For the academic year 2022-2023, total 2,113 full-time, first-time students (53% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 8,911 students (49% of all students) received grants or scholarships and the average grant amount is $46,070. In addition, 4,355 students received student loans and the average loan amount is $6,082.
Below tables show the number and amount by source of financial aid at Boston University.
For all undergraduate students, total 8,911 students (49% of all students) received grants or scholarships and the average grant amount is $46,070. In addition, 4,355 students received student loans and the average loan amount is $6,082.
Below tables show the number and amount by source of financial aid at Boston University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 8,911 | 49% | $46,070 |
| Pell Grants | 3,138 | 17% | $5,156 |
| Federal Student Loans | 4,355 | 24% | $6,082 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 2,113 | 53% | - |
| Grants or Scholarship from All Sources | 1,912 | 48% | $51,565 |
| Federal Grants | 688 | 17% | $7,494 |
| Pell Grants | 688 | 17% | $5,286 |
| Other Federal Grants | 635 | 16% | $2,392 |
| State/Local Grants | 157 | 4% | $3,386 |
| Institutional Grants | 1,897 | 47% | $48,974 |
| Student Loans | 905 | 23% | $10,425 |
| Federal Student Loans | 845 | 21% | $4,196 |
| Other Student Loans | 212 | 5% | $27,776 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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