by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.
Georgetown University average financial aid offer for freshmen students is $45,570.00. A significant 54% of freshmen benefit from financial aid, with the main type being grants and scholarships.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Georgetown University.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The numbers listed below make reference to help that is offered by Georgetown University.
43% of incoming freshmen (686 total) were awarded scholarships at Georgetown University, averaging $42,803.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 17% of freshmen (267 total) obtained a federal grant, for about $8,721.00 a piece.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 2.79% | $73,203.00 |
| Income 30k-48k | 4.31% | $66,409.00 |
| Income 48k-75k | 5.26% | $63,775.00 |
| Income 75k-110k | 5.07% | $49,246.00 |
| Income 110k + | 14.00% | $25,653.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
696 Georgetown undergrads obtain grant aid (this is about 54% of the entire undergraduate student population). The average amount these students receive is $45,570.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.