<p>I got a pretty good financial package from BU, but would only be able to attend if i got the same amount of money each year, is BU consistent with the amount of financial aid given each year?</p>
<p>also does tuition price increase each year? because i heard that happens at some private universitys.</p>
<p>thank you! i really want to go to BU but i need to be able to afford it</p>
<p>I would also like to know the answer to this question, as I am in the same situation</p>
<p>Tuition at virtually all private universities will increase each year. BU has already announced a 3.7% increase for 2013-2014. You can expect a 3-4% increase each year. If you received merit aid, that is guaranteed each year as long as you maintain the required GPA etc. If you received need based aid, that may go up or down depending on changes in you family’s financial situation.</p>
<p>@TomSrOfBoston but if my financial situation was to stay the same, so would my financial aid package? because i have heard of schools giving freshman more than returning students so i would just like to know whether or not (given my financial situation stay the same) my package from year to year will be consistent.</p>
<p>My son’s financial aid stayed the same or increased each year (he is a junior now) as our EFC didn’t change much. One financial loan did increase $1,000 each year which covered the increased fees each year. As long as your EFC does not go up you should be all set for the full 4 years.</p>
<p>This kinda worries me…I hope it stays consistent.</p>
<p>I’m not positive, but I can’t imagine it would go down… especially with increases in tuition. If one of your parents suddenly gets a huge promotion or something, maybe; if your situation stays relatively the same, I’m sure your financial aid package will too.</p>
<p>I’m in the same boat, but I don’t see my dad getting a substantial raise (enough to change my FA package) anytime soon, so I’m considering BU because of the amount of money they gave me–a very generous $25k grant.</p>
<p>What happens when Dad works his butt off with OT to pay the balance per year. Will the increase in pay(OT) increase your EFC ? Seems counter productive.</p>
<p>"What happens when Dad works his butt off with OT to pay the balance per year. Will the increase in pay(OT) increase your EFC ? Seems counter productive.’</p>
<p>This is a tough one! The more you work, the more your EFC goes up! Maybe you can borrow the money to pay for college and then work overtime later to make the payments. That could help keep the financial aid consistent. You should definitely call their office to find out how this works!</p>
<p>When I got accepted, I was so happy (BU was my first choice), but most of my joy came from the financial aid I received. It was huge, and MUCH needed. It almost feels too good to be true, so I also worry that this will not be consistent…</p>
<p>The amount of FA I received was enough to make me choose BU over UF, and I live in Florida. (Full Bright Futures and Florida Pre-paid college.) I am so happy with BU Financial Aid. Doesn’t their aid get a bad rap? I don’t see why!</p>