Tuition and Financial Aid FAQ

Tuition and Billing

How much does the Nursing@Georgetown program cost?
Tuition is based on the number of credits for which you register. Current tuition rates can be found on our Graduate Nursing Online Tuition and Fees page.

Are there additional fees assessed on top of tuition?
Additional program fees can be found on the Office of Billing and Payment Services website.

How much is the enrollment deposit?
A nonrefundable $500 tuition deposit is required prior to enrollment.

Can I use financial aid to cover the deposit?
Federal student aid cannot be used to pay the deposit.

Will I be able to view my award package before submitting the deposit?
Yes, you may view your financial aid package before you submit your enrollment deposit.

When will I receive a tuition bill, and when is payment due?
Bills will be issued according to the billing calendar for each semester and will be issued electronically. Students will receive an email notification that a bill has been posted, and they should review the bill for accuracy online at Student Account Services (via MyAccess). Billing and due date information is available on the Office of Billing and Payment Services website.

How does billing work?
Tuition charges for students in the online nursing program are assessed based on the number of credit hours for which they are registered. Bills will be issued electronically and according to the billing calendar for each semester. Students will receive an email notification that a bill has been posted, and they should review the bill for accuracy online at Student Account Services (via MyAccess). The eBill only reflects registration activity up to the billing date. The due date shown on the bill will be final and supersedes any due date posted elsewhere. Real-time account information is also available in Student Account Services.

What are the accepted forms of payment?
Online nursing students may pay online via an electronic check or credit card at Student Account Services (via MyAccess portal). Students may also pay via paper check, cash, money order, or wire transfer. Visit the Office of Billing and Payment Services website for additional information on payment options.

How does my employer go about paying the school?
Your employer, or other third-party entity, will receive an invoice. Prior to invoicing a third-party entity on behalf of a student, documentation detailing the nature of the sponsorship must be submitted by the student and endorsed by the sponsoring entity. To ensure prompt processing, authorizations should be sent via email as PDF attachments to thirdpartybilling@georgetown.edu. For additional information, refer to the “Third Party Billing” section on the Office of Billing and Payment Services website.

Does Georgetown University offer payment plan options?
The Office of Billing and Payment Services offers payment plan options during the fall and spring terms.

What is the process if I’m eligible for a refund?
The Office of Billing and Payment Services generally requires a student’s request in order for a refund to be generated. Students may request a refund whenever total payments to their account exceed total charges. Requests must be submitted online via MyAccess. Further information on the refund process can be obtained from the Office of University Registrar.

Who can I contact at Georgetown University for billing questions?
Direct all billing questions to the Office of Billing and Payment Services. Call 202-687-7100 or email studentaccounts@georgetown.edu.

Financial Aid at Georgetown University

Are internal scholarships available for this program?
There are no internal scholarships available through the Nursing@Georgetown program. However, there are numerous funding opportunities and external nursing scholarships to explore. You are also welcome to independently research financing options that may be available to you through your employer, local agencies, or private organizations.

Are there any school-specific supplemental financial aid forms I need to complete?
There are no Georgetown University-specific supplemental financial aid forms. However, if you plan to apply for federal student aid, you will need to complete the Free Application for Federal Student Aid (FAFSA®), Entrance Counseling, and electronically sign the Loan Agreement Master Promissory Note (MPN) in order for your loans to disburse. Complete Entrance Counseling at StudentLoans.gov.

What is the minimum number of credits required to receive federal student aid?
You must be registered for at least five credits per semester in order to be eligible for federal student aid.

Once admitted, how long will it take to receive my financial aid award package?
Provided you have all the required documents submitted, award letters are available to view and accept two to four weeks prior to the start of class.

How will I receive my financial aid award letter?
Your financial aid award letter will be made available via the MyAccess student portal.

What will my financial aid offer include?
Your nursing financial aid offer includes information on the following:

  • The total cost of attendance for the academic year (tuition, fees, living expenses)
  • The amount of aid offered for the academic year, including outside resources and loans
  • Instructions on how to complete the Direct Loan and Graduate PLUS Loan processes and how to obtain your loan proceeds

What are my next steps once I receive my financial aid offer?
If you are admitted to the program and receive a financial aid offer, you will then need to:

  • Accept the financial aid offer you receive via email (which is not available until you have been officially admitted to the program).
  • Complete the Master Promissory Note (MPN) for desired loans.
  • Complete Entrance Counseling.
  • Complete the credit application for a Graduate PLUS Loan (if desired).

