Financial Aid, Tuition and Fee Information

Tuition Costs

  BSU determines tuition charges for full-time students by utilizing the tuition banding method rather than by charging a per credit amount.
Full-Time Credit Load
  A student needs to average 16 credits per semester to graduate in 4 years, however, 12 credits is considered full-time attendance for all financial adi programs except Minnesota State Grant. A minimum of 15 credits is required to receive the maximum eligibility for a State Grant. In most cases, the grant difference between 12 and 15 credits is not reason enough to justify taking an additional class.
Satisfactory Academic Progress
  To remain eligible for all types of financial aid, a student is required to progress toward the completion of an academic program by successfully completing 67% of all cumulative credits attempted at BSU. The 67% completion rate is measured after each term meaning first term students must satisfactorily complete 2/3 of their attempted credits Fall semester to remain eligible for Spring semester aid. Students should register for a reasonable number of credits their first term based upon past academic experiences and successes. A student with 60 or more attempted credits, including transfer credits accepted by BSU, must have a 2.00 cumulative GPA to continue to recieve financial aid.
   
Effective Fall Semester 2006:
 

Tuition and fees should be paid in full no later first day of term or the student will be dropped from all classes. However, a student will not be dropped for non-payment if any one of the following criteria is met:

  1. The student has applied for financial aid and the university has recieved the FAFSA result from the US Department of Education.
  2. The student has amd a minimum down payment to tuition and fees of 15% or $300 whichever is less and has an active payment plan contract.
  3. The student has a scholarship or third party award that meets the minimun down payment rule.
  4. The student is enrolled in the PSEO program.
  5. The student tuition and fees are deferred for special hardship cases such as sudden illness, a death in the family or natural disaster.
   
Academic Resource Guide Index