Douglas Olsen
Northeastern University offers a variety of scholarships and financial aid options for its students. However, when it comes to international students, the university has a different approach. Northeastern does not provide need-based financial aid to international students, which means that their ability to pay is considered during the admissions process. While the university offers merit-based scholarships for international students, these do not cover the full cost of attendance and are highly competitive. The average amount of aid received by international students is around $20,322, indicating that full scholarships are rare. Northeastern's focus on spreading financial assistance across a larger number of high-level candidates further suggests that full rides are not a common occurrence.
| Characteristics | Values |
|---|---|
| Undergraduate admission need-aware for international students | Yes |
| Average aid received by international students | $20,322 |
| Northeastern's average net price after aid | $43,830 |
| Northeastern's average total cost | $86,821 |
| Northeastern's average need-based scholarship | $56,482 |
| Northeastern's average non-need-based scholarship | $15,365 |
| Northeastern's median federal loan debt | $24,250 |
| Northeastern's average private loan debt | $56,750 |
| Northeastern's merit-based scholarship range | $10,000 - $28,000 |
| Northeastern's need-based aid for international students | No |
| Northeastern's full-ride merit scholarships for international students | No |
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What You'll Learn
- Northeastern University provides no need-based aid to international students
- Northeastern offers merit-based scholarships to international students
- The average aid an international student receives is $20,322
- International students can borrow from private lenders with a US co-signer
- The total cost of attending Northeastern is $86,821
Northeastern University provides no need-based aid to international students
Northeastern University offers no need-based financial aid to international students. The university is considered 'need-aware', meaning that the Admissions Committee takes into account an international student's ability to cover the costs of tuition and living expenses when making admissions decisions. All international students must submit the Declaration and Certification of Finances (DCF) at the time of application, demonstrating sufficient financial support for at least the first year of their studies.
While Northeastern University does not provide need-based aid, international students may qualify for merit-based scholarships. These scholarships are highly competitive and do not cover the full cost of attendance, typically ranging from USD 10,000 to USD 28,000 per year. Northeastern University has partnered with RaiseMe to offer US high school students microscholarships of up to USD 20,000 per year, recognising their academic achievements and outstanding accomplishments.
It is important to note that Northeastern University's total cost, including tuition, food, housing, books, supplies, transportation, and personal expenses, is approximately USD 86,821. The average need-based scholarship or grant awarded to first-year students at Northeastern University was USD 56,482, while the average non-need-based scholarship was USD 15,365. Additionally, 49% of first-year students received need-based financial aid in the fall of 2022.
International students and their families may also explore private loan options with a creditworthy US co-signer. However, it is recommended to compare the benefits and costs of different lenders before applying. Northeastern University's median federal loan debt among undergraduate borrowers is USD 24,250, with an average monthly repayment of USD 257 over ten years at 5.05% interest.
In summary, while Northeastern University does not offer need-based aid to international students, there are alternative options for financial support, including merit-based scholarships and private loans.
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Northeastern offers merit-based scholarships to international students
Northeastern University offers various scholarship opportunities to undergraduate students. These scholarships are a form of gift aid and do not need to be repaid. The university has established several competitive scholarship programs to reward outstanding academic achievement. All applicants are considered for merit-based scholarships, and admitted students are notified of any merit aid awards at the time of admission.
International students may qualify for merit-based scholarships. Incoming first-year international students are automatically considered for merit-based scholarships through their application for undergraduate admission. Competitive, merit-based scholarship awards range up to $28,000 annually but do not cover the total cost of attendance. Northeastern has also partnered with RaiseMe to offer U.S. high school students the chance to earn microscholarships that recognize their academic achievements and outstanding accomplishments. Students can earn up to $20,000 in microscholarships each year, which will be incorporated into their Northeastern University financial aid award.
The Ujima Global Leaders Program is another scholarship program that seeks to enroll academically talented first-year students with demonstrated leadership skills, community involvement, and/or an interest in issues related to serving underrepresented and underserved populations. Recipients receive a scholarship called the Ujima Global Leadership Award, and those with demonstrated financial need will have their full need met.
Northeastern University also offers monthly payment plans, administered through Flywire, which allow students to divide their educational costs into smaller installments. International students and their families may also be eligible to borrow from private lenders with a creditworthy U.S. co-signer.
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The average aid an international student receives is $20,322
Northeastern University offers a range of scholarships and financial aid options for international students. However, it is important to note that Northeastern's admission process for international students is need-aware, meaning the Admissions Committee considers an applicant's ability to cover the costs of attendance, including tuition and living expenses.
