College Cost Estimators

MyinTuition is a quick cost estimator that takes about 3 minutes to complete and is meant to suggest a ballpark estimate of need-based financial aid and net cost. 

The Net PriceThe “net price” is the annual cost of attendance at a college (including housing and food allowances, supplies, and other expenses) minus grants and scholarships. Educational loans and Federal Work-Study are not factored into the calculation of net price. Calculator takes 30 – 40 minutes to complete, requires that you gather income and asset information from your financial documents and is more thorough.

These calculators are designed for prospective first-year undergraduate students who are U.S. citizens and permanent residents. 

Neither tool is intended for use by international students, transfer students, current students, or graduate students.

Also, BU uses a unique calculation to determine your family contribution for 4 years. The calculation assumes that younger siblings in high school will enroll in college and older siblings currently in college will graduate. Your MyinTuition results will reflect BU’s unique calculation. However, the Net PriceThe “net price” is the annual cost of attendance at a college (including housing and food allowances, supplies, and other expenses) minus grants and scholarships. Educational loans and Federal Work-Study are not factored into the calculation of net price. Calculator will not – so keep that in mind as a caveat.

Finally, although these calculators base their estimates on the cost of attendance for the current academic year, they may also be helpful for families planning future educational expenses for younger students. The clearer your understanding of expected college costs, the better you can start to plan ahead and save.

• Paying for a first-class university education is a good investment in your future. To help make that investment affordable, Boston University will meet the full demonstrated needThe amount of financial aid you are eligible for based on the total annual cost of attendance minus the amount BU Financial Assistance determines you and your family are able to contribute toward those costs using the information provided on your CSS Profile application.  of all first-year students eligible for BU need-based scholarships. That’s affordableBU! These awards will increase at the same percentage rate of any future tuition increase.
• If you receive scholarship aid from Boston University it will never be reduced in future years, even if your income goes up or the number of children in the household attending college goes down – guaranteed by the BU Scholarship Assurance!

If you’re a prospective undergraduate student, this online tool will 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. In other words, you’ll have a personalized estimate of your family’s net cost after taking your projected need-based financial aid into account.

When you begin, you’ll be asked to provide financial information about you and your family. It will be helpful to have your parents’ and your own latest tax returns on hand for reference, as well as savings, investment, and other asset information. After completing the questionnaire, you’ll get an estimate of your projected need-based financial aid from BU (grants, need-based scholarships, work-study, and other awards). You’ll also see an estimate of the remaining cost you and your family would be expected to pay or finance. 

If you use the Net PriceThe “net price” is the annual cost of attendance at a college (including housing and food allowances, supplies, and other expenses) minus grants and scholarships. Educational loans and Federal Work-Study are not factored into the calculation of net price. Calculator and you register and sign in with your College Board username and password, you can save your BU results and use the calculator again to estimate your net priceThe “net price” is the annual cost of attendance at a college (including housing and food allowances, supplies, and other expenses) minus grants and scholarships. Educational loans and Federal Work-Study are not factored into the calculation of net price. at other universities. That way, you can compare estimated financial aid and the net priceThe “net price” is the annual cost of attendance at a college (including housing and food allowances, supplies, and other expenses) minus grants and scholarships. Educational loans and Federal Work-Study are not factored into the calculation of net price. projections of different schools. In some cases, you may find that the university with the higher sticker price may actually have a lower net priceThe “net price” is the annual cost of attendance at a college (including housing and food allowances, supplies, and other expenses) minus grants and scholarships. Educational loans and Federal Work-Study are not factored into the calculation of net price. for you.

Your results from these tools will be only as reliable as the information you provide. Keep in mind that the calculated amount of financial aid is an estimate, not an official offer. The estimate provided using these calculators does not represent a final determination, or actual award, of financial aid. Prices and other factors may change. These estimates shall not be binding on the U.S. Secretary of Education, the Commonwealth of Massachusetts, or Boston University.

BU Financial Assistance will determine your actual award amount based on your CSS/Financial Aid Profile™ application, your FAFSAThe Free Application for Federal Student Aid (FAFSA) is used to determine eligibility for state and federal grants, scholarships, and loans. The FAFSA can be completed on the Federal Student Aid website. The Boston University FAFSA school code is 002130. (Free Application for Federal Student Aid), and other supporting documents.

Don’t forget that you could be offered a BU merit-based scholarship not included in either tool’s need-based financial aid estimate. Explore merit scholarship opportunities at BU.