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International Students Financial Aid Award Guide

How and When Will I Receive My Financial Aid?

  • For Boston Conservatory scholarships and loans our office reviews your enrollment and other eligibility criteria and authorizes payment to your student account.
  • Your awards may increase, decrease, or be canceled, depending on these eligibility reviews. If your aid is canceled for any reason, you are responsible for paying all tuition, fees, and room and board charges you have incurred. Credited funds are applied to your unpaid balance.
  • Financial aid is credited to the student’s accounts approximately two weeks after the end of the add/drop period. If your credited aid exceeds Boston Conservatory charges, then you may be eligible for a refund check. Refund checks are usually available one month after the start of classes.
  • If your charges exceed your aid, you must pay the balance.

How Many Credits Do I Need to Take?

Awards cannot be disbursed until you have registered for the minimum number of credits. If you fall below these minimum credit requirements by dropping or withdrawing from classes, your awards may be canceled or reduced.

  • Most loans require at least half-time enrollment. Six credits is half-time enrollment for undergraduates. Graduate students should check their individual program for half-time enrollment information.
  • Conservatory Scholarships require full-time enrollment. For undergraduates, full-time enrollment is at least 12 credits. Graduate students should check their individual program for full-time enrollment information.

What Else Do I Have To Do To Receive and Keep My Conservatory Scholarship?

  • Satisfactory Academic Progress for Scholarships

To remain eligible for your Conservatory Scholarship you must meet the Scholarship Satisfactory Academic Progress (SAP) standards. Scholarship SAP standards include:

1.  2.0 cumulative Grade Point Average (GPA)

3.  Completion of full-time number of credits. Full-time enrollment for undergraduate students is 12 credits. Graduate students should check their individual program for information on full-time enrollment. 

  • Scholarship Probation

Students who do not pass the academic requirements listed above will go on Scholarship Probation. They will receive their scholarship for one semester while they attempt to pass the requirements. If they do not pass the requirements, they will go on Scholarship Suspension and lose their scholarship.

  • Scholarship Suspension Appeal

Students on Scholarship Suspension may appeal their status. They would need to write the Director of Financial Aid within 14 days of receiving notification of their suspension. In their appeal, students should write why they did not succeed and how they plan on succeeding in the future. Verification may be requested. If their appeal is successful, then they will be given an extra semester of Scholarship Probation. If they do not pass their requirements during the extra semester, they will go on Scholarship Suspension again.   

  • Annual Reapplication Requirement

There is no reapplication requirement, however, student must maintain Scholarship SAP.

What Happens If I Drop, Withdraw, or Change Grading Method to Audit?

  • Your award letter lists the amount of financial aid you will receive for various levels of enrollment. You can not receive aid for audited courses or courses that are dropped before the add/drop date.
  • A course is considered “dropped” if you withdraw before the add/drop date. There are no charges for dropped courses.
  • If you withdraw from a course after the add/drop date, it is a “withdrawal.” You will be charged for “withdrawn” courses, and withdrawals can lead to violations of the Scholarship SAP Policy.
  • If you withdraw from all your courses or stop attending them, you will be charged a portion of your tuition. See below:

The Boston Conservatory Withdrawal and Refund Policy 

Refunds are calculated for the fall and spring semesters using the following schedule:

Termination Date Refund Student Obligation
Before the first day of classes 100% 0%
Within 10 class days 80% 20%
Within 15 class days 60% 40%
Within 20 class days 40% 60%
Within 25 class days 20% 80%
After 25 class days None 100%

Refunds are calculated for the Institute for music education (summer) by the following schedule:


Termination Date Refund Student Obligation
Before the first day of classes 100% 0%
Within 3 class days 80% 20%
Within 4 class days 60% 40%
Within 5 class days 40% 60%
Within 6 class days 20% 80%
After 6 class days None 100%


The application fee and deposits toward tuition and/or room and board are not refundable. No fees are returned after the start of classes. The refund policy as stated above applies to tuition, room, and board charges only.

What does it cost to attend The Boston Conservatory?

The cost of attendance includes actual costs such as tuition and fees and room and board (if on campus) and estimated costs such as books, supplies, room and board (if not on campus), transportation and miscellaneous expenses. You may not receive financial aid in excess of your cost of attendance. Most international students do not receive financial aid in excess of their tuition and fees  

The Cost of Attendance elements in the 2016–2017 academic year are:



Tuition $41,560
Fee $2,300
Dormitory $11,700
265 Block meal plan* $6,300
Misc Expenses on campus** $2,280 
Living Expenses off campus*** $16,068 
Books $570 
Health Insurance**** $2,109



M.M. Performance Tuition $41,560
M.M. Opera Tuition $41,560
M.F.A. Musical Theater Tuition $41,560
G.P.D. Performance Tuition $25,170
G.P.D. Opera Tuition $41,560
Artist Diploma Tuition $25,170
Professional Studies Tuition $25,170
Music Education Tuition $1,670 per credit
Fee $2,300
Dormitory $11,700
265 Block Meal Plan* $6,300
Misc Expenses on Campus** $2,280
Living Expenses off Campus*** $16,068 
Health Insurance**** $1,700 (estimated)

*Students living on campus (except in 84 Fenway) are required to have a meal plan. Students living off campus can buy a meal plan.  

