Grants and Scholarships
types of financial aid
Boston College Grants/Scholarships
Eligibility for Boston College grant and scholarship funds is based solely on your demonstrated need and an on-time financial aid application. These are not merit-based awards. Once all the necessary application materials have been received and reviewed (verified), this award will be disbursed to your student account in two installments—one each semester. Please note that any portion of your total grant/scholarship that exceeds the cost of your tuition, fees, books, and supplies is considered taxable income.
Federal and State Grants
Federal and state grants are part of the scholarship portion of the overall financial aid award. As such, funding from these sources is determined and/or verified by the Office of Student Services and can replace institutional scholarship funding. Changes in grant levels from federal or state agencies can result in a dollar-for-dollar change in the Boston College scholarship. In addition to the application priority deadlines established by Boston College, students must also meet any deadlines established by their state scholarship program. These deadlines are listed on the FAFSA and are available at fafsa.ed.gov.
Estimates of federal and state grants are included in the initial award based on data submitted on the CSS PROFILE, FAFSA, and other application materials. The Office of Student Services is responsible for verifying all application information and reporting the corrected information to Federal and state agencies. If any changes are made during our verification process, a revised award notification will be sent to you. Federal and state grant funds will be disbursed to your student account once the necessary application materials have been received and reviewed (verified) and funding has been received. Because these programs operate on different schedules, not all federal and state grants will be credited to your account at the same time. In general, these awards will be disbursed to your student account in two even installments—one each semester.
Federal and state grant programs include:
Federal Pell Grant
A federal grant program awarded to students with exceptional financial need.
Federal Supplemental Educational Opportunity Grant (SEOG)
A federal grant program awarded to students with exceptional need, with preference to students receiving Federal Pell Grants.
Federal TEACH Grant
A Federal grant program awarded to students who intend to teach full-time in high-need subject areas for at least four years at schools that serve students from low-income families. If the teaching requirements are not met, this grant becomes an unsubsidized Federal Stafford loan, with interest accruing from the date the grant was initially disbursed. For more information, visit http://studentaid.ed.gov/types/grants-scholarships/teach.
A Massachusetts grant program awarded to students with exceptional financial need.
A Massachusetts grant program awarded to students with financial need.
Other State Scholarships
Several other states have reciprocal agreements with Massachusetts allowing the grants from those states to be used at Boston College. Because of the differences in the programs between states, Student Services is often not able to make estimates of state grant funds awarded by other states. Therefore, students should send copies of their state grant award notifications to Boston College so that Student Services may provide an adjusted award letter well in advance of the Fall semester. If Student Services does not receive notification from the student, the adjustment will be made once the state notifies the office of the student's state grant eligibility, usually during the Fall semester.