Money Matters

Here are some financial aid must-dos and other money matters you need to know.
THIS IS THE LAST BUZZ ISSUE THAT WILL BE SENT TO YOUR PERSONAL EMAIL. ALL FUTURE ISSUES WILL ONLY BE SENT TO YOUR BMAIL (YOUR BINGHAMTON EMAIL).
students outside in the spring
Student Loan Information

If you were offered Federal Direct Student Loans and you want to use these funds toward your fall bill, you must:
  Accept the loan online at BU BRAIN Self Service via the portal by logging into my.binghamton.edu no later than July 1, 2022.
  • Click on the BU BRAIN icon (top of the page)
  • At the main menu, click on the Financial Aid tab
  • Select "Award" and appropriate aid year
  • Go to "Accept Award Offer" and accept/decline loan offer(s)
Follow this easy-to-use guide for logging into BU BRAIN and viewing your award offer, accepting and/or declining your loans.
  First-time loan borrowers: Complete Entrance Counseling and a Master Promissory Note (MPN) for Undergraduates at https://studentloans.gov no later than mid-July. Note: Log in using your FAFSA username and password. 
Complete Unsatisfied Requirements
All unsatisfied requirements as a result of filing the FAFSA must be satisfied in order for financial aid to disburse to a student's account. To ensure timely disbursement of aid, satisfy requirements no later than July 1.
Steps to check requirements via BU BRAIN:
  • Log in to the portal at my.binghamton.edu
  • Click on the BU BRAIN icon (top of the page)
  • At the main menu, click on the Financial Aid tab
  • Select "Eligibility" and appropriate aid year
  • Click on "Student Requirements"
  • Complete any "unsatisfied" requirements
Haven't applied for financial aid for 2022-23?

It's not too late to file your 2022-2023 FAFSA and/or apply for New York state aid (Tuition Assistance Program and the Excelsior Scholarship). Make sure you use the appropriate codes:

  • FAFSA Code: 002836. Go to the student aid website to correct a processed FAFSA or call 1­-800­-433­-3242.
  • TAP Code: 0880. Go to http://www.hesc.ny.gov or call 1­-­888­-696­-4372 to correct a processed application.
Other Loan Options

A Federal Direct Parent PLUS Loan or a private education loan are financing options available to help with educational expenses. The amount you may be eligible for in a Parent PLUS Loan and/or a Private Loan will be listed at the top of the Award page in BU BRAIN, Financial Aid tab. Credit approval is required.
About Your Bill

Your fall 2022 e-bill notification will be sent to your BMail in early August with a due date in September. For more details regarding payment and due dates, visit Student Accounts.