financial aid

<p>whats the financial aid policy for people with a low income?</p>

<p>They cover 100% of your need. Which means if according to the FAFSA and CSS Profile, your family can only pay $1000, the rest (around $50,000) is covered by a federal loan (which is around $3000), work study ($3000 as well), any grants you're eligible for, and then GU Scholarships. They make it very easy for people without a lot of money to attend.</p>

<p>thank you for your reply. How do you know a person of low income only gets a federal loan? When i got accepted to cornell a while ago (i know its totally different schools, but i thought they would give good aid), i received a package with a federal loan + a university loan (and of course grants, but i didnt want to pay 8 thousand per year), and my EFC, at least on the federal level, is 0. </p>

<p>Also, i read on collegeboard that georgetown pays 75% in grants... is there a place on their website where they say they cater to low income applicants? because i couldnt find it.. Thanks!</p>

<p>I know because that's what they told me when I visited after being accepted. The only form of university loan they have is the Nursing School Loan and that's only for extreme cases.</p>

<p>My EFC was 0 as well so I can give you an example of what your package would most likely look like: Federal Pell Grant ($4,310), Federal Stafford Loan ($3,000), Federal Work Study ($3,000), GU Scholarship (everything else. Should be around $39,000). So we basically only pay that $3,000 (after I graduate).</p>

<p>This website answers your last question and will probably help with any others:</p>

<p><a href="http://www8.georgetown.edu/admin/provost/osfs/ugmenu.htm%5B/url%5D"&gt;http://www8.georgetown.edu/admin/provost/osfs/ugmenu.htm&lt;/a&gt;&lt;/p>

<p>Good luck making your decision. Hoya Saxa!</p>

<p>Thanks. Your reply was really helpful :)</p>

<p>Brandyn, how will you have only $3k in loans after graduating? Isn't it 3k/yr for 4 yrs = 12k?</p>

<p>No I didn't mean it's only $3,000 total. That was just an example of what the first year financial aid package would most likely look like. So I was saying for that year we only pay the $3,000 loan, but after I graduate.</p>

<p>What about those with EFCs higher than zero?</p>

<p>I'm thinking of posts I saw here by euphoric<em>potato, worried last spring about financial aid. Would love to get a PM or see a posting telling the end of that story, since it appears euphoric</em>potato ended up at Georgetown despite originally hearing s/he would have no finaid and wouldn't be able to attend.</p>

<p>I've seen charts elsewhere that show what kind of aid is generally received for different income levels. Does Georgetown share that anywhere?</p>