Your guide to
Our Tuition and Costs Tuition
Our Commitment to Affordability At North Park, our commitment to keeping college affordable is part of who we are. We structure our tuition in a way that makes college more available to all students and families. What other schools may appear to offer in financial aid, we make up for in reduced up-front tuition. Our students receive the immediate benefit of a more affordable cost overall, not just a discount.
How do we compare? Comparison data provided by the College Board below shows that North Park’s tuition is approximately 15 percent less than most private, four-year Midwestern colleges. For complete data, visit https://trends.collegeboard.org. See for yourself by using our Net Price Calculator to determine your costs: www.northpark.edu/calculator. Annual tuition for full-time undergraduate students is $24,540. On-campus living expenses (double-occupancy) plus the 15-meal package is $8,220. For complete details, visit www.northpark.edu/tuition.
Average Total Cost by Region for 2013–2014 for Private Nonprofit Four-Year Colleges 2013 Total Tuition, Fees, and Room and Board
North Park University offers financial aid packages for all of our undergraduate programs. This guide serves as a tool to help students and families develop a financial plan. You will learn about specific scholarships, grants, and loans, along with details on tuition, fees, billing, and other important financial information as you prepare for the next step in your education.
Room & Board
North Park University
Region North Park’s Tuition and Fees
North Park’s Room and Board
Average Tuition and Fees
Average Room and Board
North Park’s Financial Aid
Glossary of Terms
Adjusted Gross Income (AGI)
receive assistance they do not need to pay back
Students enrolling in Fall 2014 may qualify for up to
$20,000 per year in academic and talent scholarships
Income from all taxable sources (gross income) that is adjusted by subtracting tax deductions allowable on your tax return. Cost of Attendance
Estimated cost of tuition, housing, books, personal expenses, and travel required to attend North Park for one year. Expected Family Contribution (EFC)
Evaluates each family’s financial situation and is used to determine eligibility for federal, state, or need-based institutional financial aid.
of all students borrow money
of students receive some form of financial assistance
A federally funded program that provides job opportunities to need-qualified North Park students, as determined by the FAFSA. Free Application for Federal Student Aid (FAFSA)
Students must fill out this form to determine their family’s expected contribution and eligibility for need-based financial assistance. It is available online at www.fafsa.gov. North Park’s federal school code is 001735. Grant
An award made to a student on the basis of financial eligibility or talent that does not need to be repaid. North Park is home to students from a wide range of social and economic backgrounds. As a result, we strive to serve different family incomes and financial situations. The graph below details the income ranges of North Park families who completed the FAFSA.
North Park Families: Income Ranges
A gift based on a student’s academic achievement or demonstrated talent. School Aid Report (SAR)
The results of the FAFSA sent to the student for review and corrections, if needed.
25% 20% 15% 10% 5% <$20,000
$80,000– $100,000– >$140,000 99,999 139,999
Grants Grants are need-based awards funded by the federal government, state, or North Park University. They are gift aid and do not need to be paid back. Students must complete the FAFSA to be awarded any grants.
CREDENTIALED COVENANT MINISTER DEPENDENT GRANT
Federal and State Grants
CHURCH MATCHING (PIE) GRANT A studentâ€™s church may donate any amount
PELL GRANT Amounts range from $555 to $5,550 per year. SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT (SEOG)
Amount varies for Pell-eligible students. ILLINOIS MONETARY AWARD PROGRAM (MAP) Illinois residents can receive
amounts up to $4,720 per year. Students must be enrolled for 15 credit hours per semester to receive the full award amount. The FAFSA must be completed by February 1 to ensure consideration. University and Church Grants NORTH PARK GRANT Amount varies based on financial need.
Dependents of credentialed Covenant ministers can qualify for a grant of $2,500 per academic year. CREDENTIALED MINISTER DEPENDENT GRANT Dependents of credentialed
ministers can qualify for a grant of $1,500 per academic year. in their name, and North Park will match up to $500 per year. A separate application (available online) is required to receive this grant, which is only available to students in the traditional undergraduate program. COVENANT TRANSFER GRANT Covenant students who transfer to North Park can
qualify for a grant of $1,000 per academic year. CAMP GRANT A student who completes one year at North Park and works at a
Covenant camp during the following summer is eligible for a $750 grant for the following two semesters as a full-time undergraduate. For more information, visit www.northpark.edu/grants.
