Student Loans for Boston College Students
About Boston College Financial Aid Programs
Boston College financial aid is designed to evaluate and alleviate the financial need of students and their families who attend Boston College. Like most private universities, BC wishes to be accessible to students from diverse backgrounds, and the Boston College financial aid office strives to make a BC education available to anybody who qualifies academically. When considering students for financial aid, Boston College takes into account income, family status, the cost of attending Boston College, and the student’s/family’s earning capacity. Boston College Financial aid is limited for international students, unfortunately, and BC practices need-aware admissions in this case.
Applying for Boston College financial aid is a relatively straightforward process, and is no different than applying for aid at any other private institution. At the beginning of the process, you should speak to the Boston College Financial Aid office about any grants and/or scholarships you might be eligible for, and whether you may need loans to cover the cost of attending Boston College. Students applying for Boston College Financial Aid are required to fill out and submit the Free Application for Federal Student Aid (FAFSA), as well as the CSS/PROFILE. These forms will be used to determine your financial need, and ultimately, your Boston College financial aid package. Once you submit these forms, your application process will be complete, and you will receive a financial aid package some time thereafter.
Student Loans at Boston College
Boston College Financial Aid comes in a variety of forms. The largest component of Boston College financial aid packages tends to be grants from the university that are supported by private donors. Such grants, along with scholarships from the school and third parties, are the most desirable form of financial aid: they are ‘free money’ awards, meaning they do not need to be repaid. Students often receive university loans in their Boston College financial aid packages as well; these loans are a very desirable form of financial aid, as they are interest-free. Boston College Financial Aid also
encourages students to work on campus during the year and to get a job during the summers to help cover their college expenses. Some students seek out external sources of loans from private lenders, while exceptional students may earn merit scholarships. If a financial need remains after your Boston College Financial aid package, be sure to use your free money and federal aid possibilities, and then turn to private student loans as a last option. To find, compare, and apply for private student loans for Boston College, just use our Student Loan Comparison tool above.
Can you tell me about the grants and scholarships offered by Boston College financial aid?
Boston College financial aid offers need-based grants and scholarships to students who demonstrate financial need. Note: there are no merit-based scholarships. Scholarships are disbursed to students twice in the academic year, and it is important to note that if the total award exceeds the cost of tuition and all other educational provisions, then it will be considered as taxable income.
Pay for Boston College*
|Total Avg. Cost||$54,624|
|Room & Board||$11,840|
|Financial Aid Information|
|Students Receiving Fin Aid||55%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$3,375|
|%Receiving Other Loans||1%|
Get into Boston College
Contact Boston College
|140 Commonwealth Avenue
Chestnut Hill, MA 02467(617) 552-8000
|Financial Aid Office URL|
|Admissions Office URL|
*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics