Northeastern University will provide $450 million in financial aid for 2023-24, including a record $437 million for undergraduate students.
Today, 63% of undergraduate students at Northeastern receive financial aid, including merit scholarships and need-based grants.
Because of the steady increase in undergraduate financial aid in recent years—$47 million more this year than 2022-23—the average debt that undergraduate students carry after graduating from Northeastern has dropped by 36% over the past decade.
“Meeting full demonstrated financial need is critical in attracting students from all walks of life,” says Satyajit Dattagupta, chief enrollment officer at the university. “This results in a classroom setting where students bring diverse ideas and push the status quo.”
Northeastern is increasing its investment in undergraduate…