COVENANT GRANT Active participants in the Evangelical Covenant Church
can qualify for a grant of up to $1,000 per academic year.
The following academic scholarships are awarded automatically to students on the basis of test scores, high school GPA, and the ability to contribute to the North Park campus community (examples of past students are included): NYVALL SCHOLARSHIP–$10,000/YEAR Past recipients include Rachel: 30 on the
ACT (or 1980 on the SAT) and 3.75 GPA, and Matt: 28 on the ACT (or 1860 on the SAT) and a 3.95 GPA. Nyvall Scholarship recipients are also automatically eligible for the Trustee Award competition. PRESIDENTIAL SCHOLARSHIP–$7,500/YEAR Past recipients include James:
27 on the ACT (or 1820 on the SAT) and a 3.45 GPA, and Lisha: 26 on the ACT (or 1760 on the SAT) and a 3.55 GPA.
Scholarships North Park recognizes students’ academic achievements and exceptional abilities through merit- and talent-based scholarships that do not need to be repaid. Students starting at North Park in Fall 2014 may qualify for up to $20,000 per year in scholarships.
PROVOST’S SCHOLARSHIP–$6,000/YEAR Past recipients include Brandon:
25 on the ACT (or 1700 on the SAT) and a 3.00 GPA, and Marti: 23 on the ACT (or a 1590 on the SAT) and a 3.25 GPA. VIRGINIA E. HAHN MEMORIAL SCHOLARSHIP–$5,000/YEAR, RENEWABLE
First-year students who study and plan to teach history at high school or university levels may apply. TRUSTEE AWARD Given as a renewable, four-year scholarship of up to $5,000
per year. All recipients of the Nyvall Scholarship, and select awardees of the Presidential Scholarship, automatically receive an invitation to compete for the award. ENGINEERING FELLOWSHIP–$2,000/YEAR, RENEWABLE Given to students in the
We automatically review every admission to determine a student’s eligibility for scholarships, based on test scores and unweighted GPA. Some scholarships require students to meet certain requirements; these details are outlined in your financial aid award letter. Talent-based scholarships in music, art, theatre, media studies, and journalism require auditions, portfolios, or essays. Scholarships for cheer, dance, and step teams are also available.
dual-degree program between North Park and the UIC School of Engineering.
Some students qualify for additional competitive scholarship opportunities such as the Trustee Award for high-ability students, and the Virginia E. Hahn Memorial Scholarship for students preparing to teach history at secondary or university levels. Various University departments also provide academic scholarships and awards based on performance. Our student-athletes are eligible for all of the scholarships listed here, but as an NCAA Division III school, we cannot offer athletic scholarships.
Students are also encouraged to explore outside scholarship opportunities from other organizations or through various free scholarship search services. For more information, visit www.northpark.edu/resources. Learn more at www.northpark.edu/scholarships.
Academic transfer scholarships are merit awards given based on academic performance at previous institutions. These require no application and may total up to $8,500 annually. Students will be notified if they qualify. $7,000
Transferable cumulative GPA of 3.5 or greater
Transferable cumulative GPA of 3.0–3.5
Transferable cumulative GPA of 2.75–3.0
PHI THETA KAPPA
$1,500 Transferable cumulative GPA of 3.5, plus proof of PTK membership. Can be combined with another transfer scholarship.
Talent-Based Scholarships ART, JOURNALISM, THEATRE, AND MEDIA STUDIES $1,000 per year, renewable.
Auditions or portfolios and essays required. CHEER, DANCE, AND STEP Three $1,000 scholarships per year, renewable with
participation in programs. MUSIC $1,500 up to $4,000, renewable, plus a limited number of full-tuition
Presidential Music Scholarships, which may include federal and state aid. Auditions required. 8
Other Resources Loans
Federal loans can be borrowed in students’ or parents’ names. Loans must be repaid, but most are at a significantly lower interest rate than other private loans. Completion of the FAFSA is required to borrow federal student and/or parent loans. Generally, repayment starts six months after a student graduates or leaves college. Types of loans include:
North Park supports and works with families as they determine the best way to manage college expenses and payments. Options include interest-free, semester-long payment plans. Students can have as many as five months (August to December) to pay their fall balance in monthly installments. Spring payment plans traditionally run from January through May.
