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Are
there scholarships or financial assistance based on good grades?
All financial assistance administered by the Office of
Financial Aid at Northwestern is offered on the basis of need.
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What is a scholarship? What is a grant?
Grants and scholarships are
both monetary awards that do not need to be repaid. At Northwestern, the
Office of Financial Aid considers students for all available federal, state,
and University scholarships and grants at the time of application. |
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If
I receive an outside scholarship check in my name, what am I
supposed to do with the check? You must forward the
check to the financial aid office for proper crediting to
your account. You are required to report any outside scholarships
that you are or will be receiving, as they are considered
to be a part of your financial resources and must be taken
into account with any other financial aid received. Scholarship
funds are generally divided and applied equally over your
quarters of enrollment. |
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How
will an outside scholarship affect my aid award?
Because outside scholarships are a resource that you
will be receiving, your financial aid will have to be adjusted
accordingly. Northwestern's policy is to reduce self-help
first (subsidized loans and Federal Work-Study), and then
University Scholarship assistance. Scholarship funds are generally
divided and applied equally over your quarters of enrollment.
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I'm
filling out a scholarship application form, and it asks
for a breakdown of costs for the University. What are the
figures for 2008-09?
The basic budget used when calculating financial aid
eligibility for the 2008-09 academic year is as follows:
room & board - $11,295; books & supplies - $1,626; personal
expenses - $1,674; tuition - $36,756; fees - $169. Transportation
costs vary, as they are based on two round trip tickets
from the student's permanent address or, if the student
lives within a few hours drive of campus, gas mileage.
Many students also have an allowance for loan origination
fees included in their budget, which is $45
for upperclassmen. Freshmen and sophomores have an additional health services fee of $200. |
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Still have questions?
Try browsing these other categories of Frequently Asked Questions:
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If you don't find the answer to your question or would
like to discuss your concerns with a counselor, please
contact us by phone at (847) 491-7400 or e-mail us at
ug-finaid@northwestern.edu.
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