Pre-registered for fall 2015 and need Proof of Enrollment to defer your student loan repayment?

An Advanced Registration Certificate is now available through the National Student Clearinghouse (NSC) via BU BRAIN Self Service, Student tab.
Click here for more information.


NYS-aims Scholarship:

The New York State Achievement and Investment in Merit Scholarship (NY-AIMS) provides merit-based scholarships to New York State high school graduates who achieved academic excellence as a high school student, and enroll or plan to enroll in a public or private New York State college immediately after high school.

Online application available: deadline June 30, 2015. Learn more about this scholarship here.


2015-16 NYS STEM Incentive Program: 

The NYS STEM Incentive Program provides a full SUNY or CUNY tuition scholarship for the top 10 percent of students in each New York State high school if they pursue a STEM degree in an associates or bachelor degree program and agree to work in a STEM field in New York State for 5 years after graduation.  

Online application available: deadline August 15, 2015. Click here for more information.


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. Application coming soon.


FEDERAL DIRECT LOAN INTEREST RATES:

EFFECTIVE FOR LOANS FIRST DISBURSED ON OR AFTER JULY 1, 2015 AND PRIOR TO JULY 1, 2016:

• Direct Subsidized and Unsubsidized Loans for Undergraduate students - fixed at 4.29%

• Direct Unsubsidized Loans for Graduate/Professional students - fixed at 5.84%

• Direct PLUS Loans for Parents of Dependent Undergraduate students and Graduate/    Professional students - fixed at 6.84%


Federal Student Aid (FSA) ID and password replacES federal pin:

The Federal PIN previously used for the FAFSA application, studentloans.gov, and other federal/state aid sites are now being replaced with a username/password system.  Create your FSA ID and password today!

Click here for a reference guide on "How to create an FSA ID."


FEDERAL AID ONCE DEGREE REQUIREMENTS ARE MET:

Once degree requirements are met, students are no longer eligible for federal aid funding for that degree.

Last Updated: 6/30/15