Financial aid applicants with demonstrated financial need are awarded Northeastern University Grant. Generally, the amount awarded per term is guaranteed over the course of the student’s undergraduate academic career (up to eight in-class semesters), provided that the student makes timely progress toward a degree and maintains a 2.0 grade point average.
Northeastern University Grant funding is provided, in part, through the generosity of individual donors, alumni, corporations, and other resources. At any point during the academic year, you may have Northeastern Grant funds replaced by a named endowed fund. At that time you may be asked to provide a letter of thanks to the scholarship donor, the donor’s heirs, or an individual or committee overseeing the administration of the fund.
Federal Pell Grants are available to undergraduate students who have not yet earned a bachelor’s or professional degree. As a program targeted to high need students, eligibility for the Federal Pell Grant depends upon your Expected Family Contribution (EFC). Your EFC is calculated utilizing a formula established by Congress when your Free Application for Federal Student Aid (FAFSA) is processed.
Beginning in Fall 2021, undergraduate day students who qualify for a federal Pell Grant will have their full demonstrated need met through a combination of grants, scholarships, and work-study from federal, state, and institutional resources. Financial aid awards for eligible Pell Grant recipients will not include Federal Direct loans. In place of Federal Direct Loans, qualifying students will be awarded a Northeastern University Access Grant.* Current students and those who enroll for the Fall 2021 term and qualify for the Federal Pell Grant during future undergraduate academic years, will continue to receive the Northeastern University Access Grant, in place of Federal Direct Loans. Please note that eligibility for the Federal Pell Grant is determined each academic year, based upon established financial and academic criteria.
Federal Pell Grant eligibility is determined by your enrollment status ((full-time, 3/4 time, 1/2 time, less than 1/2 time). The maximum a student may receive for the 2020–2021 academic year is $6,345.
* Northeastern reserves the right to reduce/eliminate a NU Access Grant in extreme or highly unusual family income situations.
Provides assistance to undergraduates with exceptional financial need–that is, students with the lowest Expected Family Contributions (EFCs)–and gives priority to students who receive Federal Pell Grants. These grants are made directly through the Office of Student Financial Services to students. Grants typically range from $200 to $3,000 per academic year. Specific amounts are based on funding availability and the number of students with exceptional financial need who meet priority filing deadlines as determined by Student Financial Services.
The Massachusetts State Grant, or MASSGrant, is a grant assistance program funded by appropriations from the Massachusetts Legislature. The MASSGrant program provides need-based financial assistance to undergraduate students who reside in Massachusetts and are enrolled in and pursuing a first bachelor degree in a program of higher education in any approved public or independent college, university, school of nursing or any other approved institution furnishing a program of higher education. Parents of dependent students must also reside in Massachusetts.
In addition to its full-time grant award, the state of Massachusetts also offers a part-time grant to students who are enrolled on a less than full-time basis. Learn more about the Massachusetts Part-Time Grant.
Many other states aside from Massachusetts offer support to students who meet specific qualifications. The states of Pennsylvania and Vermont all allow their residents to transfer scholarship support to Massachusetts schools. If we have added a state grant to your award, it reflects our best estimate of your eligibility; however, the amount is subject to change, based on state guidelines and funding levels. You will be notified directly by the state whether you qualify, and if so, the dollar amount of your award. It is important that you check with your state scholarship office about qualification requirements and application deadline dates.