Office Closed Wednesday, Feb. 22 for Staff Training
The Office of Financial Aid will be closed on Wednesday, February 22 for staff training in preparation for the upcoming aid processing cycle. In an effort to minimize inconvenience, this training is scheduled to coincide with the Faculty Retreat and no-class day.
2011 Tuition Tax Information Now Available
Students can now review an electronic version of their 1098-T form for tax year 2011 through MyAccess. It is available through the Student Account menu under the link "Tax Notification." Hard copies will also be mailed no later than January 31. For more information on education tax benefits, please see IRS Publication 970.
Managing Your Student Loans Webcast for Fall 2011 Graduates
Fall 2011 graduates may access a short webcast with Assistant Dean for Financial Aid Charles Pruett on the basics of repaying your loans, including information on Public Service Loan Forgiveness and LRAP. After viewing, graduates should contact the Financial Aid Office for answers to specific questions or to schedule a one-on-one counseling appointment.
How Do I Receive My Financial Aid Living Expense Refund?
Once your financial aid has disbursed to your student account, you can request your living expense allowance refund through the Student Account section of MyAccess (by clicking on "Request Refund"). In the meantime, you are encouraged to link your bank account to your student account (by clicking on "Student Account Services" within the Student Account section of MyAccess) so your living expense refund can be processed electronically through direct deposit and you can receive your funds more quickly. (If you request your refund before setting up direct deposit, a paper check will be issued and will take significantly longer.) For more information about this process, please contact the Student Accounts Office at 202-662-9057.
Information on the President's Student Loan Announcement
The President recently announced two future changes to federal student loan repayment options. The first affects certain future graduates’ Income-Based Repayment rules. The second affects certain recent and soon-to-be graduates’ consolidation benefits. Click here for more information.
Prospective Students May Now Estimate Net Cost of Education with Exclusive Online Calculator
The Financial Aid Office has launched in BETA form an exclusive online calculator designed to help assist prospective Georgetown Law students estimate the actual costs of their education straight through the repayment of their student loans. The tool is the latest addition to the Office's comprehensive financial education program.
Questions About Income-Based Repayment or Public Service Loan Forgiveness?
We've got answers! The Financial Aid Office has created a guide to help you learn more about these programs and whether they're right for you. (Click here for more info on LRAP.)
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