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Financial aspect of attending Northeastern?

Hi all! I've been seriously considering Northeastern for college, but I'm a bit worried about the costs. Can somebody fill me in on the average expenses for tuition, room & board, and any other fees you might know about?

4 months ago

Hi! Northeastern University is a private institution, so the cost of attendance can be on the higher side. For the 2024-2025 academic year, the estimated expenses are as follows:

1. Tuition: about $63,141 per year

2. Room & board: about $20,880 per year on average (this may vary depending on housing options)

3. Other Expenses: approximately $2,800 per year (this includes books & supplies, transportation, and personal expenses)

These figures add up to an approximate total cost of attendance at $86,821 per year. Keep in mind that this does not include books, supplies, personal expenses, and transportation costs, which may vary depending on your specific needs and choices.

However, it's important to remember that financial aid can greatly lower this cost for many students. Northeastern offers both need-based and merit-based financial aid. To be considered for need-based aid, you'll need to submit the FAFSA (Free Application for Federal Student Aid) and the CSS Profile. You'll also automatically be considered for merit-based scholarships during the admissions process, with no separate application required.

Additionally, Northeastern is known for its extensive co-op program, which allows students to gain paid work experience during their time at college. While participating in a co-op, you do not pay tuition, and many students use their earnings to help offset the cost of college.

Make sure to use Northeastern's Net Price Calculator to get a more personalized estimate of your potential financial aid package and out-of-pocket expenses. This will give you a better sense of how much attending Northeastern could cost you after factoring in institutional aid, grants, and scholarships.

4 months ago

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