the new scholarship program will not help at all. Yet here I am still reading the threads as (1) I still love U of C, and (2) they are now sending S stuff in the mail and Ted O’Neill’s letters are seductive indeed. Just reading the course catalog is seductive.</p>
<p>But ditto the loan advice. Our efc was computed at $43k and the rest was loans and work study. We figured at this point in time, had D attended, and she is finished her third semester at her scholarship school, we’d be $100k in debt and only not even halfway through! Every time I do the math I know we made the right choice.</p>
<p>D is an engineering student loading up on bio (med school maybe?), physics (loves it) and also studio art (painting, drawing and sculpture). Chicago doesn’t even have studio art. Anyway, D’s engrg physics advisor has told her that based on her current record of gpa (3.9999999 - she has one A minus), and summer research jobs, she looks like a good candidate for a PHD program Chicago is starting in Biophysics and she could most likely go for free, with the usual stipends and funding that accompany such. She is now excited that she may wind up at U of C anyway, and not be $200k in debt on arrival (actually it would be us in debt, but anyway).</p>
<p>Some of what I’ve read here leads me to think that the graduate programs at Chicago hold sway in importance to the University by mile. This is what I was told two years ago when she was applying, ie, Chicago is a place to go to grad school. If they take you for ug, you are welcome, but you are expected to pay for it.</p>
<p>fwiw - our efc at Rice was $20k. go figure.</p>