Student Loans for Northeastern Students

About Northeastern

Northeastern StudentsNortheastern is a pretty unique place. It’s got an urban campus in the middle of Boston, and is neighbors with at least a half dozen other colleges, in addition to some of Boston’s premier museums and cultural hot spots. Translation: at Northeastern, Boston is your campus, and there’s always something going on. Academically, Northeastern offers a unique cooperative education (co-op) program that gives students professional experience in an industry of their choice while they’re still in college. All this awesomeness comes at a price, though: estimated total costs for Northeastern during 2012 academic year total just over $54,000.

Okay, take a deep breath. You don’t have to pay that whole, huge $54,000 figure. In fact, few students at Northeastern actually pay that total, thanks to a strong Northeastern financial aid program. Roughly 89% of all students at NU receive financial aid, which is great.

Northeastern Student Loans

Congratulations! Let’s say you’ve gotten into Northeastern and received a financial aid award. Awesome. Now, the odds say you’ll fall into the majority (about 61%) of Northeastern students who need a bit more funding to supplement their aid package. In this case, you should first pursue federal student aid, most likely in the form of a federal student loan. In most cases, you’ll be able to cover college costs after the additional help of a federal loan. However, if the extra federal money just doesn’t quite cover it all, and you can’t borrow any more through the federal program, you have one last option: take out a private student loan. Private student loans can be great final sources of funding, as long as you find the loan that’s best for you financially.

Pay for Northeastern University*

Total Avg. Cost $52,252
Tuition $37,142
Room & Board $12,310
Financial Aid Information
Students Receiving Fin Aid 85%
Typical Grant Amounts
State/Local $1,825
Federal $7,506
%Receiving Loans 58%
Avg. Other Stud. Loans $11,470
%Receiving Other Loans 18%

Get into Northeastern University

Admission Rate 38%
Total Enrollment 29,519
Men 50%
Women 50%
Graduation Rate 77%
Application Fee $70

Contact Northeastern University

Address
360 Huntington Ave
Boston, MA 02115-5005
(617) 373-2000
Financial Aid Office URL
https://studentfinance.northeastern.edu/
Admissions Office URL
https://www.northeastern.edu/admissions/

*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics

 
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