Georgetown University Financial Aid and Scholarships
Students Receiving Aid
42%
Total Aid Amount
$124.938M
Financial Aid Official Website
finaid.georgetown.edu/
It is interesting to note that, every year, around 55% of students at GU receive some kind of financial aid, while the total amount of assistance/loans provided is $8,924,579. For additional information about financial assistance schemes, one can head over to GU’s financial aid page at http://finaid.georgetown.edu/. The total percentage of candidates applying to Georgetown University who receive the Federal Grant is 15%. On the other hand, 45% of the candidates get the Student Grant, 44% receive the Institution Grant, and 14% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $8,129, while the same comes to $1,860 for State Grant receivers and $43,685 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,670. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $63,256 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $60,643 and $55,965, respectively. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $44,240. And, for those with a family income of more than $110,000, the amount stands at $22,130. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 28% of the applicants to Georgetown University opt for student loans.
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