Need-Based Aid at NEU?

<p>Our D was just accepted to NEU under EA. We think it is a very good choice for her and she is ecstatic. </p>

<p>Recently, we have been reading that NEU is not generous with need-based financial aid. This is a deal breaker for us. Her brother is at Brown and is two years older. Brown has been giving us around $13k/year in aid so far. A FA officer at Brown has also said the aid will go up substantially when both children are in college. This makes a private university possible for us.</p>

<p>Can we expect anything comparable at NEU? or is NEU just a lot more expensive than the Ivies? I know that one answer is "just submit the CSS" but we can't do that just yet and we need to figure out whether she needs to apply elsewhere before 1/1/2014. </p>

<p>Thank you for reading.</p>

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<p>The sticker price at both schools is about the same. Brown and other Ivies have multi-billion dollar endowments that allow them to be more generous. Northeastern has been known to give quite generous need based grants but it can vary by student and is often in conjunction with a merit scholarship.</p>

<p>NEU not generous with need-based? My parents have an income of over 100,000 and I got 37,200 a year in a university grant. And that is on top of my full-tuition scholarship.</p>

<p>^^I hope I can get a similar package (and be accepted)! That’d definitely make it affordable for me to attend… I can only hope…</p>

<p>I believe that ethnicity is a big factor. That’s the only reason I can see that I would receive so much financial aide, as I put Hispanic on my application. My advice to you, if you are part minority, I would definitely list it down.</p>

<p>Thanks to everybody for responding. It sounds to me as though NEU does give out need-based aid. I am still a little concerned though because when I look at</p>

<p>[Northeastern</a> University Tuition, Costs and Financial Aid - CollegeData College Profile](<a href=“http://www.collegedata.com/cs/data/college/college_pg03_tmpl.jhtml?schoolId=456]Northeastern”>http://www.collegedata.com/cs/data/college/college_pg03_tmpl.jhtml?schoolId=456)</p>

<p>under the “Money Matters” tab and compare it with</p>

<p>[Brown</a> University Tuition, Costs and Financial Aid - CollegeData College Profile](<a href=“http://www.collegedata.com/cs/data/college/college_pg03_tmpl.jhtml?schoolId=163]Brown”>Brown University Tuition | CollegeData)</p>

<p>it appears that NEU costs $10-15k more than Brown. Can this possibly be true?</p>

<p>Also, if my D needs to be ethnic, then the aid really isn’t really need-based.</p>

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<p>That is not what I am seeing in the links you provide and that is not the case, at least in sticker price. As I posted above, Brown has a multi-billion dollar endowment and can afford to be more generous. </p>

<p>As for being a URM, it is a hook as it is at virtually every university but it is certainly not a requirement.</p>

<p>I appreciate the responses but I don’t think it is true that </p>

<p>"Brown has a multi-billion dollar endowment and can afford to be more generous. "</p>

<p>Two years ago my S received FA offers from Vanderbilt, JHU, Olin, Tufts, and Brown. Of all these schools, Brown was the least generous. The endowment only helps if the administration can tap into it.</p>

<p>Many of us have been fooled into thinking that the ivies are generous but it is only the rich ivies that are generous and this has only been recently. Harvard’s endowment is an order of magnitude greater than Brown’s. Our friends who are reasonably comfortable have a D at Harvard and they are paying about half what we pay for Brown.</p>

<p>@Coltron you’re seriously getting 37k on top of full tuition? Isn’t that going to total more than the cost of attendance?</p>

<p>@Coltron - something is not adding up here. Is this a full-tuition scholarship FROM Northeastern? If not, if Northeastern is not aware of your external scholarships in that calculation (are you the student with the ROTC scholarship?), then you will NOT be getting that full $37,000 in need-based aid.</p>

<p>Also, it’s not all based on income. My family income of ~$60,000 resulted in little need-based aid at most of my choices after scholarships were taken into account.</p>