Northeastern University

In 2022, tuition for full-time students at Northeastern was $59,100 a year.

Tuition was the same price in 2023 compare to the year before. Usually, colleges raise tuition about 3% each year.

If these numbers sound impossible, remember, the displayed price of tuition does not always give you all the info you need to know how much you will actually have to pay for college. Many students find the actual cost of college is a lot less than the sticker price after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make theprice of collegefeel more doable until you've finishing school and found a job.

Northeastern University meets 89.2% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Northeastern University is around $55,160 a year.

Students in the class of 2023 who had taken out student loans graduated with an average of $32,559 of debt.

Does Northeastern University Offer In-State and Out-of-State Tuition?

Northeastern University is a private, nonprofit institution, so it has the same tuition for residents of Massachusetts as it does for students who live in other states.

Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a college where you qualify for in-state status can cut the cost of college tuition. Be sure to confirm your state's guidelines for how to qualify for in-state tuition. Each state has different requirements to qualify as in-state resident. The most common requirement is that students must have lived in the state for a full year before starting school. There may be additional requirements as well, depending on where you live.

Explore other Massachusetts colleges

Is Northeastern University's Tuition Different for International Students?

Tuition at Northeastern University is the same for each student.

Students from outside of the U.S. are not eligible for loans or grants from the U.S. government, but may be eligible for private or Northeastern University-specific grants, scholarships, and other funding opportunities.

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Northeastern University Room, Board, Fees, and More

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Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Northeastern University.

House and Food Costs at Northeastern University

Housing and campus dining at Northeastern University is $18,440 a year. This number covers the cost of living in dorms or other on-campus housing, plus a dining plan that allows you to eat in the Northeastern University's on-campus cafeterias and dining facilities. Students who live off campus but still want to use the dining facilities can choose to be on a meal plan. The cost of a mean plan, or board-only, is $10,250.

Board costs vary based on on how many meals are included in the plan you choose.

How Much Do Books Cost at Northeastern University?

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books and supplies depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Yearly Fees

Most schools charge some yearly fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.

There may be other costs associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Many schools have ways so that those who may struggle to participate because of cost can get help covering these costs.

Planes, Trains, and Automobiles: Transportation costs at Northeastern University

The cost of getting around in college depends on a few key factors. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus easy to get around on foot? Do you plan to bring a car or are you planning to use busses, subways, or other modes of transportation? All of these factors can drastically impact your estimated cost of transportation. At Northeastern University, freshman are allowed to park on campus.

The location of a college or university can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in an urban area may be expensive, but cities may offer more buses, trains and low-cost flight options to actually get to school. The Northeastern University campus is located in a city in Massachusetts, near Boston.

Other Costs

When creating a budget for college, be sure to consider personal expenses, like entertainment, clothes, furnishings and toiletries.

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Financial Breakdown for Northeastern University

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Now, let’s go over all of the costs we've covered, to get a better estimate of what is really costs to go to Northeastern University.

Total Cost of Northeastern University

What will the cost of attending Northeastern University be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$59,100
Room and Board	$18,440
Board Only	$8,190

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$78,632
Off-Campus	$69,282

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

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Northeastern University Financial Aid

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In 2023, 6,203 of the 20,980 undergrads enrolled received financial aid. Northeastern University meets 89.2% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $55,160 a year. Around 45.75% of Northeastern University undergrads take out student loans to cover any remaining costs. Northeastern University graduates who have student loans graduate with an average of $32,559 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$22,241
Private Loans	$48,821

Most Common Loans for Northeastern University Students
Federal Loans	44.77%
Private loans	8.95%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Northeastern University financial aid, keep reading, or visit their financial aid website.

Scholarships at Northeastern University

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Northeastern University awarded 6,033 need-based scholarships to students, giving away total of $244.8 million to help students with financial need cover the cost of school. An additional $121.09 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Northeastern University Net Cost

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Northeastern University students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Northeastern University was $55,160 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Northeastern University seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$23,472
Off-Campus	$14,122

What will attending Northeastern University really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Northeastern University's net cost calculator on their website.

Northeastern University Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Northeastern Tuition Waivers

Schools sometimes waiver tuition for certain groups, to make attending more affordable. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.

Check the financial aid website for more information on payment plans and tuition waivers.

Northeastern University's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

For more information about Northeastern University's endowment, check with the school directly.

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Learn More About Northeastern University

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Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.

Overview

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