Financial Aid

<p>Accepted and content with the school. Unfortunately, I’m not the wealthiest, my family has $3000 in the bank a 30 year loan on a house and a younger sibling. How generous is BC in comparison to other schools in need based aid? Also do they give any additional financial aid to Honors Program?</p>

<p>Thanks</p>

<p>They will meet 100% need, but what you think your need is and theirs may be different. They do not have a reputation as being the most generous there are several others more generous. If your family does not own property and is low income there is aid available, however. The younger siblings probably are not much of a factor unless they are also in college. Unlike many other schools, there is no merit aid, for honors program or otherwise, except for a few presidential scholars.</p>

<p>The college ******* site assessment of cost indicates BC as MUCH less generous with financial aid than any other school I checked – including Notre Dame, Emory, Carleton … This surprised me. Can anyone compare the FA offer they got from BC to any other college’s? Also, does BC increase its offer if presented with a much better offer from a competing college?</p>

<p>BC more generous than some colleges but less than others. BC is definitely less generous than wealthy schools such as Emory, which caps loans. Other colleges also cap home equity as a % of income. Then of course, schools like George Washington will throw in a nice merit scholarship.</p>

<p>fwiw: based on reading of cc over the past few years, it appears that Catholic colleges in general are not very generous with their calculation of “need” for middle class families.</p>

<p>bluebayou, that’s why it surprised me that the aforementioned website estimated out of pocket expenses at BC as $7,000+ more per year than at Notre Dame; and expenses were estimated to be considerably higher at BC than Georgetown, too. I would have guessed that BC’s financial aid would be more comparable to those schools. So I am wondering if that website is correct, or if those financial aid estimates are a glitch or error on the website’s part.</p>

<p>^^dunno which website. But estimates are just that, estimates. Everything really depends on YOUR personal financial situation and how a college applies its “professional judgment”, i.e., one earner, divorced parents, own business, family size, large medical expenses, grandparents living with you, home equity, etc.</p>