You’re making a smart investment in Boston University and in your future. We take that investment seriously.

We’re happy to guide you through the financial aid process and provide any assistance along the way. To help you plan for your graduate education, take a look at the information we’ve laid out for you below. We also encourage you to explore our guide to Financing Your Full-Time MBA.

The following tuition, fees, and other expenses have been established at Boston University Questrom School of Business for the 2017-2018 academic year.

Full-Time MBA Tuition

Tuition* $51,916
Fees* $886
Books and Supplies (Estimated) $1,574
Room and Board (Estimated) $13,375
Incidentals (Estimated) $4,396
Total Educational Expenses* $72,147
*Tuition and fees are subject to change without notice.

Looking to see tuition rates in another currency? Click here convert the US dollar amounts into other currencies, such as Euros, Great Britain Pounds, Chinese RMB, and Indian Rupees, and see current exchange rates.

Massachusetts law requires all students who carry at least 75 percent of the full-time curriculum to have medical insurance. Students who cannot demonstrate coverage under a qualifying medical insurance plan are required to purchase the University’s student health insurance plan. The cost of BU Medical Insurance for the 2017-2018 academic year is $2,045. 

MBA+ MSDi Tuition

The following tuition, fees, and other expenses have been established at Boston University Questrom School of Business for the 2017-2018 academic year. The MBA+ MSDi tuition includes both the full-time tuition as well as tuition for the summer session.

Tuition $51,916
Fees $886
Books and Supplies (Estimated) $1,574
Room and Board (Estimated) $13,375
Incidentals (Estimated) $4,396
Summer Tuition $12,976
Summer Fees $60
Total Educational Expenses $85,183

Looking to see tuition rates in another currency? Click here convert the US dollar amounts into other currencies, such as Euros, Great Britain Pounds, Chinese RMB, and Indian Rupees, and see current exchange rates.

Massachusetts law requires all students who carry at least 75 percent of the full-time curriculum to have medical insurance. Students who cannot demonstrate coverage under a qualifying medical insurance plan are required to purchase the University’s student health insurance plan. The cost of BU Medical Insurance for the 2017-2018 academic year is $2,045.

Merit-Based Scholarships

Boston University Questrom School of Business offers a variety of merit-based scholarship programs for qualified full-time students. Applicants are notified of these opportunities in their initial offers of admission. A separate application for scholarship consideration is not needed, and the Admission Committee considers all admitted candidates for merit-based scholarship awards. For the fall 2016 entering class, almost 90% received scholarship assistance with the average award exceeding half tuition each year. Here are the various awards Questrom currently offers:

Dean’s Scholarship

In our effort to attract the highest quality candidates from around the world, the Dean’s Scholarship program provides awards ranging from $10,000 to full tuition for candidates with outstanding professional, academic, and personal qualities. Both domestic and international candidates will be considered for these awards.

Social Impact Scholarship

The intent of the Social Impact Scholarship program is to limit the financial burden faced by students who seek to use core business management skills to address society’s most challenging humanitarian and social problems. This program provides awards ranging from $10,000 to full tuition per year to admitted students of the Social Impact MBA program. Both domestic and international candidates will be considered for these awards.

City Year Scholarship

The Boston University Questrom School of Business has partnered with City Year to sponsor a minimum of three scholarships to our full-time Social Impact MBA  for City Year alumni and staff members who have at least one year of service and/or City Year staff members who have been employed for at least two years. Questrom feels that there is a the rich perspective City Year alumni and staff bring to their educational experience and this experience will add to our Social Impact MBA program, focused on addressing society’s most challenging humanitarian and social problems in the global economy. This partnership will provide a minimum of $15,000 for the first year of study, and is renewable for a second year.

Education Pioneers Scholarship

The Boston University Questrom School of Business has created a flagship partnership with Education Pioneers to sponsor a minimum of three scholarships to our full-time Social Impact MBA for Education Pioneers alumni and staff members who have at least one year of service and/or Education Pioneers staff members who have been employed for at least two years. Questrom feels that there is a the unique perspective Education Pioneers alumni and staff bring to their educational experience and this experience will add to our Social Impact MBA program, focused on addressing society’s most challenging humanitarian and social problems in the global economy. For eligible students, the minimum award amount will be $10,000 for the first year of study, renewable for a second year.

MBA+ MSDSummer Scholarship

Available to outstanding MBA+ MSDi candidates, this program provides supplemental support for the added tuition costs associated with obtaining this joint degree. Awards range from $5,000 to $10,000. This award is only applicable to the summer semester of the MBA+ MSDi program. Both domestic and international candidates will be considered for these awards.

Prospanica Scholarship

This scholarship is provided by Prospanica and the Boston University Questrom School of Business to provide greater access to the best in graduate management education for Hispanic prospective students. Boston University will provide scholarships to be awarded on behalf of the Boston Chapter of Prospanica.

United States citizens of Latin American descent will be given primary consideration for this award. Candidates will be notified in their admission package, and Prospanica will be notified once the recipient has confirmed his or her intent to enroll at the Boston University Questrom School of Business.

FUNED Scholarship for Mexican Nationals

The Fundación Mexicana para la Educatión, la Tecnología y la Ciencia, A.C. (FUNED), will provide a maximum of three grants to Mexican Nationals who have received a  scholarship through Questrom School of Business. These FUNED grants provide “credit-scholarships” covering up to 40 percent of the total cost of the master’s program (not exceeding $40,000 over two years).

Singh Scholarship for Indian Nationals

The Max Analjit Singh Scholarship Fund provides annual scholarship awards based on academic merit and financial need to two deserving and outstanding students from India pursuing full-time graduate studies at the Boston University Questrom School of Business. Scholarship recipients shall be selected by Boston University Foundation–India and shall be known as Max Analjit Singh (MAS) Scholars.

Peter (Questrom G’85) and Mary Diotte Scholarship

The Peter (Questrom G’85) and Mary Diotte Scholarship, the amount of which varies from year to year, is awarded to an MBA student with strong ties to Wisconsin and/or the Midwest.  Peter Diotte is a 1985 graduate of the Questrom MBA program who grew up in Wisconsin and is committed to supporting students with a connection to this area.

Federal Financial Aid

If you are a US citizen or permanent resident, you are eligible to apply for a Federal Direct Stafford Loan. The Federal Direct Stafford Loan Program provides low-interest loans to US citizens pursuing graduate education. The maximum loan eligibility is $20,500 per academic year. For most current interest rates and loan fees for the Direct Stafford please visit the U.S. Department site.

To apply for federal financial assistance:

  1. Obtain a FSA ID from the Department of Education website. You will need a FSA ID to complete the FAFSA.
  2. Complete the 2017-2018 Free Application for Federal Student Aid (FAFSA) online. Boston University’s school code is 002130.
  3. Complete the Questrom Application for Federal Financial Aid and submit it to the Graduate Programs Office via drop off, mail, fax, or scan and e-mail.

Private Loans

Many US citizens, permanent residents, and international students finance their graduate educations with credit-based education loans. US citizens and permanent residents who qualify as creditworthy do not require cosigners. For more information about lenders in the rapidly changing loan environment, please visit BU’s Alternative Financing Options website

International students, however, may need to apply with a creditworthy US citizen or permanent resident with a US-based address. We encourage you to research the different loan programs and determine which loan best fits your needs. All students are encouraged to seek lenders offering loans with the most favorable terms. Here are some loan options for International Students seeking to borrow without a co-borrower and important steps you should take in investigating all loan options.

Private Scholarships

Many state and private organizations offer scholarships to students who demonstrate academic excellence. The Graduate Academic & Career Development Center encourages you to apply for all External Scholarship Opportunities.

External Resources:

  • Fast Web: Database of over 1.3 million scholarships, fellowships, and grants
  • FinAid: Information on scholarships, loans, saving plans, and military aid
  • Scholarships and Grants: Free US College Scholarships, Grants, Competitions and Awards Resources
  • Unigo: Database of over 2.5 million scholarship awards
  • CollegeBoard: College Board’s scholarship search from a database of over 2,300 sources
  • CollegeNet: CollegeNet’s scholarship search
  • GradLoans: The Student Loan Network provides answers to financial aid questions and links to free scholarship searches
  • The Scholarship Page: Scholarship search engine
  • AAUW: American Association of University Women offers awards, grants, scholarships and fellowship opportunities to women
  • Government Finance Officers Association: Offers accounting, finance and business graduate scholarships
  • The Independent Institute: Essay contest
  • OP Loftbed Scholarship
  • AACE International Competitive Scholarships: Scholarships to qualified students who are enrolled or planning to participate in an accredited college or university program.
  • Government Grant programs (costs money for the information)
  • Grants for Single Mothers: Grants for Single Mothers is among the web’s top educational resource focused on helping single moms. Topics include single mom financial aid, scholarship resources, food and housing programs, parenting advice, and related information. The site is maintained by a single mom, Lindsay Blanche, in hopes to help and educate other single moms in need.
  • Talentia Fellowship Program: This program is an initiative by the Ministry for Innovation, Science and Enterprise in Andalusia, Spain that provides postgraduate scholarships to students from Andalusia allowing them to study abroad in selected institutions. The fellowships are addressed to university graduates with outstanding intellectual and human excellence, an international profile and commitment to the development of Andalusia. Awards cover full tuition, travel expenses, and living allowance for a maximum of two academic years.

Payment Plan Options

Students may choose to budget all or part of their semester balance in five monthly payments with the Payment Plan administered by Nelnet. Participants must complete an enrollment agreement and pay a nonrefundable enrollment fee per semester. For more information about the  Payment Plan or learn how to enroll enroll online, please visit the Student Accounting Services website. The deadline to enroll in the Payment Plan is mid-August for the Fall Semester, and mid-December for the Spring Semester. Payments for fall term begin in May and enrolling after May would require making back payments upon enrollment.

Veteran Benefits

Veterans and military personnel are eligible for educational assistance. If you are interested in taking advantage of this assistance, please contact 1-888-GI-BILL (1-888-442-4551) and speak with a Veterans Benefits Counselor or visit the GIBill website.

Yellow Ribbon Program

Boston University is proud to participate in the Yellow Ribbon Program, an agreement with the Veterans Administration (VA) to fund tuition expenses that exceed the highest public in-state undergraduate tuition rate. Individuals with active duty service since September 11, 2001, may be eligible for this benefit and can apply online at United States Department of Veterans Affairs. As a 2010-2011 academic year participant in the Post-9/11 GI Bill’s Yellow Ribbon Program (YRP), Boston University will provide 20 students with Yellow Ribbon scholarships on a first-come, first-served basis. The University will contribute up to $2,600 per student per semester (fall, spring, and summer) that will be matched by the Veterans Administration. Please click here for more information.