Economy affects merit awards and more

CountingDown
Sat, 07 Feb 2009 23:05:12 +0000

And if a family had need at Chicago, but less than the amount of the merit award, then the real savings is less than $10k (assuming that level of award), though coming from a different pot than merit.

Seashore, true, the cost for this argument is ~2.8M over four years for each entering class.

Does anyone know how this number compares to the total annual FA budget at Chicago? I’m curious if this is a drop in the bucket or if it is truly a decent chunk.

J’adoube, I haven’t heard what the final decision on meal plans for next year will be, but we had been expecting to pay for the minimum plan, so the new standard plan will cost us ~$1500 more.