<p>They offered in total $37,000 a year in financial aid. I feel its very generous considering my family income is over 130,000 a year. But, are a lot of people getting this kind of money?</p>
<p>That’s ridiculously good. ;y parents are -15000 this year and all I got was a $15000 merit and $4,000 loan.</p>
<p>I have to admit I feel like I hit the jackpot with their aid.</p>
<p>Spitfire- you did really well! My parents are not anywhere near your financial situation and we got $20K and $5K in loans. We still have to make up the rest, which is going to be really tough. Do you have other siblings in college?</p>
<p>That financial aid package is a beast. With your family’s income, you’re probably not going to get a lot of aid elsewhere, even if you don’t feel like you make a lot of money. To EFC 0 students (roughly families < 40,000), GWU usually gives out a package with between $0 and $25k debt. I calculated the COA (possibly for a year or two ago) at almost precisely $52,000. That leaves your family $15,000 a year to cover, which is excellent. I’m not entirely sure about your family situation, but if you could contribute at least $5,000 a year, you’d graduate at most $40,000 in debt. That’s a lot, but for the second most expensive private school in the country, that’s nothing.</p>
<p>^ Btw, is NYU really the most expensive uni in USA?</p>
<p>i got 30 grand Board Trustee Scholarship, and 5 grand University and Alumni Award… my mom makes less than 60,000, but i only got 5 grand for financial aid. maybe its because of my scholarship.</p>
<p>My Dad makes @$85K and my mom is a stay at home. I don’t know whether to try and negotiate with FA or not. But I really really want to go to GW. I did a little math myself (I hope I didn’t screw these numbers up) and I determined that $40K at 8% for 10 years is a monthly payment of $485.31; $50K is $545.97/mo; $55K is $606.64/mo; $60K is $727.97/mo and $65K is $788.63/mo. I think that 8% is the going rate for fed loans and private loans?</p>
<p>Here is a list of the most expensive colleges:</p>
<p>[College:</a> 25 Most Expensive Colleges For 2008-2009](<a href=“http://consumerist.com/5069146/25-most-expensive-colleges-for-2008+2009]College:”>http://consumerist.com/5069146/25-most-expensive-colleges-for-2008+2009)</p>
<p>Sarah Lawrence is ranked number one (surprising since I have never even heard of it, but that’s not really a contributing factor), followed by GWU and NYU.</p>
<p>Dude, I really hope you feel like crap, knowing full well there are kids who’s parents make much less than yours do, who didn’t get as much financial aid.</p>
<p>I don’t want anyone to “feel like crap.” We’re all in the same boat, trying to find money ANYWHERE to pay for one of the most expensive schools in the world, and praying that our gamble pays off with a good job in the future. With the debt I going to be in, it better, or I could be making the worst mistake that could affect my whole life.</p>
<p>Why should the OP feel like crap? She should be happy. Kids on financial aid don’t “feel like crap” because some other kids who pay 100% are essentially paying their tuition.</p>
<p>Poseidenj- Chill out some. Why should he feel like crap? Nobody should feel bad about being given the possibility to go to college for less. He should be ecstatic.</p>
<p>My family income is $150k-$200k and I got a $20,000/year Trustees Scholarship and a decent size loan package as well. GW would still be really expensive for my family, but my parents said we could most likely swing it! YAY!</p>
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<p>Don’t blame the applicant. It is GW’s choice to whom they give money, and how much. Like most colleges, GW practices “enrollment management,” which means they give more money to kids they really want (it could be test scores, gpa, ap classes, geographic diversity, URM, first chair oboe player, Intel Finalist, international or any number of factors), and give less grant/scholarship money to kids lower in their applicant pool. </p>
<p>It is how the college admission-financial aid game is played at most colleges – other than those few colleges that are fully need-blind AND agree to meet 100% of need.</p>
<p>Well, still no info on my finaid… but NYU has increased by $5000 for the 2009-2010 school year… It was around 55400 and even with all the scholarships/grants they offered, left me with 22000 to pay. hopefully GWU’s is better…</p>
<p>bluebayou, this is not specifically about GWU, but about financial aid in general. Do schools who are both need-bline and agree to meet 100% of need still practice “enrollment managment”, meaning two people with very similar financial need receiving a very different package in terms of Grant/self-help portions?</p>
<p>rocker:</p>
<p>In general, yes. I’ve even known the Ivies to find more “need” for candidates they really want.</p>
<p>how do we find out if we have received a financial aid package? i got accepted but havent received my application papers yet, does it come with it?</p>