Over the past 10 years (2013-2022), 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.

For full-time, first-time beginning students (freshmen), 74.22% of students received grants or scholarships and 42% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows 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.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-148,949 (68%)$21,5341,747 (13%)$4,2595,832 (44%)$6,673
2014-158,826 (65%)$23,2541,675 (12%)$4,2965,526 (41%)$6,527
2015-168,584 (63%)$25,2401,617 (12%)$4,3255,314 (39%)$6,418
2016-178,474 (63%)$26,9881,639 (12%)$4,3375,046 (37%)$5,868
2017-188,807 (64%)$28,1991,673 (12%)$5,5805,032 (36%)$5,918
2018-198,774 (63%)$28,4491,546 (11%)$5,7834,616 (33%)$5,934
2019-209,150 (64%)$28,5351,548 (11%)$5,6344,307 (30%)$6,161
2020-219,666 (64%)$30,0841,692 (11%)$5,7884,966 (33%)$5,977
2021-2210,537 (67%)$33,7571,973 (13%)$6,0344,586 (29%)$5,573
Average9,085 (64.56%)$27,3381,679 (11.89%)$5,1155,025 (35.78%)$6,117
*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.

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

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
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,002 (69%)$27,4421,202 (42%)$6,341
2014-152,073 (70%)$30,4211,290 (44%)$6,220
2015-161,933 (69%)$32,7931,201 (43%)$6,248
2016-171,886 (70%)$34,6911,240 (46%)$6,025
2017-182,254 (73%)$33,6621,339 (43%)$6,792
2018-192,073 (75%)$34,0941,073 (39%)$8,628
2019-202,394 (80%)$35,4561,073 (36%)$8,697
2020-212,501 (80%)$36,3081,400 (45%)$8,086
2021-223,697 (82%)$42,3311,871 (42%)$8,278
Average2,313 (74.22%)$34,1331,299 (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.

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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14321 (11%)$4,417269 (9%)$2,909128 (4%)$1,2881,999 (69%)$26,300
2014-15377 (13%)$4,313333 (11%)$2,637112 (4%)$2,2352,068 (70%)$29,163
2015-16393 (14%)$4,471343 (12%)$2,554107 (4%)$2,6211,927 (69%)$31,383
2016-17391 (15%)$4,389304 (11%)$2,906110 (4%)$2,7421,877 (70%)$33,312
2017-18399 (13%)$5,239363 (12%)$3,045154 (5%)$2,5352,243 (72%)$32,228
2018-19311 (11%)$5,493286 (10%)$3,237109 (4%)$2,4532,070 (75%)$32,741
2019-20373 (12%)$5,649402 (13%)$3,336124 (4%)$2,7482,377 (79%)$34,116
2020-21421 (13%)$5,544603 (19%)$3,188104 (3%)$3,0792,493 (80%)$34,588
2021-22801 (18%)$6,0131,446 (32%)$3,550270 (6%)$2,8163,677 (82%)$39,648
Average421 (13.33%)$5,059483 (14.33%)$3,040135 (4.22%)$2,5022,303 (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.

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.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,202 (42%)$6,3411,202 (42%)$6,341--
2014-151,290 (44%)$6,2201,290 (44%)$6,220--
2015-161,201 (43%)$6,2481,201 (43%)$6,248--
2016-171,240 (46%)$6,0251,240 (46%)$6,025--
2017-181,339 (43%)$6,7921,336 (43%)$5,99256 (2%)$19,448
2018-191,073 (39%)$8,6281,054 (38%)$5,224153 (6%)$24,525
2019-201,073 (36%)$8,6971,046 (35%)$5,182153 (5%)$25,561
2020-211,400 (45%)$8,0861,378 (44%)$5,154148 (5%)$28,495
2021-221,871 (42%)$8,2781,821 (41%)$4,430259 (6%)$28,653
Average1,299 (42.22%)$7,2571,285 (41.78%)$5,646154 (4.80%)$25,336

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