2016-2017 FAFSA available now!
Students attending Binghamton University for Summer 2016, Fall 2016 and/or Spring 2017 can complete the FAFSA application now at www.fafsa.ed.gov.
If you’re a resident of New York state and are or will be an undergraduate student, you may be eligible for Tuition Assistance Program (TAP) awards. After filing your FAFSA, you will be able to link directly to the TAP application from the FAFSA confirmation page.
Students are encouraged to review their completed 2016-17 FAFSA information to ensure an accurate, valid application is available so a timely offer can be provided based on the timeframes noted below.
2016-17 FAFSAs with Binghamton's school code listed will be noted as received in BU BRAIN, Financial Aid tab, beginning mid-February 2016.
- New fall 2016 admitted students can expect financial aid award offer e-notifications beginning mid-March. Please note that you the CSS Profile is not required at Binghamton University.
- Continuing students can expect financial aid award offer e-notifications beginning early April.
SUNY Smart Track Literacy Tool provides financial guidance to college students
Smart Track® resources cover the spectrum of personal financial literacy, from budgeting, responsible credit card use and avoiding identify theft to the basics of banking, borrowing and working through college. The online learning center demystifies college finance through loan payment estimators and strategies to responsibly borrow and repay funds. Click here to set up an account and get started!
Consolidated Appropriations Act, 2012
Temporarily eliminates the interest subsidy on Direct Subsidized Loans during the six month grace period:
- Applies to new Direct Stafford Loans for which the first disbursement is made on or after July 1, 2012, and before July 1, 2014.
- Accrued grace period interest not paid will be capitalized.
- Borrower could have some loans with interest subsidy and some without when in grace period.
NYS Get on Your Feet Loan Forgiveness Program:
The New York State Get on Your Feet Loan Forgiveness Program provides up to 24 months of federal student loan debt relief to recent New York State college graduates who are participating in a federal income-driven repayment plan whose payments are generally capped at 10 percent of their discretionary income. Click here for more information and the instructions to apply.
FEDERAL AID ONCE DEGREE REQUIREMENTS ARE MET:
Once degree requirements are met, students are no longer eligible for federal aid funding for that degree.