Georgetown Public Policy Institute
For the MPM, Georgetown University provides need-based federal financial aid in the form of various federal loan and employment aid programs, such as the Federal Stafford Loan, Federal Perkins Loan, and the Federal Work-Study program. The Georgetown University Office of Student Financial Services administers these need-based assistance programs and private loans offered by banks and other lending agencies.
The 2005-2006 graduate student budget is:
Note: The MPM is a 36 credit degree program. These are the fees expected to be accrued for a full-time student completing the degree in a calendar year (3 semesters).
|
Full-Time Tuition (12 credits) |
$14,724 |
|
Part-Time Tuition (6 credits) |
$7,362 |
|
Yates Activity Fee*** |
$268 |
|
Health Insurance* |
$1,770 |
|
Room and Board (estimated) |
$12,750 |
|
Personal Expenses (estimated) |
$3,630 |
|
Books and Supplies (estimated) |
$890 |
|
Travel (estimated) |
$1,200 |
|
Loan Fees**** |
$554 |
|
Total |
$65,234 |
*Health Insurance is mandatory if you do not have private coverage
**If you enroll for less than twelve credits in any semester your cost of attendance will be revised to include the actual cost of your revised enrollment and your eligibility for aid will be recalculated.
***Charged when a student signs up for 9 or more credits in a semester
****Loan fees are added to the budget if you receive federal loans
These costs are the average cost of attendance used by the GU Office of Student Financial Services to determine eligibility for need-based financial aid; each student's charges will be unique and will vary depending on the student's enrollment status, courses selected, and other variables.
MPM students are eligible to apply for the Bryce Harlow Scholarship Program http://www.bryceharlow.org/scholarship.html. The Bryce Harlow Foundation has established a Graduate Scholarship Program to advance professionalism in the field of business-government relations and service. Several scholarships are awarded yearly to part-time graduate students and cover tuition for up to two graduate courses per year.
Need-based assistance is administered through the University's Office of Student Financial Services. The chief form of federal aid for GPPI students is loans. Financial need is the main determinant in deciding the loan amount granted. U.S. citizenship or permanent resident status is also required for federal loan consideration.
To apply for federal aid, you must complete the Free Application for Federal Student Aid (FAFSA). Please make sure you indicate the Georgetown school code (001445) on the FAFSA form. You can borrow a maximum of $18,500 yearly; up to $8,500 of the loan can be federally subsidized if you demonstrate financial need. The forms can be downloaded via the FAFSA web site at http://www.fafsa.ed.gov and also obtainable at most public libraries, and college and university financial aid offices. It takes approximately two to four weeks for the processing of the FAFSA form and transmission of data to the receiver schools designated on the form.
In addition, applicants should submit a Georgetown University Graduate Student Financial Services Supplemental Form. The supplemental form can be completed online by accessing the graduate student section of the Office of Student Financial Services web site at www.georgetown.edu/students/student-aid.
All U.S. citizens, permanent residents, and resident aliens applying for admission and wishing to be considered for Federal Stafford Loans, Federal Perkins Loans, or Federal Work-Study must be enrolled at least half-time and be making satisfactory academic progress. Aid applications should be received by the Office of Student Financial Services no later than April 1, preceding the academic year in which admission or assistance is desired. Students selected for the Department of Education Quality Assurance Program will be required to submit copies of their most recent federal tax returns as well as verification forms. The Office of Student Financial Services will consider any financial aid from the Graduate School or outside institutions as an available resource when making need-based federal awards. The Office of Student Financial Services reserves the right to revise an aid award to a student receiving a assistantship or scholarship. The Office of Student Financial Services makes awards on a rolling basis in conjunction with admission decisions. Priority will be given to applications completed by April 1. Financial aid awards are not made until a file is complete. Students will receive a Missing Information Letter if their file is incomplete.
Occasionally, GPPI students cannot meet the full cost of attendance through available resources and must borrow the difference by securing an alternative or private loan. A good credit history is an important criterion for qualifying for alternative loans. International students are not eligible for private loans unless the student has a co-signer who is an U.S. citizen or permanent resident currently residing in the United States. Loan terms vary and you should carefully determine which loan program best meets your financial needs. For more information concerning alternative loans, please contact the Office of Student Financial Services.
Georgetown University does not reserve special scholarships for international students. Since U.S. citizenship, permanent resident, or resident-alien status is a requirement for the federally funded programs, international students cannot be considered for Federal long-term loans or Federal Work-Study. International students who require assistance should investigate the possibility of aid through their family, home government, international non- governmental agencies such as the World Bank, or seek private loans if they have a co-signer who is a U.S. citizen currently residing in the United States.
