#2 Best Colleges in District Of Columbia

George Washington Tuition & Cost

Washington, District Of Columbia

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How much does it cost to attend?

Sticker Price
Costs for George Washington University
Fee Cost
Books and Supplies$1,400
Other Fees$90
Room and Board $14,300
Other Expenses Budget$1,525

Annual Prices

The annual list price to attend George Washington University on a full time basis for 2018/2019 is $74,160 for all students regardless of their residency. This fee is comprised of $56,845 for tuition, $14,300 room and board, $1,400 for books and supplies and $90 for other fees. Out of state tuition for George Washington University is $56,845, the same as District Of Columbia residents.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend George Washington University when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
Net Price by Income George Washington University
Family Income Net Price Paid
$0 to $30,000$17,614
$30,001 to $48,000$17,924
$48,001 to $75,000$22,287
$75,001 to $110,000$29,282

The average reported annual net price for George Washington University for students receiving grants or scholarship aid was $38,829 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Costs for Similar Colleges

Financial Aid

75% of full-time undergrad George Washington University received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $32,952 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 40% of students received Federal Student Loans averaging $5,247 and 6% of undergrads took out private student loans averaging $25,567.

Finanical Aid George Washington University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $32,952 75%
Institutional Grants and Scholarships $31,651 75%
Pell Grants $4,926 15%
Other Federal Grants $2,008 15%
State and Local Grants $1,629 2%
Federal Student Loans $5,247 40%
Other Student Loans $25,567 6%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to George Washington University, we've modeled a ten year student loan with an original principal value of $111,172. The loan balance of $111,172 is a four year multiple of the $27,793 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $1,061 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $111,172
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $1,060.70
Total Interest Paid $16,112.42
Sum of All Loan Payments $127,284.42

Projected 4 Year Degree Price

4 Year Sticker Price
Year All Residents
1 $74,160
2 $76,641
3 $79,204
4 $81,854

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at George Washington University to be $296,640 - assuming graduation in normal time. The estimation assumes a 3.3% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at George Washington University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,625 $4,875 $6,500

Estimated cost for a class at George Washington University based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at George Washington University versus other colleges.

Tuition Payment Plans Available

George Washington University Payment Plans
Tuition Payment Plan No
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan Yes

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=131469 IPEDS survey data for George Washington University.