How Aid Works

The BU Promise

If you’re admitted, finances shouldn’t stand in the way

Introducing the BU Promise. Beginning in the 2026–27 academic year, Boston University will meet 100 percent of demonstrated financial need for first-time, first-year students who are US citizens and permanent residents—without loans.  

Under this program, admitted first-year students from families with annual household incomes below $200,000 and typical assets can expect to pay no more than $20,000 per academic year toward the cost of attendance. In other words, financial aid will cover full tuition plus a portion of standard housing and dining costs.  

Families with a total income of $75,000 or less, with typical assets, can expect to pay nothing. 

Families earning more than $200,000 are also encouraged to apply. BU considers each family’s individual financial circumstances—including factors such as multiple children in college or a high cost of living—when determining need-based aid. 

Students must submit all required financial aid materials and meet eligibility requirements to be considered for need-based aid. BU Financial Assistance will make final determinations regarding family contributions and financial aid awards based on each family’s circumstances. 

With the BU Promise, your financial aid covers 100% of your demonstrated need without student loans. However, Federal Direct Loans may still be offered if you are eligible and families may still choose to borrow to help cover educational expenses.

_{In considering all circumstances impacting a family’s ability to pay for the cost of education, BU Financial Assistance reserves the right to make the final determination of an expected contribution and financial aid award.}

What will BU Cost you?

_{*Table illustrates sample costs for admitted first-year students starting in 2026/2027. Based on total household income with typical assets. Cost of Attendance based on standard Housing and Dining Plan cost for four years and standard 26/27 Tuition – $73,024.}