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Scholarships & Grants

The following scholarships and/or grants are common components of a financial aid package, and they are given to students who demonstrate need.

Federal Pell Grant

Summary: Pell Grants are the foundation of federal student financial aid and is the largest federal grant program. These grants are generally awarded to degree-seeking undergraduate students who have not yet earned a bachelor's or graduate degree.
Eligibility: Awards are based on: (1) financial information submitted on the FAFSA, (2) cost of attendance, (3) whether the student will be full or part-time, (4) how many quarters the student will be enrolled during the academic year.
Award range: $890 - $4731 in 2008-09 and $976 - $5350 in 2009-10. Eligibility is based upon the Expected Family Contribution (EFC) on the FAFSA which must range between $0 and $4617.

Federal SEOG
(Supplemental Educational Opportunity Grant)

Summary: The SEOG supplements financial aid beyond the Federal Pell Grant.
Eligibility: Students who demonstrate high need are considered for this assistance if they are eligible for the Federal Pell Grant.
Award range: $100 - $4000, based on student need and availability of funding.

Illinois MAP
(Monetary Award Program)

Summary: A large state administered grant program for Illinois residents.
Eligibility: Students must be Illinois residents who: (1) are enrolled at least half-time at an approved Illinois postsecondary institution, (2) complete their FAFSA on time (and check the box indicating that the Department of Education should forward their information to the appropriate state agency), (3) demonstrate financial need, (4) meet other ISAC criteria.
Award range: Maximum of $4968 in 2008-09.

Northwestern University Scholarship

Summary: The University awards more than $50 million of its own funds to undergraduates each academic year. The NU Scholarship is generally the final component of an aid package, meeting any remaining need after other forms of aid have been applied.

Eligibility:

NU Appropriated Scholarship: Awards are based on demonstrated institutional financial need and availability of funding at the time the student applies. Recipients come from a wide range of income backgrounds.
NU Endowed Scholarship: Students who are eligible for the NU Scholarship will be considered for a variety of endowed scholarships if they also meet the donors' other selection criteria.
Award range: $250 to over $33,000 annually.
The chart below shows the number of students, broken down by parent income level, who were eligible to receive NU scholarship assistance.

Average NU Scholarship Awarded to Aid Recipients 2007-08

Parent Income Number of Students Percent of Students Average NU Scholarship

$0 - $30,000

514

18%

$24,780

$30,001 - $60,000

594

20%

$26,180

$60,001 - $90,000

719

25%

$24,153

$90,001 - $120,000

567

20%

$18,804

$120,001 - $150,000

298

10%

$14,280

More than $150,000

212

7%

$11,054

 

Founders Scholarship

Summary: Northwestern created the Founders Scholars Program in 2007 to honor the nine individuals who founded the University in 1850.
Eligibility: Awards are offered each year to a select group of incoming students from middle income families. While academic credentials weigh heavily in the selection process, other criteria taken into account include student essays, recommendations, leadership experience and potential, and academic interests. There is no separate application to receive consideration for a Founders Scholarship. Eligibility for renewal beyond the freshmen year requires a cumulative GPA of 3.0 which is reviewed on an annual basis.
Award range: $14,750 average award in 2008-09. These scholarships are renewable for four years so long as students make satisfactory academic progress.

 

No-Loan Pledge Scholarship

Summary: Beginning with the 2008-09 academic year, new undergraduate students who demonstrate the greatest institutional need have the opportunity to graduate from Northwestern without having to borrow any need-based loans. Current students are also eligible to receive this scholarship.
Eligibility: Students who demonstrate the greatest institutional need and who are eligible for the Federal Pell Grant are considered for this assistance. Read more about the Pledge Scholarship Program in Information for Pledge Scholarship Recipients (pdf).
Award range: $300 - $9500 in 2008-09. The University will replace federal need-based loan eligibility with No-Loan Pledge Scholarship assistance for students who qualify.

 

Debt Cap Scholarship

Summary: Beginning with the 2008-09 academic year, the University will cap federal need-based loans (Federal Perkins loans and Federal Subsidized Stafford loans) at $20,000 for students receiving Northwestern Scholarship assistance.
Eligibility: Students will be offered the Debt Cap Scholarship based upon institutionally determined financial need. Read more about the Debt Cap Scholarship Program in Debt Cap Scholarship Policies (pdf).
Award range: $300 - $9500 in 2008-09. Students will receive additional scholarship assistance to replace approved loans that exceed the cap. These additional funds will most likely be provided at the beginning of the senior year.

Fermi Scholarship

Summary: A competitive annual scholarship available to children of Fermi Lab employees.
Eligibilty:
Children of regular, full-time Fermi Lab employees are eligible to apply for the need-based Fermi Scholarship. Preference is given to students who have completed their sophomore year.
Award Range: There will be a total of $25,000 a year in Northwestern scholarship assistance designated for these awards. Five scholarships of $5,000 each will be awarded.
More information and an application for this scholarship can be found in Fermi Scholarship Information.

Argonne Scholarship

Summary: A competitive annual scholarship available to children of Argonne Lab employees.
Eligibilty:
Children of regular, full-time Argonne Lab employees are eligible to apply for the need-based Argonne Scholarship. Preference is given to students who have completed their sophomore year.
Award Range: There will be a total of $40,000 a year in Northwestern scholarship assistance designated for these awards. Eight scholarships of $5,000 each will be awarded.
More information and an application for this scholarship can be found in Argonne Scholarship Information.

QuestBridge National College Match Scholarship

Summary: Northwestern University is a partner college with QuestBridge, a not-for-profit organization that helps match low income students who have excellent academic records with selective colleges.
Award Range: Students accepted through the College Match Program receive a financial aid package that covers 100% of demonstrated need.
For more information, including deadline dates, please contact QuestBridge directly.