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Purdue University Northwest Financial Aid Details

92% Freshmen Get Financial Aid
$6,572 Average Grant & Scholarship
54% Undergrads Get Grant Aid

A lot of students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Purdue University Northwest can sound overpowering, but remember that the majority of students get some type of financial assistance.

Just what financing solutions does Purdue Northwest provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to learn just how much financial aid will be open to you.

Understanding Purdue Northwest Financial Aid Info

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Purdue University Northwest.

Financial Aid for First-Year Students at Purdue University Northwest

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.

For incoming first-year students at Purdue University Northwest, 92% of entering full-time freshmen got some type of financial assistance roughly 1081 incoming students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)89%$6,992
Institutional grants & scholarships74%$2,360
Federal Pell grants42%$5,639
State/local grants33%$6,270
Federal student loans30%$4,779

Undergraduate Grant Aid at Purdue University Northwest

Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Purdue Northwest, around 54% of the undergraduate population received grant aid that averaged $6,572 (across approximately 4298 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)54%$6,572
Federal Pell grants28%$5,038
Federal student loans25%$6,038

For students living on campus and receiving title-IV aid, grants averaged $9,492.

How Cost Varies by Income at Purdue University Northwest

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$4,499
$30,001 – $75,000$7,495
Over $75,000$14,459

These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.

Average Net Price for Purdue University Northwest

The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.

CohortAverage Net Price
On-campus title-IV students$6,079
Off-campus title-IV students$8,463

To project your own net price, use Purdue Northwest’s net price tool: www.pnw.edu/financial-aid/cost/net-price-calculator/.

What Students Owe at Purdue University Northwest

Graduating students at Purdue Northwest carry a median federal student debt of $13,031 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$13,031
Median federal debt (graduates only)$21,229
Typical 10-year monthly payment (graduates)$225.06/mo

Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.

How Debt Is Distributed Across Students

A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Purdue Northwest.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,250
25th percentile$5,864
75th percentile$25,000
90th percentile (highest-debt students)$37,716

Debt by Student Cohort at Purdue University Northwest

The figures below break down median federal debt by income tier, first-generation status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$13,767
Middle income$12,765
High income$13,000

First-Generation Comparison

CohortMedian federal debt
First-generation students$13,087
Continuing-generation students$13,000

By Dependency Status

CohortMedian federal debt
Dependent students$12,000
Independent students$16,525

Debt Burden Indicators

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

Federal Student Loans at Purdue University Northwest

Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Purdue Northwest:

MetricValue
Stafford loan recipients35849
Total Stafford loan amount$734,803,802

Veteran and Military Aid at Purdue University Northwest

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients73
Total GI Bill amount$336,059
Average GI Bill amount per recipient$4,604

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients24
Total DoD amount$75,162
Average DoD amount per recipient$3,132

References

More about our data sources and methodologies.

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