In 2022, tuition for full-time students at Georgetown was $64,896 a year.
Tuition increased 4.89% in 2023–from $61,872 the prior year. Usually, college tuition rises about 3% year.
Remember, the displayed price of tuition does not always mean much if you plan to use financial aid to help pay for college. Many students find the actual cost of college is a lot less than the sticker price after grants, scholarships, and tuition discounts are applied. And, student loans can make thecost of college more manageable until after graduation.
Georgetown University meets 100% of the demonstrated financial need for undergraduates. First-year students that attend Georgetown University full-time are awarded $49,953 a year in financial aid, on average.
Graduates in the class of 2023 had an average of $25,512 in student loans per borrower.
Georgetown University is a private, religious institution, which means it has the same tuition for students from DC as it does for students who live in other states.
Public schools receive funds from the state to help them cover costs. These institutions offer reduced tuition for those who qualify as DC residents.
Attending a school where you are eligible for the reduced tuition offered to state residentscan drastically reduce the cost of tuition, as well as loans and interest owed. Don't forget to check your state's requirements for as an in-state resident. Each state has different requirements to qualify as in-state resident. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be other criteria as well, depending on the state you and your parents currently reside in.
Georgetown University has the same tuition for international students as for those from out of state.
International students are not eligible for federal financial aid, but may qualify for private or school-specific aid and scholarships. International students who demonstrate financial need may be eligible for the following types of financial support at Georgetown University:
•On-campus jobs •Loans from outsideGeorgetown University •Athletic Awards •Georgetown University-specific scholarships
In addition to tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Georgetown University.
Housing and campus dining at Georgetown University costs $19,352 a year. This number covers the cost of living in dorms or other on-campus housing, and a dining plan that enables you to eat in the school dining halls.
Meal-plan costs may vary depending on the number of meals you intend to eat on-campus
The cost of books often surprises first-year college students. The actual cost of books depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
The majority of colleges also have fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.
There may be other costs associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Many schools have resources so that those who may struggle to participate because of cost can find ways to lower or eliminate these costs.
The total cost of transportation in college depends on a few key factors. Will you take a subway, car or an airplane to get to school? Will you need to pay to park on-campus? Is the campus small enough that you can easily walk from class-to-class?? Do you own a car, or are you planning to use public transportation? All of these questions can drastically impact your estimated cost of transportation. At Georgetown University, freshman are not allowed to park on campus.
The location of a college or university can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in a city is sometimes costly, but cities may offer more trains, busses and affordable flights to actually get to school. Georgetown Universityis in a city in DC, not far from Washington.
When budgeting for college, don’t forget to consider personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s look at the breakdown of all expenses, to get a better estimate of what is really costs to go to Georgetown University.
What will the cost of attending Georgetown University be? Here is a breakdown of tuition and expenses.
|2023 Total Tuition and Expenses|
|Room and Board||$19,352|
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
|Total Estimated Costs|
The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.
In 2023, 2,347 of the 7,900 undergrads enrolled received financial aid. Georgetown University meets 100% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $49,953 a year. Around 34% of Georgetown University undergrads take out student loans to cover any remaining costs. Georgetown University graduates who have student loans graduate with an average of $25,512 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Georgetown University Students|
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Georgetown University financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2023, Georgetown University awarded 2,163 need-based scholarships to students, giving away total of $105.2 million to help students with financial need cover the cost of school. An additional $1.1 million in merit-based scholarship money was awarded to students without demonstrated financial need.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for Georgetown University students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at Georgetown University was $49,953 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Georgetown University seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Georgetown University really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Georgetown University's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.
Check the financial aid website for more information on payment plans and tuition waivers.
An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.
For more information about Georgetown University's endowment, check with the school directly.
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