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Thursday, September 19, 2024

Cost of college went up for all students at Boston University

College1

Tuition and fees rose 3.6 percent for 2018-19 at Boston University, according to recent data from the U.S. Department of Education.

Massachusetts students paid $53,948 to attend the four-year private not-for-profit institution this year – $1,866 more than the $52,082 charged for 2017-18.

Data shows 58 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 1,804 students received grants or scholarships totaling $74 million and 1,114 students took out student loans totaling more than $12.4 million.

Including all undergraduates (34,657), 8,679 students used grants or scholarships totaling $287.1 million, and 5,983 students took out $42.3 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~4,852$48,436$50,240$52,082$53,94811.4%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Boston University in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants63718%$4,416,930$6,934
State / local grant or scholarship1244%$314,258$2,534
Institutional grants or scholarships1,78251%$69,296,975$38,887
Grant or scholarship aid total1,80452%$74,028,163$41,036
Federal student loans1,06530%$5,663,958$5,318
Other student loans2537%$6,700,657$26,485
Student loan aid1,11432%$12,364,615$11,099
Total student aid2,04558%--

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