Undergraduate Financial Aid

Federal Loan Debt Relief Announcement

Good news for those who have chosen to borrow an optional loan, President Biden has issued an executive action that forgives balances for many current and former students. This action applies to federal loans that were provided to students prior to June 30, 2022. Students who were eligible for Federal Pell Grants, will receive up to $20,000 in debt relief, others will receive up to $10,000 in debt relief. To qualify for this program, the income of the individual must be below $125,000 ($250,000 for married couples). Borrowers are able view their federal loan balances and check their Pell Grant status history by logging into their Federal Student Aid account online at studentaid.gov. For more information about this program, please see this website created by the department of Federal Student Aid: https://studentaid.gov/debt-relief-announcement/.

Admitted Students

Welcome to Northwestern! If you are a newly admitted student (or parent!), we encourage you to review the Financial Aid Orientation online and visit our Admitted Student FAQs.

Federal Work-Study

If you have been offered work-study as part of your financial aid, review the online work-study orientation and browse open positions.