<p>I'd like to get an idea of how much financial aid Gtown students receive. If you guys don't mind, could the people that got accepted ED or over the previous years to Gtown post how much financial aid they got and how it compares to the family income?</p>
<p>georgetown will meet 100% of your need according to your financial aid form whatever the tuition minus your expected family contribution is georgetown will cover, also they promise to do it with only 2,000/year in loans and the rest in grants and scholarships</p>
<p>I've never heard about the only $2,000 in loans. But its great news if they do. EA acceptees don't receive their financial aid statement until March or April, so we don't know yet.</p>
<p>Does georgetown recalculate the expected family contribution with both the CSS, FAFSA, and looking at the actual tax documents? </p>
<p>I do know of some schools that go through and recalculate their own rather than just using the one from FAFSA. Hopefully current students can help answer that! Thanks!</p>
<p>i've only had to get 2,200 in loans</p>
<p>I just spoke with someone from financial aid and when I asked him about whether or not Georgetown restricts the amount of loans each year to $2000 he said something like, "For Freshmen we will allow up to $2500, and then it can go up each year." </p>
<p>It was sounding like it would be impossible to graduate with an insane amount of debt, so I asked him if it was then impossible for someone to have $40,000 in debt upon gradution, and he said "That is possible, with parent and student loans."</p>
<p>I'm not entirely sure what to make of this. I know Georgetown meets %100 demonstrated need, but I'm worried that our need will show as less than it actually is. I was all excited thinking I could go and not have loads of loans, but I don't/ can't weigh my parents down with them too.</p>
<p>Georgetown2010, how would you say your debt (and parents) will be upon graduation, if you don't mind, of course.</p>
<p>I would say in general that financial aid at Georgetown is not the best, but is getting better. Georgetown is in a situation that Brown was in not too long ago, where a huge number of people, the majority, are receiving zero financial aid and the University really depends on that. My Jesuit prep school actually had a higher percentage of people on financial aid than Georgetown does. If you need aid, you definitely are going to get it from Georgetown, but it probably won't be the best package you get.</p>
<p>I also read in the Hoya that Georgetown's endowment is extremely high right now... I think that affects financial aid but I could be completely wrong. All I know is that it doesn't hurt!</p>
<p>My aid from Georgetown has not been fantastic. I'm a sophomore now, and for my first year their offer was fine. They gave me enough to be able to attend. For this year, my family's contribution that they have calculated is nearly double. </p>
<p>What has been the sucky part about all of this is that my parents are divorced, and my non-custodial parent makes significantly more (2x) as my custodial parent. Georgetown has guidelines for this to decide whether or not the non-custodial parent should count (Have the parents been separated more then five years? etc.) However, while I meet all of their guidelines, they have forced me to submit my non-custodial parent's information anyway, and they then calculate a contribution (for both parents) that I end up having to pay through student loans. When I tried to appeal, they did not care and basically said their guidelines about non-custodial parents mean nothing, and told me I should write a letter saying I have zero contact with my non-custodial parent (huh?).</p>
<p>Anyway, this is just my situation and obviously doesn't apply to many people. I don't want to scare anyone off- I love this place, and wouldn't want to be anywhere else. I guess my point here is that you must consider from the start that your financial aid will decrease each year. You can't just base your decision on the first year's aid.</p>
<p>thanks for the adive AiHy! I'm in the same situation actually with my parents being divorced. My NCP definitely makes ALOT more money..about 3x more..blah X_x guess that's pretty much going to ruin my aid from Georgetown then.</p>
<p>To answer your question dublindoogey, I'll probably graduate with 8,000-9,000 in debt (which is nothing compared to other schools)</p>
<p>"To answer your question dublindoogey, I'll probably graduate with 8,000-9,000 in debt (which is nothing compared to other schools)"</p>
<p>Thanks for layin' it out there :) If I may... would I be correct in saything that is just your debt, and your parents took loans also? Or just debt total?
Right now I'm in a struggle with my mother who wants me to attend UW Madison (In-State tution) and I want to attend Georgetown. I have two younger brothers and feel that I shouldn't burden the family with my choice, which leads to my curiousity and anxiety. Thanks again!</p>
<p>that's my total debt my parents aren't paying for my tuition</p>
<p>thanks GT2010</p>
<p>ok i'm sorry i kind of came into this thread a little late...</p>
<p>anyway, gtown 2010, you really only have 8-9k in debt? how???</p>
<p>I'd sort of like to know how too! With 0 money from my parents, I've already taken 20,000 for the first two years.</p>
<p>I'm in the same situation. I got full rides to my safety schools, but I'm going to see if gtown and notre dame offer reasonable aide. I am praying Gtown will leave me with little debt. </p>
<p>So yeah, I would love to know how, too!</p>
<p>my efc was really low like 300 dollars (my dad is a pastor and my mom doesn't work) so my financial aid was pretty high because they "meet your need 100%" but my "need" stated that my parents pay 2,500 while fafsa said my parents could only contribute 300. So georgetown has their own formula. I also received a national scholarship that pays 25,000 a year, but that lowered my financial aid so in a way, getting the scholarship gave me less money in the end. weird...</p>
<p>Does anyone know what an aid package for a transfer student would look like? They're probably not as generous but I'm looking for a ballpark figure. My FAFSA is 1400 and because I'm a veteran on my FAFSA I'm considered an independent student. However on the PROFILE assessment I still had to turn in my mom and stepdad's information. Right now they're not making good money so I hope it won't hurt me, but why did I even have to turn this in? I'm 24 and a veteran - doesn't that count for Georgetown? </p>
<p>Also, my parents divorced when I was 4 and I haven't talked or seen him for nearly ten years. He pays absolutely zero towards any of my education or any other expenses. They asked for his information anyway but since I don't know it I just left it blank. Will this hurt me?</p>