May 22, 2017, 3:25 PM
George Washington University has increased next year's financial aid budget by 8 percent, anticipating that with rising tuition, more accepted students will need aid. Last year the aid budget increased 6.9 percent; the aid budget has decreased only twice in the past 11 years. The increase appears to support goals outlined by a 2014 task force that focused on expanding the diversity of the university. GW's Power and Promise campaign, which raises money for student scholarships, brought in $170 million this year. The 2017-18 aid budget is $297 million.
The GW Hatchet (5/22/17)
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