<p>My S is interested in Georgetown but price is a big issue. Does anyone know how many $3000 grant-instead-of-loan scholarships are offered per year to accepted freshman? Like the 1789 Scholarship for example.</p>
<p>Actually, let me qualify that - I mean how many that are not first-generation college students. </p>
<p>I think I found out for 1789 Scholarships. Everyone who is awarded one gets into to the Georgetown Scholarship Program. It says on the GSP website that for the Class of 2016 there were 162 scholars. It says the yield for them is 67% so 241 were offered. About 3400 students were admitted which means about 7% were offered the scholarship. Of them, 70% are first-generation, for others that means 72 scholarships are offered for a percentage of admitted student of 2.1%. Not a lot! Only good thing is the number of scholarship they offer is trending up.</p>
<p>If anyone knows the stats for the John Carroll scholarship, which also offers $3K in loan relief, please say.</p>
<p>Everything I read points to Georgetown NOT being a super generous school offering lots of scholarships. </p>
<p>Indeed, that’s true.</p>
<p>Does anyone have a John Carroll scholarship and/or know about how many they give out or to whom?</p>
<p>I can’t answer the question directly. My best advice would be to use the net calculator on the Georgetown University website. It is my understanding that the idea behind the “no loans” policy is to help out those students that may not likely get help from their families to pay back loans after graduation.</p>
<p>My son did not get a John Carroll scholarship. Someone on College Confidential from his class wrote that they did receive a JC scholarship and asked what that meant. The reply was that it meant the student’s need was greater than some figure like $25,000 per year. Our need was less than that so in some sense that response made sense.</p>
<p>Georgetown University expects people to use current income, savings, student work study, and minimal loans in a typical financial aid package. Many people have commented on CC that for those with a lot of need, the school’s package is extremely competitive and generous and exceeded their expectations. My personal experience has been that the net price calculator showed Georgetown to be competitive with most or all other similar universities except for extraordinarily generous Harvard, Yale, Princeton, etc. My net price calculator for Penn was right with Georgetown.</p>
<p>The President of Georgetown was on CNBC quoting something like “1/2 of our students receive 1/3 of their tuition” paid for. In round numbers, let’s assume your calculation shows you will pay $40k and the school will give you an aid package totaling $20k, then you should not hope for the JC scholarship. And the $20k will be comprised of roughly $3k in loans, $2k in work study and possibly $15,000 grants that do not need to be repaid. This is just an example. </p>
<p>Naturally, many people with the above situation think “how can I possibly pay the $40k each year?” And that question is not unique to Georgetown, it is on every private university forum on College Confidential.</p>
<p>Okay, thanks! So what exactly is the difference between the two scholarships, the 1789 and the Carroll? Our EFC is ~$30K, would we eligible for either or is our need not enough? I’m still looking for how many of the Carroll’s they give out if anyone knows.</p>
<p>I’m pretty sure the two scholarships are the same thing. GSP is for very high need students. There’s a few hundred students in the program. An EFC of thirty thousand dollars is around… thirty thousand dollars more than the EFC of most students in GSP.</p>