EXPENSE PLANNING CALCULATOR

Undergraduate Returning Students

Use this planning calculator to estimate your expenses, resources, and net costs to you and your family. Actual amounts may vary from your projections. The calculator is designed to help you plan for one academic year. We encourage you to use it for that purpose and also to project forward and develop a multi-year plan; a plan that will sustain your enrollment through the completion of your degree program. Learn more at Your Plan for Managing BU Expenses.

BU tuition and fee listed below are for 2018/2019, unless otherwise indicated.

ANNUAL BILLED EXPENSES
Tuition & Fees (annual) $
Room & Meal Plan (We display the standard rate here, but your actual rate will depend on your room assignment
and meal plan selection. More on rates is at http://www.bu.edu/housing/living/rates/2018-19-academic-year-rates/.)
Medical Insurance (Required unless you have comparable insurance.* Fees listed are for 2017/2018.)
Optional fees – such as sports pass and other optional fees described at http://www.bu.edu/reg/registration/tuition-fees
Fees listed are for 2017/2018.
$
TOTAL ANNUAL BILLED EXPENSES $
ESTIMATED CREDITS FROM SCHOLARSHIPS, GRANTS, & OTHER
Scholarships and Grants (including federal & state grants) $
Possible external scholarships, Veterans Benefits, Tuition Benefits $
Amount You Plan to Pay (annually) via Monthly Payment Plan $
Planned payments from family savings or other $
TOTAL CREDITS $
ANNUAL BILLED EXPENSES minus ESTIMATED CREDITS $
OTHER EXPENSES (Not billed by BU)
Books & Supplies (estimated) $
If in BU Housing with meal plan: local transportation, personal/misc. expenses $
If in BU Apartment-Style Housing: meals in lieu of meal plan $
If Commuting From Home: transportation, meals (at home and on campus), personal/misc. expenses $
If in Off-Campus Apartment: rent & utilities, local transportation, personal/misc. expenses $
TOTAL OTHER EXPENSES**** $
WORK AND LOAN OPTIONS
Expected earnings from Federal Work-Study award** or other student employment $
MA No Interest Loan (if eligible Massachusetts resident) $
Federal Stafford Loan (select expected 2018/2019 grade level to get appropriate loan amount eligibility***)
Possible Federal PLUS or Private credit-based loan $
TOTAL WORK AND LOAN OPTIONS TO COVER REMAINING EXPENSES $
*Health insurance is required for all full-time, three-quarter-time, and international students, unless they already have comparable coverage and qualify for a waiver of this requirement.
**Earnings from student employment, including Federal Work-Study, cannot be used as a credit against a balance on your student account. However, they may be an effective source of funding for you to use to pay for other non-billed expenses that arise throughout the year.
*** Annual maximum Stafford Loan amounts for dependent students are $5,500 – Freshmen, $6,500 – Sophomore, $7,500 – Junior, $7,500 – Senior. For independent students the annual maximum limits are $9,500 – Freshmen, $10,500 – Sophomore, $12,500 – Junior, $12,500 – Senior. However the amount that will be disbursed to you and is listed in the drop-down above is the annual loan amount minus the federal origination fee.