Please note the following:

  • Your financial aid award notification is not your tuition bill. You will receive a separate electronic billing statement from the Georgetown University Office of Student Accounts.
  • The total cost of attendance on your offer letter assumes you want to borrow for living expenses. You may wish to forego borrowing to cover those expenses. Contact your financial aid advisor for more information.

How do I accept my student loans?
You can view, accept, reduce, or decline your financial aid award on the MyAccess portal.

Am I required to accept the full amount that I am offered on my award letter?
No, you can choose to accept all, part, or none of your financial aid award.

Does my Direct Loan eligibility cover the entire cost of the program?
Assuming you are eligible for both the Direct Unsubsidized Loan and the Direct Graduate PLUS Loan, you may borrow for tuition and fees in full for the current academic year.

How soon will loans disburse to my student account?
Federal student loans do not disburse earlier than 10 days prior to the start of classes.

Can I use loans to cover additional expenses (housing, books, supplies, etc.)?
The total cost of attendance (COA) for the academic year includes tuition, fees, and living expenses. If you have eligibility for additional loan funds based on your COA, you are able to use those resources to cover expenses such as books, supplies, and other miscellaneous expenses.

The total COA budget determines your maximum loan eligibility for your first two semesters. The COA budget includes direct expenses (tuition and fees) billed each semester. The budget also includes allowances for indirect expenses (room and board, books and supplies, travel), which are not billed to your student account. However, you may borrow to cover these expenses if you choose.

Total Cost of Attendance Budget Example:

Semester One Tuition and Fees (6 credits) = $11,985

Semester Two Tuition and Fees (7 credits) = $13,981

Room and Board Allowance = $16,000

Books and Supplies Allowance = $2,250

Travel Allowance = $1,400

Loan Fees Allowance = $1,260

Total amount billed for first two semesters: $25,966

Maximum loan eligibility for first two semesters: $46,876

Your initial financial aid award package includes your Federal Direct Loan eligibility for semesters one and two. Students in the Nursing@Georgetown program have $10,250 of Federal Direct Unsubsidized Loan eligibility every semester, including the summer semester. You will also be offered Federal Direct Graduate PLUS Loan eligibility to cover the difference between the Unsubsidized Loan eligibility and the total COA budget.

Financial Aid Award Package Example:
Federal Direct Unsubsidized Loan : $20,500

  • $10,250 Fall
  • $10,250 Spring

Federal Direct Graduate PLUS Loan: $26,376

  • $13,188 Fall
  • $13,188 Spring

Total Financial Aid Offered = $46,876

The Federal Direct Graduate PLUS Loan requires a credit authorization, which is used to confirm you do not have adverse credit history (federal loan default, bankruptcy, etc.). You can complete the PLUS credit application while waiting to receive your financial aid award notification. You will receive the credit decision right away, and credit approvals remain valid for six months. If approved, you have the option of borrowing up to the maximum cost of attendance. If denied, you have more time to appeal the decision or add a credit-worthy endorser.

Can I use loans to cover the On-Campus Intensive (OCI)?
If you have eligibility for additional loan funds/refund, you can use those resources to cover OCI expenses.

Who can I contact at Georgetown University for financial aid questions?
For information regarding program costs, a sample loan disbursement, and general financial aid information, contact Georgetown University’s Office of Student Financial Services.

FAFSA

What is the FAFSA?
The Free Application for Federal Student Aid (FAFSA®) is the application the U.S. Department of Education uses to determine if you are eligible to receive federal student aid.

Where can I find the FAFSA?
The FAFSA is available online at FAFSA.ed.gov. The FAFSA is a free application; you will not be asked to pay.

What is the Georgetown University FAFSA school code?
The Georgetown University FAFSA school code is 001445.

Do I need my parents’ tax information to complete the FAFSA?
If you are applying for graduate school, you are considered an independent student and do not need to include your parents’ information to complete the FAFSA.

