A lot of students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Georgetown University can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial aid solutions can Georgetown deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to find out how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Georgetown University.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at Georgetown University, 44% of entering full-time freshmen got some type of financial assistance some 710 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 33% | $49,658 |
| Institutional grants & scholarships | 33% | $47,972 |
| Federal Pell grants | 8% | $5,489 |
| State/local grants | 1% | $1,811 |
| Federal student loans | 18% | $3,464 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Georgetown, some 34% of undergraduate students received gift aid averaging $46,087 (covering around 2692 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 34% | $46,087 |
| Federal Pell grants | 10% | $5,428 |
| Federal student loans | 18% | $4,744 |
For students living on campus and receiving title-IV aid, grants averaged $47,926.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $7,416 |
| $30,001 – $75,000 | $11,484 |
| Over $75,000 | $51,985 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $40,815 |
| Off-campus title-IV students | $39,433 |
To get a personalized net price estimate, try Georgetown’s online cost calculator: [finaid.georgetown.edu/consumer-info#Net Price](https://finaid.georgetown.edu/consumer-info#Net Price).
The median student at Georgetown graduates with $13,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $13,500 |
| Median federal debt (graduates only) | $15,500 |
| Typical 10-year monthly payment (graduates) | $164.33/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at Georgetown.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,869 |
| 25th percentile | $7,270 |
| 75th percentile | $19,810 |
| 90th percentile (highest-debt students) | $25,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $10,000 |
| Middle income | $13,500 |
| High income | $14,750 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,000 |
| Continuing-generation students | $14,750 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,500 |
| Independent students | $12,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Georgetown.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Georgetown:
| Metric | Value |
|---|---|
| Stafford loan recipients | 40120 |
| Total Stafford loan amount | $1,594,835,175 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 266 |
| Total GI Bill amount | $6,818,133 |
| Average GI Bill amount per recipient | $25,632 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 13 |
| Total DoD amount | $56,731 |
| Average DoD amount per recipient | $4,364 |
References
More about our data sources and methodologies.