Your family's financial contribution, called the Expected Family Contribution (EFC), is based on information provided on two forms: the CSS/Financial Aid PROFILE and the Free Application for Federal Student Aid (FAFSA). The formula used to calculate the EFC takes into account the following factors: your earnings and savings, parental income, nonretirement assets, taxes paid, family size, number of family members in college, private K-12 school costs, nondiscretionary expenses and any special circumstances.
Families whose EFC is less than the total Cost of Attendance (COA) for one year at Northwestern have what is known as "demonstrated financial need." Northwestern's financial aid package equals the difference between the COA and the EFC.
You can also use our Net Price Calculator, which estimates the amount of grants, scholarships and aid that may be available so you can find the "net price" of attendance.
NET PRICE CALCULATOR
This chart shows average aid packages across a range of family Adjusted Gross Income (AGI) levels awarded to Northwestern freshmen who enrolled in Fall 2015.
|Family Income (AGI)*
||Percent Receiving Aid
||Average Aid Package
|$150,000 or more
*Families in the higher income ranges may have more than one student enrolled in college to qualify for aid.
A financial aid package typically includes a combination of need-based scholarships, grants, loans and part-time work that together meet a student's full financial need.
|Tuition for full-time students in degree programs
Full-time registration for all undergraduate degree-seeking students is 3 to 5.5 units of credit in a quarter. Tuition is billed on the first invoice for each quarter.
|Room & board
The figure is based on the weighted average cost of a double room on campus and the equivalent of a 19-meal board contract.
Fees include: Loan fee ($35), Health fee ($200), Associated Student Government fee ($174), Athletic fee ($49).
These figures, based on average costs, include: Books and supplies ($1,620) and personal expenses ($2,457).
Additional costs such as transportation (dependent on the distance of your home to campus) and Loan Origination Fees, will vary from student to student.
Payment dates are aligned to Northwestern's quarter system. For parents who prefer to spread quarterly payments over nine months, Northwestern offers a payment plan called 9PAY, which allows parents to pay their bills in nine monthly payments. Learn more about 9Pay Payment Plan on the Student Financial Services website.