GW need-based aid

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
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androstan
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GW need-based aid

Postby androstan » Wed Jan 12, 2011 4:40 pm

GW actually has a significant need-based aid fund, which is surprising since few law schools do.

Has anyone around here received need-based grant(s) from GW? If so I would really, really appreciate a PM. I have to commit to a law school (well, a region of the country, and if I'm in DC I want GW at least) as early as the first couple of weeks in March. Very unlikely I'll have need-based grant information by then. I'm trying to get an idea of how much they may give me so I can make a sound decision.
Last edited by androstan on Wed Jan 12, 2011 4:44 pm, edited 1 time in total.

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WmHooper
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Re: GW need-based aid

Postby WmHooper » Wed Jan 12, 2011 4:43 pm

also interested in this

2011Law
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Re: GW need-based aid

Postby 2011Law » Wed Jan 12, 2011 4:47 pm

Actually, if anybody does have that kind of info, could you please just post what you know. I don't really get the need based aid thing at all really, doesn't just about everyone need to take out loans for law school and thus should qualify for this kind of aid?

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androstan
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Re: GW need-based aid

Postby androstan » Wed Jan 12, 2011 4:54 pm

2011Law wrote:Actually, if anybody does have that kind of info, could you please just post what you know. I don't really get the need based aid thing at all really, doesn't just about everyone need to take out loans for law school and thus should qualify for this kind of aid?


The aid at GW is from $1k to $16k per year, so most people will still need loans.

Additionally, at most schools, there is no need-based grant aid at all. So most students still need loans.

I don't know how GW determines if you're needy enough, but they probably consider your parents' income in addition to your own. They also might consider socioeconomic factors such as parents' highest level of education? I don't know, I'm just guessing. I'd like to hear from anyone who knows anything, even if it's just a 1L who got some need-based aid.

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JennBNYC
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Re: GW need-based aid

Postby JennBNYC » Wed Jan 12, 2011 4:55 pm

Just tagging this because I'm interested as well...

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bk1
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Re: GW need-based aid

Postby bk1 » Wed Jan 12, 2011 4:59 pm

They base it off income/assets of you, your parents (if under 30ish), and your spouse (if married).

They also force you to take out a full Stafford loan (20.5k/year) if you do get need-based.

Also, you are ineligible for need-based if you have a merit scholarship.

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androstan
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Re: GW need-based aid

Postby androstan » Wed Jan 12, 2011 5:09 pm

bk1 wrote:They base it off income/assets of you, your parents (if under 30ish), and your spouse (if married).

They also force you to take out a full Stafford loan (20.5k/year) if you do get need-based.

Also, you are ineligible for need-based if you have a merit scholarship.


Ah okay. I sincerely doubt I'll get any merit-based aid. I'm going PT.

Do you have any idea where the cutoffs are? My wife and I didn't make much last year and we have over a hundred thousand dollars in pharmacy school loans. My mother has zero income. My dad is lower middle class and has a child in college.

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bk1
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Re: GW need-based aid

Postby bk1 » Wed Jan 12, 2011 5:10 pm

androstan wrote:Ah okay. I sincerely doubt I'll get any merit-based aid. I'm going PT.

Do you have any idea where the cutoffs are? My wife and I didn't make much last year and we have over a hundred thousand dollars in pharmacy school loans. My mother has zero income. My dad is lower middle class and has a child in college.


No idea. I was just posting information from their official page:

http://www.law.gwu.edu/Admissions/finan ... rants.aspx

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fatduck
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Re: GW need-based aid

Postby fatduck » Wed Feb 09, 2011 7:54 pm

this thread is relevant to my interests




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