The Board of Trustees has set undergraduate tuition for the 2018-2019 academic year at $54,600, as part of a 3.6 percent increase in tuition, fees, room and board, bringing the overall annual cost of attendance at Boston College to $69,942.
To maintain the University’s commitment to providing access to students from diverse socioeconomic backgrounds, the trustees voted to increase need-based undergraduate financial aid by 8.9 percent to $131.3 million.
Boston College remains one of only 19 private universities in the United States that is need-blind in admissions and meets the full-demonstrated need of all undergraduate students. Overall, more than 67 percent of Boston College undergraduates receive financial aid, with the average need-based financial aid package projected to exceed $45,000 in 2018-2019.
“We are mindful of the sacrifices that families make in order to send their children to Boston College, and make every effort to limit tuition increases in recognition of those sacrifices," said Executive Vice President Michael Lochhead. "Our goal in setting tuition this year was to fund programs that enable the University to provide the best possible educational experience for our students while, at the same time, ensuring that BC remains an affordable option for families, regardless of their financial need. Increased resources from tuition will enable us to expand academic programs, invest in our strategic priorities and increase our financial aid offerings.”
“This budget will enable Boston College to increase financial aid for undergraduate students by $10.7 million, while maintaining our commitment to need-blind admissions and meeting the full demonstrated need of our students,” said Provost and Dean of Faculties David Quigley. “It will also allow us to direct additional resources to the priorities outlined in the Strategic Plan, including enhanced interdisciplinary collaboration, research that addresses societal needs, and formative education.”
Nationally, the average tuition increase for four-year private universities during 2017-2018 was 3.6 percent, according to the College Board.
The Board of Trustees also set tuition for graduate programs for the 2018-2019 academic year, including Boston College Law ($54,750), and the full-time MBA program in the Carroll School of Management ($51,200).
Boston College is ranked 34th in the “Best Value Schools” category among national universities by U.S. News & World Report. It also placed 18th in Kiplinger’s Personal Finance magazine’s ranking of the top 50 “Best Values” among American private universities.