Northeastern is my top choice, however the price is a little much. I received enough to get it down to 37k a year, but I can’t sustainably pay that. My father is unemployed, but started pulling from his retirement fund last year because of medical issues and FAFSA counted that retirement fund as income. with that said, I was wondering if the cost of northeastern is a little lower because of coops. If I were to do two coops, would that mean I pay a full year less of tuition? That would make northeastern much more affordable. Does anyone know if this is true? And will I be able to get my package revised next year?
When figuring out your costs, do not count on co-op income. While on co-op, you will still have to pay for housing, transportation, and food, which are expensive in Boston. You also don’t know what kind of pay you will be earning on co-op. Doing 2 co-ops also doesn’t mean 2 fewer semesters of classes. Unless you overload or have AP credit coming in, you will still need 8 semesters of courses just like at any college - it’s just a matter of how it’s spread out and split up. So do-op won’t reduce your tuition costs.
How much would you have to take out in loans to pay for northeastern? If it’s beyond what’s available through federal loans (which it sounds like is the case), it’s not affordable. You could ask for the financial aid office to reevaluate your financial aid with the additional considerations you mentioned, but I don’t know how much that will help. Northeastern is a great school, but it’s not worth $100,000 in loans if you have more affordable options.