I *still* have not received a formal rejection.
What bothers me is that I never applied for any Master's program. I applied specifically to this PhD. UChicago should have a box on their application form stating: "If you are not admitted to this program, would you like to be considered for a Master's degree in ______"? I bet the vast majority of students would check no. Honestly, transferring PhD applicants over to MA programs just seems like a blatant ploy for tuition dollars, even with the scholarships they give out.
It's kind of gross to keep students waiting this long for formal notification of rejection. The least they could do is have the PhD programs send out rejection letters that say, "Sorry you weren't admitted to our PhD program, but we have forwarded your application to the MA".
I'm getting off my soapbox now. I'll be fine, I was admitted into a PhD program I will happily attend. But in general I think programs and universities should endeavor to treat their applicants with respect for the amount of energy, time, and money that goes into these applications. I do hope this thread is useful for future applicants.