Boston University Tuition and Financial Aid

Boston University Tuition And Expenses

Cost of Attendance $70,302
Tuition and Fees
$52,082
Room and Board
$15,270
Books and Supplies
$1,000
Other Expenses
$1,950
Payment Plans Installment plan, prepayment discount, deferred payment

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Boston University Applying For Financial Aid

Financial Aid Office
E-mail admissions@bu.edu
Web Site Financial Aid Web Site
Net Price Calculator URL Net Price Calculator URL
Application Process
Application Deadline February 1
Award Notification On a rolling basis beginning April 1
Methodology for Awarding Institutional Aid Institutional Methodology
Forms Required Cost to File
FAFSA Code is 002130 Free
CSS/Financial Aid Profile $25 for first college, $16 each additional

Boston University Profile Of 2015-16 Financial Aid

Freshmen
Financial Aid Applicants 1,675 (47.2%) of freshmen
Found to Have Financial Need 1,325 (79.1%) of applicants
Received Financial Aid 1,320 (99.6%) of applicants with financial need
Need Fully Met 299 (22.7%) of aid recipients
Average Percent of Need Met 88%
Average Award $42,218
Need-Based Gift
Received by 1,303 (98.7%) of aid recipients, average amount $35,861
Need-Based Self-Help
Received by 1,168 (88.5%) of aid recipients, average amount $5,558
Merit-Based Gift
Received by 139 (10.5%) of aid recipients
Merit-Based Gift 249 (7.0%) of freshmen had no financial need and received merit aid, average amount $23,169
All Undergraduates
Financial Aid Applicants 6,587 (40.7%) of undergraduates
Found to Have Financial Need 5,895 (89.5%) of applicants
Received Financial Aid 5,885 (99.8%) of applicants with financial need
Need Fully Met 1,212 (20.6%) of aid recipients
Average Percent of Need Met 85%
Average Award $40,232
Need-Based Gift
Received by 5,838 (99.2%) of aid recipients, average amount $33,521
Need-Based Self-Help
Received by 5,251 (89.2%) of aid recipients, average amount $5,915
Merit-Based Gift
Received by 434 (7.4%) of aid recipients
Merit-Based Gift 1,277 (7.9%) of undergraduates had no financial need and received merit aid, average amount $19,975
Borrowing
2016 Graduates Who Took Out Loans 51%
Average Indebtedness of 2016 Graduates $41,098
Parents Borrowing PLUS Loans
Parents of Students Receiving Aid
17.0%
Parents of Students Not Receiving Aid
3.0%

Boston University Financial Aid Programs

Loans
Federal Loans Direct subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans, Federal Perkins loans
State Loans Available
Other Loans
Scholarships and Grants
Need-Based Available Federal Pell grants, SEOG, State scholarships, Institutional scholarships, Private scholarships
Non-Need–Based Available Academic scholarships, Creative arts/performance scholarships, Music/Drama scholarships, Athletic scholarships, State scholarships, ROTC scholarships, Alumni affiliation scholarships, Leadership scholarships, Religious affiliation scholarships
Non-Need Awards
Academic Interest/Achievement Award Areas Engineering/Technologies, Military Science
Number of Awards
1,263
Top Areas (By Money Awarded)
Creative Arts/Performance Award Areas Art/Fine Arts, Music, Theater/Drama
Number of Awards
278
Top Areas (By Money Awarded)
Special Achievements/Activities Award Areas Memberships
Number of Awards
41
Top Areas (By Money Awarded)
Special Characteristics Award Areas Children and Siblings of Alumni, Children of Faculty/Staff, Local/State Students, Members of Minorities, Relatives of Clergy, Religious Affiliation, Veterans, Veterans' Children
Number of Awards
324
Top Areas (By Money Awarded)
Employment
Work-Study Programs Federal work study available, other work study available
Average Earnings from On-Campus Employment $2,277