<p>Generally, how is Georgetown's financial aid? College Board does not have any info about that. </p>
<p>Isn't GU's endowment like $780 million, so can they meet 100% need or do they gap? </p>
<p>Thanks</p>
<p>I second this question! I’ve heard G-Town can be pretty stingy with its money.</p>
<p>dono about others, but they met my 100%</p>
<p>I guess it’s not good as some others, and it has a loan component and some other top schools do not; I had 100% of my need met, with mostly grants, $510 student contribution, $3,000 loans, and $3,000 work-study…but my EFC is 0.</p>
<p>They are kinder to some than to others; I have 3 friends who go here who I know are on full rides + government subsidized stafford loans. It varies a lot by where you’re from because of real estate value probably and I feel like they don’t take into consideration the higher cost of living for urban communities and certain states. </p>
<p>They definitely don’t give away amazing financial aid compared to peer universities (our endowment is nowhere near Harvard’s, Yale’s, Stanford’s, or anyone else’s.) Part of this is because our endowment has only really been cultivated in the last 20-30 years. However, if you really can’t pay (low, low EFCs) I think they give as much merit aid as they can.</p>
<p>Georgetown does not award merit aid.</p>
<p>I meant to say financial aid. However, they do offer merit aid if you are 1) an athlete or 2) a highly desirable international student, I’m talking the same kids who get into Oxford.</p>
<p>Athletic scholarships are an entirely different matter; when people talk about “merit aid,” it is understood that they mean “academic merit.”</p>
<p>As for internationals:</p>
<p>[Georgetown</a> University :: Office of Student Financial Services](<a href=“http://finaid.georgetown.edu/internat.htm]Georgetown”>http://finaid.georgetown.edu/internat.htm)</p>
<p>Undergraduates: Georgetown offers a very limited number of need-based scholarships to selected first-year international students who demonstrate financial need for assistance.</p>
<p>how’s financial aid for the average student with ~$90,000 family income? stingy?</p>
<p>What they write on a website is not the same as what they do in real life. What I’m saying is that I personally know people who are rich enough to buy round trip plane tickets on the fly and who have substantial trust funds, but received aid. Perhaps it’s politics, but it happens. I’m sure it is the exception rather than the rule however, and not something that gtown publicizes.</p>
<p>@ scrivener - Financial aid depends on a lot of things besides raw income, for instance investments, equity of the house you live in, other real estate your parents own, and savings. Depending on how much your parents save/invest, you could have a very high EFC or a low one. One thing I will say though is that Gtown’s financial aid numbers are very similar to what FAFSA estimated for me, so that would be a good ballpark number.</p>
<p>you have to realize that they will cover 100% of your “need” but THEY are the ones who determine how much you “need.” If you want 20k but they want to give you only 10k, they’ll show that you “need” only 10k and then give you the 10k, covering 100% of need.</p>
<p>ex. My school (not GTown) determined that I “need” only 7k of help (off of 52k sticker price). Now I’m taking out a BS-load of loans to cover the rest lol</p>
<p>My family income is around 100K. My EFC was 12.5K. I got $27,720 in grants, a $3000 yearly renewable scholarship (called like John Carroll scholarship or something), $3000 subsidized loans, and $3000 in work study.</p>
<p>The aid I received was essentially the equivalent of the EFC on the FAFSA (which for my family was nowhere near enough to serve as a truly viable option). I don’t believe it’s a rule of thumb for Georgetown to match the EFC, but it was the case in my situation. It was also the smallest of the financial aid awards I received and Georgetown was the last school I received notification from regarding financial aid, so it was a bit of a let down. But as other posters on here have mentioned, Georgetown has been generous in the past to those with a lot of need. I think Georgetown does do its best to make an education there financially possible for everyone.</p>