Number Received Financial Aid (All Undergraduate)
4,819
Percent Received Financial Aid(All Undergraduate)
54%
Average Aid Amount
$57,927
Number Received Financial Aid (Freshmen)
1,251
Percent Received Financial Aid (Freshmen)
61%
Financial Aid Information at Northwestern
For the academic year 2023-2024, a total of 4,819 students (54% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $57,927. For freshmen (Full-time, first-time degree-seeking undergraduate students), 1,251 students (61% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Northwestern University is $68,322, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 4,819 students (54% of all students) have received grants or scholarships and the average received aid amount is $57,927. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Northwestern University for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 4,819 | 54% | $57,927 |
| Pell Grants | 1,682 | 19% | $5,569 |
| Federal Student Loans | 1,688 | 19% | $5,838 |
Beginning Students Financial Aid
a total of 1,251 beginning students (61% of all freshmen) have received any financial aid and 1,122 students (55% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Northwestern University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 1,251 | 61% | - |
| Grants or Scholarship from All Sources | 1,055 | 52% | $64,463 |
| Federal Grants | 438 | 21% | $7,602 |
| Pell Grants | 438 | 21% | $5,613 |
| Other Federal Grants | 431 | 21% | $2,021 |
| State/Local Grants | 125 | 6% | $7,116 |
| Institutional Grants | 1,047 | 51% | $60,925 |
| Student Loans | 444 | 22% | $7,403 |
| Federal Student Loans | 435 | 21% | $4,761 |
| Other Student Loans | 38 | 2% | $31,999 |
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