The cost to attend Northwestern University for 4 years can vary significantly depending on financial aid, ranging from a total sticker price of $364,944 to an average net price of $108,684 for students receiving need-based aid.
Understanding the full financial commitment requires distinguishing between the total cost of attendance and the net price after financial aid.
Total Cost vs. Net Price Explained
- Total Cost of Attendance: This figure represents the comprehensive annual expenses, including tuition, fees, room and board, books, supplies, and personal expenses, without any deductions for grants or scholarships. It is the sticker price before any aid is applied.
- Net Price: This is the average actual cost an average student pays out-of-pocket after grants, scholarships, and other aid funds are subtracted from the total cost. This figure provides a more realistic view for students who qualify for and receive financial assistance.
Annual Costs at Northwestern University
According to data compiled by U.S. News & World Report, the annual costs associated with attending Northwestern University are as follows:
| Cost Type | Annual Amount |
|---|---|
| Total Cost | $91,236 |
| Average Net Price | $27,171 |
(Data source: USNews.com)
Estimated 4-Year Costs
To calculate the estimated cost for four years of attendance, these annual figures are multiplied by four:
- 4-Year Total Cost (Sticker Price): This represents the full cost without any financial aid or scholarships.
- $91,236 (Annual Total Cost) × 4 years = $364,944
- 4-Year Average Net Price: This indicates what the average student receiving need-based aid might expect to pay over a four-year period.
- $27,171 (Annual Average Net Price) × 4 years = $108,684
It is important to remember that individual net prices can vary significantly based on a student's specific financial situation and the amount of need-based or merit-based aid they are awarded.
