What is a Co-op Remission Grant and how will it impact my financial aid?
The Co-op Remission Grant is designed to offset the increased tuition charges a co-op student will incur during his/her fourth and fifth years of enrollment at Northwestern. Since students participating in the co-op program are enrolled for 12 quarters spread over a 5-year period and tuition increases each year, some students might choose not to take advantage of co-op because they would pay a higher tuition charge for three of these quarters than the students who choose not to participate and graduate after four years. So in order that the higher tuition not be seen as a deterrent, a Co-op Remission Grant is awarded. The Co-op Office establishes the guidelines for awarding and then sends a recipient list to the Office of Financial Aid. This is typically done at the beginning of each quarter.
