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