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Friday, April 26, 2024

Cost of college went up for all students at Northwestern University

Collegeclassroom01

Tuition and fees rose 3.6 percent for 2017-18 at Northwestern University, according to the latest disclosure from the U.S. Department of Education.

Illinois students paid $52,678 to attend the four-year private not-for-profit institution this year $1,823 more than the $50,855 charged for 2016-17.

Data shows 62 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 1,102 students received grants or scholarships totaling $42.53 million and 524 students took out student loans totaling more than $3.31 million.

Including all undergraduates, 4,664 students used grants or scholarships totaling $164.17 million. Another 2,369 took out $13.67 million in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
~6,547
$47,251
$49,047
$50,855
$52,678
11.5%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Northwestern University in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
308
15%
$2,043,244
$6,634
State / local grant or scholarship
158
8%
$742,613
$4,700
Institutional grants or scholarships
1,096
54%
$39,743,152
$36,262
Grant or scholarship aid total
1,102
55%
$42,529,009
$38,593
Federal student loans
512
25%
$2,433,452
$4,753
Other student loans
43
2%
$873,340
$20,310
Student loan aid
524
26%
$3,306,792
$6,311
Total student aid
1,245
62%

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