Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 8,730, which is 48.56 % of all undergraduate students. 5,855 students which is 32.56% of undergraduate students received federal student loans and the average loan amount is $6,867.

For full-time, first-time beginning students (freshmen), 49.56% of students received grants or scholarships and 33% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Boston University since 2013.

For that period, the average number of students who received grants aid/scholarships is 8,730, which is 48.56 % of all undergraduate students. 5,855 students which is 32.56% of undergraduate students received federal student loans and the average loan amount is $6,867.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-149,379 (52%)$26,3232,587 (14%)$4,1697,231 (40%)$7,209
2014-158,902 (49%)$26,5132,372 (13%)$4,2916,817 (38%)$7,228
2015-168,266 (46%)$29,9342,372 (13%)$4,3646,555 (37%)$7,267
2016-178,150 (45%)$31,0712,431 (14%)$4,4126,367 (35%)$7,294
2017-188,679 (48%)$33,0852,681 (15%)$4,6335,983 (33%)$7,067
2018-198,986 (49%)$36,4612,887 (16%)$4,8015,762 (31%)$6,679
2019-208,797 (49%)$38,7972,864 (16%)$4,8495,209 (29%)$6,595
2020-218,502 (50%)$42,7512,916 (17%)$5,0334,412 (26%)$6,383
2021-228,911 (49%)$46,0703,138 (17%)$5,1564,355 (24%)$6,082
Average8,730 (48.56%)$34,5562,694 (15.00%)$4,6345,855 (32.56%)$6,867
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 1,762 (49.56 % of students) received grants or scholarships and its average amount is $39,993. It can cover 61.37% of tuition & fees ($65,168).

In addition, 1,187 (33.11 % of students) students get helped from the students loans (average amount : $10,299).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,993 (52%)$28,8481,652 (43%)$10,219
2014-151,921 (49%)$30,8491,634 (42%)$9,761
2015-161,695 (47%)$34,2551,469 (40%)$9,652
2016-171,701 (48%)$34,1561,382 (39%)$10,203
2017-181,804 (52%)$41,0361,114 (32%)$11,099
2018-191,780 (49%)$43,022958 (27%)$10,980
2019-201,503 (48%)$45,724826 (26%)$10,878
2020-211,553 (53%)$50,486744 (26%)$9,475
2021-221,912 (48%)$51,565905 (23%)$10,425
Average1,762 (49.56%)$39,9931,187 (33.11%)$10,299
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 574 (16.11 % of students) received Pell (federal) grants and its average amount is $4,766.

In addition, 115 students received State/local government grants/scholarships (3.44 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14588 (15%)$4,253336 (9%)$2,389138 (4%)$2,0181,956 (51%)$27,563
2014-15554 (14%)$4,397417 (11%)$2,282124 (3%)$2,0901,888 (48%)$29,457
2015-16482 (13%)$4,540325 (9%)$2,38996 (3%)$2,7671,676 (46%)$32,716
2016-17489 (14%)$4,626336 (9%)$2,12193 (3%)$3,0821,663 (47%)$32,975
2017-18635 (18%)$4,781581 (17%)$2,377124 (4%)$2,5341,782 (51%)$38,887
2018-19629 (17%)$4,891522 (14%)$2,74878 (2%)$3,4411,759 (49%)$40,819
2019-20528 (17%)$5,017475 (15%)$2,604116 (4%)$3,1721,488 (47%)$43,326
2020-21577 (20%)$5,101537 (18%)$2,593109 (4%)$3,4101,541 (53%)$47,824
2021-22688 (17%)$5,286635 (16%)$2,392157 (4%)$3,3861,897 (47%)$48,974
Average574 (16.11%)$4,766463 (13.11%)$2,433115 (3.44%)$2,8781,739 (48.78%)$38,060
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 1,187 (33.11 % of students) get any students loan help and its average loan amount is $1,187.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,652 (43%)$10,2191,620 (43%)$6,794317 (8%)$18,533
2014-151,634 (42%)$9,7611,594 (41%)$6,777255 (7%)$20,186
2015-161,469 (40%)$9,6521,443 (40%)$6,923214 (6%)$19,573
2016-171,382 (39%)$10,2031,346 (38%)$6,470255 (7%)$21,147
2017-181,114 (32%)$11,0991,065 (30%)$5,318253 (7%)$26,485
2018-19958 (27%)$10,980901 (25%)$5,264217 (6%)$26,618
2019-20826 (26%)$10,878781 (25%)$5,204187 (6%)$26,314
2020-21744 (26%)$9,475703 (24%)$4,317159 (5%)$25,248
2021-22905 (23%)$10,425845 (21%)$4,196212 (5%)$27,776
Average1,187 (33.11%)$10,2991,144 (31.89%)$5,696230 (6.33%)$23,542

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