• Julia Serazio

    Julia Serazio Julia Serazio is BU Development & Alumni Relations senior director of development communications. Profile

    She can be reached at serazio@bu.edu.

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There are 2 comments on BU Trustee Richard Cohen’s Challenge Bolsters Need-Based Undergrad Financial Aid

  1. They should raise similar challenge (s) for Merit based scholarships. The high tuition of BU scares away many a bright student from even applying here since their reasonable family incomes will disqualify them for need based. Of those with very high credentials who still apply hoping for merit awards, most will be disappointed to know they wouldn’t get any (5-6% only get something). So they have to turn down BU admissions to go elsewhere. Compare to USC’s merit based awards to more than 20% of incoming class.
    Some of those who still join and perform outstandingly, will start thinking about transferring out in a year or two … If BU intends to stay competitive, it needs to look at what peers like USC and NYU are doing to get the brightest to their schools and keeping them.

    1. This would make sense if the requirements to get into BU weren’t as stringent as they are. Everyone who gets in to BU would qualify for a merit based scholarship because everyone who gets in is high achieving, has great grades and a good intellect. I think BU is competitive enough, getting over 60,000 applications each year and only admitting about 1/4 of that is proof.

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