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Boiler Affordability Grant

Beginning with the 2018-2019 school year, the Division of Financial Aid is excited to announce the creation of the Boiler Affordability Grant.  This grant allows Indiana undergraduates to have their tuition in the BAG!  The Boiler Affordability Grant will cover the amount of tuition, fees, and estimated book expenses that remain after accounting for other need based aid such as Federal Pell and Indiana state grants, up to the calculated financial need.  While the tuition freeze (no tuition increases in 6 years) has helped keep our price down, for many lower and middle income Hoosier families, the price is still out of reach.  This is why we created the Boiler Affordability Grant. When combined with other need based aid, this grant will fully cover the cost of tuition, fees and books for Indiana families who are Federal Pell Grant eligible or have a Federal Adjusted Gross Income of $70,000 or less, not to exceed demonstrated need.  Please continue reading below for more specific information, examples and a brief Q&A. 

Boiler Affordability Grant at Work

Who is it for?

The Boiler Affordability Grant is for Undergraduate, Indiana residents at the Purdue West Lafayette campus pursuing their first bachelors degree.  Students must either be Federal Pell Grant eligible or show a parent Adjusted Gross Income (AGI) of $70,000 or less on the Free Application for Federal Student Aid (FAFSA).  Independent student's eligibility will be based on their Federal Pell Grant eligibility and AGI (and spouse if applicable).  All students must complete the FAFSA no later than Purdue's March 1st Priority Filing Deadline.

What does it cover?

The Boiler Affordability Grant will cover the cost of tuition, fees and estimated book expenses or the amount of financial need; whichever is less.  While differential fees are included, individual course fees associated with courses such as labs, music and aviation would not be covered in this program.

How are tuition and fees calculated?

Purdue University bills at a flat rate for all undergraduate resident students enrolled in 8+ hours each semester. The amount of the flat rate is $4,996 per semester or $9,992 per year. Some programs have additional fees; those differential fees are included in the Boiler Affordability Grant as follows (these are annual amounts based on 2017-18 fees):

  • Computer Science - $2,050
  • Data Science - $2,050
  • Engineering - $2,050
  • Management - $1,436
  • Purdue Polytechnic - $572
  • Honors College - $200

When does it start?

The program will be in effect beginning the 2018-2019 school year.

How does it work?

Purdue will cover the amount of tuition, fees*, and estimated books that remain after accounting for other need based aid such as Federal Pell and State grants.  The amount of the Boiler Affordability Grant will not exceed calculated financial need.

Family of 3, 1 in College, Parent AGI $15,925 Science
Cost of Attendance (COA)   $22,852
Estimated Family Contribution (EFC) $0
Total Need (COA-EFC) $22,852
Merit Scholarship $4,000
Remaining Unmet Need $18,852
Tuition, Fees & Books (TFB) $11,152
Lesser of TFB or Total Need $11,152
Federal Pell Grant $5,920
State Grant $3,500

Boiler Affordability Grant (unmet TFB)

$1,732

 

Family of 3, 1 in College, Parent AGI $43,326
Engineering
Cost of Attendance (COA)   $24,902
Estimated Family Contribution (EFC) $6,095
Total Need (COA-EFC) $18,807
Merit Scholarship $4,000
Remaining Unmet Need $14,807
Tuition, Fees & Books (TFB) $13,302
Lesser of TFB or Total Need $13,302
Federal Pell Grant $0
State Grant $0

Boiler Affordability Grant (unmet TFB)

$13,302

 

Family of 2, 1 in College, Parent AGI $52,931  Management
Cost of Attendance (COA)   $24,288
Estimated Family Contribution (EFC) $10,002
Total Need (COA-EFC) $14,286
Merit Scholarship $0
Remaining Unmet Need $14,286
Tuition, Fees & Books (TFB) $12,588
Lesser of TFB or Total Need $12,588
Federal Pell Grant $0
State Grant $0
Boiler Affordability Grant (unmet TFB) $12,588

 

Family of 4, 1 in College, Parent AGI $69,507
Polytech
Cost of Attendance (COA)   $23,424
Estimated Family Contribution (EFC) $15,006
Total Need (COA-EFC) $8,418
Merit Scholarship $6,000
Remaining Unmet Need $2,418
Tuition, Fees & Books (TFB) $11,724
Lesser of TFB or Total Need $2,418
Federal Pell Grant $0
State Grant $0

Boiler Affordability Grant (remaining unmet need)

$2,418

 

*Boiler Affordability Grant does not cover the following fees: lab, music, flight and other course related specific fees.

What about Current Students?

Current students with Federal Pell Grants or parent AGI of $70,000 or less will receive aid under the new Boiler Affordability Grant policy. Students with a parent AGI above $70,000 will be awarded under the old policy based on EFC bands.

Why are you making this change?

We believe that using the AGI (adjusted gross income) will make our awarding processes clearer for parents and students and allow families that fall in this income range to know BEFORE they file the FAFSA that a Purdue education can be affordable.

Information on this page is provided as a reference tool.  Financial Aid Notices will be sent out electronically to incoming students after February 16th and to returning students after June 8th.  Factors such as verification and late filing may impact a students eligibility for any of the programs, grants and scholarships listed in the examples provided.  If you have questions, please call 765-494-5050 to speak with a staff member, Monday-Friday, 8:00 a.m. to 5:00 p.m.

*The Boiler Affordability Grant program does not replace the Purdue Promise program. If you would like to know more about Purdue Promise, click here for program and contact information.

Purdue University Division of Financial Aid, Schleman Hall, Room 305, 475 Stadium Mall Drive, West Lafayette, IN 47907-2050, (765) 494-5050

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