An award decision for an entering student is based on financial need, academic credentials presented upon admission, and availability of funds for the program of study. Students with the strongest academic records receive awards with the highest percentage of grant, while others receive limited grant. Those with comparatively weaker records receive no grant despite their financial need and admission to the University.
Returning students are awarded aid comparable to what they were offered as entering students, provided renewal criteria are met.
Boston University does not have sufficient funds to award scholarships and grants to every student, or to fully meet the need of all students with calculated financial need. All appeal petitions are carefully reviewed and every effort is made to assist qualified students who fully document extenuating circumstances.
To request reconsideration of the Office of Financial Assistance’s decision on your application for need-based financial aid:
- Accept any current award offer immediately. This will not negate your appeal; it is a necessary first step in the process.
- Submit a letter of appeal requesting reconsideration of your current aid decision to the Assistant Director responsible for your application. Provide specific information about any change in your family’s financial situation or extenuating circumstances, and an estimate of the amount of aid your calculations suggest you will need. Appropriate documentation must be included.
- If you have not done so previously, submit:
- A complete, signed (even if e-filed) copy of your U.S. federal income tax return *
- A complete, signed (even if e-filed) copy of your parents’ U.S. federal income tax return *
- Copies of all of your parents’ W-2 forms
- Verification of any untaxed income
* As actually submitted to the IRS, with all schedules and attachments.
To ensure consideration for the academic year starting in September, entering freshmen must submit appeals by May 15, entering transfer students by June 15, and returning students by August 1.
Families who experience changes in financial circumstances after the appeal deadline may submit a Spring Semester Application for Undergraduate Financial Aid, which is due by the first Monday in November.
|
|
