<p>i just completed my housing application, and i was reading that contract. Despite financial aid,grants, and all, i still need to "find" 10,000 dollars. i am willing to take any amount of loans on my name or on my parent's name, but i have a few questions
1. do i or my parents have to pay a set amount of money every month? (or do we worry about that after i graduate?) is it like "insurance type payment" that you pay every month?
2. does my parent's credit report matter? (it's really crappy...we're still paying for INS fees)
3. does GWU give any scholarship or grants in the next years? something based on GPA or classes?</p>
<p>i'm sure someone else will be able to answer this better then i can..
but i know #3...</p>
<p>IF you already are not on the Presidential Scholarship, after completing a couple of semeseters of something you get some kind of money for getting a GPA over 3.7 or 3.8....Like over 4,000... i think it might just be a one time thing... Look up this on the scholarship page i'm too lazy as it does not apply to me.</p>
<p>IF you already are on the Presidential Scholarship, then after completing 60 hours at GW and you have a 3.7, then you get $4,000 as a one time award.</p>
<p>ALSO if you are the leading type, there are some activity scholarships for the editor of the paper, president of the debate club.. etc., etc. I'm not really sure how much these are.</p>
<p>ALSO being an RA saves A LOT of money. I'm most def gonna be looking into that. It doesn't seem as competative to become an RA as at some of the other schools I was looking at... so yeah I think it's a great option.</p>
<p>12,000 annually if you get a 3.7 or more in your first 30 credit classes</p>
<p>I would call the financial aid office to check the payment schedule on loans. If it's a regular loan taken out in your parents name, it would most likely be like that "insurance-type payment." There might be other loans out there that are different. There is the PLUS loan which is special (i don't know in what way" for parents.</p>
<p>It's all really confusing. I still don't know a lot about it being a rising senior.</p>