Financial Aid – Frequently Asked Questions

The Office of Admissions & Financial Aid at Georgetown University School of Medicine has an open door policy and welcomes any questions you may have concerning financial assistance programs.  Below is a listing of frequently asked questions which you may find useful during the application process.

The FSA ID serves as your identifier to let you access your personal information in various U.S. Department of Education systems. With the FSA ID you may perform the following tasks: 1) electronically complete and sign your Federal Direct Loan Master Promissory Note(s), 2) electronically complete and sign the Free Application for Federal Student Aid (FAFSA), Renewal FAFSA, or FAFSA Corrections on the Web, 3) view the status and results of a processed FAFSA application on the FAFSA website, 4) access your Federal Student Financial Assistance information on the National Student Loan Data System (NSLDS) website, and 5) request a duplicate copy of your Student Aid Report (SAR).

Complete the application here.

  • February 7, 2025 (11:59 PM EST): GUSOM Financial Aid Form must be submitted by this date to be considered for institutional aid (regardless of admission status; no exceptions to this deadline)
  • February 7, 2025 (11:59 PM EST): 2025 – 2026 FAFSA must be submitted by this date to be considered for institutional aid (regardless of admission status; no exceptions to this deadline)
  • February 7, 2025 (11:59 PM EST): CSS Profile must be submitted by this date to be considered for institutional aid (regardless of admission status; no exceptions to this deadline)

No, you do not need to be accepted to apply for financial assistance. All incoming students who wish to apply for need-based institutional aid must complete (1) the Georgetown School of Medicine Financial Aid Application; (2) the Free Application for Federal Student Aid (FAFSA); and (3) the CSS Profile regardless of admission status.  Please read the instructions that are included with the financial aid application carefully, and note all filing deadlines, to ensure all required information is provided to our office. International students are not eligible to apply for need-based institutional aid.

  • When filling out the CSS Profile, please complete ALL information requested for yourself AND your parent(s)/guardian(s) (note: when applicable, BOTH parental/guardian data MUST be provided whether married, never married, separated or divorced). 
  • This is REQUIRED on the CSS Profile for ALL need-based institutional aid applicants regardless of age, independence or marital status. Though the CSS Profile may state that you should submit your parent(s)’/guardian(s)’ taxes, we ask that you DO NOT send tax documents to Georgetown Med. 

  • Not including the GUSOM federal code on the FAFSA or school code on the CSS Profile
  • Submitting the FAFSA and/or any Federal Student Aid (FSA) action items (e.g. entrance counseling, MPN, etc.) for the incorrect academic year
  • Submitting an incomplete financial aid application
  • Not having the required signatures on the aid application
  • Missing the application deadline

  • Medical students are billed twice each academic year on a semester basis (Fall & Spring). Please click here to view the Student Billing Calendar for 2024 – 2026.
  • Students may view and pay their tuition bill electronically via MyAccess
  • Questions regarding payment should be directed to the Office of Revenue and Receivables

Yes, questions regarding payment plans should be directed to the Office of Revenue and Receivables.

Student Health Insurance is automatically applied to every student account. In order to waive coverage, complete the student health insurance survey in MyAccess. The survey is generally available in July of each year.

  • Deferment requests are processed by the Medical School Registrar. Most lenders, however, participate with the National Student Loan Clearinghouse. The Clearinghouse collects enrollment data on each student and sends the information to loan servicing agencies and lenders. Contact your servicer/lender to ensure that they are able to receive enrollment data from the Clearinghouse. If they are not, please send your loan deferment forms to the Office of the Registrar.
  • If you have federal loans, you can view your lender information by logging into NSLDS. Private or institutional loans will not populate on NSLDS. You should look to your personal records or contact your undergraduate institution to identify any additional loans you may have.

Students with credit balances are entitled to have the overage refunded to them. A credit balance is indicated on the bill by a negative value in the ‘Account Balance’ field. Students with outstanding balances awaiting Financial Aid disbursements, Third-Party payments, or scholarships are not eligible for a refund, even if the “Current Due” field contains a negative value.

The following steps will allow the student to request a refund online (note: authorized users cannot perform these tasks):

  • Login to MyAccess. Click on the ‘Students’ tab
  • Scroll down to the ‘Student Account’ section
  • Click on ‘Refund Request’
  • Click on ‘Submit’

Revenue and Receivables processes refund requests within three business days of submission. Additional processing time for the generation and mailing of a refund check, or for the execution of an electronic transfer of funds, is outside the control of Revenue and Receivables. If the request is denied, an email will be sent to the student’s Georgetown email address. 

If the student is requesting the return of funds paid via a credit-card (e.g., via PayPath), the refund will be sent to the credit-card in question. Otherwise, if an electronic refund method has been saved, the funds will be deposited into that account. If no eRefund method has been established, a check will be cut and sent to one of the addresses on file for the student, according to the following hierarchy: local on-campus, local off-campus, and permanent.

If we attempt to refund back to a credit card but are unable to do so for technical reasons, the refund will be generated as a paper check and mailed to the local or permanent address we have on file.

Send a copy of your acceptance notification to the Office of Revenue and Receivables.

Please note that our wonderful colleagues in the Office of Third Party Billing oversee all aspects of the financial aid tied to HPSP & NHSC service scholarships. 

Eligibility for financial aid funding is contingent upon a student maintaining a minimum standard of satisfactory academic progress determined by the Department of Education. You can view the satisfactory academic progress policy here.

Yes, you may contact the Office of Admissions and Financial Aid with questions or to schedule an appointment. You may also utilize the online resources provided by the AAMC.

Our office can return federal student loan funds on your behalf, without penalty, up to 120 days after disbursement. After 120 days, you will need to return loan funds directly to your loan servicer; you will be responsible for origination fees and accrued interest on the loan amount you are returning. Please email our office with the exact amount you wish to return, and we will process this manually for you within 48 hours.

You have until two weeks before the end of the academic year to accept federal student loan funds you initially declined.