What is the average financial aid package for Georgetown University?

First-year students that attend Georgetown University full-time are awarded $49,953 a year in financial aid, on average. Graduates in the class of 2023 had an average of $25,512 in student loans per borrower.

How much financial aid does Georgetown give?

The average need-based scholarship or grant awarded to first-year students at Georgetown University was $48,170. Additionally, 37% of first-year students received need-based financial aid in fall 2021.

Does Georgetown give a lot of scholarships?

Each year Georgetown University awards several hundred need-based scholarships to eligible undergraduates. Individual awards range in value from $1,000 to more than $60,000 per year, depending on the student's financial need.

Why is Georgetown University so expensive?

“The tuition rate reflects a balanced approach to managing rising costs, as well as providing the resources needed for academic and student priorities, new programs and initiatives, and our commitment to minimizing add-on fees,” Provost Robert Groves wrote in a Feb. 21 email to undergraduate students.

Is Georgetown generous with financial aid?

Georgetown University costs $23,049 after scholarships and grants, with 32% of students receiving financial aid and an average aid package of $49,953.

Demystifying the Financial Aid Process

Why is Georgetown so prestigious?

Georgetown is consistently ranked in the top 30 national universities, and its rigorous admissions reflects that. Georgetown's programs in politics, law, international relations, and especially programs within the School of Foreign Service (SFS) have similar admissions requirements to the Ivies.

Can you get a full ride to Georgetown University?

“Fully funding” one student

$1.5 million will create an endowed scholarship fund with income that covers the equivalent of the full cost of attending Georgetown. $300,000 ($75,000/year) across four years will create a current-use scholarship that covers the equivalent of the full cost of attending Georgetown.

What major is Georgetown University known for?

Does Georgetown meet 100% financial need?

Georgetown University meets 100% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student is around $49,953 a year.

How do people afford Georgetown University?

Georgetown is committed to meeting the full demonstrated financial need of eligible students using federal student aid program funds, the outside resources each student may receive, and Georgetown institutional aid from need-based scholarship/grants and loans.

How do people afford Georgetown?

More than half of Georgetown's undergraduates receive some form of financial aid. Your financial aid is determined by subtracting your total family responsibility from your total cost of attendance.

How do I get a full ride scholarship to Georgetown?

Georgetown Scholarship Program (GSP)

This program provides full-tuition scholarships to high-achieving, low-income students who demonstrate exceptional academic potential. The GSP also offers additional resources such as mentorship and support programs to help these students succeed academically and professionally.

How is financial aid at Georgetown?

Financial aid at Georgetown is based on demonstrated need; we do not offer academic or merit based scholarships. To receive consideration for financial aid, students must complete the FAFSA (Free Application for Federal Student Aid) and the CSS Profile (College Scholarship Service).

What is the average amount of financial aid given?

Federal Student Aid data shows that approximately 17.8 million FAFSAs were submitted during the 2020-21 application cycle. Over the last decade, the average grant aid per full-time undergraduate student has doubled, going from $5,190 in 2001 to $10,590 in 2021.

Why is Georgetown Endowment so low?

As the joke goes, the Jesuits thought God would always take care of Georgetown, and that we had no need for money. The other respondent is right: Georgetown thought it didn't need to develop a serious permanent endowment for a long time, and we didn't start on that project until the past 20-30 years or so.

Which Georgetown school is hardest to get into?

Georgetown College saw the lowest acceptance rate, admitting 472 of 5,099 applicants for an acceptance rate of 9.3%. The McDonough School of Business admitted 154 of 1,551 applicants for an acceptance rate of 9.9%. The School of Nursing and Health Studies admitted 64 of 608 applicants for an acceptance rate of 10.5%.

Is Georgetown as good as Ivy?

While not an exhaustive list, “Ivy Plus” universities like Stanford, MIT, University of Chicago, Duke, Caltech, Johns Hopkins, Northwestern, Emory, Vanderbilt, Rice, and Georgetown are considered as prestigious as various Ivy League schools.

How much is full tuition with room and board at Georgetown?

Georgetown University, a prestigious institution, ranks in the top 5% for its tuition and fees, which amount to 62,051 USD per academic year. In addition to this, prospective students should also consider the cost of room and board, which is also in the top 5% with charges totaling 19,352 USD.

How religious is Georgetown?

The classrooms have crucifixes (not often front and center); condoms aren't sold on campus; there is a theology requirement (2 classes); Jesuits do teach class, there are a couple of chapels on campus; about 40% of undergrads identify as Catholic.

Is Georgetown more expensive than Harvard?

Harvard University vs Georgetown University Cost Comparison

For the 2021-2022 academic year, the estimated cost of attendance at Harvard is $78,200, while Georgetown's cost is approximately $77,600. Both universities offer financial aid packages to students with demonstrated need.