Student Loans for George Mason Students

About George Mason University

George Mason StudentsA public university with various campuses across Virginia, George Mason is committed to providing a high quality university education to students at a low cost and with geographical convenience. Founded in 1957, George Mason, or GMU, isn’t exactly as old as some of the other colleges in Virginia (take William & Mary, for instance, in Williamsburg and founded in 1693), but it’s no pushover. In recent years, two professors from its Department of Economics have won a Nobel Prize in Economics, and the school has strong programs in law, comp sci, and creative writing in addition to its (obviously) strong econ program. Despite its academic strengths, if you’ve heard of George Mason, it’s probably because of its men’s basketball team’s Cinderella run in the 2006 NCAA tournament, when the previously unheard-of Patriots squad beat Michigan State, Wichita State, North Carolina, and UConn to make an appearance in the Final Four. Unfortunately, GMU lost to the Florida Gators, who would go on to win it all, but it was an epic run.

We don’t think it makes any sense to spend money on unnecessary stuff when you’re receiving George Mason financial aid, so we won’t want you to fall prey to that mistake of college spending. Here’s what we have to say (we’ll keep it concise): don’t spend your hard earned (or borrowed) money on unnecessary stuff. Trips off-campus to grab dinner with your friends are okay every now and then, and an adventure to D.C. every once in awhile is okay too, but really, really, really be careful with how you spend your money. Sound good?

George Mason Financial Aid Packages

Like any other college or university, George Mason financial aid awards combine student loans, work-study programs, grants, and scholarships to concoct an award that is optimally suited (in the eyes of the aid office and the federal government) to the student’s/family’s financial need. For many students, their award will be just dandy – only 43% take out federal student loans – but for a small percentage (around 6%) of students, private student loans are required to cover the gap between GMU financial aid and the cost of attending GMU. If you’re one of these students, be sure you exhaust all of your aid options before applying for a private student loan, but if you think you’re ready to apply, check out our student loan comparison tool to search and compare a variety of student loans from a variety of top lenders. Once you find the one that’s right for you, you can apply for it directly.

Pay for George Mason University*

Total Avg. Cost $19,314
Tuition $5,840
Room & Board Not Avail.
Financial Aid Information
Students Receiving Fin Aid 65%
Typical Grant Amounts
State/Local $3,656
Federal $4,388
%Receiving Loans 50%
Avg. Other Stud. Loans $11,403
%Receiving Other Loans 6%

Get into George Mason University

Admission Rate 63%
Total Enrollment 32,067
Men 45%
Women 55%
Graduation Rate 64%
Application Fee $75

Contact George Mason University

Address
4400 University Dr
Fairfax, VA 22030-4444(703) 993-1000
Financial Aid Office URL
http://financialaid.gmu.edu
Admissions Office URL
http://admissions.gmu.edu

*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics

 

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