Tuition, Financial Aid, and Other Financial Assistance Information
Graduate Medical Sciences (GMS) seeks to enable all motivated and talented students to achieve their academic and professional potential. Most educational loans offer more favorable terms than other consumer loans, so we encourage students to apply for these loans before considering other financing options. Educational loans must be repaid, so we suggest you only borrow what is necessary.
Eligibility for federal student loans is determined through the Free Application for Federal Student Aid (FAFSA). The student is always the applicant/borrower, and annual maximum loan amounts apply. All applicants must submit the Free Application for Federal Student Aid annually to be considered for federal funding. All incoming students will receive a financial aid email with instructions and links to the forms and information you will need to complete in order to apply for federal and/or private lender loans. The financial aid information typically becomes available in April each year, soon after the new tuition rates and budget allowance information has been determined by the university.
Although the financial assistance office is unable to begin processing any federal and/or private loan requests until the student has been officially registered for the semester, it is strongly suggested that students begin reviewing the financial assistance information and loan programs available so when the time comes to apply for your loans, you will know from which lender/s you will request your funding.
Please look into the Federal Direct Loan. It is sponsored by the federal government.
2018-2019 Academic Year Budget
Students may need to utilize several different sources of financial assistance to meet educational costs. The following is an estimated cost of attendance.
|Tuition and Budget Information||Fall 2018||Spring 2019||Total|
|September 4, 2018 – May 11, 2019||9/4/18 – 12/21/18||1/22/19- 5/11/19||(9 months)|
|Full-Time Tuition (12-18 credits)||$26,408||$26,408||$52,816|
|Part-Time Tuition (2-11 credits)||$1,651||$1,651||Varies|
|Health and Wellness Fee||$212||$212||$424|
|Graduate Program Fee (full-time status)||$150||$150||$300|
|Graduate Program Fee (part-time status)||$100||$100||$200|
|Room and Board||$6,688||$6,687||$13,375|
|Books and Supplies||$538||$537||$1,075|
|Health Insurance (8/15/18 -8/14/19) Basic Plan||$2,205|
|Health Insurance (8/15/18 -8/14/19) PLUS Plan||$2,973|
|*Total Annual Costs||*$36,281||*$36,279||*$72,560|
* Total annual cost based on full-time status
* Does not include federal loan fees or the BU health insurance
Full-time: $26,408 per semester
Part-time: $1,651 per credit rate
Fall: September 4, 2018 – December 21, 2018
Spring: January 22, 2019 – May 11, 2019
Continuing Student Fee is $3,302 per semester
BU Basic Health Plan (TBA)
BU PLUS Health Plan (TBA)
PLEASE NOTE: If a student is enrolled for less than six credit hours in any single semester (fall, spring, or summer) and not certified full-time, financial aid eligibility will be restricted to tuition, fees, and book costs only.
Boston University’s policy is to withhold all diplomas, degrees, official transcripts, and other official recognition of work done at the University from students with respect to whom there are any outstanding overdue debts to the University, including, but not limited to amounts owed in satisfaction of tuition, loan agreements, fees, and charges, as well as monies owed for occupancy in University-owned or -operated residences and for dining service. No student may withdraw from the University in good standing or graduate from the University unless all current obligations to the University are paid in full.
Summer Term 2019 Cost of Attendance SUMMER 1 May 21, 2019 – June 28, 2019 SUMMER 2 July 1 – August 9, 2019 Tuition: $1,651 per credit hour each session Or Continuing Student Fee: $3,302 each session LIVING EXPENSE ALLOWANCES SUMMER TERM FEDERAL LOAN APPLICATIONS
Room and Board
Books and Supplies
Summer Term 2019 Cost of Attendance
SUMMER 1 May 21, 2019 – June 28, 2019
SUMMER 2 July 1 – August 9, 2019
Tuition: $1,651 per credit hour each session
Or Continuing Student Fee: $3,302 each session
LIVING EXPENSE ALLOWANCES
SUMMER TERM FEDERAL LOAN APPLICATIONS
Important Financial Assistance Information
- Glossary of Financial Aid Terms
- Tuition Payment Plan Information
- Types of Assistance available
- Satisfactory Academic Progress (SAP) guidelines
- GMS Scholarship Information
- Refund Information
- Continuing Student Financial Assistance Information
- Agency Sponsorship Information
- Federal and Private Lender List and contact information
- Federal vs. Private Loan Information
- Veteran’s Services
- Financial Literacy Workshops
Financial Assistance Forms and Applications
Money Management and Federal Loan Tracking Information
- Consumer Information Portal
- Federal Student Aid Repayment Estimator
- Bureau of Labor Statistics
- National Student Loan Data System
- IRS TAX TRANSCRIPTS
- 2017 Tax Year
- Loan Repayment Options
- Smart Money 101
- Student Employment Office
- Selective Services
- NHSC Scholarships
- NIH Loan Repayment Opportunities
A note about other financing options
Boston University invited lenders to provide information about their products through a Request for Information (RFI) process. The University reviewed the information provided and, based on that information, identified some loan products as having competitive rates, customer service and borrower benefits. Click on the Private Loan Options link above to find these loan programs.
You are welcome to borrow from the lender of your choice without penalty whether or not that lender is identified here or in other University materials. We encourage you to compare information concerning credit-based student loans carefully to determine the best fit for your particular circumstance.
If you have any questions or concerns after reviewing the information provided, please do not hesitate to contact the Financial Assistance Office by phone: 617-358-9513, fax # 617-358-2913, or by e-mail: email@example.com.