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Current and continuing students: the financial information for the upcoming school year can be found on the portal at my.nnu.edu.

Ways to pay for college

After your institutional and federal aid (scholarships and grants) you may be left asking the question, "what now?" Here are a few ways that you can make up the difference between your aid and your total cost of attending.
 
FEDERAL DIRECT LOANS
Direct Subsidized Loans are awarded to students with financial need. Subsidized loans do not accrue interest while you’re in school at least half-time, and through your grace period (the first six months after you leave school).  Your payments begin when your grace period ends.
 
Direct Unsubsidized Loans have no requirement to demonstrate financial need. You are charged interest from the time the loan is disbursed until it is paid in full.  If you choose not to pay the interest while you are in school, your interest will accumulate and be capitalized (that is, your interest will be added to the principal amount of your loan).
 
If you plan on using Direct Loans and you are a first time borrower sign in to studentloans.gov using your FAFSA pin number and complete your Master Promissory Note and Entrance counseling.  Both Direct Loans have an origination fee of approximately 1%.  Visit studentloans.gov for the current interest rates on direct loans.
 
PERKINS LOANS
If you were awarded a Perkins Loan and plan on accepting it you will need to complete the Entrance Counseling at nnu.edu/campusloans. You will then be notified via email when your Perkins Master Promissory Note is ready to sign.  There is no origination fee on Perkins Loans and the interest rate is 5%.
 
PARENT PLUS LOANS
Parents of dependent student may apply for a Parent PLUS loan to cover any costs not covered by financial aid. The PLUS loan is in the parent’s name. A parent can apply on the web at  studentloans.gov and sign in with the parent’s FAFSA PIN number. There is a short application and Master Promissory Note that must be completed to receive the Parent PLUS loan.
 
Eligibility for the PLUS loan depends on a modest credit check. Repayment of this loan begins after the final annual disbursement.  There is an origination fee of 4.288% and a current interest rate of 7.21% (in 2014-2015) on Parent PLUS loans. If a parent is unable to obtain the PLUS loan the student becomes eligible for an increased unsubsidized Direct Student Loan.
 
ALTERNATE LOANS
Alternative or private education loans are offered by a variety of lending institutions.  Some students utilize alternative loans when other financial aid is insufficient to meet their needs. Visit nnu.edu/loans and select “Alternative Loans” to view lenders and rates.
 
PAYMENT ARRANGEMENTS
For students who are unable to pay their student account balance prior to the established due date, NNU offers a no-interest payment plan through TMS payment systems. This option allows the remaining semester balance to be divided into payments within the semester. There is an annual fee for enrollment.  
 
ON-CAMPUS EMPLOYMENT
All students are eligible to apply for work on campus.  On-campus opportunities are posted in the Career Center in the Student Union building and on the web at nnu.edu/career.  If you are hired to work 10 hours per week at the current minimum wage you could earn approximately $2,200 over the academic year. 
 
AMERICA READS
Another exciting employment opportunity for NNU Students is through the America Reads program.  If you qualify for work study, you may be able to work as a tutor in either math or reading at a local elementary school with the America Reads program.  If you are interested in learning more about this program contact Stephen Field in the Office of Financial Aid.