Announcements

Impact of Federal Sequester

The budget cuts that went into effect on Friday, March 1, 2013 impact several federal programs including Stafford and PLUS loans as well as the TEACH Grant. These changes include loan origination fee increases and a reduction in TEACH Grant funding for the year. Please visit the Loan page and TEACH Grant page for information on the specific changes for those programs.
Complete Your 2013-2014 FAFSA Today!

If you plan to attend NLU any time after July 1, 2013, now is the best time to complete your FAFSA.

Complete your FAFSA

Financial Aid Package

2010 - 2011 Undergraduate Financial Aid Package

Typical first time full time

Costs	3 Term Cost of Attendance
	Tuition	$18,028
	UPASS	$210
	Books	$1,005
	Total:	$19,243
Financial Aid
	National Louis grants and scholarships	$10,956
	Federal grants and scholarships	$6,150
	State of illinois grants and scholarships	$4,512
	Total:	$21,618

Out of pocket expenses		$0
	Students who are eligible for federal and state grants would have no out of pocket expense! Some may receive a refund

Additional Costs	Beyond the cost of your National Louis education, National Louis University calculates average costs for living expenses and transportation. If you need additional funds to cover these costs you can use work study and student loans.
	Personal expenses	$1,284
	Living Expenses	$10,845
	Loan Fees	$45
	Transportation	$1,620
	Total:	$13,794

Available Resources for Dependent Students as defined by federal regulations, typically under 24 years old
	Work Study	up to $4,000 per year
	Student Loans	up to $5,500 per year

Final Out of pocket expense after Work Study and Loans		$4,294

Available Resources for Independent Students as defined by federal regulations, typically 24 years of age or older

	Work Study	up to $4,000 per year
	Student Loans	up to $9,500 per year
	Final out of pocket expense	$0
	Students who are eligible for federal and state grants would have no out of pocket expense! Some may receive a refund

Typical transfer undergraduate student

Costs	3 Term Cost of Attendance
	Tuition	$16,602
	Books	$1,005
	Total:	$17,607

	National Louis grants and scholarships	$4,500
	Federal grants and scholarships	$6,150
	State of Illinois grants and scholarships	$4,844
	Total	$15,494

Out of pocket expense without student loans		$2,113
	Students who are eligible for federal and state grants would have approximately $2,113 out of pocket. This cost along with other living expenses can be covered by student loans and work study.

Additional Costs
	National Louis University calculates average costs for living expenses and transportation.
	Personal Expenses	$1,284
	Living Expenses	$10,845
	Loan Fees	$45
	Transportation	$1,620
	Total	$13,794

	Work Study	up to $4,000 per year
	Student Loans	up to $12,500 per year
Final out of pocket expense		$0
	If you need additional funds to cover these costs you may use work study and student loans.