Tufts University Financial Aid
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Costs

Estimated costs for the 2014 Fall semester are: Tuition $23,722, room & board charge $6,306,  and fees $1044 = $31,072. Bills are sent electronically to families at the beginning of July. Payment is due at the beginning of August. Billing for the Spring semester (tuition, room and board charges, no fees) is sent in early November, and due in early December.

All of your financial aid will be credited to your University account by semester, as shown on your award Notice (with the exception of the Federal Work Study award, which is funding that is earned and paid to students on a weekly basis). Also credited to your University bill will be the amount of your Admissions deposit. Please also note that a federal fee will be deducted from any Direct Stafford (1.072%) or PLUS Loan (4.288%) you borrow. For more on the Direct Stafford and PLUS loan application process please go to the Loans section of this website.

Health Insurance is mandatory in the state of Massachusetts, and the fee is $2037 for the 2013 - 2014 academic year, charged in the first semester. This fee can be waived if a student is already covered by another health plan. Instructions for waiving this fee will be sent by Health Services to students during the summer.

A late fee is assessed on all unpaid balances. For more details about billing (address, methods of payment, late fees, etc.) you may visit the billing section of the Bursar site.

An allowance for books, supplies and personal expenses (estimated at $2300/year) is added to the Financial Services budget, as is an allowance for transportation, that varies by home state. The total estimated budget used by Financial Services for 2014-2015 is $63,400 (plus transportation allowance)  It is $55,800 for students who commute from home.

Student Account Calculator

Need help in figuring out what you will owe to the University? Get a head start with the Student Account Calculator. Our calculator consists of two pages. On the first page you will enter information about class level, room choices, etc. Clicking the grey CALCULATE button at the bottom of the page will bring up a pre populated second page. This second page will have costs (based on your selections) and available aid/resources (based on your input.) The amount that remains due to the University (or a credit) will be listed at the bottom of the second page.

Several points to keep in mind:

  1. The figures used in the calculator are currently using 2013-2014 figures. 
  2. The calculator assumes all entering First Year students to be enrolled full-time, to have the premium board plan, per University policy, and to have paid an Admission deposit.
  3. The Health Services and Student Activity fees are mandatory and billed once each year, during the Fall semester.
  4. You may wish to print out the second page of the calculator for reference. Once you leave the calculator site, the information you added will not be permanently saved.
  Financial Services - Financial Aid, Dowling Hall 7th Floor, Tufts University, Medford, MA,  02155  |  Tel: (617) 627-2000  |  Email