<p>ballboy, i know UVA is a better school, it's just that the location is not the best. plus, UVA doesnt have an international school, which was a major drawback for me.</p>
<p>how about you? have you decided yet?</p>
<p>It's pointless to argue with you. You obviously think that you are above the law. It is common knowledge that ED is binding, regardless of financial aid. Luckily, you got financial aid...and a lot of it. Maybe your family can only afford $3000 of the $9000 you owe. So, get a summer job. Graduate a semester early with AP credits. Get a co-op at GW. Apply for local scholarships. </p>
<p>Again, UVA is probably THE strictest school on stuff like this. I can't imagine what they would do to you if they find out.</p>
<p>Hoo is right: you are supposed to immediately withdraw all your other apps once you are accepted ED. If you needed to compare financial aid packages you should have applied RD only. And UVA is really serious when it comes to its honor code. </p>
<p>I would not expect UVA to be more generous than GW on financial aid.</p>
<p>
[quote]
When you fill out your FAFSA and get your expected family contribution as calculated by the Federal government, it is an objective estimate of how much you can afford to pay. Since GW, like almost all other colleges in the US, participates in Federal aid programs (Staffords, Pell Grants, etc), THEY have an 'ethical' commitment NOT TO SCREW YOU OVER when you decide to apply early.
[/quote]
</p>
<p>Do you realized that the first of all the FAFSA is just a guide line and schools create their own financial aid policies and they can calculate your EFC to be more or less than what is on the FAFSA. Daughter got admitted to 7 schools, and not one of them had the EFC that the FAFSA gave us. Only Williams was lower, every one else's was higher. GW is also a private inistitution and is not obligated to meet 100% of your financial need, to be need blind or even give you aid. Of the aid that they do give they are not obligated to even give you a scholarship as some schools do meet your need with loans.</p>
<p>I am trying to test for understanding. According to the information you have given so far, it seems that your </p>
<p>The cost of attendance is $49,250</p>
<p>Your EFC is 2950</p>
<p>You have a need of $46,300</p>
<p>Of this $46,300 </p>
<p>They gave you a package of $40,225 </p>
<p>which means they left a gap of $6,075</p>
<p>Since you were accepted ED, you were suppose to with draw your other applications (including UVA and Georgetown). Some schools make 'gentlemen agreements' not to take students which have already committed to other schoools, they do share information regarding ED admissions. In addition, your guidance counselor is obligated to report that you have been admitted ED. Should you decide that you can not attend because of the aid package in the end it is up to the school to deem if that is a sufficient excuse especially considering they gave you a $40,000+ package. </p>
<p>GW's Ed states
** If you are offered admission through our binding Early Decision options, you are required to submit a nonrefundable enrollment fee by the deposit deadline and must withdraw all applications submitted to other colleges.**</p>
<p>While the school cannot make you attend, they can block your admission to UVA and georgetown because you did not honor your commmitment. When they release you from ED because you cannot afford it, you can only attend your local university which stil lmay not be the most economically feasible option.</p>
<p>There are not guarantees the even with Georgetown that meets 100% of your demonstrated need that you will get a better package because they can and most likely still have a loan component in their financial aid award. Unless you are a VA resident, I would not bank on getting an aid package from a public school whose first obligation is to provide affordable education to their own instate students. </p>
<p>IF you are out of state the cost of attendance is upwards of $31,765. Since the school only works with the FAFSA, and not the CSS profile, there will really be no insitutional funds to speak of. in addition they do not meet 100% of your financial need demonstrated or otherwise.</p>
<p>As an in-state resident, your cost of attendance will be $15,865</p>
<p>after your EFC, you have a need of 12,915</p>
<p>UVA's need based financial aid is given in loans
<a href="http://www.virginia.edu/financialaid/typesofaid.html%5B/url%5D">http://www.virginia.edu/financialaid/typesofaid.html</a></p>
<p>Are you eligible for any of the state aid programs or scholarships?</p>
<p>Even if you are a DC resident the </p>
<p>DC TAG) is available to students who are residents of Washington, DC, enrolled in participating colleges throughout the United States. The program pays the difference between in-state and out-of-state tuition up to $10,000 per academic year, with an aggregate total of $50,000 per student. Eligible DC students who attend the University of Virginia may receive up to $10,000 per academic year. The amount of the DC TAG is not based on financial need. However, in some cases, other assistance students receive may be considered in determining the actual amount of the DC TAG award. </p>
<p>Under this program you would still have a gap of $6,100 on tuition alone.</p>
<p>You have a lot on your plate. It is not a fate worse than death to have $36,000 worth of debt on an almost $200,000 education.</p>
<p>In the end you could end up losing on all counts (killing your ED admission while not getting the aid you think you need at the other schools).</p>
<p>Well, GW does not cost $49,000. That's an exagerration. It costs $46,000, including room and board and other things like Colonial Cash(spending money around the District). So, in reality, you have a $4000-$5000 gap. That isn't that bad. Your parents can pay for the $2950. You or your parents can pay for the $3,600 loans after you graduate, which would total $14,000 dollars in loans. That's really not that bad. You can pay that off in 7 years with $2000 per year. You can pay for the $4000-$5000 dollar cost by getting a job, taking classes to get credit at a CC, by getting a co-op, or by earning scholarships. </p>
<p>So, this would be your budget.</p>
<p>Parents pay: $2,900 each year</p>
<p>You pay: $5000 each year(don't take out loans if you can help it)</p>
<p>You/your parents pay: $2000 a year for seven years after you graduate to completely pay for your education.</p>
<p>GW pays for the rest</p>
<p>Bojangles is that you?</p>
<p>This is not just GW's ED policy, this is THE ED policy for ALL SCHOOLS(since you want to yell!) . If you apply, if you are admitted you have signed a paper that says you will go...You haven't signed a paper that says "I will go if I get the money I need/want" or a paper that says "I will go if I don;t get into any other schools I want more."</p>
<p>You have said, if I am admitted, I will go. After you are admitted, your are expected to withdraw applications to all other schools.It is not a matter of being crazy or stupid, it is a matter of being honest. </p>
<p>Your Guidance counselor and school are involved in this as well. If you walk away from an ED admission (without being granted dispensation by the school) it could impact the likelihood that GW (or any other school) will accept students from your HS ED in the future...who knows. I doubt that this is something that worries you, BS86. I am sure you are justifiably worried about your finances. If this is the case, then you should have never applied ED...because and ESTIMATE is not a GUARANTEE!!</p>
<p>Good luck, you still have time to withdraw your other applications, and contact GW about your financial dilemma.</p>
<p>Wow, bs86 did you remove that screaming post of yours quickly or what?</p>
<p>Look, if you really like GW and want to go, then talk with them and try to make the money work. In the meantime, withdraw the other applications because as Sybbie notes in a previous post, they will just mess you up.</p>
<p>Something will work out.</p>