What is the Expected Family Contribution (EFC)?
The Expected Family Contribution (EFC) is the amount that you are expected to contribute toward your educational costs as an undergraduate/dependent student. Graduate and professional students are considered independent for the purpose of federal student aid; therefore, income and need are not analyzed in order to be eligible, and you are not required to report parental information on the FAFSA.

When should I complete the FAFSA?
The FAFSA is available every October for the upcoming academic year. If you are planning to use federal student aid, you should complete your FAFSA while applying for admission. The FAFSA must be completed each academic year to remain eligible for federal student aid. Complete the FAFSA that corresponds with your program specialization and desired start date:

AG-ACNP

  • FAFSA Year 2018–2019 to start in September 2018
  • FAFSA Year 2018–2019 to start in January 2019
  • FAFSA Year 2018–2019 and 2019–2020 to start in May 2019

FNP, NM/WHNP, WHNP

  • FAFSA Year 2018–2019 to start in September 2018
  • FAFSA Year 2018–2019 to start in January 2019
  • FAFSA Year 2018–2019 and 2019–2020 to start in May 2019 or July 2019
  • FAFSA Year 2019–2020 to start in September 2019

What constitutes an academic year for federal student aid?
An academic year is the year for which financial aid is used to fund your education. Generally, this is the 12-month period that begins on July 1 of one year and ends on June 30 of the following year.

What federal student aid is available to graduate students?
The types of federal student aid graduate students are eligible to apply for include the Federal Direct Unsubsidized Loan and the Federal Direct Graduate PLUS Loan. Learn more about the types of federal student aid.

Will I need to fill out the FAFSA each year?
Yes, you will need to complete the FAFSA for each academic year in which you plan on applying for federal student aid.

Why am I not eligible for the Pell Grant or Direct Subsidized Loan?
The U.S. Department of Education awards Federal Pell Grants and Direct Subsidized Loans to eligible undergraduate students who have not yet completed their bachelor’s degree and who demonstrate financial need. The U.S. Department of Education does not evaluate need or income for loans at the graduate/professional level. Therefore, graduate students are not eligible for the Federal Pell Grant or the Direct Subsidized Loan.

Direct Unsubsidized Loan

What criteria is used to determine eligibility for federal student aid?
The Direct Unsubsidized Loan is not based on income. In order to apply for federal student aid (FSA), you must:

  • Be a U.S. citizen or eligible noncitizen
  • Have a valid Social Security number
  • Be registered with Selective Service, if you’re male (ages 18–25)
  • Be enrolled or accepted for enrollment in an eligible degree program
  • Be enrolled at least half time in an eligible program
  • Maintain satisfactory academic progress
  • Not currently be in default on previous student loans borrowed through FSA
  • Not have exceeded the maximum aggregate loan limit

Learn more about federal student aid eligibility criteria at StudentAid.ed.gov.

What if I am currently in default or have defaulted on a prior federal student loan?
Visit the National Student Loan Data System (NSLDS) and contact your lender for details on how to clear the default. Students in default are not eligible for additional federal loans until the default is cleared.

What is the aggregate loan limit?
The aggregate loan limit is the total amount that you may borrow for undergraduate and graduate study. In addition to borrowing limitations based on the cost of attendance for the program, students are also limited in terms of lifetime borrowing. The aggregate loan limit for all federal loans, including undergraduate and graduate study, is $138,500. You can learn more about aggregate loan amounts on the Federal Student Aid website.

How do I find out if I am near my aggregate loan limit?
You may visit the National Student Loan Data System website to view your federal student loan borrowing history. Please note that private education loans are not listed on this site.

What is the difference between a Direct Unsubsidized Loan and a Direct Subsidized Loan?
Direct Subsidized Loans are available to undergraduate students with financial need. The U.S. Department of Education pays the interest on subsidized loans while students are enrolled in their undergraduate program. Direct Unsubsidized Loans are available to undergraduate and graduate students; there is no requirement to demonstrate financial need. The Unsubsidized Loan begins accruing interest as soon as funds are disbursed. Learn more about the difference between unsubsidized and subsidized loans.

