How Northeastern's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Northeastern University since 2013.

For that period, the average number of students who received grants aid/scholarships is 9,085, which is 64.56 % of all undergraduate students. 5,025 students which is 35.78% of undergraduate students received federal student loans and the average loan amount is $6,117.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	8,949 (68%)	$21,534	1,747 (13%)	$4,259	5,832 (44%)	$6,673
2014-15	8,826 (65%)	$23,254	1,675 (12%)	$4,296	5,526 (41%)	$6,527
2015-16	8,584 (63%)	$25,240	1,617 (12%)	$4,325	5,314 (39%)	$6,418
2016-17	8,474 (63%)	$26,988	1,639 (12%)	$4,337	5,046 (37%)	$5,868
2017-18	8,807 (64%)	$28,199	1,673 (12%)	$5,580	5,032 (36%)	$5,918
2018-19	8,774 (63%)	$28,449	1,546 (11%)	$5,783	4,616 (33%)	$5,934
2019-20	9,150 (64%)	$28,535	1,548 (11%)	$5,634	4,307 (30%)	$6,161
2020-21	9,666 (64%)	$30,084	1,692 (11%)	$5,788	4,966 (33%)	$5,977
2021-22	10,537 (67%)	$33,757	1,973 (13%)	$6,034	4,586 (29%)	$5,573
Average	9,085 (64.56%)	$27,338	1,679 (11.89%)	$5,115	5,025 (35.78%)	$6,117

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 2,313 (74.22 % of students) received grants or scholarships and its average amount is $34,133. It can cover 54.06% of tuition & fees ($63,141).

In addition, 1,299 (42.22 % of students) students get helped from the students loans (average amount : $7,257).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	2,002 (69%)	$27,442	1,202 (42%)	$6,341
2014-15	2,073 (70%)	$30,421	1,290 (44%)	$6,220
2015-16	1,933 (69%)	$32,793	1,201 (43%)	$6,248
2016-17	1,886 (70%)	$34,691	1,240 (46%)	$6,025
2017-18	2,254 (73%)	$33,662	1,339 (43%)	$6,792
2018-19	2,073 (75%)	$34,094	1,073 (39%)	$8,628
2019-20	2,394 (80%)	$35,456	1,073 (36%)	$8,697
2020-21	2,501 (80%)	$36,308	1,400 (45%)	$8,086
2021-22	3,697 (82%)	$42,331	1,871 (42%)	$8,278
Average	2,313 (74.22%)	$34,133	1,299 (42.22%)	$7,257

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 421 (13.33 % of students) received Pell (federal) grants and its average amount is $5,059.

In addition, 135 students received State/local government grants/scholarships (4.22 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	321 (11%)	$4,417	269 (9%)	$2,909	128 (4%)	$1,288	1,999 (69%)	$26,300
2014-15	377 (13%)	$4,313	333 (11%)	$2,637	112 (4%)	$2,235	2,068 (70%)	$29,163
2015-16	393 (14%)	$4,471	343 (12%)	$2,554	107 (4%)	$2,621	1,927 (69%)	$31,383
2016-17	391 (15%)	$4,389	304 (11%)	$2,906	110 (4%)	$2,742	1,877 (70%)	$33,312
2017-18	399 (13%)	$5,239	363 (12%)	$3,045	154 (5%)	$2,535	2,243 (72%)	$32,228
2018-19	311 (11%)	$5,493	286 (10%)	$3,237	109 (4%)	$2,453	2,070 (75%)	$32,741
2019-20	373 (12%)	$5,649	402 (13%)	$3,336	124 (4%)	$2,748	2,377 (79%)	$34,116
2020-21	421 (13%)	$5,544	603 (19%)	$3,188	104 (3%)	$3,079	2,493 (80%)	$34,588
2021-22	801 (18%)	$6,013	1,446 (32%)	$3,550	270 (6%)	$2,816	3,677 (82%)	$39,648
Average	421 (13.33%)	$5,059	483 (14.33%)	$3,040	135 (4.22%)	$2,502	2,303 (74.00%)	$32,609

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 1,299 (42.22 % of students) get any students loan help and its average loan amount is $1,299.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	1,202 (42%)	$6,341	1,202 (42%)	$6,341	-	-
2014-15	1,290 (44%)	$6,220	1,290 (44%)	$6,220	-	-
2015-16	1,201 (43%)	$6,248	1,201 (43%)	$6,248	-	-
2016-17	1,240 (46%)	$6,025	1,240 (46%)	$6,025	-	-
2017-18	1,339 (43%)	$6,792	1,336 (43%)	$5,992	56 (2%)	$19,448
2018-19	1,073 (39%)	$8,628	1,054 (38%)	$5,224	153 (6%)	$24,525
2019-20	1,073 (36%)	$8,697	1,046 (35%)	$5,182	153 (5%)	$25,561
2020-21	1,400 (45%)	$8,086	1,378 (44%)	$5,154	148 (5%)	$28,495
2021-22	1,871 (42%)	$8,278	1,821 (41%)	$4,430	259 (6%)	$28,653
Average	1,299 (42.22%)	$7,257	1,285 (41.78%)	$5,646	154 (4.80%)	$25,336

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Scholarships, Grants, and Loan Trends at Northeastern

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time