Financial Aid Information
Northwest Suburban College believes in and strives for providing quality education for each one of our students who are deserving and are willing to work hard to make a difference in their lives through education. Although the cost of a college education at NWSC is relatively low, many students need and receive financial aid. NWSC subscribes to Federal Student Aid and all entering students are encouraged to apply for FAFSA and other available financial aid resources.
Before applying for financial aid, it is a good idea to make sure that you meet the basic eligibility criteria.
Federal financial aid is based upon student need and is available in three forms: grants, loans, and work study.
Generally, this aid does not need to be repaid. Exceptions may apply for students withdrawing from a program, where the grant converts and
→ Federal Pell Grant (formerly BEOG)
→ Federal Supplemental Education Opportunity Grant (FSEOG)
This is borrowed money that must be repaid based upon the terms listed in the contract, including interest fees. Interest is an additional charge (outside of the amount borrowed) to be paid at a particular rate in return for borrowing money.
→ Federal Subsidized Direct Loan,
→ Federal Unsubsidized Direct Loan
→ Parent PLUS Direct Loan
CLICK HERE to APPLY FOR FAFSA with School Code # 042450
NWSC FINANCIAL AID
Any amount of money needed for tuition and books that is not covered by FAFSA or other grants can be covered by an NWSC grant so that needy students are not forced to miss out on college education due to financial hardship. Bright students are provided with full ride scholarships and tuition waiver grants.
NWSC provides both merit-based and need-based grants for degree seeking students. These grants are awarded to students who have (a) earned a minimum CGPA of 3.0/4.0, and (b) demonstrate a need for assistance and are awarded based on the highest level of academic achievement combined with the greatest financial need. The following are NWSC’s current grant and financial aid opportunities.
For first-time freshman students, this prestigious grant provides 100% tuition waiver for three (3) trimesters. Requirements include a minimum high school CGPA of 3.95/4.00.
For first-time freshman students, this generous grant provides 50% tuition waiver for three (3) trimesters. Requirements include a minimum high school CGPA of 3.65/4.00.
For all degree seeking students, annual grant amounts range from $1,000-$4,000 tuition waiver, based on the student’s income.
NWSC Private Non-Interest Loan
Offered through NWSC. Loan amounts range from $1,000-$4,000, based on student need and will not incur interest charges. Payments may begin up to 2 years after the date of agreement.
NWSC Deferred Payment Plan
Students can spread their tuition payments over the course of the term. This is a non-interest bearing deferment that allows students to pay as they go.