Number Received Financial Aid (All Undergraduate)
8,920
Percent Received Financial Aid(All Undergraduate)
48%
Average Aid Amount
$50,703
Number Received Financial Aid (Freshmen)
1,984
Percent Received Financial Aid (Freshmen)
55%
Financial Aid Information at BU
For the academic year 2023-2024, a total of 8,920 students (48% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $50,703. For freshmen (Full-time, first-time degree-seeking undergraduate students), 1,984 students (55% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Boston University is $68,102, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 8,920 students (48% of all students) have received grants or scholarships and the average received aid amount is $50,703. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Boston University for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 8,920 | 48% | $50,703 |
| Pell Grants | 3,318 | 18% | $5,448 |
| Federal Student Loans | 4,174 | 23% | $5,724 |
Beginning Students Financial Aid
a total of 1,984 beginning students (55% of all freshmen) have received any financial aid and 1,927 students (53% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Boston University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 1,984 | 55% | - |
| Grants or Scholarship from All Sources | 1,804 | 50% | $55,080 |
| Federal Grants | 690 | 19% | $7,789 |
| Pell Grants | 686 | 19% | $5,668 |
| Other Federal Grants | 584 | 16% | $2,545 |
| State/Local Grants | 116 | 3% | $4,303 |
| Institutional Grants | 1,780 | 49% | $52,523 |
| Student Loans | 770 | 21% | $11,732 |
| Federal Student Loans | 708 | 19% | $4,064 |
| Other Student Loans | 191 | 5% | $32,233 |
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