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#13 Best Private Colleges in Massachusetts

Northeastern Tuition & Cost

Boston, Massachusetts

 4 Reviews

How much does it cost to attend?

Sticker Price
$75,732
Costs for Northeastern University
Fee Cost
Tuition$54,360
Books and Supplies$1,000
Other Fees$1,092
Room and Board $17,480
Other Expenses Budget$1,800

Annual Prices

The annual list price to attend Northeastern University on a full time basis for 2020/2021 is $75,732 for all students regardless of their residency. This fee is comprised of $54,360 for tuition, $17,480 room and board, $1,000 for books and supplies and $1,092 for other fees. Out of state tuition for Northeastern University is $54,360, the same as Massachusetts residents.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend Northeastern University when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
$37,738
Net Price by Income Northeastern University
Family Income Net Price Paid
$0 to $30,000$10,240
$30,001 to $48,000$7,376
$48,001 to $75,000$18,389
$75,001 to $110,000$25,452
$110,000+$43,276

The average reported annual net price for Northeastern University for students receiving grants or scholarship aid was $37,738 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

82% of full-time undergrad Northeastern University received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $35,456 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 35% of students received Federal Student Loans averaging $5,182 and 5% of undergrads took out private student loans averaging $25,561.

Finanical Aid Northeastern University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $35,456 82%
Institutional Grants and Scholarships $34,116 79%
Pell Grants $5,649 12%
Other Federal Grants $3,336 13%
State and Local Grants $2,748 4%
Federal Student Loans $5,182 35%
Other Student Loans $25,561 5%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Northeastern University, we've modeled a ten year student loan with an original principal value of $129,972. The loan balance of $129,972 is a four year multiple of the $32,493 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $1,240 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $129,972
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $1,240.08
Total Interest Paid $18,837.15
Sum of All Loan Payments $148,809.15

Projected 4 Year Degree Price

4 Year Sticker Price
$302,928
Year All Residents
1 $75,732
2 $79,038
3 $82,489
4 $86,090

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Northeastern University to be $302,928 - assuming graduation in normal time. The estimation assumes a 4.4% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Northeastern University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,638 $4,914 $6,552

Estimated cost for a class at Northeastern University based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Northeastern University versus other colleges.

Tuition Payment Plans Available

Northeastern University Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan Yes
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=167358 IPEDS survey data for Northeastern University.