STEP 1: How Much Will It Cost?
2009/2010 Total Education Expenses
For students living in Boston University housing* or in off-campus apartments, total expenses are estimated at $53,000. For students commuting from their parents’ homes, expenses are estimated at $44,900.
| |
|
Commuter |
Resident |
| Tuition and
Fees** |
$37,910 |
$37,910 |
| Other Expenses |
|
Room & Board (most plans) |
0 |
11,848 |
|
Books & Supplies (estimated) |
940 |
940 |
|
Incidentals (estimated) |
3,417 |
1,772 |
| |
Meals at Home/Meals On Campus (estimated) |
2,103 |
0 |
| Total Expenses |
$44,900 |
$53,000 |
*Freshmen are required to live in University housing.
**University tuition and fees are subject to change without notice.
STEP 2: How to Estimate the Bill
From your Total Educational Expenses (Step 1 above) subtract:
- — Student Aid (excluding Federal Work-Study)
- — Enrollment Deposit
- — Estimated Contribution from Savings
To calculate your Expenses to be Financed.
STEP 3: Always Consider the No-Interest Payment Plan for Part of the Cost
TuitionPay Monthly Payment Plan
- Budget all or part of educational costs
- Annual amount is divided equally in 10 monthly payments
- No interest charges; TuitionPay is not a loan
- Payments begin in May
- Nonrefundable $60 fee
TuitionPay is a product of Sallie Mae Business Office Solutions: www.TuitionPay.com or 800-635-0120
STEP 4: Select a Credit-Based Loan That's Right for You
No one can tell you which loan program is best for you. We urge you to compare terms before choosing. Information on the Federal Direct PLUS Loan for Undergraduates and other loan programs is outlined in our undergraduate degree credit-based loans section, but that is not exhaustive. You are welcome to select other private loans not detailed there. Also, be sure to utilize the student’s Federal Direct Stafford Loan eligibility before taking a credit-based loan.
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