Economic Impact
The economic impact of Boston University in Massachusetts is substantial—nearly $4 billion annually. This includes approximately $175 million in goods and services purchased annually from Boston vendors, $11+ million in scholarships to Boston public school graduates (FY2018), and $6.3 million in PILOT payments (FY2018). We are Boston’s third-largest private employer, and spending in Boston by our students and visitors totals over $275 million each year.
2018 Boston University Fact Sheet
- 34,262 students (Fall 2017 mid-semester)
- 130+ countries that our students call home
- 14,203 faculty and staff
- 17 schools and colleges
- 300+ programs of study
- 3rd largest private employer in Boston
- >$3.9 billion economic impact in Massachusetts
- $419.3 million in grant and contract awards (FY2018)
- $11+ million in scholarships to Boston public school graduates (FY2018)
- ~$275 million annually in student and visitor spending in Boston
- Hundreds of social programs geared to Bostonians
- 100,000+ student community service hours
The BUlletin
The BUlletin provides busy policymakers like you with updates on BU's federally-funded research breakthroughs, faculty expertise, and community stories.
