Types of Loans
Student loans can play a critical role in helping to finance your education and are a great resource when used conservatively and wisely. You may borrow loans for up to your total cost of attendance which includes the cost of tuition, mandatory fees, living expenses, and BU medical insurance (if enrolled). We encourage you to carefully consider whether or not you need to borrow, and if you do, to borrow no more than you need or can comfortably repay after leaving school. Typical loan types available for students to finance their education include Federal Direct Unsubsidized Loan, Credit-Based Loans (including Grad PLUS Loan), and International Student Loans.
If you have further questions, please do not hesitate to contact the Graduate School Financial Aid Office. We are here to help you with any information or questions you may have regarding the loan process here at Boston University.