by our College Data Analytics TeamThe majority of students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Northeastern Illinois University can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial aid options can Northeastern Illinois University offer you, and what will you qualify for? Keep reading for more information. Scroll down to see just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Northeastern Illinois University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at Northeastern Illinois University, 90% of the incoming full-time class was awarded financial aid approximately 464 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $12,876 |
| Institutional grants & scholarships | 78% | $840 |
| Federal Pell grants | 81% | $5,533 |
| State/local grants | 83% | $7,172 |
| Federal student loans | 13% | $5,512 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, about 73% of undergrads got grants or scholarships worth on average $10,449 (among about 2965 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $10,449 |
| Federal Pell grants | 56% | $5,085 |
| Federal student loans | 19% | $7,232 |
On-campus students receiving title-IV aid were awarded grants averaging $12,851.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,596 |
| $30,001 – $75,000 | $13,953 |
| Over $75,000 | $20,101 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $14,109 |
| Off-campus title-IV students | $13,550 |
For a customized cost estimate, visit Northeastern Illinois University’s net price tool: www.neiu.edu/financial-aid/financing-your-education/calculating-your-net-cost.
The median federal debt load at Northeastern Illinois University comes to $11,969 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,969 |
| Median federal debt (graduates only) | $14,600 |
| Typical 10-year monthly payment (graduates) | $154.78/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Northeastern Illinois University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,675 |
| 25th percentile | $4,750 |
| 75th percentile | $19,743 |
| 90th percentile (highest-debt students) | $31,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $11,754 |
| Middle income | $11,875 |
| High income | $12,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $11,543 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,989 |
| Independent students | $13,500 |
A handful of calculated indicators summarize the debt outlook at Northeastern Illinois University.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Northeastern Illinois University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 18535 |
| Total Stafford loan amount | $326,034,640 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 42 |
| Total GI Bill amount | $409,711 |
| Average GI Bill amount per recipient | $9,755 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 4 |
| Total DoD amount | $6,000 |
| Average DoD amount per recipient | $1,500 |
References
More about our data sources and methodologies.