Application Instructions for New or Continuing Part-Time MBA Students
Below you will see an overview of the financial aid application process for Part-Time MBA students.
To be considered for all available financial assistance, return all completed application materials by your "first term of enrollment" deadline date listed below.
First term of enrollment:
- Summer 2009: Application due May 1, 2009
- Fall 2009: Application due July 1, 2009
- Winter 2010: Application due November 13, 2010
- Spring 2010: Application due February 19, 2010
Note: Meeting the financial aid deadlines listed above will insure that students will receive their financial aid award notice, can complete all required loan documentationand their funds will disburse by the first day of classes. If you are admitted after the deadline you are still eligible to apply for and receive financial aid. If you submit your financial aid application after the deadline we cannot guarantee that your financial aid funds will be disbursed by the first day of class, but will work to get them disbursed as quickly as possible. Applications received after the deadline will be processed in the order they are received. Financial aid applications may not be processed once a quarter has ended (in other words, you may not be eligible to receive funds for Fall Quarter if you apply for those funds during the Winter Quarter).
1. Complete the FAFSA or Renewal FAFSA (Free Application for Federal Student Aid) at least two weeks before application deadline above
- Visit the FAFSA web site and complete the online form.
- See the FAFSA Tips web page for helpful hints when completing the online form.
- Designate Northwestern as the recipient of the information; our federal school code is 001739.
After the FAFSA is processed (allow two weeks), you will receive a SAR (Student Aid Report) summarizing your information. Resolve any incorrect information via the FAFSA web site, or by returning the corrected and signed SAR. If you do not receive your SAR within four weeks, or if you need to request a duplicate, call 800-433-3243.
2. Submit the following three items to our office before the application deadline above
2009-10 University Aid Application
Download and complete the 2009-10 University Aid Application (pdf).
Verification of employer educational assistance:
- Download Verification of Employer Educational Assistance form (pdf).
- Complete Section I and have your employers complete Section II.
Student income information:
- Download and complete the 2009-10 Verification of Student Income form (pdf).
- Attach signed copies of your 2008 Federal Income Tax return and W-2 forms (if you filed an Income Tax return in 2008).
3. Northwestern will determine your financial aid eligibility and aid package
The basic equation for need based financial aid is as follows:
Cost of Attendance (COA) - Expected Family Contribution (EFC) = Demonstrated Institutional Need
All applications will be reviewed in the order they were received.
4. Accept or decline your award package
Our office will begin sending financial award decision letters via NU e-mail on a rolling basis about 4-6 weeks after your file is complete. If you have demonstrated institutional financial need, your financial aid package may include a combination of student loans.
