Georgetown University in Washington, D.C. is one of the leading academic and research institutions in the U.S.. This guide will provide insights into the university’s admissions requirements, the Georgetown acceptance rate, tuition, financial aid, and more.
Total Cost of Attendance
In 2021-2022, Georgetown tuition and other expenses were:
• Tuition and fees: $59,957
• Books and supplies: $1,200
• On-campus room and board: $17,758
• Other fees: $2,600
• Total on-campus expenses: $81,515
In 2020-2021, 53% of first-time, full-time undergraduates received some kind of financial aid, including student loans. More specifically:
• Grant or scholarship aid: 42% of students received this type of aid with an average award of $36,711
• Federal grants: 26% of students received this type of aid with an average award of $6,971
• Pell grants: 14% of students received this type of aid with an average award of $4,820
• Other federal grants: 25% of students received this type of aid with an average award of $4,709
• State/local: 1% of students received this type of aid with an average award of $2,814
• Institutional: 41% of students received this type of aid with an average award of $32,880
• Student financial aid: 22% of students received this type of aid with an average amount of $7,863
• Federal student loans: 20% of students received this type of aid with an average amount of $3,246
• Other student loans: 3% of students received this type of aid with an average amount of $34,459
Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students that qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.
The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:
• Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, and financial need.
• Grants: Generally based on financial need, these can come from federal, state, private, and non-profit organizations.
• Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.
• Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.
Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state and federal and school deadlines may differ.
You can find other financial aid opportunities on databases such as:
• US Department of Education – Search for grants from colleges and universities by state
• College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid
Private Student Loans
Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or state-affiliated organizations. While Federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.
What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.
Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for as it generally may have better rates and terms.
If you’ve missed the FAFSA deadline or you’re struggling to pay for school throughout the year, private loans can potentially help you make your payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.
Recommended: Guide to Private Student Loans
Projected 4-Year-Degree Price
Here’s some Washington D.C. Student Loan & Scholarship Information for you.
Undergraduate Tuition and Fees
In 2021-2022, Georgetown University’s tuition costs and total expenses for undergraduates were:
• Tuition and fees: $59,957
• Total on-campus expenses: $81,515
In 2020-2021, the average total expenses for a four-year private university in the U.S. was $54,500, making Georgetown’s price 50% higher.
Graduate Tuition and Fees
In 2020-2021, Georgetown University tuition for graduate students was $54,672 ,with fees of $456, for a total of $55,128. The average tuition for graduate students at private universities was $28,430. This makes the Georgetown tuition 92.3% higher. Graduate loans can help with this cost.
Cost per Credit Hour
In 2022-2023, the undergraduate costs per credit hour at Georgetown is $2,578. Graduate students will pay $2,280 per credit hour.
Campus Housing Expenses
In 2021-2022, on-campus room and board costs at Georgetown were $17,758.
First year students can stay in a residence hall or in one of the 17 Living Learning Communities. Students can also apply to the Capitol Applied Learning Lab (CALL) program where they’ll live in Washington D.C. while interning during the day and taking night classes.
Graduate students can live in Georgetown’s graduate housing, which is located a few blocks from the U.S Capitol. Or, they can rent an apartment off campus.
Georgetown University Acceptance Rate
In 2021-2022, Georgetown had 27,629 applicants. The Georgetown University acceptance rate was 12%, making the school selective.
You can apply to Georgetown here. The early action due date is November 1 of the prior year, and regular decision applications are due on January 10 of the academic year.
Along with their application, students will need to provide transcripts, a teacher’s recommendation, and the results of either the SAT or ACT. Academics are the most important consideration in the admissions process, but personal qualities and accomplishments outside of the classroom are also key.
SAT and ACT Scores
Applicants need to submit either SAT or ACT test scores.
In fall 2021, 64% of applicants submitted SAT scores and 38% submitted ACT scores. The 25th and 75th scores were:
Popular Majors at Georgetown University
In 2021, 1,742 undergraduates received degrees. Here are some of the most popular majors at Georgetown.
1. International Relations and Affairs
2. Political Science and Government
6. Science, Technology, and International Affairs
7. International Business
8. English Language and Literature
9. Political Economy
UVA Graduation Rate
• 4 years: 90%
• 6 years: 95%
Post-Graduation Median Earnings
SoFi Loan Products
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SoFi Private Student Loans
Please borrow responsibly. SoFi Private Student Loans are not a substitute for federal loans, grants, and work-study programs. You should exhaust all your federal student aid options before you consider any private loans, including ours. Read our FAQs. SoFi Private Student Loans are subject to program terms and restrictions, and applicants must meet SoFi’s eligibility and underwriting requirements. See SoFi for more information. To view payment examples, click here. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. SoFi Lending Corp. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.
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