Applying For Financial Aid
Applying For Financial Aid
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Email
admissions@bu.edu
Net Price Calculator
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Application Process
Application Deadline
January 4
Award Notification
On or about March 25
High School Program
College preparatory program is required
Methodology For Awarding Institutional Aid
Institutional Methodology
Forms Required Cost
FAFSA Code is 002130 Free
CSS/Financial Aid Profile $25 for first college, $16 each additional
Noncustodial (Divorced/Separated) Parent's Statement Free
Profile of 2021-22 Financial Aid
Profile of 2021-22 Financial Aid
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Freshman
Financial Aid Applicants
1,878 (46.8%) of freshmen
Found to Have Financial Need
1,616 (86.0%) of applicants
Received Financial Aid
1,616 (100.0%) of applicants with financial need
Need Fully Met
522 (32.3%) of aid recipients
Average Percent of Need Met
95%
Average Award
$57,519
Need-Based Gift
Received by 1,602 (99.1%) of aid recipients, average amount $54,294
Need-Based Self-Help
Received by 1,271 (78.7%) of aid recipients, average amount $2,609
Merit-Based Gift
Received by 341 (21.1%) of aid recipients
198 (4.9%) of freshmen had no financial need and received merit aid, average amount $26,434
All Undergraduates
Financial Aid Applicants
8,412 (48.9%) of undergraduates
Found to Have Financial Need
7,355 (87.4%) of applicants
Received Financial Aid
7,351 (99.9%) of applicants with financial need
Need Fully Met
2,255 (30.7%) of aid recipients
Average Percent of Need Met
88%
Average Award
$53,073
Need-Based Gift
Received by 7,246 (98.6%) of aid recipients, average amount $48,604
Need-Based Self-Help
Received by 5,147 (70.0%) of aid recipients, average amount $3,885
Merit-Based Gift
Received by 1,630 (22.2%) of aid recipients
662 (3.8%) of undergraduates had no financial need and received merit aid, average amount $23,912
All Undergraduates
2018 Graduates Who Took Out Loans
40%
Average Indebtedness of 2018 Graduates
$40,944
Financial Aid Programs
Financial Aid Programs
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Loans
Federal Loans
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct Plus Loans
State Loans
Available
Scholarships and Grants
Need-Based Available
Federal Pell grants
SEOG
State scholarships
Institutional scholarships
Private scholarships
Non-Need-Based Available
Creative arts/performance scholarships
Special achievements/activities
Non-Need Awards
Academic Interest/Achievement Award Areas
Engineering/Technologies
Military Science
Number of Awards
Not reported
Creative Arts/Performance Award Areas
Applied Art and Design
Music
Theater/Drama
Number of Awards
329
Special Achievements/Activities Award Areas
Memberships
Number of Awards
77
Special Characteristics Award Areas
Children and Siblings of Alumni
Children of Faculty/Staff
Local/State Students
Members of Minorities
Relatives of Clergy
Religious Affiliation
Veterans
Number of Awards
Not reported
Employment
Work-Study Programs
Federal work study available
other work study available
Average Earnings from On-Campus Employment
$2,231
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2021-22 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2022 Peterson's LLC. All rights reserved.