FEDERAL SUBSIDIZED OR UNSUBSIDIZED STAFFORD LOANS
Payments may be made by credit card, check, or cash, and can be made online, in person, by phone, or by mail.
For a subsidized Stafford Loan, which is based on need, the government pays the interest while students are enrolled. For an unsubsidized Stafford Loan, interest will accrue throughout the life of the loan. To be eligible, completion of the FAFSA is required. PARENT PLUS LOAN Parents of dependent students may apply for a Parent PLUS
Loan. If approved, parents may borrow up to the cost of attendance minus any other aid that you are receiving. The current interest rate is a fixed 6.41 percent. To be eligible, completion of the FAFSA is required. Learn more at www.northpark.edu/loans.
Learn more at www.northpark.edu/paymentoptions. Work Opportunities WORK-STUDY Work-study is a government-funded campus employment program
available to students who demonstrate financial need, as determined by the FAFSA. If a student qualifies, a work-study job, along with estimated earnings, will be listed in their financial aid award letter. CAMPUS JOBS In addition to work-study, which is limited, any student is eligible
to apply for a non-work-study job once they arrive on campus in the fall. These positions are advertised across campus by departments in need. CHICAGO WORK OPPORTUNITIES One of the many advantages of being a
student in Chicago is having access to work opportunities available in the city. Our campus is within walking distance of a variety of organizations and businesses, and our proximity to public transportation allows students to take advantage of all that our world-class city has to offer.
Add It Up
Sample Full-Time Student Profiles
It can be difficult to picture just how these different numbers affect the total cost of college. In this chart, we’ve added it all up. Students from different social and economic backgrounds, and a variety of talents, can see how North Park’s financial aid is personalized to meet their needs.
Andrea Veronica Ethan
Adjusted Gross Income
Thinking through the cost of attending college is important enough that we want to take out the guesswork. Use our Net Price Calculator online to see a basic estimate of the financial aid and annual costs you can expect at North Park:
5 4 6 4 4
Number in College
1 1 1 2 1
Lives at home
Financial Aid Packages
Pell Grant $5,500 $1,600 SEOG $750 $1,000
IL Map Grant
$7,500 $6,000 $7,500
$500 $1,100 $500
Student Stafford Loan
$5,500 $5,500 $5,500 $5,500 $5,500
Student Perkins Loan
Parent PLUS Loan
Total Cost Balance Due
$32,760 $32,760 $24,540 $32,760 $32,760 $8,080 $8,460 $6,090 $19,160 $4,160
Sample Monthly Payment
Getting Started All students who apply and are accepted to North Park University are automatically considered for academic scholarships and financial aid. Here are next steps students can take to get started today.
Use the Net Price Calculator
Consult our Net Price Calculator to see a basic estimate of the annual costs you can expect: www.northpark.edu/calculator.
February 1: File FAFSA
Apply for admission to North Park University: www.northpark.edu/howtoapply.
Complete the application Ensure that scholarship opportunities can be assessed by submitting all of
your application materials to the Admissions office.
February 1: Music scholarship applications due
Start gathering the necessary information to complete the Free Application for Federal Student Aid (FAFSA), available at www.fafsa.gov.
Receive financial aid package Receive a personalized financial aid package from North Park detailing
your cost of attendance and your eligibility for scholarships, grants, loans, work-study, and other federal or state aid programs.
Express your interest in a music scholarship by February 1 and sign up for an audition. March 1: Talent-based and Hahn scholarships applications due
Recommended deadline to file the FAFSA. Residents of Illinois should submit the FAFSA by this date to ensure consideration for the Illinois MAP Grant.
Deadline to apply for the Virginia E. Hahn Memorial Scholarship, and for art, theatre, journalism, and media studies, and cheer, dance, and step scholarships. March 12: Financial aid awarded
North Park begins issuing financial aid awards via letters to students. May 1: Tuition deposit
Paying your deposit allows you to register for classes. July 5: Tuition bills
Tuition bills for first semester sent to students. August 10: Payments due
Due date for first-semester payments or for approval of payment plan option.
Office of Admissions
(800) 888-6728 or (773) 244-5500 firstname.lastname@example.org www.northpark.edu/financialaid
Published on Jan 16, 2014