The average amount of aid an international student at Northeastern University receives is $20,322. This amount is based on the average of all financial aid packages awarded to international students and does not represent a standard award for all international students. It is also worth noting that this amount is significantly lower than the total cost of attendance at Northeastern, which is $86,821.
International students at Northeastern University may be eligible for merit-based scholarships, which range from $10,000 to $28,000 per year. These scholarships are highly competitive and do not cover the full cost of attendance. The university also offers micro-scholarships of up to $20,000 per year, which are awarded based on academic achievements and outstanding accomplishments. Additionally, Northeastern has partnered with RaiseMe to offer micro-scholarships to US high school students.
While Northeastern does not offer need-based financial aid to international students, they do provide resources, support, and guidance to help international students navigate their academic journey and explore various funding options. International students and their families may also consider borrowing from private lenders with a creditworthy US co-signer. However, it is recommended to compare the benefits and costs of different lenders before applying.
It is important for international students to carefully review the financial requirements and explore all available options for funding their education at Northeastern University. The university's website and the Office of Global Services provide additional resources and information on financial aid, scholarships, and other opportunities for international students.
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International students can borrow from private lenders with a US co-signer
Northeastern University considers international students' ability to cover their educational costs during the admissions process. While Northeastern does not provide need-based aid or full-ride merit scholarships to international students, they are automatically considered for merit-based scholarships upon application, with awards of up to $28,000 per year.
International students can also borrow from private lenders with a creditworthy US co-signer. A co-signer is typically a US citizen or permanent resident with a good credit history and the ability to repay the loan if the borrower defaults. The co-signer's credit score plays a significant role in the loan approval process and can impact the interest rates offered by lenders.
Some private lenders may offer loans without requiring a co-signer, but these loans may carry higher interest rates. When considering a loan without a co-signer, lenders may evaluate the borrower's program of study, academic performance, and future career prospects. It is essential to compare the benefits and costs of different lenders and loan options before applying to find the best fit for your financial needs.
- MPOWER Financing: Offers loans based on future income potential without requiring a co-signer or collateral.
- Ascent: Provides flexible repayment plans and exclusive benefits, such as cash back and scholarships, with or without a co-signer.
- Discover Student Loans: Requires a co-signer but does not charge any fees or require payments while students are in school. Their loans can cover up to 100% of education costs.
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The total cost of attending Northeastern is $86,821
Northeastern University offers financial aid and support to international students in the form of merit-based scholarships. However, it does not provide need-based aid or full-ride scholarships to international students. The total cost of attending Northeastern for the 2024-2025 academic year is $86,821, which includes tuition, room, board, and fees. This cost may vary for each student depending on their academic program, enrollment intensity, and individual circumstances.
International students must demonstrate their ability to cover the estimated costs of attendance, including tuition and living expenses, when applying for admission. All international students are required to submit the Declaration and Certification of Finances (DCF) to document sufficient financial support. This ensures that they can meet the estimated costs for at least the first year of their program.
The average amount of aid an international student at Northeastern receives is around $20,322. Additionally, international students may be eligible to borrow from private lenders with a creditworthy U.S. co-signer. Northeastern also partners with organisations like RaiseMe to offer microscholarships that recognise academic achievements, with awards of up to $20,000 per year.
The total cost of attendance at Northeastern can be broken down into various components, including tuition fees, room and board expenses, meal plan costs, and other mandatory fees. The cost of attendance may also include additional expenses such as health insurance, professional licensure fees, and other individual selections.
It is important for international students to carefully consider the full program cost and estimated expenses for each year of their intended program when evaluating the financial commitment required to attend Northeastern University.
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Frequently asked questions
No, Northeastern University does not offer full scholarships to international students. However, international students may qualify for merit-based scholarships ranging from $10,000 to $28,000 per year. These scholarships are highly competitive and do not cover the full cost of attendance.
The total cost of attending Northeastern University is $86,821, which includes tuition, food, housing, books, supplies, transportation, and personal expenses.
International students at Northeastern University may be eligible for private loans with a creditworthy U.S. co-signer. Additionally, Northeastern provides resources, support, and guidance to international students throughout their academic journey.
The average amount of aid an international student at Northeastern University receives is $20,322. However, it is important to note that this amount may vary and does not cover the full cost of attendance.
Northeastern University offers the Ujima Global Leadership Award, which is a scholarship program for first-year students with demonstrated leadership skills and financial need. While this scholarship does not cover the full cost of attendance, it may provide additional financial support to eligible international students.
