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  1. Boston University funds a number of scholarships for students who meet specific criteria for demonstrated financial need. To be considered, you must file both the Profile™ and FAFSA applications by the required deadlines.

  2. How do I get Boston University need-based aid? To be considered for BU need-based financial aid, you must file both the CSS Profile™ and the FAFSA (Free Application for Federal Student Aid), unless you’ve received a BU scholarship in the past.

  3. If you have not received BU need-based aid in previous years and are applying as a new applicant, you will need to complete the FAFSA, CSS Profile, and complete an Appeal for Financial Assistance Reconsideration.

  4. Applicants may still be eligible for need-based aid based on the financial aid applications and documents submitted. What documents do I need to submit to Student Financial Services (SFS)? 2024-2025 FAFSA (for the 2024-2025 academic year)

    • Bu Need-Based Scholarships.
    • Federal and State Grants.
    • Federal Loans.
    • Federal Work-Study.
    • Pell Grant Recipients Get Loan-Free Aid.

    This BU-funded award does not have to be earned or repaid. Awards are based on a student’s demonstrated financial need as determined by information on the CSS Profile and FAFSA.

    These are government funds that do not have to be earned or repaid. Information you report on your FAFSA is used to determine your eligibility. Besides federal grants such as the Federal Pell Grant, several state governments offer grants for college expenses that can be used outside of your state of residence.

    The federal government offers loans with attractive borrower benefits for students. These loans must be paid back, but they have more borrower benefits than most bank loans. You must file the FAFSA to be considered.

    Work-Study awards provide funding for part-time student employment, usually on campus and often in a field related to a student’s program of study. Funds for these awards are limited, but students who aren’t offered Federal Work-Study can often find part-time jobs through the Student Employment Office at bu.edu/seo.

    AWARD PACKAGE FOR FIRST-YEAR STUDENTS WITH NEED-BASED SCHOLARSHIPS Thanks to the University Scholarship fund, if you qualify for a Federal Pell Grant, your affordableBU scholarship aid package is guaranteed to be free of loans. Your full demonstrated need will be met entirely with scholarships, grants, and Work-Study. $3,578 $57,882 Average Need-Ba...

  5. Your financial need is determined after deducting your EFC from the total cost of attendance and is met with loans. Need-based aid is financial aid that you can receive if you have financial need and meet other eligibility criteria. You can’t receive more need-based aid than the amount of your financial need. Read on to find out more about ...

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  7. Nov 23, 2023 · Completing Entrance Counseling and an MPN is required to receive the first disbursement of your loans as a BUMC student. Federal Entrance Counseling and MPNs can be completed at https://studentaid.gov/.

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