How much am I eligible for in the Direct Unsubsidized Loan?
Most graduate-level students are potentially eligible to receive up to $20,500 per academic year in the Direct Unsubsidized Loan. Learn more about graduate annual loan limits.

How do I apply for the Direct Unsubsidized Loan?
To apply for the Direct Unsubsidized Loan, you must complete and submit the Free Application for Federal Student Aid (FAFSA®).

What is the current Direct Unsubsidized Loan interest rate?
The Direct Unsubsidized Loan interest rate is determined at the beginning of each academic year and is available on the Federal Student Aid website.

Are there any additional loan fees for the Direct Unsubsidized Loan?
There is a loan origination fee that is a percentage of the total loan amount. The loan origination fee is deducted proportionately from each loan disbursement you receive. Information on Direct Unsubsidized Loan origination fees can be found on the Interest Rates and Fees page of the Federal Student Aid website.

Direct Graduate PLUS Loan

What is the Direct Graduate PLUS Loan?
The Direct Graduate PLUS Loan is a federal loan that graduate or professional degree students can use to help pay education expenses in addition to the Direct Unsubsidized Loan. Learn about Direct PLUS Loans.

What are the eligibility criteria to apply for the Direct Graduate PLUS Loan?
The Direct Graduate PLUS Loan is based on credit history. In order to be eligible to apply, you must:

  • Be a U.S. citizen or eligible noncitizen
  • Have a valid Social Security number
  • Be registered with Selective Service, if you’re male (ages 18–25)
  • Be enrolled or accepted for enrollment in an eligible degree program
  • Be enrolled at least half time in an eligible program
  • Maintain satisfactory academic progress
  • Not currently be in default on previous student loans borrowed through FSA
  • Not have exceeded the maximum aggregate loan limit
  • Not have an adverse credit history

Do Direct PLUS Loans affect my aggregate loan limit?
Only Direct Subsidized/Direct Unsubsidized Loans (formerly referred to as Stafford loans) and federal loans made through the Federal Family Education Loan (FFEL) Program count toward your aggregate loan limit.

What are the credit criteria to receive the Direct Graduate PLUS Loan?
One of the eligibility requirements to receive a Graduate PLUS Loan is that you must not have an adverse credit history. A credit check is performed to determine whether a Graduate PLUS Loan applicant meets this requirement. A list of what constitutes “adverse credit history” can be found on the Federal Student Aid website.

How much can I borrow from the Direct Graduate PLUS Loan?
If approved for the Graduate PLUS Loan, you can borrow up to the cost of attendance as determined by Georgetown University.

When can I apply for the Direct Graduate PLUS Loan?
You can apply for the Graduate PLUS Loan within 180 days prior to the start of your program or once you are enrolled.

How do I apply for the Direct Graduate PLUS Loan?
To apply for the Direct Graduate PLUS Loan, you must first complete the Free Application for Federal Student Aid (FAFSA®). Once you have completed the FAFSA, you can apply for the Direct Graduate PLUS Loan by completing the credit application on the Federal Student Aid website. Also complete the Graduate PLUS Loan Agreement Master Promissory Note (MPN).

What are my options if I’m denied the Direct Graduate PLUS Loan?
If you are denied the Graduate PLUS Loan, you may reapply with an endorser or follow instructions on the U.S. Department of Education’s website to appeal the denial.

What is the Direct Graduate PLUS Loan current interest rate?
The Direct Graduate PLUS Loan interest rate is determined at the beginning of each academic year, and is available on the Federal Student Aid website.

Are there any additional loan fees for the Direct Graduate PLUS Loan?
There is a loan origination fee that is a percentage of the total loan amount. The loan origination fee is deducted proportionately from each loan disbursement you receive. Information on PLUS loan origination fees can be found on the Interest Rates and Fees page of the Federal Student Aid website.

Loan Repayment

Do I have to repay my student loans while I’m in school?
You are not required to make payments on your student loans while you are in school as long as you are enrolled at least half time. Your unsubsidized loan will go into repayment six months after you graduate, fall below half-time status, take a leave of absence, or withdraw from the program.

