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C O L L E G E   P R O F I L E   -   M O N E Y   M A T T E R S
 
Boston University
Boston, MA
TUITION AND EXPENSES
Cost of Attendance $68,060
Tuition and Fees $50,240
Room and Board $14,870
 
Books and Supplies $1,000
Other Expenses $1,950
Payment Plans Installment plan, prepayment discount, deferred payment
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  
Award Notification On a rolling basis beginning April 1
Method 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
PROFILE OF 2016-17 FINANCIAL AID
Freshmen
Financial Aid Applicants 1,675 (47.2%) of freshmen
Found to Have 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
Avg. Pct. 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 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
Avg. Pct. 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
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PROFILE OF 2016-17 FINANCIAL AID - continued
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%
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)
 
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FINANCIAL AID PROGRAMS - continued
Employment
Work-Study Programs Federal work study available, other work study available
Average Earnings from
On-Campus Employment
$2,277