Post Tagged with: "financial aid"

Support for All Students

Georgetown’s recent increase in financial aid represents a commitment to low-income students that goes beyond money and seeps into most aspects of Georgetown’s admissions office. From recruitment tactics to four-year support on campus, under-resourced Georgetown students receive support, unlike students at most universities nationally.  According to U.S. News and World[Read More…]

by March 1, 2016 1 comment Editorial, Opinion, Opinion - Top

Historic Financial Aid Increase Announced

Despite Georgetown University’s relatively low endowment, the Georgetown Board of Directors announced its approval of the university’s largest-ever increase in financial aid for students in the coming academic year Feb. 16. Georgetown will invest over $177 million next year in financial aid, a record increase of eight percent from this[Read More…]

by February 26, 2016 0 comments City News, News, News - Top

Housing Guarantee, Eligibility Clarified

The university announced a four-year on-campus housing guarantee for students with high financial need this fall, in a move that is expected to help around 150 seniors with high financial need. Included in the announcement were other housing eligibility changes related to the three-year on-campus housing requirement that will be[Read More…]

by October 3, 2014 0 comments Campus News, News, News - Top

Loan Reforms Extend Eligibility

President Obama expanded the federal “Pay As You Earn” program for federal student loan borrowers through executive order this summer, allowing those with loans borrowed before 2007 to be eligible. Under PAYE, monthly payments on student loans will be capped at 10 percent of the borrower’s income, and the balance[Read More…]

by September 9, 2014 0 comments City News, News, News - Top

Senior Housing Certainty

Although Georgetown has long boasted that it meets 100 percent of students’ demonstrated financial need, this aid still came into question for some seniors. Because housing eligibility is not guaranteed for seniors, some students have gone months without knowing where they are going to live, or if their financial aid will[Read More…]

by August 29, 2014 0 comments Editorial, Opinion, Opinion - Top

GU Bucks Tuition Trends

Although college tuitions continue to skyrocket nationwide, the rate at which average college fees rose this year was the lowest in 30 years, the College Board reported Oct. 23. Georgetown, however, diverged from this trend. Tuition rose 3 percent, 3.5 percent and 4.5 percent in 2011, 2012 and 2013, respectively.[Read More…]

by December 6, 2013 0 comments News
GWU Cited for ‘Need Blind’ Deceit

GWU Cited for ‘Need Blind’ Deceit

After news broke earlier this week that The George Washington University had misrepresented its admissions policy as need-blind, GWU responded that it is not able to cover all need because of its relatively small endowment of $1.375 billion. Despite Georgetown’s smaller endowment of $1.286 billion, university officials maintained that financial background never[Read More…]

by October 25, 2013 0 comments City News, News

Obama Proposes Financial Aid Reform

In order to increase college affordability, President Barack Obama announced a proposal to reform the allocation of federal financial aid Aug. 22. Obama’s proposal calls for student aid to be based on the value of a college education as determined by a new ranking system. The new college-ranking system, which[Read More…]

by August 27, 2013 0 comments City News, News

Student Loan Interest Rates Double

Interest rates on federally subsidized student loans doubled from 3.4 percent to 6.8 percent Monday after Congress failed to come to an agreement before the July 1 deadline. The increased rate for subsidized Stafford loans, available to undergraduates with demonstrated financial need, came after  a one-year extension of current rates[Read More…]

by July 1, 2013 0 comments City News, News

FAFSA Changes Reporting Guidelines for Parents

The 2014-2015 Free Application for Federal Student Aid will include non-gender-specific options for financial aid applicants to describe their parents’ income and general information, regardless of gender or marital status, the U.S. Department of Education announced Monday. Students will be able to describe their parents with terms such as “stepparent”[Read More…]

by April 29, 2013 0 comments City News, News