Welcome Admitted Students

Congratulations on your offer of admission to Northeastern University!

We understand that a student’s financial aid award is a large piece of the decision process and are committed to doing our best to make your Northeastern experience affordable. That’s why, as part of our unique Northeastern Promise, we’re dedicated to meeting each incoming domestic financial aid applicant’s full demonstrated need.

The Northeastern Promise

 
At Northeastern, we believe in your future. We also believe that financing your education is a partnership that continues throughout your enrollment, not just for your first year. Our commitment is reflected in our unique Northeastern Promise, which enables you to plan for the entire cost of your degree.

 

Viewing Your Financial Aid Award

To view the status of your award, including any scholarship awards and accompanying guidelines, your Offer of Financial Assistance, or notification detailing any missing documents, please log in to your Application Status Check.

Please note: if you did not receive a financial aid award with your admission decision, additional documentation may be required before we can determine your financial aid eligibility. To check on the status of your documents:

  • Log in to your myNortheastern student portal
  • Select “Services & Links”
  • Choose “My Financial Aid Status” located under the “Student Financial Services” category
  • Select “Documents” from the menu option to view documents that have been received and/or are missing

Please complete and submit outstanding documents as soon as possible so that we may continue our review of your eligibility. Commonly requested documents can be found here and should be submitted via IDOC.

Types of Financial Aid

Gift Aid: Does not need to be repaid

Self-Help: Includes federal student loans as well as Federal Work-Study. These options may be used to reduce your out of pocket cost.

Types of Financial Aid Additional Details
Scholarships and Grants A form of gift aid that does not need to be repaid. Grants and scholarships may be from federal, state, and/or institutional resources. Each grant and/or scholarship may have specific requirements to maintain eligibility.
Federal Loans Federal Loans are a form of self-help aid and are available to assist in reducing your total costs, should you choose to utilize them. Loan programs include the Federal Direct Subsidized and Unsubsidized Loan, Nursing, and Health Professions Loans. Loans must be repaid. If you wish to borrow these loans, you must complete additional documents, which may include the Federal Loan Entrance Counseling and Master Promissory Note, after May 1. Learn more about federal student loans.
Federal Work-Study A form of self-help aid that is available to assist in reducing your total costs. Federal Work-Study is earned after securing a part-time on-campus (or approved off-campus) position. Federal Work-Study is not deducted from your tuition and fees as students are paid through direct deposit. Learn more about Federal Work-Study and general student employment.

Understanding Your Award

Your financial aid award is based on the information you provided on the 2019-2020 FAFSA and CSS Profile. Any updates to the information provided on these forms can result in a recalculation of your award.

Your Offer of Financial Assistance represents the best financial aid package Northeastern can offer to you as an admitted student. While we would be happy to review your Offer of Financial Assistance with you to answer any questions you may have, award decisions cannot be negotiated.

If you believe that we do not have the most accurate financial information (major errors on the FAFSA and/or CSS Profile) or you have experienced a change in financial circumstances since filing your FAFSA (loss of job, excessive unreimbursed medical expenses, etc.) please let us know. Once we have information about this change, we can let you know the process for filing an official appeal.

If there is discrepant data present in your applications or other documentation in your file additional information may be requested. Any or all of the aid programs listed on your Offer of Financial Assistance are subject to change at any time during the award year as a result of our correcting or updating the original financial data provided on either the FAFSA or CSS Profile forms.

Renewal of your financial aid award is subject to your reapplying for financial aid each academic year through the FAFSA.

  • You must maintain continuous full-time enrollment and Satisfactory Academic Progress as defined by your academic program of study
  • Most awards will be distributed over the required length of your program during terms where you are earning academic credit, as opposed to when you are participating in our Co-op Program
  • With few exceptions, your eligibility for federal and state aid programs is based on need, and will be determined each academic year in accordance with regulations

 

To learn more about the financial aid terminology included in your award, visit our Financial Aid Glossary.

Next Steps

Reviewing and understanding your financial aid award is just one step in making your enrollment decision. Please review the details below which provide helpful information regarding your award and important next steps.

Accepting Your Financial Aid Award We assume that you will accept all the financial aid offered. If you would like to either reduce or cancel a portion of your financial aid award, please send your request via email to your financial aid counselor. Please be sure to indicate the award type and amount you wish to reduce or cancel.

Federal Loan Documents If you have been offered a Federal Direct Loan and will be accepting this loan, you are required to complete Federal Loan Entrance Counseling and a Master Promissory Note (MPN). Additional information regarding these documents will be provided to you after May 1.

If you were awarded a Health Professions or Nursing Loan, the required documentation will be mailed to you during the summer.

Sibling Enrollment Verification Your financial aid award is based on the information provided on your financial aid application materials. If you indicated on your FAFSA and/or CSS Profile that another member of your household will be enrolled at least half time in post-secondary education during the academic year, you will be asked to complete a Sibling Enrollment Verification Form to verify your sibling’s enrollment. This form will be sent to you via email in early August and requires verification from the institution your sibling(s) attends.

Outside Scholarship and Resources If you receive other resources, including outside scholarships, pre-paid tuition plan distributions, or tuition remission, that are not included in your financial aid award you must notify our office in writing. A review and possible recalculation of your financial aid award will occur.

Remember to check your email and myNortheastern portal regularly for updates and important details regarding your financial aid.

Estimated Costs and Available Financing Options

Estimated Costs Estimated billed costs for tuition, fees, room and board, are reflected in your financial aid award. To determine your estimated cost, deduct your financial aid award (Northeastern scholarships and grants, federal and state grants, federal student loans, but not Federal Work-Study awards). To assist with this, please utilize our Annual Cost Calculator.

Financing Options We understand that each student’s and family’s financial situation is unique and offer a number of options to assist you in financing your education. These resources, which include a payment plan and supplemental financing, can be combined or used in addition to any current family income and savings. Learn more about financing options.

Questions?

 
Our team is here to help you navigate the forms, terminology, and numbers associated with applying for financial aid and financing your Northeastern education. Don’t hesitate to contact us should you have any questions along the way.

Follow us on Facebook and Twitter!