OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Northeastern Illinois University Financial Aid and Scholarships 2022

Northeastern Illinois University, which is located in Chicago, IL is a public university. Northeastern Illinois University covers an area of 67 acres. Northeastern Illinois University was founded in the year 1867. The motto of the Northeastern Illinois University is Excellence. Access. Diversity. Community and its official colors are gold and blue. Out of total 8,984 students enrolled at NIU, 5,700 belong to undergraduate courses while 1,723 are postgraduate students. The school has an academ

Northeastern Illinois University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

68%

Total Aid Amount Average Total Aid Awarded per year.

$20.849M

Financial Aid Official Website

www.neiu.edu/financial-aid/

Notably, 84% of the students at Northeastern Illinois University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $13,596,396. One can visit NIU's financial aid page at http://www.neiu.edu/financial-aid/ for more information. The total percentage of candidates applying to Northeastern Illinois University who receive the Federal Grant is 70%. Meanwhile, 75% of the applicants receive the Student Grant and 23% are awarded the Institution Grant, while 70% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,087, the State Grant receivers and Institution Grant beneficiaries get $3,866 and $2,556, respectively. And, for the Pell Grant awardees, the average aid amount is $4,329. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At Northeastern Illinois University, the percentage of candidates who opt to avail of student loans is around 30%.

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