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Northwestern University
For Pell-eligible students with an EFC of 20% or less of the cost of attendance, after the family covers any EFC, the University covers the remaining student budget with work-study and grant aid.| For Pell-eligible students with an EFC of 20% or less of the cost of attendance. . . | 2009-10 Estimated Student Budget | ||||||||||
| After the family covers any EFC, the University ensures enough work study and grant aid to cover these expenses |
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Total Expenses: $53,984
For all students who have accumulated $20,000 in federal need-based loans, after the family covers any EFC, the University covers the remaining student budget with work-study and grant aid.
| For all students who have accumulated $20,000 in federal need-based loans. . . | 2009-10 Estimated Student Budget | ||||||||||
| After the family covers any EFC, the University ensures enough work study and grant aid to cover these expenses |
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Total Expenses: $53,984
About the Financial Aid Pledge (2009-10):
Who qualifies for the pledge (in addition to common requirements)?
Pell-eligible students with demonstrated with an EFC of less than 20% of the cost of attendance qualify for no loans. All students qualify for the $20,000 cap on cumulative need-based loans.
Pell-eligible students with demonstrated with an EFC of less than 20% of the cost of attendance qualify for no loans. All students qualify for the $20,000 cap on cumulative need-based loans.
How is EFC determined and used?
Institutional methodology determines both the parent contribution and eligibility for the program. Aid packages for freshmen include an expected student contribution of $2,200.
Institutional methodology determines both the parent contribution and eligibility for the program. Aid packages for freshmen include an expected student contribution of $2,200.
How much academic year work and/or need-based loans are included?
$2,300 in work. Pell-eligible students with an EFC of 20% of less than Cost of Attendance have no loans; all others have cumulative need-based loans capped at $20,000.
$2,300 in work. Pell-eligible students with an EFC of 20% of less than Cost of Attendance have no loans; all others have cumulative need-based loans capped at $20,000.
Does the offer account for the full student budget?
Yes.
Yes.
How are outside scholarships handled?
Outside scholarships reduce work-study then institutional grant aid.
Outside scholarships reduce work-study then institutional grant aid.
About the Institution (2007-08):
Location: Evanston, ILType: Private 4-year
Undergraduate enrollment: 9,844
Pell Grant recipients (a measure of low-income enrollment): 10%
Proportion of graduating seniors with student debt: 49%
Average debt: $19,808
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