Fin Aid

<p>So GWU is offerring me around $51,000 (when subtracting loans) in aid from awards and grants...in retrospect to the cost of attendance and to what the average aid-needy student receives at GW, what would you say about this aid? Good, mediocre, crappy? thanks</p>

<p>That’s an incredible package regardless of the school! Their COA is ~60k, so you’ve got very little (in context, at least) left to pay yourself.</p>

<p>Do you mean ~$12000 a year? Or $51000 a year? Because that is a huge difference. $51000 a year is like attending for free. But $12000 a year is average.</p>

<p>$51,000 for the year. (25k per semester)
Thanks for the replies!</p>

<p>That is amazing! do you mind including your stats for admission? My daughter is EDII and hoping for a package too. I have no idea what to expect (if anything)</p>

<p>I was admitted EDI and received a similar package: $51,895. A huge chunk of that is grants.</p>

<p>Was it all need based or merit or a little of both?</p>

<p>It was all need-based aid.</p>

<p>@GWU2018 and @aliahm08</p>

<p>Would you mind sharing your family’s income range/whether you have siblings currently in college? I apologize for asking so bluntly. Sort of an awkward/nosy question. I’m applying ED 2 and hoping for a similar package to yours, otherwise attendance would be very difficult. I already have a sibling attending an elite expensive college that costs around the same as GWU, so money is definitely an issue for my family. Also, you did not get any merit aid? Would you mind sharing your stats? Thanks!!!</p>

<p>Sure thing! My family income is less than $50,000, and I have no siblings. I’d like to note that my package consisted of a few small federal-loans that were reasonable, but most of the financial aid I am receiving is grants. This does not include any type of merit aid. </p>

<p>My statistics are posted in the decision thread, if you’re interested in looking at them.</p>

<p>I was accepted ED1 and they are offering me right at $40k and I got a 10k work study. They’re being very generous this year I think!</p>

<p>Thanks for the info/help, GWU2018 and jloraines. My family income is right around that. A few small loans aren’t a bad thing! My Econ teacher says paying them off quickly (like before the 6 or 9 month grace period) is actually good for building up credit. I’ll find out my admissions decision in early February, I believe. I really want to attend GW instead of my state’s flagship, so hopefully GW ends up offering me a nice package!</p>

<p>@SiggyFreud: No worries! While GW was the main school I wished to attend, my list included: Cornell, Lehigh, University of Richmond, Wake Forest, and Boston College. While I had no intention to attend my state’s flagship university, my financial aid package to GW actually makes it cheaper to go there than my state flagship. So my family and I thought we were getting a fantastic deal. </p>

<p>Wow, that’s great! I hope the same thing works out for me (well, I have to worry about getting in first!). Only 10-ish? days left! I’m very anxious. Does GW defer a lot of people during ED (I or II)? I think I’ve read that the acceptance rates for ED is around 40%, though. With the recent admissions scandal, I really hope they don’t decide to defer me since I’ll need a lot of money from them in order to attend (and I want to go to GW very badly!). </p>

<p>I applied to Indiana, Drexel, Fordham, U Rochester, BU, Carnegie Mellon, Bard, Bentley…I had been accepted to only some of those, of which none gave me such aid. GW was my top choice - ED1. GPA - 3.18 (weighted…I know), SAT - 1770 (I know), APs -3s 4s and 5s, and IB courses (so hard classes). But killer essays, and crazy good rec’s…my school’s principal even called in to boost my chances (very rare doing). Amazing interview, and I had been in contact with one of GWs professor for a while now. I mean, I had crappy grades, but a lot of top schools have accepted me (Indiana’s B-school is 13th best undergrad, and i got in there direct admission). Also I attend an international American school, but applied as a domestic applicant - advantage of receiving grants, but more diversity in my background. From the aid, majority (30-something) was merit, and the rest was need-based…but merit further than just my grades. Minority, a small small minority was loan.</p>