Financial Aid Viewbook

FINANCIAL AID MAKING IT ALL POSSIBLE Undergraduate Admissions

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.

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.

Cost of Attendance for 2013-2014 Tuition: $25,390 Fees: $544 (student events, yearbook, intramurals, fitness center, and wellness center) Room & Board: $7,190 Total: $33,124

Average Financial Aid Awarded in 2012-2013 $18,634 (including scholarships, grants and loans) 94% of students received some sort of financial aid

FINANCIAL AID OPTIONS Scholarship Name Eligibility

Amount

Application Process

Presidential

New freshman with at least a 3.75 GPA and 1840 SAT or 28 ACT. Renews with 3.3 GPA.

Full Tuition

Submit portfolio by February 15.

Provost

New freshman with at least a 3.75 GPA and 1840 SAT or 28 ACT. Renews with 3.3 GPA.

Half Tuition

Submit portfolio by February 15.

Freshman: 3.4 GPA & 1840+ SAT or 28+ ACT

$8,000

Automatically awarded.

Silver

Freshman: 3.4 GPA & 1670-1830 SAT or 25-27 ACT

$6,000

Automatically awarded.

Bronze

Freshman: 3.4 GPA & 1540-1660 SAT or 22-24 ACT

$4,000

Automatically awarded.

Athletic

Athletes selected by NU coaches.

Varies

Contact coach.

Transfer student with at least a 3.6 GPA. Renews annually with 3.0 GPA.

$6,000

Automatically awarded.

Student must be 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 nominates high school senior.

One-time award.

$1,000

Nomination from DYD due by February 15.

Gold

Transfer Assemblies of God Tuition Credit 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.

For students with 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.

Participation in district, regional, or national competition. Renews with 3.0 GPA

Up to $2,000

Submit application by February 15.

Recognized talent in music (instrumental or vocal). Renews with 2.7 GPA

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.

Family Tuition Credit NU Success Bible Quiz Talent Visit

Documentation from recognized mission 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 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 $400 - $5,550. est. by Federal Government. $500

Application Process Submit FAFSA.

Submit FAFSA by February 15.

Education majors with 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 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.

Amount

Application 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.

Federal Unsubsidized Director Loan

Not need based. Interested is not subsidized, but accrues while in school. Payment starts six months after last date of enrollment.

Varies

Submit FAFSA.

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.

Submit FAFSA and apply at studentloans.gov.

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.

TEACH Washington State Need Collegebound

Loan Name Eligibility & Features Federal Perkins Federal Subsidized Direct Loan

Alternative Loans

Work Study Eligibility & Features

Amount

Federal Work Study

Based on the FAFSA. Student may find on-campus employment.

Varies

Submit FAFSA.

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.

FINANCIAL AID STEPS How to Apply Step 1 Apply for admission at northwestu.edu/apply.

Step 2 Fill out the NU Financial Aid Application at northwestu.edu/financialaid/apply.

Step 3 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 because NU uses the FAFSA to determine institutional scholarships. fafsa.ed.gov FAFSA Code: 003783

MARTIN YORIO aid has been the “ Financial biggest reason that allows me to attend Northwest University. It’s been a huge help and a great blessing.”

ROBERT VALDEZ it wasn’t for my “ Ifscholarship, I wouldn’t be able to attend Northwest.

It’s a great help for me and my parents.”

KRISTA GARCIA aid has made “ Financial coming to Northwest possible, because when I started college, I had three siblings going to university.

A scholarship helped pave the way for me.”

For more information, contact us today!

Northwest University Office of Admissions 5520 108th Avenue NE Kirkland, WA 98033 800.669.3781 admissions@northwestu.edu northwestu.edu