<p>3 years ago UChicago offerd my S the least amount of aid of all his acceptances. He chose to attend UChicago and we supported his decision. However, discussions about financial aid should include family income. At around 70K per year you can expect some decent aid. As that number climbs, the aid drops substantially compared to some of the ivies. Each school has its own formula and UChicago almost always includes student loans as park of it pacakage. We did appeal decisions twice during the last 3 years and were successful once.</p>