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Northeastern University
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Office of Student Financial Services
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Expert Advice.
Friendly Service. Personalized
Support.
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Determining A Financial Plan
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The payment calculator will allow you to minimize the
overall cost of your Northeastern education.
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Using this calculator will allow you to determine the best
way to minimize the cost of borrowing.
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By indicating your balance due (Step 1) and the amount you
can afford to pay per month (Step 2),
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the calculator will determine the best distribution of
your monthly payment using a combination of
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our interest free monthly payment plan and one of three
loan options.
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Work through the steps below to determine the best
combination of a monthly payment
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plan and borrowing.
Please note that all figures are estimates, and that your
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actual payments may vary.
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Step 1 - Cost of Attending Northeastern
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Click
here to determine your costs minus any financial aid.
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Step 2 - Monthly Payment Amount
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Please
indicate the amount you can afford to pay per month.
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The results presented to you below reflect four options
for making payments for your Northeastern
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education.
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Payments Only
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Using our
interest free payment plan through Tuition Pay,
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you make
payments to the University without incurring
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future
debt. All payment estimates are based
on a 10-month plan.
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Payments & PLUS Loan (10 yrs)
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Combines
payments to NU with a Federal Direct Parent PLUS Loan.*
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Payments & MEFA Loan (15 yrs)
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Combines
payments to NU with a MEFA Loan.*
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Payment Options
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Payments Only
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PLUS Loan
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MEFA Loan
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Monthly Cash Payments
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Total of Monthly Payments
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Monthly Loan Payment
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Total Loan Amount
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Total Interest Paid Over Loan Term
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$0
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Total Monthly Payment
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Total Balance Paid
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* Payments and interest are calculated based on fixed
rates and do not include origination fees.
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