Financial Aid notification ED?

<p>I am an Early Decision applicant and I was wondering when accepted students from that pool would hear about a financial aid package. Does anyone with some experience on that have an estimate on the time frame?</p>

<p>From my daughter’s experience two years ago, we got her financial package via mail two weeks after she was accepted online. It was hard to wait because we were very excited that she got accepted but was a little worried about the cost. For us, it all turned out very well. My feelings is that GW would not offer admission without offered a good financial package.</p>

<p>I got in last year ED1 and my letter came in like 2-3 weeks after acceptance!</p>

<p>And @momofblue, actually a lot of my friends got in ED1 with horrible financial aid.</p>

<p>adababy845…and how was your financial package? From our experience, GW gave my daughter an excellent package minus her 3 student loans (Subsidized Stafford, Unsubsidized and Perkin) and the EFC that the FAFSA stated should be our family contribution. The number was just about to the dollar. We couldn’t be more pleased and feel it was very fair. We feel that GW did not charge us more then we could afford. No complaints here.</p>

<p>Thank you so much for your reassurance! I got in and now it’s all just waiting, but I have confidence the money issues will work themselves out here.</p>

<p>“My feelings is that GW would not offer admission without offered a good financial package.”</p>

<p>Um, no, not always. And, that’s an understatement at best.</p>

<p>I got zilch in aid, yet was (of course) admitted. </p>

<p>GW may or may not give you aid. You will only know what they will offer you for the first year after you receive the packet from them. Then, for college years 2-4, you’ll find out what they offer you each year. </p>

<p>If you get no aid,… you’ll have to do what everyone else who gets screwed does. 1) Private student loans. 2) Full-time job. (Try to find one at the university for partial tuition benefits.) </p>

<p>It’s an expensive school, and not everyone gets even remotely adequate aid. If you’re upper middle class, forget it. Middle class… maybe. If you’re poor, awesome! </p>

<p>Like I said, you won’t know what they’ll offer you until you get their packet. Maybe you’ll get plenty. It depends on your parent’s income.</p>

<p>gwgrad…may we chat? I have been visiting this forum for the last four years and you have been a major presence here. It seems that you want to scare many possible future students away from GW in fear that they will not be able to afford it because you feel that they were unfair to you financially. My question to you is what was your EFC when you filed your FAFSA? I find it very hard to believe that GW would not offer you any financial aid if the FAFSA deems you as someone in need. If your FAFSA score was high that means that they feel that your family can afford the full price of the tuition.</p>

<p>Another question I have for you is how did you get private loans? Doesn’t your parents have to so-sign for them? Students cannot get them on their own…only the government student loans.</p>

<p>In regards to years 2-4, as long as your income stays the same, GW will give you the same package. In fact, we got a slightly better package this year (our daughter’s second year) then we did the first year.</p>

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<p>What I want to know is why, despite an atrocious lack of aid, gwgrad took it upon himself to take out 60k/year in loans and now feels angry about it. It was your decision, man! It was a long time ago. Why didn’t you just go to a cheaper school?</p>

<p>As a follow up to anyone worried about their financial aid I don’t feel that GW could have been more fair to me. Also they have something called the “guaranteed grant” that does not change in amount even if your financial situation does improve. Through this you can really feel some certainty about what you will pay each year.</p>