kingkong6712
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Need based aid question
- Thread starter kingkong6712
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The page you are referencing is indicating that the average scholarship award is $30,895, not that scholarship is provided on average to students whose families make that much annually.
You may or may not end up with a scholarship from BU, but your ability to have government aid for the remainder of your cost of attendance uses a standardized form to determine how much financial aid they expect you to get from your parents. You can run an estimate here:
You may or may not end up with a scholarship from BU, but your ability to have government aid for the remainder of your cost of attendance uses a standardized form to determine how much financial aid they expect you to get from your parents. You can run an estimate here:
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So how large is the class? I think 116-117? So the infographic says everyone gets something. The important statistic is the range, and to me, a MEDIAN scholarship number is more important than the AVERAGE. (When it comes to disbursing scholarship money, do you want a statistical bell curve (average would be okay)??? In all likelihood, it is distributed so that more people get smaller amounts.
The more interesting number is the upper limit. How much off tuition or cost of attendance is that amount? That's the upper limit for how much you or any entering student gets to reduce their student debt. Overall scholarship budget every year is $3.5-3.6M.
(Please correct me if my math/reasoning is off.)
The more interesting number is the upper limit. How much off tuition or cost of attendance is that amount? That's the upper limit for how much you or any entering student gets to reduce their student debt. Overall scholarship budget every year is $3.5-3.6M.
(Please correct me if my math/reasoning is off.)
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