Boston University Tuition and Fees

Boston University Tuition and Fees

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    By Kelly Boyer Sagert

    (Last Updated – 06/2025)

    Boston University is known for its rigorous academics, and it’s been recognized as a top university. For example, U.S. News & World Report recently ranked the university as #41 nationally. This private institution is set on 140 acres in Boston, the quintessential college town, and enrolls almost 20,000 undergraduate students.

    Total Cost of Attendance

    Boston University’s total cost of attendance for the 2024-25 school year was $90,207, which is substantially higher (about 50% more) than the national average at private universities of $60,420 per year.

    Costs for 2024-2025

    Tuition & Fees

    $68,102

    Books & Supplies

    $1,000

    Room & Board

    $19,020

    Other Expenses

    $2,085

    Total Cost of Attendance

    $90,207

    Financial Aid

    More than half of the students at Boston University (55%) receive some form of financial aid. This includes loans, grants, and scholarships. While Boston University does consider financial need during the admissions process (meaning it’s not need-blind), it meets 100% of the demonstrated financial need for admitted students.

    Explore financial aid options: Massachusetts Student Loans & Scholarships.

    Generally, financial aid is monetary assistance awarded to students based on personal need or merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.

    The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:

    •  Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, or financial need.

    •  Grants: Generally based on financial need, these can come from federal, state, private, or nonprofit organizations.

    •  Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.

    •  Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.

    Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state, federal, and school deadlines may differ.

    You can find other financial aid opportunities on databases such as:

    •  US Department of Education – Search for grants from colleges and universities by state

    •  College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid

    •  Scholarship Search Tool

    Recommended: The Differences Between Grants, Scholarships, and Loans

    Private Student Loans

    While 19% of students take out federal student loans at BU to help cover the Boston University cost, 5% take out private student loans. The latter average $32,233.

    Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -affiliated organizations. While federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.

    What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.

    Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for, since it generally has better rates and terms.

    If you’ve missed the FAFSA deadline or you’re struggling to pay for school during the year, private loans can potentially help you make your tuition payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.

    Recommended: Guide to Private Student Loans

    Projected 4-Year-Degree Price

    To attend Boston University for four years, including tuition, room and board, and books and other fees, the cost would be $360,828. This is substantially more than the average of $241,680 for private U.S. institutions.

    Here’s some Student Loan & Scholarship Information for you.

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    Undergraduate Tuition and Fees

    Costs for 2024-25

    Tuition & Fees

    $68,102

    Books & Supplies

    $1,000

    Total

    $69,102

    The combined cost of BU tuition and fees, plus books and supplies, is $68,102 for the 2024-25 school year. Compare this to the national average of $41,540 for private colleges, and you’ll see that a Boston University education is considerably more expensive.

    Graduate Tuition and Fees

    Costs for 2024-25

    Tuition

    $66,670

    Fees

    $956

    Total Cost of Attendance

    $67,626


    To attend BU as a grad student, you’ll pay Boston University tuition of $66,670 and fees of $956, for a grand total of $67,626. Compare this to the national average of $21,730, making BU three times more expensive than the typical school.

    There are many options for graduate loans available that can help you with these Boston University costs.

    Cost per Credit Hour

    If you opt to attend Boston University part-time, you’ll currently pay $2,183 per credit. Some of BU’s schools have different fees for tuition and credits.

    Campus Housing Expenses

    Costs for 2023-24

    Student Type

    On-campus

    Off-campus

    Room & Board

    $19,020

    $1,250 to $3,379/mo*

    Other Expenses

    $2,085

    $2,000

    Total

    $21,105

    varies

    *Based on available apartments on the University of Boston’s off-campus housing website in June 2025.

    BU offers a variety of on-campus living options, including traditional dorm rooms and multi-bedroom apartments. All freshmen are required to live on campus. BU prides itself on offering both gender-affirming and gender-neutral housing.

    For upperclassmen who opt to live off-campus, there are numerous apartments vetted and approved by BU. Learn more about off campus rentals .

    Boston University Acceptance Rate

    Fall 2023

    Number of Applications

    Number Accepted

    Percentage Accepted

    80,495

    8,733

    11%

    The Boston University acceptance rate is low, with just 11% of applicants being accepted.

    Admission Requirements

    BU has certain requirements for applicants to be considered for acceptance. There are also some recommended items that might help your application.

    Required:

    •  High school transcript

    •  Senior year grades

    •  Counselor Recommendation and School Report Form

    •  Personal statement or essay

    Recommended:

    •  SAT or ACT scores

    The deadline for Early Decision at BU is November 1, with a decision given by mid-December. The deadline for Early Decision 2 is January 6, with a decision given by mid-February. For Regular Admission, the deadline is also January 6, with a decision given by late March.

    SAT and ACT Scores

    Standardized test scores are not required to apply to Boston University, though they may be submitted. Here are the average scores for accepted students.

    Subject

    25th Percentile

    75th Percentile

    SAT Evidence-Based
    Reading/Writing

    680

    740

    SAT Math

    720

    780

    ACT Composite

    32

    34

    ACT English

    33

    35

    ACT Composite

    29

    34

    Graduation Rate

    Graduation rates are as follows for students who enrolled in Fall 2017:

    •  4 years: 83%

    •  6 years: 90%

    Post-Graduation Median Earnings

    After graduating from BU, undergraduates can expect to earn an average of $103,937. This is significantly higher than the average of $68,516 for four-year schools.

    Bottom Line

    Boston University, a private institution, offers a highly-rated education with hundreds of fields of study, but admission is very competitive. In addition, a BU degree is quite expensive. Grants, scholarships, and federal and private student loans can help students finance their education.

    SoFi private student loans offer competitive interest rates for qualifying borrowers, flexible repayment plans, and no origination fees.

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