Boston U Aid: What You Must Know
The level of financial aid you will receive, including scholarships, grants and loans, will be based upon your need. The data found here will tell you how much you will likely obtain at Boston U based on income and any other factor you may need to consider.
What Amount of Financial Aid is Offered?
Boston University's typical financial aid package for newly arriving first year students is $40,610. About 49.0% of first year students obtain financial aid, most of which is in the form of scholarships and grants.
Financial aid contains loans, grans, and scholarships. However, college loans have to be paid back, so they aren't a true discount.
A college loan is not a true college discount, but rather an outcome to consider. See how much student loan debt from Boston U you could end up taking on.
How Much Aid is Available in Scholarships & Grants?
The numbers below refer to grants and scholarships largely provided by Boston University.
48.0% of freshmen (1,888 total) were given scholarships at Boston University, averaging $29,457 per person. This puts it in the top 20th percentile of all schools nationwide.As well as scholarships, 14.0% of first year students (554 total) got federal grant aid, for about $6,114 per person.
See the typical quantity of grants and scholarships first years receive by studying the chart below.
Grants are usually based on need while scholarships are merit-based.
How Income Level Affects Financial Aid
The next graph displays grant and scholarship distributed by family income for first year getting any sort of federal Title IV assistance, which includes Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||18.9%||$16,610|
The table above shows students who are getting Title IV aid which is federal aid from the government including grants, loans, and work study. Learn more.
Scholarships & Grants for All Undergraduate Students Average $26,513
49.0% of the 18,017 undergraduates at Boston University are given some sort of grant aid. A total of approximately 8,902 students benefiting from an average of $26,513 each.
Financial Aid Links from Boston University
|Financial Aid Department Website||www.bu.edu/finaid|
|Net Price Calculator||www.bu.edu/finaid/aid-basics/cost-of-education/net-price-calculator/|