NU Investing in your future 2014 issuu

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More information about financial aid is available at northwestu.edu/financialaid. Scholarships Academic Music Athletic Leadership HOW TO FUND YOUR FUTURE Need-based Aid NU Success Scholarship Grants Work Study Loans At NU, it’s more affordable than you think. We have several options to help you fund your education. Cost of Attendance for 2014–2015 Tuition: $26,410 Room and Board: $7,620 Students Receiving Financial Aid: 97% Average Financial Aid Award: $19,421 northwestu.edu/admissions 800.669.3781 [email protected] Contact Us Today! 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. As an NU student, you will do more than simply participate in classroom discussions. You will have the opportunity to develop a global perspective through study abroad programs, to gain real-world experience through internships, and to network with your professors and other industry professionals. Our distinctly Christian environment and strong learning community prepare you for personal and professional long-term success. 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. INVESTING IN YOUR FUTURE

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Transcript of NU Investing in your future 2014 issuu

Page 1: NU Investing in your future 2014 issuu

More information about financial aid is available at northwestu.edu/financialaid.

Scholarships• Academic• Music • Athletic• Leadership

HOW TO FUND YOUR FUTURE

Need-based Aid• NU Success Scholarship• Grants • Work Study• Loans

At NU, it’s more affordable than you think. We have several options to help you fund your education.

Cost of Attendance for 2014–2015• Tuition: $26,410• Room and Board: $7,620 • Students Receiving Financial Aid: 97%• Average Financial Aid Award: $19,421

northwestu.edu/admissions 800.669.3781 [email protected]

Contact Us Today!

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. As an NU student, you will do more than simply participate in classroom discussions. You will have the opportunity to develop a global perspective through study abroad programs, to gain real-world experience through internships, and to network with your professors and other industry professionals. Our distinctly Christian environment and strong learning community prepare you for personal and professional long-term success. 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.

INVESTING IN YOUR FUTURE

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Scholarship Name Eligibility Amount Application Process

Presidential New freshman with at least a 3.75 GPA and 1840 SAT or 28 ACT. Full TuitionSubmit portfolio byFebruary 15.

Provost New freshman with at least a 3.75 GPA and 1840 SAT or 28 ACT. Half TuitionSubmit portfolio byFebruary 15.

Gold Freshman: 3.4 GPA & 1840+ SAT or 28+ ACT $8,000Automaticallyawarded.

Silver Freshman: 3.4 GPA & 1670-1830 SAT or 25-27 ACT $6,000Automaticallyawarded.

Bronze Freshman: 3.4 GPA & 1400-1660 SAT or 22-24 ACT $4,000Automaticallyawarded.

Athletic Athletes selected by NU coaches. Varies Contact coach.

TransferTransfer student with at least a 3.0–3.29 GPA is awarded $4,000; a 3.3–3.59 GPA is awarded $6,000; and a 3.6 GPA or higher is awarded $8,000.

$4,000–$8,000

Automaticallyawarded.

Assemblies of GodTuition 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

Automaticallyawarded.

District YouthDirector

District Youth Director (DYD) nominates high school senior.One-time award.

$1,000Nomination from DYDdue by February 15.

Missionary TuitionCredit

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

Documentation from recognized missions board.

International International student with documented need. Student must have ability to cover additional cost of attendance. Reviewed annually.

VariesSubmit applicationby February 15.

Family TuitionCredit

For students with a sibling, dependent child, or spouse currently attending NU.

15% of Tuition

Automaticallyawarded.

NU SuccessStudent with demonstrated financial need and academic potential. Eligible for renewal based on annual financial aid application and FAFSA.

VariesSubmit FAFSA by February 15.

Bible Quiz Participation in district, regional, or national competition.Up to

$2,000Submit application by February 15.

Music Recognized talent in music (instrumental or vocal). VariesLive audition to be held with faculty by February 15.

Visit New students who attend a scheduled visit by February 15 of their senior year. One-time award.

$500Visit Northwest byFebruary 15.

