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USA · Private university

Education Loan for Northeastern University

Northeastern University in Boston, MA is known for co-op programs, CS, data analytics. Here's what a 2-year MS costs Indian students in rupees, how much you'll likely borrow, and which loan routes fit.

  • Total ≈ ₹1.32 crore – ₹1.62 crore
  • Tuition $45,000 – $60,000 a year
  • Typical loan ₹93 lakh – ₹1.46 crore
  • Lenders compared for your profile

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Quick answer

How much does Northeastern University cost, and how much loan do I need?

A 2-year MS at Northeastern University costs about ₹1.32 crore – ₹1.62 crore in total for an Indian student: tuition of $45,000 – $60,000 a year, living costs of about $24,000 a year in Boston, plus one-time visa and travel costs. Most students borrow ₹93 lakh – ₹1.46 crore. The exact amount depends on your program's cost sheet, scholarships and family savings.

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Northeastern University at a glance

Location
Boston, MA, USA
Type
Private university
Known for
Co-op programs, CS, data analytics
Tuition (international)
$45,000 – $60,000 a year
Typical master's length
2 years
Planning exchange rate
$1 ≈ ₹94

Cost in rupees

Total cost of an MS at Northeastern University

Planning rate, rounded from mid-2026 market levels — we recalculate with the live rate. Tuition varies by program — use your offer letter's figure.

Total cost of an MS at Northeastern University
ItemPer yearTotal (2 years)
Tuition$45,000 – $60,000 a year₹85 lakh – ₹1.13 crore
Living costs$24,000₹45 lakh
One-time costs—₹2.5 lakh – ₹4 lakh
Total—₹1.32 crore – ₹1.62 crore

What's included

How these figures are worked out

Tuition

$45,000 – $60,000 a year for international students.

Living costs

$24,000 a year — High-cost metro: rent is the biggest line, health insurance is often billed by the university.

One-time costs

₹2.5 lakh – ₹4 lakh: SEVIS ($350) and visa ($185) fees, flights, first-month deposit and setup.

Exchange rate

$1 ≈ ₹94. A 5% move in the rupee changes the total by about ₹7.4 lakh.

Loan plan

Funding an MS at Northeastern University

Funding an MS at Northeastern University
RouteTypical amountWhat you need
Secured loan (public bank)Up to the full cost, minus ~15% marginProperty or deposits; co-applicant
Unsecured loan (private bank / NBFC)Often ₹75 lakh or more for listed universitiesCo-applicant with steady income and good credit
International lenderBased on the programSupported program; no collateral or co-signer
Savings, scholarshipsReduces the loanShown with the loan as proof of funds

Our view

Which loan route fits

At this cost most families combine a secured loan (lowest rate, largest amount) with savings, or take an unsecured NBFC loan if the university is on the lender's list. International lenders such as Prodigy Finance support many postgraduate programs at well-known universities; check whether this program is covered. MPOWER Financing lends without a co-signer at supported US and Canadian schools, up to US$100,000, but says it has paused new loans for 2026.

For the visa: show liquid funds covering at least the first-year cost on your I-20 (tuition plus living) through bank statements, an education loan sanction letter, scholarships or sponsor funds. Officers also look at how later years will be funded.

Repayment

EMI on a ₹1.18 crore loan

About 80% of the mid-point cost. EMIs start after the course and moratorium.

EMI on a ₹1.18 crore loan
Rate7 years10 years15 years
9%₹1,89,851₹1,49,477₹1,19,683
10.5%₹1,98,956₹1,59,223₹1,30,437
12%₹2,08,302₹1,69,296₹1,41,620

Timeline

Loan steps after your Northeastern University admit

  1. 01

    Get the cost sheet

    Download Northeastern University's cost of attendance for your program, or use the figure on your offer letter.

  2. 02

    Pick 2–3 lenders

    We match your profile with a secured option, an unsecured option and, if relevant, an international lender.

  3. 03

    Sanction letter

    Get the sanction in time for your I-20 and F-1 interview.

  4. 04

    Disbursement

    Tuition is paid directly to Northeastern University; living costs go to your account or forex card.

FAQs

Frequently asked questions

Still have a question?

Ask a counsellor directly — we reply on WhatsApp during working hours (Mon–Sat, 9 AM–6 PM IST).

About ₹1.32 crore – ₹1.62 crore for a 2-year MS, including tuition ($45,000 – $60,000 a year), living costs and one-time costs, at $1 ≈ ₹94.

Lenders fund the cost of attendance minus any margin money. With collateral you can usually borrow most of the ₹1.32 crore – ₹1.62 crore; unsecured limits depend on the lender's university list and your co-applicant's income.

Often yes, from private banks and NBFCs if the university is on their list and the co-applicant's income is strong.

About ₹1,59,223 a month over 10 years at 10.5%, after the moratorium.

Show liquid funds covering at least the first-year cost on your I-20 (tuition plus living) through bank statements, an education loan sanction letter, scholarships or sponsor funds. Officers also look at how later years will be funded.

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