Financial Aid at Northeastern University?

Yo! I've been eyeing Northeastern for its impressive co-op programs and Boston location. Anyone here have insights into their offered financial aid packages? Are they usually generous when it comes to helping students out with tuition fees or do people often find themselves struggling? Lil bit under pressure here.

Hello, great choice! Northeastern University indeed offers exceptional co-op programs and the location is a plus! When it comes to financial aid, Northeastern does offer a fair amount to its students.

The university offers both need-based and merit-based aid. Merit-based aid typically comes in the form of scholarships that do not need to be repaid, and can be quite generous, particularly for students who excel acadically. It's also a good idea to apply to outside scholarships too, as they can help supplement the cost of attending Northeastern.

As for need-based aid, Northeastern uses the CSS Profile to determine the amount of institutional aid a student might receive. Through their Northeastern Promise, the university aims to increase predictability of the cost of a degree by packaging all four years of an undergraduate degree with the same amount of Northeastern University Grant aid, as long as a student continues to meet eligibility criteria.

That being said, the amount of aid you receive will greatly depend on your and your family's financial situation as revealed through the FAFSA and CSS Profile, which you'll need to complete each year. There's also work-study opportunities as part of the aid package.

However, be aware that although they're committed to making their school affordable, Northeastern is a costly institution and some students do take out loans to cover costs. Make sure to use Northeastern's Net Price Calculator to get an estimated idea of your potential financial aid package: https://npc.collegeboard.org/app/northeastern.

Ultimately, the best way to know for sure how much aid you might receive from Northeastern is to apply! Just ensure to complete all financial aid documents by their respective deadlines to maximize your aid eligibility. Best of luck!