Financial Aid Package

Colleges & Universities University of Chicago
1

<p>The Office of Financial Aid has told me that they will only look at prior and current year tax numbers and will not consider the current year in determining a financial aid award. For example, they will ignore the fact that a parent is being laid off on December 31, 2009 when determining a financial aid package for the 2010-2011 academic year, and only look at calendar year 2009 tax returns.</p>

<p>I know that other universities give their financial aid offices discretion to override this rule in appropriate circumstances. Does anyone have experience with UChicago deciding to look at the reality of reduced income in the coming year, rather than sticking to the rule?</p>

<p>Thanks.</p>

2

<p>I had a similar issue: my mother lost her job in late october of last year. I mentioned this specifically on my financial aid report (not the FAFSA, but the other… sorry I can’t remember the name). </p>

<p>I don’t believe that any plea, no matter how great, is going to lead to significant increases in financial aid this coming school year. It is your responsibility to take out the necessary loans during the gap, and do your best to make up for it when your financial aid improves next year.</p>