As mentioned, if one finds the fees and cost of living at BU to be on the higher side, the financial aid department of the varsity would be of huge assistance. They can assist students with scholarships, grants, and student loans as well. At the university, the average federal grant comes to be around $5,013, whereas the financial aid is $19,233. The students at the university are provided with state aid and institutional aid. The state aid stands at $7,914, while the institutional aid is $19,233. The total need-based scholarships/grants offered at BU based on students' financial needs add up to $1,450,451 per year. Meanwhile, the total non-need-based scholarships/grants in a year come to around $13,101,300.