When applying for financial aid, it is important to understand and follow these steps in order to maximize your funding benefits. View NEIU’s Cost of Attendance to determine tuition, fees and other expenses associated with attending college.
Federal Student Aid Eligibility Requirements
You are …
- Enrolled in a degree-seeking program (student-at-large statuses are non-degree)
- A United States Citizen or Permanent Resident (eligible non-citizen)
- Maintaining minimum Standards of Satisfactory Academic Progress
- Not in default on any student loan nor owe a repayment on any grant
Step 1: FAFSA
Your path to financial aid begins with filling out the Free Application for Student Financial Aid (FAFSA). It takes about 30 minutes to complete online. Upon submission of the application, eligibility will be determined for Federal and State assistance (grants, loans and work study funds).
You will need:
• your social security number or alien registration number
• a four-digit PIN number for yourself (which you can set up at www.pin.ed.gov)
• your most up-to-date financial documents
- last year's tax return
- last year's W2 forms
- records of non-taxed income (e.g., welfare and veterans benefits)
- asset information (e.g., bank statements, brokerage statements, mortgage information)
You will also need the school code for Northeastern 001693. When you fill in the form, it's important not to leave any part blank. If you encounter a problem, there is a hotline for help: 1-800-4FEDAID.
A few days after submitting the FAFSA form, you will receive a Student Aid Report (SAR). Northeastern will also receive a copy of your SAR. This report takes the Cost of Attendance at Northeastern and subtracts the Expected Family Contribution or EFC based on information from your FAFSA. The result is a calculation of your Financial Need. Based on this calculation, Northeastern will send you a financial aid package, including any Federal and State eligibility.
After you receive your Student Aid Report, it's up to you to actually apply for the scholarships or loans that you are eligible for. Some of these applications are competitive. Some of the applications involve writing a brief essay that explains why that scholarship is important to you.
- Misunderstanding or misinterpretations of the instructions could delay the process.
- Keep copies of Student Aid Report (SAR) and supporting documents.
- File FAFSA prior to February 15 in order to meet NEIU's priority filing deadline.
- SARs are reviewed in order of date received and aid is awarded based on the availability of funds.
New Students (Freshmen and Transfer Students)
- SARs received after April 30 may not be processed in time to meet Fall semester payment dates; late applicants should be prepared to make the initial payment.
- FAFSA can be submitted, even if you have not been admitted to NEIU.
- Final award offers will be delayed until admittance to NEIU is confirmed.
- An online Loan Entrance Counseling session must be completed by all first time Direct Loan borrowers. This session expires after five years.
- Be sure the NEIU Enrollment Services Office has your Social Security Number (SSN). To be eligible for Federal and State assistance, the SSN on the FAFSA must match the SSN with NEIU.
Watch the Federal financial aid overview video from studentaid.gov