Welcome! Making an investment in your graduate education is a wise decision, but we understand that navigating the financial aid process can be overwhelming. The financial aid office in the Graduate School of Arts & Sciences (GRS) is here as a resource and strives to provide you with all of the information you need, so that you can explore your options and make an educated decision about the best way to finance your education.

Please find relevant information about financial aid availability and loan options for our Master’s programs in the links listed on the right.

Please don’t hesitate to contact us with your questions.

Various forms of financial aid are available to support your studies at the Graduate School of Arts & Sciences (GRS). In addition to loans (federal and credit-based) and external funding opportunities that are available, we offer a range of School and department-based aid in the form of fellowships, scholarships, and research assistantships.

In order to be eligible for financial aid, students must maintain Satisfactory Academic Progress. The GRS minimum standard for Satisfactory Academic Progress is:

  • Maintain a GPA of 3.0 or higher
  • Have no more than two failing grades (grades of C+ or lower, I grades which are older than a year, and W grades)

Financial Aid may not exceed the cost of required tuition, fees and living expenses (see cost of attendance below). When estimating the total cost of attendance at GRS, you will need to consider BU medical insurance and living expenses such as housing, transportation, etc.



Student Services Fee


Health & Wellness Fee


Room & Board






Books & Supplies


DL Fee*




(Based on 9 months: September–May)

*An average of the origination fees for the Direct Stafford Loan that applies to all students regardless of whether the loan is borrowed.
Note: Medical insurance plan costs are not included above. Cost and plan details for the 2018-2019 Basic and Plus medical insurance plans will be available in early Summer.  More information can be found at Student Accounting Services.

Our policy is that financial aid awarded by Boston University may be used only for courses required by the degree program. It may be used for courses taken as co-requisites or prerequisites by special permission from the Graduate School of Arts & Sciences. It may not be used for the Sports Pass, subway/bus passes, library fines or late fees. Graduate School of Arts & Sciences financial aid does not cover the cost of audited courses for Master’s students. Boston University employees are not eligible for GRS financial aid.

Boston University’s policy is to withhold all diplomas, degrees, official transcripts, and other official recognition of work done at the University from students with respect to whom there are any outstanding overdue debts to the University, including, but not limited to amounts owed in satisfaction of tuition, loan agreements, fees, and charges, as well as monies owed for occupancy in University-owned or -operated residences and for dining service. No student may withdraw from the University in good standing or graduate from the University unless all current obligations to the University are paid in full.

The Graduate School of Arts & Sciences follows a uniform refund policy for all institutional aid. A Master’s student who receives scholarship aid and withdraws or takes a leave of absence after the beginning of classes will have the institutional aid canceled. This includes but is not limited to Teaching Fellowships, Research Assistantships, and Graduate Scholarships. Federal financial aid is adjusted in accordance with federal regulations.