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Founded in 1959 by Dr. Arthur E. Turner and Dr. R. Gary Stauffer, Northwood University initially embraced the principles of American free enterprise in higher education. This institution has grown into a well-established university recognized for its focus on business education. You'll find the main campus in Midland, Michigan, situated on a sprawling 400+-acre site. This setting offers a city environment, providing students access to both campus resources and urban amenities.
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Overview of Northwood University (NU)
Northwood University (NU) is committed to nondiscrimination and equal opportunities across various protected categories. This policy reflects the university's dedication to inclusivity and diversity. Online learning is an integral part of the university's offerings, catering to students seeking flexible education options. These programs expand access to Northwood's esteemed business courses beyond the physical campus.
With over 33,000 graduates, Northwood University has a strong network of alumni. Its education model combines classroom learning with practical experiences aimed at preparing students for careers in a competitive business environment.
General Information
School Type | Private not-for-profit |
---|---|
Campus Setting | City: Small |
Campus Housing | Yes |
Student Faculty Ratio | 9:1 |
Graduation Rate | 58% |
Year Founded | 1959 |
Student Enrollment
Total Students2,541
2,254
287
Undergraduate Student
Male 1,330
Female 924
Graduate Student
Male 169
Female 118
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Top Rankings For Northwood University
NU Acceptance Rate and Admissions
APPLICATIONS1,056
ACCEPTANCE813
Acceptance Rate77%
Enrollment 268
Admissions | |
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Application Fee | $30 |
High School GPA | REQUIRED |
High School Rank | RECOMMENDED |
High School Transcripts | REQUIRED |
College Prep Courses | RECOMMENDED |
Recommendations | RECOMMENDED |
SAT/ACT | REQUIRED |
TOEFL (Test of English as a Foreign Language) | REQUIRED |
Application Deadline | Rolling |
Common Application Accepted | Yes |
NU Tuition Cost & Financial Aid
When planning your education budget, understanding the tuition costs at Northwood University is crucial. Tuition for the 2023-2024 academic year averaged $33,000 for students enrolled in full-time courses. This fixed rate ensures that you can anticipate your tuition expenses accurately.
In addition to tuition, you will encounter various fees. These include charges for specific courses and student services. Always review your student account to see which fees apply to you. Living on campus adds to your costs. Expenses related to food and board should be considered when planning your finances. If you live in the university's residence halls, having meals included can simplify your budgeting process.
International students often have additional considerations. These may include specific fees or living arrangements. Check with the university for detailed information tailored to your situation.
Learning materials are another important area to account for. The estimated average costs for students in this academic year were $1,342 for books and other supplies. Luckily, this has been quite stable over the last four years, with only a 4% increase in these costs. However, this figure can vary depending on your specific courses.
Staying informed about these costs will help you navigate your financial commitments effectively. For more precise figures, it’s advisable to contact the university’s financial office to explore options and support available to you.
Average net price | Current Year |
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Net Price | $21,348 |
Average Total Aid | $20,736 |
Students Receiving Financial Aid | 99% |
Room & Board | $11,440 |
Sticker Price
- Tuition In-State - $30,520
- Tuition Out-of-State - $30,520
- Books and Supplies - $1,240
- Room & Board - $11,440
- Other - $2,882
Popular Academic Programs at NU
At Northwood University, academics are designed to develop your critical thinking and prepare you for real-world challenges. The approach integrates theory with hands-on learning experiences, ensuring a practical understanding of each subject. Popular majors include Business, Marketing, and Management - each fostering skills to excel in dynamic fields.
You will find a diverse selection of undergraduate and graduate programs tailored to your career aspirations. The faculty, experienced in their respective areas, are committed to providing guidance and support throughout your educational journey.
Retention and graduation rates demonstrate a positive student experience, with percentages at 79% and 61%, respectively. You are encouraged to take advantage of the resources available, including libraries and academic advisories, to maximize your potential and stay on track.
Benefiting from small class sizes, you have the opportunity to engage more directly with faculty and peers, ensuring a personalized learning environment. Diversity is embraced, offering you a chance to collaborate with students from various backgrounds, enriching your academic life.
Through innovative programs like NUCARS, Northwood encourages the application of classroom learning in unique, strategic simulations, particularly for those interested in the automotive and entrepreneurial sectors. This hands-on approach ensures that your transition from academia to industry is seamless and successful.
Your education is further enriched by opportunities to participate in international programs and study abroad experiences, broadening your academic horizon and offering a global perspective on your chosen field.
Retention
Rate
4 year
Graduation
Rate
6 year
Graduation
Rate
Student Population Total
Student Population 2,541
2,254
287
Most Popular Programs & Majors
(# of Diplomas Awarded by Subject)
Business, Management, Marketing, and Related Support Services | 718 Total Graduates / 91% |
---|---|
Business Administration and Management, General | 343 Graduates |
Accounting | 108 Graduates |
Marketing/Marketing Management, General | 79 Graduates |
Vehicle and Vehicle Parts and Accessories Marketing Operations | 47 Graduates |
Parks, Recreation, Leisure, Fitness, and Kinesiology | 22 Total Graduates / 3% |
Sport and Fitness Administration/Management | 22 Graduates |
Communication, Journalism, and Related Programs | 19 Total Graduates / 2% |
Advertising | 16 Graduates |
Digital Communication and Media/Multimedia | 3 Graduates |
Computer and Information Sciences and Support Services | 15 Total Graduates / 2% |
Information Science/Studies | 12 Graduates |
Computer and Information Sciences, General | 3 Graduates |
Health Professions and Related Programs | 12 Total Graduates / 2% |
Health/Health Care Administration/Management | 12 Graduates |
All Other Diplomas | 0% |
Outcome & Salary
Northwood University offers a variety of outcomes aimed at ensuring students are well-prepared for their careers.
Graduation Rate: The university's graduation rate reflects its commitment to student success, measuring the percentage of students who earn their degrees within a specific timeframe. In this case, the overall graduation rate is 61%, though the transfer-out rate is also 28%, and they are not followed to see if they graduated. Assuming many of them do, the overall graduation of students starting at Northwood could be much higher.
Job Placement Programs: You can benefit from Northwood's partnerships with organizations like GradLeaders, which assist with job placement. These programs often include email surveys to track successful employment among graduates.
Loan Repayment: A noteworthy statistic shows that in 2009, a small percentage of Northwood graduates who entered loan repayment defaulted on their loans within three years, indicating effective financial planning support.
Recognition and Rankings: Northwood has been recognized by Forbes as one of the top 500 colleges in the United States, underscoring its strong educational outcomes.
Certifications and Competencies: The university emphasizes not only achieving degrees but also developing competencies that enhance your employability through courses and co-curricular activities.
Overall, Northwood University is dedicated to helping you achieve positive, tangible outcomes, whether through successful job placement programs or supportive financial resources.
Graduates Salary | |
---|---|
College Grads Early Career Salary | $53,200 |
College Grads Average Salary | $64,000 |
College Grads Mid Career Salary | $95,400 |
Return on Investment (ROI) | |
---|---|
10 Year Salary Earnings Potential | $640,000 |
20 Year Salary Earnings Potential | $1,594,000 |
Cost of Education (Net Price) 4 Year | $85,392 |
10 Year Projected ROI | $554,608 |
20 Year Projected ROI | $1,508,608 |
No College Education Salary Comparison | |
---|---|
National Average Salary | $38,792 |
10 Year Projected Income | $387,920 |
20 Year Projected Income | $775,840 |
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