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 1
Award Notification
On or about April 15
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 2020-21 Financial Aid
Profile of 2020-21 Financial Aid
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Freshman
Financial Aid Applicants
1,511 (51.9%) of freshmen
Found to Have Financial Need
1,304 (86.3%) of applicants
Received Financial Aid
1,304 (100.0%) of applicants with financial need
Need Fully Met
537 (41.2%) of aid recipients
Average Percent of Need Met
97%
Average Award
$56,442
Need-Based Gift
Received by 1,299 (99.6%) of aid recipients, average amount $52,248
Need-Based Self-Help
Received by 969 (74.3%) of aid recipients, average amount $2,644
Merit-Based Gift
Received by 382 (29.3%) of aid recipients
138 (4.7%) of freshmen had no financial need and received merit aid, average amount $30,459
All Undergraduates
Financial Aid Applicants
8,053 (50.5%) of undergraduates
Found to Have Financial Need
6,948 (86.3%) of applicants
Received Financial Aid
6,941 (99.9%) of applicants with financial need
Need Fully Met
2,348 (33.8%) of aid recipients
Average Percent of Need Met
87%
Average Award
$49,407
Need-Based Gift
Received by 6,841 (98.6%) of aid recipients, average amount $44,479
Need-Based Self-Help
Received by 4,639 (66.8%) of aid recipients, average amount $4,109
Merit-Based Gift
Received by 1,821 (26.2%) of aid recipients
740 (4.6%) of undergraduates had no financial need and received merit aid, average amount $23,163
All Undergraduates
2018 Graduates Who Took Out Loans
44%
Average Indebtedness of 2018 Graduates
$43,486
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
Academic scholarships
Creative arts/performance scholarships
Special achievements/activities
Special characteristics (minority
religious affiliation
other scholarships)
Non-Need Awards
Academic Interest/Achievement Award Areas
Engineering/Technologies
Military Science
Number of Awards
917
Creative Arts/Performance Award Areas
Applied Art and Design
Music
Theater/Drama
Number of Awards
326
Special Achievements/Activities Award Areas
Memberships
Number of Awards
78
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
416
Employment
Work-Study Programs
Federal work study available
other work study available
Average Earnings from On-Campus Employment
$2,246
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2020-21 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2021 Peterson's LLC. All rights reserved.