<p>Does 48,000 a year sound a little overpriced to anyone? I heard something about Bates College being almost that expensive but they pretty much took off five or ten thousand unless your income was above lik 150,000. Does GW do anything like this? (automatic merit aid)</p>
<p>all i know is that GW does offer most of its accepted students a good financial package to those who need it.</p>
<p>I agree with that... They usually met around 90-95% of my need. They're not as generous as the Ivies or anything, but GW gives a lot more money than certain other schools (like NYU).</p>
<p>My family actually has a fairly high income level, about 120,000 a year, but there are four kids in my family and my parents cannot afford 200,000 a year (800,000 total), for GW. What kind of financial aid can I expect to receive?</p>
<p>Depends on what your EFC was on your FAFSA.</p>
<p>haaaaaaa their cost is higher than my income...</p>
<p>finding out what my financial aid package should be interesting</p>
<p>Just to throw my two cents in, I was admitted EDI and was extremely disappointed with my estimated financial aid from them. My family is typical middle class, and we by no means have the $200,000 to pay for GW (minus the $4,000, yes only $4,000 that they're giving us).</p>
<p>I hear people talk about how great GW is with financial aid, but honestly, every other person who I've talked to from my school who was also accepted had the same reaction. I know that it might be worth it in the end, but don't get your hopes up about the finances unless you have a 1550 and can get a merit award.</p>
<p>To be fair, GW's financial aid office has been somewhat helpful, and has scheduled a meeting with my parents in DC in early april to discuss the appeal.</p>
<p>Anyway, that's just my experience, others may be happier with their package.</p>
<p>That's really weird...</p>
<p>My best friend is like solidly middle class too... She received like $15,000 in grants.</p>
<p>I'm really poor, so they gave me like $35,000 in grants.</p>
<p>I'm not really sure how it works. My mom was shocked when they saw the numbers, and said they thought a bad package would at least give us 10 or 15. I got some $2,000 stafford loan too i think. Anyway, my parents are pretty hopeful that talking to them in april will help, especially because of family circumstances not seen by just our tax return (both parents nearing retirement, dad has serious health issues).</p>
<p>i hail from a middle/working class single parent household and i pay about 6,000 a year. It all depends ya know...</p>
<p>Yeah, actually I have an update. My parents went down to speak with someone at the financial aid office this past friday and because of it we're getting nearly $12,000 more in aid (all grants/work-study!)</p>
<p>So if you're disappointed with your package I suggest talking to them in person, they were extremely receptive.</p>
<p>that's great! congrats!</p>
<p>My daughter was accepted into the Elliot School of International Affairs for the fall 2006, however we are not getting one penny of either financial or merit aid - Her gpa was 5.8/6.0, however I guess her SAT's weren't high enough. That said, I guess we are expected to pay out of pocket over 200,000 for this education. I am curious whether other people are actually paying 50,000+ per year out of pocket? We are middle class with one income, we put some money away for college but it won't cover nearly the 200,000. My daughter wants to go to GW, but I am trying to understand the value and what we will get for the 200,000, when she can go to The College of New Jersey (actually ranked higher than GW - Peterson's/Barrons) for less than 20,000/year. What is the payback of a GW education for 200,000? Any thoughts/comments, experiences? Thanks</p>
<p>GW does offer a scholarship for continuing students. If your daughter get's a 3.7 after 30 credits, she'll be eligible for a $12,000 for the next year. So, it does pay to work hard.</p>
<p>For those taking out loans, do you pay them off every month?? I'm not sure how it works</p>
<p>$200,000 a year for GW?? Did I read that correctly? Thats really outrageous! I didn't think any colleges were that expensive!</p>
<p>It's more like $50k per year with fixed tuition. $200k in total costs for 4 years.</p>
<p>If you are talking about my post, I meant 200,000 a person, and there are four kids in my family, so 800,000 total.
Sorry for the typo</p>
<p>GW actually has a "sibling discount". If two siblings attend full-time undergrad at the same time, one sibling will get half-tuition. It's called the GW Family Grant. <a href="http://gwired.gwu.edu/adm/financial/scholarships.html%5B/url%5D">http://gwired.gwu.edu/adm/financial/scholarships.html</a>.</p>
<p>Just wanted to add something... In addition to the sibling discount, I believe the FAFSA does take into account the # of people in college for financial aid purposes.</p>