**"Miscellaneous Expenses" on campus includes travel and miscellaneous items.  

***"Living Expenses off-Campus" include room and board, travel and miscellaneous items. Miscellaneous expenses include common expenses, such as toothpaste, laundry detergent, soap, etc.

****Health insurance is mandatory if the student does not have it from another source.

Students may take out additional funds to cover their complete cost of attendance. To determine how much you can borrow, subtract the financial aid on your award letter from your total cost of attendance. Please note that you need not borrow up to your entire cost of attendance; you should only borrow what you will need.

Award Descriptions and Requirements

All funds on the award letter are for the entire academic year. Half of the fund will be used for the fall and the other half for the spring:

Conservatory Scholarships

These scholarships are offered to incoming students based on an appraisal of ability and potential, academic standing and overall student citizenship as evaluated by the faculty, department heads and the scholarship committee. The audition is key to receiving a Conservatory Scholarship. Need may be taken into consideration, but only if the audition warrants it.  

Full tuition scholarships cover the cost of tuition, the Orientation fee, the General Student Fee, the Activity Fee and the Health Center Fee. Room and board, medical insurance, the Medical Evacuation Fee and the Graduation Fee are not covered by a full tuition scholarship.

Music Education Scholarships

The Music Education Scholarships are merit based and are determined by the Music Education Admissions Committee from a review of all application materials and the interview/audition. They are awarded per credit.

Music Education Tuition Assistance Grant (TAG)

Music Education TAGs are awarded in the amount of $335 per credit for students who are enrolled in another Conservatory program when they apply to the music education program or who have completed a Conservatory program within two years of applying for the music education Program. All other students are awarded $135 per credit.

Tuition Assistance Grant (TAG)

TAGs are also awarded to students with exceptional circumstances. Exceptional TAGs are for one year only.

The Bill

Conservatory bills go out in June and November. Your financial aid will be listed on your bill as “Expected Funding.” The expected funding will be subtracted from the total as long as the award letter has been signed and returned along with all requested documents. If all requested documents have not been sent, then your financial aid will not show up on your bill. If your financial aid does not show up on the bill and you have not paid your balance, you will receive a late fee of $200. If you do not have enough financial aid to cover your bill, then you must find the money another way (private loans, outside scholarships, own funds). If you do not have funding in place by the deadline, then you will receive a late fee of $200.  

Most students do not get enough financial aid on their award letter to cover their balance. In this situation, students have the following options:

Private/Alternative Educational Loans

Private loans from the U.S. are available to international students, but most of these loans require a credit worthy co-borrower, who is a U.S. citizen or eligible non-citizen (green card holder). There are a variety of private educational loans with different fees and interest rates. These loans must be certified by the school and the funds come directly to the school. Any student who wants a private loan for just one semester must inform the Financial Aid Office. Please click here for a list of private education lenders: Please note that you are not required to use one of these lenders.

Direct to Consumer Loans (DTC)

DTC loans from the U.S. are marketed directly to the student and do not require the school’s certification. These loans usually require a credit-worthy co-borrower. For international students, this co-borrower must be a U.S. citizen or eligible non-citizen (green card holder). These loans usually have a higher rate of interest and/or higher fees. The check is made out directly to the student and not the school. Because the checks go directly to students, these loans are not counted as "Expected Funding" on your Conservatory bill. This may result in a late fee of $200.

TuitionPay Payment Plan

The Tuition Payment plan is an interest-free, debt-free way to spread tuition payments over a number of months within the academic year. You can make your payments by check, credit card or eCheck or you can have the payments automatically deducted from your checking or savings account. Please call 800-635-0120 or visit for more information.

What are the Satisfactory Academic Progress (SAP) Standards?

To remain eligible to take classes at The Boston Conservatory, you must comply with the college-wide Satisfactory Academic Progress Policy.   

SAP Standards

Undergraduate students must meet the following standards in order to maintain SAP:

  • A minimum cumulative and semester grade point average of 2.0;
  • Successful completion of at least 12 credits each semester;
  • Successful completion of at least 67 percent of attempted credits cumulatively and by semester.

Graduate students must meet the following standards in order to maintain SAP:

  • A minimum cumulative and semester grade point average of 2.7;
  • Successful completion of enough credits to equal full-time enrollment;
  • Successful completion of at least 67 percent of attempted credits cumulatively and by semester.

SAP will be evaluated at the end of every semester. Students who are not meeting the SAP standards will be placed on Academic Suspension or Probation. Students on Academic Probation may still attend class. They have one semester to make the required standards before being placed on Academic Suspension. Suspended students may appeal their status. The SAP Committee will review all five completed appeals. Approved students will be granted Academic Probation status and will be eligible to attend class during the next semester.  

For more information on this and other policies, please see the Student Handbook.

The Boston Conservatory Office of Financial Aid

Phone: 617-912-9120
Fax: 857-207-3120 or 857-207-3147

Office Hours

Monday through Friday: 9 a.m.–5:30 p.m.

Summer Office Hours
Monday through Thursday: 9 a.m.–5:30 p.m.
Friday: 9 a.m.–1 p.m.

Other Boston Conservatory Phone Numbers

Bursar’s Office: 617-912-9164

Registrar’s Office: 617-912-9169

Office of International Student Affairs: 617-912-9154

Other Financial Aid Web Sites


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