When do I have to repay my loan?
After you graduate, leave school, or drop below half-time enrollment, you will have a six-month grace period before you are required to begin repayment. During this period, you'll receive repayment information from your loan servicer, and you will be notified of your first payment due date. Payments are usually due monthly. You are not required to pay while in school; however, if you choose to, there is no penalty to prepay. Learn more about repayment timelines.

What are the repayment plan options, and how do I select one?
The U.S. Department of Education (ED) offers multiple options for repayment. You may visit the ED website for more information on loan repayment plans.

Is there a repayment calculator or estimator that I can use?
Yes, visit the ED website for repayment calculators.

Can I consolidate my graduate loans and my undergraduate loans?
A Direct Consolidation Loan allows you to consolidate (combine) multiple federal education loans into one loan including both graduate and undergraduate loans. The result is a single monthly payment instead of multiple payments. Learn more about loan consolidation.

Are there any loan forgiveness options available?
Please review the U.S. Department of Education website for more information on federal loan forgiveness programs.

Military Education Benefits

How do I apply for military education benefits?
To begin the process of applying for eligible military education benefits, visit the U.S. Department of Veterans Affairs (VA) website. More information on how to use VA education benefits at Georgetown University can be found on the Military Education Benefits page.

What documents are required to process military education benefits?
Visit Vets.gov to complete the Education Benefits Application. The Education Benefits Application generates a request for a Certificate of Eligibility (COE), which is mailed to you once you complete your application. Once you have received your COE, scan and email a copy of the letter to the School Certifying Official at militarybenefits@georgetown.edu.

In addition to providing a copy of the COE, students who request to be certified for VA education benefits will need to complete the Benefit Request Form each semester. If eligible for the Yellow Ribbon Program (YRP), complete the Yellow Ribbon Program Request Form, once per academic year.

What is the difference between active and non-active duty?
Active duty is someone who is in the military full time and is not currently eligible for the Yellow Ribbon Program (YRP). Non-active duty is someone who is not currently serving or no longer serving in any capacity of military service of the United States and is eligible for YRP if at 100 percent per the COE.

What are the eligibility factors for the Post 9/11 GI Bill?
You are potentially eligible if you have at least 90 days of aggregate active duty service after Sept. 10, 2001, and are still on active duty, or if you are an honorably discharged veteran or were discharged with a service-connected disability after 30 days, you may be eligible for this VA-administered program. Learn more about the Post-9/11 GI Bill.

What is the current tuition and fee payment rate and Monthly Housing Allowance (MHA)?
The tuition and fee payment rate and MHA are determined at the beginning of each military academic year on August 1. The current rate table is located on the Education and Training page of the U.S. Department of Veterans Affairs site.

How much will I receive in tuition benefits per academic year?
There are several factors that impact how much a student will receive in tuition education benefits from the VA:

  • Each student is eligible for different benefits.
  • The level of benefits varies based on military service.
  • Benefits depend on the academic program’s tuition rate.
  • A student’s enrollment status (e.g., part time or full time) additionally impacts his or her benefits.

If you would like to receive an estimate of how much the VA will send in benefits, please provide the following information via email to veteranservices@georgetown.edu:

  • The benefit type you are eligible to receive (if Post-9/11, please provide the percentage of eligibility)
  • How many months of eligibility you have remaining
  • Whether you are on active duty or are the spouse of someone on active duty
  • Your GUID, if you are a current student
  • Your program of interest, if you are a prospective student
  • If known, how many credits you plan to take each semester

What is the Yellow Ribbon Program (YRP)?
The Yellow Ribbon Program allows degree-granting private colleges and universities in the United States to voluntarily enter into an agreement with the VA to fund tuition expenses that exceed the annual maximum cap for the resident tuition and fees at public institutions. Veterans who are utilizing Post-9/11 GI benefits and who are entitled to 100 percent of their benefit may be eligible. To participate in the Yellow Ribbon Program, you must be using Post-9/11 GI benefits at 100 percent eligibility, not on active duty, and not a military spouse. There are a limited number of Yellow Ribbon awards available. Learn more about the Yellow Ribbon Program at Georgetown University.

Who can I contact at Georgetown University for questions about using military education benefits?
Direct all military education benefits questions to Georgetown University’s Veterans Office at veteranservices@georgetown.edu or call 202-687-2708.