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Financial Aid

Master of Product Design and Development Management program (mpd²) students who are U.S. citizens or permanent residents are eligible to apply for federal loan funds through the the Evanston Office of Graduate Financial Aid.

Many master’s students find funding through a variety of loan options or through other scholarship and resource opportunities, some of which are listed on McCormick’s website.

Students using financial aid to fund their graduate degree must comply with the Financial Aid Satisfactory Academic Progress (SAP) Policy to maintain eligibility.

Tuition and Financial Aid 

Tuition Rates, Fees, and Cost of Attendance  

Northwestern Student Finance publishes the current tuition and fee rates, and Northwestern’s Evanston Office of Graduate Financial Aid provides detailed estimates of the total cost of attendance 

Funding Options 

Mpd2 Scholarship Award 

Details are coming soon!  

STEM Promise Scholarship 

The McCormick School of Engineering competitively awards the STEM Promise Scholarship to candidates who have followed a non-traditional path or overcome adversity to advance their education in the STEM fields. Past recipients were first-generation college students, were Pell-eligible students (while an undergraduate), attended college after or during military service, returned to college after an interruption in their studies, or attended community college before continuing to earn their BA/BS.  

Applicants must be US citizens or permanent residents to be eligible for consideration and submit a response to the optional STEM Promise Essay in their application.   

Financial Aid  

Financial Aid is available for students who are U.S. citizens or permanent residents and apply for federal loan funds through the Evanston Office of Graduate Financial Aid 

External Fellowships and Grants 

While they often require a separate application process and may not offer options to master students, applicants may want to explore external fellowships to fund their graduate education. Northwestern’s  

Open Houses & Information Sessions

Come for a Visit

Discuss the mpd² program with director Jim Wicks, faculty, students, and alumni.

Learn more

Student Financial Services

For more information about loans, visit the Student Financial Services website and read the information prior to applying for a loan. Private loans may also be secured. Loan applications must be made directly with the Financial Aid Office:

Mailing Address

Student Financial Services
555 Clark Street, First Floor
Evanston, IL 60208
Phone: 847-491-8950
Fax: 847-467-2451
Email Student Financial Services

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