If my family makes 30k a year while renting BUT we have a real estate property worth 300k that makes 16k in rental income a year. Am I considered wealthy enough to get below the average aid at BU SOM? If my parents do not have a property, I am surely getting. 55k a year in need based grants but because of the property, I feel absolutely cooked. My parents have no retirement, no other significant assets other than this house. Will BU straight up give me below average aid and ask my parents to sell the retirement house to fund my med school education? I'm crashing out rn because their financial aid is closed until January
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:
