t h e u n i v e r s i t yCollege Expenses
Introduction Payment Methods and Due Dates Tuition, Room, Board and Fees per Quarter Room and Board Introduction
Northeastern University is eager to assist you in developing a plan for financing a Northeastern education. Through a variety of options--financial aid, supplemental loans, Northeastern's Monthly Payment Plan, and your own resources--a plan can be designed that will make your education costs affordable. Visit us on the Web at http://www.neu.edu/bursar or call 617.373.2270.
Financial Aid
For many families, financial aid is a major element in making Northeastern University affordable. The Office of Student Financial Services provides a full range of options that help undergraduate and graduate students finance their educations. To take advantage of Northeastern's financial aid programs, freshmen must submit the FAFSA and PROFILE forms and upperclass students must submit the FAFSA and NU Upperclass Application. For more information, please contact our Office ofStudent Financial Services at 617.373.3190. Student/Parent Loans
In addition to the federal loans that may be on your Offer of Financial Assistance, there are additional loans that can assist you in financing your Northeastern education. Federal PLUS loans for parents/guardians are available at competitive interest rates; you may borrow up to the cost of your education less any financial aid or loans you are receiving. The MASSPlan, a family loan program, is available to all Northeastern families (regardless of state of residence) once eligibility requirements are met. For information about these and additional borrowing options, please contact our Loan Office at 617.373.3190.Northeastern's Monthly Payment Plan
All full-time students have the option to enroll in the UniversityÕs Monthly Payment Plan. This plan allows students and families to spread their annual tuition costs (less the financial aid) over twelve months. (See enrollment dates below.) The plan is administered by Academic Management Services (AMS). For additional information you may contact the Bursar's Office at 617.373.2270 or AMS at 1.800.635.0120 or visit the Web sites http://www.neu.edu/bursar or http://www.amsweb.com.
Enroll by Monthly payments June 25 Budget amount/12 payments July 25 Budget amount/11 payments August 25 Budget amount/10 payments September 25 Budget amount/9 payments Payment Methods and Due Dates
The following are accepted methods of payment.
- Check or Money Order made payable to Northeastern University.
- Mastercard, Visa, American Express, or Discover. Payments may be made by calling our 24-hour automated charge line, 617.373.2319 or, outside the 617 area code, 1.800.937.4067.
- Enrollment in NortheasternÕs Monthly Payment Plan.
Full payment of tuition, residence hall fees, and other related charges are due prior to the start of each academic quarter. The payment due dates are as follows.
Fall Quarter Freshmen August 1 Upperclass August 21 Winter Quarter Freshmen and Upperclass December 4 Spring Quarter Freshmen and Upperclass February 26 Summer Quarter Freshmen and Upperclass May 21 Students are responsible for the prompt payment of all bills. If you have not received a bill by the first week of the quarter, please contact the BursarÕs Office and a bill will be generated for you.
Any discrepancies on your bill should be brought to the attention of the Bursar's Office in writing within thirty days. If there is a billing problem, pay the undisputed portion of the bill to avoid any additional late fees.
Overloads/Reduced loads. Undergraduate day tuition is charged on a flat per-quarter basis that includes the cost of each student's normal academic curriculum requirements for that quarter. An overload occurs when a student is enrolled in more courses than prescribed by the program's curriculum. Undergraduate full-time day students may register for an additional one quarter hour course without added charge, as long as they are registered for a full course load. Adjustments are made for undergraduate full-time students with reduced loads only when the course load falls below twelve credits.
Delinquent balances. In cases of student default on tuition payments, the student is liable for the outstanding tuition as well as for all reasonable collection costs and any legal fees incurred by the University during the collection process. Accounts may be subject to monthly interest charges. Transcripts and other academic records will not be released until all financial obligations to the University have been met.
Tuition, Room, Board, and Fees per Quarter
2000-2001 Academic YearAt Northeastern University, the academic year consists of four quarters. Full-time freshmen spend three quarters in classes and a summer term on co-op or on vacation. Full-time upperclass students participating in the co-op program typically spend two quarters in classes and two quarters on co-op. As a transfer student, the number of quarters you will spend in school depends upon the curriculum of your college. A transfer student may be in school for three quarters and on co-op for one. You are advised to verify your curriculum with your dean's office so that you can plan accordingly.
Freshmen enrolled with partial credit will be charged the upperclass tuition rate when they reach sophomore status or have 36 earned quarter hours, including transfer credits.
The total costs for students living in our residence halls and enrolled in the 19-meal plan are as follows:
Tuition and fees per quarter Freshman Upperclass Tuition $6,465 $8,160 Student center fee 50 50 Student activities fee 15 15 Health service fee 756* 756* Room, board, and fees per quarter Residence activity fee $15 $15 Housing 1,620** 1,620** Nineteen-meal plan 1,425 1,425 Total cost per quarter 10,346 12,041 Total annual cost $29,526 $23,326 Assumption: (Freshmen: three quarters in school; upperclass: two quarters in school)
*Annual Fee: Students may waive health service fee. See University health insurance.
**Rates vary depending on occupancy and assignment. See Room and Board.
The total costs for commuting students are as follows:
Tuition and fees per quarter Freshman Upperclass Tuition $6,465 $8,160 Student center fee 50 50 Student activities fee 15 15 Health service fee 756* 756* Total cost per quarter 7,286 8,981 Total annual cost $20,346 $17,206 Assumption: (Freshmen: three quarters in school; upperclass: two quarters in school)
*Annual Fee: Students may waive health service fee. See University health insurance.
In addition to the expenses itemized above, families should plan on the normal costs of living that students incur for transportation, books, and personal expenses. These vary widely depending upon such things as lifestyle and distance from home, but for the purpose of approximating a student budget, the University estimates these items at $2,550/year for residents and $4,440/year for commuting students.
Tuition rates, room and board charges, and fees are subject to revision by the board of trustees at any time.
The following fees are required of all students.
Application fee. This nonrefundable $45 fee must accompany an application for admission.
Tuition deposit. A nonrefundable tuition deposit of $200, which is applicable toward the first quarter's tuition, is due by May 1 from all students entering in September. Students entering at other times of the year should note the required deposit date on their letter of acceptance.
Summer orientation fees. Summer orientation registration materials will be mailed to incoming students who have paid their tuition deposit. The summer orientation is a mandatory program for all new and transfer students enrolled in classes for the fall quarter. A nonrefundable fee must accompany the student registration for summer orientation. This fee covers all program materials, meals, and housing. The fee is $95 for new students and $95 for transfers. Session changes once assigned will increase the fee by $10 to cover related administrative costs. Students should contact the Office of New Student Orientation and Commuter Services if they wish to make payment arrangements for their summer orientation fee. Each parent or family member who will attend the parents/family summer orientation program must also include the nonrefundable fee of $95 with his or her registration.
Student services fee. Students pay a $50 quarterly student center fee to support the Curry Student Center and a $15 quarterly student activities fee to support student clubs.
Husky Card (photo-identification card). This card is issued to new full-time students at orientation and registration. Students must have a properly validated card to use most University facilities. A replacement card costs $10.
University health insurance. The University provides hospital insurance for all students who have matriculated, are carrying a course load of nine credits or more, or who are in a full-time program. This program is mandated by the Commonwealth of Massachusetts.
Students who are covered under a comparable hospital insurance plan may waive the University-offered insurance program by filing a waiver available at the Finance Office, 249 Richards Hall. Deadlines for waiving are applicable. A waiver form must be completed annually at the start of each academic year.
Health Insurance Waiver Process. All students who have matriculated, are taking at least nine quarter hours, or who are enrolled as full-time students are eligible for membership in the University-sponsored health insurance plan. First-year students are eligible to waive the Health Service insurance fee if they can show proof of comparable coverage. Deadline dates do apply. Contact the Finance Office at 617.373.2111 for specifics.
Sports pass fee. This $45 fee ($25 if student begins classes in winter quarter) allows students to attend all regular home games without additional charges.
Other fees may include the following:
Housing pre-payment. New students seeking on-campus housing must submit a nonrefundable $400 prepayment along with a completed housing application form to complete the housing application process. The upperclass housing prepayment is $200 for one quarter or $150 per quarter for two or more quarters.
Residence hall activities fee. All students living in the residence hall system pay a quarterly $15 fee for activities sponsored by the Residence Student Association.
Late fees. All accounts not paid in full by the indicated due dates will be subject to a late fee of $200.
International student fee. A one-time fee of $200 is charged to new undergraduate international students, payable after their acceptance at Northeastern University. The fee supports services available at the International Student Office.
Laboratory fees. Students taking laboratory courses will be charged for laboratory cards. The laboratory card fee will be applied to the tuition bill. Rates for the laboratory cards are as follows:
Arts Studio Laboratory $35 Media Studio Laboratory $35 Biology Laboratory $50 Medical Laboratory/ScienceÊLaboratory $35 Chemistry Laboratory $65 ÊÊ Computer Graphics Laboratory $50 Photography Laboratory $50
During the first week 75 percent credit During the second week 50 percent credit During the third week 25 percent credit After the third week no credit University Dining Service
All students who live in traditional University residence halls and suites are required to participate in the food plan run by University Dining Service.
Meals per week Cost per quarter 19 $1,425 15 $1,290 10 $1,165 Ð5 $Ê 575 upperclass only Husky account. Students deposit funds into a Husky Account and, using their Husky Cards, can purchase books, groceries, tickets, and snacks at convenient locations on and off campus. The account accrues no interest. Contact the Husky Card office at 617.373.8322 for additional information or visit our Website at http://www.neu.edu/bursar/huskyid/.