Financial Aid?

<p>Have any Early Action applicants received financial aid packages yet? Are you satisfied with the aid you received? I'm just trying to get an idea as to what to expect if accepted.</p>

<p>I had an EFC of about 20k, and NEU met most of my need; we’re expected to pay about 23k.</p>

<p>Here’s how it breaks down:</p>

<p>20,000 Dean’s Scholarship
9,700 Grant aid</p>

<p>1,500 Work-Study
1,000 Perkins loan
3,500 Subsidized Stafford
2,000 Unsubsidized Stafford</p>

<p>I was pretty happy given Northeastern’s not so stellar record with financial aid. I believe this year they spent much more than usual in financial aid, so you might do better than you think. Most people I know seem to be relatively pleased with their packages.</p>

<p>Disclaimer: I was invited to the Honor’s program, so I might have gotten better financial aid than the typical applicant. I’m not sure, but just keep in mind you will probably get better aid if you are a top applicant. I have no proof behind this statement, but it seems to be a consistent theme I’ve seen this year. (Like I really should not have qualified for a Perkins loan… but I’m not complaining)</p>

<p>Congrats! 23,000 isn’t bad at all. I would have to say I’m not in top applicant, probably just average, so I probably should expect to pay a little more? At this point paying anything under 50k would be a blessing! Congratulations again and thanks for your insight.</p>

<p>We have only received scholarships so far…have not gotten a complete package. My son was not admitted into the Honors program but was given the Deans scholarship of $22,000 a year.</p>

<p>I wanna make sure I understand this correctly… </p>

<p>I have an EFC of 39k. If I (hopefully) get a 22k Dean’s Scholarship from Northeastern, does this mean I will get no further aid, meaning I’ll be expected to put in around 38k (60k COA - 22k Merit)?</p>

<p>Jibler, you’re correct. Better a 22k scholarship than in loans though. Just be careful with the scholarship hopes, the Dean’s amount seemed to vary for no particular reason; some got Dean’s but not Honors and vice versa. The amount is hard to predict. It seemed to be largely numbers based though, standardized tests and GPA’s. Good luck to you both!</p>

<p>I got an estimated financial aid package, so they had all the need-based information, even though they didn’t have my FAFSA yet.</p>

<p>I got a 15,000 Excellence Scholarship
19,800 University Grant
3,095 Federal Grant
3,000 Federal SEOG Grant</p>

<pre><code> 2,200 Work-Study
2,000 Perkins loan
3,500 Subsidized Stafford
2,000 Unsubsidized Stafford
</code></pre>

<p>The gift aid covers nearly all of tuition, but I’ll still have to pay about 9,000 for everything else</p>

<p>Since I was deferred, do I have any chance at receiving a merit scholarship…? Or would I be relying solely on Financial Aid?</p>

<p>I would think no merit scholarship if you were deferred - merit goes to top % of admitted students only</p>

<p>@kiddie I don’t think that’s necessarily true. Honors only goes to the top % of students as well, but people in regular admission still get in. I think they will still consider people who were deferred for merit aid depending on the admits in the RD pool.</p>

<p>@kmarie yes, people in RD get admitted to Honors; but they likely would’ve been accepted EA as well, they just applied later. If the admissions committee was on the fence about an applicant to the point where they were deferred, merit money is unlikely I’d think. Plenty got in EA with no merit, so if you got deferred I’d think you’re not competitive for merit money. Still have a good shot at getting in though.</p>