INVESTING IN YOUR FUTURE When it comes to a private university education, the first question that most students ask is: What will it cost me? While the numbers themselves might seem overwhelming, it’s important to remember that your education is an investment that will pay dividends throughout your life. We recognize that you are making an investment in your future. In return, we are dedicated to providing the resources you need to make your education affordable.
HOW TO FUND YOUR EDUCATION At NU, a quality Christian education is made more affordable by a variety of grants, scholarships, and loans. Let us put together a financial aid package just for you.
Scholarships • Academic • Music • Athletic • Leadership
Need-Based Aid
• NU Success Scholarships • Grants • Work Study • Loans
Cost of Attendance for 2015–2016 • Tuition: $27,700 • Room and Board: $7,790 • Students Receiving Financial Aid: 97% • Average Financial Aid Award: $20,254
More information about financial aid is available at northwestu.edu/financialaid.
Contact Us Today! northwestu.edu/admissions
800.669.3781
admissions@northwestu.edu
FINANCIAL AID OPTIONS Scholarship Name Eligibility
Amount
Awarding Process
Presidential
New freshman with at least a 3.75 GPA and 1840 SAT or 28 ACT.
Full Tuition
Invitation to Spring Presidential Scholarship Competition
Provost
New freshman with at least a 3.75 GPA and 1840 SAT or 28 ACT.
Half Tuition
Invitation to Spring Presidential Scholarship Competition
Freshman: at least a 3.0 GPA & 1840+ SAT or 28+ ACT.
$12,000
Automatically awarded
Silver
Freshman: at least a 3.0 GPA & 1670–1830 SAT or 25–27 ACT.
$10,000
Automatically awarded
Bronze
Freshman: at least a 3.0 GPA & 1400–1660 SAT or 22–24 ACT.
$8,000
Automatically awarded
Athletic
Athletes selected by NU coaches.
Varies
Contact coach
Gold
Transfer
Transfer student with at least a 3.0–3.2 GPA is awarded $6,000; a 3.3–3.5 GPA is awarded $8,000; and a 3.6 GPA or higher is awarded $10,000.
$6,000– $10,000
Automatically awarded
Assemblies of God Tuition Credit
Student must be the spouse, dependent, or themselves an A/G Minister (licensed or ordained), A/G Chaplain, or full-time Administrator at an A/G Christian school (K–12). Annual review of need and eligibility requirements.
15% of Tuition
Automatically awarded
District Youth Director (DYD) nominates high school senior. One-time award.
$1,000
Nomination from DYD due by February 15
District Youth Director Missionary Tuition Credit
Student must be the spouse, dependent, or themselves a missionary currently serving under the appointment of a recognized missions board. Annual review of need and eligibility requirements.
Up to 50% of Tuition
International
International student with documented need. Student must have ability to cover additional cost of attendance. Reviewed annually.
Varies
Submit application by February 15
Family Tuition Credit
For students with a sibling, dependent child, or spouse currently attending NU.
15% of Tuition
Automatically awarded
Student with demonstrated financial need and academic potential. Eligible for renewal based on annual financial aid application and FAFSA.
Varies
Submit FAFSA by February 15
Participation in district, regional, or national competition.
Up to $2,000
Submit application by February 15
Recognized talent in music (instrumental or vocal).
Varies
Live audition to be held with faculty by February 15
New students who attend a scheduled visit by February 15 of their senior year. One-time award.
$500
Visit Northwest by February 15
NU Success Bible Quiz Music Visit
Documentation from recognized missions board
Scholarships: Awarded to students based on merit, talent, or need and do not need to be repaid. For a complete list, visit northwestu.edu/scholarships.
Grants: Awarded based on financial need. Do not need to be repaid. Loans: Borrowed money to help pay for your education. Payments are often postponed until after graduation. Work Study: Money provided from part-time work at NU or in the surrounding area.
Grant Name Eligibility & Features Federal Pell Grant Federal Supplemental Educational Opportunity Grant (FSEOG)
Based on need from FAFSA.
Based on need from FAFSA. Limited funding.
Amount
Awarding Process
$400–$5,730, est. by Federal Government
Submit FAFSA by February 15
$500
Submit FAFSA by February 15
Education majors with at least a 3.25 GPA.
$4,000
Submit FAFSA and request grant. Visit teachgrant.ed.gov for more information.
Based on need from FAFSA. Student must be a nonministry major. Parent and student must be eligible Washington State residents. Limited funding.
Varies
Submit FAFSA by February 15
Eligibility based on Washington State requirements.
Varies
Submit FAFSA by Febrary 15
Amount
Awarding Process
Freshman or sophomore students who are Pell Grant eligible. Must be a dependent student. Payment and 5% interest rate starts nine months after last date of enrollment.
Varies
Submit FAFSA and meet priority deadline of February 15
Based on need from FAFSA. Payment and interest start six months after last date of enrollment. Interest is subsidized by the government while in school.
Varies
Submit FAFSA by Febrary 15
Federal Unsubsidized Direct Loan
Not need based. Interest is not subsidized, but accrues while in school. Payment starts six months after last date of enrollment.
Varies
Submit FAFSA by Febrary 15
Federal Parent Loan for Undergraduate Students (PLUS)
All dependent students. Not need based. Parents can borrow on behalf of students based on credit eligibility. Interest is not subsidized.
Up to the cost of attendance, minus any other financial aid
TEACH Washington State Need Collegebound
Loan Name Eligibility & Features Federal Perkins Federal Subsidized Direct Loan
Alternative Loans
Not need based. Student loans made through a lending institution. Based on credit eligibility.
Work Study Eligibility & Features
Maximum amount determined by bank, but not to exceed cost of attendance minus other financial aid awards
Submit FAFSA and apply at studentloans.gov
Apply with bank, receive bank approval, and complete paperwork with bank
Amount
Awarding Process Submit FAFSA by Febrary 15
Federal Work Study
Based on the FAFSA. Student may find on-campus employment.
Varies
Washington State Work Study
Based on the FAFSA and must be resident of the state of Washington. State Work Study is an off-campus employment program that supports part-time employment.
Varies
Submit FAFSA by Febrary 15
FINANCIAL AID STEPS How to Apply Step 1 Apply for admission at northwestu.edu/apply.
Step 2 Complete the FAFSA (Free Application for Federal Student Aid) after January 1. NU’s priority deadline is February 15. We recommend filling out the FAFSA even if you don’t think you’ll qualify for aid, because NU uses the FAFSA to determine institutional scholarships. fafsa.ed.gov FAFSA Code: 003783
ROBERT VALDEZ it wasn’t for my scholarship, “ IfI wouldn’t be able to attend Northwest. The Financial Aid office also helped me find the right loans to get me through my college career. My education and experience at Northwest was undeniably amazing and pivotal to the formation of my success in business.”