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Northeastern University Oakland Financial Aid & Debt Outcomes

76% Freshmen Get Financial Aid
$59,676 Average Grant & Scholarship
70% Undergrads Get Grant Aid

The majority of students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Northeastern University Oakland can seem tremendous, but do not forget that almost all students are given some form of financial help.

Just what financing solutions does Mills deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to discover how much school funding could be available to you.

Why You Should Understand Mills Financial Aid Info

How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from Northeastern University Oakland.

Freshman Financial Aid at Northeastern University Oakland

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

At Northeastern University Oakland, 76% of first-year full-time students received aid of some kind approximately 368 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)67%$57,948
Institutional grants & scholarships65%$55,269
Federal Pell grants25%$6,779
State/local grants2%$6,941
Federal student loans51%$4,125

Grant Aid for Undergraduates at Northeastern University Oakland

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Mills, approximately 70% of undergraduates were awarded an average grant or scholarship of $59,676 (covering around 383 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)70%$59,676
Federal Pell grants27%$6,755
Federal student loans48%$4,199

For on-campus title-IV students, average grant aid came to $60,237.

Net Price at Northeastern University Oakland

Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.

CohortAverage Net Price
On-campus title-IV students$25,181

To project your own net price, use Mills’s online cost calculator: studentfinance.northeastern.edu/financial-tools-and-calculators/.

What Students Owe at Northeastern University Oakland

A typical borrower at Mills leaves with $22,000 in federal loans.

MetricAmount
Median federal debt (all student-aid borrowers)$22,000
Median federal debt (graduates only)$24,250
Typical 10-year monthly payment (graduates)$257.09/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

The Full Range of Student Debt

Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Mills.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$5,757
25th percentile$14,500
75th percentile$31,000
90th percentile (highest-debt students)$34,500

Debt by Student Cohort at Northeastern University Oakland

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$21,950
Middle income$22,601
High income$21,500

First-Generation Comparison

CohortMedian federal debt
First-generation students$21,500
Continuing-generation students$22,249

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$21,500
Independent students$23,791

At-a-Glance Debt Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at Mills.

Federal Stafford Lending at Northeastern University Oakland

Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Mills:

MetricValue
Stafford loan recipients58566
Total Stafford loan amount$1,471,703,811

Veterans Benefits at Northeastern University Oakland

If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.

GI Bill volume

MetricValue
GI Bill recipients1
Total GI Bill amount$17,040
Average GI Bill amount per recipient$17,040

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

More Financial Aid Resources from Northeastern University Oakland

References

More about our data sources and methodologies.

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