Applicants receive a financial aid offer listing the types of assistance they are eligible to receive. By checking acceptance of each type of assistance, signing, and returning the award letter to the Student Financial Planning Office, the student requests that their account be credited for the amount of the award. EXCEPTIONS: Aid amounts marked as estimates will not be credited until paperwork is complete or funds are received from the lender/agency. If work-study is part of the aid package, this amount will not be a credit on your account. This is an award that must be earned and is paid to a student recipient via payroll. All Georgetown aid is based on full-time, residential status. If you drop below full-time or are granted a waiver to live off campus, your aid will be adjusted accordingly. Institutional aid is reduced by 25 percent for students who live off campus.