<p>Alright I'm just curious as to what types of aid packages Georgetown offers. I know they meet 100% of your need, but how much of that is loans? My EFC is $22,000-$27,000 and that would be the most my parents could pay WITH loans. So for current students what % of your aid is loans and how much do you get in grants and work-study? TY</p>
<p>For me, Georgetown was very kind with financial aid. It was more than my other choices (Boston U left me with only 3K in EFC, Cornell was 7K) but it was considerably less than the rest. I got a huge grant so that i'm paying out 13K in EFC, 3K in workstudy and then I only have the Stafford as my only loan. At GAAP, a lot of people were upset about the crappy financial aid they got so I got lucky.</p>
<p>Come on current Hoyas, please help me out.</p>
<p>For my freshman year, our EFC was something around 30,000-33,000. My package totaled something like $17,000: $10,000 GU Scholarship, $3,500 Workstudy, and $2,500 in Stafford loans. I found them to be really generous, since they gave me more than I actually needed. However, as the years pass, they give you less and less for a scholarship and more in loans. This year, I only had a $7,000 scholarship, and the rest was loans and workstudy.</p>
<p>Are you allowed to decline parts of a financial aid package? For example, could I turn down the workstudy but take the rest? Because you could make way more at a normal job and contribute that to your college tuition.</p>
<p>Bump, any more current students out there? Even entering Freshman.</p>
<p>I'm a soph, and found that they concurrently lowered my aid and raised tuition (as is true most places)...I'm expected to contribute $5K a year (from summer earnings, work study)..about 3 or 4K is a federal loan, the rest is a scholarship, and my finaid covers about half of my tuition. </p>
<p>It helps to have multiple siblings in college at the same time. My brothers will graduate from college after this year, so I am preparing to get seriously screwed next year. We'll see...</p>
<p>TY for the response. Okay well I wasn't expecting everything to be a scholarship, I'm just glad they don't stick you with $15,000 in loans each year.</p>
<p>I got 32k in GU scholarships</p>
<p>Yes, you can decline parts of your package, either the loan, scholarship, or workstudy. However, I'd recommend just accepting the workstudy, you aren't under any obligation to actually use it, since there are a lot of good paying jobs on campus that will only hire you if you have the award.</p>