FINANCIAL AID OPTIONS

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.

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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 the surrounding area.

Grant Name Eligibility & Features Amount Application Process

Federal Pell Grant Based on need from FAFSA.$400–$5,730,est. by Federal Government

Submit FAFSA by February 15.

Federal Supplemental Educational Opportunity

Grant (FSEOG)Based on need from FAFSA. Limited funding. $500

Submit FAFSA byFebruary 15.

TEACH Education majors with 3.25 GPA. $4,000

Submit FAFSA and request grant. Visit teachgrant.ed.gov for more information.

Washington State NeedBased on need from FAFSA. Student must be a non-ministry major. Parent and student must be eligible Washington state residents. Limited funding.

VariesSubmit FAFSA byFebruary 15.

Collegebound Eligibility based on Washington State requirements. VariesSubmit FAFSA by Febrary 15.

Loan Name Eligibility & Features Amount Application Process

Federal PerkinsFreshman 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.

VariesSubmit FAFSA and meet priority deadline of February 15.

Federal SubsidizedDirect Loan

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.

VariesSubmit 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.

VariesSubmit FAFSA by Febrary 15.

Federal Parent Loanfor 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.

Submit FAFSA and apply at studentloans.gov.

Alternative Loans Not need based. Student loans made through a lending institution. Based on credit eligibility.

Maximum amount determined by bank,

but not to exceed cost of attendance minus

other financial aid awards.

Apply with bank, receive bank approval, and complete paperwork with bank.

Work Study Eligibility & Features Amount Application Process

Federal Work Study Based on the FAFSA. Student may find on-campus employment.

VariesSubmit FAFSA by Febrary 15.

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.

Scholarship Name Eligibility Amount Application Process

Presidential New freshman with at least a 3.75 GPA and 1840 SAT or 28 ACT. Full TuitionSubmit portfolio byFebruary 15.

Provost New freshman with at least a 3.75 GPA and 1840 SAT or 28 ACT. Half TuitionSubmit portfolio byFebruary 15.

Gold Freshman: 3.4 GPA & 1840+ SAT or 28+ ACT $8,000Automaticallyawarded.

Silver Freshman: 3.4 GPA & 1670-1830 SAT or 25-27 ACT $6,000Automaticallyawarded.

Bronze Freshman: 3.4 GPA & 1400-1660 SAT or 22-24 ACT $4,000Automaticallyawarded.

Athletic Athletes selected by NU coaches. Varies Contact coach.

TransferTransfer student with at least a 3.0–3.29 GPA is awarded $4,000; a 3.3–3.59 GPA is awarded $6,000; and a 3.6 GPA or higher is awarded $8,000.

$4,000–$8,000

Automaticallyawarded.

Assemblies of GodTuition 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

Automaticallyawarded.

District YouthDirector

District Youth Director (DYD) nominates high school senior.One-time award.

$1,000Nomination from DYDdue by February 15.

Missionary TuitionCredit

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

Documentation from recognized missions board.

International International student with documented need. Student must have ability to cover additional cost of attendance. Reviewed annually.

VariesSubmit applicationby February 15.

Family TuitionCredit

For students with a sibling, dependent child, or spouse currently attending NU.

15% of Tuition

Automaticallyawarded.

NU SuccessStudent with demonstrated financial need and academic potential. Eligible for renewal based on annual financial aid application and FAFSA.

VariesSubmit FAFSA by February 15.

Bible Quiz Participation in district, regional, or national competition.Up to

$2,000Submit application by February 15.

Music Recognized talent in music (instrumental or vocal). VariesLive audition to be held with faculty by February 15.

Visit New students who attend a scheduled visit by February 15 of their senior year. One-time award.

$500Visit Northwest byFebruary 15.

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How to Apply

Step 1Apply for admission at northwestu.edu/apply.

Step 2Complete 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.govFAFSA Code: 003783

FINANCIAL AID STEPS

ROBERT VALDEZ

If it wasn’t for my scholarship, I wouldn’t be able to attend Northwest. Financial aid 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.”