Applying For Financial Aid
Applying For Financial Aid
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Email
admissions@bu.edu
Net Price Calculator
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Application Process
Application Deadline
January 1
Award Notification
On or about April 1
High School Program
College preparatory program is required
Methodology For Awarding Institutional Aid
Institutional Methodology
Forms Required Cost
FAFSA, Code is 002130 Free
CSS/Financial Aid Profile $25 for first college, $16 each additional
Profile of 2019-20 Financial Aid
Profile of 2019-20 Financial Aid
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Freshman
Financial Aid Applicants
1,474 (46.7%) of freshmen
Found to Have Financial Need
1,246 (84.5%) of applicants
Received Financial Aid
1,246 (100.0%) of applicants with financial need
Need Fully Met
429 (34.4%) of aid recipients%
Average Percent of Need Met
93%
Average Award
$51,652
Need-Based Gift
Received by 1,237 (99.3%) of aid recipients, average amount $47,141
Need-Based Self-Help
Received by 937 (75.2%) of aid recipients, average amount $3,183
Merit-Based Gift
Received by 293 (23.5%) of aid recipients
Merit-Based Gift
Received by 293 (23.5%) of aid recipients
151 (4.8%) of freshmen had no financial need and received merit aid, average amount $26,153
All Undergraduates
Financial Aid Applicants
8,138 (49.0%) of undergraduates
Found to Have Financial Need
6,906 (84.9%) of applicants
Received Financial Aid
6,902 (99.9%) of applicants with financial need
Need Fully Met
1,750 (25.4%) of aid recipients%
Average Percent of Need Met
85%
Average Award
$46,252
Need-Based Gift
Received by 6,778 (98.2%) of aid recipients, average amount $40,969
Need-Based Self-Help
Received by 5,209 (75.5%) of aid recipients, average amount $4,517
Merit-Based Gift
Received by 1,178 (17.1%) of aid recipients
885 (5.3%) of undergraduates had no financial need and received merit aid, average amount $23,596
All Undergraduates
2018 Graduates Who Took Out Loans
46%
Average Indebtedness of 2018 Graduates
$40,349
Financial Aid Programs
Financial Aid Programs
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Loans
Federal Loans
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct Plus Loans
State Loans
Available
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
Special achievements/activities
Special characteristics (minority
religious affiliation
other scholarships)
Non-Need Awards
Academic Interest/Achievement Award Areas
Engineering/Technologies
Military Science
Number of Awards
1,028
Creative Arts/Performance Award Areas
Applied Art and Design
Music
Theater/Drama
Number of Awards
333
Special Achievements/Activities Award Areas
Memberships
Number of Awards
68
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
Number of Awards
559
Employment
Work-Study Programs
Federal work study available
other work study available
Average Earnings from On-Campus Employment
$2,279
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2019-20 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2021 Peterson's LLC. All rights reserved.