Graduate students at Binghamton University may be eligible for federal loans to help them finance their education. There are two Federal loan options: Federal Direct Unsubsidized loans and Federal Graduate PLUS loans. Graduate students must be enrolled in 6 or more credits each semester to be eligible for federal loan funding.
Federal Unsubsidized Loan
Students in the following doctoral programs are eligible for an additional $12,500 in unsubsidized loan funding for the academic year:
- Doctor of Pharmacy
- Doctoral Degree in Clinical Psychology
Graduate PLUS Loan
To apply for the Graduate PLUS Loan online, go to www.studentloans.gov. A credit check is performed as part of the application process. Applicants will recieve an immediate credit decision. Award recipients must also complete an additional Master Promissory Note (MPN) for the PLUS loan at www.studentloans.gov.
Alternative (Private) Loans
Alternative (or private) loans are loans that students can borrow from outside lenders. Learn more about Alternative Loans here.
Other funding options for Graduate Students
Stipends, assistantships, and scholarships for Graduate students are awarded through the Graduate school. Click here for more information.