Financial Aid Alerts
Continuing students: financial aid award offer e-notifications will be sent to the student's BU email account beginning early May 2015.
FAFSA information: students are encouraged to review their completed FAFSA information to ensure an accurate, valid application is available so a timely offer can be provided based on the time frames listed above. FAFSAs with Binghamton's school code listed will be noted as received in BU BRAIN Self Service, Financial Aid tab, Eligibility section, beginning late February 2015.
FEDERAL DIRECT LOAN INTEREST RATES
Effective for loans first disbursed on or after July 1, 2014 and prior to July 1,
• Direct Subsidized and Unsubsidized Loans for Undergraduate students - fixed at 4.66%
• Direct Unsubsidized Loans for Graduate/Professional students - fixed at 6.21%
• Direct PLUS Loans for Parents of Dependent Undergraduate students and Graduate/Professional students - fixed at 7.21%
FEDERAL AID ONCE DEGREE REQUIREMENTS ARE MET
Once degree requirements are met, students are no longer eligible for federal aid funding for that degree.