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Financial Aid FAQs
1. What is NEIU's School Code? 001693
2. What are the educational related expenses at NEIU?
NEIU's educational related expenses include tuition, mandatory fees, books/supplies, room/board, transportation and personal items. These items are updated annually and are commonly referred to as the Cost of Attendance (COA). Those mandatory fees that can be waived include health insurance (with proof of existing health insurance) and parking.
3. Does NEIU have an institutional Financial Aid Application?
No. Only the FAFSA (FREE Application for Federal Student Aid) is use to determine student eligibility for federal, state, campus-based and institutional assistance.
4. Is there an online method for viewing total balance due or credit balance and financial aid status?
Yes. It is the student portal or NEIUport. Under the Current Student Tab – along with registration tools – students can select ‘My Account’ or ‘My Statement’ to review paid financial aid assistance. Students with credit balances - after tuition and fees are paid - are eligible to receive a book waiver during fall and spring terms. There are no book waivers during the summer term.
5. What are book waivers?
Book waivers are paper vouchers students can pick up with the Financial Aid Office to use against the purchase of books and supplies during the fall and spring terms. The amount actually posted against the voucher is added to the student’s University billing account. Once the financial aid funds are disbursed against the student’s billing account, the bookstore is paid. The book waivers can only be used on campus with Becks Bookstore – not for online purchases.
6. How do I receive my refund or credit balance once financial aid or other scholarships have paid?
NEIU will pay financial aid assistance and scholarships after the 90% refund period has exhausted. This date is in every schedule of classes. If there is a credit balance remaining after tuition and fees have been paid, the initial release of direct deposit or paper checks is generally scheduled after the add/drop period has exhausted for the semester (after the 10th day of class). For credit balances that occur after this date, direct deposits take 2-3 business days, paper checks take 3-4 business days and are processed weekly.
7. Are part-time employment opportunities for students available on campus?
Yes, Federal Work-Study and Student Aide represent two such employment opportunities for students on campus. Federal Work-Study is a need-based award and would limit the amount that a student can earn. Student Aide is not dependent on financial need and is only limited by the employer's budget. Visit the Student Employment Office at D-012 or call (773) 442-4695.
8. What Summer Financial Aid Assistance is available?
Summer financial assistance is primarily used by students who enroll at least half-time (6 credit hours) and who have a completed financial aid file for the current award year. In some cases, it is advantageous for students to use eligibility from the upcoming award year if the financial aid file is completed.
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