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Northeastern Merit Aid

Yschau20Yschau20 16 replies5 threads Junior Member
If the top 10-15% of Northeastern’s applicant pool is considered for merit aid and they have an acceptance rate of 18% does that mean that the majority of students receive merit aid? Is it supposed to say the top 10-15% of accepted students are considered for merit aid? Also, how hard competitive is the Dean’s Scholarship?
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Replies to: Northeastern Merit Aid

  • doggiefandoggiefan 14 replies0 threads New Member
    hello! I don't have any official stats about scholarship but I just wanted to let you know my friend and I both got Deans's scholarship. I'm not sure how competitive it is but i didn't do that well in terms of my other admissions and didn't get any other scholarships so i don't think it is too competitive but obv its only my personal experience

    my stats : UW 4.0 GPA/ UW ~4.6 GPA
    ACT: 35
    and i just submitted my common app which i thought was ok
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  • DadTwoGirlsDadTwoGirls 6417 replies1 threads Senior Member
    I do not think that the majority of accepted students get merit aid. "Considered" is not the same as "granted". Also, a $5,000 per year merit aid package is considered aid. However, it does not go very far when the school costs $75,000 per year.

    For us, Northeastern was tied with BU as the two most expensive schools that either daughter was accepted to. Neither was the highest ranked school that a daughter was accepted to.

    Whether it will be more affordable for you I cannot predict. If you want to attend Northeastern and have the stats it is reasonable to apply. However, do not count on getting merit based financial aid.
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  • Yschau20Yschau20 16 replies5 threads Junior Member
    Hi! If you don’t mind me asking, how much was the Dean’s Scholarship that you and your friend received?
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  • thumper1thumper1 77984 replies3490 threads Senior Member
    @Yschau20 Northeastern has been moving in the direction of providing mostly need based aid over the last several years. I would not count on getting merit aid from them.

    Do you have financial need? They have decent need based aid.
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  • Yschau20Yschau20 16 replies5 threads Junior Member
    I don’t have much financial need based on the net price calculator, however, I did receive a 22k Deans scholarship from the college of science and wanted to know how competitive this offer was compared to others that were admitted (as is, is this amount of Deans scholarship something NEU hands out to many admits?).
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  • thumper1thumper1 77984 replies3490 threads Senior Member
    That’s a decent scholarship. But it leaves you still with a HUGE net cost.

    Can your family pay the remaining net cost without parent loans?
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  • TomSrOfBostonTomSrOfBoston 15728 replies1052 threads Senior Member
    The max Dean's scholarship is about $25,000/year. If you are NMF that may be increased to $30,000/year which is the max merit aid.
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  • Yschau20Yschau20 16 replies5 threads Junior Member
    My current cost is $50k, however, I did appeal due to some changes in circumstances and am hoping to get the cost down to $45k or so and then I was thinking that doing two to three health science major coops there I would be able to get the cost to around $35k per year. As a health science major, how much should I expect to earn for two to three Coops?
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  • DadTwoGirlsDadTwoGirls 6417 replies1 threads Senior Member
    "My current cost is $50k, however, I did appeal due to some changes in circumstances"

    A $25,000 merit scholarship is very good. However, it still leaves a huge cost as you have noticed.

    Do you know what your parents would be comfortable paying? Certainly right now is a very tough financial time for many of us. Both jobs and investments have taken a big hit for many people across the US and worldwide. I have no idea what universities are going to do wrt need based financial aid right now. I think that many parents are not sure now what their financial status is.

    One daughter (currently attending a different university) did get very good biology related coops in a different geographic area and was paid better than minimum wage for a full 40 hours per week. However she needed to pay for room and board and a car, which eats up quite a bit of what she earned.

    What other options do you have, and are they more affordable?
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  • kmmordkmmord 37 replies2 threads Junior Member
    My DD received a 30k yearly honors scholarship, but will also receive additional money for being a NMF. Not sure yet on the amount. I believe she will attend Northeastern. She’s been accepted to:

    Carnegie Mellon no $$
    U of Mich (OOS) No $$
    UIUC (in state) 22K per yer
    U of MN 25k per year
    StevenS Institute no $$
    U of Alabama (full ride)

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  • Yschau20Yschau20 16 replies5 threads Junior Member
    I was also accepted to BU, BC, UMass Amherst, and UConn. Umass and Uconn are both about $30K and BU and BC are about $55k.
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  • thumper1thumper1 77984 replies3490 threads Senior Member
    edited March 29
    UMass and UConn are about half the net cost of BU and BC.

    Are your parents willing to spend almost double the net cost to send you to BC and BU? This is a family decision. Ask them.

    Really...I think you want us to tell you that NEU is your best option for premed. It’s not. They are all about equal.

    @WayOutWestMom could you tell this HS student what medical schools will be looking for??
    edited March 29
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  • Yschau20Yschau20 16 replies5 threads Junior Member
    Since BU, BC, and NEU are in their own cost bracket and UMass Amherst and UConn are in their own cost bracket, out of the former 3 which would be better for premed and out of the latter two which one would be better for premed? Also isn’t it possible that the 3 Coops from NEU could offset the cost so it is almost the same as UCONN and UMASS AMHEREST? (the current cost for me is actually $45k, not $50k)
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  • askaptaskapt 1 replies0 threads New Member
    how do you appeal scholarship ? write / email to which department ?
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  • Yschau20Yschau20 16 replies5 threads Junior Member
    I don't think you can appeal scholarship (can only appeal financial aid).
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  • thumper1thumper1 77984 replies3490 threads Senior Member
    Once more....all of these colleges are places where you can be a student with a premed intention. It’s not like one is any better than the others.

    Are you instate for UConn or UMass?
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  • Yschau20Yschau20 16 replies5 threads Junior Member
    I’m instate for UMass and would essentially pay instate tuition for UConn.
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  • PengsPhilsPengsPhils Forum Champion Northeastern, Forum Champion Math/Computer Science 4223 replies34 threads Forum Champion
    To answer the original question, I believe it is of accepted students. Under 50% of the school gets merit easily, and that 10-15% number has not changed along with the acceptance rate.
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  • thumper1thumper1 77984 replies3490 threads Senior Member
    @PengsPhils thank you for clarifying. My info is based on several NEU grads who did coop, and all took longer than 4 years to do so.

    I’m wondering how the coop terms interface with courses that are full year courses...things like the upper level sciences.

    Or can all coop work be done during summers?
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  • PengsPhilsPengsPhils Forum Champion Northeastern, Forum Champion Math/Computer Science 4223 replies34 threads Forum Champion
    @thumper1 I think you meant to respond here: https://talk.collegeconfidential.com/discussion/comment/22695642#Comment_22695642

    I went ahead and quoted you and replied there :)
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