Based on the guidance of public health officials and the state government, the Office of Student Financial Services will be temporarily suspending in-person office hours beginning March 18, 2020. We remain committed to supporting you and your family during this time and encourage you to contact our office over the phone or email for assistance.

Information regarding spring semester room and board credit adjustments is available on our website. For additional information about how Northeastern is addressing the COVID-19 outbreak, please visit this site.


Awarding Process

How Is My Award Determined?

Your financial aid award is based on a number of factors, including your family’s demonstrated financial need, as determined by the FAFSA and/or CSS Profile, your academic profile, and the availability of funding. Information reported on your financial aid application materials, including income, assets, household size and home equity, are used to evaluate a family’s financial strength.

In sum, your financial aid eligibility is derived from this equation:

Cost of Attendance (COA) – Expected Family Contribution (EFC) = Calculated Financial Need

The Cost of Attendance (COA) is the estimated cost of attending Northeastern University and includes both billed (direct) and non-billed (indirect) costs. As such, it is important to keep in mind that your Cost of Attendance may vary from your billing statement.

Below is the estimated 2019-2020 Cost of Attendance for an undergraduate student:

Resident Off-Campus Commuter
Tuition* $52,420 $52,420 $52,420
Fees** $1,086 $1,086 $1,022
Room and Board*** $16,930 $16,930
Books & Personal Expenses $2,800 $2,800 $2,800
Total $73,236 $73,236 $56,242

* Standard curriculum (16 semester hours per term).
** Fees include the Undergraduate Student Fee, Student Center Fee, Student Activity Fee, Recreation Fee, and Residential Student Fee (excluding commuters).
***Room rates vary depending on occupancy and assignment. Board is based upon 17 meals per week.

Your Expected Family Contribution (EFC) is derived from the information reported on the FAFSA and/or CSS Profile and is used to determine a student’s eligibility for financial assistance. It is important to keep in mind that a student’s or family’s actual out of pocket expenses may differ from their Expected Family Contribution.

Case Studies

In the following case studies, you’ll see examples of the financial aid awards for three students with different financial circumstances.

 A case study of one man's financial aid package of $65,415.


A case study of another student's financial aid award of $22,400.