What does the 20k grant mean? Forum

GermX · Post by **GermX** » Wed Jun 02, 2010 1:32 pm

I got a 20k grant law school tuition grant from George Washington Law School. Does that mean this is 20k I don't need to pay back or anything out of my 70k loan? Because of it is, that is fucking amazing.

GermX · Post by **GermX** » Wed Jun 02, 2010 1:50 pm

Anybody?

R4NDM H3RO · Post by **R4NDM H3RO** » Wed Jun 02, 2010 1:53 pm

Yes. That's what a grant is.

cardinalandgold · Post by **cardinalandgold** » Wed Jun 02, 2010 1:53 pm

I would imagine a grant would be something you didn't need to pay back, at least that was the case for grants I received in undergrad. Just to be sure, I would contact GW Financial Aid to get it straight from them.

GermX · Post by **GermX** » Wed Jun 02, 2010 1:54 pm

^ Yeah I will. Man I didn't expect to get this much from them, that's pretty awesome.

Yes. That's what a grant is.

Sweet =D!!!!!

StrictlyLiable · Post by **StrictlyLiable** » Wed Jun 02, 2010 1:59 pm

Well that doesn't make sense? Is it a scholarship or grant?

03121202698008 · Post by **03121202698008** » Wed Jun 02, 2010 1:59 pm

GermX wrote:I got a 20k grant law school tuition grant from George Washington Law School. Does that mean this is 20k I don't need to pay back or anything out of my 70k loan? Because of it is, that is fucking amazing.

Seriously, you have 500 posts and don't know how a scholarship works? If you have a grant, and meet any stipulations they impose like grades, then it is applied to your student budget and reduces what you have to borrow.

Bert · Post by **Bert** » Wed Jun 02, 2010 2:02 pm

Another question to ask them is whether the grant will be available for all three years (so that you can plan your future finances) -- some schools do not commit to making "grant money" available for all three years, whereas they commit to making "scholarship money" available so long as the scholarship requirements are met each year.

najumobi · Post by **najumobi** » Wed Jun 02, 2010 2:10 pm

StrictlyLiable wrote:Well that doesn't make sense? Is it a scholarship or grant?

grants are usually needbased money you don't have to pay back and scholarships are usually based on merit and also don't have to be paid back.

StrictlyLiable · Post by **StrictlyLiable** » Wed Jun 02, 2010 2:23 pm

[/quote]grants are usually needbased money you don't have to pay back and scholarships are usually based on merit and also don't have to be paid back.[/quote]

Okay that makes sense now. I haven't read many posts dealing grants separate from scholarships so I wasn't sure. Thanks

JOThompson · Post by **JOThompson** » Wed Jun 02, 2010 2:26 pm

Grants need not be repaid. Congrats, GermX.

GermX · Post by **GermX** » Wed Jun 02, 2010 2:32 pm

Thanks=)

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