Latin School of Chicago

Over $150,000 $0 - $74,999 $75,000 - $149,999 25% 31% 44% APPROXIMATE FAMILY INCOMES OF FINANCIAL AID RECIPIENTS SCENARIO 3 An applicant for junior kindergarten lives with his parents and preschool aged sibling who will attend a tuition-based school. His family income is $140,000. e family owns a home and has started saving for retirement. Total cost of attendance (tuition and fees*) . . . . . . . . . . . . . . . . . . . . . . . . . . . .$29,075 Expected Family Contribution after allowable expenses . . . . . . . . . . . . . . . . . .$10,000 Financial need . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$19,075 Total aid offered . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$19,075 SCENARIO 4 An applicant for sixth grade lives with his single father. e family income including salary, business income and dividends is $160,000. His family owns a home and has accumulated savings for retirement and various stocks and securities. Total cost of attendance (tuition and fees*) . . . . . . . . . . . . . . . . . . . . . . . . . . . .$33,385 Expected Family Contribution after allowable expenses . . . . . . . . . . . . . . . . . .$20,635 Financial need . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$12,750 Total aid offered . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$12,750 SCENARIO 5 An applicant for fifth grade lives with her parents and older sibling. e family income is $352,000 with only one parent working outside the home. e family owns a home, a vacation property, and a rental property. All assets including retirement savings, stocks, bonds and securities total close to $2 million. Total cost of attendance (tuition and fees*) . . . . . . . . . . . . . . . . . . . . . . . . . . . .$33,735 Expected Family Contribution after allowable expenses . . . . . . . . . . . . . . . . . .$33,735 Financial need . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$0 Total aid offered . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$0 *Total cost for each student may vary depending on participation in activities, required school supplies and other factors.

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