Northeastern University
Office of Student Financial Services
Expert Advice.  Friendly Service.  Personalized Support.
Determining A Financial Plan
The payment calculator will allow you to minimize the overall cost of your Northeastern education.
Using this calculator will allow you to determine the best way to minimize the cost of borrowing.
By indicating your balance due (Step 1) and the amount you can afford to pay per month (Step 2),
the calculator will determine the best distribution of your monthly payment using a combination of
our interest free monthly payment plan and one of three loan options.
Work through the steps below to determine the best combination of a monthly payment plan and
borrowing.  Please note that all figures are estimates, and that your actual payments may vary.
Step 1 - Cost of Attending Northeastern
	Click here to determine your costs minus any financial aid.
Step 2 - Monthly Payment Amount
	Please indicate the amount you can afford to pay per month.
The results presented to you below reflect four options for making payments for your Northeastern
education.
Payments Only		Using our interest free payment plan through Tuition Pay,
		you make payments to the University without incurring
		future debt.  All payment estimates are based on a 10-month plan.
Payments & PLUS Loan (10 yrs)			Combines payments to NU with a Federal PLUS Parent Loan.
Payments & MEFA Loan (15 yrs)			Combines payments to NU with a MEFA Loan.
Payments & Signature Loan (20 yrs)			Combines payments to NU with a Sallie Mae Signature Loan.
Payment Options
			Payments Only	PLUS Loan	Signature Loan
	Monthly Cash Payments
Total of Monthly Payments
	Monthly Loan Payment
Total Loan Amount			$0
Total Interest Paid Over Loan Term			$0
	Total Monthly Payment
	Total Amount Paid