Payback
EarningsPlus
Economic score
Northwood University is a private located in Midland, Michigan. Northwood University is very inclusive in their admissions.
Return on educational investment at Northwood University is in the top 25% of all ranked schools. The median student earns $55,963 10 years after enrolling, 7th in Michigan, and in the top 25% nationally. When adjusted for earning differences by major, Northwood University bachelor students earn 2% more than the national average. Northwood University is ranked 10th in Michigan.
Northwood University’s median net annual cost of $21,257 and average years to graduate of 4.2 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 6 programs at Northwood University sorted by number of graduates - Business Administration, Accounting, Marketing, Specialized Marketing Ops, Finance, Health & Fitness - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$21,257
Average years to graduate
4.2
Computer science
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 1.86
International Business
Rank: #36
Economic score: 2.96
Advertising & PR
Rank: #59
Economic score: 4.41
Health Administrative Services
Rank: #101
Economic score: 5.75
EarningPlus compares the three-year post graduate earnings to the median earnings of the same graduating class, with the same graduate degree. These 2 metrics, debt-to-earnings and EarningsPlus, are combined into an economic score. The lower the economic score the better.
The most popular 1 graduate programs at Northwood University - Business Administration - are shown below.
The average full-time graduate completes their degree in 4.2 years. 64% of all students graduate within 8 years including part-time students. The graduation rate at Northwood University is 3% higher than the state average, and 3% above the average for all special focus four-year: business & management schools in the country.
At Northwood University, Pell Grant recipients represent 26% of the measured graduating class, 9% lower than the national average of 35%. The average Pell Grant recipient at Northwood University graduates within 4.3 years.
Northwood University is in the bottom 50% of schools for graduating Pell recipients.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
Northwood University’s economic mobility score of 16.78 is calculated by adjusting the 2.76 economic score of lower-income students by the 26% pell grant recipients within the student body. Northwood University’s EMS of 16.78 ranks in the top 50% nationally.false
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Top 50%
The average Title IV recipient at Northwood University pays $21,257 a year, $23,573 less than the $44,830 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $21,257
Much of the gap between net price and sticker price is filled by institutional and government grants. At Northwood University, 98% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $21,257 on average to be covered by the student – be it through loans or out of pocket. In total, 89% of students take out loans, federal or private, at an average amount of $7,541. This is 35% more than the national average.
Federal grants
$5,569
Pell grants
$4,793
State grants
$3,686
Institutional grants
$18,037
Northwood University offers 15 online bachelor programs, all of which are held exclusively online. At the master’s level Northwood University offers 3 programs, all of which are held exclusively online. We use the IPEDS July '20 — July '21 Distance Education report to determine which programs are online. EarningsPlus data is provided when available.
Online programs
18
Percentage of programs online
69%
Northwood University's very inclusive admissions are indicated by their 83% acceptance rate. In 2021, the school had 1,123 applicants, of which 936 were admitted and 293 enrolled. Northwood University has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
Full time
58%
83%
Female
48%
59%
First time
30%
59%
In-state
80%
68%
1st generation
40%
35%
White
69%
52%
Black
10%
14%
Hispanic
6%
15%
Asian
2%
5%
American Indian
N/A
1.6%
Pacific Islander
N/A
0.3%
Other
12%
12%