What are the tuition and fees cost at Purdue Northwest?
Visit the Bursar’s Office webpage Tuition and Fees for information on tuition and fees cost for the 2017-18 academic year.
When are fees due?
Payment dates are set by the Bursar’s Office. Typically, fees are due in early August for the fall term, early December for the spring term and early May for the summer term.
What types of financial aid are available at Purdue Northwest?
Purdue Northwest participates in both title IV federal and state financial aid programs. Aid may include Grants (Federal Pell Grant, Federal Supplemental Educational Opportunity Grant, State Frank O’Bannon Grant and State 21st Century Scholars Award), Federal Loans (Direct Subsidized and Unsubsidized Stafford Loans, Direct Parent Plus Loans and the Federal Work-Study program. Purdue Northwest also offers several scholarships.
How do I apply for financial aid at Purdue Northwest?
Complete the Free Application for Federal Student Aid (FAFSA). New and returning students who wish to receive consideration for financial aid (federal and state grants, federal work study, federal loans and select scholarships) must complete the Free Application for Federal Student Aid (FAFSA) every year. See the How to Apply for Financial Aid webpage for additional information.
What is Purdue Northwest’s FAFSA school code?
The Purdue Northwest school code is 001827.
When should I apply?
The FAFSA must be received by the federal processor on or before April 15 each year in order to be considered for state grants and scholarships including the Frank O’Bannon Grant and the 21st Century Scholars Award. High school seniors need to apply on or before April 15 of their senior year.
I have missed the state’s FAFSA filing deadline of April 15. Can I still apply?
Yes! You will be ineligible to receive most state financial aid for the academic year, however, federal financial aid is still available.
I don’t think I will qualify for financial aid. Should I apply?
Yes! All students that meet the Basic Eligibility Criteria will qualify for some type of financial aid once the FAFSA is received and any additional required information is received and verified. The type of financial aid awarded will be based on the student’s eligibility and financial need.
Do I have to be admitted to Purdue Northwest to apply for financial aid?
Your application for financial aid may be filed prior to your admission and you will be given an estimated award package. Once you are formally admitted as a degree-seeking student and have completed all requirements your federal and state financial aid awards will be packaged.
Should I wait until my federal taxes are completed to file for financial aid?
The FAFSA will be available on October 1 for the following academic year (i.e. October 1, 2017 for the 2018-19 academic year). Students and parents will use 2016 year tax information to complete the 2018-19 FAFSA. The majority of FAFSA applicants will have this tax information completed. However, if your 2016 tax data is not available; you may estimate tax data using your W2 forms in order to meet the April 15 state filing deadline. After the Department of Education processes your application, you will receive a Student Aid Report (SAR). Make any needed corrections to your FAFSA online.
What is the difference between Federal Subsidized and Unsubsidized Stafford loans?
Subsidized Stafford Loans are federally guaranteed loans based on financial need. Interest does not accrue on the loan while you are in school at least half time, or during any future deferment periods. The federal government ‘subsidizes’ (or pays) the interest during these times. Only undergraduate students are eligible for subsidized loans.
Unsubsidized Stafford Loans are federally guaranteed loans that are not based on financial need. Interest does accrue from the time the loan is disbursed to the school. You are responsible for paying the interest on unsubsidized loans during all periods. If you choose not to pay the interest while you are in school and during grace periods, your interest will accumulate and be added to the principal amount of your loan. Both undergraduate and graduate students are eligible for unsubsidized loans.
What are the interest rates and loan fees for Federal Direct loans at Purdue Northwest?
The current interest rates depend upon the type of loan, whether you are an undergraduate or graduate student and when the loan was first disbursed (paid to your account)
If my parents are separated or divorced, who should complete the parent section of my FAFSA?
The custodial parent should supply income data in the parent’s section of the FAFSA. The custodial parent for federal student aid purposes is the parent with whom you lived the most during the past 12 months (the twelve month period ends on FAFSA application date). If you did not live with one parent more than the other, the parent who provided the most financial support during the past 12 months should complete the FAFSA.
How do I know if the federal processor has processed my application?
You may call 1-800-FED-AID (433-3243) or log-on to the FAFSA on the web to:
- Check on the status of your application
- Order a duplicate student aid report (SAR)
- Change the colleges listed on your student aid report
- Get help completing your application or correcting your student aid report.
What happens after I apply for financial aid at Purdue Northwest?
Purdue Northwest receives your data from the federal processor and will notify you by email once your FAFSA is received. Communication from the Office of Financial Aid is electronic; check Student Self-Service and your PNW email daily for messages and unsatisfied requirements (information) needed from you. Once awarding has begun, students with outstanding requirements will receive an estimated award package. Once all outstanding requirements are met an official award package will be calculated. Students are sent award notifications by email. You may view your official financial aid award package and accept or decline part or all of your federal loans in Student Self-Service. Note: if you have not completed a Master Promissory Note (MPN) or Loan Entrance Counseling before, you will need to go to StudentLoans.gov to do so.
If I choose not to take financial aid, or if my financial aid is not enough to cover all of my fees, is there a payment plan available?
Yes, check the Bursar’s Office webpage Payment Options for payment plan information.
Does grant money have to be repaid?
Most grants are gift aid and do not have to be repaid. However, if a student withdraws from classes a federal title IV refund calculation will be performed and may require repayment of financial aid, including any grants received. Students will be contacted by the Bursar’s Office if repayment is required. We strongly recommend all students with financial aid talk to the Office of Financial Aid before dropping classes to fully understand the impact on your financial aid awards.
Once I am awarded financial aid will it be revised?
Financial aid eligibility is reviewed and revised, as necessary, up until the Census Date (the end of the 100% refund period) each fall and spring semester. State financial aid eligibility is reviewed and revised, as necessary, up until the end of the fourth week of classes each fall and spring semester. Changes to your account or financial aid may require an adjustment to your total financial aid award package. In some cases this may cause a change in your account, which could result in a balance due. Any financial aid refund issued to you that you may not be eligible to receive must be returned to the university. If your financial aid is revised, you will be notified electronically. Check Student Self-Service and your PNW email on a daily basis to monitor changes to your account throughout the aid year. Additionally, your financial aid may be revised due to classes being dropped. We strongly recommend all students with financial aid talk to the Office of Financial Aid before dropping classes to fully understand the impact on your financial aid awards.
How many credit hours is considered full-time at Purdue Northwest?
Undergraduate students must be enrolled in 12 or more credit hours each semester (including summer) to be considered full-time for financial aid. Graduate students must be enrolled in 8 or more credit hours each semester (including summer) to be considered full-time for financial aid. Undergraduate students are encouraged to enroll in 15 credit hours each semester.
If I transfer to or from another school, what do I need to do with my financial aid?
Update your FAFSA to include your new school’s FAFSA code. The federal processor will then send your FAFSA data to the new school which will allow your new school to award you financial aid. If you will be transferring to another school and have been awarded financial aid at PNW, be sure to notify the Financial Aid Office. More information is available at the Transfer Your Financial Aid webpage.
Does Purdue Northwest offer any scholarships?
Yes, institutional Scholarships are available at PNW. Additionally, there are other scholarship opportunities available. Check the scholarship webpage for details.
How do I pay for my books? Books are purchased “out of pocket” by the student. If you have been awarded financial aid and have received a refund, you may use the refund money to buy books and pay for educational expenses. Information on textbooks and ways to reduce textbook costs is available at Textbook Information.
What is FERPA and Proxy Access?
Information on FERPA and Proxy Access can be found on the FERPA Information webpage.
Who can I contact for additional financial aid information?