$8,009

Avg. Federal Grant

$5,992

Avg. Federal Loan

$248,344,349

Total Aid Awarded

Northeastern University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

64%

Total Aid Amount Average Total Aid Awarded per year.

$248.344M

Financial Aid Official Website

https://studentfinance.northeastern.edu/

There are many ways to pay for college. Federal aid, loans, grants, scholarships and student jobs can make college more affordable and accessible to students. Students can reduce tuition and other costs with assistantships and fellowships, as well as grants outside Northeastern University.The total financial aid provided is $248,344,349.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

13%

State Grant Aid

5%

Institution Grant Aid

72%

Pell Grant

13%

Average Aid Awarded

Federal Grant Aid

$8,009

State Grant Aid

$2,535

Institution Grant Aid

$32,228

Pell Grant

$5,239

The Northeastern University’s financial aid includes Federal Grants, Pell Grants, State grants and Institutional grants, with Institutional grants awarded to 72% of the total students with the average aid amount being $32,228.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$55,726

$30,001 - $48,000

$53,708

$48,001 - $75,000

$49,267

$75,001 - $110,000

$40,622

Over $110,000

$23,646

As per the data from the Northeastern University’s financial aid office, lower the family income higher is the amount of financial aid one can expect to receive. For those students who have a family income under $30,000 can expect to receive an aid amount of $55,726 while those with family income over $110,000 can expect to receive an aid amount of $23,646. This ensures that bulk of the money is flowing towards those who need it the most. Here is a breakdown of the same:

Student Loans for Northeastern University

Average Loan Amount Average Loan Amount received per year.

$6,792/Year

Students Taking Out Loans

43%

Loan Default Rate

2%

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