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. That can be tough, we know, which is why we made our Student Loan Comparison Tool. You can use it to search, compare, and even apply for a private student loan, provided you find one that fits your financial profile.

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
http://www.northeastern.edu/financialaid/
Admissions Office URL
http://www.northeastern.edu/neuhome/admissions/index.html

*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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