Student Loans for George Washington University Students
About George Washington University
At The George Washington University, or as most know it, GW, the capital is your oyster. Its main campus in Foggy Bottom, just blocks from the White House, and the university’s proximity to global movers and shakers has contributed to its growth as a strong academic institution with a bent for the political. GW holds many famous individuals among its alumni base, including countless politicians, Alec Baldwin, and Jackie Kennedy, which is pretty cool, if you ask us. Also, the University has relationships with many federal organizations and think tanks in the District, so there are always lucrative internship opportunities to be had.
DC is a very cool city, but as is usually the case with very cool cities, the cost of living there can get pretty expensive. To begin with, GW housing isn’t cheap, but the smaller day-to-day expenses like meals out and Metro fare can add up quickly to take a huge chunk out of your budget. If you’re on GWU financial aid, you can’t afford to spend unnecessarily, so take care to watch your spending pretty closely! Also, in a city as large as DC, there’s always cool stuff going on for free, you just have to hunt for it.
Applying for GW Financial Aid
GW requires two forms from applicants for financial aid: the Free Application for Federal Student Aid (FAFSA), which is required at every school in order to be considered for aid, and they also require applicants submit the CSS/Financial Aid Profile, a form used by certain private colleges and universities to assess families’ financial need. Since aid is often first-come, first-served, at least in regards to ‘free money’ awards, such as grants and scholarships, it’s important to submit these forms as soon as you can in order to
The high cost of a GW education means financial aid is necessary for many students: more than half of undergraduates at GW
receive some form of GWU financial aid, though institutional aid is not always enough for these students. For a good number of students, federal loans are a necessity to cover the cost of their GW education, and for others still the combination of federal loans and GWU financial aid is not enough to fully cover their costs.
If you are in a situation where your federal and institutional aid still leaves you short of your tuition requirement, consider taking out a private student loan to cover the financial gap. To find the private loan that is best for you, check out our student loan comparison tool above.
What is the Family Financing program that is offered by the GW Financial Aid office?
The GW Financial Aid program offers Family Financing options. The GW Financial Aid program allows parents of students who are enrolled at least half-time and who maintain good academic standing to apply for the federal PLUS loan, in addition to a variety of other federal and institutional grants, scholarships, and loans. These Family Financing options were designed by the GW financial aid office with the intention of making a GW education affordable and attainable to all students who demonstrate the requisite academic prowess to attend GW.
What is included in the Academic Eligibility Confirmation portion of the GWU Financial Aid department’s TEACH Grant Program application?
The GWU financial aid program offers the TEACH Grant Program to students who meet the necessary criteria. One of the major steps in getting approved for this grant is submitting and meeting the standards laid out in the Academic Eligibility Confirmation requirements. In this process, the applicant needs to submit the GSEHD TEACH Grant Guidance Form to the Graduate School of Education & Human Development for review, along with your past academic results. Upon approval, the GWU Financial Aid department instructs the applicant to complete the Free Application for Federal Student Aid (FAFSA) and submit it to the Department of Education.
What should I include in my cost of attendance (COA) estimate when applying for George Washington University financial aid?
Having a cost of attendance (COA) prepared can help students with their George Washington University financial aid application, as having such an estimate gives students and their parents a sense of how much financial aid they will need. Costs worth considering in a COA estimate are tuition, room and board, transportation, stationary, and personal expenses. In addition to these costs, there are several smaller institutional fees that ought to be included in the COA estimate. For a more detailed COA figure and an explanation of each line item, visit the George Washington University financial aid office’s website.
Pay for George Washington University*
|Total Avg. Cost||$54,125|
|Room & Board||$8,082|
|Financial Aid Information|
|Students Receiving Fin Aid||57%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$22,049|
|%Receiving Other Loans||4%|
Get into George Washington University
Contact George Washington University
*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics