All you have to do is apply for financial aid.
Because you deserve to attend BU, regardless of your family’s means. affordableBU is a commitment we make to you when you complete the financial aid process.
How can I apply?
Early Decision & January Admission CSS Profile and FAFSA Deadline
Regular Decision & Early Decision 2 CSS Profile and FAFSA Deadline
Who is eligible for affordableBU?
What’s your full demonstrated need?Calculate
What are the types of aid?
What kind of aid can you expect? It depends on your family’s financial situation. One person might receive a package of grants and low-interest student loans. Another, Work-Study and a scholarship. Yet another, some combination of all four. Further, if you are also eligible for a Pell Grant, your aid package is guaranteed to be free of loans, thanks to the University Scholarship fund. Merit scholarships are available to all students, regardless of need.
What does BU mean by “affordable” and “will meet my need”?
BU is affordable because what you pay will depend on what you can afford. Meeting your need means that the gap between the cost of BU and what your family can be expected to contribute, based on your demonstrated financial need, will be covered through some combination of scholarships, grants, low-interest government student loans, and Work-Study. This can greatly reduce or in many cases eliminate your need to take out supplementary private loans. Additionally, if tuition increases, your Boston University need-based scholarship will increase at the same percentage as the increase in tuition.
What is demonstrated financial need?
Demonstrated need is the cost of attending BU minus your Expected Family Contribution (EFC), which is calculated from information you submitted on the FAFSA and the CSS Profile forms. You can calculate your estimated need with this calculator, but keep in mind it is only an estimate. To determine your actual need, you must complete both your FAFSA and CSS Profile. Your financial aid will be equal to the calculation of your need and may be comprised of need-based scholarships, grants, government student loans, and/or Work-Study.
What is included in the “cost of attendance”?
For financial aid purposes, the cost of BU is the yearly expected total of tuition, room and board, local transportation, books, supplies, and personal expenses.
How do I know if I qualify for financial aid based on my family’s situation?
You must file the FAFSA and CSS Profile to officially determine whether you qualify for financial aid. However, for planning purposes, we also have an online tool to help you and your family estimate the amount of financial aid you could be offered and the net amount you may be expected to pay toward the cost of attending BU. For more information, visit the MyinTuition: Quick College Cost Estimator or the Net Price calculator.
If I do not qualify for financial aid, does BU still offer merit scholarships based on my grades or other factors?
BU offers merit-based scholarships for academics, athletics, arts, and leadership. Merit-based scholarships have varied requirements and submission guidelines that must be followed in order to qualify. Please review our Merit Scholarships for First-Year Students page for information about specific merit scholarships, requirements, and deadlines.