Calculating the Cost
Am I eligible for Federal Financial Aid?
You are eligible to apply for Federal Financial Aid if you meet the following criteria:
- Are a U.S. citizen or eligible non-citizen (see FAFSA for details).
- Are accepted or matriculated into a graduate degree or certificate program.
- Are not in default of any Federal loans.
- If you are male, have registered for Selective Service. (If you have questions about your Selective Service status, information can be obtained at www.sss.gov.)
Who should apply?
Anyone who is interested in financing their graduate school education and who meets the above criteria.
How is the Cost of Attendance budget determined?
Your Cost of Attendance is calculated based on fixed expenses (tuition and fees) and estimated expenses (room, utilities, books, travel, and personal expenses).
Tuition for 2015–2016 for Master's or Doctoral Degree, per Credit
|School of Social Work||$1,094|
|Lynch School of Education, Graduate Programs||$1,310|
|Connell Graduate School of Nursing||$1,248|
|School of Theology and Ministry||$984|
|Graduate School of the Morrissey College of Arts and Sciences||$1,454|
|Carroll School of Management, Graduate Programs||$1,550|
|Carroll School of Management Full-Time MBA Program||$22,760/per semester|
|Woods College of Advancing Studies, Graduate Administrative Studies
|Woods College of Advancing Studies, Graduate Applied Economics
|Initial Boston College ID Card For Entering Students Fee:||$30|
|Graduate Student Activity Fee:||$45 full-time (7 or more credits)
$55 (CGSOM 7 or more credits)
$30 (6 or fewer credits)
Living Expenses for 2015–2016 Academic Year (9 Months)
|Books & supplies||$1,300|
|Federal Direct Loan fees|
|Total living expenses||$19,580|
How is Federal Financial Aid eligibility determined?
In order to determine your eligibility for Federal Direct Loans, Perkins loans, and Work-Study, we use your Expected Family Contribution (EFC) as calculated by the information you submitted to the FAFSA to determine your financial need. Financial need is the difference between your EFC and the Cost of Attendance (which includes living expenses) for an academic loan year.
|Cost of Attendance||$45,400|
|Federal Financial need||$40,900|
Students Borrowing Summer, Fall, and Spring Loans
All students have an academic year for awarding loans. If you are enrolled in the Summer and plan on taking out Federal Direct Loans, then your academic year may begin in the Summer and continue through the Fall. Spring will be a separate period. If you are applying for an alternative loan or Graduate PLUS Loan, make sure your loan period matches the loan period for your unsubsidized Federal Direct Loan.
|Living Expenses:||Monthly||Academic Year
|Federal Direct Loan fees||$220||$220|
Dependent Care Expenses
Applicants with dependents will be granted an additional budget allowance of $1,800 per dependent under the age of sixteen.