<p>Does Northeastern University give good financial aid? I'm looking for around 10,000 a year at least. I have one parent who has a yearly salary of around $100,000. Only one parent works and I have another sibling who needs to go to college. We don't have a home loan to pay but we are still cautious about money. Would Northeastern be able to provide me with sufficient aid? Also in general, is it cheaper to go to private school or public school?</p>
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Have you try its NPC? See <a href=“Financing Options | Student Financial Services”>Financing Options | Student Financial Services;
<p>You can fill out the NPC for NEU and see what it shows. But bear in mind that NEU does NOT guarantee to meet full need for its students and does not do so about 2/3rds of the time, Doesn’t mean you shouldn’t apply there, but it’s always important to have an affordable school that you know will take you on your list as well. That should be your most important school.</p>
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<p>Have your parents said that they will pay the remaining $45k-50k? </p>
<p>Northeastern does give merit money to students they want, particularly NMF’s. If your stats are high, it’s definitely worth applying. In addition to NMF’s who’ve gotten full tuition, I know several students who’ve gotten half tuition merit scholarships from there.</p>
<p>Public versus private costs will depend on a combination of factors. For a very high stats, lower income student, private may be cheaper as many top schools guarantee to meet full need as they define it and will have a price lower than an in state public. I had a niece who went to Notre Dame more cheaply than she could have gone to Penn State. For a high stats student with a higher income, publics will likely be the cheaper option. There are full scholarships to private schools, but for the most part these scholarships are extremely competitive, even to the lower ranked schools. Finally, there are full scholarships to public universities like Alabama and Temple that any high stats kid can get. </p>
<p>For a more average student, in state publics are usually the cheapest option. But even that depends. I know several kids who were average high school students who are attending St. Joe’s University. Due to merit scholarships (tuition discounting), the final cost is comparable to Penn State. Because we live in the area, the students have the option of commuting from home - it’s an option many of them take for the junior and senior years to cut down on student loans. St. Joe’s actually ends up cheaper than if they’d gone to four years in Happy Valley.</p>
<p>alrighty, so what do you think my chances at merit are for NU? Or first, do you think I Have a shot at even being accepted? It’d be my top choice if money wasn’t an issue</p>
<p>How will you take out these other loans? Either you will need to have your parents cosign, OR they will need to take the loans out in their name! You won’t be able to take additional loans out yourself. Do you understand that?</p>
<p>You are counting on getting about $50,000 in grant money. I guess that is possible. But I think it’s highly unlikely.</p>
<p>And NU is Northwestern. NEU is Northeastern. It is confusing to see NU used to reference Northeastern.</p>
<p>max has hijacked vamigupta’s thread and it’s causing confusion.</p>