Outside Benefits
Outside Scholarships
An outside scholarship is money awarded to a student from external organizations outside of the University. They often consist of funds awarded from local business, a student’s high school, state grants, community nonprofits, a service organization, religious organization etc. Other benefits received that are considered as outside resources are ROTC benefits, RA Benefits, and non-GU Tuition Benefits.
Georgetown University meets full financial need therefore, financial aid packages may need to be adjusted if outside funding is received. Under federal law and Georgetown University policy, you must report all tuition benefits you expect to receive to OSFS, as they are considered resources available towards meeting your financial need and overall cost of education. This notification is to ensure accuracy of one’s financial aid package.
Report your Outside Scholarship at the following link:
Students will be notified if adjustments to a Financial Aid Offer is required and this notification will reflect the reported outside resources.
The following (in order) may be reduced or eliminated as part of financial aid adjustments:
- Student Expected Contribution
- Federal Loan
- Federal Work-Study or Campus Employment
- University need based Scholarship
Adjustment Examples
No Outside Scholarships reported | |
---|---|
Outside Scholarship | $0.00 |
Student Contibution | $2,200 |
Federal Work Study | $2,800 |
Federal Loan | $2,500 |
Need Based GU Scholarship | $38,000 |
$2,000 Outside Scholarship | |
---|---|
Outside Scholarship | $2,000 |
Student Contribution | $200 |
Federal Work-Study | $2,800 |
Federal Loan | $2,500 |
Need Based GU Scholarship | $38,000 |
$5,000 Outside Scholarship | |
---|---|
Outside Scholarship | $5,000 |
Student Contribution | $0 |
Federal Work-Study | $0 |
Federal Loan | $2,500 |
Need Based GU Scholarship | $38,000 |
$8,000 Outside Scholarship | |
---|---|
Outside Scholarship | $8,000 |
Student Contribution | $0 |
Federal Work-Study | $0 |
Federal Loan | $0 |
Need Based GU Scholarship | $37,500 |
*Exceptions:
- Veterans benefits is an exception to this policy and may be in addition to Georgetown University financial aid, up to the full cost of attendance. GU Need Based scholarship may be reduced however federal aid will not be adjusted.
- Georgetown University Tuition benefits replace GU Need based Scholarship dollar-for-dollar and do not reduce the loan or work-study in financial aid offer.
Resident Assistants (RAs)
RAs will be credited with both full room costs as well as a full meal plan of their choice. Federal law and university policy require that the value of RA benefits be considered when determining your financial aid eligibility. The amount of your RA benefits will be used to first reduce expected Student or Family Contribution, then student loans and/or your Federal Work-Study award. Then if federal financial aid regulations permit, there may be an adjustment to the Georgetown need based Scholarship.
If you have questions about how being an RA will impact your financial aid award, please contact your financial aid team.
Tuition Benefits
Under federal law and Georgetown University policy, you must report all tuition benefits you expect to receive to OSFS, as they are considered resources available towards meeting your financial need and overall cost of education. For undergraduate students receiving Georgetown University Scholarship, Georgetown Tuition Assistance Program (TAP) benefits will replace this scholarship on a dollar-for-dollar basis. The Office of Faculty and Staff Benefits determines your eligibility for the Georgetown Tuition Assistance Program (TAP).
Tuition benefits external to Georgetown are considered a resource and we may be required to revise your financial aid award. You should contact your representative in the OSFS to discuss how your benefit will impact your aid.
Veterans Benefits
The Office of Student Financial Services works closely with the Georgetown University Veterans Office to connect student veterans with the resources they need to successfully transition from combat to classroom to career. To determine if you qualify for veteran benefits and to ask any other questions regarding your eligibility, please contact the veterans office directly. Once you have determined whether you are eligible for VA funding, contact your OSFS counselor to report this benefit and learn how it may impact other components of your financial aid.