Washington, DC
Private
Admissions Policies
Deposit & decision deadline (class of 2024)
May 1
Test-optional admissions ('20-'21)
Yes
George Washington University works to help students navigate paying for their education. At GWU, students benefit from the Fixed Tuition Program where tuition is guaranteed not to increase for up to five consecutive years of full-time study. George Washington University provides additional financial aid cost information on its cost of attendance page along with access to its net price calculator. Students can access a Financial Aid Glossary to help understand the many new aspects associated with applying for financial aid as well as helpful consumer information and related links.
The Office of Student Financial Assistance at George Washington University provides financial assistance to its incoming and continuing students (Students may also receive awards through the Office of Admissions as well). Some of the awards that students are offered include
federal work-study opportunities, access to private and federal loans, need and merit-based grants, and scholarships. Scholarships can come from GWU via departmental awards,
extra-curricular or athletic-based awards. Another award program that students can hope for is the District Scholars Program which is primarily need-based and provided to local DC students based on a variety of additional criteria.
Other ways that prospective George Washington University can help make higher education more affordable is through tuition benefits as a result of the Tuition Exchange Program or the tuition remission benefits program for employees. Students can also subsidize their housing expenses by applying for membership in the Resident Advisor Program where they can provide mentorship, resources, stewardship, and support to students. More information on the Resident Advisor Program can be found here
Students wishing to use military educational benefits can do so at GWU. Veterans can find additional information on veterans benefits page, too. Students can take advantage of emergency funding in the unfortunate instance where they are facing a financial hardship. There are several applications to choose from that could potentially fit a student’s needs. Students can access payment plans here.
Financial Literacy Initiatives
George Washington University understands the importance of financial resources, education, and financial literacy. Students have access to this comprehensive Financial Literacy Guide. This is a 32-page guide with links to government, state, local and private websites and resources including a list of useful books and references at the end of the document.
Another program available addressing financial literacy is through the George Washington University School of Business’s Global Financial Literacy Excellence Center (GFLEC). The GFLEC website provides a wealth of information for students to take advantage of and learn from, including educational learning and workshop opportunities, videos, research-related information, initiatives (including information on workplace financial wellness, financial literacy, money and risk in the digital age, and millennial financial literacy and fin-tech use along with many others), financial media, financial literacy articles, and financial literacy events. One such event is the Financial Literacy Seminar Series which is a venture that “brings together academics, practitioners, policymakers, and other experts to present and discuss cutting-edge research on financial literacy.”
The total cost of attendance includes tuition and fees, books and supplies, and living expenses.
Tuition (in-state)
$56,935
Tuition (out-of-state)
$56,935
Room and board
$14,300
Books and supplies
$1,400
Fees
$422
Other
$2,600
The average student pays this amount per year.
Percentage of freshman students who receive some form of financial aid.
This school's financial aid meets 84 % of student's demonstrated need.
The average George Washington University merit scholarship for students without financial need
of George Washington University students without financial need receive a merit scholarship
George Washington University offers merit scholarships which are renewable for up to 10 semesters as long as students continue to meet the criteria and the academic progress guidelines for renewal. Students are only allowed to take one scholarship award even if they are awarded multiple. The highest award will be provided to the student. International freshmen are also in the running for these merit scholarships. Awards are determined automatically through admissions process and include several different awards with varying criteria:
Very few students pay the full price. Here's the average cost for students in different income brackets:
Resources
Endowment (2019)
$1,778,559,425
Endowment per enrolled student (FTE)
$74,767
Share of Students Studying Online (Graduate and Undergraduate)
Likelihood that a student moved up two or more income quintiles.
Percent of first-time students receiving Pell Grants.
This is lower than the national average 31.0%
Relative to the market of potential students
Underrepresented
Black
Hispanic
Representative
Native American
Hawaiian
White
Multi-racial
Overrepresented
Asian
The average student takes out this amount in student loans.
The percentage of students that repay their loans within 5 years.
The percentage of students that repay their loans within 7 years.
The percentage of families that default on their loans after 3 years.
After graduation, here's how the average salary of a George Washington University graduate grows over time:
SAT range:
1280 - 1460
ACT range:
29 - 32
Application fee:
$75
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The data and analysis above is sourced from the following reliable third party sources:
For more information, visit our Data page.
Our Financial Health information is designed to provide you with financial data on the private colleges you are considering. Our Post-Covid Resiliency Ratings are based on a data model described in more detail here as well as information from the independent third party sources we list above. Keep in mind, there may be additional public or private data which may make a college or university more or less financially resilient. We recommend that you request the most current financial information from the college or university you are considering so that you will have the most complete and current information available while evaluating the financial health of the institution and to inform your decision making process. All information and data we provide on this site is for informational purposes only and is not an endorsement, guarantee or other recommendation, whether favorable or unfavorable, regarding a particular institution. We make no representation or warranty regarding the information, all of which is provided free of charge and for informational purposes only.