An Overview of the Boston University Financial Aid Program

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An In-Depth Guide to Boston University Financial Aid

Having a diverse and academically impeccable student population and plenty of top-level study programs that cater to everybody’s needs, it’s no wonder Boston University (BU) is among the top 5% of the best schools in the United States. Are the University’s tuition and attendance costs, reaching up to $76,656, deterring you from becoming a prospective student, though?

Luckily, the Boston University financial aid program can help you reduce your expenses, and this guide will explain who qualifies for it, what the application process entails, and if necessary!

What Types of Financial Aid Does Boston University Offer?

Boston University offers the following types of financial aid:

  1. Grants
  2. Scholarships
  3. Student work opportunities
  4. Loans

Grants at Boston University

Check out all grants available at BU and their award amounts:

CategoryGrantsAmount per Academic Year
FederalFederal Pell GrantUp to $6,495
Federal Supplemental Education Opportunity Grant (SEOG)Up to $4,000
StateMassachusetts Gilbert GrantUp to $2,500
Massachusetts Part-Time GrantMinimum of $200—The maximum amount depends on Boston University

Boston University students can apply for grants issued by their home states if they come from:

  • Delaware
  • Pennsylvania
  • Vermont

Boston University Financial Aid—Scholarships

Check out all scholarships you can apply for at Boston University:

First-year merit-based awards
  • Athletic Scholarships
  • Boston/Brookline Firefighters Memorial Scholarship
  • Boston University College of Engineering FIRST Scholarship
  • Brookline High Scholarship
  • Chelsea High and Andrew Quigley Scholarships
  • College Board National Recognition Programs
  • College of Fine Arts Scholarship
  • Massachusetts Pre-Engineering Program (Mass PEP) Scholarship
  • Methodist Clergy Scholarship
  • National Merit
  • Posse Foundation Scholarship
  • Presidential Scholarship
  • ROTC Scholarships
  • Thomas M. Menino Scholarship
  • Trustee Scholarship
Transfer merit awards
  • Athletic Scholarships
  • Bunker Hill Community College Scholarship
  • Massachusetts Bay Community College Scholarship
  • Methodist Clergy Scholarship
  • Phi-Theta Kappa Scholarship
  • ROTC Scholarships
  • Roxbury Community College Scholarship
Need-based awards
  • Boston University Need-Based Scholarship
  • BU Community Service Award
  • Charles River Housing Grant
  • University Scholarship

Student Employment Opportunities at Boston University

Boston University students can opt for one of the two student employment programs:

  1. Federal Work-Study—Students attending Boston University earn between $2,000 and $2,600 on average during one academic year
  2. Student employment

You can work from 8 to 12 hours per week and explore available on- and off-campus positions on the University’s Job Board.

Boston University Financial Aid—Loans

If the combination of all previous types of aid does not meet your financial needs, you can choose between the following loaning options at Boston University:

Average Financial Aid Awards at Boston University

In the academic year 2020/2021, Boston University awarded:

  • 49% of all first-year students with a financial aid package averaging around $54,000 per student
  • 1,759 students with scholarships averaging $40,819 per person
  • 635 students with grants valued at $7,103 on average

How To Apply for Boston University Financial Aid

To apply for financial aid, Boston University requires you to submit the following applications:

  1. Free Application for Federal Student Aid (FAFSA)—school code 002130
  2. College Scholarship Service (CSS) Profile—school code 3087

To receive maximum financial aid possible, submit your applications by the priority deadlines:

  • Early decision—November 1
  • Early decision 2—January 4

If you come across any issues while completing your applications, you can contact the Boston University Financial Aid Office for assistance by calling 617-353-2965 or sending an email to

What Can I Do if the Boston University Financial Aid Office Rejects My Application?

Students who feel that Boston University underestimated their financial needs can submit a Request for Financial Aid Reconsideration and include a financial aid appeal letter that explains the circumstances affecting their ability to afford tuition. An appeal letter can be a powerful tool to use to get more aid, and DoNotPay can help you write a convincing appeal in a flash!

Use DoNotPay To Request More Financial Aid From Boston University in a Flash!

Follow these steps to file an appeal with Boston University:

  1. Search for Appeal for More Financial Aid
  2. Explain the circumstances that increase your financial needs

DoNotPay will generate and send your custom appeal letter to Boston University in a matter of moments!

Check our learning center regularly for more financial-aid-related guides that answer frequently asked questions, such as:

Alternatives to Boston University

Did Boston University not meet your financial needs? Don’t be discouraged because plenty of reputable schools have more generous financial aid offers, and we picked out a few for you to check out:

Harvard University Financial AidRutgers University Financial AidUniversity of California, San Diego Financial Aid
New York University Financial AidCornell University Financial AidPurdue University Financial Aid
University of California, Los Angeles Financial AidPrinceton University Financial AidUniversity of California, Santa Cruz Financial Aid
Columbia University Financial AidYale University Financial AidMIT Financial Aid
Stanford University Financial AidUniversity of California, Davis Financial AidUniversity of California, Berkeley Financial Aid

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